DHT (DHT) Stock Forecast, Price Target & Predictions


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DHT Stock Forecast


DHT stock forecast is as follows: an average price target of $14.50 (represents a 62.01% upside from DHT’s last price of $8.95) and a rating consensus of 'Buy', based on 9 wall street analysts offering a 1-year stock forecast.

DHT Price Target


The average price target for DHT (DHT) is $14.50 based on 1-year price targets from 9 Wall Street analysts in the past 3 months, with a price target range of $16.00 to $13.00. This represents a potential 62.01% upside from DHT's last price of $8.95.

DHT Analyst Ratings


Buy

According to 9 Wall Street analysts, DHT's rating consensus is 'Buy'. The analyst rating breakdown for DHT stock is 0 'Strong Buy' (0.00%), 6 'Buy' (66.67%), 2 'Hold' (22.22%), 1 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

DHT Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 13, 2024Jonathan ChappellEvercore ISI$13.00$10.9219.05%45.25%
Oct 15, 2024Gregory LewisBTIG$16.00$11.2142.67%78.77%
Mar 21, 2024Omar NoktaJefferies$14.00$11.4422.38%56.42%
Dec 26, 2023Benjamin NolanStifel Nicolaus$3.30$3.058.20%-63.13%
Dec 26, 2023John WhiteRoth Capital$9.15$3.05200.00%2.23%
Sep 25, 2023TJ SchultzRBC Capital$13.00$10.0729.11%45.25%
Sep 25, 2023Omar NoktaJefferies$10.00$10.07-0.69%11.73%
May 22, 2023Benjamin NolanStifel Nicolaus$12.00$8.2146.14%34.08%
Apr 25, 2023Omar NoktaJefferies$12.00$10.0719.17%34.08%
Apr 25, 2023Benjamin NolanStifel Nicolaus$8.50$10.07-15.59%-5.03%
Sep 06, 2022Jefferies$10.00$7.7029.87%11.73%

The latest DHT stock forecast, released on Nov 13, 2024 by Jonathan Chappell from Evercore ISI, set a price target of $13.00, which represents a 19.05% increase from the stock price at the time of the forecast ($10.92), and a 45.25% increase from DHT last price ($8.95).

DHT Price Target by Period


1M3M12M
# Anlaysts-25
Avg Price Target-$14.50$11.09
Last Closing Price$8.95$8.95$8.95
Upside/Downside-100.00%62.01%23.91%

In the current month, the average price target of DHT stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to DHT's last price of $8.95. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Nov 13, 2024Evercore ISIOutperformOutperformHold
Oct 17, 2024Alliance Global PartnersBuyBuyHold
Oct 17, 2024Morgan StanleyEqual-WeightUpgrade
Oct 15, 2024BTIGBuyInitialise
Jun 26, 2024UBSBuyBuyHold
Mar 21, 2024JefferiesHoldBuyUpgrade
Dec 26, 2023JefferiesHoldHoldHold
Dec 26, 2023Wells FargoUnderweightDowngrade
Sep 25, 2023JefferiesHoldHoldHold
Sep 25, 2023RBC CapitalOutperformOutperformHold
Sep 25, 2023CitigroupNeutralNeutralHold
May 22, 2023UBSBuyBuyHold
Apr 25, 2023JefferiesBuyBuyHold
Nov 29, 2022JefferiesBuyBuyHold
Sep 06, 2022JefferiesBuyBuyHold

DHT's last stock rating was published by Evercore ISI on Nov 13, 2024. The company gave DHT a "Outperform" rating, the same as its previous rate.

DHT Financial Forecast


DHT Revenue Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 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$166.97M$164.91M$162.88M$160.87M$174.40M$102.00M$118.20M$142.40M$137.60M$95.05M$100.14M$123.47M$92.86M$87.51M$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$190.13M$187.79M$185.47M$183.19M$198.59M$116.15M$134.59M$162.15M$156.68M$108.24M$114.03M$140.59M$99.24M$90.44M$103.08M$107.31M$97.18M$97.44M$125.16M$106.16M$127.05M$61.60M$49.89M$41.59M$46.41M$41.16M$47.29M$67.81M$86.89M$104.92M
Low Forecast$148.45M$146.62M$144.81M$143.03M$155.05M$90.68M$105.09M$126.60M$122.33M$84.51M$89.03M$109.77M$86.47M$84.58M$102.86M$106.30M$94.39M$82.04M$97.72M$82.89M$99.19M$61.60M$49.89M$41.59M$46.41M$41.16M$47.29M$67.81M$86.89M$104.92M
# Analysts111111111112421127332222345669
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 3 analysts is $109.92M, with a low forecast of $97.72M, and a high forecast of $125.16M. 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 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111112421127332222345669
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$85.27M$84.22M$83.18M$82.16M$89.07M$52.09M$60.36M$72.72M$70.27M$48.54M$51.14M$63.06M$47.42M$44.69M$52.59M$23.72M$48.92M$45.85M$56.13M$25.37M$51.87M$30.12M$24.39M$27.13M$22.69M$20.12M$23.12M$45.94M$42.48M$51.29M
High Forecast$97.10M$95.90M$94.72M$93.55M$101.42M$59.32M$68.74M$82.81M$80.02M$55.28M$58.24M$71.80M$50.68M$46.19M$52.64M$28.46M$49.63M$49.76M$63.92M$30.44M$62.25M$30.12M$24.39M$32.56M$22.69M$20.12M$23.12M$55.13M$42.48M$51.29M
Low Forecast$75.81M$74.88M$73.95M$73.04M$79.18M$46.31M$53.67M$64.66M$62.47M$43.16M$45.47M$56.06M$44.16M$43.20M$52.53M$18.98M$48.20M$41.90M$49.91M$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%

3 analysts predict DHT's average Quarter EBITDA for Jun 23 to be $56.13M, with a high of $63.92M and a low of $49.91M. This is -22.01% lower than DHT's previous annual EBITDA (Mar 23) of $71.98M.

