NYSE:DHT

DHT (DHT) Stock Price, News & Analysis

$11.63
-0.14 (-1.19%)
(As of 05/3/2024 ET)
Today's Range
$11.53
$11.81
50-Day Range
$10.69
$11.89
52-Week Range
$7.30
$11.95
Volume
1.68 million shs
Average Volume
1.21 million shs
Market Capitalization
$1.88 billion
P/E Ratio
11.75
Dividend Yield
7.57%
Price Target
$14.00

DHT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
20.4% Upside
$14.00 Price Target
Short Interest
Healthy
2.20% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-9.06
Upright™ Environmental Score
News Sentiment
0.16mentions of DHT in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-6.54%
From $1.53 to $1.43 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.

3.45 out of 5 stars

Transportation Sector

307th out of 678 stocks

Deep Sea Foreign Transportation Of Freight Industry

61st out of 156 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

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Company Calendar

Last Earnings
2/06/2024
Ex-Dividend for 2/28 Dividend
2/20/2024
Dividend Payable
2/28/2024
Today
5/05/2024
Next Earnings (Confirmed)
5/14/2024
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
$14.00
High Stock Price Target
$17.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+20.4%
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
$1.88 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 equities research analysts have issued "buy," "hold," and "sell" ratings for DHT in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities 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 Wall Street research analysts have issued 1-year price objectives for DHT's stock. Their DHT share price targets range from $11.00 to $17.00. On average, they predict the company's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 20.4% 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 the year. Since then, DHT shares have increased by 18.6% and is now trading at $11.63.
View the best growth stocks for 2024 here
.

Are investors shorting DHT?

DHT saw a decrease in short interest in the month of April. As of April 15th, there was short interest totaling 2,940,000 shares, a decrease of 11.2% from the March 31st total of 3,310,000 shares. Based on an average daily trading volume, of 1,680,000 shares, the short-interest ratio is currently 1.8 days. Approximately 2.2% 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 Tuesday, May 14th 2024.
View our DHT earnings forecast
.

How can I listen to DHT's earnings call?

DHT will be holding an earnings conference call on Wednesday, May 15th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were DHT's earnings last quarter?

DHT Holdings, Inc. (NYSE:DHT) announced its earnings results on Tuesday, February, 6th. The shipping company reported $0.22 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.22. The shipping company earned $94.50 million during the quarter, compared to analyst estimates of $95.78 million. DHT had a trailing twelve-month return on equity of 15.52% and a net margin of 28.78%. DHT's quarterly revenue was down 19.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.38 EPS.

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

DHT announced a quarterly dividend on Tuesday, February 6th. Shareholders of record on Wednesday, February 21st will be paid a dividend of $0.22 per share on Wednesday, February 28th. This represents a $0.88 annualized dividend and a yield of 7.57%. The ex-dividend date of this dividend is Tuesday, February 20th. This is an increase from the stock's previous quarterly dividend of $0.19.
Read our dividend analysis for DHT
.

Is DHT a good dividend stock?

DHT (NYSE:DHT) pays an annual dividend of $0.88 per share and currently has a dividend yield of 7.48%. 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 88.89%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DHT will have a dividend payout ratio of 61.54% next year. This indicates that the company will be able to sustain or increase its 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).

Who are DHT's major shareholders?

DHT's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Hosking Partners LLP (2.68%), Congress Asset Management Co. MA (0.26%), GoalVest Advisory LLC (0.06%), BNP Paribas Financial Markets (0.06%), Principal Financial Group Inc. (0.05%) and Harbour Capital Advisors LLC (0.04%).

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 5/5/2024 by MarketBeat.com Staff

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