International Seaways Stock Forecast, Price & News

International Seaways' stock was trading at $21.65 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, INSW stock has decreased by 22.8% and is now trading at $16.71.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Seaways in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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International Seaways is scheduled to release its next quarterly earnings announcement on Tuesday, March 2nd 2021.
View our earnings forecast for International Seaways.

International Seaways, Inc. (NYSE:INSW) issued its quarterly earnings results on Friday, November, 6th. The transportation company reported $0.98 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.75 by $0.23. The transportation company had revenue of $99.88 million for the quarter, compared to analyst estimates of $94.96 million. International Seaways had a return on equity of 13.51% and a net margin of 22.19%.
View International Seaways' earnings history.

International Seaways announced a quarterly dividend on Friday, November 6th. Stockholders of record on Tuesday, December 8th will be paid a dividend of $0.06 per share on Wednesday, December 23rd. This represents a $0.24 annualized dividend and a yield of 1.44%. The ex-dividend date is Monday, December 7th.
View International Seaways' dividend history.

6 equities research analysts have issued 1 year price objectives for International Seaways' shares. Their forecasts range from $18.00 to $35.00. On average, they expect International Seaways' share price to reach $25.20 in the next twelve months. This suggests a possible upside of 50.8% from the stock's current price.
View analysts' price targets for International Seaways.

International Seaways saw a increase in short interest during the month of October. As of October 30th, there was short interest totaling 1,750,000 shares, an increase of 17.4% from the October 15th total of 1,490,000 shares. Based on an average daily volume of 209,300 shares, the days-to-cover ratio is currently 8.4 days. Currently, 6.4% of the company's shares are short sold.
View International Seaways' Short Interest.

Some companies that are related to International Seaways include Teekay LNG Partners (TGP), Golar LNG (GLNG), Golden Ocean Group (GOGL), KNOT Offshore Partners (KNOP), Nordic American Tankers (NAT), Höegh LNG Partners (HMLP), Flex LNG (FLNG), Tidewater (TDW), Teekay Tankers (TNK), GasLog (GLOG), Golar LNG Partners (GMLP), GasLog Partners (GLOP), Dynagas LNG Partners (DLNG), Odyssey Marine Exploration (OMEX) and EuroDry (EDRY).
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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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (6.34%), Donald Smith & CO. Inc. (6.22%), State Street Corp (1.71%), Hosking Partners LLP (1.48%), Charles Schwab Investment Management Inc. (1.01%) and Arrowstreet Capital Limited Partnership (0.93%). 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 BlackRock Inc., State Street Corp, Donald Smith & CO. Inc., WINTON GROUP Ltd, Wells Fargo & Company MN, Morgan Stanley, Paloma Partners Management Co, and Foundry Partners LLC.
View insider buying and selling activity for International Seaways.

INSW stock was acquired by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, First Trust Advisors LP, JPMorgan Chase & Co., Hosking Partners LLP, Mangrove Partners, Trexquant Investment LP, Vestcor Inc, and Charles Schwab Investment Management Inc..
View insider buying and selling activity 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 $16.71.

International Seaways has a market capitalization of $467.63 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.