DHT Holdings, Inc. (DHT) AI Stock Analysis

DHT Holdings, Inc., headquartered in Hamilton, Bermuda, operates in the global maritime industry specializing in the ownership and operation of crude oil tankers. The company manages a fleet of very large crude carriers (VLCCs) across maritime hubs including Monaco, Singapore, and Norway. As of March 2022, it maintained 26 VLCCs with a combined deadweight capacity of approximately 8,043,657 tons. Founded in 2005, DHT plays an essential role in the global energy supply chain, transporting crude oil across major international shipping routes while emphasizing vessel utilization, safety, and sustainable shipping practices.

Annual revenue fluctuated from $295.9M in FY2021 to $571.8M in FY2024 before falling 13.0% to $497.2M in FY2025. Despite top-line swings and a 5-year revenue CAGR of -6.4% from FY2020 to FY2025, net income improved from -$11.5M in FY2021 to $211.1M in FY2025, representing a 42.5% net margin. Trailing twelve months revenue totaled $798.7M with diluted EPS of $2.94. In the latest quarter ended June 30, 2026, quarterly revenue grew 95.5% year-over-year, while quarterly earnings grew 252.3%.

As of June 30, 2026, DHT held $161.7M in cash and short-term investments against total debt of $434.8M, resulting in net debt of $273.1M. Shareholders' equity stood at $1.33B with a debt-to-equity ratio of 0.33 and a current ratio of 3.64. In FY2025, operating cash flow was $276.6M. Capital expenditures of $309.9M resulted in free cash flow of -$33.3M, and cash dividends paid totaled $118.9M.

DHT carries a market capitalization of $3.81B and an enterprise value of $3.70B. It trades at a trailing P/E of 8.0x and an EV/EBITDA of 6.2x, both below the median of its US-listed Energy peers of 15.0x and 8.0x, respectively. However, its price-to-sales of 4.8x exceeds the peer group median of 1.8x. DHT's stock gained 128.2% over the past year, outperforming the S&P 500 (SPY) return of 16.8%.

DHT pays a quarterly dividend with an annualized forward payout of $4.88 per share, representing a dividend yield of 20.68%. The company has paid dividends for 21 consecutive years, though its 5-year annualized dividend growth stands at -11.3%. Its payout ratio is 96.1%, and the last ex-dividend date occurred on August 17, 2026.

Wall Street coverage includes 2 Strong Buy, 1 Buy, and 3 Hold ratings, with no Sell or Strong Sell ratings. The mean price target of $24.85 implies 5.3% upside compared to the last close of $23.60. For FY2026, consensus estimates project EPS of $4.73 on revenue of $988.0M, followed by an EPS decline of 47.0% to $2.50 in FY2027. The company beat EPS estimates in each of the last 4 quarters, and its next earnings release is scheduled for November 4, 2026.

This page is an AI-written research summary of DHT Holdings, Inc. (DHT). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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