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

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 given 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 1.13%. The ex-dividend date is Monday, September 9th. View Scorpio Tankers' Dividend History.

Scorpio Tankers shares 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) released its earnings results on Wednesday, July, 31st. The shipping company reported ($0.62) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.71) by $0.09. The shipping company earned $150.80 million during the quarter, compared to analysts' expectations of $148.88 million. Scorpio Tankers had a negative return on equity of 5.50% and a negative net margin of 16.52%. Scorpio Tankers's quarterly revenue was up 6.4% compared to the same quarter last year. During the same period in the prior year, the business 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 equities research analysts have issued 12 month target prices for Scorpio Tankers' shares. Their forecasts range from $30.00 to $40.00. On average, they anticipate Scorpio Tankers' share price to reach $36.50 in the next twelve months. This suggests a possible upside of 3.2% 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 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Scorpio Tankers.

News articles about STNG stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Scorpio Tankers earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave media stories about the shipping company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories for Scorpio Tankers.

Scorpio Tankers saw a increase in short interest in the month of September. As of September 30th, there was short interest totalling 2,260,000 shares, an increase of 14.1% from the August 30th total of 1,980,000 shares. Based on an average trading volume of 673,500 shares, the short-interest ratio is presently 3.4 days. Approximately 5.5% of the shares of the company are short sold. View Scorpio Tankers' Current Options Chain.

Some companies that are related to Scorpio Tankers include Euronav (EURN), SEASPAN CORP/SH SH (SSW), Frontline (FRO), Ship Finance International (SFL), DHT (DHT), Star Bulk Carriers (SBLK), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), COSTAMARE INC/SH (CMRE), Dorian LPG (LPG), Navigator (NVGS), Scorpio Bulkers (SALT), DryShips (DRYS), 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), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), First Data (FDC), Ciena (CIEN), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

Scorpio Tankers' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Peregrine Capital Management LLC (0.36%) and DNB Asset Management AS (0.08%).

STNG stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC.

STNG stock was purchased by a variety of institutional investors in the last quarter, including DNB Asset Management AS.

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 $35.37.

Scorpio Tankers has a market capitalization of $1.82 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 212-542-1616 or via email at [email protected]