NYSE:STNG

Scorpio Tankers Stock Forecast, Price & News

$22.18
-0.18 (-0.81 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$22.13
$22.88
50-Day Range
$16.85
$22.74
52-Week Range
$8.28
$23.37
Volume411,350 shs
Average Volume1.36 million shs
Market Capitalization$1.29 billion
P/E RatioN/A
Dividend Yield1.79%
Beta1.19
30 days | 90 days | 365 days | Advanced Chart
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Scorpio Tankers logo

About Scorpio Tankers

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 30, 2021, it owned, finance leased, or bareboat chartered 131 product tankers, which included 42 LR2, 12 LR1, 63 MR, and 14 Handymax tankers with a weighted average age of approximately 5.2 years. The company was incorporated in 2009 and is based in Monaco.

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MarketRank

Overall MarketRank

1.74 out of 5 stars

Transportation Sector

52nd out of 247 stocks

Deep Sea Foreign Transportation Of Freight Industry

13th out of 55 stocks

Analyst Opinion: 1.4Community Rank: 2.7Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 1.3 5 -4 -3 -2 -1 -
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Scorpio Tankers (NYSE:STNG) Frequently Asked Questions

Is Scorpio Tankers a buy 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" Scorpio Tankers stock.
View analyst ratings for Scorpio Tankers
or view top-rated stocks.

What stocks does MarketBeat like better than Scorpio Tankers?

Wall Street analysts have given Scorpio Tankers a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Scorpio Tankers wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Scorpio Tankers' next earnings date?

Scorpio Tankers is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
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 Friday, May, 7th. The shipping company reported ($1.05) earnings per share for the quarter, beating the consensus estimate of ($1.08) by $0.03. The shipping company earned $134.17 million during the quarter, compared to the consensus estimate of $143.35 million. Scorpio Tankers had a negative net margin of 1.87% and a positive trailing twelve-month return on equity of 0.48%. The firm's revenue was down 47.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.82 earnings per share.
View Scorpio Tankers' earnings history
.

How has Scorpio Tankers' stock price been impacted by COVID-19 (Coronavirus)?

Scorpio Tankers' stock was trading at $17.59 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, STNG stock has increased by 26.1% and is now trading at $22.18.
View which stocks have been most impacted by COVID-19
.

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

Scorpio Tankers announced a quarterly dividend on Monday, May 10th. Shareholders of record on Friday, May 21st will be paid a dividend of $0.10 per share on Tuesday, June 15th. This represents a $0.40 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend is Thursday, May 20th.
View Scorpio Tankers' dividend history
.

Is Scorpio Tankers a good dividend stock?

Scorpio Tankers pays an annual dividend of $0.40 per share and currently has a dividend yield of 1.79%. Scorpio Tankers does not yet have a strong track record of dividend growth. The dividend payout ratio of Scorpio Tankers is 19.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Scorpio Tankers will have a dividend payout ratio of 23.26% next year. This indicates that Scorpio Tankers will be able to sustain or increase its dividend.
View Scorpio Tankers' dividend history.

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

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 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.

What price target have analysts set for STNG?

7 equities research analysts have issued 12-month price targets for Scorpio Tankers' stock. Their forecasts range from $17.00 to $35.00. On average, they anticipate Scorpio Tankers' stock price to reach $23.57 in the next year. This suggests a possible upside of 6.3% from the stock's current price.
View analysts' price targets for Scorpio Tankers
or view top-rated stocks among Wall Street analysts.

Who are Scorpio Tankers' key executives?

Scorpio Tankers' management team includes the following people:
  • Mr. Emanuele A. Lauro, Founder, Chairman & CEO (Age 42)
  • Mr. Robert L. Bugbee, Pres & Director (Age 61)
  • Mr. Brian M. Lee, Chief Financial Officer (Age 54)
  • Mr. Cameron Mackey, COO & Director (Age 53)
  • Ms. Yang Fan, Sec. (Age 32)
  • Mr. Lars Dencker Nielsen, Commercial Director
  • Mr. David Rodney Morant, Managing Director - Scorpio UK

Who are some of Scorpio Tankers' key competitors?

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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.46%), Dimensional Fund Advisors LP (4.46%), Hosking Partners LLP (1.63%), Peregrine Capital Management LLC (1.02%), Northern Trust Corp (0.91%) and Cooper Creek Partners Management LLC (0.77%).

Which institutional investors are selling Scorpio Tankers stock?

STNG stock was sold by a variety of institutional investors in the last quarter, including Hosking Partners LLP, Stifel Financial Corp, Bank of Montreal Can, Paloma Partners Management Co, TCW Group Inc., Mirabella Financial Services LLP, Goldman Sachs Group Inc., and KBC Group NV.

Which institutional investors are buying Scorpio Tankers stock?

STNG stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Cooper Creek Partners Management LLC, Millennium Management LLC, Russell Investments Group Ltd., Peregrine Capital Management LLC, Point72 Asset Management L.P., Scion Asset Management LLC, and HighTower Advisors LLC.

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 $22.18.

How much money does Scorpio Tankers make?

Scorpio Tankers has a market capitalization of $1.29 billion and generates $915.89 million in revenue each year. The shipping company earns $94.12 million in net income (profit) each year or $2.02 on an earnings per share basis.

How many employees does Scorpio Tankers have?

Scorpio Tankers employs 25 workers across the globe.

What is Scorpio Tankers' official website?

The official website for Scorpio Tankers is www.scorpiotankers.com.

Where are Scorpio Tankers' headquarters?

Scorpio Tankers is headquartered at 9 BOULEVARD CHARLES III, MONACO O9, 98000.

How can I contact Scorpio Tankers?

Scorpio Tankers' mailing address is 9 BOULEVARD CHARLES III, MONACO O9, 98000. The shipping company can be reached via phone at (779) 798-5716 or via email at [email protected]


This page was last updated on 6/12/2021 by MarketBeat.com Staff
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