NYSE:DHT

DHT - DHT Stock Forecast, Price & News

$9.72

-0.52 (-5.08%)

(As of 11/28/2022 12:00 AM ET)

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Today's Range: $9.68
▼
$10.10
50-Day Range: $7.31
▼
$10.58
52-Week Range: $4.55
▼
$10.64

Volume: 2.62 million shs
Average Volume: 2.55 million shs
Market Capitalization: $1.66 billion

P/E Ratio: N/A
Dividend Yield: 1.56%
Price Target: $9.75

DHT MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 0.3% Upside
$9.75 Price Target
Short Interest: Healthy
3.74% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -8.91
Upright™ Environmental Score
News Sentiment: 0.08
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 425.00%
From $0.20 to $1.05 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.60 out of 5 stars

Transportation Sector

104th out of 121 stocks

Deep Sea Foreign Transportation Of Freight Industry

28th out of 29 stocks

1.5

Analyst's Opinion

Consensus Rating
DHT has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.75, DHT has a forecasted upside of 0.3% from its current price of $9.72.
Amount of Analyst Coverage
DHT has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.74% of the float of DHT has been sold short.
Short Interest Ratio / Days to Cover
DHT has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in DHT has recently increased by 21.45%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
DHT pays a meaningful dividend of 1.56%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
DHT has only been increasing its dividend for 1 years.
Dividend Sustainability
Based on earnings estimates, DHT will have a dividend payout ratio of 15.24% next year. This indicates that DHT will be able to sustain or increase its dividend.

0.0

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
DHT has received a -157.19% net impact score from Upright. The largest negative impact of DHT in category "GHG emissions" is driven by its "Oil trade" and "Heavy fuel oil ship freight transport services for crude oil" products. See details.
Environmental Sustainability
The Environmental Impact score for DHT is -8.91.

2.3

News and Social Media Coverage

News Sentiment
DHT has a news sentiment score of 0.08. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for DHT this week, compared to 3 articles on an average week.
Search Interest
13 people have searched for DHT on MarketBeat in the last 30 days. This is an increase of 1,200% compared to the previous 30 days.
MarketBeat Follows
11 people have added DHT to their MarketBeat watchlist in the last 30 days. This is an increase of 175% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, DHT insiders have not sold or bought any company stock.
Percentage Held by Institutions
53.58% of the stock of DHT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for DHT are expected to grow by 425.00% in the coming year, from $0.20 to $1.05 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DHT is -485.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of DHT is -485.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
DHT has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About DHT (NYSE:DHT) Stock

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. As of March 17, 2022, it had a fleet of 26 very large crude carriers with a capacity of 8,043,657 deadweight tons. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.

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DHT Stock News Headlines

November 25, 2022 | seekingalpha.com

DHT Holdings: On Very Solid Footing With Higher Earnings And Dividends To Come

November 19, 2022 | americanbankingnews.com

DHT (NYSE:DHT) Trading Up 3.3%

November 8, 2022 | finance.yahoo.com

DHT Holdings, Inc. Third Quarter 2022 Results

November 8, 2022 | finance.yahoo.com

DHT Holdings (DHT) Misses Q3 Earnings and Revenue Estimates

October 31, 2022 | finance.yahoo.com

DHT Holdings, Inc. to announce third quarter 2022 results on Monday November 7, 2022

October 28, 2022 | finance.yahoo.com

Here's What Could Help DHT Holdings (DHT) Maintain Its Recent Price Strength

October 25, 2022 | benzinga.com

Global and China Hybrid Electric Vehicle Market Report 2022-2027 Featuring 7 Hybrid Vehicle Technology Suppliers and 14 Hybrid Vehicle OEMs

October 25, 2022 | finance.yahoo.com

DHT Holdings (DHT) to Report Q3 Results: Wall Street Expects Earnings Growth

October 17, 2022 | streetinsider.com

Great Wall Motors Launches Two New Models at Paris Motor Show - StreetInsider.com

