DHT (DHT) Stock Forecast, Price Target & Predictions
DHT Stock Forecast
DHT stock forecast is as follows: an average price target of $16.90 (represents a 67.16% upside from DHT’s last price of $10.11) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
DHT Price Target
The average price target for DHT (DHT) is $16.90 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $30.50 to $11.00. This represents a potential 67.16% upside from DHT's last price of $10.11.
DHT Analyst Ratings
According to 8 Wall Street analysts, DHT's rating consensus is 'Buy'. The analyst rating breakdown for DHT stock is 0 'Strong Buy' (0.00%), 5 'Buy' (62.50%), 2 'Hold' (25.00%), 1 'Sell' (12.50%), and 0 'Strong Sell' (0.00%).
DHT Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 15, 2024 | Gregory Lewis | BTIG | $16.00 | $11.21 | 42.67% | 58.26% |
| Mar 21, 2024 | Omar Nokta | Jefferies | $14.00 | $11.44 | 22.38% | 38.48% |
| Dec 26, 2023 | Benjamin Nolan | Stifel Nicolaus | $11.00 | $10.16 | 8.27% | 8.80% |
| Dec 26, 2023 | John White | Roth Capital | $30.50 | $10.16 | 200.20% | 201.68% |
| Sep 25, 2023 | Omar Nokta | Jefferies | $10.00 | $10.07 | -0.69% | -1.09% |
| Sep 25, 2023 | TJ Schultz | RBC Capital | $13.00 | $10.07 | 29.11% | 28.59% |
| May 22, 2023 | Benjamin Nolan | Stifel Nicolaus | $12.00 | $8.21 | 46.14% | 18.69% |
| Apr 25, 2023 | Benjamin Nolan | Stifel Nicolaus | $8.50 | $10.07 | -15.59% | -15.92% |
| Apr 25, 2023 | Omar Nokta | Jefferies | $12.00 | $10.07 | 19.17% | 18.69% |
| Sep 06, 2022 | - | Jefferies | $10.00 | $7.70 | 29.87% | -1.09% |
The latest DHT stock forecast, released on Oct 15, 2024 by Gregory Lewis from BTIG, set a price target of $16.00, which represents a 42.67% increase from the stock price at the time of the forecast ($11.21), and a 58.26% increase from DHT last price ($10.11).
DHT Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $16.00 | $16.00 | $17.88 |
| Last Closing Price | $10.11 | $10.11 | $10.11 |
| Upside/Downside | 58.26% | 58.26% | 76.85% |
In the current month, the average price target of DHT stock is $16.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 58.26% increase as opposed to DHT's last price of $10.11. This month's average price target is down 0.00% compared to last quarter, and down -10.51% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 17, 2024 | Alliance Global Partners | Buy | Buy | Hold |
| Oct 17, 2024 | Morgan Stanley | - | Equal-Weight | Upgrade |
| Oct 15, 2024 | BTIG | - | Buy | Initialise |
| Jun 26, 2024 | UBS | Buy | Buy | Hold |
| Mar 21, 2024 | Jefferies | Hold | Buy | Upgrade |
| Dec 26, 2023 | Jefferies | Hold | Hold | Hold |
| Dec 26, 2023 | Wells Fargo | - | Underweight | Downgrade |
| Sep 25, 2023 | Jefferies | Hold | Hold | Hold |
| Sep 25, 2023 | Citigroup | Neutral | Neutral | Hold |
| Sep 25, 2023 | RBC Capital | Outperform | Outperform | Hold |
DHT's last stock rating was published by Alliance Global Partners on Oct 17, 2024. The company gave DHT a "Buy" rating, the same as its previous rate.
