DHT official logo DHT
DHT 3-star rating from Upturn Advisory
DHT Holdings Inc (DHT) company logo

DHT Holdings Inc (DHT)

DHT Holdings Inc (DHT) 3-star rating from Upturn Advisory
$19.49
Last Close (24-hour delay)
Profit since last BUY41.75%
upturn advisory logo
Regular Buy
BUY since 21 days
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock price based on last close icon Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • 1Y
  • 1M
  • 1W

Upturn Advisory Summary

02/27/2026: DHT (3-star) is a STRONG-BUY. BUY since 21 days. Simulated Profits (41.75%). Updated daily EoD!

Upturn Star Rating

Upturn 3 star rating for performance

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

2 star rating from financial analysts

6 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $17.94

1 Year Target Price $17.94

Analysts Price Target For last 52 week
$17.94 Target price
52w Low $8.36
Current$19.49
52w High $19.8
Advertisement

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 3.08B USD
Price to earnings Ratio 14.63
1Y Target Price 17.94
Price to earnings Ratio 14.63
1Y Target Price 17.94
Volume (30-day avg) 6
Beta -0.08
52 Weeks Range 8.36 - 19.80
Updated Date 02/27/2026
52 Weeks Range 8.36 - 19.80
Updated Date 02/27/2026
Dividends yield (FY) 8.56%
Basic EPS (TTM) 1.31

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Advertisement

Earnings Date

Report Date 2026-02-11
When -
Estimate 0.3996
Actual 0.4094

Profitability

Profit Margin 38.29%
Operating Margin (TTM) 47.82%

Management Effectiveness

Return on Assets (TTM) 9.06%
Return on Equity (TTM) 19.39%

Valuation

Trailing PE 14.63
Forward PE 13.42
Enterprise Value 2107930038
Price to Sales(TTM) 5.59
Enterprise Value 2107930038
Price to Sales(TTM) 5.59
Enterprise Value to Revenue 4.05
Enterprise Value to EBITDA 6.54
Shares Outstanding 160799407
Shares Floating 138978927
Shares Outstanding 160799407
Shares Floating 138978927
Percent Insiders 14.97
Percent Institutions 70.02

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI SWOT

DHT Holdings Inc

DHT Holdings Inc(DHT) company logo displayed in Upturn AI summary

Company Overview

Company history and background logo History and Background

DHT Holdings Inc. (DHT) is a publicly traded company focused on the transportation of crude oil and refined petroleum products. The company operates a fleet of crude oil tankers. Its history is intertwined with the evolution of the tanker shipping industry, marked by cycles of charter rates, fleet expansion, and market consolidation. DHT Holdings has a significant presence in the global seaborne transportation of oil.

Company business area logo Core Business Areas

  • Crude Oil Tanker Operations: DHT Holdings operates a fleet of Very Large Crude Carriers (VLCCs) and Aframax tankers, which are essential for transporting crude oil globally. This is the company's sole and primary business segment.

leadership logo Leadership and Structure

DHT Holdings Inc. is managed by a board of directors and an executive management team responsible for overseeing its operations, strategy, and financial performance. The company is headquartered in Monaco and incorporated in the Marshall Islands.

Top Products and Market Share

Product Key Offerings logo Key Offerings

  • Crude Oil Transportation Services: DHT Holdings provides seaborne transportation services for crude oil, utilizing its fleet of tankers. Market share data for individual shipping companies is highly dynamic and depends on fleet size, vessel utilization, and charter rates. DHT is a significant player in the VLCC and Aframax segments. Key competitors include Frontline Ltd. (FRO), Euronav NV (EURN), Teekay Corporation (TNK), and International Seaways, Inc. (INSW).

Market Dynamics

industry overview logo Industry Overview

The crude oil tanker shipping industry is a cyclical and capital-intensive sector influenced by global oil demand, supply, geopolitical events, freight rates, and shipbuilding capacity. Freight rates are determined by supply and demand for shipping capacity. The industry is characterized by a global reach and significant competition.

Positioning

DHT Holdings is positioned as a pure-play crude oil tanker owner and operator, focusing on a modern fleet of VLCCs and Aframax tankers. Its competitive advantages include a relatively young and efficient fleet, strong operational expertise, and a focus on cost management.

