Should I buy or sell DHT stock right now?

3 Wall Street 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 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 equities research analysts have issued twelve-month target prices for DHT's shares. Their DHT share price targets range from $11.00 to $17.00. On average, they predict the company's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 24.1% 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 start of the year. Since then, DHT stock has increased by 15.0% and is now trading at $11.28. View the best growth stocks for 2024 here .

Are investors shorting DHT?

DHT saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 3,310,000 shares, a decline of 5.7% from the March 15th total of 3,510,000 shares. Based on an average daily volume of 1,890,000 shares, the short-interest ratio is presently 1.8 days. Currently, 2.5% of the company's shares are sold short. View DHT's Short Interest .

When is DHT's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024. View our DHT earnings forecast .

How were DHT's earnings last quarter?

DHT Holdings, Inc. (NYSE:DHT) issued its earnings results on Tuesday, February, 6th. The shipping company reported $0.22 EPS for the quarter, meeting analysts' consensus estimates of $0.22. The shipping company earned $94.50 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous 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. Stockholders 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 dividend yield of 7.80%. The ex-dividend date is Tuesday, February 20th. This is a boost 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 7.79%. 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 63.77% 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) . SonicShares Global Shipping ETF (BOAT) .

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) .

Who are DHT's major shareholders?

DHT's stock is owned by many different retail and institutional investors. Top institutional shareholders include Congress Asset Management Co. MA (0.26%), GoalVest Advisory LLC (0.06%), Harbour Capital Advisors LLC (0.04%) and International Assets Investment Management 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 .

NYSE:DHT

DHT (DHT) Stock Price, News & Analysis

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$11.28

+0.03 (+0.27%)

(As of 04/17/2024 ET)

Compare

Today's Range: $11.23
▼
$11.41
50-Day Range: $10.69
▼
$11.89
52-Week Range: $7.30
▼
$11.95

Volume: 1.01 million shs
Average Volume: 1.87 million shs
Market Capitalization: $1.82 billion

P/E Ratio: 11.39
Dividend Yield: 7.80%
Price Target: $14.00

Get DHT alerts:

DHT MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 24.1% Upside
$14.00 Price Target
Short Interest: Healthy
2.48% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -9.06
Upright™ Environmental Score
News Sentiment: 0.72
Based on 10 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: -9.80%
From $1.53 to $1.38 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.

3.59 out of 5 stars

Transportation Sector

50th out of 108 stocks

Deep Sea Foreign Transportation Of Freight Industry

10th out of 26 stocks

2.3

Analyst's Opinion

Consensus Rating
DHT has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
DHT has only been the subject of 2 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
2.48% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in DHT has recently decreased by 5.70%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Leadership
DHT is a leading dividend payer. It pays a dividend yield of 7.79%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
DHT has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of DHT is 88.89%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, DHT will have a dividend payout ratio of 63.77% 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 -162.40% 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 -9.06.

3.2

News and Social Media Coverage

News Sentiment
DHT has a news sentiment score of 0.72. 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 higher news sentiment than the 0.49 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 10 news articles for DHT this week, compared to 5 articles on an average week.
Search Interest
Only 14 people have searched for DHT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
13 people have added DHT to their MarketBeat watchlist in the last 30 days. This is an increase of 117% 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
58.53% of the stock of DHT is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for DHT are expected to decrease by -9.80% in the coming year, from $1.53 to $1.38 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of DHT is 11.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of DHT is 11.39, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 16.97.
Price to Book Value per Share Ratio
DHT has a P/B Ratio of 1.78. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

DHT Stock News Headlines

April 18, 2024 | markets.businessinsider.com

Kepler Capital Sticks to Its Buy Rating for Frontline (FRO)

April 17, 2024 | finance.yahoo.com

Investors in DHT Holdings (NYSE:DHT) have seen impressive returns of 233% over the past five years

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April 15, 2024 | finance.yahoo.com

DRI Healthcare Trust Announces Refinancing of Preferred Securities

April 13, 2024 | americanbankingnews.com

DHT (NYSE:DHT) Shares Gap Up to $11.39

April 11, 2024 | finance.yahoo.com

Abra Kadabra Hair & Healing: Transformative Solutions for Hair Growth and Holistic Well-Being

April 11, 2024 | msn.com

3 Top Causes of a Receding Hairline—and Expert Advice on How to Treat Each

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April 11, 2024 | msn.com

Doctors Share 7 Highly-Processed Foods That Can Cause Hair Fallout: Red Meat, Large Sea Fish And More

April 11, 2024 | globenewswire.com

DHT Holdings, Inc. Business Update

April 9, 2024 | msn.com

My Hair Part is Getting Wider. Is it Hair Loss?

