NYSE:STNG Scorpio Tankers (STNG) Stock Forecast, Price & News $47.04 +1.27 (+2.77%) (As of 12:03 PM ET) Add Compare Share Share Today's Range$46.71▼$48.2550-Day Range$45.77▼$61.5352-Week Range$28.50▼$64.20Volume395,444 shsAverage Volume1.43 million shsMarket Capitalization$2.81 billionP/E Ratio3.13Dividend Yield1.70%Price Target$74.17 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Scorpio Tankers MarketRank™ ForecastAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside57.1% Upside$74.17 Price TargetShort InterestBearish6.38% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.95Upright™ Environmental ScoreNews Sentiment0.99Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-9.50%From $10.42 to $9.43 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.39 out of 5 starsTransportation Sector105th out of 246 stocksDeep Sea Foreign Transportation Of Freight Industry35th out of 62 stocks 3.4 Analyst's Opinion Consensus RatingScorpio Tankers has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $74.17, Scorpio Tankers has a forecasted upside of 57.1% from its current price of $47.20.Amount of Analyst CoverageScorpio Tankers has only been the subject of 3 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.38% of the float of Scorpio Tankers has been sold short.Short Interest Ratio / Days to CoverScorpio Tankers has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Scorpio Tankers has recently increased by 3.04%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend YieldScorpio Tankers pays a meaningful dividend of 1.70%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthScorpio Tankers has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Scorpio Tankers is 5.33%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Scorpio Tankers will have a dividend payout ratio of 8.48% next year. This indicates that Scorpio Tankers will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreScorpio Tankers has received a -130.12% net impact score from Upright. The largest negative impact of Scorpio Tankers in category "GHG emissions" is driven by its "Ship freight transport services for refined oil" product. See details.Environmental SustainabilityThe Environmental Impact score for Scorpio Tankers is -7.95. Previous Next 3.3 News and Social Media Coverage News SentimentScorpio Tankers has a news sentiment score of 0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.48 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Scorpio Tankers this week, compared to 5 articles on an average week.Search Interest21 people have searched for STNG on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.MarketBeat Follows11 people have added Scorpio Tankers to their MarketBeat watchlist in the last 30 days. This is an increase of 57% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Scorpio Tankers insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.34% of the stock of Scorpio Tankers is held by insiders.Percentage Held by Institutions54.53% of the stock of Scorpio Tankers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Scorpio Tankers are expected to decrease by -9.50% in the coming year, from $10.42 to $9.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Scorpio Tankers is 3.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.19.Price to Earnings Ratio vs. SectorThe P/E ratio of Scorpio Tankers is 3.14, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 22.57.Price to Earnings Growth RatioScorpio Tankers has a PEG Ratio of 0.14. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioScorpio Tankers has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Scorpio Tankers (NYSE:STNG) StockScorpio Tankers, Inc. engages in the provision of marine transportation of petroleum products. Its consists of wholly owned, finance leased, and bareboat chartered-in tankers. It operates through the following segments: MR, LR2, Handymax, and LR1. The company was founded by Emanuele A. Lauro on July 1, 2009 and is headquartered in Monaco.Read More Receive STNG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Scorpio Tankers and its competitors with MarketBeat's FREE daily newsletter. Email Address STNG Stock News HeadlinesJune 1, 2023 | msn.comScorpio Tankers reloads securities repurchase programJune 1, 2023 | finance.yahoo.comScorpio Tankers Inc. Announces Repurchases of Its Common Shares and Replenishes Its 2023 Securities Repurchase ProgramJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 25, 2023 | americanbankingnews.comScorpio Tankers Inc. (NYSE:STNG) Given Consensus Recommendation of "Moderate Buy" by BrokeragesMay 19, 2023 | finance.yahoo.comScorpio Tankers (NYSE:STNG) shareholders have earned a 45% CAGR over the last three yearsMay 15, 2023 | benzinga.comScorpio Tankers Business & Capital Allocation Strategy - Riding The Positive Product Tanker Sector FundamentalsMay 12, 2023 | msn.comScorpio Tankers exercises purchase options for five ships, buyback of 2M sharesMay 11, 2023 | finance.yahoo.comScorpio Tankers Inc. Announces the Exercise of Purchase Options on Five Ships and Repurchases of Its Common SharesJune 1, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 9, 2023 | finance.yahoo.comRobert Bugbee Interview on STNG’s Business – Capital Allocation Strategy & Product Tanker Sector OutlookMay 7, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Scorpio Tankers Inc. Boosted by Analyst (NYSE:STNG)May 5, 2023 | americanbankingnews.comScorpio Tankers (NYSE:STNG) Price Target Cut to $55.00May 4, 2023 | msn.comScorpio Tankers (STNG) Declares $0.25 DividendMay 4, 2023 | americanbankingnews.comScorpio Tankers (NYSE:STNG) Issues Earnings Results, Beats Estimates By $0.39 EPSMay 3, 2023 | markets.businessinsider.comAnalysts’ Top Industrial Goods Picks: Scorpio Tankers (STNG), Uber Technologies (UBER)May 2, 2023 | finance.yahoo.comScorpio Tankers (STNG) Surpasses Q1 Earnings and Revenue EstimatesMay 2, 2023 | finance.yahoo.comIs Weakness In Scorpio Tankers Inc. (NYSE:STNG) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?May 2, 2023 | finance.yahoo.comScorpio Tankers Inc. Announces Financial Results for the First Quarter of 2023 and an Increase to its Quarterly DividendApril 28, 2023 | americanbankingnews.comScorpio Tankers Inc. (NYSE:STNG) Receives $66.57 Consensus Price Target from BrokeragesApril 27, 2023 | americanbankingnews.comStifel Nicolaus Increases Scorpio Tankers (NYSE:STNG) Price Target to $77.00April 26, 2023 | finance.yahoo.comGenco Shipping & Trading (GNK) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 ReleaseApril 25, 2023 | nasdaq.comStifel Maintains Scorpio Tankers (STNG) Buy RecommendationApril 25, 2023 | finance.yahoo.comScorpio Tankers Stock Sees Its Composite Rating Rise Again, To 96April 25, 2023 | americanbankingnews.comScorpio Tankers (STNG) Set to Announce Earnings on TuesdayApril 22, 2023 | finance.yahoo.comAI Plays AMD, Arista Networks Lead 5 Stocks Finding Key SupportApril 20, 2023 | benzinga.comScorpio Tankers Unusual Options Activity For April 20April 19, 2023 | msn.comUnusual Call Option Trade in Scorpio Tankers (STNG) Worth $2,244.75KSee More Headlines STNG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart STNG Company Calendar Ex-Dividend for 3/31 Dividend3/06/2023Dividend Payable3/31/2023Last Earnings5/02/2023Today6/01/2023Ex-Dividend for 6/30 Dividend6/12/2023Dividend Payable6/30/2023Next Earnings (Estimated)7/27/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryOil & Gas Storage & Transportation SectorTransportation Current SymbolNYSE:STNG CUSIPY7542C10 CIK1483934 Webwww.scorpiotankers.com Phone(779) 798-5716FaxN/AEmployees26Year FoundedN/APrice Target and Rating Average Stock Price Forecast$74.17 High Stock Price Forecast$87.00 Low Stock Price Forecast$55.00 Forecasted Upside/Downside+62.0%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$15.01 Trailing P/E Ratio3.05 Forward P/E Ratio4.39 P/E Growth0.14Net Income$637.25 million Net Margins51.60% Pretax Margin51.60% Return on Equity40.01% Return on Assets19.72% Debt Debt-to-Equity Ratio0.32 Current Ratio1.70 Quick Ratio1.68 Sales & Book Value Annual Sales$1.56 billion Price / Sales1.75 Cash Flow$14.86 per share Price / Cash Flow3.08 Book Value$42.80 per share Price / Book1.07Miscellaneous Outstanding Shares59,670,000Free Float55,292,000Market Cap$2.73 billion OptionableOptionable Beta0.38 Key ExecutivesEmanuele A. LauroChairman & Chief Executive OfficerRobert L. BugbeePresident & Non-Independent DirectorCameron K. MackeyChief Operating Officer & DirectorBrian M. LeeChief Financial OfficerFilippo LauroVice PresidentKey CompetitorsFrontlineNYSE:FROSFLNYSE:SFLEuronavNYSE:EURNTORMNASDAQ:TRMDStar Bulk CarriersNASDAQ:SBLKView All CompetitorsInstitutional OwnershipProShare Advisors LLCSold 517 shares on 5/26/2023Ownership: 0.009%Alterna Wealth Management Inc.Bought 4,292 shares on 5/26/2023Ownership: 0.007%Toroso Investments LLCBought 827 shares on 5/23/2023Ownership: 0.028%Putnam Investments LLCSold 45,504 shares on 5/22/2023Ownership: 0.069%Ameriprise Financial Inc.Sold 1,816 shares on 5/22/2023Ownership: 0.010%View All Institutional Transactions STNG Stock - Frequently Asked Questions Should I buy or sell Scorpio Tankers stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" STNG shares. View STNG analyst ratings or view top-rated stocks. What is Scorpio Tankers' stock price forecast for 2023? 