DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore. As of February 6, 2018, it had a fleet of 27 very large crude carriers and 2 Aframaxes with deadweight tons of 8,590,740. 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
Phone441-299-4912
Debt
Debt-to-Equity Ratio1.01
Current Ratio1.78
Quick Ratio1.47
Price-To-Earnings
Trailing P/E Ratio31.08
Forward P/E Ratio-16.75
P/E GrowthN/A
Sales & Book Value
Annual Sales$355.05 million
Price / Sales1.63
Cash Flow$0.8138 per share
Price / Cash Flow4.94
Book Value$6.50 per share
Price / Book0.62
Profitability
EPS (Most Recent Fiscal Year)$0.13
Net Income$6.60 million
Net Margins-23.10%
Return on Equity-6.95%
Return on Assets-3.55%
Miscellaneous
Employees17
Outstanding Shares143,570,000
Market Cap$601.57 million
OptionableOptionable
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 Thursday, November 1st. Investors of record on Friday, November 16th will be given a dividend of $0.02 per share on Friday, November 23rd. This represents a $0.08 annualized dividend and a dividend yield of 1.99%. The ex-dividend date of this dividend is Thursday, November 15th. View DHT's Dividend History.
How were DHT's earnings last quarter?
DHT Holdings Inc (NYSE:DHT) announced its quarterly earnings data on Thursday, November, 1st. The shipping company reported ($0.10) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.09) by $0.01. The shipping company had revenue of $48.20 million for the quarter, compared to the consensus estimate of $50.07 million. DHT had a negative net margin of 23.10% and a negative return on equity of 6.95%. The firm's revenue for the quarter was down 12.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.04) EPS. View DHT's Earnings History.
When is DHT's next earnings date?
What price target have analysts set for DHT?
7 brokers have issued 12 month price targets for DHT's stock. Their predictions range from $5.00 to $7.00. On average, they expect DHT's stock price to reach $6.20 in the next year. This suggests a possible upside of 53.8% from the stock's current price. View Analyst Price Targets for DHT.
What is the consensus analysts' recommendation for DHT?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 1 hold rating and 6 buy ratings 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. " (11/13/2018)
- 2. Maxim Group analysts commented, "DHT reported 2Q18 results, which were lower than expected as the crude tanker sector faced a depressed rate environment. Although 2Q18 VLCC spot rates remained depressed at $5,301 per vessel/day, DHT, through its leading chartering desk, realized $11,900 per vessel/day." (8/9/2018)
Has DHT been receiving favorable news coverage?
Media headlines about DHT stock have trended somewhat positive on Tuesday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. DHT earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an effect on the company's share price in the next few days.
Who are some of DHT's key competitors?
Some companies that are related to DHT include Ship Finance International (SFL), Euronav (EURN), SEASPAN CORP/SH SH (SSW), Frontline (FRO), Pac BASIN SHIPP/ADR (PCFBY), Scorpio Tankers (STNG), Seacor (CKH), Star Bulk Carriers (SBLK), Navigator (NVGS), DryShips (DRYS), COSTAMARE INC/SH (CMRE), Scorpio Bulkers (SALT), Teekay (TK), Dorian LPG (LPG) and Diana Shipping (DSX).
Who are DHT's key executives?
DHT's management team includes the folowing people:
- Mr. Trygve Preben Munthe, Co-Chief Exec. Officer (Age 56)
- Mr. Svein Moxnes Harfjeld, Co-Chief Exec. Officer (Age 54)
- Ms. Laila C. Halvorsen, Chief Financial Officer (Age 43)
- Mr. J. Stephen Eglin, Director of Chartering & Operations
- Mr. Svenn Magne Edvardsen, Technical Director (Age 48)
Who are DHT's major shareholders?
DHT's stock is owned by a number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.92%), BlackRock Inc. (3.23%), Lansdowne Partners UK LLP (2.54%), Renaissance Technologies LLC (2.51%), Saya Management LP (1.09%) and Allianz Asset Management GmbH (0.68%).
Which major investors are selling DHT stock?
DHT stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Morgan Stanley, Allianz Asset Management GmbH, Cedar Capital LLC and Russell Investments Group Ltd..
Which major investors are buying DHT stock?
DHT stock was acquired by a variety of institutional investors in the last quarter, including Lansdowne Partners UK LLP, Dimensional Fund Advisors LP, Saya Management LP, Renaissance Technologies LLC, Rubric Capital Management LP, GSA Capital Partners LLP, Federated Investors Inc. PA and DNB Asset Management AS.
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, Scottrade, Fidelity and Charles Schwab.
What is DHT's stock price today?
One share of DHT stock can currently be purchased for approximately $4.03.
How big of a company is DHT?
DHT has a market capitalization of $601.57 million and generates $355.05 million in revenue each year. The shipping company earns $6.60 million in net income (profit) each year or $0.13 on an earnings per share basis. DHT employs 17 workers across the globe.
What is DHT's official website?
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 441-299-4912.
MarketBeat Community Rating for DHT (NYSE DHT)
MarketBeat'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.
