DHT Holdings Inc. (DHT) Trading Up 3.4%
DHT Holdings Inc. (NYSE:DHT)’s share price was up 3.4% on Friday . The stock traded as high as $4.28 and last traded at $4.22, with a volume of 1,199,530 shares trading hands. The stock had previously closed at $4.08.
Several equities analysts recently weighed in on DHT shares. Jefferies Group reaffirmed 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 company a “buy” rating in a research note on Wednesday, August 10th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $7.78.
The stock has a market capitalization of $390.27 million and a PE ratio of 3.43. The stock has a 50 day moving average of $4.84 and a 200-day moving average of $5.40.
DHT Holdings (NYSE:DHT) last posted its earnings results on Tuesday, August 9th. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.04. The firm earned $83.20 million during the quarter, compared to analyst estimates of $82.44 million. During the same quarter in the prior year, the firm earned $0.24 earnings per share. The business’s revenue for the quarter was up 22.2% on a year-over-year basis. Equities research analysts expect that DHT Holdings Inc. will post $1.01 earnings per share for the current fiscal year.
The company also recently announced 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.
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