DHT (DHT) to Release Quarterly Earnings on Thursday

DHT (NYSE:DHT) is scheduled to be announcing its earnings results after the market closes on Thursday, November 1st. Analysts expect the company to announce earnings of ($0.10) per share for the quarter.

DHT (NYSE:DHT) last issued its quarterly earnings data on Tuesday, August 7th. The shipping company reported ($0.17) EPS for the quarter, hitting the Zacks’ consensus estimate of ($0.17). The firm had revenue of $34.44 million during the quarter, compared to the consensus estimate of $36.20 million. DHT had a negative return on equity of 5.01% and a negative net margin of 15.45%. On average, analysts expect DHT to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

DHT traded down $0.06 during trading on Wednesday, reaching $5.03. 25,594 shares of the company were exchanged, compared to its average volume of 958,005. The company has a market cap of $719.30 million, a P/E ratio of 38.69 and a beta of 0.51. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.64 and a quick ratio of 1.33. DHT has a 52 week low of $3.27 and a 52 week high of $5.20.



DHT has been the subject of a number of analyst reports. Pareto Securities upgraded DHT from a “hold” rating to a “buy” rating in a research report on Thursday, October 25th. ValuEngine upgraded DHT from a “hold” rating to a “buy” rating in a research report on Saturday, October 6th. Zacks Investment Research upgraded DHT from a “hold” rating to a “buy” rating and set a $5.25 price target for the company in a research report on Thursday, July 19th. Morgan Stanley boosted their price target on DHT from $5.00 to $6.00 and gave the stock a “buy” rating in a research report on Wednesday, July 18th. Finally, Wells Fargo & Co reduced their price target on DHT from $7.00 to $6.00 and set a “buy” rating for the company in a research report on Tuesday, August 14th. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. DHT presently has an average rating of “Buy” and a consensus target price of $5.88.

About DHT

DHT Holdings, Inc, through its subsidiaries, owns and operates crude oil tankers primarily in Oslo, Norway and Singapore. As of February 6, 2018, it had a fleet of 27 very large crude carriers and 2 Aframaxes with deadweight tons of 8,590,740. The company was founded in 2005 and is headquartered in Hamilton, Bermuda.

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Earnings History for DHT (NYSE:DHT)

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