DHT Holdings Downgraded to Hold Amid Lower Earnings Outlook
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 03 2026
0mins
Should l Buy DHT?
Source: seekingalpha
- Rating Downgrade: ABG Sundal Collier downgraded DHT Holdings from Buy to Hold with a price target of $14.30, anticipating lower earnings primarily due to the recent sale of DHT Bauhinia for $51.5 million.
- Revenue Expectations Missed: DHT reported that 66% of available revenue days for Q1 were booked at an average day rate of $51,500, failing to meet market expectations and leading to a pessimistic outlook for future revenues.
- EBITDA Forecast Reduction: Analysts lowered their Q1 EBITDA projection by 14% to $110 million, reflecting reduced earnings capacity and disappointing Q1 2026 bookings, with revised EBITDA forecasts of $460 million for FY 2026 and $426 million for FY 2027.
- Market Reaction: DHT Holdings saw a 0.6% decline in Tuesday's trading, indicating investor concerns over the company's future profitability, particularly amid volatility in the tanker market.
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Analyst Views on DHT
Wall Street analysts forecast DHT stock price to fall
2 Analyst Rating
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 18.110
Low
14.30
Averages
16.15
High
18.00
Current: 18.110
Low
14.30
Averages
16.15
High
18.00
About DHT
DHT Holdings, Inc. is an independent crude oil tanker company. Its primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of crude oil tankers in the Very Large Crude Carriers (VLCC) segment. The Company operates its vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. Its principal activity is the ownership and operation of a fleet of crude oil carriers. Its fleet consisted of approximately 23 VLCC crude oil tankers. The fleet operates globally on international routes. The Company's fleet comprises DHT Addax, DHT Antelope, DHT Gazelle, DHT Impala, DHT Appaloosa, DHT Mustang, DHT Bronco, DHT Colt, DHT Stallion, DHT Tiger, DHT Puma, DHT Panther, DHT Osprey, DHT Leopard, DHT Jaguar, DHT Taiga, DHT Sundarbans, and DHT Scandinavia, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Iran Establishes Toll Corridor in Strait of Hormuz Amid Shipping Crisis
- Shipping Corridor Control: Iran has established a de facto safe shipping corridor near Larak Island in the Strait of Hormuz, resulting in a 90% drop in traffic since February 28, which has caused one of the most severe energy supply shocks globally.
- Toll System Implementation: The Iranian parliament passed a bill to impose fees on vessels transiting the strait, a move that, despite international legal disputes, would institutionalize Tehran's financial control over this critical waterway.
- Selective Passage: All 57 transits recorded since March 13 have taken the Larak detour, indicating strict vetting by the IRGC, which prioritizes vessels from countries with friendly relations, thereby increasing uncertainty in international shipping.
- International Response: While Iran claims the right to charge transit fees, legal experts argue that such unilateral measures may face strong diplomatic and legal challenges under the framework of the United Nations Convention on the Law of the Sea.
See More
DHT Holdings Announces Delivery of Two New Vessels
- Fleet Modernization: DHT Holdings has announced the delivery of the DHT Gazelle, a VLCC newbuilding from Hyundai Samho Heavy Industries, marking a continued effort in its fleet modernization program that is expected to enhance operational efficiency and profitability.
- Long-Term Charter Agreement: The DHT Gazelle will commence a five- to seven-year time charter with a major oil company, providing a stable revenue stream that strengthens the company's competitive position in the market.
- Delivery Schedule Update: DHT also confirmed the delivery of the DHT China, built in 2007, with the final newbuilding expected in June 2026, further optimizing the company's fleet structure and operational capabilities.
- Financial Robustness: All newbuildings are fully funded, enhancing the company's earnings power and service offerings, reflecting DHT's prudent capital allocation and operational management strategies.
See More
DHT Holdings Stock Surpasses Analyst Target Price
- Stock Performance: DHT Holdings' shares recently rose to $17.86, surpassing the average analyst 12-month target price of $17.51, indicating increased market confidence and potentially attracting more investor interest.
