NYSE:INSW - International Seaways Stock Price, Forecast & News

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

International Seaways Inc (NYSE:INSW) posted its quarterly earnings results on Thursday, November, 7th. The transportation company reported ($0.41) EPS for the quarter, missing the consensus estimate of ($0.38) by $0.03. The transportation company had revenue of $71.28 million for the quarter, compared to analysts' expectations of $72.42 million. International Seaways had a negative return on equity of 0.69% and a negative net margin of 2.85%. View International Seaways' Earnings History.

International Seaways is scheduled to release their next quarterly earnings announcement on Tuesday, March 10th 2020. View Earnings Estimates for International Seaways.

2 analysts have issued twelve-month price targets for International Seaways' stock. Their forecasts range from $30.00 to $31.00. On average, they expect International Seaways' stock price to reach $30.50 in the next twelve months. This suggests a possible upside of 14.9% from the stock's current price. View Analyst Price Targets for International Seaways.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Seaways in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for International Seaways.

News articles about INSW stock have been trending positive recently, InfoTrie reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. International Seaways earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned media coverage about the transportation company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for International Seaways.

International Seaways saw a drop in short interest in December. As of December 31st, there was short interest totalling 391,300 shares, a drop of 16.8% from the December 15th total of 470,100 shares. Based on an average trading volume of 268,400 shares, the short-interest ratio is presently 1.5 days. Currently, 1.4% of the company's stock are sold short. View International Seaways' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other International Seaways investors own include Scorpio Tankers (STNG), Teekay Tankers (TNK), Golar LNG (GLNG), Golar LNG Partners (GMLP), Brookfield Renewable Partners (BEP), Centurylink (CTL), Diamond S Shipping (DSSI), Energy Transfer LP Unit (ET), Ford Motor (F) and Dorian LPG (LPG).

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 $26.55.

International Seaways has a market capitalization of $777.12 million and generates $270.36 million in revenue each year. The transportation company earns $-88,940,000.00 in net income (profit) each year or ($2.20) on an earnings per share basis. International Seaways employs 1,642 workers across the globe.View Additional Information About International Seaways.

The official website for International Seaways is http://www.intlseas.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.