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 (WHO). 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) announced its quarterly earnings data on Tuesday, May, 5th. The shipping company reported $0.44 EPS for the quarter, missing the Zacks' 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 business's quarterly revenue was up 77.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.12 earnings per share. View DHT's earnings history.

DHT announced a quarterly dividend on Tuesday, May 5th. Investors 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 a boost 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 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.

4 brokerages have issued 12 month target prices for DHT's shares. Their forecasts range from $5.00 to $8.00. On average, they expect DHT's share price to reach $6.48 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price. View analysts' price targets for DHT.

Media coverage about DHT stock has been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. DHT earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company'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 daily 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 number of retail and institutional investors. Top institutional shareholders 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]