S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
S&P 500   4,228.48 (-1.29%)
DOW   33,706.74 (-0.86%)
QQQ   322.86 (-1.95%)
AAPL   171.52 (-1.51%)
MSFT   286.15 (-1.39%)
META   167.96 (-3.84%)
GOOGL   117.21 (-2.46%)
AMZN   138.23 (-2.86%)
TSLA   890.00 (-2.05%)
NVDA   178.49 (-4.92%)
NIO   19.05 (-4.32%)
BABA   89.63 (-1.22%)
AMD   95.95 (-4.47%)
T   18.43 (+0.00%)
MU   60.51 (-3.92%)
CGC   3.82 (+0.26%)
F   15.88 (-1.67%)
GE   77.72 (-1.88%)
DIS   120.14 (-2.06%)
AMC   18.02 (-6.58%)
PYPL   96.56 (-3.30%)
PFE   49.15 (+1.17%)
NFLX   241.16 (-1.64%)
NYSE:STNG

Scorpio Tankers - STNG Stock Forecast, Price & News

$39.42
-0.30 (-0.76%)
(As of 08/19/2022 12:00 AM ET)
Add
Compare
Today's Range
$38.08
$39.55
50-Day Range
$29.29
$42.93
52-Week Range
$11.02
$43.36
Volume
1.01 million shs
Average Volume
1.18 million shs
Market Capitalization
$2.30 billion
P/E Ratio
N/A
Dividend Yield
1.01%
Price Target
$37.36

Scorpio Tankers MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
5.2% Downside
$37.36 Price Target
Short Interest
Healthy
7.60% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.95
Upright™ Environmental Score
News Sentiment
0.52mentions of Scorpio Tankers in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-24.56%
From $6.80 to $5.13 Per Share

Overall MarketRank

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

1.61 out of 5 stars

Transportation Sector

108th out of 124 stocks

Deep Sea Foreign Transportation Of Freight Industry

26th out of 28 stocks

STNG stock logo

About Scorpio Tankers (NYSE:STNG) Stock

Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 18, 2022, the company's fleet consisted of 124 owned, finance leased, or bareboat chartered-in tankers, including 42 LR2, 6 LR1, 62 MR, and 14 Handymax with a weighted average age of approximately 6.2 years. Scorpio Tankers Inc. was incorporated in 2009 and is based in Monaco.

Analysts Set New Price Targets

STNG has been the topic of a number of research analyst reports. BTIG Research boosted their price target on shares of Scorpio Tankers from $42.00 to $50.00 and gave the company a "buy" rating in a research note on Thursday, July 28th. B. Riley increased their price objective on shares of Scorpio Tankers from $45.00 to $50.00 in a research report on Friday, July 29th. HC Wainwright raised their target price on shares of Scorpio Tankers from $28.00 to $38.00 in a report on Friday, April 29th. Stifel Nicolaus lifted their price target on Scorpio Tankers from $39.00 to $43.00 in a research report on Tuesday, July 19th. Finally, Jefferies Financial Group started coverage on Scorpio Tankers in a report on Wednesday, July 20th. They issued a "buy" rating and a $47.00 target price on the stock. One investment analyst has rated the stock with a sell rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, Scorpio Tankers presently has an average rating of "Moderate Buy" and a consensus target price of $37.36.

Scorpio Tankers Trading Down 2.4 %

NYSE:STNG traded down $0.96 during trading hours on Friday, reaching $38.76. The stock had a trading volume of 22,946 shares, compared to its average volume of 1,024,941. Scorpio Tankers has a 52 week low of $11.02 and a 52 week high of $43.36. The company has a 50 day moving average price of $36.96 and a two-hundred day moving average price of $27.54. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.50 and a current ratio of 1.53.

Scorpio Tankers (NYSE:STNG - Get Rating) last issued its quarterly earnings results on Thursday, July 28th. The shipping company reported $3.13 EPS for the quarter, topping analysts' consensus estimates of $2.85 by $0.28. Scorpio Tankers had a positive return on equity of 3.32% and a negative net margin of 1.49%. The company had revenue of $405.80 million during the quarter, compared to analysts' expectations of $333.11 million. During the same quarter in the previous year, the firm posted ($0.94) EPS. The firm's revenue was up 191.1% compared to the same quarter last year. As a group, equities analysts forecast that Scorpio Tankers will post 6.8 EPS for the current fiscal year.

Scorpio Tankers Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Thursday, August 11th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.03%. The ex-dividend date is Wednesday, August 10th. Scorpio Tankers's dividend payout ratio is presently -63.49%.

