DHT Holdings Inc. (NYSE:DHT) shares traded -3.15% lower at $9.52 on Wall Street last session.
In accordance with the data, 10 analysts cover DHT Holdings Inc. (NYSE:DHT). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $14.40 and a low of $10.00, we find $11.80. Given the previous closing price of $9.83, this indicates a potential upside of 20.04 percent. DHT stock price is now 6.40% away from the 50-day moving average and 34.18% away from the 200-day moving average. The market capitalization of the company currently stands at $1.48B.
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It has been rated a hold by 0 analysts and a buy by 10. Brokers who have rated the stock have averaged $11.70 as their price target over the next twelve months.
With the price target of $9, Jefferies recently initiated with Buy rating for DHT Holdings Inc. (NYSE: DHT)., while ‘Stifel’ rates the stock as ‘Buy’.
A total of 0.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in DHT stock. A new stake in DHT Holdings Inc. shares was purchased by D. E. SHAW & CO., INC. during the first quarter worth $3,730,000. HRT FINANCIAL LP invested $3,649,000 in shares of DHT during the first quarter. In the first quarter, EAM INVESTORS, LLC acquired a new stake in DHT Holdings Inc. valued at approximately $2,989,000. EAM GLOBAL INVESTORS LLC acquired a new stake in DHT for approximately $2,333,000. SCHONFELD STRATEGIC ADVISORS LLC purchased a new stake in DHT valued at around $1,644,000 in the second quarter. In total, there are 201 active investors with 62.70% ownership of the company’s stock.
DHT Holdings Inc. (NYSE: DHT) opened at $9.87 on Tuesday. During the past 12 months, DHT Holdings Inc. has had a low of $4.55 and a high of $10.64. As of last week, the company has a debt-to-equity ratio of 0.47, a current ratio of 3.00, and a quick ratio of 3.00. The fifty day moving average price for DHT is $8.95 and a two-hundred day moving average price translates $7.09 for the stock.
The latest earnings results from DHT Holdings Inc. (NYSE: DHT) was released for Jun, 2022. According to the Oil & Gas Midstream Company, earnings per share came in at $0.06, beating analysts’ expectations of -$0.06 by 0.12. This compares to -$0.13 EPS in the same period last year. The net profit margin was -9.90% and return on equity was -3.00% for DHT. The company reported revenue of $109.94 million for the quarter, compared to $59.09 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 86.04 percent. For the current quarter, analysts expect DHT to generate $60.36M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 11/29/2022. Investors who held shares on 11/22/2022 were paid a $0.04 dividend. On an annualized basis, this represents a $0.16 dividend and a 1.68% percent yield. There was an ex-dividend date of 11/21/2022 for this dividend.
DHT Holdings Inc.(DHT) Company Profile
DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. As of March 17, 2022, it had a fleet of 26 very large crude carriers with a capacity of 8,043,657 deadweight tons. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.
