NYSE:STNG Scorpio Tankers - STNG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Scorpio Tankers Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $54.97 +0.30 (+0.55%) (As of 02/8/2023 12:14 PM ET) Add Compare Share Share Today's Range$53.81▼$55.3750-Day Range$45.69▼$56.8652-Week Range$14.31▼$57.71Volume432,503 shsAverage Volume1.82 million shsMarket Capitalization$3.21 billionP/E Ratio10.95Dividend Yield0.77%Price Target$52.71 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Scorpio Tankers MarketRank™ ForecastAnalyst RatingModerate Buy2.86 Rating ScoreUpside/Downside4.5% Downside$52.71 Price TargetShort InterestBearish7.37% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-7.95Upright™ Environmental ScoreNews Sentiment0.68Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-22.73%From $11.92 to $9.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.75 out of 5 starsTransportation Sector98th out of 119 stocksDeep Sea Foreign Transportation Of Freight Industry25th out of 29 stocks 1.4 Analyst's Opinion Consensus RatingScorpio Tankers has received a consensus rating of Buy. The company's average rating score is 2.86, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.71, Scorpio Tankers has a forecasted downside of 4.5% from its current price of $55.17.Amount of Analyst CoverageScorpio Tankers has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted7.37% of the float of Scorpio Tankers has been sold short.Short Interest Ratio / Days to CoverScorpio Tankers has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Scorpio Tankers has recently increased by 42.11%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldScorpio Tankers has a dividend yield of 0.77%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthScorpio Tankers does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Scorpio Tankers is 7.97%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Scorpio Tankers will have a dividend payout ratio of 4.34% next year. This indicates that Scorpio Tankers will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreScorpio Tankers has received a -130.12% net impact score from Upright. The largest negative impact of Scorpio Tankers in category "GHG emissions" is driven by its "Ship freight transport services for refined oil" product. See details.Environmental SustainabilityThe Environmental Impact score for Scorpio Tankers is -7.95. Previous Next 3.7 News and Social Media Coverage News SentimentScorpio Tankers has a news sentiment score of 0.68. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Scorpio Tankers this week, compared to 3 articles on an average week.Search Interest44 people have searched for STNG on MarketBeat in the last 30 days. This is an increase of 57% compared to the previous 30 days.MarketBeat Follows15 people have added Scorpio Tankers to their MarketBeat watchlist in the last 30 days. This is an increase of 36% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Scorpio Tankers insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.34% of the stock of Scorpio Tankers is held by insiders.Percentage Held by Institutions54.53% of the stock of Scorpio Tankers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Scorpio Tankers are expected to decrease by -22.73% in the coming year, from $11.92 to $9.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Scorpio Tankers is 10.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Scorpio Tankers is 10.99, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 28.62.Price to Earnings Growth RatioScorpio Tankers has a PEG Ratio of 0.17. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioScorpio Tankers has a P/B Ratio of 1.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Scorpio Tankers (NYSE:STNG) StockScorpio 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.Read More Receive STNG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Scorpio Tankers and its competitors with MarketBeat's FREE daily newsletter. Email Address STNG Stock News HeadlinesFebruary 8, 2023 | finance.yahoo.comReturns At Scorpio Tankers (NYSE:STNG) Are On The Way UpJanuary 31, 2023 | finance.yahoo.comScorpio Tankers Inc. To Announce Fourth Quarter 2022 Results and Have a Conference Call on February 16, 2023February 8, 2023 | Investing Trends (Ad)Huge Upside Potential With "Staggering" Solar DemandGlobal solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone. And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.January 25, 2023 | seekingalpha.comScorpio Tankers: Why The Bulls Are Tapping OutJanuary 21, 2023 | benzinga.comScorpio Tankers - Riding the Product Market Wave: Positive Sector Fundamentals to Drive the MarketJanuary 21, 2023 | seekingalpha.comScorpio Tankers: Company Strategy Could Potentially Jeopardize Future GrowthJanuary 13, 2023 | finance.yahoo.comScorpio Tankers – Highlights From the Capital Link Company Presentation SeriesJanuary 11, 2023 | finance.yahoo.comScorpio Tankers (STNG) Is Considered a Good Investment by Brokers: Is That True?February 8, 2023 | Investing Trends (Ad)Huge Upside Potential With "Staggering" Solar DemandGlobal solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone. And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.January 11, 2023 | finance.yahoo.comScorpio Tankers Inc. Announces Update on Daily TCE Revenues and Securities Repurchase ProgramJanuary 9, 2023 | finance.yahoo.comSouthwest (LUV) May Incur Q4 Loss Post Flight CancellationsJanuary 6, 2023 | finance.yahoo.comStrength Seen in Scorpio Tankers (STNG): Can Its 5.9% Jump Turn into More Strength?January 5, 2023 | finance.yahoo.comHere's Why Scorpio Tankers (STNG) is Poised for a Turnaround After Losing -7.07% in 4 WeeksJanuary 4, 2023 | finance.yahoo.comScorpio Tankers Inc. Announces Repurchases of Shares, Purchase of Call Options by the President of the Company, a New Credit Facility, and Participation in Upcoming Investor EventsDecember 28, 2022 | finance.yahoo.comScorpio Tankers (STNG) Dips More Than Broader Markets: What You Should KnowDecember 27, 2022 | finance.yahoo.comInvestors Heavily Search Scorpio Tankers Inc. (STNG): Here is What You Need to KnowDecember 26, 2022 | finance.yahoo.comWall Street Analysts See Scorpio Tankers (STNG) as a Buy: Should You Invest?December 20, 2022 | finance.yahoo.comZacks.com featured highlights include Tecnoglass, Scorpio Tankers, DCP Midstream Partners, Titan Machinery and Olympic SteelDecember 16, 2022 | seekingalpha.comScorpio Tankers Inc. (STNG) Q4 2022 Earnings Call TranscriptDecember 16, 2022 | finance.yahoo.comHere is What to Know Beyond Why Scorpio Tankers Inc. (STNG) is a Trending StockDecember 15, 2022 | finance.yahoo.comAfter 300% Return In 2022, Investors Can Take Profits In Red-Hot Scorpio TankersDecember 14, 2022 | markets.businessinsider.comJefferies Keeps Their Buy Rating on Scorpio Tankers (STNG)December 14, 2022 | finance.yahoo.comScorpio Tankers Inc. Announces Update on Q4 2022 Events, Including Q4 2022 Daily TCE RevenuesDecember 10, 2022 | finance.yahoo.comRecent 3.4% pullback isn't enough to hurt long-term Scorpio Tankers (NYSE:STNG) shareholders, they're still up 287% over 1 yearDecember 8, 2022 | seekingalpha.comScorpio Tankers: Now Is Not The Time To Get GreedyDecember 7, 2022 | finance.yahoo.comScorpio Tankers Inc. to Announce an Update on Q4 2022 Events and Have a Conference Call on December 14, 2022December 6, 2022 | finance.yahoo.comThis Top-Ranked Shipping Stock Is Pushing 52-Week HighsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive STNG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Scorpio Tankers and its competitors with MarketBeat's FREE daily newsletter. Email Address STNG Company Calendar Last Earnings11/11/2021Ex-Dividend for 12/15 Dividend11/16/2022Dividend Payable12/15/2022Today2/08/2023Next Earnings (Confirmed)2/16/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryOil & Gas Storage & Transportation SectorTransportation Current SymbolNYSE:STNG CUSIPY7542C10 CIK1483934 Webwww.scorpiotankers.com Phone(779) 798-5716FaxN/AEmployees26Year FoundedN/APrice Target and Rating Average Stock Price Forecast$52.71 High Stock Price Forecast$70.00 Low Stock Price Forecast$23.00 Forecasted Upside/Downside-4.1%Consensus RatingModerate Buy Rating Score (0-4)2.86 Research Coverage7 Analysts Profitability EPS (Most Recent Fiscal Year)$5.02 Trailing P/E Ratio10.95 Forward P/E Ratio4.61 P/E Growth0.17Net Income$-234,430,000.00 Net Margins26.86% Pretax Margin26.86% Return on Equity21.04% Return on Assets8.47% Debt Debt-to-Equity Ratio0.44 Current Ratio1.54 Quick Ratio1.54 Sales & Book Value Annual Sales$540.79 million Price / Sales5.93 Cash Flow$0.77 per share Price / Cash Flow70.99 Book Value$31.47 per share Price / Book1.75Miscellaneous Outstanding Shares58,370,000Free Float54,086,000Market