DHT Holdings Company Profile (NYSE:DHT)

About DHT Holdings (NYSE:DHT)

DHT Holdings logoDHT Holdings, Inc. operates a fleet of crude oil tankers. As of March 21, 2017, the Company's fleet consisted of 21 crude oil tankers in operation. As of March 21, 2017, the Company's fleet consisted of 19 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt), and two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 dwt. As of December 31, 2016, the Company's fleet in operation had a combined carrying capacity of 6,087,095 dwt. As of March 21, 2017, the Company's VLCCs included DHT Ann, DHT Eagle, DHT Phoenix, DHT Hawk, DHT Condor, DHT Scandinavia, DHT China, DHT Amazon, DHT Redwood, DHT Sundarbans, DHT Taiga, DHT Leopard, DHT Lion, DHT Panther and DHT Puma. As of March 21, 2017, the Company's Aframaxes are DHT Cathy and DHT Sophie.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Sea-Borne Tankers
  • Sub-Industry: N/A
  • Symbol: NYSE:DHT
  • CUSIP: N/A
  • Web: www.dhtankers.com
Capitalization:
  • Market Cap: $392.68 million
  • Outstanding Shares: 94,622,000
Average Prices:
  • 50 Day Moving Avg: $4.14
  • 200 Day Moving Avg: $4.48
  • 52 Week Range: $3.29 - $5.47
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 11.53
  • P/E Growth: 4.44
Sales & Book Value:
  • Annual Revenue: $340.56 million
  • Price / Sales: 1.15
  • Book Value: $7.33 per share
  • Price / Book: 0.57
Dividend:
  • Annual Dividend: $0.32
  • Dividend Yield: 7.6%
Profitability:
  • EBIDTA: $182.02 million
  • Net Margins: -2.47%
  • Return on Equity: 10.84%
  • Return on Assets: 5.47%
Debt:
  • Debt-to-Equity Ratio: 0.89%
  • Current Ratio: 2.08%
  • Quick Ratio: 2.08%
Misc:
  • Average Volume: 1.02 million shs.
  • Beta: 1.14
  • Short Ratio: 4.96
 

Frequently Asked Questions for DHT Holdings (NYSE:DHT)

What is DHT Holdings' stock symbol?

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

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

DHT Holdings declared a quarterly dividend on Tuesday, May 9th. Stockholders of record on Monday, May 22nd will be paid a dividend of $0.08 per share on Wednesday, May 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.71%. The ex-dividend date is Thursday, May 18th. View DHT Holdings' Dividend History.

How were DHT Holdings' earnings last quarter?

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

Where is DHT Holdings' stock going? Where will DHT Holdings' stock price be in 2017?

6 brokerages have issued 1 year target prices for DHT Holdings' stock. Their forecasts range from $5.25 to $7.00. On average, they anticipate DHT Holdings' share price to reach $5.94 in the next year. View Analyst Ratings for DHT Holdings.

What are analysts saying about DHT Holdings stock?

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. " (7/12/2017)
  • 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)

Who are some of DHT Holdings' key competitors?

Who are DHT Holdings' key executives?

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

Who owns DHT Holdings stock?

DHT Holdings' stock is owned by many different of retail and institutional investors. Top institutional investors include FRONTLINE LTD / (10.20%), FRONTLINE LTD / (6.80%), FRONTLINE LTD / (5.70%), James Investment Research Inc. (0.33%), DnB Asset Management AS (0.08%) and Hollencrest Securities LLC (0.05%). View Institutional Ownership Trends for DHT Holdings.

Who sold DHT Holdings stock? Who is selling DHT Holdings stock?

DHT Holdings' stock was sold by a variety of institutional investors in the last quarter, including James Investment Research Inc. and DnB Asset Management AS. View Insider Buying and Selling for DHT Holdings.

Who bought DHT Holdings stock? Who is buying DHT Holdings stock?

DHT Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Hollencrest Securities LLC. View Insider Buying and Selling for DHT Holdings.

How do I buy DHT Holdings stock?

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.

What is DHT Holdings' stock price today?

One share of DHT Holdings stock can currently be purchased for approximately $4.15.


