NYSE:STNG Scorpio Tankers - STNG Stock Forecast, Price & News 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. $56.31 +1.56 (+2.85%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$54.76▼$56.3750-Day Range$45.69▼$63.1952-Week Range$18.79▼$64.20Volume799,647 shsAverage Volume1.35 million shsMarket Capitalization$3.45 billionP/E Ratio5.51Dividend Yield1.42%Price Target$66.57 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Scorpio Tankers MarketRank™ ForecastAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside18.2% Upside$66.57 Price TargetShort InterestBearish7.14% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.95Upright™ Environmental ScoreNews Sentiment0.73Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth-25.32%From $10.23 to $7.64 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.2.02 out of 5 starsTransportation Sector82nd out of 121 stocksDeep Sea Foreign Transportation Of Freight Industry22nd out of 28 stocks 2.4 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 $66.57, Scorpio Tankers has a forecasted upside of 18.2% from its current price of $56.31.Amount of Analyst CoverageScorpio Tankers has only been the subject of 4 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.14% 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 2.5, 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 19.44%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldScorpio Tankers pays a meaningful dividend of 1.44%, 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 7.83%. 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 10.47% 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 2.6 News and Social Media Coverage News SentimentScorpio Tankers has a news sentiment score of 0.73. 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 0.43 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Scorpio Tankers this week, compared to 4 articles on an average week.Search InterestOnly 29 people have searched for STNG on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat FollowsOnly 8 people have added Scorpio Tankers to their MarketBeat watchlist in the last 30 days. This is a decrease of -58% 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 -25.32% in the coming year, from $10.23 to $7.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Scorpio Tankers is 5.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Scorpio Tankers is 5.51, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 28.66.Price to Earnings Growth RatioScorpio Tankers has a PEG Ratio of 0.16. 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 1.31. 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 HeadlinesMarch 29, 2023 | marketbeat.comThree Mid Caps Wall Street Sees Doubling Within 12 Months (STNG)Mid-cap two-baggers over a one-year period are rare, yet analysts predict that these three companies have what it takes.March 3, 2023 | marketbeat.comOil Tankers Boost Dividends, See Continued Robust Business In '23 (STNG)Oil tankers are trending higher due to short supply and high demand. Nordic American Tanker and International Seaways recently boosted shareholder payouts.April 1, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 31, 2023 | forbes.comLooking For Another Load Of Profits With Three-Week Scorpio Tankers Buy WriteMarch 24, 2023 | finance.yahoo.comScorpio Tankers Inc. Announces Availability of 2022 Annual Report on Form 20-FMarch 23, 2023 | americanbankingnews.comScorpio Tankers (NYSE:STNG) Rating Reiterated by Jefferies Financial GroupMarch 22, 2023 | finance.yahoo.comScorpio Tankers (STNG) Stock Moves -1.41%: What You Should KnowMarch 22, 2023 | finanznachrichten.deScorpio Tankers Inc.: Scorpio Tankers Announces a New Time Charter-Out AgreementApril 1, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 22, 2023 | americanbankingnews.comAnalysts Offer Predictions for Scorpio Tankers Inc.'s FY2023 Earnings (NYSE:STNG)March 21, 2023 | finance.yahoo.comScorpio Tankers Announces a New Time Charter-Out AgreementMarch 17, 2023 | finance.yahoo.comTaking The Sting Out Of STNG StockMarch 17, 2023 | markets.businessinsider.comBTIG Sticks to Its Buy Rating for Scorpio Tankers (STNG)March 13, 2023 | finance.yahoo.comScorpio Tankers Inc. Announces the Exercise of Purchase Options on Six ShipsMarch 9, 2023 | msn.comBlackRock Now Owns 4.60% of Scorpio Tankers (STNG)March 8, 2023 | msn.comJP Morgan Initiates Coverage of Scorpio Tankers (STNG) with Overweight RecommendationMarch 8, 2023 | cnbc.comJPMorgan says buy this oil tanker stock that can rally more than 40%March 5, 2023 | finance.yahoo.comScorpio Tankers Inc. (STNG)February 18, 2023 | finance.yahoo.comScorpio Tankers Full Year 2022 Earnings: Misses ExpectationsFebruary 16, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Cummins (CMI), Generac Holdings (GNRC) and Scorpio Tankers (STNG)February 16, 2023 | finanznachrichten.deScorpio Tankers Inc. Announces Financial Results for the Fourth Quarter of 2022 and an Increase to its Quarterly DividendFebruary 16, 2023 | msn.comScorpio Tankers (STNG) Q4 Earnings and Revenues Miss EstimatesFebruary 15, 2023 | msn.comEarnings Preview: Scorpio TankersFebruary 10, 2023 | msn.comWhy Tanker Stocks Popped This WeekFebruary 10, 2023 | finance.yahoo.comTanker Stocks Try To Sail Past Buy Points; Earnings For One Of Them Could Soar This YearFebruary 9, 2023 | finance.yahoo.comWhat's in Store for Scorpio Tankers (STNG) in Q4 Earnings?February 8, 2023 | finance.yahoo.comReturns At Scorpio Tankers (NYSE:STNG) Are On The Way UpSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings2/16/2023Ex-Dividend for 3/31 Dividend3/06/2023Today3/31/2023Dividend Payable3/31/2023Next Earnings (Estimated)4/27/2023Fiscal 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$66.57 High Stock Price Forecast$87.