Scorpio Tankers Stock Price, News & Analysis (NYSE:STNG)

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

Scorpio Tankers announced a quarterly dividend on Tuesday, July 30th. Stockholders of record on Tuesday, September 10th will be given a dividend of $0.10 per share on Friday, September 27th. This represents a $0.40 annualized dividend and a dividend yield of 1.42%. The ex-dividend date is Monday, September 9th. 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 market closes 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.

Scorpio Tankers Inc. (NYSE:STNG) issued its earnings results on Wednesday, July, 31st. The shipping company reported ($0.62) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.71) by $0.09. The shipping company earned $150.80 million during the quarter, compared to the consensus estimate of $148.88 million. Scorpio Tankers had a negative return on equity of 5.50% and a negative net margin of 16.52%. The company's revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the company earned ($0.15) earnings per share. View Scorpio Tankers' Earnings History.

Scorpio Tankers is scheduled to release their next quarterly earnings announcement on Wednesday, October 30th 2019. View Earnings Estimates for Scorpio Tankers.

6 brokerages have issued 1-year price targets for Scorpio Tankers' stock. Their predictions range from $30.00 to $40.00. On average, they expect Scorpio Tankers' stock price to reach $35.6667 in the next twelve months. This suggests a possible upside of 26.4% from the stock's current price. View Analyst Price Targets for Scorpio Tankers.

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

Press coverage about STNG stock has been trending somewhat negative on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of 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 -1.3 on InfoTrie's scale. They also assigned media coverage 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 future. View News Stories for Scorpio Tankers.

Some companies that are related to Scorpio Tankers include SEASPAN CORP/SH SH (SSW), Euronav (EURN), Ship Finance International (SFL), Frontline (FRO), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Star Bulk Carriers (SBLK), DHT (DHT), COSTAMARE INC/SH (CMRE), Navigator (NVGS), Dorian LPG (LPG), Teekay (TK), Scorpio Bulkers (SALT), DryShips (DRYS) and Genco Shipping & Trading (GNK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Scorpio Tankers investors own include Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), First Data (FDC), Ciena (CIEN), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

Scorpio Tankers' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.15%), Investec Asset Management LTD (3.62%), Benefit Street Partners LLC (2.01%), Marshall Wace LLP (1.26%), Nuveen Asset Management LLC (0.89%) and Northern Trust Corp (0.85%).

STNG stock was sold by a variety of institutional investors in the last quarter, including Benefit Street Partners LLC, Carlson Capital L P, Russell Investments Group Ltd., Marshall Wace LLP, BlackRock Inc., Marshall Wace North America L.P., Boston Partners and Putnam Investments LLC.

STNG stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Waddell & Reed Financial Inc., Prudential Financial Inc., Renaissance Technologies LLC, Canada Pension Plan Investment Board, Bank of America Corp DE, River & Mercantile Asset Management LLP and River & Mercantile Asset Management LLP.

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 $28.21.

Scorpio Tankers has a market capitalization of $1.45 billion and generates $585.05 million in revenue each year. The shipping company earns $-190,070,000.00 in net income (profit) each year or ($4.56) on an earnings per share basis. Scorpio Tankers employs 21 workers across the globe.View Additional Information About Scorpio Tankers.

The official website for Scorpio Tankers is http://www.scorpiotankers.com/.

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]