NYSE:DHT

DHT (DHT) Stock Price, News & Analysis

$12.49
-0.15 (-1.19%)
(As of 05/17/2024 ET)
Today's Range
$12.41
$12.67
50-Day Range
$10.81
$12.64
52-Week Range
$7.60
$12.67
Volume
1.41 million shs
Average Volume
1.68 million shs
Market Capitalization
$2.01 billion
P/E Ratio
11.90
Dividend Yield
9.29%
Price Target
$14.33

DHT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
14.8% Upside
$14.33 Price Target
Short Interest
Healthy
2.35% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-9.06
Upright™ Environmental Score
News Sentiment
0.08mentions of DHT in the last 14 days
Based on 18 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-7.89%
From $1.52 to $1.40 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.67 out of 5 stars

Transportation Sector

62nd out of 115 stocks

Deep Sea Foreign Transportation Of Freight Industry

15th out of 27 stocks

DHT stock logo

About DHT Stock (NYSE:DHT)

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. The company also offers technical management services. As of March 15, 2024, it had a fleet of 24 very large crude carriers. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.

DHT Stock Price History

DHT Stock News Headlines

DHT (NYSE:DHT) Rating Reiterated by Stifel Nicolaus
DHT Holdings Q1 Earnings and Revenues Lag Estimates
DHT Holdings, Inc. First Quarter 2024 Results
DHT (DHT) Set to Announce Quarterly Earnings on Tuesday
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See More Headlines
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Company Calendar

Ex-Dividend for 2/28 Dividend
2/20/2024
Dividend Payable
2/28/2024
Last Earnings
5/14/2024
Today
5/18/2024
Ex-Dividend for 5/31 Dividend
5/23/2024
Dividend Payable
5/31/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
1,212
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$14.33
High Stock Price Target
$17.00
Low Stock Price Target
$12.00
Potential Upside/Downside
+14.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$161.35 million
Pretax Margin
28.91%

Debt

Sales & Book Value

Annual Sales
$560.56 million
Cash Flow
$1.66 per share
Book Value
$6.34 per share

Miscellaneous

Free Float
158,748,000
Market Cap
$2.02 billion
Optionable
Optionable
Beta
-0.34
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DHT Stock Analysis - Frequently Asked Questions

Should I buy or sell DHT stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DHT in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" DHT shares.
View DHT analyst ratings
or view top-rated stocks.

What is DHT's stock price target for 2024?

3 brokers have issued 1-year target prices for DHT's stock. Their DHT share price targets range from $12.00 to $17.00. On average, they expect the company's stock price to reach $14.33 in the next year. This suggests a possible upside of 14.8% 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 2024?

DHT's stock was trading at $9.81 at the beginning of 2024. Since then, DHT shares have increased by 27.3% and is now trading at $12.49.
View the best growth stocks for 2024 here
.

Are investors shorting DHT?

DHT saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 3,180,000 shares, an increase of 8.2% from the April 15th total of 2,940,000 shares. Based on an average daily trading volume, of 1,620,000 shares, the short-interest ratio is presently 2.0 days. Currently, 2.4% of the shares of the stock 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 Tuesday, August 13th 2024.
View our DHT earnings forecast
.

How were DHT's earnings last quarter?

DHT Holdings, Inc. (NYSE:DHT) announced its earnings results on Tuesday, May, 14th. The shipping company reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.02. The shipping company earned $106.30 million during the quarter, compared to analysts' expectations of $106.87 million. DHT had a trailing twelve-month return on equity of 16.36% and a net margin of 29.58%. The company's quarterly revenue was up 13.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.23 earnings per share.

How often does DHT pay dividends? What is the dividend yield for DHT?

DHT declared a quarterly dividend on Tuesday, May 14th. Stockholders of record on Friday, May 24th will be paid a dividend of $0.29 per share on Friday, May 31st. This represents a $1.16 dividend on an annualized basis and a yield of 9.29%. The ex-dividend date is Thursday, May 23rd. This is an increase from the stock's previous quarterly dividend of $0.22.
Read our dividend analysis for DHT
.

Is DHT a good dividend stock?

DHT (NYSE:DHT) pays an annual dividend of $1.16 per share and currently has a dividend yield of 6.96%. DHT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 110.48%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, DHT will have a dividend payout ratio of 82.86% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DHT.

What ETFs hold DHT's stock?

ETFs with the largest weight of DHT (NYSE:DHT) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ) and SonicShares Global Shipping ETF (BOAT).Roundhill Acquirers Deep Value ETF (DEEP).

What other stocks do shareholders of DHT own?
Who are DHT's major shareholders?

DHT's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Hosking Partners LLP (2.68%), Acadian Asset Management LLC (1.46%), M&G Plc (0.85%), LSV Asset Management (0.74%), Vanguard Group Inc. (0.62%) and Russell Investments Group Ltd. (0.38%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:DHT) was last updated on 5/18/2024 by MarketBeat.com Staff

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