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. Investors of record on Monday, May 22nd will be given a dividend of $0.08 per share on Wednesday, May 31st. This represents a $0.32 annualized dividend and a yield of 8.02%. The ex-dividend date of this dividend is Thursday, May 18th. View DHT Holdings' Dividend History.

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

6 analysts have issued twelve-month target prices for DHT Holdings' stock. Their forecasts range from $5.00 to $7.00. On average, they expect DHT Holdings' stock price to reach $5.88 in the next twelve months. 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. " (6/26/2017)
• 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)
• 4. Jefferies Group LLC analysts commented, "Yesterday after the market close, DHT reported adj. 2Q16 EPS of $0.37 which topped both Street consensus of $0.29 and our estimate of $0.22 primarily due to better than expected charter rates earned during the quarter." (8/11/2016)

Some companies that are related to DHT Holdings include Golden Ocean Group Limited (GOGL), Costamare (CMRE), American Railcar Industries (ARII), Seaspan Corporation (SSW), Martin Midstream Partners L.P. (MMLP), KNOT Offshore Partners LP (KNOP), GasLog Partners LP (GLOP), Nordic American Tankers Limited (NAT), International Seaways (INSW), Echo Global Logistics (ECHO), Star Bulk Carriers Corp. (SBLK), Student Transportation (STB), Teekay Corporation (TK), Scorpio Bulkers (SALT), Dynagas LNG Partners LP (DLNG), ArcBest Corporation (ARCB), CAI International (CAI) and Dorian LPG (LPG).

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 a variety of of institutional and retail investors. Top institutional shareholders include BW GROUP LTD (25.30%), FRONTLINE LTD / (10.20%), Dimensional Fund Advisors LP (8.28%), Canyon Capital Advisors LLC (1.80%), Morgan Stanley (1.28%) and Boston Partners (1.09%). View Institutional Ownership Trends for DHT Holdings.

DHT Holdings' stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Russell Investments Group Ltd., Cedar Capital LLC, AQR Capital Management LLC, Parametric Portfolio Associates LLC, UBS Group AG, California Public Employees Retirement System and TIAA CREF Investment Management LLC. View Insider Buying and Selling for DHT Holdings.

DHT Holdings' stock was purchased by a variety of institutional investors in the last quarter, including Canyon Capital Advisors LLC, Alliancebernstein L.P., Kennedy Capital Management Inc., James Investment Research Inc., Oxford Asset Management, Caxton Associates LP, Dimensional Fund Advisors LP and Renaissance Technologies 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 $3.99.