October 17, 2022 | nasdaq.com

DHT Holdings (NYSE:DHT) Is Making Moderate Use Of Debt

October 16, 2022 | cnbc.com

Top Wall Street analysts say buy these stocks to protect against market uncertainty - CNBC

October 16, 2022 | nasdaq.com

DHT Holdings (NYSE:DHT) Is Making Moderate Use Of Debt - Nasdaq

October 11, 2022 | finance.yahoo.com

Global and China Hybrid Electric Vehicle Market Research Report 2022-2027: OEMs have Mass-Produced a New Generation of DHE + DHT + Integrated Electric Drive Hybrid Architecture - Yahoo Finance

October 10, 2022 | cnet.com

Bose Smart Soundbar 600 Takes on Sonos Beam for Atmos Playback - CNET

October 10, 2022 | cnet.com

Bose Soundbar 600 Takes on Sonos Beam for Atmos Compatibility - CNET

October 10, 2022 | finance.yahoo.com

With 56% ownership of the shares, DHT Holdings, Inc. (NYSE:DHT) is heavily dominated by institutional owners

October 7, 2022 | seekingalpha.com

Ride The Energy Bull With TC Energy And DHT Holdings (NYSE:DHT) - Seeking Alpha

October 6, 2022 | kelownacapnews.com

Gorilla Flow Reviews – Safe Supplement or Scam? – Kelowna Capital News - Kelowna Capital News

October 5, 2022 | finance.yahoo.com

DRI Healthcare Trust Announces Acquisition of a Royalty Interest in the Worldwide Sales of Omidria® for Intracameral Use During Cataract Surgery or Intraocular Lens Replacement - Yahoo Finance

October 2, 2022 | bizjournals.com

The Creators: Bucks County firm launches new direct-to-consumer skincare line - The Business Journals

September 29, 2022 | uk.finance.yahoo.com

DHT Holdings, Inc. (DHT)

September 27, 2022 | seekingalpha.com

SFL Corporation: Great Company To Own At A Lower Price - Seeking Alpha

September 20, 2022 | finance.yahoo.com

DHT Holdings (DHT) Stock Jumps 6.3%: Will It Continue to Soar?

September 15, 2022 | nasdaq.com

DHT Holdings Inc Shares Climb 1.8% Past Previous 52-Week High - Market Mover - Nasdaq

September 13, 2022 | businesswire.com

China Percutaneous Coronary Interventions Market Landscape Report 2022: Procedure and Technology Trends, Brand Perception, Competitive Intelligence and Future Outlook - ResearchAndMarkets.com - Business Wire

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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DHT Company Calendar

Last Earnings: 2/07/2021
Ex-Dividend for 8/30 Dividend: 8/22/2022
Dividend Payable: 8/30/2022
Ex-Dividend for 11/29 Dividend: 11/21/2022
Today: 11/28/2022
Dividend Payable: 11/29/2022
Fiscal Year End: 12/31/2022
Next Earnings (Estimated): 2/06/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Deep sea foreign transportation of freight
Sub-Industry: N/A
Sector: Transportation
Current Symbol: NYSE:DHT
CUSIP: N/A
CIK: 1331284
Web: www.dhtankers.com
Phone: (441) 295-1422
Fax: 441-298-7800
Employees: 18
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $9.75
High Stock Price Forecast: $11.00
Low Stock Price Forecast: $8.50
Forecasted Upside/Downside: +0.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.02)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 48.60
P/E Growth: N/A
Net Income: $-11,520,000.00
Net Margins: -0.92%
Pretax Margin: -0.57%
Return on Equity: -2.01%
Return on Assets: -1.34%

