NYSE:STNG - Scorpio Tankers Stock Price, Price Target & More

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

Scorpio Tankers announced a quarterly dividend on Wednesday, April 25th. Investors of record on Wednesday, June 6th will be paid a dividend of $0.01 per share on Thursday, June 28th. This represents a $0.04 annualized dividend and a yield of 1.73%. The ex-dividend date is Tuesday, June 5th. View Scorpio Tankers' Dividend History.

Scorpio Tankers Inc. (NYSE:STNG) announced its earnings results on Wednesday, April, 25th. The shipping company reported ($0.10) EPS for the quarter, missing the Zacks' consensus estimate of ($0.08) by $0.02. The shipping company had revenue of $156.50 million for the quarter, compared to analysts' expectations of $154.72 million. Scorpio Tankers had a negative net margin of 32.67% and a negative return on equity of 7.61%. Scorpio Tankers's quarterly revenue was up 27.4% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.07) earnings per share. View Scorpio Tankers' Earnings History.

Scorpio Tankers is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Scorpio Tankers.

8 Wall Street analysts have issued 1 year price objectives for Scorpio Tankers' shares. Their predictions range from $2.75 to $5.50. On average, they expect Scorpio Tankers' share price to reach $4.2083 in the next twelve months. This suggests a possible upside of 82.2% from the stock's current price. View Analyst Ratings for Scorpio Tankers.

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

Scorpio Tankers saw a increase in short interest in June. As of June 29th, there was short interest totalling 27,978,150 shares, an increase of 13.7% from the June 15th total of 24,609,557 shares. Based on an average trading volume of 4,122,173 shares, the days-to-cover ratio is presently 6.8 days. Currently, 9.5% of the company's shares are sold short. View Scorpio Tankers' Current Options Chain.

Some companies that are related to Scorpio Tankers include Ship Finance International (SFL), Euronav (EURN), Pac BASIN SHIPP/ADR (PCFBY), SEASPAN Corp/SH SH (SSW), Seacor (CKH), Frontline (FRO), COSTAMARE Inc/SH (CMRE), Star Bulk Carriers (SBLK), Teekay (TK), Navigator (NVGS), DHT (DHT), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), Gener8 Maritime (GNRT) and DryShips (DRYS).

Media stories about STNG stock have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Scorpio Tankers earned a news impact score of 0.20 on Accern's scale. They also assigned media coverage about the shipping company an impact score of 47.78 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Scorpio Tankers' stock is owned by many different of retail and institutional investors. Top institutional investors include Peregrine Capital Management LLC (0.40%), DnB Asset Management AS (0.21%) and Essex Investment Management Co. LLC (0.01%). View Institutional Ownership Trends for Scorpio Tankers.

STNG stock was sold by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC. View Insider Buying and Selling for Scorpio Tankers.

STNG stock was bought by a variety of institutional investors in the last quarter, including DnB Asset Management AS and Essex Investment Management Co. LLC. View Insider Buying and Selling for 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, Scottrade, Fidelity and Charles Schwab.

One share of STNG stock can currently be purchased for approximately $2.31.

Scorpio Tankers has a market capitalization of $779.33 million and generates $512.73 million in revenue each year. The shipping company earns $-158,240,000.00 in net income (profit) each year or ($0.47) on an earnings per share basis. Scorpio Tankers employs 22 workers across the globe.

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]