Euronav Stock Forecast, Price & News

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last twelve months. There are currently 3 hold ratings and 5 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 decrease in short interest in the month of March. As of March 15th, there was short interest totaling 2,460,000 shares, a decrease of 26.1% from the February 28th total of 3,330,000 shares. Based on an average daily volume of 1,420,000 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.5% of the company's shares are short sold.
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) issued its quarterly earnings results on Thursday, February, 4th. The shipping company reported ($0.29) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.24) by $0.05. The shipping company earned $111.50 million during the quarter, compared to analyst estimates 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. Since then, EURN shares have decreased by 14.5% and is now trading at $8.42.
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Euronav announced a quarterly dividend on Thursday, February 4th. Investors 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 annualized dividend and a yield of 5.70%. The ex-dividend date 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 0.91%. 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.

8 Wall Street analysts have issued 1-year price targets for Euronav's stock. Their forecasts range from $11.00 to $13.50. On average, they expect Euronav's share price to reach $12.38 in the next year. This suggests a possible upside of 47.0% from the stock's current price.
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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), Pacific Basin Shipping (PCFBY), Costamare (CMRE), Danaos (DAC), Scorpio Tankers (STNG), DHT (DHT), SFL (SFL), Seacor (CKH), TORM (TRMD), Navigator (NVGS), Dorian LPG (LPG), Global Ship Lease (GSL) 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."

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 $8.42.

Euronav has a market capitalization of $1.85 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]