NYSE:DHTDHT Stock Price, Forecast & News

DHT's stock was trading at $6.05 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DHT stock has decreased by 11.6% and is now trading at $5.35. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 2 hold ratings and 2 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 Tuesday, August 4th 2020. View our earnings forecast for DHT.

DHT Holdings Inc (NYSE:DHT) released its quarterly earnings data on Tuesday, May, 5th. The shipping company reported $0.44 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.51 by $0.07. The shipping company earned $152.50 million during the quarter, compared to analysts' expectations of $141.86 million. DHT had a return on equity of 14.74% and a net margin of 20.84%. DHT's quarterly revenue was up 77.7% on a year-over-year basis. During the same period last year, the company posted $0.12 EPS. View DHT's earnings history.

DHT announced a quarterly dividend on Tuesday, May 5th. Shareholders of record on Tuesday, May 19th will be given a dividend of $0.35 per share on Tuesday, May 26th. This represents a $1.40 dividend on an annualized basis and a yield of 26.17%. The ex-dividend date is Monday, May 18th. This is an increase from DHT's previous quarterly dividend of $0.32. View DHT's dividend history.

DHT updated its second quarter 2020 After-Hours earnings guidance on Tuesday, May, 5th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $164.4-164.4 million, compared to the consensus revenue estimate of $183.9 million.

4 brokerages have issued 1 year price targets for DHT's stock. Their forecasts range from $5.00 to $8.00. On average, they anticipate DHT's stock price to reach $6.48 in the next year. This suggests a possible upside of 21.0% from the stock's current price. View analysts' price targets for DHT.

Media stories about DHT stock have trended positive this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. DHT earned a news sentiment score of 2.2 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news about DHT.

DHT saw a increase in short interest in June. As of June 30th, there was short interest totaling 14,440,000 shares, an increase of 5.2% from the June 15th total of 13,730,000 shares. Based on an average trading volume of 5,760,000 shares, the short-interest ratio is presently 2.5 days. Approximately 12.2% of the company's shares are short sold. View DHT's Current Options Chain.

Some companies that are related to DHT include SEASPAN CORP/SH SH (SSW), Euronav (EURN), Frontline (FRO), Ship Finance International (SFL), Scorpio Tankers (STNG), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), COSTAMARE INC/SH (CMRE), Seacor (CKH), Torm (TRMD), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Genco Shipping & Trading (GNK) and Teekay (TK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other DHT investors own include Western Asset Mortgage Capital (WMC), New Residential Investment (NRZ), NGL Energy Partners (NGL), Amplify Energy (AMPY), Amplify Energy (AMPY), Frontline (FRO), Washington Prime Group (WPG), Golar LNG Partners (GMLP), CBL & Associates Properties (CBL) and NY MTG TR INC/SH (NYMT).

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

DHT's stock is owned by a variety of retail and institutional investors. Top institutional investors include DNB Asset Management AS (0.05%).

DHT stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS.

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 $5.35.

DHT has a market capitalization of $788.70 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]