NYSE:DHTDHT Stock Price, Forecast & News

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 stock has decreased by 1.8% and is now trading at $5.94. View which stocks have been most impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 3 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) posted its quarterly earnings results 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 had revenue of $152.50 million for the quarter, compared to analyst estimates of $141.86 million. DHT had a net margin of 20.84% and a return on equity of 14.74%. The company's revenue for the quarter was up 77.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.12 earnings per share. View DHT's earnings history.

DHT declared a quarterly dividend on Tuesday, May 5th. Stockholders 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 annualized dividend and a yield of 23.57%. The ex-dividend date is Monday, May 18th. This is a positive change from DHT's previous quarterly dividend of $0.32. View DHT's dividend history.

DHT issued an update on its second quarter 2020 After-Hours earnings guidance on Tuesday, May, 5th. The company provided earnings per share (EPS) 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.

3 brokerages have issued 12-month price targets for DHT's stock. Their forecasts range from $6.50 to $8.00. On average, they anticipate DHT's share price to reach $7.37 in the next year. This suggests a possible upside of 24.0% from the stock's current price. View analysts' price targets for DHT.

News stories about DHT stock have been trending negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. DHT earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutDHT.

DHT saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 7,880,000 shares, a drop of 11.0% from the April 30th total of 8,850,000 shares. Based on an average trading volume of 6,040,000 shares, the days-to-cover ratio is presently 1.3 days. Currently, 6.7% of the company's shares are sold short. View DHT's Current Options Chain.

Some companies that are related to DHT include Euronav (EURN), SEASPAN CORP/SH SH (SSW), Frontline (FRO), Ship Finance International (SFL), Scorpio Tankers (STNG), Torm (TRMD), COSTAMARE INC/SH (CMRE), Seacor (CKH), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Teekay (TK) and TSAKOS ENERGY N/SH (TNP). 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (4.08%), State Street Corp (1.35%), Phoenix Holdings Ltd. (1.17%), Odey Asset Management Group Ltd (1.13%), Arosa Capital Management LP (0.85%) and Armor Advisors L.L.C. (0.81%).

DHT stock was sold by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, DNB Asset Management AS, Canada Pension Plan Investment Board, Federated Hermes Inc., Morgan Stanley, Two Sigma Advisers LP, SG Americas Securities LLC, and GSA Capital Partners LLP.

DHT stock was purchased by a variety of institutional investors in the last quarter, including Armor Advisors L.L.C., BlackRock Inc., Arosa Capital Management LP, Odey Asset Management Group Ltd, Phoenix Holdings Ltd., Balyasny Asset Management LLC, JPMorgan Chase & Co., and State Street Corp.

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 $5.94.

DHT has a market capitalization of $872.10 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]