International Seaways Stock Forecast, Price & News

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for International Seaways in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" International Seaways stock.
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Wall Street analysts have given International Seaways a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but International Seaways wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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International Seaways saw a increase in short interest in July. As of July 15th, there was short interest totaling 1,610,000 shares, an increase of 19.3% from the June 30th total of 1,350,000 shares. Based on an average trading volume of 232,100 shares, the days-to-cover ratio is presently 6.9 days.
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International Seaways is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for International Seaways.

International Seaways will be holding an earnings conference call on Monday, August 9th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "10159011".

International Seaways, Inc. (NYSE:INSW) posted its quarterly earnings data on Thursday, May, 6th. The transportation company reported ($0.48) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.54) by $0.06. The transportation company earned $46.76 million during the quarter, compared to analyst estimates of $48.98 million. International Seaways had a negative net margin of 15.13% and a positive trailing twelve-month return on equity of 6.65%.
View International Seaways' earnings history.

International Seaways' stock was trading at $21.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, INSW shares have decreased by 24.0% and is now trading at $16.45.
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International Seaways declared a None dividend on Thursday, July 1st. Stockholders of record on Wednesday, July 14th will be paid a dividend of $0.24 per share on Thursday, July 15th. This represents a yield of 1.25%. The ex-dividend date of this dividend is Tuesday, July 13th.
View International Seaways' dividend history.

International Seaways pays an annual dividend of $0.24 per share and currently has a dividend yield of 1.46%. International Seaways does not yet have a strong track record of dividend growth. The dividend payout ratio of International Seaways is 5.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, International Seaways will have a dividend payout ratio of 10.96% next year. This indicates that International Seaways will be able to sustain or increase its dividend.
View International Seaways' dividend history.

4 brokers have issued 1-year price targets for International Seaways' shares. Their forecasts range from $25.00 to $30.00. On average, they expect International Seaways' stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 64.1% from the stock's current price.
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Some companies that are related to International Seaways include Golden Ocean Group (GOGL), Teekay LNG Partners (TGP), Golar LNG (GLNG), FLEX LNG (FLNG), Tidewater (TDW), Teekay Tankers (TNK), Nordic American Tankers (NAT), GasLog Partners (GLOP), Höegh LNG Partners (HMLP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX), EuroDry (EDRY), Caspian Services (CSSV), Hornbeck Offshore Services (HOSSQ) and KNOT Offshore Partners (KNOP).
View all of INSW's competitors.

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

International Seaways' stock is owned by a number of institutional and retail investors. Top institutional investors include Exchange Traded Concepts LLC (0.09%) and Alliancebernstein L.P. (0.07%). Company insiders that own International Seaways stock include Jeffrey Pribor and Randee E Day.
View institutional ownership trends for International Seaways.

INSW stock was sold by a variety of institutional investors in the last quarter, including Alliancebernstein L.P..
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INSW stock was acquired by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC.
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Shares of INSW 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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One share of INSW stock can currently be purchased for approximately $16.45.

International Seaways has a market capitalization of $462.08 million and generates $421.65 million in revenue each year. The transportation company earns $-5,530,000.00 in net income (profit) each year or $4.39 on an earnings per share basis.

International Seaways employs 764 workers across the globe.

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

International Seaways is headquartered at 600 THIRD AVENUE 39TH FLOOR, NEW YORK NY, 10016.

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.