Euronav - EURN Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EURN shares.
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3 Wall Street research analysts have issued 1-year price objectives for Euronav's stock. Their EURN share price forecasts range from $15.00 to $21.00. On average, they anticipate the company's stock price to reach $18.67 in the next twelve months. This suggests that the stock has a possible downside of 4.0%.
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Euronav's stock was trading at $8.89 at the beginning of the year. Since then, EURN stock has increased by 118.8% and is now trading at $19.45.
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Euronav saw a decline in short interest in the month of October. As of October 31st, there was short interest totaling 1,810,000 shares, a decline of 32.2% from the October 15th total of 2,670,000 shares. Based on an average trading volume of 1,200,000 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.4% of the shares of the stock are sold short.
View Euronav's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our EURN earnings forecast.

Euronav NV (NYSE:EURN) announced its quarterly earnings results on Friday, November, 4th. The shipping company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.09. The shipping company had revenue of $167.94 million for the quarter, compared to analysts' expectations of $169.83 million. Euronav had a negative trailing twelve-month return on equity of 5.92% and a negative net margin of 17.12%.

Euronav declared a dividend on Thursday, November 17th. Investors of record on Tuesday, November 22nd will be paid a dividend of $0.03 per share on Tuesday, November 29th. This represents a dividend yield of 0.61%. The ex-dividend date is Monday, November 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 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 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 a variety of retail and institutional investors. Top institutional shareholders include Barclays PLC (2.45%), Vanguard Group Inc. (2.19%), M&G Investment Management Ltd. (1.98%), Versor Investments LP (0.96%), UBS Group AG (0.48%) and Sycomore Asset Management (0.35%).

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 $19.45.

Euronav (NYSE:EURN) has a market capitalization of $3.92 billion and generates $430.02 million in revenue each year. The shipping company earns $-338,780,000.00 in net income (profit) each year or ($0.51) 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.