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S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
NYSE:STNG

Scorpio Tankers Stock Forecast, Price & News

$29.29
-3.57 (-10.86%)
(As of 07/6/2022 12:00 AM ET)
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Today's Range
$28.50
$32.38
50-Day Range
$23.99
$37.59
52-Week Range
$11.02
$38.07
Volume
3.35 million shs
Average Volume
1.22 million shs
Market Capitalization
$1.71 billion
P/E Ratio
N/A
Dividend Yield
1.22%
Price Target
$28.81

Scorpio Tankers MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
1.6% Downside
$28.81 Price Target
Short Interest
Bearish
8.44% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.95
Upright™ Environmental Score
News Sentiment
0.17mentions of Scorpio Tankers in the last 14 days
Based on 13 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
30.71%
From $2.80 to $3.66 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.63 out of 5 stars

Transportation Sector

94th out of 176 stocks

Deep Sea Foreign Transportation Of Freight Industry

25th out of 45 stocks

30 days | 90 days | 365 days | Advanced Chart

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Scorpio Tankers logo

About Scorpio Tankers (NYSE:STNG) Stock

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 18, 2022, the company's fleet consisted of 124 owned, finance leased, or bareboat chartered-in tankers, including 42 LR2, 6 LR1, 62 MR, and 14 Handymax with a weighted average age of approximately 6.2 years. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco.

STNG Stock News Headlines

Scorpio Tankers (NYSE:STNG) Shares Down 7.5%
Momentum investing with Scorpio Tankers (NYQ:STNG)
Scorpio Tankers (NYSE:STNG) Trading Down 7.9%
Scorpio Tankers (NYSE:STNG) Stock Price Down 7.9%
Scorpio Tankers (NYSE:STNG) Shares Up 3.9%
Check Out What Whales Are Doing With STNG
Could Scorpio Tankers (NYQ:STNG) be a turtle trade?
Chart of the Day: Smooth Sailing for Scorpio Tankers
Scorpio Tankers Has Smooth Sailing Ahead
See More Headlines

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
Y7542C10
Fax
N/A
Employees
26
Year Founded
N/A

Company Calendar

Last Earnings
4/28/2022
Ex-Dividend for 6/15 Dividend
5/19/2022
Dividend Payable
6/15/2022
Today
7/06/2022
Next Earnings (Estimated)
8/04/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$28.81
High Stock Price Forecast
$45.00
Low Stock Price Forecast
$10.50
Forecasted Upside/Downside
-1.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

Net Income
$-234,430,000.00
Pretax Margin
-44.17%

Debt

Sales & Book Value

Annual Sales
$540.79 million
Cash Flow
$0.63 per share
Book Value
$31.47 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.71 billion
Optionable
Optionable
Beta
0.47














Scorpio Tankers Frequently Asked Questions

Should I buy or sell Scorpio Tankers stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last year. There are currently 1 sell rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Scorpio Tankers stock.
View analyst ratings for Scorpio Tankers
or view top-rated stocks.

What is Scorpio Tankers' stock price forecast for 2022?

8 equities research analysts have issued 1-year price targets for Scorpio Tankers' shares. Their STNG stock forecasts range from $10.50 to $45.00. On average, they predict Scorpio Tankers' share price to reach $28.81 in the next year. This suggests that the stock has a possible downside of 1.6%.
View analysts' price targets for Scorpio Tankers
or view top-rated stocks among Wall Street analysts.

How has Scorpio Tankers' stock price performed in 2022?

Scorpio Tankers' stock was trading at $12.81 at the beginning of 2022. Since then, STNG shares have increased by 128.6% and is now trading at $29.29.
View the best growth stocks for 2022 here
.

Are investors shorting Scorpio Tankers?

Scorpio Tankers saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 3,300,000 shares, an increase of 37.5% from the May 15th total of 2,400,000 shares. Based on an average daily trading volume, of 1,280,000 shares, the short-interest ratio is presently 2.6 days. Approximately 6.4% of the company's stock are short sold.
View Scorpio Tankers' Short Interest
.

When is Scorpio Tankers' next earnings date?

Scorpio Tankers is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Scorpio Tankers
.

How were Scorpio Tankers' earnings last quarter?

Scorpio Tankers Inc. (NYSE:STNG) announced its quarterly earnings results on Thursday, April, 28th. The shipping company reported ($0.27) earnings per share for the quarter, topping the consensus estimate of ($0.52) by $0.25. The shipping company earned $174 million during the quarter, compared to the consensus estimate of $158.43 million. Scorpio Tankers had a negative net margin of 44.17% and a negative trailing twelve-month return on equity of 10.00%. The firm's revenue for the quarter was up 29.7% compared to the same quarter last year. During the same quarter last year, the business posted ($1.05) EPS.
View Scorpio Tankers' earnings history
.

How often does Scorpio Tankers pay dividends? What is the dividend yield for Scorpio Tankers?

Scorpio Tankers declared a quarterly dividend on Wednesday, April 27th. Stockholders of record on Friday, May 20th will be paid a dividend of $0.10 per share on Wednesday, June 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date is Thursday, May 19th.
View Scorpio Tankers' dividend history
.

Is Scorpio Tankers a good dividend stock?

Scorpio Tankers(NYSE:STNG) pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.22%.
View Scorpio Tankers' dividend history.

When did Scorpio Tankers' stock split? How did Scorpio Tankers' stock split work?

Scorpio Tankers's stock 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 market closes 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.

Who are Scorpio Tankers' key executives?

Scorpio Tankers' management team includes the following people:
  • Mr. Emanuele A. Lauro, Founder, Chairman & CEO (Age 43)
  • Mr. Robert L. Bugbee, Pres & Director (Age 62)
  • Mr. Brian M. Lee, Chief Financial Officer (Age 55)
  • Mr. Cameron Mackey, COO & Director (Age 54)
  • Ms. Monica Pahwa, Sec. (Age 52)
  • Mr. Lars Dencker Nielsen, Commercial Director
  • Mr. David Rodney Morant, Managing Director - Scorpio UK
  • James Doyle, Sr. Financial & Research Analyst

What other stocks do shareholders of Scorpio Tankers own?

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

What is Scorpio Tankers' stock symbol?

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

How do I buy shares of Scorpio Tankers?

Shares of STNG 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.
Compare Top Brokerages Here.

What is Scorpio Tankers' stock price today?

One share of STNG stock can currently be purchased for approximately $29.29.

How much money does Scorpio Tankers make?

Scorpio Tankers (NYSE:STNG) has a market capitalization of $1.71 billion and generates $540.79 million in revenue each year. The shipping company earns $-234,430,000.00 in net income (profit) each year or ($4.66) on an earnings per share basis.

How many employees does Scorpio Tankers have?

Scorpio Tankers employs 26 workers across the globe.

How can I contact Scorpio Tankers?

Scorpio Tankers' mailing address is 9 BOULEVARD CHARLES III, MONACO O9, 98000. The official website for Scorpio Tankers is www.scorpiotankers.com. The shipping company can be reached via phone at (779) 798-5716 or via email at investor.relations@scorpiotankers.com.

This page (NYSE:STNG) was last updated on 7/7/2022 by MarketBeat.com Staff

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