DHT Stock Analysis: DHT Holdings | NYSE

Oil & Gas Midstream | NYSE, USA | Market Cap: 2.661m USD | 12M Return: 65.8% | Charts, Fundamentals & Technical Analysis

Crude Tankers, Crude Carriers, Management Services
Total Rating 62
Safety 73
Buy Signal -0.49
Oil & Gas Midstream
Industry Rotation: -0.9
Market Cap: 2.66B
Avg Turnover: 58.3M
Risk 3d forecast
Volatility41.5%
VaR 5th Pctl7.03%
VaR vs Median2.64%
Reward TTM
Sharpe Ratio1.57
Rel. Str. IBD80.9
Rel. Str. Peer Group76.4
Character TTM
Beta0.274
Beta Downside0.329
Hurst Exponent0.599
Drawdowns 3y
Max DD24.96%
CAGR/Max DD1.54
CAGR/Mean DD5.66
EPS (Earnings per Share) EPS (Earnings per Share) of DHT over the last years for every Quarter: "2021-06": -0.09, "2021-09": -0.15, "2021-12": -0.04, "2022-03": -0.15, "2022-06": -0.04, "2022-09": -0.01, "2022-12": 0.38, "2023-03": 0.24, "2023-06": 0.35, "2023-09": 0.19, "2023-12": 0.22, "2024-03": 0.29, "2024-06": 0.27, "2024-09": 0.22, "2024-12": 0.17, "2025-03": 0.27, "2025-06": 0.24, "2025-09": 0.28, "2025-12": 0.41, "2026-03": 0.64,
EPS CAGR: 6.47%
EPS Trend: 36.4%
Last SUE: 0.37
Qual. Beats: 0
Revenue Revenue of DHT over the last years for every Quarter: 2021-06: 65.94, 2021-09: 59.095, 2021-12: 83.835, 2022-03: 76.4, 2022-06: 99.914, 2022-09: 109.938, 2022-12: 167.895, 2023-03: 132.568, 2023-06: 153.047, 2023-09: 131.565, 2023-12: 142.292, 2024-03: 147.038, 2024-06: 151.237, 2024-09: 142.107, 2024-12: 131.391, 2025-03: 118.574, 2025-06: 128.316, 2025-09: 107.348, 2025-12: 143.931, 2026-03: 186.476,
Rev. CAGR: -4.18%
Rev. Trend: -62.1%
Last SUE: 0.58
Qual. Beats: 0

Warnings

Fakeout
Below Avwap Earnings

Tailwinds

Confidence

Seasonality 10.5 years of data

Jan -0.3% 0
Feb +3.0% 38
Mar -1.2% 14
Apr -0.2% 2
May +1.2% 13
Jun +1.4% 14
Jul +2.5% 23
Aug -1.6% 6
Sep +1.4% 33
Oct +3.4% 9
Nov -5.8% 39
Dec -6.2% 26

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: DHT DHT Holdings

DHT Holdings, Inc. is a Bermuda-incorporated crude oil tanker operator founded in 2005 and headquartered in Hamilton. The company runs a fleet of 22 very large crude carriers (VLCCs) and provides technical management services, with operational offices in Monaco, Singapore, Norway, and India.

As a mid-cap ($3.21B USD) Energy-sector company classified under Oil & Gas Storage & Transportation, DHTs business model is tied to the global seaborne transport of unrefined crude oil. VLCCs are among the largest oil tanker classes, typically used on long-haul routes between major production regions and refineries, and revenues are generally driven by charter rates that fluctuate with global oil supply, demand, and shipping capacity.

Headlines to Watch Out For
  • VLCC daily rates surge amid tight tonnage supply
  • OPEC+ output decisions reshape long-haul crude trade flows
  • DHT expands share repurchases amid strong free cash flow
Piotroski VR-10 (Strict) 5.0
Net Income: 331.5m TTM > 0 and > 6% of Revenue
FCF/TA: -0.07 > 0.02 and ΔFCF/TA -18.93 > 1.0
NWC/Revenue: 21.38% < 20% (prev 11.80%; Δ 9.58% < -1%)
CFO/TA 0.18 > 3% & CFO 316.2m > Net Income 331.5m
Net Debt (380.9m) to EBITDA (450.1m): 0.85 < 3
Current Ratio: 1.83 > 1.5 & < 3
Outstanding Shares: last quarter (161.2m) vs 12m ago 0.41% < -2%
Gross Margin: 47.47% > 18% (prev 37.52%; Δ 9.94% > 0.5%)
Asset Turnover: 34.91% > 50% (prev 37.26%; Δ -2.35% > 0%)
Interest Coverage Ratio: 25.61 > 6 (EBIT TTM 345.4m / Interest Expense TTM 13.5m)
Altman Z'' 4.22
A: 0.07 (Total Current Assets 267.1m - Total Current Liabilities 146.1m) / Total Assets 1.79b
B: 0.00 (Retained Earnings 2.28m / Total Assets 1.79b)
C: 0.21 (EBIT TTM 345.4m / Avg Total Assets 1.62b)
D: 2.23 (Book Value of Equity 1.23b / Total Liabilities 552.3m)
Altman-Z'' = 4.22 = AA
Beneish M -2.57
DSRI: 1.62 (Receivables 85.3m/50.5m, Revenue 566.1m/543.3m)
GMI: 0.79 (GM 37.52% / 47.47%)
AQI: 1.17 (AQ_t 0.00 / AQ_t-1 0.00)
SGI: 1.04 (Revenue 566.1m / 543.3m)
TATA: 0.01 (NI 331.5m - CFO 316.2m) / TA 1.79b)
Beneish M = -2.57 (Cap -4..+1) = A
What is the price of DHT shares?

