Scorpio Tankers Stock Forecast, Price & News

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last year. There are currently 1 sell rating, 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Scorpio Tankers stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STNG, but not buy additional shares or sell existing shares.
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Wall Street analysts have given Scorpio Tankers a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Scorpio Tankers wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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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) announced its quarterly earnings results on Thursday, February, 18th. The shipping company reported ($1.04) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($1.10) by $0.06. The shipping company had revenue of $138 million for 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 stock has decreased by 9.0% and is now trading at $16.01.
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Scorpio Tankers announced a quarterly dividend on Friday, February 19th. Shareholders 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 annualized dividend and a dividend yield of 2.50%. The ex-dividend date of this dividend 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 2.49%.
View Scorpio Tankers' dividend history.

Scorpio Tankers shares reverse split before market open 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' stock. Their forecasts range from $15.00 to $35.00. On average, they expect Scorpio Tankers' share price to reach $22.22 in the next year. This suggests a possible upside of 38.8% 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), SFL (SFL), Golden Ocean Group (GOGL), 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 Holdings Limited (CGH.L) (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 institutional and retail investors. Top institutional investors include BlackRock Inc. (5.04%), Hosking Partners LLP (2.08%), Northern Trust Corp (0.84%), TCW Group Inc. (0.71%), Peregrine Capital Management LLC (0.65%) and Charles Schwab Investment Management Inc. (0.54%).

STNG stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Evermore Global Advisors LLC, Hodges Capital Management Inc., TCW Group Inc., Nuveen Asset Management LLC, Barclays PLC, Equitec Proprietary Markets LLC, and Hosking Partners LLP.

STNG stock was bought by a variety of institutional investors in the last quarter, including Voloridge Investment Management LLC, Jefferies Group LLC, BlackRock Inc., Peregrine Capital Management LLC, Schroder Investment Management Group, Bay Colony Advisory Group Inc d b a Bay Colony Advisors, Paloma Partners Management Co, and Charles Schwab Investment 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 $16.01.

Scorpio Tankers has a market capitalization of $930.07 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 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 377-9798-5716 or via email at [email protected]