MarketBeat Community Rating for DHT Holdings (NYSE DHT)
Community Ranking:  2.7 out of 5 ( )
Outperform Votes:  145 (Vote Outperform)
Underperform Votes:  120 (Vote Underperform)
Total Votes:  265
MarketBeat's community ratings are surveys of what our community members think about DHT Holdings and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for DHT Holdings (NYSE:DHT) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 3 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $5.94 (43.07% upside)

Analysts' Ratings History for DHT Holdings (NYSE:DHT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/7/2017Stifel NicolausReiterated RatingHold$5.25LowView Rating Details
4/27/2017Maxim GroupSet Price TargetBuy$7.00LowView Rating Details
4/24/2017Jefferies Group LLCReiterated RatingBuy$6.00LowView Rating Details
11/3/2016Pareto SecuritiesUpgradeHold -> BuyN/AView Rating Details
9/26/2016Wells Fargo & CompanyInitiated CoverageMarket PerformN/AView Rating Details
8/25/2016Morgan StanleyDowngradeOverweight -> Equal Weight$7.00 -> $5.50N/AView Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuy$11.00 -> $8.50N/AView Rating Details
4/7/2016J P Morgan Chase & CoLower Price TargetNeutral$9.00 -> $8.00N/AView Rating Details
3/2/2016DanskeInitiated CoverageHold$6.00N/AView Rating Details
2/9/2016Clarkson CapitalReiterated RatingBuyN/AView Rating Details
11/9/2015EuroPacific CanadaReiterated RatingBuy$10.00 -> $11.00N/AView Rating Details
11/4/2015Eurobank EFGBoost Price TargetBuy$10.00 -> $11.00N/AView Rating Details
(Data available from 7/20/2015 forward)

Earnings

Earnings History for DHT Holdings (NYSE:DHT)
Earnings by Quarter for DHT Holdings (NYSE:DHT)
Earnings History by Quarter for DHT Holdings (NYSE DHT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
1/30/2017Q416$0.12$0.18$66.49 million$67.00 millionViewN/AView Earnings Details
11/1/2016Q3$0.04($0.81)$56.73 million$50.30 millionViewN/AView Earnings Details
8/9/2016Q216$0.30$0.34$82.44 million$83.20 millionViewN/AView Earnings Details
5/2/2016Q1$0.38$0.30$90.02 million$90.20 millionViewListenView Earnings Details
2/3/2016Q4$0.31$0.31$80.71 million$80.00 millionViewListenView Earnings Details
11/3/2015Q3$0.28$0.27$70.91 million$74.70 millionViewN/AView Earnings Details
7/28/2015Q2$0.19$0.24$70.85 million$68.10 millionViewListenView Earnings Details
4/28/2015Q115$0.22$0.25$84.56 million$73.50 millionViewN/AView Earnings Details
1/28/2015Q414$0.08$0.31$55.80 million$47.30 millionViewN/AView Earnings Details
11/27/2014($0.05)($0.10)ViewN/AView Earnings Details
11/10/2014Q3($0.05)($0.10)$25.70 million$21.80 millionViewListenView Earnings Details
8/27/2014Q2 14($0.15)($0.12)$10.07 million$14.50 millionViewListenView Earnings Details
4/29/2014Q1$0.02($0.01)$18.82 million$17.90 millionViewListenView Earnings Details
1/23/2014Q4($0.23)$0.04ViewListenView Earnings Details
7/23/2012$0.45$0.02ViewN/AView Earnings Details
7/14/2011$0.08$0.07ViewN/AView Earnings Details
4/18/2011$0.09$0.07ViewN/AView Earnings Details
1/13/2011$0.10$0.14ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for DHT Holdings (NYSE:DHT)
2017 EPS Consensus Estimate: $0.12
2018 EPS Consensus Estimate: $0.39
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.21$0.23$0.22
Q2 20172$0.01$0.03$0.02
Q3 20172($0.15)($0.07)($0.11)
Q4 20172($0.02)$0.00($0.01)
Q1 20181$0.04$0.04$0.04
Q2 20181$0.10$0.10$0.10
Q3 20181$0.12$0.12$0.12
Q4 20181$0.13$0.13$0.13
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for DHT Holdings (NYSE:DHT)
Most Recent Dividend:5/31/2017
Annual Dividend:$0.32
Dividend Yield:7.71%
Dividend Growth:107.00% (3 Year Average)
Payout Ratio:-228.57% (Trailing 12 Months of Earnings)
168.42% (Based on This Year's Estimates)
88.89% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for DHT Holdings (NYSE:DHT)

