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 announced a quarterly dividend on Thursday, November 7th. Investors of record on Monday, November 25th will be given a dividend of $0.10 per share on Friday, December 13th. This represents a $0.40 dividend on an annualized basis and a yield of 1.23%. The ex-dividend date of this dividend is Friday, November 22nd. View Scorpio Tankers' Dividend History.

Scorpio Tankers shares 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 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) announced its quarterly earnings data on Thursday, November, 7th. The shipping company reported ($0.92) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.86) by $0.06. The shipping company earned $136.07 million during the quarter, compared to analyst estimates of $142.53 million. Scorpio Tankers had a negative net margin of 12.03% and a negative return on equity of 4.13%. The firm's quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.21) earnings per share. View Scorpio Tankers' Earnings History.

Scorpio Tankers is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Scorpio Tankers.

7 brokerages have issued 12 month price objectives for Scorpio Tankers' shares. Their forecasts range from $34.00 to $42.00. On average, they expect Scorpio Tankers' share price to reach $38.50 in the next year. This suggests a possible upside of 18.4% 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.

Media coverage about STNG stock has trended positive recently, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Scorpio Tankers earned a media sentiment score of 3.0 on InfoTrie's scale. They also gave media stories 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 term. View News Stories for Scorpio Tankers.

Scorpio Tankers saw a increase in short interest during the month of December. As of December 13th, there was short interest totalling 3,570,000 shares, an increase of 13.7% from the November 28th total of 3,140,000 shares. Based on an average trading volume of 1,030,000 shares, the days-to-cover ratio is presently 3.5 days. Currently, 8.4% of the shares of the company are sold short. View Scorpio Tankers' Current Options Chain.

Some companies that are related to Scorpio Tankers include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), Ship Finance International (SFL), Golar LNG (GLNG), SemGroup (SEMG), Golden Ocean Group (GOGL), Teekay Tankers (TNK), GasLog (GLOG), 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), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

Scorpio Tankers' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Calamos Advisors LLC (0.33%), Peregrine Capital Management LLC (0.32%) and Penbrook Management LLC (0.08%).

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

STNG stock was purchased by a variety of institutional investors in the last quarter, including Calamos Advisors LLC and Penbrook Management LLC.

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 $32.53.

Scorpio Tankers has a market capitalization of $1.89 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 212-542-1616 or via email at [email protected]