- Analyst Reactions: Analysts may respond to the stock's breach of the target price by either downgrading their valuations or raising their target prices, with 7 analysts providing targets ranging from $13.80 to $23.00, reflecting varied market perspectives on the company's outlook.
- Market Signal: The breach of the target price offers investors a good signal to reassess the company, prompting them to consider whether the current valuation is justified or if it’s time to take profits to mitigate risk.
- Analyst Ratings: According to Zacks data, the average rating for DHT Holdings ranges from 1 to 5, showcasing diverse market opinions on the stock, and investors should pay attention to the latest research reports from analysts for further insights.
See More
DHT Holdings Sees Surge in Options Trading Volume
- Surge in Options Volume: DHT Holdings Inc experienced an options trading volume of 54,953 contracts, equivalent to approximately 5.5 million shares, representing 80.3% of its average daily trading volume of 6.8 million shares over the past month, indicating strong market interest.
- High Strike Price Focus: Notably, the $19 strike call option expiring on April 17, 2026, saw 33,493 contracts traded today, representing about 3.3 million underlying shares, suggesting investor expectations for future price increases.
- Anterix Options Activity: In comparison, Anterix Inc recorded an options trading volume of 3,200 contracts, equivalent to approximately 320,000 shares, which is 77.1% of its average daily trading volume of 414,895 shares, reflecting active market engagement.
- Liquid Strike Price: The $45 strike call option for Anterix saw a trading volume of 1,944 contracts today, representing about 194,400 underlying shares, indicating optimistic sentiment among investors regarding the stock's future performance.
See More
Strait of Hormuz Blockade Raises Global Oil Supply Concerns
- Shipping Traffic Plummets: Since the onset of the conflict on February 28, only 21 tankers have transited the Strait of Hormuz, a drastic drop from over 100 daily before the war, potentially leading to soaring global oil prices and a supply crisis.
- Chinese Vessel Transit: During the conflict, 11 China-linked vessels successfully navigated the Strait, despite state-owned Cosco Shipping suspending new bookings, indicating a strategic shift in China's shipping approach to mitigate risks in the region.
- Random Attacks Heighten Uncertainty: The International Maritime Organization reports that at least 16 vessels have been struck near the UAE and Iraq, with attacks lacking a discernible pattern, increasing shipping uncertainty and forcing shipowners to seek alternative routes.
- Congestion on Alternative Routes: At the war's onset, 81 container ships were bound for the Strait, with 43 rerouting to other ports, causing significant congestion in alternative hubs like Fujairah and Sohar, thereby impacting global supply chain efficiency.
See More
Insider at DHT Holdings (DHT.US) Plans to Sell $210.37 Million in Common Stock via Form 144
Stock Sale Announcement: BW Group Limited plans to sell 11.66 million shares of DHT Holdings, with a total market value of approximately $210.37 million.
Shareholding Reduction: BW Group Limited has reduced its shareholding in DHT Holdings by 5.2 million shares since January 8, 2026, valued at around $81.36 million.
See More
Iran Establishes Toll Corridor in Strait of Hormuz Amid Shipping Crisis
- Shipping Corridor Control: Iran has established a de facto safe shipping corridor near Larak Island in the Strait of Hormuz, resulting in a 90% drop in traffic since February 28, which has caused one of the most severe energy supply shocks globally.
- Toll System Implementation: The Iranian parliament passed a bill to impose fees on vessels transiting the strait, a move that, despite international legal disputes, would institutionalize Tehran's financial control over this critical waterway.
- Selective Passage: All 57 transits recorded since March 13 have taken the Larak detour, indicating strict vetting by the IRGC, which prioritizes vessels from countries with friendly relations, thereby increasing uncertainty in international shipping.
- International Response: While Iran claims the right to charge transit fees, legal experts argue that such unilateral measures may face strong diplomatic and legal challenges under the framework of the United Nations Convention on the Law of the Sea.
