Scorpio Tankers Stock Price, News & Analysis (NYSE:STNG)

$3.34 -0.05 (-1.47 %)
(As of 11/17/2017 02:34 PM ET)
Previous Close$3.39
Today's Range$3.30 - $3.52
52-Week Range$3.20 - $4.93
Volume3.83 million shs
Average Volume3.08 million shs
Market Capitalization$949.94 million
P/E RatioN/A
Dividend Yield1.18%
Beta1.61

About Scorpio Tankers (NYSE:STNG)

Scorpio Tankers logoScorpio Tankers Inc. (Scorpio Tankers) is engaged in the seaborne transportation of refined petroleum products in the international shipping markets. The Company operates through four segments: Handymax, MR, LR1/Panamax and LR2. As of March 15, 2017, the Company's fleet consisted of 78 owned tankers (22 LR2, 14 Handymax and 42 MR) with a weighted average age of approximately 2.3 years, and 19 time or bareboat chartered-in tankers, which it operated (one LR2, one LR1, eight MR and nine Handymax) (collectively referred to as its Operating Fleet). As of March 1, 2017, the Company's total oil tanker fleet (crude, products and product/chemical tankers) consisted of 4,754 ships with a combined capacity of 525.9 million deadweight tonnage. As of December 31, 2016, the Company also had contracts for the construction of one LR2 tanker and eight MR tankers. Its vessels include STI Brixton, STI Comandante, STI Finchley, STI Hammersmith, STI Larvotto, STI San Antonio and STI Regina.


Industry, Sector and Symbol:
  • Industry: Sea-Borne Tankers
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Sector: Transportation
  • Symbol: NYSE:STNG
  • CUSIP: Y7542C10
  • Web: www.scorpiotankers.com
Debt:
  • Debt-to-Equity Ratio: 1.28%
  • Current Ratio: 1.36%
  • Quick Ratio: 1.34%
Sales & Book Value:
  • Annual Sales: $522.75 million
  • Price / Sales: 1.79
  • Cash Flow: $0.87 per share
  • Price / Cash: 3.82
  • Book Value: $7.53 per share
  • Price / Book: 0.44
Dividend:
  • Annual Dividend: $0.04
  • Dividend Yield: 1.2%
Profitability:
  • Trailing EPS: ($0.80)
  • Net Income: ($24,900,000.00)
  • Net Margins: -29.58%
  • Return on Equity: -5.63%
  • Return on Assets: -2.28%
Misc:
  • Employees: 19
  • Outstanding Shares: 280,220,000
 
Frequently Asked Questions for Scorpio Tankers (NYSE:STNG)

What is Scorpio Tankers' stock symbol?

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

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

Scorpio Tankers announced a quarterly dividend on Thursday, September 14th. Investors of record on Monday, September 25th will be paid a dividend of $0.01 per share on Friday, September 29th. This represents a $0.04 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Friday, September 22nd. View Scorpio Tankers' Dividend History.

How will Scorpio Tankers' stock buyback program work?

Scorpio Tankers announced that its board has initiated a share buyback program on Wednesday, November 15th 2017, which permits the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to purchase up to 5.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

How were Scorpio Tankers' earnings last quarter?

Scorpio Tankers Inc. (NYSE:STNG) announced its quarterly earnings results on Monday, September, 18th. The shipping company reported ($0.09) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.04. The shipping company had revenue of $118.40 million for the quarter, compared to analyst estimates of $130.03 million. Scorpio Tankers had a negative return on equity of 5.63% and a negative net margin of 29.58%. The company's revenue was down 13.7% compared to the same quarter last year. View Scorpio Tankers' Earnings History.

Where is Scorpio Tankers' stock going? Where will Scorpio Tankers' stock price be in 2017?

11 equities research analysts have issued 1 year target prices for Scorpio Tankers' stock. Their forecasts range from $5.00 to $7.50. On average, they anticipate Scorpio Tankers' stock price to reach $6.56 in the next twelve months. View Analyst Ratings for Scorpio Tankers.

