S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
Critical asset just had biggest fall on record (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
Critical asset just had biggest fall on record (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands

Scorpio Tankers (STNG) Stock Price, News & Analysis

$67.15
+0.35 (+0.52%)
(As of 02/29/2024 ET)
Today's Range
$66.55
$68.08
50-Day Range
$60.80
$71.64
52-Week Range
$40.34
$72.89
Volume
999,379 shs
Average Volume
1.39 million shs
Market Capitalization
$3.73 billion
P/E Ratio
6.76
Dividend Yield
2.08%
Price Target
$74.00

Scorpio Tankers MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
10.2% Upside
$74.00 Price Target
Short Interest
Healthy
3.84% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.95
Upright™ Environmental Score
News Sentiment
0.71mentions of Scorpio Tankers in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-19.00%
From $11.79 to $9.55 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.60 out of 5 stars

Transportation Sector

79th out of 115 stocks

Deep Sea Foreign Transportation Of Freight Industry

16th out of 26 stocks


STNG stock logo

About Scorpio Tankers Stock (NYSE:STNG)

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 23, 2023, its fleet consisted of 113 owned, finance leased, or bareboat chartered-in tankers, including 39 LR2, 60 MR, and 14 Handymax with a weighted average age of approximately 7.2 years. The company was incorporated in 2009 and is headquartered in Monaco.

STNG Stock Price History

STNG Stock News Headlines

STNG Mar 2024 66.000 put
STNG Jan 2026 30.000 call
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
STNG Jul 2024 30.000 call
STNG Mar 2024 62.000 call
Scorpio Tankers (NYSE:STNG) Downgraded to Hold at StockNews.com
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Scorpio Tankers: Still My Favorite Product Tanker Stock
STNG Scorpio Tankers Inc.
STNG Feb 2024 63.000 put
Scorpio Tankers Q4 2023 Earnings Preview
STNG Feb 2024 66.000 call
STNG Jan 2025 100.000 call
Scorpio Tankers price target raised by $1 at JPMorgan, here's why
See More Headlines
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Company Calendar

Ex-Dividend for 12/15 Dividend
11/29/2023
Dividend Payable
12/15/2023
Last Earnings
2/14/2024
Today
3/01/2024
Ex-Dividend for 3/27 Dividend
3/07/2024
Dividend Payable
3/27/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
Y7542C10
Fax
N/A
Employees
24
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$74.00
High Stock Price Target
$91.00
Low Stock Price Target
$45.00
Potential Upside/Downside
+10.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$546.90 million
Pretax Margin
40.78%

Debt

Sales & Book Value

Annual Sales
$1.34 billion
Cash Flow
$14.89 per share
Book Value
$46.03 per share

Miscellaneous

Free Float
51,410,000
Market Cap
$3.73 billion
Optionable
Optionable
Beta
0.22
12 Stocks Corporate Insiders are Abandoning Cover

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

Get This Free Report

Key Executives

  • Mr. Emanuele A. Lauro (Age 45)
    Founder, Chairman & CEO
  • Mr. Robert L. Bugbee (Age 64)
    President & Director
  • Mr. Christopher Avella (Age 44)
    Chief Financial Officer
  • Mr. Cameron Mackey (Age 56)
    COO & Director
  • James Doyle
    Head of Corporate Development & Investor Relations
  • Ms. Sujata Parekh Kumar (Age 65)
    MD & Director
  • Ms. Auste Vizbaraite (Age 34)
    Secretary
  • Mr. Lars Dencker Nielsen
    Commercial Director
  • Mr. David Rodney Morant
    Managing Director - Scorpio UK














STNG Stock Analysis - Frequently Asked Questions

Should I buy or sell Scorpio Tankers stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" STNG shares.
View STNG analyst ratings
or view top-rated stocks.

What is Scorpio Tankers' stock price target for 2024?

6 brokers have issued twelve-month price targets for Scorpio Tankers' shares. Their STNG share price targets range from $45.00 to $91.00. On average, they predict the company's share price to reach $74.00 in the next year. This suggests a possible upside of 10.2% 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 2024?

Scorpio Tankers' stock was trading at $60.80 at the beginning of 2024. Since then, STNG shares have increased by 10.4% and is now trading at $67.15.
View the best growth stocks for 2024 here
.

When is Scorpio Tankers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our STNG earnings forecast
.

How were Scorpio Tankers' earnings last quarter?

Scorpio Tankers Inc. (NYSE:STNG) released its quarterly earnings results on Wednesday, February, 14th. The shipping company reported $2.75 earnings per share for the quarter, beating analysts' consensus estimates of $2.62 by $0.13. The shipping company earned $336.30 million during the quarter, compared to analyst estimates of $335.70 million. Scorpio Tankers had a net margin of 40.78% and a trailing twelve-month return on equity of 22.86%. Scorpio Tankers's revenue for the quarter was down 31.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $4.24 earnings per share.

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

Scorpio Tankers declared a quarterly dividend on Tuesday, February 13th. Stockholders of record on Friday, March 8th will be paid a dividend of $0.40 per share on Wednesday, March 27th. This represents a $1.60 dividend on an annualized basis and a yield of 2.38%. The ex-dividend date of this dividend is Thursday, March 7th. This is a positive change from the stock's previous quarterly dividend of $0.35.
Read our dividend analysis for STNG
.

Is Scorpio Tankers a good dividend stock?

Scorpio Tankers (NYSE:STNG) pays an annual dividend of $1.40 per share and currently has a dividend yield of 2.08%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 14.08%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STNG will have a dividend payout ratio of 14.66% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STNG.

What ETFs hold Scorpio Tankers' stock?
When did Scorpio Tankers' stock split?

Scorpio Tankers shares reverse split on the morning of 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 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).

Who are Scorpio Tankers' major shareholders?

Scorpio Tankers' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.78%), International Assets Investment Management LLC (1.75%), LSV Asset Management (1.52%), Pale Fire Capital SE (1.12%), Norges Bank (1.01%) and Citadel Advisors LLC (0.00%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:STNG) was last updated on 3/1/2024 by MarketBeat.com Staff