NYSE:INSW

International Seaways (INSW) Stock Price, News & Analysis

$55.13
+0.55 (+1.01%)
(As of 05:27 PM ET)
Today's Range
$53.80
$55.23
50-Day Range
$51.14
$55.11
52-Week Range
$34.77
$55.59
Volume
443,184 shs
Average Volume
531,326 shs
Market Capitalization
$2.70 billion
P/E Ratio
4.90
Dividend Yield
0.87%
Price Target
$59.75

International Seaways MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
9.4% Upside
$59.75 Price Target
Short Interest
Healthy
2.25% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-7.93
Upright™ Environmental Score
News Sentiment
0.78mentions of International Seaways in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$3.07 M Sold Last Quarter
Proj. Earnings Growth
-13.69%
From $9.42 to $8.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.74 out of 5 stars

Transportation Sector

78th out of 115 stocks

Water Transportation Industry

9th out of 17 stocks

INSW stock logo

About International Seaways Stock (NYSE:INSW)

International Seaways, Inc. owns and operates a fleet of oceangoing vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments: Crude Tankers and Product Carriers. As of December 31, 2023, the company owned a fleet of 73 vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. The company was formerly known as OSG International, Inc. and changed its name to International Seaways, Inc. in October 2016. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York.

INSW Stock Price History

INSW Stock News Headlines

International Seaways Inc
Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
Protect Yourself While There’s Still Time …
The next step of the Fed's control is here. Section 702 of the Foreign Intelligence Surveillance Act was renewed for two more years and passed into law earlier this week. Allowing the Fed to tighten its grip on your personal privacy and freedom.
Q4 2023 International Seaways Inc Earnings Call
International Seaways Q4 Profit Decreases, but beats estimates
See More Headlines
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Company Calendar

Last Earnings
2/29/2024
Ex-Dividend for 3/28 Dividend
3/13/2024
Dividend Payable
3/28/2024
Today
4/26/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
N/A
Employees
2,698
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$59.75
High Stock Price Target
$66.00
Low Stock Price Target
$54.00
Potential Upside/Downside
+10.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$556.45 million
Pretax Margin
52.28%

Debt

Sales & Book Value

Annual Sales
$1.07 billion
Cash Flow
$13.68 per share
Book Value
$35.10 per share

Miscellaneous

Free Float
47,952,000
Market Cap
$2.66 billion
Optionable
Optionable
Beta
-0.05
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INSW Stock Analysis - Frequently Asked Questions

Should I buy or sell International Seaways stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Seaways in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" INSW shares.
View INSW analyst ratings
or view top-rated stocks.

What is International Seaways' stock price target for 2024?

3 brokers have issued 1-year price targets for International Seaways' shares. Their INSW share price targets range from $54.00 to $66.00. On average, they predict the company's stock price to reach $59.75 in the next year. This suggests a possible upside of 9.4% from the stock's current price.
View analysts price targets for INSW
or view top-rated stocks among Wall Street analysts.

How have INSW shares performed in 2024?

International Seaways' stock was trading at $45.48 at the start of the year. Since then, INSW stock has increased by 20.1% and is now trading at $54.62.
View the best growth stocks for 2024 here
.

Are investors shorting International Seaways?

International Seaways saw a increase in short interest in April. As of April 15th, there was short interest totaling 1,100,000 shares, an increase of 35.5% from the March 31st total of 812,000 shares. Based on an average daily volume of 536,800 shares, the days-to-cover ratio is currently 2.0 days.
View International Seaways' Short Interest
.

When is International Seaways' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our INSW earnings forecast
.

How can I listen to International Seaways' earnings call?

International Seaways will be holding an earnings conference call on Wednesday, May 8th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "349121".

How were International Seaways' earnings last quarter?

International Seaways, Inc. (NYSE:INSW) released its earnings results on Thursday, February, 29th. The transportation company reported $2.18 earnings per share for the quarter, beating the consensus estimate of $2.08 by $0.10. The transportation company had revenue of $250.73 million for the quarter, compared to analyst estimates of $239.36 million. International Seaways had a net margin of 51.92% and a trailing twelve-month return on equity of 32.03%.

How often does International Seaways pay dividends? What is the dividend yield for International Seaways?

International Seaways declared a quarterly dividend on Wednesday, February 28th. Stockholders of record on Thursday, March 14th will be given a dividend of $1.20 per share on Thursday, March 28th. This represents a $4.80 annualized dividend and a yield of 8.79%. The ex-dividend date is Wednesday, March 13th.
Read our dividend analysis for INSW
.

Is International Seaways a good dividend stock?

International Seaways (NYSE:INSW) pays an annual dividend of $0.48 per share and currently has a dividend yield of 0.90%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 4.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, INSW will have a dividend payout ratio of 5.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for INSW.

What other stocks do shareholders of International Seaways own?

Based on aggregate information from My MarketBeat watchlists, some companies that other International Seaways investors own include Scorpio Tankers (STNG), Euronav (EURN), Teekay Tankers (TNK), Gilead Sciences (GILD), Nordic American Tankers (NAT), Enterprise Products Partners (EPD), Ford Motor (F), Frontline (FRO), Capital Product Partners (CPLP) and Enbridge (ENB).

Who are International Seaways' major shareholders?

International Seaways' stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.04%), PFG Investments LLC (0.02%), DMC Group LLC (0.01%), Baker Ellis Asset Management LLC (0.01%), Los Angeles Capital Management LLC (0.01%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Alexandra Kate Blankenship, Craig H Stevenson Jr, David I Greenberg, Derek G Solon, Douglas D Wheat, Finance Ltd Famatown, Ian T Blackley, James D Small III, Jeffrey Pribor, Lois K Zabrocky, Randee E Day and William F Nugent.
View institutional ownership trends
.

How do I buy shares of International Seaways?

Shares of INSW 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.
Compare Top Brokerages Here.

This page (NYSE:INSW) was last updated on 4/26/2024 by MarketBeat.com Staff

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