NYSE:STNG - Scorpio Tankers Stock Price, Forecast & News

Scorpio Tankers trades on the New York Stock Exchange (NYSE) under the ticker symbol "STNG."

Scorpio Tankers announced a quarterly dividend on Thursday, November 7th. Shareholders of record on Monday, November 25th will be given a dividend of $0.10 per share on Friday, December 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.09%. The ex-dividend date is Friday, November 22nd. View Scorpio Tankers' Dividend History.

Shares of Scorpio Tankers reverse split before market open on Friday, January 18th 2019. The 1-10 reverse split was announced on Tuesday, January 15th 2019. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, January 17th 2019. An investor that had 100 shares of Scorpio Tankers stock prior to the reverse split would have 10 shares after the split.

Scorpio Tankers Inc. (NYSE:STNG) announced its quarterly earnings results on Thursday, November, 7th. The shipping company reported ($0.92) EPS for the quarter, missing analysts' consensus estimates of ($0.86) by $0.06. The shipping company had revenue of $136.07 million for the quarter, compared to analysts' expectations of $142.53 million. Scorpio Tankers had a negative return on equity of 4.13% and a negative net margin of 12.03%. The company's revenue was up 14.1% on a year-over-year basis. During the same period last year, the firm posted ($0.21) earnings per share. View Scorpio Tankers' Earnings History.

Scorpio Tankers is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Scorpio Tankers.

6 brokerages have issued twelve-month price targets for Scorpio Tankers' stock. Their forecasts range from $34.00 to $40.00. On average, they expect Scorpio Tankers' share price to reach $37.80 in the next year. This suggests a possible upside of 3.5% from the stock's current price. View Analyst Price Targets for Scorpio Tankers.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Scorpio Tankers.

Media coverage about STNG stock has been trending somewhat positive on Monday, according to InfoTrie Sentiment Analysis. The research firm 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 negative five to five, with scores closest to five being the most favorable. Scorpio Tankers earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned media headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Scorpio Tankers.

Scorpio Tankers saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,330,000 shares, an increase of 9.9% from the September 30th total of 2,120,000 shares. Based on an average daily trading volume, of 824,200 shares, the short-interest ratio is currently 2.8 days. Approximately 6.3% of the shares of the stock are short sold. View Scorpio Tankers' Current Options Chain.

Some companies that are related to Scorpio Tankers include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), Ship Finance International (SFL), Golar LNG (GLNG), SemGroup (SEMG), Golden Ocean Group (GOGL), GasLog (GLOG), Teekay Tankers (TNK), Nordic American Tanker (NAT) and Teekay (TK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Scorpio Tankers investors own include Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), AMC Entertainment (AMC), Associated British Foods (ABF), Chaarat Gold (CGH), First Data (FDC), Ciena (CIEN), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

Scorpio Tankers' stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (1.33%), Russell Investments Group Ltd. (1.13%), Point72 Asset Management L.P. (0.72%), Peregrine Capital Management LLC (0.36%), Calamos Advisors LLC (0.27%) and Boston Partners (0.20%).

STNG stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Peregrine Capital Management LLC, Squarepoint Ops LLC and Clear Harbor Asset Management LLC.

STNG stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Calamos Advisors LLC, Phoenix Holdings Ltd., Point72 Asset Management L.P., Granahan Investment Management Inc. MA, California Public Employees Retirement System, DNB Asset Management AS and Barclays PLC.

Shares of STNG 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 STNG stock can currently be purchased for approximately $36.53.

Scorpio Tankers has a market capitalization of $2.12 billion and generates $585.05 million in revenue each year. The shipping company earns $-190,070,000.00 in net income (profit) each year or ($4.56) on an earnings per share basis. Scorpio Tankers employs 21 workers across the globe.View Additional Information About Scorpio Tankers.

The official website for Scorpio Tankers is http://www.scorpiotankers.com/.

Scorpio Tankers' mailing address is 9 BOULEVARD CHARLES III, MONACO O9, 98000. The shipping company can be reached via phone at 212-542-1616 or via email at [email protected]