International Seaways (INSW) Projected to Post Earnings on Wednesday

Key Points

• International Seaways is expected to release its Q2 2025 earnings on August 6th, with analysts projecting earnings of $1.05 per share and revenue of $199.06 million.
• In its last earnings report, the company exceeded expectations, reporting an EPS of $0.80 and revenue of $178.34 million, although this marked a 32.9% year-over-year decline in revenue.
• International Seaways recently declared a quarterly dividend of $0.12 per share, representing a 1.17% dividend yield and a payout ratio of 7.42%.

International Seaways (NYSE:INSW - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 6th. Analysts expect the company to announce earnings of $1.05 per share and revenue of $199.06 million for the quarter.

International Seaways (NYSE:INSW - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The transportation company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.21. The business had revenue of $178.34 million during the quarter, compared to analysts' expectations of $176.49 million. International Seaways had a net margin of 37.39% and a return on equity of 14.98%. The business's revenue was down 32.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.92 EPS. On average, analysts expect International Seaways to post $8 EPS for the current fiscal year and $5 EPS for the next fiscal year.

International Seaways Price Performance

Shares of NYSE:INSW traded up $0.31 during midday trading on Friday, hitting $40.21. The stock had a trading volume of 669,499 shares, compared to its average volume of 542,916. The company's 50-day moving average price is $38.77 and its 200-day moving average price is $36.57. The company has a market capitalization of $1.98 billion, a P/E ratio of 6.21 and a beta of 0.05. The company has a quick ratio of 2.75, a current ratio of 2.76 and a debt-to-equity ratio of 0.29. International Seaways has a fifty-two week low of $27.20 and a fifty-two week high of $54.84.

International Seaways Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Thursday, June 12th were given a $0.12 dividend. The ex-dividend date was Thursday, June 12th. This represents a $0.48 annualized dividend and a dividend yield of 1.2%. International Seaways's payout ratio is presently 7.42%.

Insider Activity

In related news, SVP Derek G. Solon sold 1,500 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were sold at an average price of $38.22, for a total transaction of $57,330.00. Following the completion of the transaction, the senior vice president directly owned 55,893 shares in the company, valued at $2,136,230.46. This represents a 2.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP William F. Nugent sold 1,000 shares of the company's stock in a transaction that occurred on Thursday, July 31st. The stock was sold at an average price of $40.21, for a total transaction of $40,210.00. Following the transaction, the senior vice president owned 58,752 shares of the company's stock, valued at approximately $2,362,417.92. This represents a 1.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,500 shares of company stock worth $479,930. 2.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On International Seaways

A number of institutional investors have recently added to or reduced their stakes in INSW. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in International Seaways by 16.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 128,428 shares of the transportation company's stock worth $4,264,000 after acquiring an additional 18,509 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in International Seaways by 3.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,089 shares of the transportation company's stock worth $800,000 after acquiring an additional 900 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in International Seaways by 42.0% during the 1st quarter. Royal Bank of Canada now owns 9,365 shares of the transportation company's stock worth $311,000 after acquiring an additional 2,768 shares during the last quarter. 67.29% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a "buy" rating and issued a $48.00 target price on shares of International Seaways in a research report on Thursday, May 8th.

About International Seaways

International Seaways, Inc owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments: Crude Tankers and Product Carriers. As of December 31, 2023, the company owned a fleet of 73 vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities.