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 (WHO). Since then, EURN shares have decreased by 17.3% and is now trading at $8.15. 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) released its quarterly earnings data on Thursday, May, 7th. The shipping company reported $1.05 EPS 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 analysts' expectations of $341.69 million. Euronav had a return on equity of 14.13% and a net margin of 29.07%. 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 39.75%. The ex-dividend date of this dividend is Monday, June 15th. View Euronav's dividend history.

4 brokerages have issued 1 year target prices 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 twelve months. This suggests a possible upside of 81.0% from the stock's current price. View analysts' price targets for Euronav.

Media headlines about EURN stock have trended somewhat positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Euronav earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave media stories about the shipping company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View the latest news about Euronav.

Euronav saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,710,000 shares, an increase of 35.7% from the May 31st total of 1,260,000 shares. Based on an average trading volume of 3,530,000 shares, the short-interest ratio is presently 0.5 days. Approximately 1.0% of the company's stock are sold short. 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), Scorpio Tankers (STNG), DHT (DHT), 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 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."

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 $8.15.

Euronav has a market capitalization of $1.79 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]