NYSE:STNG - Scorpio Tankers Stock Price, Forecast & News

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

Scorpio Tankers declared a quarterly dividend on Wednesday, February 19th. Stockholders of record on Monday, March 2nd will be paid a dividend of $0.10 per share on Friday, March 13th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.21%. The ex-dividend date of this dividend is Friday, February 28th. 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 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) posted its quarterly earnings data on Wednesday, February, 19th. The shipping company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.58 by $0.35. The shipping company earned $221.60 million during the quarter, compared to the consensus estimate of $232.48 million. Scorpio Tankers had a negative net margin of 6.88% and a negative return on equity of 2.47%. The business's quarterly revenue was up 32.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.38) earnings per share. View Scorpio Tankers' Earnings History.

Scorpio Tankers is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Scorpio Tankers.

7 equities research analysts have issued twelve-month price targets for Scorpio Tankers' stock. Their forecasts range from $34.00 to $42.00. On average, they expect Scorpio Tankers' stock price to reach $38.50 in the next year. This suggests a possible upside of 112.4% from the stock's current price. View Analyst Price Targets for Scorpio Tankers.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last year. There are currently 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Scorpio Tankers.

News stories about STNG stock have trended very negative recently, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Scorpio Tankers earned a news impact score of -3.0 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent news 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 Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Ship Finance International (SFL), Frontline (FRO), Golar LNG (GLNG), SemGroup (SEMG), Golden Ocean Group (GOGL), GasLog (GLOG), Teekay Tankers (TNK), Nordic American Tanker (NAT) and Teekay (TK).

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), AMC Entertainment (AMC), Associated British Foods (ABF), Chaarat Gold (CGH), Ciena (CIEN), First Data (FDC), Cypress Semiconductor (CY) and Apollo Global Management (APO).

Scorpio Tankers' stock is owned by many different of retail and institutional investors. Top institutional investors include Investec Asset Management LTD (2.80%), Hosking Partners LLP (1.91%), State Street Corp (1.36%), Russell Investments Group Ltd. (1.19%), Brightline Capital Management LLC (0.64%) and Benefit Street Partners LLC (0.53%).

STNG stock was sold by a variety of institutional investors in the last quarter, including Benefit Street Partners LLC, Prudential Financial Inc., Renaissance Technologies LLC, Point72 Asset Management L.P., Cubist Systematic Strategies LLC, Investec Asset Management LTD, Hosking Partners LLP and Boston Partners.

STNG stock was bought by a variety of institutional investors in the last quarter, including Brightline Capital Management LLC, MIK Capital LP, Driehaus Capital Management LLC, Connor Clark & Lunn Investment Management Ltd., SG Capital Management LLC, Centenus Global Management LP, Hodges Capital Management Inc. and Russell Investments Group Ltd..

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 $18.13.

Scorpio Tankers has a market capitalization of $1.05 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.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 212-542-1616 or via email at [email protected]