DHT Stock Forecast, Price & News

DHT's stock was trading at $6.05 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DHT shares have decreased by 21.3% and is now trading at $4.76.
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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.

DHT is scheduled to release its next quarterly earnings announcement on Monday, November 9th 2020.
View our earnings forecast for DHT.

DHT will be holding an earnings conference call on Monday, November 9th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

DHT Holdings Inc (NYSE:DHT) issued its quarterly earnings data 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 earned $202.70 million during the quarter, compared to analysts' expectations of $199.23 million. DHT had a net margin of 36.38% and a return on equity of 28.92%. The firm's revenue for the quarter was up 231.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.07) EPS.
View DHT's earnings history.

DHT announced a quarterly dividend on Wednesday, August 12th. Investors of record on Wednesday, August 26th will be paid a dividend of $0.48 per share on Wednesday, September 2nd. This represents a $1.92 annualized dividend and a dividend yield of 40.34%. The ex-dividend date of this dividend is Tuesday, August 25th. This is an increase from DHT's previous quarterly dividend of $0.35.
View DHT's dividend history.

DHT issued an update on its third quarter 2020 After-Hours earnings guidance on Monday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $92.7-92.7 million, compared to the consensus revenue estimate of $112.94 million.

6 analysts have issued twelve-month price objectives for DHT's stock. Their forecasts range from $5.00 to $7.70. On average, they expect DHT's share price to reach $6.42 in the next year. This suggests a possible upside of 34.9% from the stock's current price.
View analysts' price targets for DHT.

DHT saw a decrease in short interest in September. As of September 15th, there was short interest totaling 8,430,000 shares, a decrease of 9.7% from the August 31st total of 9,340,000 shares. Based on an average daily volume of 3,060,000 shares, the short-interest ratio is currently 2.8 days.
View DHT's Short Interest.

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

DHT trades on the New York Stock Exchange (NYSE) under the ticker symbol "DHT."

DHT's stock is owned by many different institutional and retail investors. Top institutional shareholders include Foundry Partners LLC (0.79%), LSV Asset Management (0.52%), DAVENPORT & Co LLC (0.06%), Bowling Portfolio Management LLC (0.03%), Avantax Advisory Services Inc. (0.01%) and Insight 2811 Inc. (0.01%).

DHT stock was sold by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC, and Insight 2811 Inc..

DHT stock was acquired by a variety of institutional investors in the last quarter, including Foundry Partners LLC, LSV Asset Management, Avantax Advisory Services Inc., DORCHESTER WEALTH MANAGEMENT Co, Ritholtz Wealth Management, and DAVENPORT & Co LLC.

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.

One share of DHT stock can currently be purchased for approximately $4.76.

DHT has a market capitalization of $701.72 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.

The official website for DHT is www.dhtankers.com.

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]