DHT (DHT) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DHT in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" DHT shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DHT, but not buy additional shares or sell existing shares.
View DHT analyst ratings or view top-rated stocks.

1 brokers have issued 1 year target prices for DHT's stock. Their DHT share price forecasts range from $10.00 to $12.00. On average, they predict the company's stock price to reach $11.00 in the next twelve months. This suggests a possible upside of 35.6% from the stock's current price.
View analysts price targets for DHT or view top-rated stocks among Wall Street analysts.

DHT's stock was trading at $8.88 at the beginning of 2023. Since then, DHT stock has decreased by 8.7% and is now trading at $8.11.
View the best growth stocks for 2023 here.

DHT saw a increase in short interest in April. As of April 30th, there was short interest totaling 5,240,000 shares, an increase of 14.4% from the April 15th total of 4,580,000 shares. Based on an average daily volume of 2,580,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 3.9% of the shares of the stock are sold short.
View DHT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023.
View our DHT earnings forecast.

DHT Holdings, Inc. (NYSE:DHT) posted its quarterly earnings data on Wednesday, May, 3rd. The shipping company reported $0.23 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by $0.07. The shipping company had revenue of $93.90 million for the quarter, compared to the consensus estimate of $97.36 million. DHT had a net margin of 22.92% and a trailing twelve-month return on equity of 10.65%. DHT's quarterly revenue was up 142.4% compared to the same quarter last year. During the same period last year, the business earned ($0.14) EPS.

DHT announced a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Thursday, May 18th will be paid a dividend of $0.23 per share on Thursday, May 25th. This represents a $0.92 annualized dividend and a yield of 11.34%. The ex-dividend date of this dividend is Wednesday, May 17th.
Read our dividend analysis for DHT.

ETFs with the largest weight of DHT (NYSE:DHT) stock in their portfolio include Invesco Dynamic Oil & Gas Services ETF (PXJ), SonicShares Global Shipping ETF (BOAT), iShares US Small Cap Value Factor ETF (SVAL), Distillate Small/Mid Cash Flow ETF (DSMC), Dimensional US Small Cap Value ETF (DFSV), JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE), First Trust Active Factor Small Cap ETF (AFSM) and Avantis U.S. Small Cap Equity ETF (AVSC).

DHT (NYSE:DHT) pays an annual dividend of $0.92 per share and currently has a dividend yield of 11.34%. DHT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 129.58%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DHT will have a dividend payout ratio of 69.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DHT.

Based on aggregate information from My MarketBeat watchlists, some companies that other DHT investors own include Washington Prime Group (WPG), Golar LNG Partners (GMLP), Pennsylvania Real Estate Investment Trust (PEI), CBL & Associates Properties (CBL), New Residential Investment (NRZ), Gran Tierra Energy (GTE), EnLink Midstream (ENLC), CNBX Pharmaceuticals (CNBX), Matinas BioPharma (MTNB) and Organigram (OGI).

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

DHT's stock is owned by a variety of retail and institutional investors. Top institutional investors include FMR LLC (12.92%), Dimensional Fund Advisors LP (8.09%), BlackRock Inc. (4.81%), Renaissance Technologies LLC (2.38%), Hosking Partners LLP (2.21%) and Two Sigma Investments LP (1.88%).

Shares of DHT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of DHT stock can currently be purchased for approximately $8.11.

DHT (NYSE:DHT) has a market capitalization of $1.32 billion and generates $454.15 million in revenue each year. The shipping company earns $61.52 million in net income (profit) each year or $0.71 on an earnings per share basis.

The company employs 1,252 workers across the globe.

DHT's mailing address is CLARENDON HOUSE 2 CHURCH STREET, HAMILTON D0, HM 11. The official website for the company is www.dhtankers.com. The shipping company can be reached via phone at (441) 295-1422, via email at wf@dhtankers.com, or via fax at 441-298-7800.