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+18.2%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$10.22 Trailing P/E Ratio5.51 Forward P/E Ratio5.50 P/E Growth0.17Net Income$637.25 million Net Margins40.78% Pretax Margin40.77% Return on Equity33.75% Return on Assets15.15% Debt Debt-to-Equity Ratio0.45 Current Ratio1.45 Quick Ratio1.42 Sales & Book Value Annual Sales$1.56 billion Price / Sales2.21 Cash Flow$15.26 per share Price / Cash Flow3.69 Book Value$42.95 per share Price / Book1.31Miscellaneous Outstanding Shares61,260,000Free Float56,766,000Market Cap$3.45 billion OptionableOptionable Beta0.42 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:EURNZIM Integrated Shipping ServicesNYSE:ZIMTORMNASDAQ:TRMDView All CompetitorsInstitutional OwnershipVictory Capital Management Inc.Bought 265,378 shares on 3/10/2023Ownership: 0.455%Voya Investment Management LLCSold 700 shares on 2/28/2023Ownership: 0.032%Parallax Volatility Advisers L.P.Bought 10,445 shares on 2/27/2023Ownership: 0.018%NatixisBought 68,000 shares on 2/24/2023Ownership: 0.116%Truist Financial CorpBought 13,140 shares on 2/17/2023Ownership: 0.023%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 objectives for Scorpio Tankers' shares. Their STNG share price forecasts range from $38.00 to $87.00. On average, they expect the company's share price to reach $66.57 in the next year. This suggests a possible upside of 18.2% 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 2023? Scorpio Tankers' stock was trading at $53.77 at the start of the year. Since then, STNG shares have increased by 4.7% and is now trading at $56.31. View the best growth stocks for 2023 here. Are investors shorting Scorpio Tankers? Scorpio Tankers saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 3,810,000 shares, an increase of 19.4% from the February 28th total of 3,190,000 shares. Based on an average daily volume of 1,530,000 shares, the days-to-cover ratio is currently 2.5 days. Currently, 7.1% of the shares of the stock are sold short. View Scorpio Tankers' Short Interest. When is Scorpio Tankers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023. View our STNG earnings forecast. How were Scorpio Tankers' earnings last quarter? Scorpio Tankers Inc. (NYSE:STNG) released its quarterly earnings data on Thursday, February, 16th. The shipping company reported $4.24 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.38 by $0.14. The shipping company had revenue of $493.70 million for the quarter, compared to analysts' expectations of $446.96 million. Scorpio Tankers had a net margin of 40.78% and a trailing twelve-month return on equity of 33.75%. The company's revenue was up 233.8% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.79) EPS. How often does Scorpio Tankers pay dividends? What is the dividend yield for Scorpio Tankers? Scorpio Tankers declared a quarterly dividend on Wednesday, February 15th. Investors of record on Tuesday, March 7th will be given a dividend of $0.20 per share on Friday, March 31st. This represents a $0.80 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Monday, March 6th. This is a positive change from the stock's previous quarterly dividend of $0.10. 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), Convergence Long/Short Equity ETF (CLSE), Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ), 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 1.42%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 7.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STNG will have a dividend payout ratio of 10.47% 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 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). What is Scorpio Tankers' stock symbol? Scorpio Tankers trades on the New York Stock Exchange (NYSE) under the ticker symbol "STNG." 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 $56.31. How much money does Scorpio Tankers make? Scorpio Tankers (NYSE:STNG) has a market capitalization of $3.45 billion and generates $1.56 billion in revenue each year. The shipping company earns $637.25 million in net income (profit) each year or $10.22 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 4/1/2023 by MarketBeat.com Staff 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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