Euronav - EURN Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EURN shares.
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6 brokerages have issued twelve-month target prices for Euronav's shares. Their EURN share price forecasts range from $16.00 to $24.20. On average, they expect the company's stock price to reach $19.24 in the next year. This suggests a possible upside of 22.2% from the stock's current price.
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Euronav's stock was trading at $17.04 at the beginning of 2023. Since then, EURN stock has decreased by 7.6% and is now trading at $15.74.
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Euronav saw a decline in short interest in January. As of January 15th, there was short interest totaling 2,180,000 shares, a decline of 44.1% from the December 31st total of 3,900,000 shares. Based on an average daily trading volume, of 2,380,000 shares, the days-to-cover ratio is currently 0.9 days. Approximately 1.9% of the shares of the stock are sold short.
View Euronav's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 2nd 2023.
View our EURN earnings forecast.

Euronav NV (NYSE:EURN) announced its quarterly earnings data on Friday, November, 4th. The shipping company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.09. The shipping company had revenue of $167.94 million for the quarter, compared to the consensus estimate of $169.83 million. Euronav had a negative net margin of 17.12% and a negative trailing twelve-month return on equity of 6.16%.

Euronav announced a dividend on Thursday, November 17th. Shareholders of record on Tuesday, November 22nd will be given a dividend of $0.03 per share on Tuesday, November 29th. This represents a yield of 0.61%. The ex-dividend date is Monday, November 21st.
Read our dividend analysis for EURN.

3 employees have rated Euronav Chief Executive Officer Paddy Rodgers on Glassdoor.com. Paddy Rodgers has an approval rating of 100% among the company's employees. This puts Paddy Rodgers in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Euronav investors own include DHT (DHT), Golar LNG Partners (GMLP), Gran Tierra Energy (GTE), Matinas BioPharma (MTNB), EnLink Midstream (ENLC), Organigram (OGI), Enerplus (ERF), Pennsylvania Real Estate Investment Trust (PEI), ADMA Biologics (ADMA) and New Residential Investment (NRZ).

(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 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 retail and institutional investors. Top institutional shareholders include M&G Investment Management Ltd. (1.79%), FNY Investment Advisers LLC (0.05%), Palliser Capital UK Ltd (0.02%), Vestmark Advisory Solutions Inc. (0.01%), Fifth Third Bancorp (0.00%) and RFP Financial Group LLC (0.00%).

Shares of EURN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EURN stock can currently be purchased for approximately $15.74.

Euronav (NYSE:EURN) has a market capitalization of $3.17 billion and generates $430.02 million in revenue each year. The shipping company earns $-338,780,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis.

The company employs 3,147 workers across the globe.

Euronav's mailing address is DE GERLACHEKAAI 20, ANTWERP C9, 2000. The official website for the company is www.euronav.com. The shipping company can be reached via phone at (323) 247-4411, via email at ir@euronav.com, or via fax at 323-247-4409.