NYSE:EURNEuronav Stock Price, Forecast & News

Euronav's stock was trading at $9.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, EURN shares have decreased by 7.0% and is now trading at $9.16. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Euronav.

Euronav is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Euronav.

Euronav NV (NYSE:EURN) posted its quarterly earnings results on Thursday, May, 7th. The shipping company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.14. The shipping company earned $383.99 million during the quarter, compared to the consensus estimate of $341.69 million. Euronav had a net margin of 29.07% and a return on equity of 13.77%. View Euronav's earnings history.

Euronav announced a quarterly dividend on Thursday, May 14th. Stockholders of record on Tuesday, June 16th will be paid a dividend of $0.81 per share on Friday, June 26th. This represents a $3.24 dividend on an annualized basis and a yield of 35.37%. The ex-dividend date is Monday, June 15th. View Euronav's dividend history.

4 brokers have issued twelve-month price targets for Euronav's shares. Their forecasts range from $13.50 to $16.00. On average, they anticipate Euronav's stock price to reach $14.75 in the next year. This suggests a possible upside of 61.0% from the stock's current price. View analysts' price targets for Euronav.

News coverage about EURN stock has trended extremely negative on Wednesday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Euronav earned a media sentiment score of -4.3 on InfoTrie's scale. They also gave media headlines about the shipping company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an impact on the company's share price in the next few days. View the latest news about Euronav.

Euronav saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 2,730,000 shares, an increase of 59.6% from the June 15th total of 1,710,000 shares. Based on an average daily trading volume, of 3,430,000 shares, the days-to-cover ratio is presently 0.8 days. Approximately 1.5% of the shares of the company are short sold. View Euronav's Current Options Chain.

Some companies that are related to Euronav include SEASPAN CORP/SH SH (SSW), Frontline (FRO), Ship Finance International (SFL), DHT (DHT), Scorpio Tankers (STNG), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), COSTAMARE INC/SH (CMRE), Seacor (CKH), Torm (TRMD), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Genco Shipping & Trading (GNK) and Teekay (TK). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Euronav investors own include Nordic American Tanker (NAT), Gilead Sciences (GILD), DHT (DHT), General Electric (GE), Micron Technology (MU), Scorpio Tankers (STNG), Cisco Systems (CSCO), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET) and Walt Disney (DIS).

(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 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."

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

One share of EURN stock can currently be purchased for approximately $9.16.

Euronav has a market capitalization of $2.02 billion and generates $932.38 million in revenue each year. The shipping company earns $112.23 million in net income (profit) each year or $0.55 on an earnings per share basis. Euronav employs 2,910 workers across the globe.

The official website for Euronav is www.euronav.com.

Euronav's mailing address is DE GERLACHEKAAI 20, ANTWERP C9, 2000. The shipping company can be reached via phone at 323-247-4411 or via email at [email protected]