Euronav Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Euronav stock.
View analyst ratings for Euronav or view top-rated stocks.

Wall Street analysts have given Euronav a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Euronav wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Euronav saw a increase in short interest in January. As of January 15th, there was short interest totaling 4,560,000 shares, an increase of 12.3% from the December 31st total of 4,060,000 shares. Based on an average daily volume of 1,500,000 shares, the days-to-cover ratio is currently 3.0 days. Approximately 2.7% of the company's stock are sold short.
View Euronav's Short Interest.

Euronav is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for Euronav.

Euronav NV (NYSE:EURN) announced its quarterly earnings results on Thursday, February, 4th. The shipping company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.24) by $0.05. The shipping company had revenue of $111.50 million for the quarter, compared to analysts' expectations of $122.79 million. Euronav had a trailing twelve-month return on equity of 27.32% and a net margin of 47.83%.
View Euronav's earnings history.

Euronav's stock was trading at $9.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EURN stock has decreased by 10.4% and is now trading at $8.83.
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Euronav declared a quarterly dividend on Thursday, February 4th. Stockholders of record on Thursday, February 25th will be paid a dividend of $0.12 per share on Friday, March 5th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.44%. The ex-dividend date of this dividend is Wednesday, February 24th.
View Euronav's dividend history.

Euronav pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.88%. The dividend payout ratio of Euronav is 14.55%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Euronav will have a dividend payout ratio of 13.33% next year. This indicates that Euronav will be able to sustain or increase its dividend.
View Euronav's dividend history.

5 analysts have issued 1-year target prices for Euronav's shares. Their forecasts range from $11.00 to $13.50. On average, they expect Euronav's share price to reach $12.17 in the next year. This suggests a possible upside of 37.8% from the stock's current price.
View analysts' price targets for Euronav or view top-rated stocks among Wall Street analysts.

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

Some companies that are related to Euronav include Atlas (ATCO), Star Bulk Carriers (SBLK), Frontline (FRO), Costamare (CMRE), Pacific Basin Shipping (PCFBY), Danaos (DAC), SFL (SFL), Seacor (CKH), Scorpio Tankers (STNG), DHT (DHT), Dorian LPG (LPG), TORM (TRMD), Global Ship Lease (GSL), Navigator (NVGS) and Genco Shipping & Trading (GNK).
View all of EURN's competitors.

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 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."

Euronav's stock is owned by a number of retail and institutional investors. Top institutional investors include M&G Investment Management Ltd. (5.01%), Renaissance Technologies LLC (1.00%), Donald Smith & CO. Inc. (0.93%), Frontier Capital Management Co. LLC (0.92%), Bank of New York Mellon Corp (0.90%) and Russell Investments Group Ltd. (0.85%).

EURN stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, M&G Investment Management Ltd., Sunbelt Securities Inc., QS Investors LLC, Wells Fargo & Company MN, Zurcher Kantonalbank Zurich Cantonalbank, Morgan Stanley, and State of Wisconsin Investment Board.

EURN stock was bought by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., Bank of New York Mellon Corp, Russell Investments Group Ltd., Credit Agricole S A, BlackRock Inc., Renaissance Technologies LLC, Barclays PLC, and Uniplan Investment Counsel Inc..

Shares of EURN 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 $8.83.

Euronav has a market capitalization of $1.94 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 is headquartered at DE GERLACHEKAAI 20, ANTWERP C9, 2000.

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]