DHT, MHY2065G1219

DHT Holdings stock reports Q2 EPS of USD 1.22 above consensus

Published on 10/04/2026 at 17:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

DHT Holdings stock trades near its yearly high after Q2 EPS reached USD 1.22 against USD 1.18 consensus. BTIG set a USD 28 target on September 18, 2026.

DHT, MHY2065G1219, Illustration mit AI erstellt.

DHT Holdings stock closed at USD 23.68 on the NYSE on October 2, 2026, leaving it 0.17 percent below its 52-week high of USD 23.72. The company reported Q2 2026 GAAP earnings per share of USD 1.22 against a consensus estimate of USD 1.18, making the latest quarterly result the central driver for the stock's valuation.

Q2 earnings beat estimates

According to MarketBeat on October 1, 2026, DHT posted quarterly EPS of USD 1.22, up from USD 0.35 in the year-earlier quarter and USD 0.04 above consensus. Quarterly revenue reached USD 254.96 million, compared with analyst expectations of USD 247.17 million, while the source reported year-over-year revenue growth of 174.8 percent.

The earnings comparison is important because it combines a profit beat with a large revenue increase. MarketBeat also reported a quarterly net margin of 65.52 percent, although the same report noted insider sales totaling USD 11.8 million over the prior 90 days, a counter-factor for investors assessing the rally near the annual high.

BTIG raises target to USD 28

BTIG raised its DHT price target from USD 23 to USD 28 and maintained a Buy rating in a report dated September 18, 2026, according to Yahoo Finance. The new target lies 18.75 percent above the October 2 closing price of USD 23.68.

Consensus data cited by MarketBeat on September 26, 2026, show five analysts covering DHT, with three Buy ratings and two Hold ratings. The consensus is Moderate Buy with an average 12-month price target of USD 21.00, below the October 2 close.

Stock remains near yearly high

DHT's October 2 trading range was USD 23.02 to USD 23.72, with volume of 3,317,413 shares and a daily change of 0.51 percent. Market capitalization stood at USD 3.8 billion on the same date, while the 52-week range extended from USD 10.83 to USD 23.72.

The market is therefore pricing DHT close to the top of its annual range while analyst consensus remains below the latest close. That gap makes the next earnings update, listed by Yahoo Finance for October 28, 2026, a concrete test for whether the Q2 earnings strength can continue.

Closing price stays near high

DHT stock closed at USD 23.68 on the NYSE on October 2, 2026, with a market capitalization of USD 3.8 billion and the share price 0.17 percent below the 52-week high.