DHT Financial Forecast
DHT Revenue Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $132.57M | $167.90M | $109.94M | $99.91M | $76.40M | $83.84M | $59.09M | $65.94M | $86.98M | $90.99M | $142.20M |
| Avg Forecast | $178.52M | $176.32M | $174.15M | $172.00M | $174.43M | $102.02M | $118.19M | $142.39M | $132.46M | $95.55M | $102.99M | $125.65M | $117.25M | $86.97M | $102.97M | $106.81M | $95.78M | $89.77M | $109.92M | $93.23M | $111.57M | $61.60M | $49.89M | $41.59M | $46.41M | $41.16M | $47.29M | $67.81M | $86.89M | $104.92M |
| High Forecast | $178.52M | $176.32M | $174.15M | $172.00M | $174.43M | $102.02M | $118.19M | $142.39M | $132.46M | $95.55M | $102.99M | $125.65M | $117.25M | $89.46M | $103.08M | $107.31M | $97.18M | $97.44M | $109.92M | $93.23M | $111.57M | $61.60M | $49.89M | $41.59M | $46.41M | $41.16M | $47.29M | $67.81M | $86.89M | $104.92M |
| Low Forecast | $178.52M | $176.32M | $174.15M | $172.00M | $174.43M | $102.02M | $118.19M | $142.39M | $132.46M | $95.55M | $102.99M | $125.65M | $117.25M | $84.48M | $102.86M | $106.30M | $94.39M | $82.04M | $109.92M | $93.23M | $111.57M | $61.60M | $49.89M | $41.59M | $46.41M | $41.16M | $47.29M | $67.81M | $86.89M | $104.92M |
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.42% | 1.50% | 1.78% | 2.00% | 1.84% | 1.81% | 1.44% | 1.39% | 1.28% | 1.05% | 1.36% |
DHT's average Quarter revenue forecast for Jun 23 based on 6 analysts is $109.92M, with a low forecast of $109.92M, and a high forecast of $109.92M. DHT's average Quarter revenue forecast represents a -17.09% decrease compared to the company's last Quarter revenue of $132.57M (Mar 23).
DHT EBITDA Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $71.98M | $96.03M | $35.22M | $32.08M | $14.19M | $31.83M | $13.28M | $24.15M | $46.37M | $51.38M | $93.09M |
| Avg Forecast | $87.28M | $86.20M | $85.14M | $84.09M | $85.28M | $49.88M | $57.78M | $69.61M | $64.76M | $46.71M | $50.35M | $61.43M | $57.32M | $42.52M | $50.34M | $23.72M | $46.83M | $43.89M | $53.74M | $25.37M | $51.87M | $30.12M | $24.39M | $27.13M | $22.69M | $20.12M | $23.12M | $45.94M | $42.48M | $51.29M |
| High Forecast | $87.28M | $86.20M | $85.14M | $84.09M | $85.28M | $49.88M | $57.78M | $69.61M | $64.76M | $46.71M | $50.35M | $61.43M | $57.32M | $43.74M | $50.40M | $28.46M | $47.51M | $47.64M | $53.74M | $30.44M | $62.25M | $30.12M | $24.39M | $32.56M | $22.69M | $20.12M | $23.12M | $55.13M | $42.48M | $51.29M |
| Low Forecast | $87.28M | $86.20M | $85.14M | $84.09M | $85.28M | $49.88M | $57.78M | $69.61M | $64.76M | $46.71M | $50.35M | $61.43M | $57.32M | $41.30M | $50.29M | $18.98M | $46.14M | $40.11M | $53.74M | $20.29M | $41.50M | $30.12M | $24.39M | $21.71M | $22.69M | $20.12M | $23.12M | $36.75M | $42.48M | $51.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.84% | 1.85% | 1.17% | 1.32% | 0.52% | 1.40% | 0.66% | 1.04% | 1.01% | 1.21% | 1.81% |
6 analysts predict DHT's average Quarter EBITDA for Jun 23 to be $53.74M, with a high of $53.74M and a low of $53.74M. This is -25.34% lower than DHT's previous annual EBITDA (Mar 23) of $71.98M.