Debt

Debt-to-Equity Ratio: 0.37
Current Ratio: 2.51
Quick Ratio: 1.97

Sales & Book Value

Annual Sales: $295.85 million
Price / Sales: 5.61
Cash Flow: $0.50 per share
Price / Cash Flow: 19.54
Book Value: $6.13 per share
Price / Book: 1.59

Miscellaneous

Outstanding Shares: 170,798,000
Free Float: N/A
Market Cap: $1.66 billion
Optionable: Optionable
Beta: -0.19

Key Executives

Mr. Svein Moxnes Harfjeld (Age 58)
Pres & CEO
Comp: $1.93M

Ms. Laila C. Halvorsen (Age 47)
Chief Financial Officer

Mr. J. Stephen Eglin
Director of Chartering & Operations

Mr. Svenn Magne Edvardsen (Age 52)
Technical Director

Mr. Wilhelm Flinder
Mang. of Investor Relations & Bus. Analysis

Donald J. Puglisi
Managing Director of Puglisi & Associates

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DHT Stock - Frequently Asked Questions

Should I buy or sell DHT stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DHT shares.
View DHT analyst ratings or view top-rated stocks.
What is DHT's stock price forecast for 2023?: 1 analysts have issued 1 year target prices for DHT's shares. Their DHT share price forecasts range from $8.50 to $11.00. On average, they predict the company's stock price to reach $9.75 in the next year. This suggests a possible upside of 0.3% from the stock's current price.
View analysts price targets for DHT or view top-rated stocks among Wall Street analysts.
How have DHT shares performed in 2022?: DHT's stock was trading at $5.19 at the beginning of the year. Since then, DHT stock has increased by 87.3% and is now trading at $9.72.
View the best growth stocks for 2022 here.
Are investors shorting DHT?: DHT saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 5,040,000 shares, an increase of 21.4% from the October 31st total of 4,150,000 shares. Based on an average daily trading volume, of 2,610,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 3.7% of the shares of the company are short sold.
View DHT's Short Interest.
When is DHT's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, February 6th 2023.
View our DHT earnings forecast.
How were DHT's earnings last quarter?: DHT Holdings, Inc. (NYSE:DHT) released its quarterly earnings results on Sunday, February, 7th. The shipping company reported $0.07 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.12 by $0.05. The shipping company had revenue of $77.70 million for the quarter, compared to the consensus estimate of $85.17 million. DHT had a negative trailing twelve-month return on equity of 2.01% and a negative net margin of 0.92%. DHT's revenue was down 45.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.47 earnings per share.

How often does DHT pay dividends? What is the dividend yield for DHT?: DHT announced a quarterly dividend on Monday, November 7th. Investors of record on Tuesday, November 22nd will be given a dividend of $0.04 per share on Tuesday, November 29th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date is Monday, November 21st.
Read our dividend analysis for DHT.
Is DHT a good dividend stock?: DHT (NYSE:DHT) pays an annual dividend of $0.16 per share and currently has a dividend yield of 1.56%.
Read our dividend analysis for DHT.
What other stocks do shareholders of DHT own?: 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).
What is DHT's stock symbol?: DHT trades on the New York Stock Exchange (NYSE) under the ticker symbol "DHT."
Who are DHT's major shareholders?: DHT's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.24%), BlackRock Inc. (4.44%), Renaissance Technologies LLC (1.84%), State Street Corp (1.27%), Two Sigma Investments LP (0.90%) and Privium Fund Management UK Ltd (0.88%).
How do I buy shares of DHT?: 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.
Compare Top Brokerages Here.
What is DHT's stock price today?: One share of DHT stock can currently be purchased for approximately $9.72.
How much money does DHT make?: DHT (NYSE:DHT) has a market capitalization of $1.66 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 ($0.02) on an earnings per share basis.
How can I contact DHT?: 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.

This page (NYSE:DHT) was last updated on 11/28/2022 by MarketBeat.com Staff

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DHT - DHT Stock Forecast, Price & News

DHT MarketRank™ Forecast

Overall MarketRank™