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AMD   85.11 (-0.93%)
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BABA   106.02 (+0.49%)
AMD   85.11 (-0.93%)
T   19.08 (-0.88%)
F   13.43 (-0.15%)
MU   60.58 (-2.49%)
CGC   2.77 (-1.77%)
GE   81.77 (-0.41%)
DIS   110.70 (-0.83%)
AMC   5.75 (-6.96%)
PFE   43.71 (+0.28%)
PYPL   79.93 (-3.96%)
NFLX   361.12 (-0.50%)
QQQ   304.38 (-1.77%)
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BABA   106.02 (+0.49%)
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T   19.08 (-0.88%)
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MU   60.58 (-2.49%)
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GE   81.77 (-0.41%)
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NYSE:STNG

Scorpio Tankers - STNG Stock Forecast, Price & News

$54.97
+0.30 (+0.55%)
(As of 02/8/2023 12:14 PM ET)
Add
Compare
Today's Range
$53.81
$55.37
50-Day Range
$45.69
$56.86
52-Week Range
$14.31
$57.71
Volume
432,503 shs
Average Volume
1.82 million shs
Market Capitalization
$3.21 billion
P/E Ratio
10.95
Dividend Yield
0.77%
Price Target
$52.71

Scorpio Tankers MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.86 Rating Score
Upside/​Downside
4.5% Downside
$52.71 Price Target
Short Interest
Bearish
7.37% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.95
Upright™ Environmental Score
News Sentiment
0.68mentions of Scorpio Tankers in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-22.73%
From $11.92 to $9.21 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.75 out of 5 stars

Transportation Sector

98th out of 119 stocks

Deep Sea Foreign Transportation Of Freight Industry

25th out of 29 stocks

STNG stock logo

About Scorpio Tankers (NYSE:STNG) Stock

Scorpio Tankers, Inc. engages in the provision of marine transportation of petroleum products. Its consists of wholly owned, finance leased, and bareboat chartered-in tankers. It operates through the following segments: MR, LR2, Handymax, and LR1. The company was founded by Emanuele A. Lauro on July 1, 2009 and is headquartered in Monaco.

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STNG Stock News Headlines

Returns At Scorpio Tankers (NYSE:STNG) Are On The Way Up
Huge Upside Potential With "Staggering" Solar Demand
Global solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone. And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.
Scorpio Tankers: Why The Bulls Are Tapping Out
Huge Upside Potential With "Staggering" Solar Demand
Global solar demand is "staggering" right now, according to Bloomberg. Solar installations are set to grow 30% this year alone. And the boom is just beginning, with increasing adoption of solar by commercial, non-profit, and public entities. With only 1% of commercial electricity demand served by on-site solar globally, there is HUGE opportunity for growth.
Jefferies Keeps Their Buy Rating on Scorpio Tankers (STNG)
Scorpio Tankers: Now Is Not The Time To Get Greedy
This Top-Ranked Shipping Stock Is Pushing 52-Week Highs
See More Headlines
Receive STNG Stock News and Ratings via Email

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STNG Company Calendar

Last Earnings
11/11/2021
Ex-Dividend for 12/15 Dividend
11/16/2022
Dividend Payable
12/15/2022
Today
2/08/2023
Next Earnings (Confirmed)
2/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
Y7542C10
Fax
N/A
Employees
26
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$52.71
High Stock Price Forecast
$70.00
Low Stock Price Forecast
$23.00
Forecasted Upside/Downside
-4.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.86
Research Coverage
7 Analysts

Profitability

Net Income
$-234,430,000.00
Pretax Margin
26.86%

Debt

Sales & Book Value

Annual Sales
$540.79 million
Cash Flow
$0.77 per share
Book Value
$31.47 per share

Miscellaneous

Free Float
54,086,000
Market Cap
$3.21 billion
Optionable
Optionable
Beta
0.50

Key Executives

  • Emanuele A. Lauro
    Chairman & Chief Executive Officer
  • Robert L. Bugbee
    President & Non-Independent Director
  • Cameron K. Mackey
    Chief Operating Officer & Director
  • Brian M. Lee
    Chief Financial Officer
  • Filippo Lauro
    Vice President













STNG Stock - Frequently Asked Questions

Should I buy or sell Scorpio Tankers stock right now?

