Contrasting DHT (DHT) & Its Rivals

DHT (NYSE:DHT) is one of 1,050 public companies in the “Oil, Gas & Consumable Fuels” industry, but how does it contrast to its competitors? We will compare DHT to related companies based on the strength of its analyst recommendations, institutional ownership, risk, profitability, earnings, dividends and valuation.

Valuation & Earnings

This table compares DHT and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
DHT	$723.00 million	$211.09 million	8.53
DHT Competitors	$272.45 billion	$5.51 billion	1.02

DHT’s competitors have higher revenue and earnings than DHT. DHT is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Dividends

DHT pays an annual dividend of $4.88 per share and has a dividend yield of 19.5%. DHT pays out 166.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil, Gas & Consumable Fuels” companies pay a dividend yield of 8.4% and pay out -118.5% of their earnings in the form of a dividend.

Institutional and Insider Ownership

58.5% of DHT shares are held by institutional investors. Comparatively, 30.6% of shares of all “Oil, Gas & Consumable Fuels” companies are held by institutional investors. 15.5% of shares of all “Oil, Gas & Consumable Fuels” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

This table compares DHT and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
DHT	65.52%	39.40%	28.63%
DHT Competitors	-474.33%	20.28%	6.19%

Volatility & Risk

DHT has a beta of -0.03, meaning that its stock price is 103% less volatile than the S&P 500. Comparatively, DHT’s competitors have a beta of -4.06, meaning that their average stock price is 506% less volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current ratings and price targets for DHT and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
DHT	0	2	2	1	2.80
DHT Competitors	5954	26912	40727	2392	2.52

DHT currently has a consensus price target of $23.33, suggesting a potential downside of 6.91%. As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 17.11%. Given DHT’s competitors higher possible upside, analysts plainly believe DHT has less favorable growth aspects than its competitors.

Summary

DHT beats its competitors on 9 of the 15 factors compared.

DHT Company Profile

DHT Holdings, Inc., through its subsidiaries, owns and operates crude oil tankers primarily in Monaco, Singapore, and Norway. The company also offers technical management services. As of March 15, 2024, it had a fleet of 24 very large crude carriers. The company was incorporated in 2005 and is headquartered in Hamilton, Bermuda.