DHT Net Income Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $38.18M | $62.02M | $7.03M | $9.72M | $-17.25M | $-2.90M | $-21.03M | $803.00K | $11.61M | $7.62M | $50.67M |
| Avg Forecast | $86.13M | $85.51M | $81.25M | $79.30M | $94.52M | $60.04M | $68.38M | $78.22M | $69.42M | $40.06M | $46.38M | $65.04M | $52.38M | $30.41M | $44.86M | $-18.57M | $34.60M | $32.41M | $55.53M | $-19.86M | $-4.15M | $842.80K | $-9.16M | $-21.24M | $-15.26M | $-19.99M | $-13.93M | $10.71M | $21.86M | $40.53M |
| High Forecast | $86.13M | $85.51M | $81.25M | $79.30M | $94.52M | $60.04M | $68.38M | $78.22M | $69.42M | $40.06M | $46.38M | $65.04M | $52.38M | $30.41M | $45.00M | $-14.85M | $37.74M | $37.27M | $55.53M | $-15.89M | $-3.32M | $842.80K | $-9.16M | $-16.99M | $-15.26M | $-19.99M | $-13.93M | $12.85M | $21.86M | $40.53M |
| Low Forecast | $86.13M | $85.51M | $81.25M | $79.30M | $94.52M | $60.04M | $68.38M | $78.22M | $69.42M | $40.06M | $46.38M | $65.04M | $52.38M | $28.97M | $44.71M | $-22.28M | $31.45M | $24.31M | $55.53M | $-23.83M | $-4.98M | $842.80K | $-9.16M | $-25.49M | $-15.26M | $-19.99M | $-13.93M | $8.57M | $21.86M | $40.53M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.92% | -14.96% | 8.34% | -1.06% | 0.81% | 0.19% | 1.05% | -0.06% | 1.08% | 0.35% | 1.25% |
DHT's average Quarter net income forecast for Jun 23 is $55.53M, with a range of $55.53M to $55.53M. DHT's average Quarter net income forecast represents a 45.46% increase compared to the company's last Quarter net income of $38.18M (Mar 23).
DHT SG&A Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.64M | $2.76M | $3.87M | $4.18M | $6.08M | $1.92M | $4.42M | $4.67M | $5.55M | $4.47M | $4.08M |
| Avg Forecast | $6.36M | $6.28M | $6.20M | $6.13M | $6.21M | $3.63M | $4.21M | $5.07M | $4.72M | $3.40M | $3.67M | $4.48M | $4.18M | $3.10M | $3.67M | $6.54M | $3.41M | $3.20M | $3.91M | $6.99M | $2.75M | $2.19M | $1.78M | $7.48M | $1.65M | $1.47M | $1.68M | $5.12M | $3.09M | $3.74M |
| High Forecast | $6.36M | $6.28M | $6.20M | $6.13M | $6.21M | $3.63M | $4.21M | $5.07M | $4.72M | $3.40M | $3.67M | $4.48M | $4.18M | $3.19M | $3.67M | $7.85M | $3.46M | $3.47M | $3.91M | $8.39M | $3.29M | $2.19M | $1.78M | $8.98M | $1.65M | $1.47M | $1.68M | $6.15M | $3.09M | $3.74M |
| Low Forecast | $6.36M | $6.28M | $6.20M | $6.13M | $6.21M | $3.63M | $4.21M | $5.07M | $4.72M | $3.40M | $3.67M | $4.48M | $4.18M | $3.01M | $3.66M | $5.23M | $3.36M | $2.92M | $3.91M | $5.60M | $2.20M | $2.19M | $1.78M | $5.98M | $1.65M | $1.47M | $1.68M | $4.10M | $3.09M | $3.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.66% | 1.01% | 1.76% | 2.35% | 0.81% | 1.16% | 3.01% | 2.77% | 1.08% | 1.44% | 1.09% |
DHT's average Quarter SG&A projection for Jun 23 is $3.91M, based on 6 Wall Street analysts, with a range of $3.91M to $3.91M. The forecast indicates a -15.57% fall compared to DHT last annual SG&A of $4.64M (Mar 23).
DHT EPS Forecast
| Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 5 | 4 | 1 | 2 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.23 | $0.38 | $0.04 | $0.06 | $-0.10 | $-0.02 | $-0.13 | - | $0.07 | $0.04 | $0.32 |
| Avg Forecast | $0.53 | $0.53 | $0.50 | $0.49 | $0.59 | $0.37 | $0.42 | $0.48 | $0.43 | $0.25 | $0.29 | $0.40 | $0.32 | $0.19 | $0.28 | $0.30 | $0.21 | $0.20 | $0.34 | $0.25 | $0.34 | $0.01 | $-0.06 | $-0.12 | $-0.09 | $-0.12 | $-0.09 | $0.03 | $0.14 | $0.25 |
| High Forecast | $0.53 | $0.53 | $0.50 | $0.49 | $0.59 | $0.37 | $0.42 | $0.48 | $0.43 | $0.25 | $0.29 | $0.40 | $0.32 | $0.19 | $0.28 | $0.30 | $0.23 | $0.23 | $0.34 | $0.25 | $0.34 | $0.01 | $-0.06 | $-0.12 | $-0.09 | $-0.12 | $-0.09 | $0.03 | $0.14 | $0.25 |
| Low Forecast | $0.53 | $0.53 | $0.50 | $0.49 | $0.59 | $0.37 | $0.42 | $0.48 | $0.43 | $0.25 | $0.29 | $0.40 | $0.32 | $0.18 | $0.28 | $0.30 | $0.19 | $0.15 | $0.34 | $0.25 | $0.34 | $0.01 | $-0.06 | $-0.12 | $-0.09 | $-0.12 | $-0.09 | $0.03 | $0.14 | $0.25 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | 1.11% | 7.66% | -1.06% | 0.80% | 0.18% | 1.05% | -0.05% | 2.35% | 0.30% | 1.28% |
According to 6 Wall Street analysts, DHT's projected average Quarter EPS for Jun 23 is $0.34, with a low estimate of $0.34 and a high estimate of $0.34. This represents a 49.52% increase compared to DHT previous annual EPS of $0.23 (Mar 23).
