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The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Day of Financial Reckoning Is Near (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Day of Financial Reckoning Is Near (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
The Day of Financial Reckoning Is Near (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
The Day of Financial Reckoning Is Near (Ad)
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
The Day of Financial Reckoning Is Near (Ad)
NYSE:DHT

DHT - DHT Stock Forecast, Price & News

$7.83
+0.09 (+1.16%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$7.63
$7.86
50-Day Range
$5.35
$7.83
52-Week Range
$4.55
$7.86
Volume
1.69 million shs
Average Volume
2.51 million shs
Market Capitalization
$1.34 billion
P/E Ratio
N/A
Dividend Yield
1.03%
Price Target
$8.67

DHT MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
10.7% Upside
$8.67 Price Target
Short Interest
Healthy
4.41% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-8.98
Upright™ Environmental Score
News Sentiment
0.31mentions of DHT in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
305.56%
From $0.18 to $0.73 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.17 out of 5 stars

Transportation Sector

68th out of 125 stocks

Deep Sea Foreign Transportation Of Freight Industry

18th out of 29 stocks

DHT stock logo

About DHT (NYSE:DHT) Stock

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. As of March 17, 2022, it had a fleet of 26 very large crude carriers with a capacity of 8,043,657 deadweight tons. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.

Analyst Ratings Changes

Several analysts recently commented on DHT shares. StockNews.com upgraded shares of DHT from a "sell" rating to a "hold" rating in a research report on Wednesday. Jefferies Financial Group began coverage on DHT in a research note on Wednesday, July 20th. They set a "buy" rating and a $9.00 price objective for the company. Finally, Stifel Nicolaus lifted their target price on DHT from $7.50 to $8.50 in a research note on Tuesday, July 19th.

DHT Stock Up 1.2 %

DHT Stock opened at $7.83 on Friday. DHT has a one year low of $4.55 and a one year high of $7.86. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.09 and a current ratio of 2.99. The company has a fifty day moving average of $6.39 and a 200-day moving average of $5.96. The stock has a market capitalization of $1.34 billion, a PE ratio of -41.21 and a beta of -0.27.

DHT (NYSE:DHT - Get Rating) last announced its quarterly earnings data on Wednesday, August 10th. The shipping company reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.08. The company had revenue of $54.05 million for the quarter, compared to analyst estimates of $50.57 million. DHT had a negative return on equity of 4.88% and a negative net margin of 9.86%. The firm's revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.09) EPS. As a group, analysts expect that DHT will post 0.18 EPS for the current year.

DHT Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, August 30th. Shareholders of record on Tuesday, August 23rd will be issued a $0.04 dividend. The ex-dividend date of this dividend is Monday, August 22nd. This represents a $0.16 dividend on an annualized basis and a yield of 2.04%. This is an increase from DHT's previous quarterly dividend of $0.02. DHT's dividend payout ratio (DPR) is -42.11%.

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DHT Stock News Headlines

DHT Maritime (DHT) Q2 2022 Earnings Call Transcript
DHT Holdings (DHT) Q2 Earnings Surpass Estimates
DHT Holdings, Inc. Second Quarter 2022 Results
DHT (DHT) Set to Announce Quarterly Earnings on Wednesday
See More Headlines
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DHT Company Calendar

Ex-Dividend for 5/26 Dividend
5/18/2022
Dividend Payable
5/26/2022
Last Earnings
8/10/2022
Today
8/13/2022
Ex-Dividend for 8/30 Dividend
8/22/2022
Dividend Payable
8/30/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
18
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$8.67
High Stock Price Forecast
$9.00
Low Stock Price Forecast
$8.50
Forecasted Upside/Downside
+10.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-11,520,000.00
Pretax Margin
-9.64%

Debt

Sales & Book Value

Annual Sales
$295.85 million
Cash Flow
$0.53 per share
Book Value
$6.00 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.34 billion
Optionable
Optionable
Beta
-0.27

Key Executives

  • Mr. Svein Moxnes Harfjeld (Age 58)
    Pres & CEO
    Comp: $1.93M
  • Ms. Laila C. Halvorsen (Age 47)
    Chief Financial Officer
  • Mr. J. Stephen Eglin
    Director of Chartering & Operations
  • Mr. Svenn Magne Edvardsen (Age 52)
    Technical Director
  • Mr. Wilhelm Flinder
    Mang. of Investor Relations & Bus. Analysis
  • Donald J. Puglisi
    Managing Director of Puglisi & Associates













DHT Stock - Frequently Asked Questions

Should I buy or sell DHT stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DHT in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DHT shares.
View DHT analyst ratings
or view top-rated stocks.

What is DHT's stock price forecast for 2022?

2 brokerages have issued 12 month price targets for DHT's shares. Their DHT share price forecasts range from $8.50 to $9.00. On average, they predict the company's stock price to reach $8.67 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price.
View analysts price targets for DHT
or view top-rated stocks among Wall Street analysts.

How have DHT shares performed in 2022?

DHT's stock was trading at $5.19 at the beginning of the year. Since then, DHT stock has increased by 50.9% and is now trading at $7.83.
View the best growth stocks for 2022 here
.

Are investors shorting DHT?

DHT saw a decline in short interest in July. As of July 31st, there was short interest totaling 6,170,000 shares, a decline of 15.9% from the July 15th total of 7,340,000 shares. Based on an average trading volume of 2,650,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 4.4% of the shares of the stock are sold short.
View DHT's Short Interest
.

When is DHT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our DHT earnings forecast
.

How were DHT's earnings last quarter?

DHT Holdings, Inc. (NYSE:DHT) released its quarterly earnings results on Wednesday, August, 10th. The shipping company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.08. The shipping company earned $54.05 million during the quarter, compared to the consensus estimate of $50.57 million. DHT had a negative net margin of 9.86% and a negative trailing twelve-month return on equity of 4.88%. The firm's quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.09) earnings per share.

How often does DHT pay dividends? What is the dividend yield for DHT?

DHT declared a quarterly dividend on Wednesday, August 10th. Stockholders of record on Tuesday, August 23rd will be paid a dividend of $0.04 per share on Tuesday, August 30th. This represents a $0.16 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date is Monday, August 22nd. This is an increase from the stock's previous quarterly dividend of $0.02.
Read our dividend analysis for DHT
.

Is DHT a good dividend stock?

DHT (NYSE:DHT) pays an annual dividend of $0.08 per share and currently has a dividend yield of 1.03%.
Read our dividend analysis for DHT.

What is DHT's stock symbol?

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

Who are DHT's major shareholders?

DHT's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (13.04%), Renaissance Technologies LLC (2.07%), Hosking Partners LLP (1.77%), JPMorgan Chase & Co. (1.42%), Northern Trust Corp (1.07%) and TCW Group Inc. (0.95%).

How do I buy shares of DHT?

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.

What is DHT's stock price today?

One share of DHT stock can currently be purchased for approximately $7.83.

How much money does DHT make?

DHT (NYSE:DHT) has a market capitalization of $1.34 billion and generates $295.85 million in revenue each year. The shipping company earns $-11,520,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis.

How can I contact DHT?

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.

This page (NYSE:DHT) was last updated on 8/14/2022 by MarketBeat.com Staff

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