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 29.81% upside from DHT’s last price of $11.17) 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 29.81% upside from DHT's last price of $11.17.

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

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Nov 13, 2024	Jonathan Chappell	Evercore ISI	$13.00	$10.92	19.05%	16.38%
Oct 15, 2024	Gregory Lewis	BTIG	$16.00	$11.21	42.67%	43.24%
Mar 21, 2024	Omar Nokta	Jefferies	$14.00	$11.44	22.38%	25.34%
Dec 26, 2023	Benjamin Nolan	Stifel Nicolaus	$3.30	$3.05	8.20%	-70.46%
Dec 26, 2023	John White	Roth Capital	$9.15	$3.05	200.00%	-18.08%
Sep 25, 2023	TJ Schultz	RBC Capital	$13.00	$10.07	29.11%	16.38%
Sep 25, 2023	Omar Nokta	Jefferies	$10.00	$10.07	-0.69%	-10.47%
May 22, 2023	Benjamin Nolan	Stifel Nicolaus	$12.00	$8.21	46.14%	7.43%
Apr 25, 2023	Omar Nokta	Jefferies	$12.00	$10.07	19.17%	7.43%
Apr 25, 2023	Benjamin Nolan	Stifel Nicolaus	$8.50	$10.07	-15.59%	-23.90%
Sep 06, 2022		Jefferies	$10.00	$7.70	29.87%	-10.47%

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 16.38% increase from DHT last price ($11.17).

DHT Price Target by Period

	1M	3M	12M
# Anlaysts	-	1	3
Avg Price Target	-	$13.00	$14.33
Last Closing Price	$11.17	$11.17	$11.17
Upside/Downside	-100.00%	16.38%	28.29%

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 $11.17. 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

Date	Company	Previous Rating	New Rating	Rating Change
Nov 13, 2024	Evercore ISI	Outperform	Outperform	Hold
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	RBC Capital	Outperform	Outperform	Hold
Sep 25, 2023	Citigroup	Neutral	Neutral	Hold
May 22, 2023	UBS	Buy	Buy	Hold
Apr 25, 2023	Jefferies	Buy	Buy	Hold
Nov 29, 2022	Jefferies	Buy	Buy	Hold
Sep 06, 2022	Jefferies	Buy	Buy	Hold

