Euronav - EURN Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" EURN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EURN, but not buy additional shares or sell existing shares.
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6 brokerages have issued 12-month target prices for Euronav's shares. Their EURN share price forecasts range from $16.00 to $24.20. On average, they anticipate the company's stock price to reach $20.24 in the next year. This suggests a possible upside of 15.1% from the stock's current price.
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Euronav's stock was trading at $17.04 on January 1st, 2023. Since then, EURN shares have increased by 3.2% and is now trading at $17.58.
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Euronav saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 1,500,000 shares, an increase of 7.1% from the February 13th total of 1,400,000 shares. Based on an average daily trading volume, of 2,750,000 shares, the short-interest ratio is currently 0.5 days. Currently, 1.4% of the shares of the company are sold short.
View Euronav's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our EURN earnings forecast.

Euronav NV (NYSE:EURN) posted its quarterly earnings results on Thursday, February, 2nd. The shipping company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.36. The shipping company earned $322.93 million during the quarter, compared to the consensus estimate of $362.95 million. Euronav had a trailing twelve-month return on equity of 9.65% and a net margin of 23.67%.

Euronav declared a dividend on Thursday, February 16th. Stockholders of record on Wednesday, February 22nd will be paid a dividend of $0.03 per share on Thursday, March 2nd. This represents a yield of 0.74%. The ex-dividend date is Tuesday, February 21st.
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 IPO 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 served 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 many different retail and institutional investors. Top institutional shareholders include Norges Bank (2.71%), Bank of America Corp DE (2.36%), M&G Investment Management Ltd. (1.79%), Barclays PLC (1.47%), JPMorgan Chase & Co. (1.30%) and Millennium Management LLC (0.95%).

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.
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One share of EURN stock can currently be purchased for approximately $17.58.

Euronav (NYSE:EURN) has a market capitalization of $3.55 billion and generates $854.67 million in revenue each year. The shipping company earns $202.89 million in net income (profit) each year or $1.01 on an earnings per share basis.

The company employs 3,147 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.