NYSE:STNG - Scorpio Tankers Stock Price, Forecast & News

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

Scorpio Tankers declared a quarterly dividend on Wednesday, February 19th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.10 per share on Friday, March 13th. This represents a $0.40 annualized dividend and a dividend yield of 2.03%. The ex-dividend date is Friday, February 28th. View Scorpio Tankers' Dividend History.

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 Scorpio Tankers stock prior to the reverse split would have 10 shares after the split.

Scorpio Tankers Inc. (NYSE:STNG) issued its quarterly earnings data on Wednesday, February, 19th. The shipping company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.58 by $0.35. The shipping company earned $221.60 million during the quarter, compared to analyst estimates of $232.48 million. Scorpio Tankers had a negative return on equity of 2.47% and a negative net margin of 6.88%. The business's revenue for the quarter was up 32.3% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.38) earnings per share. View Scorpio Tankers' Earnings History.

Scorpio Tankers is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Scorpio Tankers.

7 brokers have issued 12 month target prices for Scorpio Tankers' shares. Their forecasts range from $34.00 to $42.00. On average, they expect Scorpio Tankers' share price to reach $38.50 in the next year. This suggests a possible upside of 94.9% from the stock's current price. View Analyst Price Targets for Scorpio Tankers.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Scorpio Tankers.

News headlines about STNG stock have trended extremely negative this week, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Scorpio Tankers earned a media sentiment score of -4.4 on InfoTrie's scale. They also assigned media stories about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Scorpio Tankers.

Scorpio Tankers saw a drop in short interest in February. As of February 14th, there was short interest totalling 3,240,000 shares, a drop of 10.7% from the January 30th total of 3,630,000 shares. Based on an average daily trading volume, of 1,230,000 shares, the short-interest ratio is currently 2.6 days. Approximately 7.4% of the shares of the stock are short sold. View Scorpio Tankers' Current Options Chain.

Some companies that are related to Scorpio Tankers include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Ship Finance International (SFL), Frontline (FRO), SemGroup (SEMG), Golar LNG (GLNG), Golden Ocean Group (GOGL), Teekay Tankers (TNK), GasLog (GLOG), Nordic American Tanker (NAT) and Teekay (TK).

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

Scorpio Tankers' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Investec Asset Management LTD (2.80%), Hosking Partners LLP (1.91%), State Street Corp (1.36%), Russell Investments Group Ltd. (1.19%), Brightline Capital Management LLC (0.64%) and Benefit Street Partners LLC (0.53%).

STNG stock was sold by a variety of institutional investors in the last quarter, including Benefit Street Partners LLC, Prudential Financial Inc., Renaissance Technologies LLC, Point72 Asset Management L.P., Cubist Systematic Strategies LLC, Investec Asset Management LTD, Hosking Partners LLP and Boston Partners.

STNG stock was acquired by a variety of institutional investors in the last quarter, including Brightline Capital Management LLC, MIK Capital LP, Driehaus Capital Management LLC, Connor Clark & Lunn Investment Management Ltd., SG Capital Management LLC, Centenus Global Management LP, Hodges Capital Management Inc. and Russell Investments Group Ltd..

Shares of STNG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of STNG stock can currently be purchased for approximately $19.75.

Scorpio Tankers has a market capitalization of $1.15 billion and generates $704.33 million in revenue each year. The shipping company earns $-48,490,000.00 in net income (profit) each year or ($0.94) on an earnings per share basis. Scorpio Tankers employs 21 workers across the globe.View Additional Information About Scorpio Tankers.

The official website for Scorpio Tankers is http://www.scorpiotankers.com/.

Scorpio Tankers' mailing address is 9 BOULEVARD CHARLES III, MONACO O9, 98000. The shipping company can be reached via phone at 212-542-1616 or via email at [email protected]