Euronav - EURN Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" EURN shares.
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4 Wall Street analysts have issued 1-year target prices for Euronav's stock. Their EURN share price forecasts range from $15.00 to $20.00. On average, they anticipate the company's stock price to reach $18.33 in the next twelve months. This suggests a possible upside of 9.6% from the stock's current price.
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Euronav's stock was trading at $8.89 at the start of the year. Since then, EURN stock has increased by 88.2% and is now trading at $16.73.
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Euronav saw a increase in short interest in August. As of August 31st, there was short interest totaling 2,440,000 shares, an increase of 22.6% from the August 15th total of 1,990,000 shares. Based on an average daily volume of 1,260,000 shares, the short-interest ratio is presently 1.9 days. Approximately 2.2% of the company's shares are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
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Euronav NV (NYSE:EURN) posted its quarterly earnings data on Thursday, August, 4th. The shipping company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.04. The shipping company had revenue of $105.28 million for the quarter, compared to analysts' expectations of $127.48 million. Euronav had a negative net margin of 46.72% and a negative trailing twelve-month return on equity of 12.34%.

Euronav announced a quarterly dividend on Tuesday, August 9th. Stockholders of record on Wednesday, August 31st will be paid a dividend of $0.03 per share on Friday, September 9th. This represents a $0.12 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Tuesday, August 30th.
Read our dividend analysis for EURN.

Euronav (NYSE:EURN) pays an annual dividend of $0.02 per share and currently has a dividend yield of 0.12%.
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 (IPO) 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 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 variety of institutional and retail investors. Top institutional investors include FMR LLC (4.71%), M&G Investment Management Ltd. (3.92%), JPMorgan Chase & Co. (0.79%), Goldman Sachs Group Inc. (0.60%), ING Groep NV (0.35%) and Swiss National Bank (0.21%).

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 $16.73.

Euronav (NYSE:EURN) has a market capitalization of $3.37 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 ($1.12) 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.