NYSE:INSWInternational Seaways Stock Price, Forecast & News

International Seaways' stock was trading at $21.65 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, INSW stock has decreased by 23.7% and is now trading at $16.52. View which stocks have been most impacted by Coronavirus.

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

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

International Seaways Inc (NYSE:INSW) issued its quarterly earnings results on Thursday, May, 7th. The transportation company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.02. The transportation company earned $125.34 million during the quarter, compared to analyst estimates of $123.34 million. International Seaways had a net margin of 5.46% and a return on equity of 5.48%. View International Seaways' earnings history.

International Seaways declared a quarterly dividend on Wednesday, May 20th. Stockholders of record on Monday, June 8th will be given a dividend of $0.06 per share on Monday, June 22nd. This represents a $0.24 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Friday, June 5th. View International Seaways' dividend history.

5 equities research analysts have issued 1-year price objectives for International Seaways' stock. Their forecasts range from $18.00 to $35.00. On average, they anticipate International Seaways' share price to reach $27.20 in the next twelve months. This suggests a possible upside of 64.6% from the stock's current price. View analysts' price targets for International Seaways.

News articles about INSW stock have trended negative on Friday, according to InfoTrie Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. International Seaways earned a media sentiment score of -2.4 on InfoTrie's scale. They also gave news stories about the transportation company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news about International Seaways.

International Seaways saw a increase in short interest in June. As of June 30th, there was short interest totaling 1,150,000 shares, an increase of 17.5% from the June 15th total of 978,500 shares. Based on an average daily trading volume, of 521,500 shares, the days-to-cover ratio is currently 2.2 days. Currently, 4.0% of the company's shares are short sold. View International Seaways' Current Options Chain.

Some companies that are related to International Seaways include Matson (MATX), Teekay Lng Partners (TGP), Golar LNG (GLNG), Nordic American Tanker (NAT), Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP), Teekay Tankers (TNK), Hoegh LNG Partners (HMLP), GasLog (GLOG), Tidewater (TDW), GasLog Partners LP Unit (GLOP), Golar LNG Partners (GMLP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX) and EuroDry (EDRY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other International Seaways investors own include Scorpio Tankers (STNG), Euronav (EURN), Gilead Sciences (GILD), Nordic American Tanker (NAT), Teekay Tankers (TNK), Inovio Pharmaceuticals (INO), DHT (DHT), Enterprise Products Partners (EPD), Frontline (FRO) and Pfizer (PFE).

International Seaways trades on the New York Stock Exchange (NYSE) under the ticker symbol "INSW."

Shares of INSW 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 INSW stock can currently be purchased for approximately $16.52.

International Seaways has a market capitalization of $476.50 million and generates $366.18 million in revenue each year. The transportation company earns $-830,000.00 in net income (profit) each year or $0.61 on an earnings per share basis. International Seaways employs 1,666 workers across the globe.

The official website for International Seaways is www.internationalseaways.com.

International Seaways' mailing address is 600 THIRD AVENUE 39TH FLOOR, NEW YORK NY, 10016. The transportation company can be reached via phone at 212-578-1600.