Who are some of Scorpio Tankers' key competitors?

Who are Scorpio Tankers' key executives?

Scorpio Tankers' management team includes the folowing people:

  • Emanuele A. Lauro, Chairman of the Board, Chief Executive Officer (Age 38)
  • Robert L. Bugbee, President, Director (Age 56)
  • Brian Lee, Chief Financial Officer (Age 50)
  • Cameron K. Mackey, Chief Operating Officer, Director (Age 48)
  • Filippo Lauro, Vice President (Age 40)
  • Luca Forgione, General Counsel (Age 40)
  • Anoushka Rafia Kachelo, Secretary (Age 36)
  • Alexandre Albertini, Independent Director (Age 40)
  • Reidar C. Brekke, Independent Director (Age 55)
  • Ademaro Lanzara, Independent Director (Age 74)

Who owns Scorpio Tankers stock?

Scorpio Tankers' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.02%), Monarch Alternative Capital LP (3.37%), Lasry Marc (2.00%), Bank of New York Mellon Corp (1.73%), Boston Partners (2.53%) and Blackstone Group L.P. (1.49%). View Institutional Ownership Trends for Scorpio Tankers.

Who sold Scorpio Tankers stock? Who is selling Scorpio Tankers stock?

Scorpio Tankers' stock was sold by a variety of institutional investors in the last quarter, including Impala Asset Management LLC, Prudential Financial Inc., Allianz Asset Management GmbH, Bamco Inc. NY, Ingalls & Snyder LLC, Comerica Bank, Cedar Capital LLC and Highbridge Capital Management LLC. View Insider Buying and Selling for Scorpio Tankers.

Who bought Scorpio Tankers stock? Who is buying Scorpio Tankers stock?

Scorpio Tankers' stock was acquired by a variety of institutional investors in the last quarter, including Monarch Alternative Capital LP, Lasry Marc, Bank of New York Mellon Corp, Blackstone Group L.P., Vitol Holding SARL, Dimensional Fund Advisors LP, Boston Partners and Cubist Systematic Strategies LLC. View Insider Buying and Selling for Scorpio Tankers.

How do I buy Scorpio Tankers stock?

Shares of Scorpio Tankers 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, Scottrade, Fidelity and Charles Schwab.

What is Scorpio Tankers' stock price today?

One share of Scorpio Tankers stock can currently be purchased for approximately $3.34.

How big of a company is Scorpio Tankers?

Scorpio Tankers has a market capitalization of $949.94 million and generates $522.75 million in revenue each year. The shipping company earns ($24,900,000.00) in net income (profit) each year or ($0.80) on an earnings per share basis. Scorpio Tankers employs 19 workers across the globe.

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 377-9798-5716 or via email at [email protected]


MarketBeat Community Rating for Scorpio Tankers (NYSE STNG)
Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  277 (Vote Outperform)
Underperform Votes:  201 (Vote Underperform)
Total Votes:  478
MarketBeat's community ratings are surveys of what our community members think about Scorpio Tankers and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Analysts' Consensus Ratings for Scorpio Tankers (NYSE:STNG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 11 Buy Ratings, 0 Strong Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $6.56 (96.48% upside)
Consensus Price Target History for Scorpio Tankers (NYSE:STNG)
Price Target History for Scorpio Tankers (NYSE:STNG)
Analysts' Ratings History for Scorpio Tankers (NYSE:STNG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
11/17/2017Morgan StanleyLower Price TargetOverweight$5.50 -> $5.00N/AView Rating Details
10/31/2017Jefferies Group LLCReiterated RatingBuy$5.50N/AView Rating Details
10/29/2017Stifel NicolausSet Price TargetBuy$7.00N/AView Rating Details
9/19/2017Credit Suisse GroupReiterated RatingBuy$7.00HighView Rating Details
5/25/2017Seaport Global SecuritiesReiterated RatingBuy$7.50HighView Rating Details
5/12/2017Bank of America CorporationUpgradeUnderperform -> Buy$6.00LowView Rating Details
4/27/2017Cowen and CompanyReiterated RatingOutperform -> Outperform$10.00 -> $7.00HighView Rating Details
2/23/2017Pareto SecuritiesUpgradeHold -> BuyN/AView Rating Details
2/22/2017ABN AmroUpgradeHold -> Buy$7.50N/AView Rating Details
2/15/2017Clarkson CapitalUpgradeNeutral -> BuyN/AView Rating Details
2/13/2017Deutsche Bank AGUpgradeHold -> BuyN/AView Rating Details
4/7/2016J P Morgan Chase & CoLower Price Target$11.00 -> $10.00N/AView Rating Details
(Data available from 11/17/2015 forward)

