NYSE:EURNEuronav Stock Price, Forecast & News

Euronav's stock was trading at $9.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, EURN shares have increased by 0.8% and is now trading at $9.93. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Euronav.

Euronav is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Euronav.

Euronav NV (NYSE:EURN) released its quarterly earnings results on Thursday, May, 7th. The shipping company reported $1.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.91 by $0.14. The shipping company earned $383.99 million during the quarter, compared to analysts' expectations of $341.69 million. Euronav had a net margin of 29.07% and a return on equity of 14.13%. View Euronav's earnings history.

Euronav announced a quarterly dividend on Thursday, May 14th. Investors of record on Tuesday, June 16th will be paid a dividend of $0.81 per share on Friday, June 26th. This represents a $3.24 annualized dividend and a yield of 32.63%. The ex-dividend date of this dividend is Monday, June 15th. View Euronav's dividend history.

4 analysts have issued 12-month price targets for Euronav's shares. Their forecasts range from $13.50 to $16.00. On average, they anticipate Euronav's stock price to reach $14.75 in the next twelve months. This suggests a possible upside of 48.5% from the stock's current price. View analysts' price targets for Euronav.

News articles about EURN stock have trended very negative on Wednesday, InfoTrie reports. The research group identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Euronav earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutEuronav.

Euronav saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,220,000 shares, an increase of 51.9% from the April 30th total of 2,120,000 shares. Based on an average daily trading volume, of 3,140,000 shares, the days-to-cover ratio is currently 1.0 days. Approximately 1.8% of the shares of the company are short sold. View Euronav's Current Options Chain.

Some companies that are related to Euronav include SEASPAN CORP/SH SH (SSW), Frontline (FRO), Ship Finance International (SFL), Scorpio Tankers (STNG), DHT (DHT), Torm (TRMD), PAC BASIN SHIPP/ADR (PCFBY), COSTAMARE INC/SH (CMRE), Seacor (CKH), Star Bulk Carriers (SBLK), Navigator (NVGS), DryShips (DRYS), Dorian LPG (LPG), Teekay (TK) and TSAKOS ENERGY N/SH (TNP). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Euronav investors own include Nordic American Tanker (NAT), Gilead Sciences (GILD), DHT (DHT), General Electric (GE), Micron Technology (MU), Scorpio Tankers (STNG), Cisco Systems (CSCO), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET) and Walt Disney (DIS).

(EURN) raised $176 million in an initial public offering (IPO) 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 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 variety of institutional and retail investors. Top institutional shareholders include M&G Investment Management Ltd. (5.00%), Odey Asset Management Group Ltd (1.45%), Thrivent Financial for Lutherans (1.23%), Frontier Capital Management Co. LLC (1.20%), Russell Investments Group Ltd. (1.11%) and QVT Financial LP (0.85%).

EURN stock was sold by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Morgan Stanley, Morgan Stanley, JPMorgan Chase & Co., Deprince Race & Zollo Inc., Wellington Management Group LLP, Victory Capital Management Inc., and Victory Capital Management Inc..

EURN stock was acquired by a variety of institutional investors in the last quarter, including M&G Investment Management Ltd., Armor Advisors L.L.C., Balyasny Asset Management LLC, Pictet Asset Management Ltd., Frontier Capital Management Co. LLC, Deutsche Bank AG, Hartree Partners LP, and Jane Street Group LLC.

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, Robinhood, Fidelity, and Charles Schwab.

One share of EURN stock can currently be purchased for approximately $9.93.

Euronav has a market capitalization of $2.18 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 2,900 workers across the globe.

The official website for Euronav is www.euronav.com.

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]