NYSE:DHT - DHT Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding DHT Holdings Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $5.03 -0.16 (-3.08 %) (As of 02/27/2020 09:40 AM ET) Add Compare Today's Range$4.94Now: $5.03▼$5.0550-Day Range$5.00MA: $6.33▼$8.2252-Week Range$4.22Now: $5.03▼$8.83Volume36,447 shsAverage Volume4.04 million shsMarket Capitalization$738.45 millionP/E Ratio11.18Dividend Yield25.60%Beta0.64 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email DHT Holdings, Inc, through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore. As of March 18, 2019, it had a fleet of 27 very large crude carriers with a capacity of 8,360,850 deadweight tons. The company was founded in 2005 and is headquartered in Hamilton, Bermuda. Industry, Sector and Symbol Stock Exchange NYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:DHT Previous Symbol CUSIPN/A CIK1331284 Webhttp://www.dhtankers.com/ Phone1-441-299-4912Debt Debt-to-Equity Ratio0.80 Current Ratio1.68 Quick Ratio1.41Price-To-Earnings Trailing P/E Ratio11.18 Forward P/E Ratio4.53 P/E Growth0.9 Sales & Book Value Annual Sales$535.07 million Price / Sales1.38 Cash Flow$1.42 per share Price / Cash Flow3.54 Book Value$6.35 per share Price / Book0.79Profitability EPS (Most Recent Fiscal Year)$0.57 Net Income$73.68 million Net Margins13.77% Return on Equity8.88% Return on Assets4.25%Miscellaneous Employees17 Outstanding Shares146,810,000Market Cap$738.45 million Next Earnings Date5/13/2020 (Estimated) OptionableOptionable Receive DHT News and Ratings via Email Sign-up to receive the latest news and ratings for DHT and its competitors with MarketBeat's FREE daily newsletter. DHT Rates by TradingView DHT (NYSE:DHT) Frequently Asked Questions What is DHT's stock symbol? DHT trades on the New York Stock Exchange (NYSE) under the ticker symbol "DHT." How often does DHT pay dividends? What is the dividend yield for DHT? DHT announced a quarterly dividend on Friday, February 7th. Investors of record on Tuesday, February 18th will be paid a dividend of $0.32 per share on Tuesday, February 25th. This represents a $1.28 annualized dividend and a yield of 25.45%. The ex-dividend date is Friday, February 14th. This is a boost from DHT's previous quarterly dividend of $0.05. View DHT's Dividend History. How were DHT's earnings last quarter? DHT Holdings Inc (NYSE:DHT) issued its quarterly earnings results on Wednesday, February, 5th. The shipping company reported $0.45 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.60 by $0.15. The shipping company earned $141.70 million during the quarter, compared to the consensus estimate of $154.31 million. DHT had a net margin of 13.77% and a return on equity of 8.88%. The firm's revenue was up 66.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.08 EPS. View DHT's Earnings History. When is DHT's next earnings date? DHT is scheduled to release their next quarterly earnings announcement on Wednesday, May 13th 2020. View Earnings Estimates for DHT. What price target have analysts set for DHT? 1 analysts have issued 1 year price objectives for DHT's shares. Their forecasts range from $8.00 to $8.00. On average, they expect DHT's stock price to reach $8.00 in the next year. This suggests a possible upside of 59.0% from the stock's current price. View Analyst Price Targets for DHT. What is the consensus analysts' recommendation for DHT? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for DHT. What are Wall Street analysts saying about DHT stock? Here are some recent quotes from research analysts about DHT stock: 1. According to Zacks Investment Research, "DHT MARITIME INC., formerly Double Hull Tankers, Inc. operates a fleet of double-hull crude oil tankers on international routes. DHT's modern fleet consists of three Very Large Crude Carriers, two Suezmax tankers and four Aframax tankers. DHT intends to pursue a strategy of providing shareholders with a stable and visible distribution and also position the Company to use its incremental cash flow to fund future growth opportunities. " (2/11/2020) 2. Evercore ISI analysts commented, "We retain our Outperform rating and price target of $8 on DHT. The promised (and hoped for) cycle is now arriving… Lost amid imploding equity and commodity markets over the last five days has been a meaningful improvement in VLCC spot rates, at a time of year when crude tanker markets are usually seasonally depressed. Indeed, according to Poten & Partners, the benchmark VLCC spot rate (Arabian East) now stands at a TCE of $26,300/day, up from $10,700/day one week ago. VLCC TCE rates from East are at $31,100/day today, up from $19,300/day one week ago. Furthermore, with many refineries only beginning to return from maintenance and newbuild deliveries set to slow in the remainder of the year, we believe this early move in VLCC spot rates is just the beginning of further strengthening into yearend." (8/8/2019) Has DHT been receiving favorable news coverage? Media coverage about DHT stock has been trending negative on Thursday, InfoTrie reports. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. DHT earned a coverage optimism score of -2.0 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for DHT. Are investors shorting DHT? DHT saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 7,650,000 shares, a drop of 14.4% from the January 30th total of 8,940,000 shares. Based on an average daily trading volume, of 3,170,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 7.0% of the shares of the company are sold short. View DHT's Current Options Chain. Who are some of DHT's key competitors? Some companies that are related to DHT include SEASPAN CORP/SH SH (SSW), Euronav (EURN), Ship Finance International (SFL), Frontline (FRO), Scorpio Tankers (STNG), Seacor (CKH), COSTAMARE INC/SH (CMRE), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), Dorian LPG (LPG), Navigator (NVGS), DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK) and Eagle Bulk Shipping (EGLE). What other stocks do shareholders of DHT own? Based on aggregate information from My MarketBeat watchlists, some companies that other DHT investors own include Western Asset Mortgage Capital (WMC), New Residential Investment (NRZ), Energy Transfer LP Unit (ET), Frontline (FRO), Arlington Asset Investment (AI), NVIDIA (NVDA), Ship Finance International (SFL), SEASPAN CORP/SH SH (SSW), Capital Product Partners (CPLP) and Ford Motor (F). Who are DHT's key executives? DHT's management team includes the folowing people: Mr. Trygve Preben Munthe, Co-Chief Exec. Officer (Age 57)Mr. Svein Moxnes Harfjeld, Co-Chief Exec. Officer (Age 55)Ms. Laila C. Halvorsen, Chief Financial Officer (Age 44)Mr. J. Stephen Eglin, Director of Chartering & OperationsMr. Svenn Magne Edvardsen, Technical Director (Age 49) Who are DHT's major shareholders? DHT's stock is owned by a number of of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (6.59%), FMR LLC (2.97%), Hosking Partners LLP (2.09%), Goldman Sachs Group Inc. (1.76%), DNB Asset Management AS (1.50%) and Marshall Wace LLP (1.27%). Which major investors are selling DHT stock? DHT stock was sold by a variety of institutional investors in the last quarter, including Credit Suisse AG, Hosking Partners LLP, Bowling Portfolio Management LLC, Barclays PLC, Jefferies Group LLC, Perritt Capital Management Inc., New York State Common Retirement Fund and Williams Jones Wealth Management LLC.. Which major investors are buying DHT stock? DHT stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Renaissance Technologies LLC, Brightline Capital Management LLC, Goldman Sachs Group Inc., Marshall Wace LLP, Man Group plc, DNB Asset Management AS and Point72 Asset Management L.P.. How do I buy shares of DHT? Shares of DHT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab. What is DHT's stock price today? One share of DHT stock can currently be purchased for approximately $5.03. How big of a company is DHT? DHT has a market capitalization of $738.45 million and generates $535.07 million in revenue each year. The shipping company earns $73.68 million in net income (profit) each year or $0.57 on an earnings per share basis. DHT employs 17 workers across the globe.View Additional Information About DHT. What is DHT's official website? The official website for DHT is http://www.dhtankers.com/. How can I contact DHT? DHT's mailing address is CLARENDON HOUSE 2 CHURCH STREET, HAMILTON D0, HM 11. The shipping company can be reached via phone at 1-441-299-4912. MarketBeat Community Rating for DHT (NYSE DHT)Community Ranking: 3.1 out of 5 ( )Outperform Votes: 500 (Vote Outperform)Underperform Votes: 313 (Vote Underperform)Total Votes: 813MarketBeat's community ratings are surveys of what our community members think about DHT and other stocks. Vote "Outperform" if you believe DHT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DHT will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 2/27/2020 by MarketBeat.com StaffFeatured Article: What is a Buy-Side Analyst?