Cap$3.21 billion OptionableOptionable Beta0.50 Key ExecutivesEmanuele A. LauroChairman & Chief Executive OfficerRobert L. BugbeePresident & Non-Independent DirectorCameron K. MackeyChief Operating Officer & DirectorBrian M. LeeChief Financial OfficerFilippo LauroVice PresidentKey CompetitorsFrontlineNYSE:FROSFLNYSE:SFLEuronavNYSE:EURNZIM Integrated Shipping ServicesNYSE:ZIMStar Bulk CarriersNASDAQ:SBLKView All CompetitorsInsiders & InstitutionsHerr Investment Group LLCBought 621,195 shares on 2/8/2023Ownership: 1.064%Russell Investments Group Ltd.Sold 20,721 shares on 2/8/2023Ownership: 0.196%Boston PartnersSold 3,494 shares on 2/8/2023Ownership: 0.044%Beck Bode LLCBought 10,880 shares on 2/8/2023Ownership: 0.019%IFP Advisors IncSold 489 shares on 2/7/2023Ownership: 0.001%View All Institutional Transactions STNG Stock - Frequently Asked Questions Should I buy or sell Scorpio Tankers stock right now? 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last twelve months. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street equities 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 brokerages have issued 12 month price objectives for Scorpio Tankers' stock. Their STNG share price forecasts range from $23.00 to $70.00. On average, they expect the company's share price to reach $52.71 in the next year. This suggests that the stock has a possible downside of 3.6%. 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 beginning of the year. Since then, STNG stock has increased by 1.7% and is now trading at $54.67. View the best growth stocks for 2023 here. Are investors shorting Scorpio Tankers? Scorpio Tankers saw a increase in short interest in January. As of January 15th, there was short interest totaling 4,050,000 shares, an increase of 42.1% from the December 31st total of 2,850,000 shares. Based on an average daily trading volume, of 1,350,000 shares, the days-to-cover ratio is presently 3.0 days. Currently, 7.4% of the company's stock are sold short. View Scorpio Tankers' Short Interest. When is Scorpio Tankers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023. View our STNG earnings forecast. How can I listen to Scorpio Tankers' earnings call? Scorpio Tankers will be holding an earnings conference call on Thursday, February 16th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Scorpio Tankers' earnings last quarter? Scorpio Tankers Inc. (NYSE:STNG) released its quarterly earnings results on Thursday, November, 11th. The shipping company reported ($1.39) earnings per share for the quarter, missing the consensus estimate of ($1.31) by $0.08. The shipping company earned $118.61 million during the quarter, compared to the consensus estimate of $124.86 million. Scorpio Tankers had a net margin of 26.86% and a trailing twelve-month return on equity of 21.04%. During the same quarter in the previous year, the firm earned ($0.37) 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 Monday, October 31st. Stockholders of record on Thursday, November 17th will be paid a dividend of $0.10 per share on Thursday, December 15th. This represents a $0.40 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, November 16th. Read our dividend analysis for STNG. Is Scorpio Tankers a good dividend stock? Scorpio Tankers (NYSE:STNG) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.80%. The dividend payout ratio is 7.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STNG will have a dividend payout ratio of 4.34% 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 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 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 investors include Private Management Group Inc. (0.46%), DNB Asset Management AS (0.23%), Bay Colony Advisory Group Inc d b a Bay Colony Advisors (0.21%), Bank of Montreal Can (0.14%), International Assets Investment Management LLC (0.12%) and Moody Aldrich Partners LLC (0.12%). 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 $54.67. How much money does Scorpio Tankers make? Scorpio Tankers (NYSE:STNG) has a market capitalization of $3.19 billion and generates $540.79 million in revenue each year. The shipping company earns $-234,430,000.00 in net income (profit) each year or $5.02 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 2/8/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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