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S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
This Stock Could Go Up 66% or More. (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
This Stock Could Go Up 66% or More. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
This Stock Could Go Up 66% or More. (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
This Stock Could Go Up 66% or More. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
This Stock Could Go Up 66% or More. (Ad)
2 Stocks to Benefit from the Aging Population
3 Warren Buffett Stocks that are Moving into the Buy Zone
This Stock Could Go Up 66% or More. (Ad)
3 Reasons Unity Software Is Ready to Rally 38%
3 Stocks That Really, Really Need the Defense Bill to Pass
Watch SHOCKING Footage of AI Facility with Ties to Elon Musk (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
Is Hanes Worth More than the Sum of Its Parts?
NYSE:STNG

Scorpio Tankers (STNG) Stock Forecast, Price & News

$54.33
+1.12 (+2.10%)
(As of 09/26/2023 ET)
Compare
Today's Range
$52.72
$55.19
50-Day Range
$41.00
$54.33
52-Week Range
$38.05
$64.20
Volume
1.27 million shs
Average Volume
1.29 million shs
Market Capitalization
$2.96 billion
P/E Ratio
3.79
Dividend Yield
1.84%
Price Target
$69.29

Scorpio Tankers MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.83 Rating Score
Upside/​Downside
27.5% Upside
$69.29 Price Target
Short Interest
Bearish
6.42% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.95
Upright™ Environmental Score
News Sentiment
1.20mentions of Scorpio Tankers in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-12.08%
From $9.19 to $8.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.49 out of 5 stars

Transportation Sector

44th out of 113 stocks

Deep Sea Foreign Transportation Of Freight Industry

10th out of 27 stocks


STNG stock 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 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 Price History

STNG Stock News Headlines

Scorpio Tankers Stock Shows Rising Relative Strength
Scorpio Tankers (NYSE:STNG) PT Raised to $61.00
WARNING: Mandatory U.S. Dollar Recall is Weeks Away
If you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.
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.
7 Shipping Stocks to Buy for a Supply Chain Recovery Boost
Ardmore Shipping (ASC) Beats Q2 Earnings Estimates
Analyst Expectations for Scorpio Tankers's Future
See More Headlines
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STNG Company Calendar

Ex-Dividend for 6/30 Dividend
6/12/2023
Dividend Payable
6/30/2023
Last Earnings
8/02/2023
Ex-Dividend for 9/15 Dividend
8/14/2023
Dividend Payable
9/15/2023
Today
9/27/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

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 Forecast
$69.29
High Stock Price Forecast
$82.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+27.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.83
Research Coverage
6 Analysts

Profitability

Net Income
$637.25 million
Pretax Margin
50.44%

Debt

Sales & Book Value

Annual Sales
$1.56 billion
Cash Flow
$15.84 per share
Book Value
$40.92 per share

Miscellaneous

Free Float
50,494,000
Market Cap
$2.96 billion
Optionable
Optionable
Beta
0.42
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Key Executives

  • Mr. Emanuele A. Lauro (Age 44)
    Founder, Chairman & CEO
  • Mr. Robert L. Bugbee (Age 63)
    Pres & Director
  • Mr. Brian M. Lee (Age 56)
    Chief Financial Officer
  • Mr. Cameron Mackey (Age 55)
    COO & Director
  • Mr. Christopher Avella (Age 44)
    Chief Accounting Officer & Controller
  • James Doyle
    Head of Corp. Devel. & Investor Relations
  • Ms. Sujata Parekh Kumar (Age 64)
    MD & Director
  • Ms. Auste Vizbaraite (Age 33)
    Sec.
  • Mr. Lars Dencker Nielsen
    Commercial Director
  • Mr. David Rodney Morant
    Managing Director - Scorpio UK













STNG Stock - 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 year. 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 forecast for 2023?

6 Wall Street research analysts have issued 1-year price objectives for Scorpio Tankers' stock. Their STNG share price forecasts range from $45.00 to $82.00. On average, they anticipate the company's share price to reach $69.29 in the next twelve months. This suggests a possible upside of 27.5% 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 at the beginning of 2023. Since then, STNG stock has increased by 1.0% and is now trading at $54.33.
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 Tuesday, November 7th 2023.
View our STNG earnings forecast
.

How were Scorpio Tankers' earnings last quarter?

Scorpio Tankers Inc. (NYSE:STNG) issued its quarterly earnings results on Wednesday, August, 2nd. The shipping company reported $2.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.38 by $0.03. The shipping company had revenue of $327.56 million for the quarter, compared to analyst estimates of $332.31 million. Scorpio Tankers had a net margin of 50.44% and a trailing twelve-month return on equity of 35.38%.

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

Scorpio Tankers declared a quarterly dividend on Tuesday, August 1st. Investors of record on Tuesday, August 15th will be given a dividend of $0.25 per share on Friday, September 15th. This represents a $1.00 annualized dividend and a yield of 1.84%. The ex-dividend date is Monday, August 14th.
Read our dividend analysis for STNG
.

What ETFs hold Scorpio Tankers' stock?
Is Scorpio Tankers a good dividend stock?

Scorpio Tankers (NYSE:STNG) pays an annual dividend of $1.00 per share and currently has a dividend yield of 1.91%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STNG will have a dividend payout ratio of 12.38% 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?

Shares of Scorpio Tankers 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 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 a number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.82%), BlackRock Inc. (5.52%), Goldman Sachs Group Inc. (2.40%), Platinum Investment Management Ltd. (1.96%), Rubric Capital Management LP (1.87%) and State Street Corp (1.45%).

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 $54.33.

How much money does Scorpio Tankers make?

Scorpio Tankers (NYSE:STNG) has a market capitalization of $2.96 billion and generates $1.56 billion in revenue each year. The shipping company earns $637.25 million in net income (profit) each year or $14.35 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 9/27/2023 by MarketBeat.com Staff

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