Dividend History by Quarter for DHT Holdings (NYSE DHT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/9/2017Quarterly$0.087.03%5/18/20175/22/20175/31/2017
1/31/2017quarterly$0.086.82%2/10/20172/14/20172/22/2017
11/2/2016quarterly$0.022.37%11/14/201611/16/201611/23/2016
8/10/2016quarterly$0.2317.9%8/22/20168/24/20168/31/2016
5/4/2016quarterly$0.2518.12%5/12/20165/16/20165/25/2016
2/3/2016quarterly$0.2114.41%2/11/20162/16/20162/24/2016
11/5/2015quarterly$0.189.77%11/13/201511/17/201511/25/2015
7/30/2015quarterly$0.157.3%8/10/20158/12/20158/20/2015
4/30/2015quarterly$0.157.5%5/11/20155/13/20155/22/2015
1/28/2015quarterly$0.052.71%2/6/20152/10/20152/19/2015
11/10/2014quarterly$0.021.28%11/18/201411/20/201411/26/2014
8/29/2014quarterly$0.021.14%9/5/20149/9/20149/17/2014
5/1/2014quarterly$0.021.03%5/12/20145/14/20145/22/2014
1/24/2014quarterly$0.020.99%2/4/20142/6/20142/13/2014
11/1/2013quarterly$0.021.48%11/8/201311/13/201311/21/2013
8/7/2013quarterly$0.021.88%8/15/20138/19/20138/28/2013
4/30/2013quarterly$0.021.86%5/10/20135/14/20135/23/2013
1/30/2013quarterly$0.021.71%2/7/20132/11/20132/19/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for DHT Holdings (NYSE:DHT)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for DHT Holdings (NYSE:DHT)
Latest Headlines for DHT Holdings (NYSE:DHT)
Source:
DateHeadline
americanbankingnews.com logo Brokerages Anticipate DHT Holdings, Inc. (NYSE:DHT) Will Announce Quarterly Sales of $60.26 Million
www.americanbankingnews.com - July 19 at 12:50 PM
americanbankingnews.com logoDHT Holdings, Inc. (NYSE:DHT) Expected to Post Earnings of $0.02 Per Share
www.americanbankingnews.com - July 17 at 10:30 PM
finance.yahoo.com logoNo ‘Sell’ Ratings for DHT Holdings
finance.yahoo.com - July 13 at 7:10 PM
americanbankingnews.com logoZacks Investment Research Lowers DHT Holdings, Inc. (DHT) to Sell
www.americanbankingnews.com - July 12 at 5:58 PM
americanbankingnews.com logoDHT Holdings, Inc. (DHT) Stock Rating Reaffirmed by Stifel Nicolaus
www.americanbankingnews.com - July 8 at 9:32 PM
globenewswire.com logoDHT Holdings, Inc. Announces Update to Capital Structure - GlobeNewswire (press release)
globenewswire.com - July 8 at 5:32 PM
reuters.com logoBRIEF-DHT Holdings repurchased total of $44.2 mln of notes at an average price of 94.5 pct
www.reuters.com - July 6 at 7:12 PM
feeds.benzinga.com logoDHT Holdings, Inc. Announces Update to Capital Structure
feeds.benzinga.com - July 6 at 5:38 PM
finance.yahoo.com logoNordic American Tankers Increased Its Share in NAO
finance.yahoo.com - July 5 at 6:34 PM
finance.yahoo.com logoDHT Holdings, Inc. Files Shelf Registration Statement on Form F-3
finance.yahoo.com - July 5 at 6:34 PM
finance.yahoo.com logoDHT Holdings, Inc. breached its 50 day moving average in a Bullish Manner : DHT-US : July 4, 2017
finance.yahoo.com - July 5 at 12:45 AM
americanbankingnews.com logoDHT Holdings, Inc. (DHT) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 3 at 10:40 PM
finance.yahoo.com logoHow Libya’s Growing Oil Production Impacting the Crude Tanker Industry
finance.yahoo.com - July 3 at 5:47 PM
reuters.com logoBRIEF-DHT Holdings says 47.7 mln common shares offered by the selling shareholder‍ s‍
www.reuters.com - June 30 at 6:00 PM
finance.yahoo.com logoWhat the Rise in Floating Storage Means for Crude Tankers
finance.yahoo.com - June 30 at 6:00 PM
nasdaq.com logoDHT Holdings, Inc. announces completion of delivery of all vessels ... - Nasdaq
www.nasdaq.com - June 27 at 4:59 PM
finance.yahoo.com logoDHT Holdings, Inc. announces completion of delivery of all vessels acquired from BW Group and transfer of two newbuilding contracts
finance.yahoo.com - June 27 at 4:59 PM
americanbankingnews.com logoDHT Holdings Inc (DHT) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - June 26 at 7:02 PM
finance.yahoo.com logoTanker firm Frontline drops DHT pursuit and steers away from deals
finance.yahoo.com - June 26 at 5:37 PM
finance.yahoo.com logoTanker firm Frontline says no longer pursuing DHT or other acquisitions
finance.yahoo.com - June 26 at 3:23 AM
americanbankingnews.com logoDHT Holdings, Inc. (DHT) Expected to Announce Quarterly Sales of $60.71 Million
