Euronav (EURN) Stock Price, News & Analysis

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EURN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EURN, but not buy additional shares or sell existing shares.
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6 Wall Street analysts have issued 1-year target prices for Euronav's stock. Their EURN share price targets range from $17.86 to $21.70. On average, they expect the company's share price to reach $19.18 in the next year. This suggests a possible upside of 16.3% from the stock's current price.
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Euronav's stock was trading at $17.59 at the beginning of 2024. Since then, EURN stock has decreased by 6.2% and is now trading at $16.4950.
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Euronav saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 3,110,000 shares, an increase of 13.9% from the February 29th total of 2,730,000 shares. Based on an average trading volume of 1,590,000 shares, the days-to-cover ratio is presently 2.0 days. Approximately 13.8% of the company's shares are sold short.
View Euronav's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our EURN earnings forecast.

Euronav NV (NYSE:EURN) released its quarterly earnings data on Thursday, February, 1st. The shipping company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.24. The shipping company had revenue of $233.62 million for the quarter, compared to analyst estimates of $266.87 million. Euronav had a trailing twelve-month return on equity of 25.45% and a net margin of 69.69%.

Euronav announced a quarterly dividend on Wednesday, November 29th. Stockholders of record on Wednesday, December 13th will be given a dividend of $0.399 per share on Wednesday, December 20th. This represents a $1.60 annualized dividend and a yield of 9.68%. The ex-dividend date of this dividend is Tuesday, December 12th.
Read our dividend analysis for EURN.

Euronav (NYSE:EURN) pays an annual dividend of $1.60 per share and currently has a dividend yield of 9.86%. EURN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 37.47%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, EURN will have a dividend payout ratio of 81.22% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for EURN.

3 employees have rated Euronav Chief Executive Officer Paddy Rodgers on Glassdoor.com. Paddy Rodgers has an approval rating of 100% among the company's employees. This puts Paddy Rodgers in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Euronav investors own include DHT (DHT), Golar LNG Partners (GMLP), Gran Tierra Energy (GTE), Matinas BioPharma (MTNB), EnLink Midstream (ENLC), Organigram (OGI), Enerplus (ERF), Pennsylvania Real Estate Investment Trust (PEI), ADMA Biologics (ADMA) and New Residential Investment (NRZ).

Euronav (EURN) raised $176 million in an initial public offering (IPO) on Friday, January 23rd 2015. The company issued 13,600,000 shares at $12.94 per share. Deutsche Bank Securities, Citigroup, J.P. Morgan and Morgan Stanley acted as the underwriters for the IPO and DNB Markets, Evercore ISI, SEB, ABN AMRO, Clarkson Capital Markets, KBC Securities, Scotiabank and Howard Weil were co-managers.

Shares of EURN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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