April 8, 2024 | msn.com

DHT Holdings (NYSE:DHT) Offers Investors Attractive Growth and a High Dividend Yield

April 8, 2024 | msn.com

Regain Your Confidence: Top 5 Hair Loss Solutions For The Modern Indian Man

April 8, 2024 | msn.com

What Is DHT? DHT & Hair Loss Explained

April 8, 2024 | seekingalpha.com

We Have Increased Our Stake In DHT Holdings

April 7, 2024 | msn.com

Is Minoxidil Safe for Treating Women's Hair Loss?

April 7, 2024 | msn.com

15 Best Shampoos for Thinning Hair, Tested and Reviewed

April 3, 2024 | msn.com

Sleek haircuts for balding men to look great and boost confidence

April 2, 2024 | msn.com

What Causes Hair Loss in Older Women (& How to Treat It)

April 2, 2024 | msn.com

The Truth About TRT and Male Pattern Baldness, According to a Urologist

April 2, 2024 | msn.com

If You Rock a Hat Every Day of the Week, This Is What's Happening to Your Hair

April 2, 2024 | msn.com

A Urologist Explains the Link Between TRT and Male Pattern Baldness

April 2, 2024 | bloomberg.com

DHT Tide Rises with the Crude Tanker Rate Cycle: Talking Transports

April 1, 2024 | yahoo.com

2 Damaging Shampoo Ingredients To Watch Out For If You Suffer From Excessive Shedding, According To Experts

April 1, 2024 | msn.com

Rewind: new B&W speakers, an unexpected update to LG OLED TVs, affordable Dolby Atmos and more

March 31, 2024 | msn.com

Best peptide serums for hair: 5 top picks to reduce breakage

See More 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: 4/17/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Transportation
Industry: Deep sea foreign transportation of freight
Sub-Industry: N/A
Current Symbol: NYSE:DHT
CUSIP: N/A
CIK: 1331284
Web: www.dhtankers.com
Phone: (441) 295-1422
Fax: 441-298-7800
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: +24.1%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.99
Trailing P/E Ratio: 11.39
Forward P/E Ratio: 7.37
P/E Growth: N/A
Net Income: $161.35 million
Net Margins: 28.78%
Pretax Margin: 28.91%
Return on Equity: 15.52%
Return on Assets: 10.86%

Debt

Debt-to-Equity Ratio: 0.39
Current Ratio: 3.54
Quick Ratio: 2.94

Sales & Book Value

Annual Sales: $560.56 million
Price / Sales: 3.25
Cash Flow: $1.68 per share
Price / Cash Flow: 6.71
Book Value: $6.34 per share
Price / Book: 1.78

Miscellaneous

Outstanding Shares: 161,330,000
Free Float: N/A
Market Cap: $1.82 billion
Optionable: Optionable
Beta: -0.33

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Key Executives

Mr. Svein Moxnes Harfjeld (Age 60)
President & CEO
Comp: $1.08M
Ms. Laila C. Halvorsen (Age 48)
Chief Financial Officer
Comp: $400.33k
Mr. J. Stephen Eglin
Director of Chartering & Operations
Mr. Svenn Magne Edvardsen (Age 54)
Technical Director
Comp: $206.57k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

DHT Stock Analysis - Frequently Asked Questions

Should I buy or sell DHT stock right now?: 3 Wall Street 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 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 equities research analysts have issued twelve-month target prices for DHT's shares. Their DHT share price targets range from $11.00 to $17.00. On average, they predict the company's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 24.1% 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 start of the year. Since then, DHT stock has increased by 15.0% and is now trading at $11.28.
View the best growth stocks for 2024 here.
Are investors shorting DHT?: DHT saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 3,310,000 shares, a decline of 5.7% from the March 15th total of 3,510,000 shares. Based on an average daily volume of 1,890,000 shares, the short-interest ratio is presently 1.8 days. Currently, 2.5% of the company's shares are sold short.
View DHT's Short Interest.
When is DHT's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our DHT earnings forecast.
How were DHT's earnings last quarter?: DHT Holdings, Inc. (NYSE:DHT) issued its earnings results on Tuesday, February, 6th. The shipping company reported $0.22 EPS for the quarter, meeting analysts' consensus estimates of $0.22. The shipping company earned $94.50 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous 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. Stockholders 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 dividend yield of 7.80%. The ex-dividend date is Tuesday, February 20th. This is a boost 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 7.79%. 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 63.77% 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).SonicShares Global Shipping ETF (BOAT).
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).
Who are DHT's major shareholders?: DHT's stock is owned by many different retail and institutional investors. Top institutional shareholders include Congress Asset Management Co. MA (0.26%), GoalVest Advisory LLC (0.06%), Harbour Capital Advisors LLC (0.04%) and International Assets Investment Management 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 4/18/2024 by MarketBeat.com Staff

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DHT (DHT) Stock Price, News & Analysis

DHT MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About DHT Stock (NYSE:DHT)

DHT Stock Price History

DHT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

DHT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™