How to Buy Dht Holdings Stock
Dht Holdings Inc
Dht Holdings is a oil & gas midstream company located in Bermuda, which is part of the Energy sector, and is traded under the ticker DHT on the NYSE exchange.
Dht Holdings stock last closed at $8.22, up 2.37% from the previous day, and has increased 36.32% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.37 percentage points. Dht Holdings stock is currently +53.93% from its 52-week low of $5.34, and -32.23% from its 52-week high of $12.13.
There are currently 162.99M DHT shares outstanding. The market value of DHT is $1.34B. In the last 24 hours, 3.08M DHT shares were traded.
How to Buy Dht Holdings Stock
Wondering how to invest in Dht Holdings stock? Here's how.
- Figure out where to buy Dht Holdings stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Dht Holdings stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Select your payment method and add your details.
- Analyze Dht Holdings stock: The Dht Holdings ticker symbol is DHT. Is Dht Holdings stock a good investment? Should you buy shares of DHT? How do DHT's underlying business fundamentals look? Do top analysts think Dht Holdings is a good buy? Why has DHT's stock price moved recently? (Hint: Our stock market research tools can help you decide if DHT is a good stock to buy).
- Place your DHT buy order: Decide if you will purchase DHT shares at the current market price or use a limit order to purchase DHT shares at a given price.
- Watch your DHT position: Create a watchlist to get live updates on your new investment in Dht Holdings stock.
Step 1: Figure out where to buy Dht Holdings stock
You will need an online brokerage account in order to access the NYSE market and buy DHT stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal details so you are able to invest in DHT stock today.
How to Set Up a New Account on eToro
- Click here to get started.
- Enter your personal info to start a new brokerage account.
- Send your details by clicking the "Create Account" button.
Step 3: Fund your investment account
Now that you've finished signing up on apps for stocks, you can securely and quickly fund your account:
Check out this video walkthrough to see the process of transferring money into your new brokerage account.
Step 4: Analyze Dht Holdings stock
After you have chosen the best place to buy Dht Holdings stock, it's absolutely critical to evaluate their stock prior to investing, so you truly wrap your head around the risk and opportunity.
Dht Holdings Numbers
Fundamentals of DHT
WallStreetZen was built to help part-time investors do better fundamental analysis quickly.
You can see all of the due diligence checks on DHT's stock page.
Is DHT stock properly valued?
Analysts use many financial metrics, analyses, models, and charts to gauge DHT's intrinsic value.
Using relative valuations measures:
- DHT may be undervalued based on its P/E ratio of 11.74x, relative to Oil & Gas Midstream industry P/E ratio of 12.47x
- DHT could be undervalued based on its P/B ratio of 1.28x, relative to Oil & Gas Midstream industry P/B ratio of 2.06x
- DHT may be undervalued based on its PEG ratio of 0.55x
You can access more valuation research on DHT's stock here.
A quick look at DHT Financials
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the DHT balance sheet.
- Total DHT debt is lower than 5 years ago, relative to shareholder equity.
- DHT profit margin has gone up from -14.2% to 22.9% in the past year.
- DHT earnings of $145.26M is not sufficient to cover its interest payments.
- DHT's operating cash flow of $188.51M allows it to safely service it's debt of $395.73M.
Negative Financial Indicators:
- There are more long-term liabilities than short-term assets on the DHT balance sheet.
- DHT has a relatively high debt to equity ratio of 0.41.
Is it a good time to buy DHT stock, according to analysts?
Out of 2 sell side analysts who research DHT, the consensus analyst rating on Dht Holdings is a Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent DHT Analyst Upgrades/Downgrades
Omar Nokta, a bottom 8% analyst from Jefferies downgrades DHT to a hold rating and lowers their DHT price target from $12.00 to $10.00, on May 4, 2023.
Benjamin Nolan, a bottom 24% analyst from Stifel Nicolaus maintains DHT with a strong buy rating and raises their DHT price target from $11.00 to $12.00, on Apr 25, 2023.
Maintaining his Strong Buy rating, Nolan raised his price target on DHT Holdings Inc by 9.1% after re-evaluating names in his Shipping and Energy Infrastructure portfolio ahead of the Q1 2023 earnings releases.
Although shipping markets "are in various stages of the cycle," the tanker group is "doing very well thanks to inefficient Russia-related voyages and limited supply," the analyst summarized.
DHT Holdings is expected to report its earnings on 2023/05/08.
The Zacks Consensus EPS Estimate for the company's upcoming quarter is $0.30 which, if achieved, would represent a 314.29% increase against Q1 2022’s $(0.14).
You can dive deeper into what analysts are forecasting on the Dht Holdings stock forecast page.
DHT Momentum
Is DHT Making Money?
Last year, DHT earnings were $116.95M. In the last 3 year, DHT's earnings have grown by -58.92% per year. This was slower than the Oil & Gas Midstream industry average of 26.55%.
Last year, DHT revenue was $510.31M. Over the last five year, DHT's revenue has increased by 8.28% per year. This was slower than the Oil & Gas Midstream industry average of 14.3%.
You can research DHT's earnings and revenue performance here.
Who is buying/selling DHT?
Over the last year, insiders at DHT have not bought or sold any shares.
Dig into more about who owns DHT stock here.
Does DHT provide a stable income stream?
Dht Holdings pays a dividend of 8.39%, compared to the Oil & Gas Midstream industry's average dividend yield of 6.86%. If you owned $1,000 worth of DHT stock, you would have been paid $83.94 in the past 12 months.
Dht Holdings dividend payments have consistently grown over the past decade but have not remained stable.
Get more data about Dht Holdings dividend yield and history here.
Get analysis from other traders
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your DHT buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Press the Open Trade button and your broker will place the order.
If you need additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Watch your DHT position
Now that you own some DHT shares, you'll want to stay up-to-date on your shares.
Add DHT to a watchlist to get notified of the latest news about your DHT stock.
DHT Feed
How to Buy Stock in Dht Holdings
To summarize, here are the 6 steps for buying Dht Holdings stock:
- Figure out where to buy Dht Holdings stock
- Open your brokerage account
- Fund your investment account
- Analyze Dht Holdings stock
- Place your DHT buy order
- Watch your DHT position
If you need a brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Dht Holdings, hit the button below to create your watchlist.
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