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NYSE:HAFN

Hafnia (HAFN) Stock Price, News & Analysis

Hafnia logo
$5.69 +0.05 (+0.89%)
(As of 11/29/2024 ET)

About Hafnia Stock (NYSE:HAFN)

Key Stats

Today's Range
$5.66
$5.93
50-Day Range
$5.17
$7.53
52-Week Range
$5.13
$8.99
Volume
4.04 million shs
Average Volume
2.10 million shs
Market Capitalization
$2.88 billion
P/E Ratio
3.35
Dividend Yield
28.47%
Price Target
$9.00
Consensus Rating
Buy

Company Overview

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels. It provides ship owning, ship-management, investment, management, corporate support, and agency office services. In addition, the company provides integrated shipping platform, including technical management, commercial and chartering services, pool management, and large-scale bunker desk services. Hafnia Limited is based in Hamilton, Bermuda.

Hafnia Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
71st Percentile Overall Score

HAFN MarketRank™: 

Hafnia scored higher than 71% of companies evaluated by MarketBeat, and ranked 66th out of 128 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Hafnia has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Hafnia has only been the subject of 1 research reports in the past 90 days.

  • Read more about Hafnia's stock forecast and price target.
  • Earnings Growth

    Earnings for Hafnia are expected to decrease by -23.29% in the coming year, from $1.46 to $1.12 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hafnia is 3.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.77.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hafnia is 3.35, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.60.

  • Price to Book Value per Share Ratio

    Hafnia has a P/B Ratio of 1.29. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.48% of the float of Hafnia has been sold short.
  • Short Interest Ratio / Days to Cover

    Hafnia has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hafnia has recently increased by 49.82%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Hafnia is a leading dividend payer. It pays a dividend yield of 28.46%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Hafnia does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Hafnia is 95.29%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Hafnia will have a dividend payout ratio of 144.64% in the coming year. This indicates that Hafnia may not be able to sustain their current dividend.

  • Read more about Hafnia's dividend.
  • Percentage of Shares Shorted

    1.48% of the float of Hafnia has been sold short.
  • Short Interest Ratio / Days to Cover

    Hafnia has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hafnia has recently increased by 49.82%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Hafnia has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 10 news articles for Hafnia this week, compared to 3 articles on an average week.
  • Search Interest

    23 people have searched for HAFN on MarketBeat in the last 30 days. This is an increase of 28% compared to the previous 30 days.
  • MarketBeat Follows

    Only 13 people have added Hafnia to their MarketBeat watchlist in the last 30 days. This is a decrease of -48% compared to the previous 30 days.
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HAFN Stock News Headlines

Why Hafnia's Valuation Looks Too Good To Ignore
Hafnia declares $0.379 dividend
Urgent: This election is rigged
If you missed it, my emergency election broadcast is now available - but will be removed soon
Hafnia Limited (HAFN) Q3 2024 Earnings Call Transcript
Hafnia (NYSE:HAFN) and Mondee (NASDAQ:MOND) Head to Head Analysis
See More Headlines

HAFN Stock Analysis - Frequently Asked Questions

Hafnia's stock was trading at $7.53 at the beginning of the year. Since then, HAFN stock has decreased by 24.4% and is now trading at $5.69.
View the best growth stocks for 2024 here
.

Hafnia's top institutional shareholders include DekaBank Deutsche Girozentrale (0.60%), Barclays PLC (0.54%), Citigroup Inc. (0.15%) and Bank of Montreal Can (0.10%).

Shares of HAFN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Hafnia investors own include TORM (TRMD), Energy Transfer (ET), Star Bulk Carriers (SBLK), ZIM Integrated Shipping Services (ZIM), FLEX LNG (FLNG), Dorian LPG (LPG) and AGNC Investment (AGNC).

Company Calendar

Ex-Dividend for 9/13 Dividend
9/03/2024
Dividend Payable
9/13/2024
Today
12/01/2024
Ex-Dividend for 12/17 Dividend
12/06/2024
Dividend Payable
12/17/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
Transportation
Fax
N/A
Employees
5,040
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.00
High Stock Price Target
$10.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+58.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$793.28 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.92 billion
Cash Flow
$1.98 per share
Book Value
$4.40 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.88 billion
Optionable
N/A
Beta
N/A
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This page (NYSE:HAFN) was last updated on 12/1/2024 by MarketBeat.com Staff
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