Total Addressable Market (TAM)

The TAM for crude oil transportation is vast, driven by global energy consumption. While difficult to quantify in a precise dollar value for seaborne transportation, it represents billions of dollars in shipping revenue annually. DHT Holdings, with its specialized fleet, aims to capture a significant portion of the VLCC and Aframax market segments.

Upturn SWOT Analysis

Strengths

  • Modern and efficient fleet of VLCCs and Aframax tankers.
  • Experienced management team with deep industry knowledge.
  • Focus on operational efficiency and cost control.
  • Strong relationships with charterers and financial institutions.
  • Pure-play exposure to the crude oil tanker market.

Weaknesses

  • Cyclical nature of the tanker market can lead to volatile earnings.
  • High capital expenditure requirements for fleet renewal and maintenance.
  • Exposure to geopolitical risks affecting oil trade routes.
  • Dependence on charter hire rates, which can fluctuate significantly.
  • Limited diversification beyond crude oil transportation.

Opportunities

  • Increasing global demand for oil transportation.
  • Potential for fleet expansion through strategic acquisitions.
  • Opportunities for long-term time charters, providing stable revenue.
  • Scrapping of older, less efficient vessels by competitors, improving supply-demand balance.
  • Leveraging digitalization for operational improvements.

Threats

  • Economic slowdowns reducing oil demand and shipping activity.
  • Increased global oil production leading to oversupply of tankers.
  • Rising fuel costs and operating expenses.
  • Stringent environmental regulations and potential for increased compliance costs.
  • Geopolitical instability and trade wars impacting oil flows.

Competitors and Market Share

Key competitor logo Key Competitors

  • Frontline Ltd. (FRO)
  • Euronav NV (EURN)
  • International Seaways, Inc. (INSW)
  • Teekay Corporation (TNK)

Competitive Landscape

DHT Holdings competes in a highly fragmented market. Its advantages lie in its focused fleet of modern tankers and operational expertise. Disadvantages may include scale compared to some larger competitors and susceptibility to market downturns. The competitive landscape is characterized by intense price competition and the constant need for efficient operations.

Growth Trajectory and Initiatives

Historical Growth: DHT Holdings' historical growth has been driven by fleet expansion, both through newbuilds and acquisitions, and by leveraging periods of strong market conditions. Growth is closely tied to the company's ability to secure favorable chartering contracts and manage its fleet efficiently.

Future Projections: Future growth projections for DHT Holdings depend on anticipated trends in global oil demand, geopolitical stability, and the supply-demand balance for tanker capacity. Analyst estimates will consider factors such as expected charter rates, fleet utilization, and potential for fleet expansion or renewal.

Recent Initiatives: Recent initiatives may include fleet modernization, sale and purchase of vessels, optimization of operational efficiency, and strategic financial management to navigate market cycles.

Summary

DHT Holdings Inc. is a focused player in the volatile crude oil tanker market, benefiting from a modern fleet and operational efficiency. Its financial performance is intrinsically linked to cyclical freight rates, presenting both significant upside during strong markets and downside risk during downturns. The company needs to closely monitor global oil dynamics, manage its capital effectively, and adapt to evolving environmental regulations to navigate its future growth and maintain shareholder value.

Similar Stocks

Sources and Disclaimers

Data Sources:

  • Company financial reports (10-K, 10-Q)
  • Industry analysis reports
  • Financial news and data providers

Disclaimers:

This JSON output is generated for informational purposes only and does not constitute financial advice. Data may be subject to change and historical performance is not indicative of future results. Users are advised to conduct their own due diligence and consult with a qualified financial advisor before making any investment decisions.

Information icon for Upturn AI Summarization accuracy disclaimer AI Summarization is directionally correct and might not be accurate.

Information icon for Upturn AI Summarization data freshness disclaimer Summarized information shown could be a few years old and not current.

Information icon warning about Upturn AI Fundamental Rating based on potentially old data Fundamental Rating based on AI could be based on old data.

Information icon warning about potential inaccuracies or hallucinations in Upturn AI-generated summaries AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About DHT Holdings Inc

Exchange NYSE
Headquaters -
IPO Launch date 2005-10-13
President, CEO & Director Mr. Svein Moxnes Harfjeld
Sector Energy
Industry Oil & Gas Midstream
Full time employees 924
Full time employees 924

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, Norway, and India. The company also offers technical management services. As of March 15, 2025, it had a fleet of 23 very large crude carriers. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.