Euronav (EURN) Stock Forecast, Price & News

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" EURN shares.
View EURN analyst ratings or view top-rated stocks.

6 brokerages have issued 12 month price objectives for Euronav's stock. Their EURN share price forecasts range from $16.00 to $24.20. On average, they predict the company's stock price to reach $21.53 in the next twelve months. This suggests a possible upside of 35.9% from the stock's current price.
View analysts price targets for EURN or view top-rated stocks among Wall Street analysts.

Euronav's stock was trading at $17.04 on January 1st, 2023. Since then, EURN shares have decreased by 7.0% and is now trading at $15.85.
View the best growth stocks for 2023 here.

Euronav saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,090,000 shares, an increase of 10.1% from the April 30th total of 990,400 shares. Based on an average daily volume of 1,320,000 shares, the short-interest ratio is presently 0.8 days. Approximately 1.0% of the company's shares are sold short.
View Euronav's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our EURN earnings forecast.

Euronav NV (NYSE:EURN) posted its quarterly earnings results on Thursday, May, 11th. The shipping company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.81 by $0.03. The shipping company earned $305.14 million during the quarter, compared to analysts' expectations of $306.55 million. Euronav had a net margin of 39.00% and a trailing twelve-month return on equity of 19.29%.

Euronav announced an annual dividend on Thursday, May 25th. Stockholders of record on Friday, June 2nd will be paid a dividend of $0.036 per share on Tuesday, June 13th. This represents a dividend yield of 0.23%. The ex-dividend date of this dividend is Thursday, June 1st.
Read our dividend analysis for EURN.

3 employees have rated Euronav Chief Executive Officer Paddy Rodgers on Glassdoor.com. Paddy Rodgers has an approval rating of 100% among the company's employees. This puts Paddy Rodgers in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Euronav investors own include DHT (DHT), Golar LNG Partners (GMLP), Gran Tierra Energy (GTE), Matinas BioPharma (MTNB), EnLink Midstream (ENLC), Organigram (OGI), Enerplus (ERF), Pennsylvania Real Estate Investment Trust (PEI), ADMA Biologics (ADMA) and New Residential Investment (NRZ).

(EURN) raised $176 million in an initial public offering (IPO) on Friday, January 23rd 2015. The company issued 13,600,000 shares at $12.94 per share. Deutsche Bank Securities, Citigroup, J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and DNB Markets, Evercore ISI, SEB, ABN AMRO, Clarkson Capital Markets, KBC Securities, Scotiabank and Howard Weil were co-managers.

Euronav trades on the New York Stock Exchange (NYSE) under the ticker symbol "EURN."

Euronav's stock is owned by a number of institutional and retail investors. Top institutional investors include M&G Investment Management Ltd. (1.99%), Schonfeld Strategic Advisors LLC (1.24%), Barclays PLC (0.83%), Renaissance Technologies LLC (0.60%), JPMorgan Chase & Co. (0.51%) and Bank of America Corp DE (0.43%).

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

One share of EURN stock can currently be purchased for approximately $15.85.

Euronav (NYSE:EURN) has a market capitalization of $3.20 billion and generates $854.67 million in revenue each year. The shipping company earns $203.25 million in net income (profit) each year or $2.09 on an earnings per share basis.

The company employs 2,946 workers across the globe.

Euronav's mailing address is DE GERLACHEKAAI 20, ANTWERP C9, 2000. The official website for the company is www.euronav.com. The shipping company can be reached via phone at (323) 247-4411, via email at ir@euronav.com, or via fax at 323-247-4409.