DHT Holdings Company Profile (NYSE:DHT)

DHT Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "DHT."

DHT Holdings declared a quarterly dividend on Tuesday, May 9th. Stockholders of record on Monday, May 22nd will be paid a dividend of $0.08 per share on Wednesday, May 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.71%. The ex-dividend date is Thursday, May 18th. View DHT Holdings' Dividend History.

DHT Holdings, Inc. (NYSE:DHT) posted its quarterly earnings data on Tuesday, November, 1st. The company reported ($0.81) EPS for the quarter, missing the consensus estimate of $0.04 by $0.85. The business earned $50.30 million during the quarter, compared to the consensus estimate of $56.73 million. DHT Holdings had a negative net margin of 2.47% and a positive return on equity of 10.84%. The firm's revenue was down 32.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.27 earnings per share. View DHT Holdings' Earnings History.

6 brokerages have issued 1 year target prices for DHT Holdings' stock. Their forecasts range from $5.25 to $7.00. On average, they anticipate DHT Holdings' share price to reach $5.94 in the next year. View Analyst Ratings for DHT Holdings.

Here are some recent quotes from research analysts about DHT Holdings 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. " (7/12/2017)
• 2. Stifel Nicolaus analysts commented, "DHT Holdings announced a non-binding proposal from shipping billionaire John Fredriksen's Frontline Ltd (FRO; NC; $7.02) in an all stock transaction placing an implied value of $5.09 per share per DHT shares, or a 19.2% increase over Friday's closing price. Importantly, Frontline announced that it had already acquired 15 million shares or approximately 16% of outstanding DHT shares. In response, the DHT board installed a one-year rights plan or effectively a poison pill intended to give the board and shareholders time to review the offer." (1/30/2017)
• 3. Morgan Stanley analysts commented, "Crude tanker demand lags supply in 2017–18 wiping out DHT's earnings, but remains cash flow positive. Tanker demand weakens in 2017 while rates fall below average market breakeven levels," analyst Fotis Giannakoulis wrote in a note.The analyst expects VLCCs to earn on average $27/$30kpd in 2017/18 as market starts improving toward 2H18. Related Link: Morgan Stanley Tethers Euronav, Downgrades To Equal WeightThe analyst noted that, despite lack of earnings, the company's liquidity generation allows it to pay small dividends during the stronger winter quarters. The company pays at least 60 percent of ordinary net income to shareholders as dividend."Given the low stock liquidity and possible further decline in second hand values, the stock trades slightly below its current NAV of ~$5.5/share," (8/25/2016)

Some companies that are related to DHT Holdings include Seaspan Corporation (SSW), American Railcar Industries (ARII), KNOT Offshore Partners LP (KNOP), Teekay Corporation (TK), International Seaways (INSW), Nordic American Tankers Limited (NAT), Costamare (CMRE), Green Plains Partners LP (GPP), Star Bulk Carriers Corp. (SBLK), Student Transportation (STB), Navigator Holdings (NVGS), ArcBest Corporation (ARCB), Dynagas LNG Partners LP (DLNG), Echo Global Logistics (ECHO), Scorpio Bulkers (SALT), Hennessy Capital Acquisition Corp. II (DSKE), CAI International (CAI) and Fly Leasing Limited (FLY).

DHT Holdings' management team includes the folowing people:

• Erik A. Lind, Independent Chairman of the Board
• Svein Moxnes Harfjeld, Co-Chief Executive Officer
• Trygve Preben Munthe, Co-Chief Executive Officer
• Eirik Uboe, Chief Financial Officer
• Robert N. Cowen, Independent Director
• Einar Michael Steimler, Independent Director

DHT Holdings' stock is owned by many different of retail and institutional investors. Top institutional investors include FRONTLINE LTD / (10.20%), FRONTLINE LTD / (6.80%), FRONTLINE LTD / (5.70%), James Investment Research Inc. (0.33%), DnB Asset Management AS (0.08%) and Hollencrest Securities LLC (0.05%). View Institutional Ownership Trends for DHT Holdings.

DHT Holdings' stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc. and DnB Asset Management AS. View Insider Buying and Selling for DHT Holdings.

DHT Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Hollencrest Securities LLC. View Insider Buying and Selling for DHT Holdings.

Shares of DHT Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of DHT Holdings stock can currently be purchased for approximately $4.15.