International Seaways (INSW) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Seaways in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" INSW shares.
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3 Wall Street analysts have issued 1 year target prices for International Seaways' shares. Their INSW share price targets range from $54.00 to $66.00. On average, they anticipate the company's share price to reach $58.25 in the next twelve months. This suggests a possible upside of 12.9% from the stock's current price.
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International Seaways' stock was trading at $45.48 at the start of the year. Since then, INSW stock has increased by 13.4% and is now trading at $51.59.
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International Seaways saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 812,000 shares, a drop of 18.8% from the March 15th total of 1,000,000 shares. Based on an average daily volume of 538,800 shares, the short-interest ratio is presently 1.5 days.
View International Seaways' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, May 3rd 2024.
View our INSW earnings forecast.

International Seaways, Inc. (NYSE:INSW) announced its quarterly earnings data on Thursday, February, 29th. The transportation company reported $2.18 earnings per share for the quarter, beating analysts' consensus estimates of $2.08 by $0.10. The transportation company earned $250.73 million during the quarter, compared to the consensus estimate of $239.36 million. International Seaways had a trailing twelve-month return on equity of 32.03% and a net margin of 51.92%.

International Seaways declared a quarterly dividend on Wednesday, February 28th. Shareholders of record on Thursday, March 14th will be paid a dividend of $1.20 per share on Thursday, March 28th. This represents a $4.80 annualized dividend and a yield of 9.30%. The ex-dividend date of this dividend is Wednesday, March 13th.
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 0.91%. The dividend payout ratio is 4.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INSW will have a dividend payout ratio of 5.96% 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 SonicShares Global Shipping ETF (BOAT), Invesco Oil & Gas Services ETF (PXJ), Alpha Architect U.S. Quantitative Value ETF (QVAL), U.S. Global Sea to Sky Cargo ETF (SEA), Hypatia Women CEO ETF (WCEO) and Royce Quant Small-Cap Quality Value ETF (SQLV).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 institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.04%), Baker Ellis Asset Management LLC (0.01%) and Los Angeles Capital Management LLC (0.01%). Insiders that own company stock include Alexandra Kate Blankenship, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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