As of July 07, 2026, the stock is trading at USD 17.15 with a total of 2,510,039 shares traded. Over the past week, the price has changed by -2.83%, over one month by +4.32%, over three months by -3.99% and over the past year by +65.83%.

Current recommended Stop Loss: 15.60 (which is 9% or 2 ATR below the current price).

Is DHT a buy, sell or hold?

DHT Holdings has received a consensus analysts rating of 4.83. Therefore, it is recommended to buy DHT.

  • StrongBuy: 5
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the DHT price?
Analysts Target Price 20.2 17.8%
DHT Holdings (DHT) - Fundamental Data Overview as of 02 July 2026
Market Cap USD = 2.66b (2.66b USD * 1.0 USD.USD)
P/E Trailing = 8.0218
P/E Forward = 5.4915
P/S = 4.0368
P/B = 2.1595
P/EG = 1.1926
Revenue TTM = 566.1m USD
EBIT TTM = 345.4m USD
EBITDA TTM = 450.1m USD
Long Term Debt = 400.7m USD (from longTermDebt, last quarter)
Short Term Debt = 105.6m USD (from shortTermDebt, last quarter)
Debt = 507.2m USD (from shortLongTermDebtTotal, last quarter) + Leases 914k
Net Debt = 380.9m USD (calculated: Debt 507.2m - CCE 126.2m)
Enterprise Value = 3.04b USD (2.66b + Debt 507.2m - CCE 126.2m)
Interest Coverage Ratio = 25.61 (Ebit TTM 345.4m / Interest Expense TTM 13.5m)
EV/FCF = -23.23x (Enterprise Value 3.04b / FCF TTM -130.9m)
FCF Yield = -4.30% (FCF TTM -130.9m / Enterprise Value 3.04b)
FCF Margin = -23.13% (FCF TTM -130.9m / Revenue TTM 566.1m)
Net Margin = 58.56% (Net Income TTM 331.5m / Revenue TTM 566.1m)
Gross Margin = 47.47% ((Revenue TTM 566.1m - Cost of Revenue TTM 297.4m) / Revenue TTM)
Gross Margin QoQ = 60.39% (prev 51.23%)
Tobins Q-Ratio = 1.70 (Enterprise Value 3.04b / Total Assets 1.79b)
Interest Expense / Debt = 2.66% (Interest Expense 13.5m / Debt 507.2m)
Taxrate = 0.14% (455k / 331.9m)
NOPAT = 344.9m (EBIT 345.4m * (1 - 0.14%))
Current Ratio = 1.83 (Total Current Assets 267.1m / Total Current Liabilities 146.1m)
Debt / Equity = 0.41 (Debt 507.2m / totalStockholderEquity, last quarter 1.23b)
Debt / EBITDA = 0.85 (Net Debt 380.9m / EBITDA 450.1m)
 Debt / FCF = -2.91 (negative FCF - burning cash) (Net Debt 380.9m / FCF TTM -130.9m)
 Total Stockholder Equity = 1.14b (last 4 quarters mean from totalStockholderEquity)
RoA = 20.44% (Net Income 331.5m / Total Assets 1.79b)
RoE = 29.14% (Net Income TTM 331.5m / Total Stockholder Equity 1.14b)
RoCE = 22.45% (EBIT 345.4m / Capital Employed (Equity 1.14b + L.T.Debt 400.7m))
RoIC = 20.10% (NOPAT 344.9m / Invested Capital 1.72b)
WACC = 6.26% (E(2.66b)/V(3.17b) * Re(6.95%) + D(507.2m)/V(3.17b) * Rd(2.66%) * (1-Tc(0.00)))
Discount Rate = 6.95% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -22.47 | Cagr: 0.00%
 [DCF] Fair Price = unknown (Cash Flow -130.9m)
 EPS Correlation: 36.44 | EPS CAGR: 6.47% | SUE: 0.37 | # QB: 0
Revenue Correlation: -62.09 | Revenue CAGR: -4.18% | SUE: 0.58 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.05 | Chg30d=+0.33% | Revisions=+57% | Analysts=6
EPS next Quarter (2026-09-30): EPS=0.60 | Chg30d=+3.18% | Revisions=+50% | Analysts=6
EPS current Year (2026-12-31): EPS=2.98 | Chg30d=+0.79% | Revisions=+62% | GrowthEPS=+202.5% | GrowthRev=+90.0%
EPS next Year (2027-12-31): EPS=1.73 | Chg30d=-0.29% | Revisions=+38% | GrowthEPS=-41.8% | GrowthRev=-28.5%
[Analyst] Revisions Ratio: +75% (up=16, down=1)