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GOOGL   123.67 (-0.75%)
AMZN   121.66 (+1.29%)
TSLA   201.16 (+4.14%)
NVDA   401.11 (+2.99%)
NIO   7.40 (-3.90%)
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AMD   125.27 (-1.39%)
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NVDA   401.11 (+2.99%)
NIO   7.40 (-3.90%)
BABA   78.61 (-2.91%)
AMD   125.27 (-1.39%)
T   15.64 (+0.90%)
F   12.59 (+4.14%)
MU   71.69 (-3.03%)
CGC   0.85 (-3.41%)
GE   102.40 (-0.33%)
DIS   87.82 (-0.54%)
AMC   4.63 (-0.22%)
PFE   37.02 (-1.54%)
PYPL   62.05 (+3.04%)
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NYSE:STNG

Scorpio Tankers (STNG) Stock Forecast, Price & News

$47.10
-1.29 (-2.67%)
(As of 05/30/2023 ET)
Compare
Today's Range
$46.47
$48.21
50-Day Range
$46.28
$61.53
52-Week Range
$28.50
$64.20
Volume
1.12 million shs
Average Volume
1.44 million shs
Market Capitalization
$2.81 billion
P/E Ratio
3.14
Dividend Yield
1.70%
Price Target
$74.17

Scorpio Tankers MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
57.5% Upside
$74.17 Price Target
Short Interest
Bearish
6.38% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-7.95
Upright™ Environmental Score
News Sentiment
1.05mentions of Scorpio Tankers in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-9.50%
From $10.42 to $9.43 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.40 out of 5 stars

Transportation Sector

54th out of 122 stocks

Deep Sea Foreign Transportation Of Freight Industry

16th out of 29 stocks


STNG stock logo

About Scorpio Tankers (NYSE:STNG) Stock

Scorpio Tankers, Inc. engages in the provision of marine transportation of petroleum products. Its consists of wholly owned, finance leased, and bareboat chartered-in tankers. It operates through the following segments: MR, LR2, Handymax, and LR1. The company was founded by Emanuele A. Lauro on July 1, 2009 and is headquartered in Monaco.

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STNG Stock News Headlines

The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty
A unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! Learn how to collect your first payout before June 13th.
The “Amazon Secret Royalty Program” Can Help Anyone Retire Like Royalty
A unique type of investment could help you make more money than you will need for the rest of your life. It’s what we call the “Amazon secret royalty program.” It’s an income stream that allows you to collect $1,000s… $10,000s… or more every year! Learn how to collect your first payout before June 13th.
Scorpio Tankers (NYSE:STNG) Price Target Cut to $55.00
Scorpio Tankers (STNG) Set to Announce Earnings on Tuesday
See More Headlines
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STNG Company Calendar

Ex-Dividend for 3/31 Dividend
3/06/2023
Dividend Payable
3/31/2023
Last Earnings
5/02/2023
Today
5/30/2023
Ex-Dividend for 6/30 Dividend
6/12/2023
Dividend Payable
6/30/2023
Next Earnings (Estimated)
7/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
Y7542C10
Fax
N/A
Employees
26
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$74.17
High Stock Price Forecast
$87.00
Low Stock Price Forecast
$55.00
Forecasted Upside/Downside
+57.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$637.25 million
Pretax Margin
51.60%

Debt

Sales & Book Value

Annual Sales
$1.56 billion
Cash Flow
$14.86 per share
Book Value
$40.92 per share

Miscellaneous

Free Float
55,292,000
Market Cap
$2.81 billion
Optionable
Optionable
Beta
0.38

Key Executives

  • Emanuele A. Lauro
    Chairman & Chief Executive Officer
  • Robert L. Bugbee
    President & Non-Independent Director
  • Cameron K. Mackey
    Chief Operating Officer & Director
  • Brian M. Lee
    Chief Financial Officer
  • Filippo Lauro
    Vice President













STNG Stock - Frequently Asked Questions

Should I buy or sell Scorpio Tankers stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" STNG shares.
View STNG analyst ratings
or view top-rated stocks.

What is Scorpio Tankers' stock price forecast for 2023?

7 Wall Street research analysts have issued twelve-month price objectives for Scorpio Tankers' shares. Their STNG share price forecasts range from $55.00 to $87.00. On average, they anticipate the company's stock price to reach $74.17 in the next year. This suggests a possible upside of 56.2% from the stock's current price.
View analysts price targets for STNG
or view top-rated stocks among Wall Street analysts.

How have STNG shares performed in 2023?

Scorpio Tankers' stock was trading at $53.77 at the start of the year. Since then, STNG shares have decreased by 11.7% and is now trading at $47.47.
View the best growth stocks for 2023 here
.

When is Scorpio Tankers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 27th 2023.
View our STNG earnings forecast
.

How were Scorpio Tankers' earnings last quarter?

Scorpio Tankers Inc. (NYSE:STNG) posted its earnings results on Tuesday, May, 2nd. The shipping company reported $3.31 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.92 by $0.39. The shipping company had revenue of $377.16 million for the quarter, compared to analysts' expectations of $387.37 million. Scorpio Tankers had a trailing twelve-month return on equity of 40.01% and a net margin of 51.60%. The business's quarterly revenue was up 119.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.27) earnings per share.

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

Scorpio Tankers announced a quarterly dividend on Tuesday, May 2nd. Shareholders of record on Tuesday, June 13th will be given a dividend of $0.25 per share on Friday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.11%. The ex-dividend date is Monday, June 12th. This is a boost from the stock's previous quarterly dividend of $0.20.
Read our dividend analysis for STNG
.

Is Scorpio Tankers a good dividend stock?

Scorpio Tankers (NYSE:STNG) pays an annual dividend of $0.80 per share and currently has a dividend yield of 1.65%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.33%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STNG will have a dividend payout ratio of 8.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STNG.

When did Scorpio Tankers' stock split?

Scorpio Tankers's stock reverse split on the morning of 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 market closes on Thursday, January 17th 2019. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

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), AMC Entertainment (AMC), Micron Technology (MU), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Ciena (CIEN), Apollo Global Management (APO) and First Data (FDC).

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 institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.06%), BlackRock Inc. (4.60%), Rubric Capital Management LP (3.92%), FMR LLC (1.96%), Platinum Investment Management Ltd. (1.78%) and Healthcare of Ontario Pension Plan Trust Fund (1.76%).

How do I buy shares of Scorpio Tankers?

Shares of STNG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Scorpio Tankers' stock price today?

One share of STNG stock can currently be purchased for approximately $47.47.

How much money does Scorpio Tankers make?

Scorpio Tankers (NYSE:STNG) has a market capitalization of $2.83 billion and generates $1.56 billion in revenue each year. The shipping company earns $637.25 million in net income (profit) each year or $15.01 on an earnings per share basis.

How can I contact Scorpio Tankers?

Scorpio Tankers' mailing address is 9 BOULEVARD CHARLES III, MONACO O9, 98000. The official website for the company is www.scorpiotankers.com. The shipping company can be reached via phone at (779) 798-5716 or via email at investor.relations@scorpiotankers.com.

This page (NYSE:STNG) was last updated on 5/30/2023 by MarketBeat.com Staff

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