DHT Stock Recent News
DHT LATEST HEADLINES
HAMILTON, BERMUDA, May 3, 2024 - DHT Holdings, Inc. (NYSE: DHT or the “Company”) will release its first quarter 2024 results after market close on Tuesday, May 14, 2024.
DHT Holdings (DHT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
We Have Increased Our Stake In DHT Holdings
DHT Holdings ordered four new scrubber-fitted vessels, expected to be delivered between April and December 2026, at an average price per ship of $128.5 million. DHT maintains a prudent capital structure with a gross LTV of 20.9%. The company has ample liquidity. DHT delivered $251 million in operating cash and $193 million in operating income. FY23 Adjusted EBITDA reached $302 million, 77% higher than in 2022. The bottom line, EPS FY23 is $0.99/share, while FY22 is $0.48/share.
DHT Holdings (DHT) came out with quarterly earnings of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.38 per share a year ago.
HAMILTON, BERMUDA, January 30, 2024 - DHT Holdings, Inc. (NYSE: DHT or the “Company”) will release its fourth quarter 2023 results after market close on Tuesday, February 6, 2024.
DHT Holdings is a VLCC pure play with a fleet of 24 VLCCs, all equipped with scrubbers. In 4Q23, DHT's average TCE was $42,800 per day, 1.1% higher than in 3Q23. Time charters were fixed at 12.1% higher rates than 3Q23. The company has ample liquidity with $73 million cash, while 3Q23 delivered $55 million operating cash flow and $39 million operating income.
DHT Holdings, Inc. (NYSE:DHT ) Q3 2023 Earnings Conference Call November 7, 2023 8:00 AM ET Company Participants Laila Halvorsen - CFO Svein Moxnes Harfjeld - President & CEO Conference Call Participants Omar Nokta - Jefferies Frode Morkedal - Clarksons Securities Operator Good day, and thank you for standing by. Welcome to the Q3 2023 DHT Holdings, Inc. Earnings Conference Call.
DHT Holdings, Inc. operates VLCCs in a segment of the shipping market that is currently showing signs of firming up. The company's management is paying out 100% of its earnings to shareholders, which is rare in the shipping industry. Analysts are estimating forward yields of 13%-15% for DHT Holdings, but shipping investors know that these yields can be volatile.
DHT Holdings (DHT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.