NYSE:DHT DHT - DHT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding DHT Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $10.88 -0.01 (-0.09%) (As of 03/28/2023 12:00 AM ET) Add Compare Share Share Today's Range$10.85▼$11.0150-Day Range$8.21▼$12.0552-Week Range$4.98▼$12.13Volume1.10 million shsAverage Volume2.53 million shsMarket Capitalization$1.77 billionP/E Ratio28.63Dividend Yield13.97%Price Target$10.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability DHT MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside5.8% Downside$10.25 Price TargetShort InterestHealthy3.02% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-9.06Upright™ Environmental ScoreNews Sentiment0.30Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth9.65%From $1.14 to $1.25 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.88 out of 5 starsTransportation Sector92nd out of 123 stocksDeep Sea Foreign Transportation Of Freight Industry25th out of 29 stocks 1.5 Analyst's Opinion Consensus RatingDHT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.25, DHT has a forecasted downside of 5.8% from its current price of $10.88.Amount of Analyst CoverageDHT has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.02% of the float of DHT has been sold short.Short Interest Ratio / Days to CoverDHT has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in DHT has recently decreased by 27.50%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipDHT is a leading dividend payer. It pays a dividend yield of 14.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDHT has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of DHT is 400.01%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, DHT will have a dividend payout ratio of 121.60% in the coming year. This indicates that DHT may not be able to sustain their current dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDHT has received a -162.40% net impact score from Upright. The largest negative impact of DHT in category "GHG emissions" is driven by its "Oil trade" and "Heavy fuel oil ship freight transport services for crude oil" products. See details.Environmental SustainabilityThe Environmental Impact score for DHT is -9.06. Previous Next 1.8 News and Social Media Coverage News SentimentDHT has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 10 news articles for DHT this week, compared to 3 articles on an average week.Search InterestOnly 24 people have searched for DHT on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added DHT to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, DHT insiders have not sold or bought any company stock.Percentage Held by Institutions54.61% of the stock of DHT is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for DHT are expected to grow by 9.65% in the coming year, from $1.14 to $1.25 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of DHT is 28.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.20.Price to Earnings Ratio vs. SectorThe P/E ratio of DHT is 28.63, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 33.43.Price to Book Value per Share RatioDHT has a P/B Ratio of 1.73. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About DHT (NYSE:DHT) StockDHT Holdings, Inc. engages in the operation of a fleet of crude oil tankers. It operates through its integrated management companies in Monaco, Singapore, and Oslo, Norway. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.Read More Receive DHT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DHT and its competitors with MarketBeat's FREE daily newsletter. Email Address DHT Stock News HeadlinesMarch 28, 2023 | finance.yahoo.comDHT Holdings (DHT) Stock Moves -0.09%: What You Should KnowMarch 26, 2023 | finance.yahoo.comDHT Holdings, Inc.'s (NYSE:DHT) high institutional ownership speaks for itself as stock continues to impress, up 3.8% over last weekMarch 29, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 25, 2023 | americanbankingnews.comFY2023 Earnings Estimate for DHT Holdings, Inc. Issued By Jefferies Financial Group (NYSE:DHT)March 24, 2023 | americanbankingnews.comJefferies Financial Group Reaffirms Buy Rating for DHT (NYSE:DHT)March 23, 2023 | finance.yahoo.comDHT Holdings, Inc. has filed Form 20-F for 2022 with the US Securities and Exchange CommissionMarch 22, 2023 | finance.yahoo.comDHT Holdings (DHT) Stock Moves -1.33%: What You Should KnowMarch 22, 2023 | finance.yahoo.comWhy DHT Holdings (DHT) is a Great Dividend Stock Right NowMarch 29, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 19, 2023 | americanbankingnews.comDHT (NYSE:DHT) Now Covered by StockNews.comMarch 7, 2023 | finance.yahoo.comDHT Holdings Stock Rallies on Big AccumulationMarch 6, 2023 | finance.yahoo.comWhy DHT Holdings (DHT) is a Top Dividend Stock for Your PortfolioMarch 5, 2023 | finance.yahoo.comReturns At DHT Holdings (NYSE:DHT) Appear To Be Weighed DownFebruary 17, 2023 | finance.yahoo.comDHT Holdings (DHT) is a Top Dividend Stock Right Now: Should You Buy?February 15, 2023 | finance.yahoo.comDHT Holdings, Inc. (NYSE:DHT) Q4 2022 Earnings Call TranscriptFebruary 12, 2023 | finance.yahoo.comInterested In DHT Holdings' (NYSE:DHT) Upcoming US$0.38 Dividend? You Have Three Days LeftFebruary 11, 2023 | finance.yahoo.comDHT Holdings Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 11, 2023 | finance.yahoo.comHas DHT Holdings, Inc.'s (NYSE:DHT) Impressive Stock Performance Got Anything to Do With Its Fundamentals?February 8, 2023 | finance.yahoo.comDHT Holdings, Inc. Fourth Quarter 2022 ResultsFebruary 2, 2023 | finance.yahoo.comDHT Holdings, Inc. (DHT) Is a Trending Stock: Facts to Know Before Betting on ItFebruary 2, 2023 | finance.yahoo.comDHT Holdings (DHT) to Report Q4 Earnings: What's in Store?February 1, 2023 | finance.yahoo.comDHT Holdings, Inc. to announce fourth quarter 2022 results on Wednesday, February 8, 2023January 31, 2023 | finance.yahoo.comDHT Holdings (DHT) Stock Moves -0.36%: What You Should KnowJanuary 30, 2023 | finance.yahoo.comDHT Holdings (DHT) Earnings Expected to Grow: Should You