7 Wall Street equities research 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 equities research analysts is that investors should "buy" STNG shares.
View STNG analyst ratings
or view top-rated stocks.

What is Scorpio Tankers' stock price forecast for 2023?

7 brokerages have issued 12 month price objectives for Scorpio Tankers' stock. Their STNG share price forecasts range from $23.00 to $70.00. On average, they expect the company's share price to reach $52.71 in the next year. This suggests that the stock has a possible downside of 3.6%.
View analysts price targets for STNG
or view top-rated stocks among Wall Street analysts.

How have STNG shares performed in 2023?

Scorpio Tankers' stock was trading at $53.77 at the beginning of the year. Since then, STNG stock has increased by 1.7% and is now trading at $54.67.
View the best growth stocks for 2023 here
.

Are investors shorting Scorpio Tankers?

Scorpio Tankers saw a increase in short interest in January. As of January 15th, there was short interest totaling 4,050,000 shares, an increase of 42.1% from the December 31st total of 2,850,000 shares. Based on an average daily trading volume, of 1,350,000 shares, the days-to-cover ratio is presently 3.0 days. Currently, 7.4% of the company's stock are sold short.
View Scorpio Tankers' Short Interest
.

When is Scorpio Tankers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our STNG earnings forecast
.

How can I listen to Scorpio Tankers' earnings call?

Scorpio Tankers will be holding an earnings conference call on Thursday, February 16th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Scorpio Tankers' earnings last quarter?

Scorpio Tankers Inc. (NYSE:STNG) released its quarterly earnings results on Thursday, November, 11th. The shipping company reported ($1.39) earnings per share for the quarter, missing the consensus estimate of ($1.31) by $0.08. The shipping company earned $118.61 million during the quarter, compared to the consensus estimate of $124.86 million. Scorpio Tankers had a net margin of 26.86% and a trailing twelve-month return on equity of 21.04%. During the same quarter in the previous year, the firm earned ($0.37) earnings per share.

How often does Scorpio Tankers pay dividends? What is the dividend yield for Scorpio Tankers?

Scorpio Tankers announced a quarterly dividend on Monday, October 31st. Stockholders of record on Thursday, November 17th will be paid a dividend of $0.10 per share on Thursday, December 15th. This represents a $0.40 dividend on an annualized basis and a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, November 16th.
Read our dividend analysis for STNG
.

Is Scorpio Tankers a good dividend stock?

Scorpio Tankers (NYSE:STNG) pays an annual dividend of $0.40 per share and currently has a dividend yield of 0.80%. The dividend payout ratio is 7.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STNG will have a dividend payout ratio of 4.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for STNG.

When did Scorpio Tankers' stock split?

Scorpio Tankers's stock 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 stock prior to the reverse split would have 10 shares after the split.

What other stocks do shareholders of Scorpio Tankers own?

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).

What is Scorpio Tankers' stock symbol?

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

Who are Scorpio Tankers' major shareholders?

Scorpio Tankers' stock is owned by a variety of institutional and retail investors. Top institutional investors include Private Management Group Inc. (0.46%), DNB Asset Management AS (0.23%), Bay Colony Advisory Group Inc d b a Bay Colony Advisors (0.21%), Bank of Montreal Can (0.14%), International Assets Investment Management LLC (0.12%) and Moody Aldrich Partners LLC (0.12%).

How do I buy shares of Scorpio Tankers?

Shares of STNG stock 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.
Compare Top Brokerages Here.

What is Scorpio Tankers' stock price today?

One share of STNG stock can currently be purchased for approximately $54.67.

How much money does Scorpio Tankers make?

Scorpio Tankers (NYSE:STNG) has a market capitalization of $3.19 billion and generates $540.79 million in revenue each year. The shipping company earns $-234,430,000.00 in net income (profit) each year or $5.02 on an earnings per share basis.

How can I contact Scorpio Tankers?

Scorpio Tankers' mailing address is 9 BOULEVARD CHARLES III, MONACO O9, 98000. The official website for the company is www.scorpiotankers.com. The shipping company can be reached via phone at (779) 798-5716 or via email at investor.relations@scorpiotankers.com.

This page (NYSE:STNG) was last updated on 2/8/2023 by MarketBeat.com Staff