Receive STNG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Scorpio Tankers and its competitors with MarketBeat's FREE daily newsletter.

STNG Stock News Headlines

Scorpio Tankers (NYSE:STNG) Cut to Hold at StockNews.com
Combat Choppy Market With These 4 Low-Beta Stocks
What Are Whales Doing With Scorpio Tankers
Scorpio Tankers (NYSE:STNG) Upgraded to Buy at StockNews.com
Scorpio Tankers (NYSE:STNG) Reaches New 1-Year High at $40.73
See More Headlines
Receive STNG Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Scorpio Tankers and its competitors with MarketBeat's FREE daily newsletter.

STNG Company Calendar

Ex-Dividend for 6/15 Dividend
5/19/2022
Dividend Payable
6/15/2022
Last Earnings
7/28/2022
Ex-Dividend for 9/15 Dividend
8/10/2022
Today
8/19/2022
Dividend Payable
9/15/2022
Next Earnings (Estimated)
11/10/2022
Fiscal Year End
12/31/2022

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
$37.36
High Stock Price Forecast
$50.00
Low Stock Price Forecast
$10.50
Forecasted Upside/Downside
-5.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$-234,430,000.00
Pretax Margin
-1.49%

Debt

Sales & Book Value

Annual Sales
$540.79 million
Cash Flow
$0.73 per share
Book Value
$33.25 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.30 billion
Optionable
Optionable
Beta
0.51

Key Executives

  • Mr. Emanuele A. Lauro (Age 43)
    Founder, Chairman & CEO
  • Mr. Robert L. Bugbee (Age 62)
    Pres & Director
  • Mr. Brian M. Lee (Age 55)
    Chief Financial Officer
  • Mr. Cameron Mackey (Age 54)
    COO & Director
  • Ms. Monica Pahwa (Age 52)
    Sec.
  • Mr. Lars Dencker Nielsen
    Commercial Director
  • Mr. David Rodney Morant
    Managing Director - Scorpio UK
  • James Doyle
    Sr. Financial & Research Analyst













STNG Stock - Frequently Asked Questions

Should I buy or sell Scorpio Tankers stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Scorpio Tankers in the last twelve months. There are currently 1 sell rating and 5 buy ratings for the stock. The consensus among Wall Street 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 2022?

6 Wall Street analysts have issued 1-year price objectives for Scorpio Tankers' shares. Their STNG share price forecasts range from $10.50 to $50.00. On average, they predict the company's stock price to reach $37.36 in the next twelve months. This suggests that the stock has a possible downside of 5.2%.
View analysts price targets for STNG
or view top-rated stocks among Wall Street analysts.

How have STNG shares performed in 2022?

Scorpio Tankers' stock was trading at $12.81 at the beginning of the year. Since then, STNG stock has increased by 207.7% and is now trading at $39.42.
View the best growth stocks for 2022 here
.

When is Scorpio Tankers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 10th 2022.
View our STNG earnings forecast
.

How were Scorpio Tankers' earnings last quarter?

Scorpio Tankers Inc. (NYSE:STNG) released its quarterly earnings results on Thursday, July, 28th. The shipping company reported $3.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.85 by $0.28. The shipping company earned $405.80 million during the quarter, compared to analyst estimates of $333.11 million. Scorpio Tankers had a negative net margin of 1.49% and a positive trailing twelve-month return on equity of 3.32%. Scorpio Tankers's quarterly revenue was up 191.1% on a year-over-year basis. During the same period last year, the company earned ($0.94) earnings per share.

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

Scorpio Tankers declared a quarterly dividend on Wednesday, July 27th. Shareholders of record on Thursday, August 11th will be paid a dividend of $0.10 per share on Thursday, September 15th. This represents a $0.40 annualized dividend and a dividend yield of 1.01%. The ex-dividend date is Wednesday, August 10th.
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 1.01%.
Read our dividend analysis for STNG.

When did Scorpio Tankers' stock split?

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 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 many different retail and institutional investors. Top institutional investors include FMR LLC (3.20%), State Street Corp (1.50%), Hosking Partners LLP (1.00%), Millennium Management LLC (0.95%), Healthcare of Ontario Pension Plan Trust Fund (0.92%) and Goldman Sachs Group Inc. (0.90%).

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 $39.42.

How much money does Scorpio Tankers make?

Scorpio Tankers (NYSE:STNG) has a market capitalization of $2.30 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 ($0.63) 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 8/19/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.