www.americanbankingnews.com - June 23 at 2:04 PM
americanbankingnews.com logo Brokerages Anticipate DHT Holdings, Inc. (DHT) to Announce $0.02 EPS
www.americanbankingnews.com - June 21 at 6:10 PM
msn.com logoWhy Oil Prices May Plummet to Nearly $20 a Barrel in 2018
www.msn.com - June 21 at 6:04 PM
finance.yahoo.com logoETFs with exposure to DHT Holdings, Inc. : June 19, 2017
finance.yahoo.com - June 19 at 6:50 PM
feeds.benzinga.com logoDHT Holdings, Inc.: Frontline Lawsuit is Dismissed
feeds.benzinga.com - June 19 at 5:17 AM
finance.yahoo.com logoDHT Holdings, Inc. :DHT-US: Earnings Analysis: Q1, 2017 By the Numbers : June 16, 2017
finance.yahoo.com - June 16 at 5:28 PM
finance.yahoo.com logoCrude Oil Tanker Industry and China’s Economic Indicators for May
finance.yahoo.com - June 16 at 5:28 PM
feeds.benzinga.com logoDHT Holdings, Inc. receives strong support at its 2017 annual meeting of shareholders
feeds.benzinga.com - June 15 at 7:05 PM
seekingalpha.com logoFrontline's complaint against DHT-BW deal rejected by court - Seeking Alpha
seekingalpha.com - June 8 at 3:12 AM
americanbankingnews.com logoDHT Holdings Inc (DHT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - June 6 at 10:47 PM
americanbankingnews.com logoDHT Holdings Inc (DHT) Downgraded by ValuEngine to Hold
www.americanbankingnews.com - June 4 at 8:36 PM
finance.yahoo.com logoWhat Analysts Recommend for Crude Tankers in Week 21
finance.yahoo.com - June 1 at 5:23 PM
wsj.com logoNorway’s Frontline in Talks With Gener8 to Create World’s Biggest Tanker Fleet
www.wsj.com - May 31 at 9:38 AM
finance.yahoo.com logoFrontline Q1 profit misses forecast
finance.yahoo.com - May 30 at 11:42 AM
americanbankingnews.com logoDHT Holdings Inc (DHT) Expected to Announce Quarterly Sales of $60.71 Million
www.americanbankingnews.com - May 28 at 9:08 AM
americanbankingnews.com logo$0.02 EPS Expected for DHT Holdings Inc (DHT) This Quarter
www.americanbankingnews.com - May 26 at 2:18 PM
finance.yahoo.com logoAnalysts’ Recommendations for Crude Tankers in Week 20
finance.yahoo.com - May 25 at 6:34 PM
finance.yahoo.com logoDHT Holdings, Inc. : DHT-US: Dividend Analysis : May 22nd, 2017 (record date) : By the numbers : May 24, 2017
finance.yahoo.com - May 24 at 12:34 PM
nasdaq.com logoDHT Holdings, Inc. announces an adjustment to the conversion ... - Nasdaq
www.nasdaq.com - May 19 at 9:38 PM
nasdaq.com logoS&P 500 Movers: FL, ADSK - Presented by: The Aol. On Network
www.nasdaq.com - May 19 at 4:33 PM
feeds.benzinga.com logoDHT Holdings, Inc. announces an adjustment to the conversion price of its 4.5% Convertible Senior Notes due 2019
feeds.benzinga.com - May 19 at 11:55 AM
nasdaq.com logoDHT Holdings, Inc. (DHT) Ex-Dividend Date Scheduled for May 18, 2017 - Nasdaq
www.nasdaq.com - May 17 at 11:10 AM
streetinsider.com logoFrontline (FRO) Responds to Letter from DHT Holdings (DHT)
www.streetinsider.com - May 15 at 4:34 PM
feeds.benzinga.com logoFRO - Response from Frontline to the letter from the Board of DHT Holdings Inc. dated 7 May, 2017.
feeds.benzinga.com - May 15 at 9:29 AM
seekingalpha.com logoDHT Holdings' (DHT) CEO Svein Moxnes Harfjeld on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - May 14 at 4:47 PM
finance.yahoo.com logoEdited Transcript of DHT earnings conference call or presentation 9-May-17 2:00pm GMT
finance.yahoo.com - May 14 at 4:47 PM
nasdaq.com logoDHT Holdings, Inc. Highlights Proven Strategy and Continued Value Creation in Letter Mailed to Shareholders - Nasdaq
www.nasdaq.com - May 14 at 9:24 AM
americanbankingnews.com logoDHT Holdings Inc (DHT) Downgraded to "D+" at TheStreet
www.americanbankingnews.com - May 13 at 3:58 PM
americanbankingnews.com logoDHT Holdings Inc (DHT) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 12 at 10:41 PM
americanbankingnews.com logoDHT Holdings Inc Expected to Earn Q2 2017 Earnings of $0.01 Per Share (DHT)
www.americanbankingnews.com - May 12 at 10:20 AM

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DHT Holdings (DHT) Chart for Thursday, July, 20, 2017

This page was last updated on 7/20/2017 by MarketBeat.com Staff