DHT Holdings
About: DHT Holdings Inc is a crude oil tanker company. It is an independent crude oil tanker company. Its fleet trades internationally and consists of crude oil tankers in the VLCC. It generates revenues from time charter and spot market operations. Its fleets consist of very large crude carriers known as VLCCs that range in size from 270,000 to 320,000 deadweight tons. Geographically, DHT operates in Monaco, Oslo, Norway, and Singapore. The company generates the majority of its revenue from the shipping revenues.
Employees: 1,212
0
Funds holding %
of 6,810 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
147% more call options, than puts
Call options by funds: $30.4M | Put options by funds: $12.3M
4% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 75
8% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 48
2.34% less ownership
Funds ownership: 63.42% [Q2] → 61.08% (-2.34%) [Q3]
3% less funds holding
Funds holding: 219 [Q2] → 213 (-6) [Q3]
9% less capital invested
Capital invested by funds: $1.18B [Q2] → $1.08B (-$104M) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$11
9%
upside
Avg. target
$13.67
36%
upside
High target
$16
59%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Jefferies Omar Nokta 23% 1-year accuracy 13 / 57 met price target | 39%upside $14 | Buy Maintained | 13 Nov 2024 |
Stifel Benjamin Nolan 44% 1-year accuracy 17 / 39 met price target | 9%upside $11 | Hold Maintained | 23 Oct 2024 |
BTIG Gregory Lewis 48% 1-year accuracy 23 / 48 met price target | 59%upside $16 | Buy Initiated | 15 Oct 2024 |
Financial journalist opinion
Based on 5 articles about DHT published over the past 30 days
Neutral
GlobeNewsWire
4 days ago
DHT Holdings, Inc. announces share repurchases
HAMILTON, BERMUDA, January 6, 2025 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced that the Company has purchased 1,481,383 of its own shares in the open market, equivalent to 0.9% of its outstanding shares, at an average price of $8.8899. The shares were purchased during December 2024 and have been retired upon receipt.
Positive
Seeking Alpha
2 weeks ago
DHT Holdings: Attractive Capital Allocation Policy Combined With Pure-Play VLCC Exposure
DHT Holdings offers pure-play exposure to the VLCC market, which exhibits some of the tightest supply dynamics in the maritime industry. The company is also strengthening its position in the VLCC market. Four new state-of-the-art vessels are currently under construction and are expected to be delivered in 2026. The company is committed to returning 100% of net income to shareholders as dividends. Since Q3-22, DHT has paid $2.19 per share in cumulative dividends.
Negative
Zacks Investment Research
3 weeks ago
New Strong Sell Stocks for November 19th
FRO, DHT and CVE have been added to the Zacks Rank #5 (Strong Sell) List on November 19, 2024.
Positive
Benzinga
3 weeks ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 6% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
GlobeNewsWire
4 weeks ago
DHT Holdings, Inc. announces sale of the DHT Scandinavia
HAMILTON, BERMUDA, December 12, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) has entered into agreement to sell the DHT Scandinavia, a 2006 built VLCC, for $43.4 million. The Company expects to deliver the vessel to its new owner in January 2025. The vessel has no outstanding bank debt and the sale proceeds will be allocated to general corporate purpose, hereunder investments in vessels, share buy-backs or prepayment of debt. The sale will reduce the average age of the Company's fleet and improve its AER, EEOI and CII metrics.
Positive
Benzinga
1 month ago
Top 3 Energy Stocks That Could Blast Off In December
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Positive
Seeking Alpha
1 month ago
DHT Holdings: VLCC-Only Play At A Reasonable Discount
Third quarter results were not that bad. The company scored revenue and adjusted EBITDA growth YoY. The revenue growth rate offset the expense growth rate, leading to YoY growing EBITDA and EPS. In 2025, DHT must repay $80.9 million, while in 2026, $54.2 million. Considering DHT's low breakeven, the company can handle a significant day-rate downturn while maintaining liquidity and solvency intact.
Neutral
Seeking Alpha
1 month ago
DHT Holdings, Inc. (DHT) Q3 2024 Earnings Call Transcript
DHT Holdings, Inc. (NYSE:DHT ) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Laila C. Halvorsen - CFO Svein Moxnes Harfjeld - President and CEO Conference Call Participants Frode Mørkedal - Clarkson Securities Jonathan Chappell - Evercore ISI Omar Nokta - Jefferies Operator Good day, and thank you for standing by.
Positive
Zacks Investment Research
1 month ago
DHT Holdings (DHT) Beats Q3 Earnings and Revenue Estimates
DHT Holdings (DHT) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.19 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
DHT Holdings, Inc. Third Quarter 2024 Results
HAMILTON, BERMUDA, November 12, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended September 30, 2024.
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