International Seaways Inc. (NYSE:INSW - Free Report) - Stock analysts at B. Riley reduced their Q4 2025 EPS estimates for shares of International Seaways in a research report issued on Thursday, October 16th. B. Riley analyst L. Burke now expects that the transportation company will post earnings of $1.08 per share for the quarter, down from their previous estimate of $1.10. The consensus estimate for International Seaways' current full-year earnings is $7.77 per share.
Several other analysts have also recently commented on INSW. Weiss Ratings reiterated a "hold (c+)" rating on shares of International Seaways in a research report on Wednesday, October 8th. BTIG Research reduced their price target on shares of International Seaways from $70.00 to $60.00 and set a "buy" rating on the stock in a research report on Wednesday, August 6th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $53.50.
Check Out Our Latest Research Report on INSW
International Seaways Stock Performance
Shares of International Seaways stock opened at $44.80 on Friday. The firm has a fifty day moving average of $45.37 and a two-hundred day moving average of $39.89. The stock has a market capitalization of $2.21 billion, a price-to-earnings ratio of 9.31 and a beta of 0.01. International Seaways has a 52 week low of $27.20 and a 52 week high of $50.40. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.95 and a current ratio of 0.95.
International Seaways (NYSE:INSW - Get Free Report) last issued its earnings results on Wednesday, November 23rd. The transportation company reported ($0.63) EPS for the quarter. The business had revenue of $84.82 million for the quarter. International Seaways had a net margin of 29.88% and a return on equity of 11.35%.
International Seaways Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were given a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Wednesday, September 10th. International Seaways's dividend payout ratio (DPR) is currently 9.98%.
Insider Buying and Selling at International Seaways
In related news, SVP Derek G. Solon sold 3,000 shares of the firm's stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $41.35, for a total transaction of $124,050.00. Following the sale, the senior vice president directly owned 52,893 shares in the company, valued at $2,187,125.55. This trade represents a 5.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Jeffrey Pribor sold 1,000 shares of the firm's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $48.27, for a total transaction of $48,270.00. Following the sale, the chief financial officer owned 63,502 shares in the company, valued at approximately $3,065,241.54. The trade was a 1.55% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 15,000 shares of company stock valued at $645,290 over the last quarter. 2.00% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On International Seaways
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. raised its holdings in shares of International Seaways by 16.3% during the third quarter. Blue Trust Inc. now owns 2,178 shares of the transportation company's stock worth $100,000 after acquiring an additional 306 shares during the period. CWM LLC raised its holdings in shares of International Seaways by 14.0% during the third quarter. CWM LLC now owns 15,198 shares of the transportation company's stock worth $700,000 after acquiring an additional 1,871 shares during the period. Pacer Advisors Inc. raised its holdings in shares of International Seaways by 4,255.3% during the third quarter. Pacer Advisors Inc. now owns 197,380 shares of the transportation company's stock worth $9,095,000 after acquiring an additional 192,848 shares during the period. Voya Investment Management LLC raised its holdings in shares of International Seaways by 36.7% during the third quarter. Voya Investment Management LLC now owns 15,071 shares of the transportation company's stock worth $694,000 after acquiring an additional 4,048 shares during the period. Finally, GAMMA Investing LLC raised its holdings in shares of International Seaways by 17.9% during the third quarter. GAMMA Investing LLC now owns 4,023 shares of the transportation company's stock worth $185,000 after acquiring an additional 611 shares during the period. 67.29% of the stock is currently owned by institutional investors and hedge funds.
International Seaways Company Profile
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider International Seaways, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and International Seaways wasn't on the list.
While International Seaways currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.