DHT Holdings Inc. (DHT) Trading Down 4.2%
Shares of DHT Holdings Inc. (NYSE:DHT) were down 4.2% during trading on Thursday . The company traded as low as $4.13 and last traded at $4.13, with a volume of 2,322,290 shares traded. The stock had previously closed at $4.31.
A number of analysts have recently commented on DHT shares. Jefferies Group reissued a “buy” rating on shares of DHT Holdings in a research note on Monday, August 29th. Zacks Investment Research cut shares of DHT Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 5th. Finally, Morgan Stanley set a $7.00 target price on shares of DHT Holdings and gave the stock a “buy” rating in a research note on Wednesday, August 10th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. DHT Holdings currently has a consensus rating of “Buy” and an average target price of $7.78.
The firm’s 50 day moving average is $4.84 and its 200-day moving average is $5.40. The stock has a market capitalization of $390.27 million and a price-to-earnings ratio of 3.43.
DHT Holdings (NYSE:DHT) last announced its quarterly earnings data on Tuesday, August 9th. The company reported $0.34 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.30 by $0.04. The company earned $83.20 million during the quarter, compared to analyst estimates of $82.44 million. The firm’s revenue for the quarter was up 22.2% on a year-over-year basis. During the same quarter last year, the business earned $0.24 EPS. Equities analysts forecast that DHT Holdings Inc. will post $1.01 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 31st. Investors of record on Wednesday, August 24th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 22.01%. The ex-dividend date was Monday, August 22nd.
DHT Holdings, Inc (DHT) is a holding company. The Company, through its subsidiaries, owns and operates a fleet of crude oil tankers. Its fleet consists of approximately 20 crude oil tankers in operation, all of which are owned by the company. The Company’s fleet in operation consists of over 20 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (DWTs), approximately one Suezmax tanker (Suezmax), which is a tanker ranging in size from 130,000 to 170,000 DWT and over two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 DWT.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.