DHT Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| TRMD | TORM | $25.49 | $45.00 | 76.54% | Buy |
| DHT | DHT | $10.11 | $16.90 | 67.16% | Buy |
| TNK | Teekay Tankers | $46.58 | $76.00 | 63.16% | Buy |
| FRO | Frontline | $19.13 | $28.67 | 49.87% | Buy |
| INSW | International Seaways | $43.19 | $56.00 | 29.66% | Buy |
| EURN | Euronav NV | $16.74 | $21.00 | 25.45% | Hold |
| STNG | Scorpio Tankers | $57.92 | $69.83 | 20.56% | Buy |
DHT Forecast FAQ
Is DHT a good buy?
Yes, according to 8 Wall Street analysts, DHT (DHT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 62.50% of DHT's total ratings.
What is DHT's price target?
DHT (DHT) average price target is $16.9 with a range of $11 to $30.5, implying a 67.16% from its last price of $10.11. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will DHT stock go up soon?
According to Wall Street analysts' prediction for DHT stock, the company can go up by 67.16% (from the last price of $10.11 to the average price target of $16.9), up by 201.68% based on the highest stock price target, and up by 8.80% based on the lowest stock price target.
Can DHT stock reach $20?
DHT's highest twelve months analyst stock price target of $30.5 supports the claim that DHT can reach $20 in the near future.
What is DHT's current price target trend?
1 Wall Street analyst forecast a $16 price target for DHT (DHT) this month, up 58.26% from its last price of $10.11. Compared to the last 3 and 12 months, the average price target increased by 58.26% and increased by 76.85%, respectively.
What are DHT's analysts' financial forecasts?
DHT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $537.02M (high $537.02M, low $537.02M), average EBITDA is $262.54M (high $262.54M, low $262.54M), average net income is $301.16M (high $301.16M, low $301.16M), average SG&A $19.13M (high $19.13M, low $19.13M), and average EPS is $1.86 (high $1.86, low $1.86). DHT's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $701M (high $701M, low $701M), average EBITDA is $342.71M (high $342.71M, low $342.71M), average net income is $332.2M (high $332.2M, low $332.2M), average SG&A $24.97M (high $24.97M, low $24.97M), and average EPS is $2.06 (high $2.06, low $2.06).
Did the DHT's actual financial results beat the analysts' financial forecasts?
Based on DHT's last annual report (Dec 2022), the company's revenue was $454.14M, beating the average analysts forecast of $264.66M by 71.59%. Apple's EBITDA was $177.52M, beating the average prediction of $133.52M by 32.96%. The company's net income was $61.52M, missing the average estimation of $-33.702M by -282.54%. Apple's SG&A was $16.89M, beating the average forecast of $14.2M by 18.96%. Lastly, the company's EPS was $0.37, beating the average prediction of $0.167 by 121.17%. In terms of the last quarterly report (Mar 2023), DHT's revenue was $132.57M, beating the average analysts' forecast of $93.23M by 42.19%. The company's EBITDA was $71.98M, beating the average prediction of $25.37M by 183.72%. DHT's net income was $38.18M, missing the average estimation of $-19.858M by -292.25%. The company's SG&A was $4.64M, missing the average forecast of $6.99M by -33.70%. Lastly, the company's EPS was $0.23, missing the average prediction of $0.248 by -7.19%