About Euronav NV (NYSE:EURN)
Euronav NV, together with its subsidiaries, owns, operates, and manages a fleet of vessels for the ocean transportation and storage of crude oil and petroleum products worldwide. The company operates through two segments, Tankers; and Floating Production, Storage, and Offloading Operations. As of April 4, 2017, it owned and operated a fleet of 55 double hulled vessels, including 31 very large crude carriers, 1 V-Plus vessel, 19 Suezmax vessels, and 2 floating, storage, and offloading vessels, as well as 2 Suezmax vessels under construction. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.
Industry, Sector and Symbol:
- Industry: Shipping
- Sub-Industry: N/A
- Sector: Transportation
- Symbol: NYSE:EURN
- CUSIP: N/A
- Web: www.euronav.com
- Debt-to-Equity Ratio: 0.46%
- Current Ratio: 1.29%
- Quick Ratio: 1.64%
Sales & Book Value:
- Trailing P/E Ratio: 121.43
- Forward P/E Ratio: -140.83
- Annual Sales: $691.26 million
- Price / Sales: 1.95
- Cash Flow: $2.53 per share
- Price / Cash: 3.34
- Book Value: $11.47 per share
- Price / Book: 0.74
- Annual Dividend: $0.12
- Dividend Yield: 1.4%
- Trailing EPS: $1.29
- Net Income: $204.04 million
- Net Margins: 5.90%
- Return on Equity: 0.49%
- Return on Assets: 0.31%
- Employees: 3,051
- Outstanding Shares: 159,210,000
Frequently Asked Questions for Euronav NV (NYSE:EURN)
What is Euronav NV's stock symbol?
Euronav NV trades on the New York Stock Exchange (NYSE) under the ticker symbol "EURN."
How often does Euronav NV pay dividends? What is the dividend yield for Euronav NV?
Euronav NV announced a semiannual dividend on Thursday, August 10th. Stockholders of record on Tuesday, September 26th will be paid a dividend of $0.06 per share on Thursday, October 5th. This represents a dividend yield of 1.61%. The ex-dividend date of this dividend is Monday, September 25th. View Euronav NV's Dividend History.
How were Euronav NV's earnings last quarter?
Euronav NV (NYSE:EURN) announced its quarterly earnings results on Thursday, January, 26th. The shipping company reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.25. The shipping company had revenue of $147.74 million for the quarter, compared to analyst estimates of $129.51 million. Euronav NV had a return on equity of 0.49% and a net margin of 5.90%. View Euronav NV's Earnings History.
When will Euronav NV make its next earnings announcement?
Where is Euronav NV's stock going? Where will Euronav NV's stock price be in 2017?
3 brokers have issued 1-year price targets for Euronav NV's stock. Their predictions range from $8.00 to $10.00. On average, they expect Euronav NV's share price to reach $9.00 in the next year. View Analyst Ratings for Euronav NV.
Who are some of Euronav NV's key competitors?
Some companies that are related to Euronav NV include Werner Enterprises (WERN), GATX Corporation (GATX), Jungheinrich AG (JGHAF), PostNL NV (PNLYY), Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB), Forward Air Corporation (FWRD), Saia (SAIA), Hertz Global Holdings (HTZ), Atlas Air Worldwide Holdings (AAWW), Stagecoach Grp (SAGKF), China Cosco Holdings (CICOY), Matson (MATX), Marten Transport (MRTN), Pacific Basin Shipping (PCFBY), Echo Global Logistics (ECHO), Universal Logistics Holdings (ULH), Scorpio Bulkers (SALT) and Covenant Transportation Group (CVTI).
When did Euronav NV IPO?
(EURN) raised $176 million in an initial public offering 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.
Who owns Euronav NV stock?
Euronav NV's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Huber Capital Management LLC (1.89%), Lasry Marc (1.10%), Alyeska Investment Group L.P. (0.35%), Jane Street Group LLC (0.20%), Allianz Asset Management GmbH (0.13%) and Dimensional Fund Advisors LP (0.06%). View Institutional Ownership Trends for Euronav NV.
Who sold Euronav NV stock? Who is selling Euronav NV stock?