DHT Net Income Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111112421127332222345669
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$86.14M$85.57M$81.44M$79.53M$96.36M$63.01M$70.28M$78.35M$75.66M$40.12M$44.97M$62.77M$35.28M$31.01M$44.88M$-18.57M$34.61M$32.42M$55.56M$-19.86M$-4.15M$842.80K$-9.16M$-21.24M$-15.26M$-19.99M$-13.93M$10.71M$21.86M$40.53M
High Forecast$101.68M$100.99M$96.12M$93.88M$113.73M$74.37M$82.95M$92.48M$89.30M$47.35M$53.07M$73.24M$41.70M$31.74M$45.02M$-14.85M$37.76M$37.29M$65.57M$-15.89M$-3.32M$842.80K$-9.16M$-16.99M$-15.26M$-19.99M$-13.93M$12.85M$21.86M$40.53M
Low Forecast$73.72M$73.23M$69.69M$68.06M$82.46M$53.92M$60.14M$67.05M$64.75M$34.33M$38.48M$50.22M$28.86M$30.28M$44.73M$-22.28M$31.46M$24.32M$47.54M$-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 $55.56M, with a range of $47.54M to $65.57M. DHT's average Quarter net income forecast represents a 45.52% increase compared to the company's last Quarter net income of $38.18M (Mar 23).

DHT SG&A Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111112421127332222345669
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$5.94M$5.87M$5.79M$5.72M$6.20M$3.63M$4.20M$5.06M$4.89M$3.38M$3.56M$4.39M$3.30M$3.11M$3.66M$6.54M$3.41M$3.19M$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$6.76M$6.68M$6.60M$6.52M$7.06M$4.13M$4.79M$5.77M$5.57M$3.85M$4.06M$5.00M$3.53M$3.22M$3.67M$7.85M$3.46M$3.47M$4.45M$8.39M$3.29M$2.19M$1.78M$8.98M$1.65M$1.47M$1.68M$6.15M$3.09M$3.74M
Low Forecast$5.28M$5.21M$5.15M$5.09M$5.51M$3.23M$3.74M$4.50M$4.35M$3.01M$3.17M$3.90M$3.08M$3.01M$3.66M$5.23M$3.36M$2.92M$3.48M$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 3 Wall Street analysts, with a range of $3.48M to $4.45M. The forecast indicates a -15.69% fall compared to DHT last annual SG&A of $4.64M (Mar 23).

DHT EPS Forecast

Dec 27Sep 27Jun 27Mar 27Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20
# Analysts111111111112421127332222345669
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$0.60$0.39$0.43$0.48$0.47$0.25$0.28$0.39$0.22$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$0.63$0.63$0.59$0.58$0.70$0.46$0.51$0.57$0.55$0.29$0.33$0.45$0.26$0.20$0.28$0.30$0.23$0.23$0.41$0.29$0.41$0.01$-0.06$-0.12$-0.09$-0.12$-0.09$0.03$0.14$0.25
Low Forecast$0.46$0.45$0.43$0.42$0.51$0.33$0.37$0.42$0.40$0.21$0.24$0.31$0.18$0.19$0.28$0.30$0.19$0.15$0.29$0.21$0.29$0.01$-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 3 Wall Street analysts, DHT's projected average Quarter EPS for Jun 23 is $0.34, with a low estimate of $0.29 and a high estimate of $0.41. This represents a 49.52% increase compared to DHT previous annual EPS of $0.23 (Mar 23).

DHT Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
TRMDTORM$18.29$45.00146.04%Buy
TNKTeekay Tankers$37.84$76.00100.85%Buy
FROFrontline$13.83$27.5098.84%Buy
INSWInternational Seaways$33.28$56.0068.27%Buy
DHTDHT$9.00$14.5061.11%Buy
STNGScorpio Tankers$47.15$72.7554.29%Buy

DHT Forecast FAQ


Is DHT a good buy?

Yes, according to 9 Wall Street analysts, DHT (DHT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 6 'Buy' recommendations, accounting for 66.67% of DHT's total ratings.

What is DHT's price target?

DHT (DHT) average price target is $14.5 with a range of $13 to $16, implying a 62.01% from its last price of $8.95. The data is based on 9 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 62.01% (from the last price of $8.95 to the average price target of $14.5), up by 78.77% based on the highest stock price target, and up by 45.25% based on the lowest stock price target.

Can DHT stock reach $13?

DHT's average twelve months analyst stock price target of $14.5 supports the claim that DHT can reach $13 in the near future.

What are DHT's analysts' financial forecasts?

DHT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $537M (high $611.48M, low $477.42M), average EBITDA is $274.24M (high $312.28M, low $243.82M), average net income is $307.99M (high $363.52M, low $263.57M), average SG&A $19.1M (high $21.75M, low $16.98M), and average EPS is $1.91 (high $2.25, low $1.63). DHT's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $655.64M (high $746.58M, low $582.9M), average EBITDA is $334.83M (high $381.27M, low $297.69M), average net income is $332.68M (high $392.67M, low $284.7M), average SG&A $23.32M (high $26.55M, low $20.73M), and average EPS is $2.06 (high $2.43, low $1.76).

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%