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) released its quarterly earnings results on Thursday, August, 8th. The transportation company reported ($0.51) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.54) by $0.03. The transportation company had revenue of $69.01 million for the quarter, compared to the consensus estimate of $71.97 million. International Seaways had a negative net margin of 2.85% and a negative return on equity of 0.69%. 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 brokers have issued twelve-month price objectives for International Seaways' stock. Their forecasts range from $30.00 to $31.00. On average, they anticipate International Seaways' stock price to reach $30.50 in the next year. This suggests a possible upside of 45.7% 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 headlines about INSW stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. International Seaways earned a media sentiment score of 1.1 on InfoTrie's scale. They also gave news articles about the transportation company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the stock's share price in the next few days. View News Stories for International Seaways.

International Seaways saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 546,200 shares, an increase of 39.6% from the January 15th total of 391,300 shares. Based on an average trading volume of 284,500 shares, the short-interest ratio is currently 1.9 days. Approximately 1.9% of the shares of the company are short sold. View International Seaways' Current Options Chain.

Some companies that are related to International Seaways include Matson (MATX), Golar LNG (GLNG), Teekay Lng Partners (TGP), Golden Ocean Group (GOGL), Tidewater (TDW), Teekay Offshore Partners (TOO), KNOT Offshore Partners (KNOP), GasLog (GLOG), Teekay Tankers (TNK), Nordic American Tanker (NAT), Hoegh LNG Partners (HMLP), Golar LNG Partners (GMLP), GasLog Partners LP Unit (GLOP), 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), Capital Product Partners (CPLP), Golar LNG (GLNG), Golar LNG Partners (GMLP), Diamond S Shipping (DSSI), Energy Transfer LP Unit (ET), Dorian LPG (LPG), Teekay Lng Partners (TGP) and Euronav (EURN).

International Seaways' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Donald Smith & CO. Inc. (6.37%), Yost Capital Management LP (2.10%), State Street Corp (1.81%), Goldman Sachs Group Inc. (1.54%), Hosking Partners LLP (1.26%) and Charles Schwab Investment Management Inc. (0.94%). Company insiders that own International Seaways stock include Bluemountain Capital Managemen, Jeffrey Pribor, Paulson & Co Inc 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 Donald Smith & CO. Inc., Yost Capital Management LP, Bank of America Corp DE, Alambic Investment Management L.P., Hosking Partners LLP, Charles Schwab Investment Management Inc., Russell Investments Group Ltd. and Founders Capital Management. Company insiders that have sold International Seaways company stock in the last year include Jeffrey Pribor and Randee E Day. View Insider Buying and Selling for International Seaways.

INSW stock was purchased by a variety of institutional investors in the last quarter, including Oxford Asset Management LLP, Goldman Sachs Group Inc., Man Group plc, EAM Investors LLC, Chicago Equity Partners LLC, Jeereddi Investments LP, EAM Global Investors LLC and AJO LP. View Insider Buying and Selling for International Seaways.

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 $20.93.

International Seaways has a market capitalization of $612.62 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.