Euronav NV's stock was sold by a variety of institutional investors in the last quarter, including Huber Capital Management LLC, Alyeska Investment Group L.P. and Jane Street Group LLC. View Insider Buying and Selling for Euronav NV.
Who bought Euronav NV stock? Who is buying Euronav NV stock?
How do I buy Euronav NV stock?
Shares of Euronav NV 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, Scottrade, Fidelity and Charles Schwab.
What is Euronav NV's stock price today?
One share of Euronav NV stock can currently be purchased for approximately $8.45.
How big of a company is Euronav NV?
Euronav NV has a market capitalization of $1.35 billion and generates $691.26 million in revenue each year. The shipping company earns $204.04 million in net income (profit) each year or $1.29 on an earnings per share basis. Euronav NV employs 3,051 workers across the globe.
How can I contact Euronav NV?
Euronav NV's mailing address is De Gerlachekaai 20, Antwerpen C9, 2000. The shipping company can be reached via phone at 323-247-4411 or via email at [email protected]
MarketBeat Community Rating for Euronav NV (NYSE EURN)MarketBeat's community ratings are surveys of what our community members think about Euronav NV and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Euronav NV (NYSE:EURN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 1 Hold Rating, 2 Buy Ratings, 0 Strong Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$9.00 (6.51% upside)|
Consensus Price Target History for Euronav NV (NYSE:EURN)
Analysts' Ratings History for Euronav NV (NYSE:EURN)
(Data available from 11/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/29/2017||Stifel Nicolaus||Set Price Target||Hold||$8.00||N/A|
|2/22/2017||Credit Suisse Group||Reiterated Rating||Outperform||N/A|
|1/3/2017||Deutsche Bank AG||Upgrade||Hold -> Buy||$8.50 -> $10.00||N/A|
|10/8/2016||Citigroup Inc.||Reiterated Rating||Buy||$11.00 -> $9.00||N/A|
|9/27/2016||Wells Fargo & Company||Reiterated Rating||Buy||N/A|
|8/25/2016||Morgan Stanley||Downgrade||Overweight -> Equal Weight||N/A|
|5/4/2016||Seaport Global Securities||Initiated Coverage||Buy||$17.00||N/A|
|4/7/2016||J P Morgan Chase & Co||Reiterated Rating||Hold||$16.00 -> $13.00||N/A|
Earnings History and Estimates Chart for Euronav NV (NYSE:EURN)
Earnings History by Quarter for Euronav NV (NYSE EURN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/25/2018|| || || || || || || || |
|4/26/2017||3/31/2017||$0.18||$0.22||$153.13 million||$164.16 million||View||N/A|
|1/26/2017||12/31/2016||$0.07||$0.32||$129.51 million||$147.74 million||View||N/A|
|7/28/2016||Q2||$0.38||$0.25||$183.57 million||$189.58 million||View||Listen|
|4/27/2016||Q116||$0.60||$0.72||$213.46 million||$214.90 million||View||Listen|
|3/17/2016||Q415||$0.62||$0.66||$217.95 million||$225.64 million||View||N/A|
|10/29/2015||Q3||$0.51||$0.46||$202.68 million||$204.33 million||View||Listen|
|7/30/2015||Q2||$0.57||$0.58||$201.39 million||$212.01 million||View||Listen|
|4/30/2015||Q1||$0.44||$0.54||$172.31 million||$204.52 million||View||N/A|
Earnings Estimates for Euronav NV (NYSE:EURN)
Current Year EPS Consensus Estimate: $-0.06 EPS
Next Year EPS Consensus Estimate: $-0.18 EPS
Current Dividend Information for Euronav NV (NYSE:EURN)
|Most Recent Dividend:||10/5/2017|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||9.30% (Trailing 12 Months of Earnings) |
-200.00% (Based on This Year's Estimates)
-66.67% (Based on Next Year's Estimates)
Dividend History by Quarter for Euronav NV (NYSE EURN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Euronav NV (NYSE EURN)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Euronav NV (NYSE:EURN)
Latest Headlines for Euronav NV (NYSE EURN)
Financials are not available for this stock.
Euronav NV (NYSE EURN) Chart for Friday, November, 17, 2017