NYSE:DHT

DHT (DHT) Stock Price, News & Analysis

$11.32
+0.13 (+1.16%)
(As of 04/23/2024 ET)
Today's Range
$11.08
$11.36
50-Day Range
$10.69
$11.89
52-Week Range
$7.30
$11.95
Volume
1.21 million shs
Average Volume
1.83 million shs
Market Capitalization
$1.83 billion
P/E Ratio
11.44
Dividend Yield
7.77%
Price Target
$14.00

DHT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
23.6% 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
0.98mentions of DHT in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-11.54%
From $1.56 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.

3.70 out of 5 stars

Transportation Sector

44th out of 110 stocks

Deep Sea Foreign Transportation Of Freight Industry

10th out of 26 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

Your Money is Not Safe
Biden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…
3 Under $20 Stocks to Buy Now: Q2 Edition
Kepler Capital Sticks to Its Buy Rating for Frontline (FRO)
Your Money is Not Safe
Biden Deploys Phase 1 Fednow Digital Currency Discover how to legally "opt-out" of the digital dollar today. No matter what they say, it's not something that will help you. If you don't take the action steps shown below…
DHT (NYSE:DHT) Shares Gap Up to $11.39
DHT Holdings, Inc. Business Update
We Have Increased Our Stake In DHT Holdings
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
4/23/2024
Next Earnings (Estimated)
5/01/2024
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
+23.3%
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
$1.70 per share
Book Value
$6.34 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.83 billion
Optionable
Optionable
Beta
-0.33
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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 twelve months. 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 analysts have issued 1-year target prices for DHT's shares. Their DHT share price targets range from $11.00 to $17.00. On average, they anticipate the company's share price to reach $14.00 in the next year. This suggests a possible upside of 23.6% 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 stock has increased by 15.4% and is now trading at $11.3250.
View the best growth stocks for 2024 here
.

Are investors shorting DHT?

DHT saw a drop in short interest in March. As of March 31st, there was short interest totaling 3,310,000 shares, a drop 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 shares of the stock 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) announced its quarterly earnings results on Tuesday, February, 6th. The shipping company reported $0.22 earnings per share for the quarter, meeting 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%. The firm's revenue was down 19.0% compared to the same quarter last year. During the same quarter last year, the company posted $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. Investors of record on Wednesday, February 21st will be given a dividend of $0.22 per share on Wednesday, February 28th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.77%. The ex-dividend date of this dividend is Tuesday, February 20th. This is a positive change 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 7.82%. 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) 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 variety of institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (0.26%), GoalVest Advisory LLC (0.06%), Harbour Capital Advisors LLC (0.04%), International Assets Investment Management LLC (0.04%) and KLR Investment Advisors LLC (0.01%).

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 4/24/2024 by MarketBeat.com Staff

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