NYSE:INSWInternational Seaways Stock Price, Forecast & News

International Seaways' stock was trading at $21.65 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, INSW shares have decreased by 27.3% and is now trading at $15.73. 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) announced its quarterly earnings results on Thursday, May, 7th. The transportation company reported $1.49 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.47 by $0.02. The transportation company had revenue of $125.34 million for the quarter, compared to analysts' expectations of $123.34 million. International Seaways had a return on equity of 5.48% and a net margin of 5.46%. View International Seaways' earnings history.

International Seaways announced a quarterly dividend on Wednesday, May 20th. Stockholders of record on Monday, June 8th will be paid a dividend of $0.06 per share on Monday, June 22nd. This represents a $0.24 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date is Friday, June 5th. View International Seaways' dividend history.

5 equities research analysts have issued 12 month target prices for International Seaways' shares. Their forecasts range from $18.00 to $35.00. On average, they anticipate International Seaways' stock price to reach $27.20 in the next twelve months. This suggests a possible upside of 72.9% from the stock's current price. View analysts' price targets for International Seaways.

News stories about INSW stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. International Seaways earned a news sentiment score of -2.1 on InfoTrie's scale. They also assigned news stories about the transportation company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. 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 trading volume of 521,500 shares, the short-interest ratio is currently 2.2 days. Approximately 4.0% 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), 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 $15.73.

International Seaways has a market capitalization of $453.65 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.