NYSE:EURN Euronav (EURN) Stock Forecast, Price & News $15.85 +0.26 (+1.67%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$15.59▼$15.9750-Day Range$15.53▼$18.2952-Week Range$10.51▼$21.00Volume997,204 shsAverage Volume1.10 million shsMarket Capitalization$3.20 billionP/E Ratio7.58Dividend YieldN/APrice Target$21.53 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Euronav MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside35.9% Upside$21.53 Price TargetShort InterestHealthy1.02% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.23Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-2.64%From $2.65 to $2.58 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.35 out of 5 starsTransportation Sector56th out of 125 stocksDeep Sea Foreign Transportation Of Freight Industry19th out of 31 stocks 3.3 Analyst's Opinion Consensus RatingEuronav has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.53, Euronav has a forecasted upside of 35.9% from its current price of $15.85.Amount of Analyst CoverageEuronav has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.02% of the float of Euronav has been sold short.Short Interest Ratio / Days to CoverEuronav has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Euronav has recently increased by 10.06%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipEuronav is a leading dividend payer. It pays a dividend yield of 17.67%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEuronav does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Euronav is 133.97%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Euronav will have a dividend payout ratio of 108.53% in the coming year. This indicates that Euronav may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EURN. Previous Next 2.3 News and Social Media Coverage News SentimentEuronav has a news sentiment score of 0.23. 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 0.47 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Euronav this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for EURN on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows2 people have added Euronav to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Euronav insiders have not sold or bought any company stock.Percentage Held by Institutions68.04% of the stock of Euronav is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Euronav are expected to decrease by -2.64% in the coming year, from $2.65 to $2.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Euronav is 7.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.69.Price to Earnings Ratio vs. SectorThe P/E ratio of Euronav is 7.58, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 24.69.Price to Book Value per Share RatioEuronav has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Euronav (NYSE:EURN) StockEuronav NV engages in the ocean transportation and storage of crude oil. The firm operates through the following segments: Operation of crude oil tankers on the international markets (Tankers) and Floating Production, Storage and Offloading Operations (FSO/FPSO). The Tankers segment provides shipping services for crude oil seaborne transportation. The FpSO segment receives hydrocarbon fluids pumped by nearby offshore platforms and provides field storage. Its activities include crew, ship and fleet management services. The company was founded in 1989 and is headquartered in Antwerp, Belgium.Read More Receive EURN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Euronav and its competitors with MarketBeat's FREE daily newsletter. Email Address EURN Stock News HeadlinesMay 1, 2023 | marketbeat.comIs the 149% Dividend for ZIM Integrated Shipping in Jeopardy? (EURN)Global container shipping company ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) stock has been selling off since its last April 3, 2023, dividend payoutMay 27, 2023 | finance.yahoo.comEuronav NV (EURN.BR)May 28, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Euronav (NYSE:EURN)May 18, 2023 | americanbankingnews.comEuronav NV (NYSE:EURN) Receives $21.53 Consensus Price Target from AnalystsMay 16, 2023 | wsj.comEuronav N.V.May 14, 2023 | americanbankingnews.comEuronav (NYSE:EURN) Upgraded at Deutsche Bank AktiengesellschaftMay 12, 2023 | markets.businessinsider.comJefferies Reaffirms Their Buy Rating on Euronav (EURN)May 28, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 12, 2023 | msn.comEuronav Q1: Solid Earnings, Counter Seasonal Strength & MoreMay 9, 2023 | americanbankingnews.comEuronav (EURN) Scheduled to Post Quarterly Earnings on ThursdayApril 27, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for EuronavApril 27, 2023 | msn.comEuronav raised to Buy at Stifel; tankers are 'cash machines'April 27, 2023 | americanbankingnews.comEuronav (NYSE:EURN) Stock Rating Upgraded by Stifel NicolausApril 23, 2023 | americanbankingnews.comBrokerages Set Euronav NV (NYSE:EURN) Target Price at $20.70April 22, 2023 | msn.comFEARNLEY SECURITIES Upgrades Euronav (EBR:EURN)April 18, 2023 | americanbankingnews.comEuronav (NYSE:EURN) PT Raised to $23.00April 11, 2023 | seekingalpha.comEuronav: May Not Be Able To Benefit From The Market ConditionsMarch 31, 2023 | finance.yahoo.comIs the Options Market Predicting a Spike in Euronav (EURN) Stock?March 31, 2023 | americanbankingnews.comEuronav NV (NYSE:EURN) Receives Consensus Recommendation of "Hold" from BrokeragesMarch 26, 2023 | americanbankingnews.comComparing Euronav (NYSE:EURN) & United Maritime (NASDAQ:USEA)March 25, 2023 | americanbankingnews.comJefferies Financial Group Comments on Euronav NV's FY2023 Earnings (NYSE:EURN)March 23, 2023 | americanbankingnews.comEuronav (NYSE:EURN) Rating Reiterated by Jefferies Financial GroupFebruary 10, 2023 | finance.yahoo.comFamatown Finance Limited announces candidates for the Euronav supervisory boardFebruary 8, 2023 | msn.comFrontline says arbitrator fully dismissed Euronav's emergency arbitrationFebruary 3, 2023 | finance.yahoo.comEuronav NV (NYSE:EURN) Q4 2022 Earnings Call TranscriptJanuary 18, 2023 | finance.yahoo.comDo Options Traders Know Something About Euronav (EURN) Stock We Don't?