DHT Stock Price, News & Analysis (NYSE:DHT)

$6.01
+0.18 (+3.09 %)
(As of 09/23/2019 01:33 AM ET)
Today's Range
$5.84
Now: $6.01
$6.04
50-Day Range
$5.10
MA: $5.60
$6.07
52-Week Range
$3.60
Now: $6.01
$6.36
Volume1.58 million shs
Average Volume1.08 million shs
Market Capitalization$854.86 million
P/E RatioN/A
Dividend Yield1.37%
Beta0.52
DHT Holdings, Inc, through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore. As of March 18, 2019, it had a fleet of 27 very large crude carriers with a capacity of 8,360,850 deadweight tons. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone441-299-4912

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$375.94 million
Cash Flow$0.4684 per share
Book Value$6.00 per share

Profitability

Net Income$-46,930,000.00

Miscellaneous

Employees17
Market Cap$854.86 million
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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 Tuesday, August 6th. Shareholders of record on Thursday, August 22nd will be paid a dividend of $0.02 per share on Thursday, August 29th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Wednesday, August 21st. View DHT's Dividend History.

How were DHT's earnings last quarter?

DHT Holdings Inc (NYSE:DHT) issued its earnings results on Tuesday, August, 6th. The shipping company reported ($0.03) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.03). The shipping company earned $61.20 million during the quarter, compared to analyst estimates of $56.37 million. DHT had a positive return on equity of 1.10% and a negative net margin of 0.54%. The firm's revenue was up 77.9% compared to the same quarter last year. During the same quarter last year, the business earned ($0.20) earnings per share. View DHT's Earnings History.

When is DHT's next earnings date?

DHT is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for DHT.

What price target have analysts set for DHT?

6 Wall Street analysts have issued 1-year price targets for DHT's shares. Their forecasts range from $6.00 to $8.00. On average, they anticipate DHT's stock price to reach $7.00 in the next year. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Price Targets for DHT.

What is the consensus analysts' recommendation for DHT?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 1 hold rating and 5 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. Evercore ISI analysts commented, "We retain our Outperform rating and price target of $8 on DHT.  The promised (and hoped for) cycle is now arriving… Lost amid imploding equity and commodity markets over the last five days has been a meaningful improvement in VLCC spot rates, at a time of year when crude tanker markets are usually seasonally depressed. Indeed, according to Poten & Partners, the benchmark VLCC spot rate (Arabian East) now stands at a TCE of $26,300/day, up from $10,700/day one week ago. VLCC TCE rates from East are at $31,100/day today, up from $19,300/day one week ago. Furthermore, with many refineries only beginning to return from maintenance and newbuild deliveries set to slow in the remainder of the year, we believe this early move in VLCC spot rates is just the beginning of further strengthening into yearend." (8/8/2019)
  • 2. 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. " (7/23/2019)

Has DHT been receiving favorable news coverage?

News coverage about DHT stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. DHT earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for DHT.

Are investors shorting DHT?

DHT saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 5,339,900 shares, a drop of 13.5% from the July 31st total of 6,171,500 shares. Based on an average trading volume of 980,500 shares, the days-to-cover ratio is currently 5.4 days. Currently, 6.0% of the shares of the company are sold short. View DHT's Current Options Chain.

Who are some of DHT's key competitors?

What other stocks do shareholders of DHT own?

Who are DHT's key executives?

DHT's management team includes the folowing people:
  • Mr. Trygve Preben Munthe, Co-Chief Exec. Officer (Age 57)
  • Mr. Svein Moxnes Harfjeld, Co-Chief Exec. Officer (Age 55)
  • Ms. Laila C. Halvorsen, Chief Financial Officer (Age 44)
  • Mr. J. Stephen Eglin, Director of Chartering & Operations
  • Mr. Svenn Magne Edvardsen, Technical Director (Age 49)

Who are DHT's major shareholders?

DHT's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (4.94%), BlackRock Inc. (3.34%), Lansdowne Partners UK LLP (2.24%), Northern Trust Corp (1.93%), DNB Asset Management AS (1.11%) and Firefly Value Partners LP (0.93%).

Which institutional investors are selling DHT stock?

DHT stock was sold by a variety of institutional investors in the last quarter, including Invesco Ltd., Perritt Capital Management Inc., Wells Fargo & Company MN and BNP Paribas Arbitrage SA.

Which institutional investors are buying DHT stock?

DHT stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, DNB Asset Management AS, Nuveen Asset Management LLC, Deprince Race & Zollo Inc., Marshall Wace LLP, Acadian Asset Management LLC, Morgan Stanley and United Services Automobile Association.

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, Robinhood, Fidelity and Charles Schwab.

What is DHT's stock price today?

One share of DHT stock can currently be purchased for approximately $6.01.

How big of a company is DHT?

DHT has a market capitalization of $854.86 million and generates $375.94 million in revenue each year. The shipping company earns $-46,930,000.00 in net income (profit) each year or ($0.25) on an earnings per share basis. DHT employs 17 workers across the globe.View Additional Information About DHT.

What is DHT's official website?

The official website for DHT is http://www.dhtankers.com/.

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)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  438 (Vote Outperform)
Underperform Votes:  294 (Vote Underperform)
Total Votes:  732
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.
This page was last updated on 9/23/2019 by MarketBeat.com Staff

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