7 Wall Street analysts have issued 1 year price targets for Scorpio Tankers' stock. Their STNG share price forecasts range from $55.00 to $87.00. On average, they anticipate the company's share price to reach $74.17 in the next twelve months. This suggests a possible upside of 62.0% from the stock's current price. View analysts price targets for STNG or view top-rated stocks among Wall Street analysts. How have STNG shares performed in 2023? Scorpio Tankers' stock was trading at $53.77 on January 1st, 2023. Since then, STNG shares have decreased by 14.9% and is now trading at $45.77. View the best growth stocks for 2023 here. When is Scorpio Tankers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023. View our STNG earnings forecast. How were Scorpio Tankers' earnings last quarter? Scorpio Tankers Inc. (NYSE:STNG) posted its earnings results on Tuesday, May, 2nd. The shipping company reported $3.31 earnings per share for the quarter, topping the consensus estimate of $2.92 by $0.39. The shipping company had revenue of $377.16 million for the quarter, compared to analysts' expectations of $387.37 million. Scorpio Tankers had a net margin of 51.60% and a trailing twelve-month return on equity of 40.01%. The company's revenue for the quarter was up 119.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.27) EPS. How often does Scorpio Tankers pay dividends? What is the dividend yield for Scorpio Tankers? Scorpio Tankers declared a quarterly dividend on Tuesday, May 2nd. Stockholders of record on Tuesday, June 13th will be given a dividend of $0.25 per share on Friday, June 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.18%. The ex-dividend date of this dividend is Monday, June 12th. This is a positive change from the stock's previous quarterly dividend of $0.20. Read our dividend analysis for STNG. What ETFs hold Scorpio Tankers' stock? ETFs with the largest weight of Scorpio Tankers (NYSE:STNG) stock in their portfolio include SonicShares Global Shipping ETF (BOAT), Invesco Dynamic Oil & Gas Services ETF (PXJ), Alpha Architect U.S. Quantitative Momentum ETF (QMOM), U.S. Global Sea to Sky Cargo ETF (SEA), Principal U.S. Small-Cap Multi-Factor ETF (PSC), Dimensional US Small Cap Value ETF (DFSV), Dimensional U.S. Targeted Value ETF (DFAT) and iShares Russell 2000 Value ETF (IWN). Is Scorpio Tankers a good dividend stock? Scorpio Tankers (NYSE:STNG) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.65%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STNG will have a dividend payout ratio of 8.48% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for STNG. When did Scorpio Tankers' stock split? Scorpio Tankers's stock reverse split 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 stock prior to the reverse split would have 10 shares after the split. 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." Who are Scorpio Tankers' major shareholders? Scorpio Tankers' stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.06%), BlackRock Inc. (4.60%), Rubric Capital Management LP (3.92%), FMR LLC (1.96%), Platinum Investment Management Ltd. (1.78%) and Healthcare of Ontario Pension Plan Trust Fund (1.76%). How do I buy shares of Scorpio Tankers? Shares of STNG stock 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 $45.77. How much money does Scorpio Tankers make? Scorpio Tankers (NYSE:STNG) has a market capitalization of $2.73 billion and generates $1.56 billion in revenue each year. The shipping company earns $637.25 million in net income (profit) each year or $15.01 on an earnings per share basis. How can I contact Scorpio Tankers? Scorpio Tankers' mailing address is 9 BOULEVARD CHARLES III, MONACO O9, 98000. The official website for the company 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Scorpio Tankers Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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