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive EURN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Euronav and its competitors with MarketBeat's FREE daily newsletter. Email Address EURN Company Calendar Ex-Dividend for 3/2 Dividend2/21/2023Dividend Payable3/02/2023Last Earnings5/11/2023Today5/27/2023Ex-Dividend for 6/13 Dividend6/01/2023Dividend Payable6/13/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:EURN CUSIPN/A CIK1604481 Webwww.euronav.com Phone(323) 247-4411Fax323-247-4409Employees2,946Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.53 High Stock Price Forecast$24.20 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+35.9%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.09 Trailing P/E Ratio7.58 Forward P/E Ratio5.98 P/E GrowthN/ANet Income$203.25 million Net Margins39.00% Pretax Margin21.33% Return on Equity19.29% Return on Assets9.98% Debt Debt-to-Equity Ratio0.62 Current Ratio2.21 Quick Ratio2.05 Sales & Book Value Annual Sales$854.67 million Price / Sales3.74 Cash Flow$2.09 per share Price / Cash Flow7.58 Book Value$11.59 per share Price / Book1.37Miscellaneous Outstanding Shares201,680,000Free FloatN/AMarket Cap$3.20 billion OptionableOptionable Beta0.22 Key ExecutivesLieve LoggheChief Executive & Financial OfficerAlexander StaringChief Operating OfficerBrian James GallagherHead-Investor Relations, Research & CommunicationsStephane HuchetGeneral Manager-Finance AccountingThierry de GriezeChief People Officer & Member-Management BoardKey CompetitorsFrontlineNYSE:FROScorpio TankersNYSE:STNGTORMNASDAQ:TRMDStar Bulk CarriersNASDAQ:SBLKZIM Integrated Shipping ServicesNYSE:ZIMView All CompetitorsInstitutional OwnershipPower Corp of CanadaBought 23,242 shares on 5/19/2023Ownership: 0.012%JPMorgan Chase & Co.Sold 1,594,986 shares on 5/18/2023Ownership: 0.510%Susquehanna International Securities Ltd.Bought 34,787 shares on 5/16/2023Ownership: 0.017%Jane Street Group LLCBought 9,500 shares on 5/16/2023Ownership: 0.000%Susquehanna International Group Ltd.Bought 13,020 shares on 5/16/2023Ownership: 0.006%View All Institutional Transactions EURN Stock - Frequently Asked Questions Should I buy or sell Euronav stock right now? 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. What is Euronav's stock price forecast for 2023? 6 Wall Street analysts have issued 1 year price targets for Euronav's stock. Their EURN share price forecasts range from $16.00 to $24.20. On average, they anticipate the company's share 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. How have EURN shares performed in 2023? Euronav's stock was trading at $17.04 at the start of the year. Since then, EURN shares have decreased by 7.0% and is now trading at $15.85. View the best growth stocks for 2023 here. Are investors shorting Euronav? Euronav saw a increase in short interest during the month of 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 trading volume, of 1,320,000 shares, the days-to-cover ratio is currently 0.8 days. Approximately 1.0% of the company's stock are sold short. View Euronav's Short Interest. When is Euronav's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our EURN earnings forecast. How were Euronav's earnings last quarter? Euronav NV (NYSE:EURN) posted its quarterly earnings data on Thursday, May, 11th. The shipping company reported $0.78 earnings per share (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 analyst estimates of $306.55 million. Euronav had a trailing twelve-month return on equity of 19.29% and a net margin of 39.00%. How often does Euronav pay dividends? What is the dividend yield for Euronav? Euronav declared an annual dividend on Thursday, May 25th. Shareholders of record on Friday, June 2nd will be given a dividend of $0.036 per share on Tuesday, June 13th. This represents a yield of 0.23%. The ex-dividend date is Thursday, June 1st. Read our dividend analysis for EURN. Is Euronav a good dividend stock? Euronav (NYSE:EURN) pays an annual dividend of $2.80 per share and currently has a dividend yield of 17.67%. EURN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 133.97%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EURN will have a dividend payout ratio of 108.53% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for EURN. What is Paddy Rodgers' approval rating as Euronav's CEO? 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. What other stocks do shareholders of Euronav own? 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). When did Euronav IPO? (EURN) raised $176 million in an initial public offering on Friday, January 23rd 2015. The company issued 13,600,000 shares at a price of $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. What is Euronav's stock symbol? Euronav trades on the New York Stock Exchange (NYSE) under the ticker symbol "EURN." Who are Euronav's major shareholders? Euronav's stock is owned by a number of retail and institutional 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%). How do I buy shares of Euronav? 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. What is Euronav's stock price today? One share of EURN stock can currently be purchased for approximately $15.85. How much money does Euronav make? 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. How many employees does Euronav have? The company employs 2,946 workers across the globe. How can I contact Euronav? 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. This page (NYSE:EURN) was last updated on 5/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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