Earnings

Earnings History for Scorpio Tankers (NYSE:STNG)
Earnings by Quarter for Scorpio Tankers (NYSE:STNG)
Earnings History by Quarter for Scorpio Tankers (NYSE STNG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/18/20176/30/2017($0.05)($0.09)$130.03 million$118.40 millionViewN/AView Earnings Details
4/27/2017Q1($0.10)($0.07)$119.80 million$122.80 millionViewN/AView Earnings Details
2/13/2017Q416($0.19)($0.18)$103.95 million$105.60 millionViewN/AView Earnings Details
11/14/2016Q316($0.10)($0.11)$118.30 million$114.34 millionViewN/AView Earnings Details
7/28/2016Q216$0.07$0.04$146.20 million$137.21 millionViewListenView Earnings Details
4/27/2016Q116$0.18$0.18$168.95 million$165.10 millionViewListenView Earnings Details
2/29/2016Q415$0.21$0.21$172.41 million$178.40 millionViewListenView Earnings Details
11/4/2015Q315$0.43$0.46$218.20 million$228.10 millionViewN/AView Earnings Details
7/29/2015Q215$0.27$0.32$168.14 million$188.50 millionViewListenView Earnings Details
4/27/2015Q115$0.24$0.24$152.50 million$160.70 millionViewN/AView Earnings Details
3/2/2015Q414$0.13$0.12$129.71 million$125.70 millionViewN/AView Earnings Details
10/27/2014Q314$0.02($0.01)$88.12 million$82.89 millionViewListenView Earnings Details
7/28/2014Q214($0.04)($0.06)$63.48 million$57.40 millionViewN/AView Earnings Details
4/28/2014Q114$0.03$0.01$44.92 million$76.73 millionViewN/AView Earnings Details
2/24/2014Q413($0.08)$30.10 million$53.37 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.05$0.03$27.50 million$51.53 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.06$0.08$44.90 millionViewN/AView Earnings Details
2/25/2013Q4 2012($0.05)($0.08)$22.64 million$30.10 millionViewN/AView Earnings Details
10/29/2012Q312($0.15)($0.09)$22.80 million$28.10 millionViewN/AView Earnings Details
7/31/2012($0.14)($0.10)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Scorpio Tankers (NYSE:STNG)
Current Year EPS Consensus Estimate: $-0.23 EPS
Next Year EPS Consensus Estimate: $0.46 EPS

Dividends

Current Dividend Information for Scorpio Tankers (NYSE:STNG)
Most Recent Dividend:9/29/2017
Annual Dividend:$0.04
Dividend Yield:1.20%
Dividend Growth:56.70% (3 Year Average)
Payout Ratio:-5.00% (Trailing 12 Months of Earnings)
-17.39% (Based on This Year's Estimates)
8.70% (Based on Next Year's Estimates)
Track Record:3 Years of Consecutive Dividend Growth
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Scorpio Tankers (NYSE:STNG)

