NYSE:DHT

DHT (DHT) Stock Price, News & Analysis

$11.78
+0.39 (+3.42%)
(As of 05/2/2024 ET)
Today's Range
$11.38
$11.78
50-Day Range
$10.69
$11.89
52-Week Range
$7.30
$11.95
Volume
1.47 million shs
Average Volume
1.20 million shs
Market Capitalization
$1.90 billion
P/E Ratio
11.90
Dividend Yield
7.47%
Price Target
$14.00

DHT MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
18.8% 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
0.12mentions of DHT in the last 14 days
Based on 15 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.

3.42 out of 5 stars

Transportation Sector

53rd out of 110 stocks

Deep Sea Foreign Transportation Of Freight Industry

11th out of 24 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
5/03/2024
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
+18.8%
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
$1.73 per share
Book Value
$6.34 per share

Miscellaneous

Free Float
158,748,000
Market Cap
$1.90 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 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 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 targets for DHT's shares. Their DHT share price targets range from $11.00 to $17.00. On average, they expect the company's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 18.8% 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 on January 1st, 2024. Since then, DHT stock has increased by 20.1% and is now trading at $11.78.
View the best growth stocks for 2024 here
.

Are investors shorting DHT?

DHT saw a decline in short interest during the month of April. As of April 15th, there was short interest totaling 2,940,000 shares, a decline 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 days-to-cover ratio is presently 1.8 days. Approximately 2.2% of the shares of the company are sold short.
View DHT's Short Interest
.

How were DHT's earnings last quarter?

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

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 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 7.47%. 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 7.71%. 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 variety 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 5/3/2024 by MarketBeat.com Staff

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