Streetbeat News

DHT

DHT Holdings, Inc.

https://www.dhtankers.com

Industry

Oil & Gas Midstream

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.

Open

10.68

Mkt cap

1.7B

Volume

1.6M

High

10.96

P/E Ratio

10.76

52-wk high

12.80

Low

10.57

Div yield

0.09

52-wk low

8.67

DHT Holdings, Inc. has repurchased 1,481,383 shares, representing 0.9% of its outstanding shares, at an average price of $8.8899. These shares have been retired.

Portfolio Pulse from

January 06, 2025 | 10:15 am

DHT Holdings is enhancing its position in the VLCC market with four new vessels expected by 2026 and a commitment to return 100% of net income as dividends. Since Q3-22, it has paid $2.19 per share in dividends.

Portfolio Pulse from

December 24, 2024 | 7:15 am

DHT Holdings, Inc. has agreed to sell its vessel, the DHT Scandinavia, for $43.4 million. The sale will help reduce the average age of its fleet and improve environmental metrics. Proceeds will be used for corporate purposes, including potential investments, share buy-backs, or debt prepayment.

Portfolio Pulse from

December 12, 2024 | 9:30 pm

DHT Holdings reported positive third quarter results with year-over-year revenue and adjusted EBITDA growth. The company is well-positioned to manage upcoming debt repayments in 2025 and 2026 due to its low breakeven point.

Portfolio Pulse from

November 14, 2024 | 12:45 pm

DHT Holdings, Inc. held its Q3 2024 earnings call, discussing financial performance and company updates.

Portfolio Pulse from

November 13, 2024 | 3:00 pm

DHT Holdings (DHT) reported Q3 earnings of $0.22 per share, surpassing the Zacks Consensus Estimate of $0.21 per share, and showing growth from $0.19 per share a year ago.

Portfolio Pulse from

November 13, 2024 | 1:00 am

DHT Holdings, Inc. announced its third quarter 2024 results, providing insights into the company's financial performance for the period ending September 30, 2024.

Portfolio Pulse from

November 12, 2024 | 9:30 pm

DHT Holdings is expected to report Q3 earnings, but analysts warn of potential disappointment due to overly optimistic estimates for Q4 2024 and Q1 2025. Current freight rates and futures do not support these estimates. Geopolitical factors, like Trump's policies on Iran, could impact future freight rates, but effects are expected in Q2 2025.

Portfolio Pulse from

November 10, 2024 | 5:45 pm

Analysts have provided updated ratings and price targets for three high-yield energy stocks: Ardmore Shipping Corporation, DHT Holdings, and Chord Energy Corporation. These stocks offer dividend yields over 8%, attracting investors during market uncertainty. Ardmore Shipping and DHT Holdings have upcoming earnings announcements, which may impact their stock prices.

Portfolio Pulse from Avi Kapoor

October 31, 2024 | 1:42 pm

Stifel analyst Benjamin Nolan maintains a Hold rating on DHT Holdings and lowers the price target from $13 to $11.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 4:17 pm

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