Dividend History by Quarter for Scorpio Tankers (NYSE STNG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/14/2017quarterly$0.011.12%9/22/20179/25/20179/29/2017
4/27/2017quarterly$0.010.88%5/9/20175/11/20176/14/2017
2/14/2017quarterly$0.010.89%2/21/20172/23/20173/30/2017
11/14/2016Quarterly$0.1312.38%11/22/201611/25/201612/22/2016
7/29/2016quarterly$0.1310.5%9/13/20169/15/20169/29/2016
4/27/2016quarterly$0.137.84%5/9/20165/11/20166/24/2016
3/1/2016quarterly$0.138.21%3/8/20163/10/20163/30/2016
11/5/2015quarterly$0.135.52%11/20/201511/24/201512/11/2015
7/29/2015quarterly$0.134.6%8/12/20158/14/20159/4/2015
4/27/2015$0.135/19/20155/21/20156/10/2015
3/3/2015quarterly$0.125.3%3/11/20153/13/20153/30/2015
11/11/2014quarterly$0.125.42%11/21/201411/25/201412/12/2014
7/28/2014quarterly$0.104.2%8/20/20148/22/20149/10/2014
4/28/2014quarterly$0.093.95%5/22/20145/27/20146/12/2014
2/24/2014quarterly$0.083.31%3/7/20143/11/20143/26/2014
10/28/2013quarterly$0.072.36%11/29/201312/3/201312/18/2013
7/29/2013quarterly$0.041.38%9/6/20139/10/20139/25/2013
4/16/2013special$0.036/7/20136/11/20136/25/2013
4/15/2013quarterly$0.036/11/20136/25/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Scorpio Tankers (NYSE STNG)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Scorpio Tankers (NYSE:STNG)
Latest Headlines for Scorpio Tankers (NYSE STNG)
Source:
DateHeadline
Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2017Scorpio Tankers Inc. Announces Financial Results for the Third Quarter of 2017
finance.yahoo.com - November 16 at 8:47 AM
Scorpio Tankers Inc. to Host Earnings CallScorpio Tankers Inc. to Host Earnings Call
finance.yahoo.com - November 16 at 8:47 AM
Scorpio Tankers reports 3Q lossScorpio Tankers reports 3Q loss
finance.yahoo.com - November 16 at 8:47 AM
Share Buyback Program Initiated by Scorpio Tankers (STNG) Board Share Buyback Program Initiated by Scorpio Tankers (STNG) Board
www.americanbankingnews.com - November 15 at 1:02 PM
Scorpio Tankers (STNG) Board Authorizes Share Buyback PlanScorpio Tankers (STNG) Board Authorizes Share Buyback Plan
www.americanbankingnews.com - November 15 at 1:01 PM
Stock Repurchase Plan Authorized by Scorpio Tankers (STNG) Board of Directors Stock Repurchase Plan Authorized by Scorpio Tankers (STNG) Board of Directors
www.americanbankingnews.com - November 15 at 1:01 PM
Scorpio Tankers (STNG) Board of Directors Authorizes Share Repurchase PlanScorpio Tankers (STNG) Board of Directors Authorizes Share Repurchase Plan
www.americanbankingnews.com - November 15 at 1:01 PM
Scorpio Tankers (STNG) Authorizes Stock Buyback PlanScorpio Tankers (STNG) Authorizes Stock Buyback Plan
www.americanbankingnews.com - November 15 at 1:01 PM
Stock Buyback Program Declared by Scorpio Tankers (STNG) Stock Buyback Program Declared by Scorpio Tankers (STNG)
www.americanbankingnews.com - November 15 at 1:00 PM
Scorpio Tankers reports 1Q lossScorpio Tankers reports 1Q loss
marketbeat.com - April 26 at 6:28 PM
Scorpio Tankers (STNG) CEO Emanuele Lauro on Q3 2016 Results - Earnings Call TranscriptScorpio Tankers' (STNG) CEO Emanuele Lauro on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - November 15 at 11:29 AM
Shipping Stocks Under Scanner -- Scorpio Tankers, DHT Holdings, Teekay, and Ship Finance - PR Newswire (press release)Shipping Stocks Under Scanner -- Scorpio Tankers, DHT Holdings, Teekay, and Ship Finance - PR Newswire (press release)
www.prnewswire.com - October 14 at 10:48 AM

Social Media

Financials

Financials are not available for this stock.

Chart

Scorpio Tankers (NYSE STNG) Chart for Friday, November, 17, 2017
Loading chart…

This page was last updated on 11/17/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.