
DHT Holdings (DHT) Stock Forecast & Price Target
DHT Holdings (DHT) Analyst Ratings
Bulls say
DHT Holdings, Inc. is poised for a positive financial outlook driven by the selling of vessels such as the DHT Lotus and DHT Peony for a total of $103 million, and an expected increase in earnings per share (EPS) to $0.40 for the fourth quarter amid tight vessel capacity and rising cargo flows. As a pure VLCC operator, DHT is strategically positioned to benefit from a projected tightening in the VLCC supply/demand balance, with global fleet utilization anticipated to exceed 90% by 2026. Additionally, with every $1,000/day increase in spot rates translating to a significant boost in annual earnings and dividend capacity, the company’s potential for margin improvement is further enhanced following the recent internalization of its investment structure.
Bears say
DHT Holdings is facing a projected decline in revenues for the third quarter due to a decrease in bookings, particularly evidenced by the recent time charter agreements which indicate lower daily rates. The ongoing high-interest rate environment and uncertainty surrounding trade tariffs and oil market dynamics present additional macroeconomic headwinds that could negatively impact charter rates and overall profitability. Furthermore, the reliance on shipping revenues in a volatile market poses a risk to the company's financial stability, as fluctuations in oil volumes may significantly affect its operational performance.
This aggregate rating is based on analysts' research of DHT Holdings and is not a guaranteed prediction by Public.com or investment advice.
DHT Holdings (DHT) Analyst Forecast & Price Prediction
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