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

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

Scorpio Tankers declared a quarterly dividend on Tuesday, July 30th. Shareholders of record on Tuesday, September 10th will be paid a dividend of $0.10 per share on Friday, September 27th. This represents a $0.40 dividend on an annualized basis and a yield of 1.52%. The ex-dividend date of this dividend is Monday, September 9th. View Scorpio Tankers' Dividend History.

Shares of Scorpio Tankers reverse split before market open 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.

Scorpio Tankers Inc. (NYSE:STNG) announced its quarterly earnings results on Wednesday, July, 31st. The shipping company reported ($0.62) earnings per share for the quarter, topping analysts' consensus estimates of ($0.71) by $0.09. The shipping company had revenue of $150.80 million for the quarter, compared to analyst estimates of $148.88 million. Scorpio Tankers had a negative net margin of 16.52% and a negative return on equity of 5.50%. The firm's revenue for the quarter was up 6.4% on a year-over-year basis. During the same quarter last year, the company earned ($0.15) EPS. View Scorpio Tankers' Earnings History.

Scorpio Tankers is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Scorpio Tankers.

6 analysts have issued 12-month price targets for Scorpio Tankers' shares. Their predictions range from $30.00 to $40.00. On average, they anticipate Scorpio Tankers' stock price to reach $35.6667 in the next year. This suggests a possible upside of 35.7% from the stock's current price. View Analyst Price Targets for Scorpio Tankers.

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

News coverage about STNG stock has been trending positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Scorpio Tankers earned a daily sentiment score of 2.5 on InfoTrie's scale. They also assigned headlines about the shipping company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Scorpio Tankers.

Some companies that are related to Scorpio Tankers include SEASPAN CORP/SH SH (SSW), Euronav (EURN), Ship Finance International (SFL), Frontline (FRO), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), Seacor (CKH), DHT (DHT), COSTAMARE INC/SH (CMRE), Dorian LPG (LPG), Navigator (NVGS), DryShips (DRYS), Scorpio Bulkers (SALT), Teekay (TK) and Genco Shipping & Trading (GNK).

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

Scorpio Tankers' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.15%), Investec Asset Management LTD (3.62%), Benefit Street Partners LLC (2.01%), Marshall Wace LLP (1.26%), Nuveen Asset Management LLC (0.89%) and Northern Trust Corp (0.85%).

STNG stock was sold by a variety of institutional investors in the last quarter, including Benefit Street Partners LLC, Carlson Capital L P, Russell Investments Group Ltd., Marshall Wace LLP, BlackRock Inc., Marshall Wace North America L.P., Putnam Investments LLC and Schroder Investment Management Group.

STNG stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Waddell & Reed Financial Inc., Prudential Financial Inc., Renaissance Technologies LLC, Canada Pension Plan Investment Board, Bank of America Corp DE, Essex Investment Management Co. LLC and Cubist Systematic Strategies LLC.

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, Scottrade, Fidelity and Charles Schwab.

One share of STNG stock can currently be purchased for approximately $26.29.

Scorpio Tankers has a market capitalization of $1.35 billion and generates $585.05 million in revenue each year. The shipping company earns $-190,070,000.00 in net income (profit) each year or ($4.56) 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 377-9798-5716 or via email at [email protected]