Scorpio Tankers Stock Forecast, Price & News

7 Wall Street 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 analysts is that investors should "buy" Scorpio Tankers stock.
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Wall Street analysts have given Scorpio Tankers a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Scorpio Tankers wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Scorpio Tankers is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Scorpio Tankers.

Scorpio Tankers will be holding an earnings conference call on Thursday, August 5th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Scorpio Tankers Inc. (NYSE:STNG) issued its quarterly earnings data on Friday, May, 7th. The shipping company reported ($1.05) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($1.08) by $0.03. The shipping company earned $134.17 million during the quarter, compared to analyst estimates of $143.35 million. Scorpio Tankers had a positive trailing twelve-month return on equity of 0.48% and a negative net margin of 1.87%. The business's revenue was down 47.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.82 earnings per share.
View Scorpio Tankers' earnings history.

Scorpio Tankers declared a quarterly dividend on Monday, May 10th. Shareholders of record on Friday, May 21st will be given a dividend of $0.10 per share on Tuesday, June 15th. This represents a $0.40 dividend on an annualized basis and a yield of ∞. The ex-dividend date is Thursday, May 20th.
View Scorpio Tankers' dividend history.

Scorpio Tankers pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.40%. Scorpio Tankers does not yet have a strong track record of dividend growth. The dividend payout ratio of Scorpio Tankers is 19.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Scorpio Tankers will have a dividend payout ratio of 24.69% next year. This indicates that Scorpio Tankers will be able to sustain or increase its dividend.
View Scorpio Tankers' dividend history.

Scorpio Tankers shares 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.

7 Wall Street analysts have issued 12-month target prices for Scorpio Tankers' stock. Their forecasts range from $17.00 to $35.00. On average, they expect Scorpio Tankers' share price to reach $23.57 in the next year.
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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), Golden Ocean Group (GOGL), Golar LNG (GLNG), SFL (SFL), Teekay Tankers (TNK), Nordic American Tankers (NAT) 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 many different institutional and retail investors. Top institutional shareholders include TCW Group Inc. (0.82%) and Hodges Capital Management Inc. (0.07%).

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

STNG stock was purchased by a variety of institutional investors in the last quarter, including TCW Group 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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Scorpio Tankers has a market capitalization of $0.00 and generates $915.89 million in revenue each year. The shipping company earns $94.12 million in net income (profit) each year or $2.02 on an earnings per share basis.

Scorpio Tankers employs 25 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]