Scorpio Tankers Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last year. There are currently 1 sell rating, 2 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Scorpio Tankers stock.
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Scorpio Tankers saw a decline in short interest during the month of February. As of February 26th, there was short interest totaling 3,840,000 shares, a decline of 19.7% from the February 11th total of 4,780,000 shares. Based on an average daily trading volume, of 1,650,000 shares, the short-interest ratio is presently 2.3 days. Approximately 8.2% of the shares of the stock are sold short.
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Scorpio Tankers is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 2021.
View our earnings forecast for Scorpio Tankers.

Scorpio Tankers Inc. (NYSE:STNG) released its earnings results on Thursday, February, 18th. The shipping company reported ($1.04) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($1.10) by $0.06. The shipping company earned $138 million during the quarter, compared to analysts' expectations of $135.93 million. Scorpio Tankers had a trailing twelve-month return on equity of 8.82% and a net margin of 18.26%.
View Scorpio Tankers' earnings history.

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. Since then, STNG shares have increased by 0.1% and is now trading at $17.60.
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Scorpio Tankers declared a quarterly dividend on Friday, February 19th. Investors of record on Tuesday, March 2nd will be given a dividend of $0.10 per share on Monday, March 15th. This represents a $0.40 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date is Monday, March 1st.
View Scorpio Tankers' dividend history.

Scorpio Tankers pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.22%.
View Scorpio Tankers' dividend history.

Scorpio Tankers's stock reverse split 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.

9 brokerages have issued twelve-month price targets for Scorpio Tankers' shares. Their forecasts range from $15.00 to $35.00. On average, they expect Scorpio Tankers' share price to reach $22.00 in the next year. This suggests a possible upside of 25.0% from the stock's current price.
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Some companies that are related to Scorpio Tankers include Kinder Morgan (KMI), The Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), Golar LNG (GLNG), Golden Ocean Group (GOGL), SFL (SFL), GasLog (GLOG), Nordic American Tankers (NAT), Teekay Tankers (TNK) and Teekay (TK).
View all of STNG's competitors.

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).

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

Scorpio Tankers' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Hodges Capital Management Inc. (0.09%).

STNG stock was acquired by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc..

Shares of STNG 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.
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One share of STNG stock can currently be purchased for approximately $17.60.

Scorpio Tankers has a market capitalization of $1.02 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 22 workers across the globe.

The official website for Scorpio Tankers is www.scorpiotankers.com.

Scorpio Tankers is headquartered at 9 BOULEVARD CHARLES III, MONACO O9, 98000.

Scorpio Tankers' mailing address is 9 BOULEVARD CHARLES III, MONACO O9, 98000. The shipping company can be reached via phone at (779) 798-5716 or via email at [email protected]