Euronav NV, together with its subsidiaries, engages in 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 March 19, 2018, it owned and operated a fleet of 53 vessels, including 28 very large crude carriers, 1 V-Plus vessel, 22 Suezmax vessels, and 2 floating, storage, and offloading vessels, as well as 4 Suezmax vessels under construction. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
SymbolNYSE:EURN
CUSIPN/A
Phone323-247-4411
Debt
Debt-to-Equity Ratio0.45
Current Ratio1.49
Quick Ratio1.49
Price-To-Earnings
Trailing P/E Ratio-94.44
Forward P/E Ratio-9.15
P/E GrowthN/A
Sales & Book Value
Annual Sales$513.37 million
Price / Sales2.67
Cash Flow$1.3396 per share
Price / Cash6.42
Book Value$11.60 per share
Price / Book0.74
Profitability
EPS (Most Recent Fiscal Year)($0.09)
Net Income$1.38 million
Net Margins-16.10%
Return on Equity-5.18%
Return on Assets-3.30%
Miscellaneous
Employees3,051
Outstanding Shares159,210,000
Market Cap$1,385.12
Euronav (NYSE:EURN) Frequently Asked Questions
What is Euronav's stock symbol?
Euronav trades on the New York Stock Exchange (NYSE) under the ticker symbol "EURN."
How often does Euronav pay dividends? What is the dividend yield for Euronav?
Euronav announced a semiannual dividend on Thursday, August 10th. Investors of record on Tuesday, September 26th will be paid a dividend of $0.06 per share on Thursday, October 5th. This represents a yield of 1.61%. The ex-dividend date of this dividend is Monday, September 25th. View Euronav's Dividend History.
How were Euronav's earnings last quarter?
Euronav NV (NYSE:EURN) issued its quarterly earnings data on Wednesday, April, 25th. The shipping company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.21) by $0.04. The shipping company earned $78.33 million during the quarter, compared to analysts' expectations of $89.58 million. Euronav had a negative net margin of 16.10% and a negative return on equity of 5.18%. View Euronav's Earnings History.
When is Euronav's next earnings date?
What price target have analysts set for EURN?
6 brokers have issued 12 month target prices for Euronav's shares. Their forecasts range from $9.00 to $10.00. On average, they anticipate Euronav's stock price to reach $9.45 in the next twelve months. This suggests a possible upside of 9.9% from the stock's current price. View Analyst Ratings for Euronav.
What is the consensus analysts' recommendation for Euronav?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
Who are some of Euronav's key competitors?
Some companies that are related to Euronav include Ship Finance International (SFL), Pac BASIN SHIPP/ADR (PCFBY), SEASPAN Corp/SH SH (SSW), Seacor (CKH), Frontline (FRO), COSTAMARE Inc/SH (CMRE), Scorpio Tankers (STNG), Star Bulk Carriers (SBLK), Teekay (TK), Navigator (NVGS), DHT (DHT), Genco Shipping & Trading (GNK), Gener8 Maritime (GNRT), Scorpio Bulkers (SALT) and DryShips (DRYS).
Who are Euronav's key executives?
Euronav's management team includes the folowing people:
- Mr. Patrick Rodgers, CEO & Director (Age 59)
- Mr. Hugo De Stoop, Chief Financial Officer (Age 45)
- Captain Alex Staring, Chief Operating Officer and Chief Offshore Officer (Age 53)
- Mr. Brian Gallagher, Head of Investor Relations (Age 48)
- Mr. Egied Verbeeck, Gen. Counsel (Age 44)
When did Euronav IPO?
(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.
Has Euronav been receiving favorable news coverage?
Media stories about EURN stock have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Euronav earned a news sentiment score of 0.09 on Accern's scale. They also gave press coverage about the shipping company an impact score of 46.32 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
How do I buy shares of Euronav?
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, Scottrade, Fidelity and Charles Schwab.
What is Euronav's stock price today?
One share of EURN stock can currently be purchased for approximately $8.60.
How big of a company is Euronav?
Euronav has a market capitalization of $1.39 billion and generates $513.37 million in revenue each year. The shipping company earns $1.38 million in net income (profit) each year or ($0.09) on an earnings per share basis. Euronav employs 3,051 workers across the globe.
How can I contact Euronav?
Euronav'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 (NYSE EURN)
MarketBeat's community ratings are surveys of what our community members think about Euronav and other stocks. Vote "Outperform" if you believe EURN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EURN will underperform the S&P 500 over the long term. You may vote once every thirty days.
