DHT - DHT Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DHT in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DHT shares.
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2 brokerages have issued 12 month price targets for DHT's shares. Their DHT share price forecasts range from $8.50 to $9.00. On average, they predict the company's stock price to reach $8.67 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price.
View analysts price targets for DHT or view top-rated stocks among Wall Street analysts.

DHT's stock was trading at $5.19 at the beginning of the year. Since then, DHT stock has increased by 50.9% and is now trading at $7.83.
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DHT saw a decline in short interest in July. As of July 31st, there was short interest totaling 6,170,000 shares, a decline of 15.9% from the July 15th total of 7,340,000 shares. Based on an average trading volume of 2,650,000 shares, the days-to-cover ratio is presently 2.3 days. Approximately 4.4% of the shares of the stock are sold short.
View DHT's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our DHT earnings forecast.

DHT Holdings, Inc. (NYSE:DHT) released its quarterly earnings results on Wednesday, August, 10th. The shipping company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of ($0.02) by $0.08. The shipping company earned $54.05 million during the quarter, compared to the consensus estimate of $50.57 million. DHT had a negative net margin of 9.86% and a negative trailing twelve-month return on equity of 4.88%. The firm's quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.09) earnings per share.

DHT declared a quarterly dividend on Wednesday, August 10th. Stockholders of record on Tuesday, August 23rd will be paid a dividend of $0.04 per share on Tuesday, August 30th. This represents a $0.16 dividend on an annualized basis and a yield of 2.04%. The ex-dividend date is Monday, August 22nd. This is an increase from the stock's previous quarterly dividend of $0.02.
Read our dividend analysis for DHT.

DHT (NYSE:DHT) pays an annual dividend of $0.08 per share and currently has a dividend yield of 1.03%.
Read our dividend analysis for DHT.

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), CNBX 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 a number of institutional and retail investors. Top institutional investors include FMR LLC (13.04%), Renaissance Technologies LLC (2.07%), Hosking Partners LLP (1.77%), JPMorgan Chase & Co. (1.42%), Northern Trust Corp (1.07%) and TCW Group Inc. (0.95%).

Shares of DHT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DHT stock can currently be purchased for approximately $7.83.

DHT (NYSE:DHT) has a market capitalization of $1.34 billion and generates $295.85 million in revenue each year. The shipping company earns $-11,520,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis.

DHT's mailing address is CLARENDON HOUSE 2 CHURCH STREET, HAMILTON D0, HM 11. The official website for the company is www.dhtankers.com. The shipping company can be reached via phone at (441) 295-1422, via email at wf@dhtankers.com, or via fax at 441-298-7800.