See More
DHT Holdings Announces Delivery of Two New Vessels
- Fleet Modernization: DHT Holdings has announced the delivery of the DHT Gazelle, a VLCC newbuilding from Hyundai Samho Heavy Industries, marking a continued effort in its fleet modernization program that is expected to enhance operational efficiency and profitability.
- Long-Term Charter Agreement: The DHT Gazelle will commence a five- to seven-year time charter with a major oil company, providing a stable revenue stream that strengthens the company's competitive position in the market.
- Delivery Schedule Update: DHT also confirmed the delivery of the DHT China, built in 2007, with the final newbuilding expected in June 2026, further optimizing the company's fleet structure and operational capabilities.
- Financial Robustness: All newbuildings are fully funded, enhancing the company's earnings power and service offerings, reflecting DHT's prudent capital allocation and operational management strategies.
See More
DHT Holdings Stock Surpasses Analyst Target Price
- Stock Performance: DHT Holdings' shares recently rose to $17.86, surpassing the average analyst 12-month target price of $17.51, indicating increased market confidence and potentially attracting more investor interest.
- Analyst Reactions: Analysts may respond to the stock's breach of the target price by either downgrading their valuations or raising their target prices, with 7 analysts providing targets ranging from $13.80 to $23.00, reflecting varied market perspectives on the company's outlook.
- Market Signal: The breach of the target price offers investors a good signal to reassess the company, prompting them to consider whether the current valuation is justified or if it’s time to take profits to mitigate risk.
- Analyst Ratings: According to Zacks data, the average rating for DHT Holdings ranges from 1 to 5, showcasing diverse market opinions on the stock, and investors should pay attention to the latest research reports from analysts for further insights.
See More
DHT Holdings Sees Surge in Options Trading Volume
- Surge in Options Volume: DHT Holdings Inc experienced an options trading volume of 54,953 contracts, equivalent to approximately 5.5 million shares, representing 80.3% of its average daily trading volume of 6.8 million shares over the past month, indicating strong market interest.
- High Strike Price Focus: Notably, the $19 strike call option expiring on April 17, 2026, saw 33,493 contracts traded today, representing about 3.3 million underlying shares, suggesting investor expectations for future price increases.
- Anterix Options Activity: In comparison, Anterix Inc recorded an options trading volume of 3,200 contracts, equivalent to approximately 320,000 shares, which is 77.1% of its average daily trading volume of 414,895 shares, reflecting active market engagement.
- Liquid Strike Price: The $45 strike call option for Anterix saw a trading volume of 1,944 contracts today, representing about 194,400 underlying shares, indicating optimistic sentiment among investors regarding the stock's future performance.
See More
Strait of Hormuz Blockade Raises Global Oil Supply Concerns
- Shipping Traffic Plummets: Since the onset of the conflict on February 28, only 21 tankers have transited the Strait of Hormuz, a drastic drop from over 100 daily before the war, potentially leading to soaring global oil prices and a supply crisis.
- Chinese Vessel Transit: During the conflict, 11 China-linked vessels successfully navigated the Strait, despite state-owned Cosco Shipping suspending new bookings, indicating a strategic shift in China's shipping approach to mitigate risks in the region.
- Random Attacks Heighten Uncertainty: The International Maritime Organization reports that at least 16 vessels have been struck near the UAE and Iraq, with attacks lacking a discernible pattern, increasing shipping uncertainty and forcing shipowners to seek alternative routes.
- Congestion on Alternative Routes: At the war's onset, 81 container ships were bound for the Strait, with 43 rerouting to other ports, causing significant congestion in alternative hubs like Fujairah and Sohar, thereby impacting global supply chain efficiency.
See More
Insider at DHT Holdings (DHT.US) Plans to Sell $210.37 Million in Common Stock via Form 144
Stock Sale Announcement: BW Group Limited plans to sell 11.66 million shares of DHT Holdings, with a total market value of approximately $210.37 million.
Shareholding Reduction: BW Group Limited has reduced its shareholding in DHT Holdings by 5.2 million shares since January 8, 2026, valued at around $81.36 million.
See More
