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NYSE:STNG

Scorpio Tankers Stock Forecast, Price & News

$12.85
-0.39 (-2.95 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$12.78
Now: $12.85
$13.25
50-Day Range
$10.90
MA: $12.57
$13.90
52-Week Range
$10.82
Now: $12.85
$40.45
Volume1.30 million shs
Average Volume2.25 million shs
Market Capitalization$753.94 million
P/E Ratio5.14
Dividend Yield3.02%
Beta0.89
Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products worldwide. As of March 20, 2019, its owned or finance leased 109 product tankers, including 38 LR2 tankers, 12 LR1 tankers, 45 MR tankers, and 14 Handymax tankers with an average age of 3.6 years; and time or bareboat chartered-in 10 product tankers comprising 3 MR tankers and 7 Handymax tankers. The company was founded in 2009 and is based in Monaco.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.35 out of 5 stars


Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryOil & Gas Storage & Transportation
CUSIPY7542C10
Phone377-9798-5716

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$704.33 million
Cash Flow$3.22 per share
Book Value$33.97 per share

Profitability

Net Income$-48,490,000.00

Miscellaneous

Employees21
Market Cap$753.94 million
Next Earnings Date11/5/2020 (Estimated)
OptionableOptionable
$12.85
-0.39 (-2.95 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Scorpio Tankers (NYSE:STNG) Frequently Asked Questions

How has Scorpio Tankers' stock been impacted by Coronavirus (COVID-19)?

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 decreased by 26.9% and is now trading at $12.85.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Scorpio Tankers?

9 Wall Street 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, resulting in a consensus recommendation of "Buy."
View analyst ratings for Scorpio Tankers
.

When is Scorpio Tankers' next earnings date?

Scorpio Tankers is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Scorpio Tankers
.

How were Scorpio Tankers' earnings last quarter?

Scorpio Tankers Inc. (NYSE:STNG) issued its quarterly earnings data on Thursday, August, 6th. The shipping company reported $2.40 EPS for the quarter, topping analysts' consensus estimates of $2.37 by $0.03. The shipping company had revenue of $346.24 million for the quarter, compared to the consensus estimate of $349.58 million. Scorpio Tankers had a return on equity of 7.80% and a net margin of 16.42%. The company's quarterly revenue was up 129.6% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.62) earnings per share.
View Scorpio Tankers' earnings history
.

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

Scorpio Tankers declared a quarterly dividend on Wednesday, August 5th. Stockholders of record on Wednesday, September 9th will be paid a dividend of $0.10 per share on Tuesday, September 29th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 3.11%. The ex-dividend date of this dividend is Tuesday, September 8th.
View Scorpio Tankers' dividend history
.

When did Scorpio Tankers' stock split? How did Scorpio Tankers' stock split work?

Shares of Scorpio Tankers 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 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.

What price target have analysts set for STNG?

9 Wall Street analysts have issued 12-month price objectives for Scorpio Tankers' stock. Their forecasts range from $15.00 to $45.00. On average, they expect Scorpio Tankers' stock price to reach $26.50 in the next year. This suggests a possible upside of 106.2% from the stock's current price.
View analysts' price targets for Scorpio Tankers
.

Are investors shorting Scorpio Tankers?

Scorpio Tankers saw a increase in short interest in August. As of August 31st, there was short interest totaling 6,980,000 shares, an increase of 8.7% from the August 15th total of 6,420,000 shares. Based on an average daily volume of 1,890,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 14.5% of the company's stock are sold short.
View Scorpio Tankers' Short Interest
.

Who are some of Scorpio Tankers' key competitors?

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), Fossil Group (FOSL), AMC Entertainment (AMC), Micron Technology (MU), Associated British Foods (ABF), Chaarat Gold (CGH), Ciena (CIEN), First Data (FDC) and Nordic American Tanker (nat).

Who are Scorpio Tankers' key executives?

Scorpio Tankers' management team includes the following people:
  • Mr. Emanuele A. Lauro, Founder, Chairman & CEO (Age 40)
  • Mr. Robert L. Bugbee, Pres & Director (Age 59)
  • Mr. Brian M. Lee, Chief Financial Officer (Age 52)
  • Mr. Cameron Mackey, COO & Director (Age 51)
  • Ms. Yang Fan, Sec. (Age 30)

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 Jefferies Group LLC (2.65%), Ninety One UK Ltd (2.25%), Hosking Partners LLP (2.22%), Bank of New York Mellon Corp (1.10%), TCW Group Inc. (0.86%) and Bank of America Corp DE (0.82%).

Which major investors are selling Scorpio Tankers stock?

STNG stock was sold by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Ninety One UK Ltd, Russell Investments Group Ltd., Goldman Sachs Group Inc., Nuveen Asset Management LLC, Bank of Montreal Can, Envestnet Asset Management Inc., and Hodges Capital Management Inc..

Which major investors are buying Scorpio Tankers stock?

STNG stock was purchased by a variety of institutional investors in the last quarter, including TCW Group Inc., Bank of America Corp DE, Brandes Investment Partners LP, Man Group plc, Stifel Financial Corp, Evolution Wealth Advisors LLC, Hosking Partners LLP, and Prudential Financial Inc..

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Scorpio Tankers' stock price today?

One share of STNG stock can currently be purchased for approximately $12.85.

How big of a company is Scorpio Tankers?

Scorpio Tankers has a market capitalization of $753.94 million 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.

What is Scorpio Tankers' official website?

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

How can I contact Scorpio Tankers?

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]

This page was last updated on 9/19/2020 by MarketBeat.com Staff

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