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NYSE:STNGScorpio Tankers Stock Price, Forecast & News

$13.30
+0.72 (+5.72 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$12.37
Now: $13.30
$13.36
50-Day Range
$12.58
MA: $15.59
$19.38
52-Week Range
$12.35
Now: $13.30
$40.45
Volume1.62 million shs
Average Volume1.73 million shs
Market Capitalization$780.31 million
P/E RatioN/A
Dividend Yield3.01%
Beta0.99
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products worldwide. As of March 20, 2019, its owned or finance leased 109 product tankers, including 38 LR2 tankers, 12 LR1 tankers, 45 MR tankers, and 14 Handymax tankers with an average age of 3.6 years; and time or bareboat chartered-in 10 product tankers comprising 3 MR tankers and 7 Handymax tankers. The company was founded in 2009 and is based in Monaco.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.10 out of 5 stars


Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryOil & Gas Storage & Transportation
CUSIPY7542C10
Phone377-9798-5716

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$704.33 million
Cash Flow$3.34 per share
Book Value$33.97 per share

Profitability

Net Income$-48,490,000.00

Miscellaneous

Employees21
Market Cap$780.31 million
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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Scorpio Tankers (NYSE:STNG) Frequently Asked Questions

How has Scorpio Tankers' stock been impacted by COVID-19 (Coronavirus)?

Scorpio Tankers' stock was trading at $17.59 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, STNG shares have decreased by 24.4% and is now trading at $13.30. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Scorpio Tankers?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last year. There are currently 1 sell rating, 2 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Scorpio Tankers.

When is Scorpio Tankers' next earnings date?

Scorpio Tankers is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Scorpio Tankers.

How were Scorpio Tankers' earnings last quarter?

Scorpio Tankers Inc. (NYSE:STNG) posted its earnings results on Wednesday, May, 6th. The shipping company reported $0.82 earnings per share for the quarter, beating analysts' consensus estimates of $0.50 by $0.32. The shipping company had revenue of $254.17 million for the quarter, compared to the consensus estimate of $238.41 million. Scorpio Tankers had a negative net margin of 2.14% and a negative return on equity of 0.78%. Scorpio Tankers's revenue was up 29.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.30 earnings per share. View Scorpio Tankers' earnings history.

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

Scorpio Tankers announced a quarterly dividend on Thursday, May 7th. Investors of record on Monday, June 1st will be given a dividend of $0.10 per share on Monday, June 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date is Friday, May 29th. View Scorpio Tankers' dividend history.

When did Scorpio Tankers' stock split? How did Scorpio Tankers' stock split work?

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.

What price target have analysts set for STNG?

8 brokers have issued 12-month target prices for Scorpio Tankers' stock. Their forecasts range from $15.00 to $45.00. On average, they expect Scorpio Tankers' share price to reach $30.00 in the next year. This suggests a possible upside of 125.6% from the stock's current price. View analysts' price targets for Scorpio Tankers.

Has Scorpio Tankers been receiving favorable news coverage?

News headlines about STNG stock have trended very negative on Sunday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Scorpio Tankers earned a news impact score of -3.8 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Scorpio Tankers.

Are investors shorting Scorpio Tankers?

Scorpio Tankers saw a increase in short interest in June. As of June 15th, there was short interest totaling 6,860,000 shares, an increase of 18.5% from the May 31st total of 5,790,000 shares. Based on an average trading volume of 3,120,000 shares, the days-to-cover ratio is presently 2.2 days. Approximately 14.3% of the company's shares are short sold. View Scorpio Tankers' Current Options Chain.

Who are some of Scorpio Tankers' key competitors?

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), Fossil Group (FOSL), AMC Entertainment (AMC), Associated British Foods (ABF), Ciena (CIEN), Chaarat Gold (CGH), Nordic American Tanker (NAT), Micron Technology (MU) and First Data (FDC).

Who are Scorpio Tankers' key executives?

Scorpio Tankers' management team includes the following people:
  • Mr. Emanuele A. Lauro, Founder, Chairman & CEO (Age 40)
  • Mr. Robert L. Bugbee, Pres & Director (Age 59)
  • Mr. Brian M. Lee, Chief Financial Officer (Age 52)
  • Mr. Cameron Mackey, COO & Director (Age 51)
  • Ms. Yang Fan, Sec. (Age 30)

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 variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.09%).

Which institutional investors are selling Scorpio Tankers stock?

STNG stock was sold by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc..

How do I buy shares of Scorpio Tankers?

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.

What is Scorpio Tankers' stock price today?

One share of STNG stock can currently be purchased for approximately $13.30.

How big of a company is Scorpio Tankers?

Scorpio Tankers has a market capitalization of $780.31 million 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.

What is Scorpio Tankers' official website?

The official website for Scorpio Tankers is www.scorpiotankers.com.

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]

This page was last updated on 7/12/2020 by MarketBeat.com Staff

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