DHT Holdings, Inc. (DHT) Set to Announce Quarterly Earnings on Monday
DHT Holdings, Inc. (NYSE:DHT) will be announcing its earnings results after the market closes on Monday, October 30th. Analysts expect the company to announce earnings of ($0.07) per share for the quarter.
DHT Holdings (NYSE:DHT) last announced its earnings results on Tuesday, August 8th. The shipping company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.02. The business had revenue of $59.63 million during the quarter, compared to analyst estimates of $58.47 million. DHT Holdings had a negative net margin of 12.48% and a positive return on equity of 6.07%. On average, analysts expect DHT Holdings to post $0.22 EPS for the current fiscal year and $0.38 EPS for the next fiscal year.
Shares of DHT Holdings, Inc. (NYSE DHT) traded down 1.2291% during midday trading on Monday, hitting $4.0101. 40,448 shares of the stock were exchanged. The firm’s market cap is $570.83 million. DHT Holdings, Inc. has a 52-week low of $3.29 and a 52-week high of $5.20. The firm’s 50-day moving average is $3.98 and its 200 day moving average is $4.17.
DHT has been the subject of a number of research analyst reports. Maxim Group set a $7.00 price objective on shares of DHT Holdings and gave the company a “buy” rating in a report on Wednesday, August 9th. Jefferies Group LLC reiterated a “buy” rating on shares of DHT Holdings in a research report on Thursday. ValuEngine upgraded DHT Holdings from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Stifel Nicolaus set a $5.00 target price on DHT Holdings and gave the company a “hold” rating in a research report on Wednesday, August 9th. Finally, Zacks Investment Research upgraded DHT Holdings from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $6.00.
About DHT Holdings
DHT Holdings, Inc operates a fleet of crude oil tankers. As of March 21, 2017, the Company’s fleet consisted of 21 crude oil tankers in operation. As of March 21, 2017, the Company’s fleet consisted of 19 very large crude carriers (VLCCs), which are tankers ranging in size from 200,000 to 320,000 deadweight tons (dwt), and two Aframax tankers (Aframaxes), which are tankers ranging in size from 80,000 to 120,000 dwt.
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