Return on Equity
11.1%, reflecting strong operational performance.
Return on Invested Capital
9.6%, demonstrating effective capital utilization.
Cash Balance
$188 million, contributing to total liquidity of approximately $500 million.
Net Debt
$856 million, reduced from $1.3 billion in Q1 2023, showcasing effective deleveraging.
Net Loan to Value Ratio
24.1%, slightly increased due to a decline in vessel market values.
Dividend Payout
$50.6 million, corresponding to $0.1015 per share, with a payout ratio of 80%, effectively increased to 123% by not deducting share buyback.
Average TCE per Day
$22,992, based on 9,514 earning days.
Average OpEx per Day
$7,987, calculated based on 9,180 calendar days.
HAFN
$5.52+Infinity%1D
Analyst Views on HAFN
Wall Street analysts forecast HAFN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HAFN is 8.21 USD with a low forecast of 6.42 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
Wall Street analysts forecast HAFN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HAFN is 8.21 USD with a low forecast of 6.42 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Buy
1 Hold
0 Sell
Moderate Buy
Current: 5.610
Low
6.42
Averages
8.21
High
10.00
Current: 5.610
Low
6.42
Averages
8.21
High
10.00
Fearnley
Hold
to
Buy
upgrade
$68
2025-12-02
Reason
Fearnley
Price Target
$68
2025-12-02
upgrade
Hold
to
Buy
Reason
Fearnley upgraded Hafnia to Buy from Hold with a NOK 68 price target. The firm sees an improved risk/reward at current share levels.
Fearnley
Buy
to
Hold
downgrade
$65
2025-09-03
Reason
Fearnley
Price Target
$65
2025-09-03
downgrade
Buy
to
Hold
Reason
Fearnley downgraded Hafnia to Hold from Buy with a NOK 65 price target.
Jefferies
Omar Nokta
Strong Buy
Maintains
$8 → $6.5
2024-12-17
Reason
Jefferies
Omar Nokta
Price Target
$8 → $6.5
2024-12-17
Maintains
Strong Buy
Reason
About HAFN
Hafnia Limited is a tanker company. The principal activity of the Company is investment holding. The Company’s segments include Long Range II (LR2), Long Range I (LR1), Medium Range (MR), Handy, and Specialised. The LR2 segment consists of vessels between 85,000 deadweight tons (DWT) and 124,999 DWT in size and provides transportation of clean petroleum oil products. The LR1 segment consists of vessels between 55,000 DWT and 84,999 DWT in size and provides transportation of clean and dirty petroleum products. The MR segment consists of vessels between 40,000 DWT and 54,999 DWT in size. The Handy segment consists of vessels between 25,000 DWT and 39,999 DWT in size and provides transportation of clean and dirty oil products, vegetable oil, and easy chemicals. The Specialised segment consists of vessels between 5,000 DWT and 19,999 DWT in size. Its subsidiaries include Hafnia Pte. Ltd., Hafnia Tankers Marshall Islands LLC, Hafnia Holding Limited, and Hafnia Holding II Limited.
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.
