NYSE:EURNEuronav Stock Price, Forecast & News

Euronav's stock was trading at $9.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, EURN shares have increased by 3.6% and is now trading at $10.20.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last year. There are currently 1 hold rating and 4 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 Tuesday, November 3rd 2020.
View our earnings forecast for Euronav.

Euronav NV (NYSE:EURN) announced its earnings results on Thursday, May, 7th. The shipping company reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.91 by $0.14. The shipping company had revenue of $383.99 million for the quarter, compared to analysts' expectations of $341.69 million. Euronav had a net margin of 45.05% and a return on equity of 25.72%.
View Euronav's earnings history.

Euronav announced a quarterly dividend on Monday, August 10th. Investors of record on Wednesday, August 19th will be given a dividend of $0.47 per share on Friday, August 28th. This represents a $1.88 dividend on an annualized basis and a yield of 18.43%. The ex-dividend date of this dividend is Tuesday, August 18th.
View Euronav's dividend history.

5 equities research analysts have issued twelve-month target prices for Euronav's stock. Their forecasts range from $13.50 to $13.50. On average, they expect Euronav's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 32.4% from the stock's current price.
View analysts' price targets for Euronav.

News stories about EURN stock have trended extremely negative on Thursday, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Euronav earned a media sentiment score of -4.1 on InfoTrie's scale. They also gave media headlines about the shipping company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.
View the latest news about Euronav.

Euronav saw a decrease in short interest in May. As of May 15th, there was short interest totaling 1,260,000 shares, a decrease of 60.9% from the April 30th total of 3,220,000 shares. Based on an average daily volume of 3,410,000 shares, the short-interest ratio is presently 0.4 days. Currently, 0.7% of the shares of the stock are sold short.
View Euronav's Short Interest.

Some companies that are related to Euronav include SEASPAN CORP/SH SH (SSW), Frontline (FRO), TOP SHIPS (TOPS), Ship Finance International (SFL), DHT (DHT), Scorpio Tankers (STNG), Star Bulk Carriers (SBLK), Seacor (CKH), COSTAMARE INC/SH (CMRE), PAC BASIN SHIPP/ADR (PCFBY), Torm (TRMD), Navigator (NVGS), Dorian LPG (LPG), DryShips (DRYS) and Genco Shipping & Trading (GNK).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Euronav investors own include Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), DHT (DHT), Gran Tierra Energy (GTE), Golar LNG Partners (GMLP), Matinas BioPharma (MTNB), EnLink Midstream (ENLC), Enerplus (ERF), Pennsylvania R.E.I.T. (PEI) and ADMA Biologics (ADMA).

(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 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.

Euronav trades on the New York Stock Exchange (NYSE) under the ticker symbol "EURN."

Euronav's stock is owned by a number of institutional and retail investors. Top institutional shareholders include M&G Investment Management Ltd. (4.94%), Goldman Sachs Group Inc. (1.66%), Frontier Capital Management Co. LLC (1.55%), Russell Investments Group Ltd. (0.67%), Bank of New York Mellon Corp (0.20%) and Swiss National Bank (0.18%).

EURN stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Russell Investments Group Ltd., Bank of New York Mellon Corp, UBS Group AG, Goldman Sachs Group Inc., M&G Investment Management Ltd., Janney Montgomery Scott LLC, and Seven Eight Capital LP.

EURN stock was acquired by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Evolution Wealth Advisors LLC, Donald Smith & CO. Inc., Great Point Wealth Advisors LLC, DAVENPORT & Co LLC, Viking Fund Management LLC, Edmond DE Rothschild Holding S.A., and Aigen Investment Management LP.

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 $10.20.

Euronav has a market capitalization of $2.24 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]