Buy?January 25, 2023 | finance.yahoo.comDHT Holdings (DHT) Gains As Market Dips: What You Should KnowJanuary 12, 2023 | finance.yahoo.comDHT Holdings (DHT) Outpaces Stock Market Gains: What You Should KnowJanuary 9, 2023 | finance.yahoo.comDHT Holdings, Inc. announces $305 million financingSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive DHT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for DHT and its competitors with MarketBeat's FREE daily newsletter. Email Address DHT Company Calendar Last Earnings2/08/2023Ex-Dividend for 2/24 Dividend2/16/2023Dividend Payable2/24/2023Today3/28/2023Next Earnings (Estimated)5/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:DHT CUSIPN/A CIK1331284 Webwww.dhtankers.com Phone(441) 295-1422Fax441-298-7800Employees18Year FoundedN/APrice Target and Rating Average Stock Price Forecast$10.25 High Stock Price Forecast$12.00 Low Stock Price Forecast$8.50 Forecasted Upside/Downside-5.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.38 Trailing P/E Ratio28.63 Forward P/E Ratio9.54 P/E GrowthN/ANet Income$61.52 million Net Margins13.55% Pretax Margin13.78% Return on Equity4.69% Return on Assets3.19% Debt Debt-to-Equity Ratio0.34 Current Ratio3.66 Quick Ratio3.15 Sales & Book Value Annual Sales$454.15 million Price / Sales3.90 Cash Flow$1.04 per share Price / Cash Flow10.47 Book Value$6.29 per share Price / Book1.73Miscellaneous Outstanding Shares162,990,000Free FloatN/AMarket Cap$1.77 billion OptionableOptionable Beta-0.15 Key ExecutivesSvein Moxnes HarfjeldChief Executive OfficerJ. Stephen EglinDirector-Chartering & OperationsLaila Cecilie HalvorsenChief Financial OfficerSvenn Magne EdvardsenTechnical DirectorWilhelm FlinderManager-Investor Relations & Business AnalysisKey CompetitorsStar Bulk CarriersNASDAQ:SBLKSFLNYSE:SFLCostamareNYSE:CMREDanaosNYSE:DACNavigatorNYSE:NVGSView All CompetitorsInstitutional OwnershipVoya Investment Management LLCSold 485,606 shares on 2/28/2023Ownership: 0.339%Harvey Capital Management Inc.Sold 19,250 shares on 2/27/2023Ownership: 0.012%Parallax Volatility Advisers L.P.Sold 400 shares on 2/27/2023Ownership: 0.000%State of WyomingBought 5,494 shares on 2/16/2023Ownership: 0.011%Toroso Investments LLCSold 1,520 shares on 2/15/2023Ownership: 0.017%View All Institutional Transactions DHT Stock - Frequently Asked Questions Should I buy or sell DHT stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 2023? 1 Wall Street analysts have issued 12 month price objectives for DHT's stock. Their DHT share price forecasts range from $8.50 to $12.00. On average, they expect the company's share price to reach $10.25 in the next year. This suggests that the stock has a possible downside of 5.8%. View analysts price targets for DHT or view top-rated stocks among Wall Street analysts. How have DHT shares performed in 2023? DHT's stock was trading at $8.88 on January 1st, 2023. Since then, DHT shares have increased by 22.5% and is now trading at $10.88. View the best growth stocks for 2023 here. Are investors shorting DHT? DHT saw a decline in short interest in February. As of February 28th, there was short interest totaling 5,600,000 shares, a decline of 7.6% from the February 13th total of 6,060,000 shares. Based on an average daily trading volume, of 2,460,000 shares, the short-interest ratio is presently 2.3 days. Currently, 4.2% of the company's shares are short sold. View DHT's Short Interest. When is DHT's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023. View our DHT earnings forecast. How were DHT's earnings last quarter? DHT Holdings, Inc. (NYSE:DHT) released its quarterly earnings results on Wednesday, February, 8th. The shipping company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.02. The shipping company earned $116.74 million during the quarter, compared to the consensus estimate of $110.42 million. DHT had a net margin of 13.55% and a trailing twelve-month return on equity of 4.69%. The company's revenue for the quarter was up 136.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.05) EPS. How often does DHT pay dividends? What is the dividend yield for DHT? DHT announced a quarterly dividend on Tuesday, February 7th. Investors of record on Friday, February 17th will be given a dividend of $0.38 per share on Friday, February 24th. This represents a $1.52 annualized dividend and a yield of 13.97%. The ex-dividend date of this dividend is Thursday, February 16th. This is an increase from the stock's previous quarterly dividend of $0.04. Read our dividend analysis for DHT. What ETFs hold DHT's stock? 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), JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE), Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ), First Trust Active Factor Small Cap ETF (AFSM), Avantis U.S. Small Cap Equity ETF (AVSC) and Dimensional U.S. Targeted Value ETF (DFAT). Is DHT a good dividend stock? DHT (NYSE:DHT) pays an annual dividend of $1.52 per share and currently has a dividend yield of 14.19%. DHT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 400.01%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, DHT will have a dividend payout ratio of 121.60% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for DHT. What other stocks do shareholders of DHT own? 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). 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 variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (7.48%), Millennium Management LLC (2.65%), Hosking Partners LLP (2.53%), Renaissance Technologies LLC (1.99%), Morgan Stanley (1.57%) and Two Sigma Investments LP (1.18%). 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 $10.88. How much money does DHT make? DHT (NYSE:DHT) has a market capitalization of $1.77 billion and generates $454.15 million in revenue each year. The shipping company earns $61.52 million in net income (profit) each year or $0.38 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 3/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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