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 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	$166.97M	$164.91M	$162.88M	$160.87M	$180.20M	$107.00M	$126.40M	$121.40M	$127.76M	$103.68M	$108.45M	$105.65M	$89.61M	$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	$209.06M	$206.48M	$203.94M	$201.42M	$225.62M	$133.97M	$158.26M	$152.00M	$159.96M	$129.82M	$135.79M	$132.28M	$95.76M	$90.44M	$103.08M	$107.31M	$97.18M	$97.44M	$137.62M	$116.73M	$127.05M	$61.60M	$49.89M	$41.59M	$46.41M	$41.16M	$47.29M	$67.81M	$86.89M	$104.92M
Low Forecast	$150.42M	$148.57M	$146.73M	$144.93M	$162.34M	$96.39M	$113.87M	$109.37M	$115.10M	$93.40M	$97.70M	$95.18M	$83.44M	$84.58M	$102.86M	$106.30M	$94.39M	$82.04M	$99.02M	$83.99M	$99.19M	$61.60M	$49.89M	$41.59M	$46.41M	$41.16M	$47.29M	$67.81M	$86.89M	$104.92M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	2	4	2	1	1	2	7	3	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 3 analysts is $109.92M, with a low forecast of $99.02M, and a high forecast of $137.62M. 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	1	1	1	1	1	1	1	1	1	1	1	2	4	2	1	1	2	7	3	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	$85.27M	$84.22M	$83.18M	$82.16M	$92.03M	$54.64M	$64.55M	$62.00M	$65.25M	$52.95M	$55.39M	$53.95M	$45.76M	$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	$106.77M	$105.45M	$104.15M	$102.87M	$115.22M	$68.42M	$80.82M	$77.63M	$81.69M	$66.30M	$69.35M	$67.55M	$48.91M	$46.19M	$52.64M	$28.46M	$49.63M	$49.76M	$70.28M	$30.44M	$62.25M	$30.12M	$24.39M	$32.56M	$22.69M	$20.12M	$23.12M	$55.13M	$42.48M	$51.29M
Low Forecast	$76.82M	$75.87M	$74.94M	$74.01M	$82.90M	$49.23M	$58.15M	$55.85M	$58.78M	$47.70M	$49.89M	$48.61M	$42.61M	$43.20M	$52.53M	$18.98M	$48.20M	$41.90M	$50.57M	$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 $70.28M and a low of $50.57M. This is -22.01% 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	1	1	1	1	1	1	1	1	1	1	1	2	4	2	1	1	2	7	3	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	$71.15M	$70.60M	$67.13M	$65.42M	$93.97M	$58.16M	$67.85M	$63.01M	$66.41M	$42.94M	$49.13M	$47.60M	$31.89M	$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	$94.46M	$93.73M	$89.13M	$86.86M	$124.76M	$77.22M	$90.09M	$83.65M	$88.18M	$57.01M	$65.22M	$51.92M	$37.68M	$31.74M	$45.02M	$-14.85M	$37.76M	$37.29M	$73.76M	$-15.89M	$-3.32M	$842.80K	$-9.16M	$-16.99M	$-15.26M	$-19.99M	$-13.93M	$12.85M	$21.86M	$40.53M
Low Forecast	$61.98M	$61.50M	$58.48M	$56.99M	$81.86M	$50.66M	$59.11M	$54.89M	$57.85M	$37.41M	$42.79M	$43.27M	$26.09M	$30.28M	$44.73M	$-22.28M	$31.46M	$24.32M	$48.40M	$-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 $48.40M to $73.76M. 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 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	1	1	1	1	1	1	1	1	1	1	1	2	4	2	1	1	2	7	3	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	$5.94M	$5.87M	$5.79M	$5.72M	$6.41M	$3.81M	$4.50M	$4.32M	$4.54M	$3.69M	$3.86M	$3.76M	$3.19M	$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	$7.44M	$7.34M	$7.25M	$7.16M	$8.02M	$4.76M	$5.63M	$5.41M	$5.69M	$4.62M	$4.83M	$4.70M	$3.41M	$3.22M	$3.67M	$7.85M	$3.46M	$3.47M	$4.89M	$8.39M	$3.29M	$2.19M	$1.78M	$8.98M	$1.65M	$1.47M	$1.68M	$6.15M	$3.09M	$3.74M
Low Forecast	$5.35M	$5.28M	$5.22M	$5.15M	$5.77M	$3.43M	$4.05M	$3.89M	$4.09M	$3.32M	$3.47M	$3.39M	$2.97M	$3.01M	$3.66M	$5.23M	$3.36M	$2.92M	$3.52M	$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 $3.52M to $4.89M. The forecast indicates a -15.69% 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	1	1	1	1	1	1	1	1	1	1	1	2	4	2	1	1	2	7	3	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	$0.44	$0.44	$0.42	$0.40	$0.58	$0.36	$0.42	$0.39	$0.41	$0.27	$0.30	$0.29	$0.20	$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	$0.58	$0.58	$0.55	$0.54	$0.77	$0.48	$0.56	$0.52	$0.55	$0.35	$0.40	$0.32	$0.23	$0.20	$0.28	$0.30	$0.23	$0.23	$0.46	$0.33	$0.41	$0.01	$-0.06	$-0.12	$-0.09	$-0.12	$-0.09	$0.03	$0.14	$0.25
Low Forecast	$0.38	$0.38	$0.36	$0.35	$0.51	$0.31	$0.37	$0.34	$0.36	$0.23	$0.26	$0.27	$0.16	$0.19	$0.28	$0.30	$0.19	$0.15	$0.30	$0.22	$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 $0.30 and a high estimate of $0.46. 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	$19.52	$45.00	130.53%	Buy
TNK	Teekay Tankers	$41.02	$76.00	85.28%	Buy
FRO	Frontline	$16.94	$27.50	62.34%	Buy
STNG	Scorpio Tankers	$47.78	$72.75	52.26%	Buy
INSW	International Seaways	$37.48	$53.00	41.41%	Buy
DHT	DHT	$11.17	$14.50	29.81%	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 29.81% from its last price of $11.17. 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 29.81% (from the last price of $11.17 to the average price target of $14.5), up by 43.24% based on the highest stock price target, and up by 16.38% based on the lowest stock price target.

Can DHT stock reach $20?

DHT's average twelve months analyst stock price target of $14.5 does not support the claim that DHT can reach $20 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 $535M (high $669.85M, low $481.96M), average EBITDA is $273.22M (high $342.09M, low $246.14M), average net income is $282.98M (high $375.71M, low $246.51M), average SG&A $19.03M (high $23.82M, low $17.14M), and average EPS is $1.75 (high $2.33, low $1.53). DHT's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $655.64M (high $820.91M, low $590.65M), average EBITDA is $334.83M (high $419.23M, low $301.64M), average net income is $274.3M (high $364.19M, low $238.95M), average SG&A $23.32M (high $29.2M, low $21.01M), and average EPS is $1.7 (high $2.25, low $1.48).

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%