NYSE:STNGScorpio Tankers Stock Price, Forecast & News

Scorpio Tankers' stock was trading at $17.59 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, STNG shares have increased by 0.4% and is now trading at $17.66. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last year. There are currently 2 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Scorpio Tankers.

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

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

Scorpio Tankers announced a quarterly dividend on Thursday, May 7th. Investors of record on Monday, June 1st will be paid 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 2.27%. The ex-dividend date of this dividend is Friday, May 29th. View Scorpio Tankers' dividend history.

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.

8 brokerages have issued 1-year price targets for Scorpio Tankers' shares. Their forecasts range from $30.00 to $55.00. On average, they expect Scorpio Tankers' stock price to reach $38.29 in the next year. This suggests a possible upside of 116.8% from the stock's current price. View analysts' price targets for Scorpio Tankers.

Headlines about STNG stock have trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 1.0 on InfoTrie's scale. They also assigned media stories about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutScorpio Tankers.

Some companies that are related to Scorpio Tankers include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), SemGroup (SEMG), Ship Finance International (SFL), Golar LNG (GLNG), Nordic American Tanker (NAT), Teekay Tankers (TNK), Golden Ocean Group (GOGL), Teekay (TK) and GasLog (GLOG). View all competitors.

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).

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

Scorpio Tankers' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (4.03%), Wellington Management Group LLP (2.19%), State Street Corp (1.34%), Bank of New York Mellon Corp (1.12%), Schneider Capital Management Corp (0.88%) and Hodges Capital Management Inc. (0.70%).

STNG stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Bank of New York Mellon Corp, Russell Investments Group Ltd., Wellington Management Group LLP, Federated Hermes Inc., Schneider Capital Management Corp, BlackRock Inc., and Parametric Portfolio Associates LLC.

STNG stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Hodges Capital Management Inc., Phoenix Holdings Ltd., Granahan Investment Management Inc. MA, Envestnet Asset Management Inc., United Capital Financial Advisers LLC, GSA Capital Partners LLP, and Quantitative Investment Management LLC.

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 $17.66.

Scorpio Tankers has a market capitalization of $1.04 billion 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.

The official website for Scorpio Tankers is 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]