NYSE:DHT

DHT Stock Forecast, Price & News

$5.28

-0.07 (-1.31 %)

(As of 11/27/2020 12:00 AM ET)

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Today's Range

$5.27

Now: $5.28▼

$5.40

50-Day Range

$4.76

MA: $5.14▼

$5.60

52-Week Range

$4.52

Now: $5.28▼

$8.83

Volume1.92 million shs

Average Volume4.05 million shs

Market Capitalization$778.38 million

P/E Ratio2.60

Dividend Yield15.15%

Beta-0.19

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Oslo, and Norway. As of March 19, 2020, 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.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
DHT has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.42, DHT has a forecasted upside of 21.6% from its current price of $5.28.
Amount of Analyst Coverage
DHT has only been the subject of 2 research reports in the past 90 days.

3.1 Community Rank

Outperform Votes
DHT has received 538 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
DHT has received 332 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
DHT has received 61.84% “outperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Leadership
DHT is a leading dividend payer. It pays a dividend yield of 15.15%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
DHT does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of DHT is 140.35%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on EPS estimates, DHT will have a dividend payout ratio of 129.03% in the coming year. This indicates that DHT may not be able to sustain their current dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DHT insiders have not sold or bought any company stock.
Percentage Held by Institutions
52.82% of the stock of DHT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for DHT are expected to decrease by -68.04% in the coming year, from $1.94 to $0.62 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DHT is 2.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.87.
Price to Earnings Ratio vs. Sector
The P/E ratio of DHT is 2.60, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 19.04.
Price to Book Value per Share Ratio
DHT has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.96 out of 5 stars

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

CIK1331284

Webwww.dhtankers.com

Phone1-441-299-4912

Employees17

Debt

Debt-to-Equity Ratio0.42

Current Ratio2.74

Quick Ratio2.51

Price-To-Earnings

Trailing P/E Ratio2.60

Forward P/E Ratio2.72

P/E GrowthN/A

Sales & Book Value

Annual Sales$535.07 million

Price / Sales1.45

Cash Flow$1.30 per share

Price / Cash Flow4.06

Book Value$7.70 per share

Price / Book0.69

Profitability

EPS (Most Recent Fiscal Year)$0.57

Net Income$73.68 million

Net Margins42.24%

Return on Equity32.82%

Return on Assets18.74%

Miscellaneous

Outstanding Shares147,421,000

Market Cap$778.38 million

Next Earnings Date2/3/2021 (Estimated)

OptionableOptionable

$5.28

-0.07 (-1.31 %)

(As of 11/27/2020 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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DHT (NYSE:DHT) Frequently Asked Questions

How has DHT's stock been impacted by COVID-19?

DHT's stock was trading at $6.05 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DHT shares have decreased by 12.7% and is now trading at $5.28.
View which stocks have been most impacted by COVID-19.

Do Wall Street analysts recommend investors buy shares of DHT?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for DHT or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than DHT?

Wall Street analysts have given DHT a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but DHT wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is DHT's next earnings date?

DHT is scheduled to release its next quarterly earnings announcement on Wednesday, February 3rd 2021.
View our earnings forecast for DHT.

How were DHT's earnings last quarter?

DHT Holdings, Inc. (NYSE:DHT) posted its earnings results on Monday, August, 10th. The shipping company reported $0.81 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.84 by $0.03. The shipping company had revenue of $202.70 million for the quarter, compared to analysts' expectations of $199.23 million. DHT had a return on equity of 32.82% and a net margin of 42.24%. DHT's quarterly revenue was up 231.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.07) EPS.
View DHT's earnings history.

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

DHT announced a quarterly dividend on Monday, November 9th. Shareholders of record on Wednesday, November 18th will be given a dividend of $0.20 per share on Wednesday, November 25th. This represents a $0.80 dividend on an annualized basis and a yield of 15.15%. The ex-dividend date is Tuesday, November 17th.
View DHT's dividend history.

What price target have analysts set for DHT?

6 equities research analysts have issued twelve-month target prices for DHT's shares. Their forecasts range from $5.00 to $7.70. On average, they anticipate DHT's share price to reach $6.42 in the next twelve months. This suggests a possible upside of 21.6% from the stock's current price.
View analysts' price targets for DHT.

Who are some of DHT's key competitors?

Some companies that are related to DHT include Atlas (ATCO), Euronav (EURN), Frontline (FRO), Costamare (CMRE), SFL (SFL), Seacor (CKH), Pacific Basin Shipping (PCFBY), Star Bulk Carriers (SBLK), Scorpio Tankers (STNG), Dorian LPG (LPG), TORM (TRMD), Navigator (NVGS), Danaos (DAC), Genco Shipping & Trading (GNK) and Teekay (TK).
View all competitors.

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), Cannabics Pharmaceuticals (CNBX), Matinas BioPharma (MTNB) and OrganiGram (OGI).

Who are DHT's key executives?

DHT's management team includes the following people:

Mr. Trygve Preben Munthe, Co-Chief Exec. Officer (Age 58, Pay $1.93M)
Mr. Svein Moxnes Harfjeld, Co-Chief Exec. Officer (Age 56, Pay $1.93M)
Ms. Laila C. Halvorsen, Chief Financial Officer (Age 45)
Mr. J. Stephen Eglin, Director of Chartering & Operations
Mr. Svenn Magne Edvardsen, Technical Director (Age 50)
Wilhelm Flinder, Mang. of Investor Relations & Bus. Analysis
Donald J. Puglisi, Managing Director of Puglisi & Associates

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 BlackRock Inc. (3.86%), Hosking Partners LLP (2.46%), Arrowstreet Capital Limited Partnership (1.76%), State Street Corp (1.32%), TCW Group Inc. (1.01%) and Foundry Partners LLC (0.79%).

Which major investors are selling DHT stock?

DHT stock was sold by a variety of institutional investors in the last quarter, including Graham Capital Management L.P., Wells Fargo & Company MN, Arrowstreet Capital Limited Partnership, TCW Group Inc., State Street Corp, Globeflex Capital L P, Bowling Portfolio Management LLC, and AQR Capital Management LLC.

Which major investors are buying DHT stock?

DHT stock was bought by a variety of institutional investors in the last quarter, including Foundry Partners LLC, First Trust Advisors LP, JPMorgan Chase & Co., O Shaughnessy Asset Management LLC, Squarepoint Ops LLC, Hosking Partners LLP, AXA S.A., and Cubist Systematic Strategies LLC.

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 $5.28.

How big of a company is DHT?

DHT has a market capitalization of $778.38 million and generates $535.07 million in revenue each year. The shipping company earns $73.68 million in net income (profit) each year or $0.57 on an earnings per share basis. DHT employs 17 workers across the globe.

What is DHT's official website?

The official website for DHT is 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 1-441-299-4912 or via email at [email protected]

This page was last updated on 11/30/2020 by MarketBeat.com Staff

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