International Seaways Stock Price, News & Analysis (NYSE:INSW)

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Seaways in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" INSW shares.
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4 brokerages have issued 12 month price targets for International Seaways' shares. Their INSW share price targets range from $54.00 to $70.00. On average, they expect the company's stock price to reach $60.20 in the next twelve months. This suggests a possible upside of 34.3% from the stock's current price.
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International Seaways' stock was trading at $37.02 at the beginning of the year. Since then, INSW shares have increased by 21.0% and is now trading at $44.81.
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International Seaways saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 1,060,000 shares, a decline of 32.9% from the October 31st total of 1,580,000 shares. Based on an average daily trading volume, of 538,900 shares, the short-interest ratio is presently 2.0 days.
View International Seaways' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our INSW earnings forecast.

International Seaways, Inc. (NYSE:INSW) released its quarterly earnings results on Tuesday, November, 7th. The transportation company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.68 by $0.31. The transportation company had revenue of $241.71 million for the quarter, compared to analysts' expectations of $218.03 million. International Seaways had a trailing twelve-month return on equity of 39.60% and a net margin of 55.45%.

International Seaways announced a quarterly dividend on Monday, November 6th. Investors of record on Wednesday, December 13th will be given a dividend of $1.25 per share on Wednesday, December 27th. This represents a $5.00 dividend on an annualized basis and a yield of 11.16%. The ex-dividend date of this dividend is Tuesday, December 12th.
Read our dividend analysis for INSW.

International Seaways (NYSE:INSW) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.03%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 3.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INSW will have a dividend payout ratio of 6.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INSW.

ETFs with the largest weight of International Seaways (NYSE:INSW) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ), SonicShares Global Shipping ETF (BOAT), Alpha Architect U.S. Quantitative Value ETF (QVAL) and Hypatia Women CEO ETF (WCEO).First Trust Small Cap Growth AlphaDEX Fund (FYC).

Based on aggregate information from My MarketBeat watchlists, some companies that other International Seaways investors own include Scorpio Tankers (STNG), Euronav (EURN), Teekay Tankers (TNK), Gilead Sciences (GILD), Nordic American Tankers (NAT), Enterprise Products Partners (EPD), Ford Motor (F), Frontline (FRO), Capital Product Partners (CPLP) and Enbridge (ENB).

International Seaways' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Pale Fire Capital SE (3.56%), Victory Capital Management Inc. (2.14%), Hosking Partners LLP (1.97%), Morgan Stanley (1.39%), Loomis Sayles & Co. L P (0.97%) and Private Management Group Inc. (0.95%). Insiders that own company stock include Craig H Stevenson Jr, David I Greenberg, Derek G Solon, Douglas D Wheat, Finance Ltd Famatown, Ian T Blackley, James D Small III, Jeffrey Pribor, Lois K Zabrocky, Randee E Day and William F Nugent.
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Shares of INSW 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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