Top-Rated Dividend StocksTop-Rated DividendNYSE:STNG Scorpio Tankers (STNG) Stock Price, News & Analysis → Top Project Outperforms BTC in 2023… (From Crypto 101 Media) (Ad) Free STNG Stock Alerts $70.98 +0.44 (+0.62%) (As of 10:45 AM ET) Add Compare Share Share Today's Range$70.30▼$71.0250-Day Range$64.70▼$73.0552-Week Range$40.34▼$73.67Volume150,381 shsAverage Volume1.27 million shsMarket Capitalization$3.77 billionP/E Ratio7.14Dividend Yield2.25%Price Target$74.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Scorpio Tankers alerts: Email Address Scorpio Tankers MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.83 Rating ScoreUpside/Downside4.4% Upside$74.00 Price TargetShort InterestHealthy3.71% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-7.95Upright™ Environmental ScoreNews Sentiment0.56Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-19.23%From $12.53 to $10.12 Per ShareSee Full Details Hide Full Details 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.3.26 out of 5 starsTransportation Sector58th out of 117 stocksDeep Sea Foreign Transportation Of Freight Industry15th out of 26 stocks 1.4 Analyst's Opinion Consensus RatingScorpio Tankers has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $74.00, Scorpio Tankers has a forecasted upside of 4.4% from its current price of $70.86.Amount of Analyst CoverageScorpio Tankers has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.71% of the float of Scorpio Tankers has been sold short.Short Interest Ratio / Days to CoverScorpio Tankers has a short interest ratio ("days to cover") of 1.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Scorpio Tankers has recently decreased by 27.69%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldScorpio Tankers pays a meaningful dividend of 2.27%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthScorpio Tankers has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Scorpio Tankers is 16.10%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Scorpio Tankers will have a dividend payout ratio of 15.81% next year. This indicates that Scorpio Tankers will be able to sustain or increase its dividend. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreScorpio Tankers has received a -130.12% net impact score from Upright. The largest negative impact of Scorpio Tankers in category "GHG emissions" is driven by its "Ship freight transport services for refined oil" product. See details.Environmental SustainabilityThe Environmental Impact score for Scorpio Tankers is -7.95. Previous Next 3.6 News and Social Media Coverage News SentimentScorpio Tankers has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.44 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Scorpio Tankers this week, compared to 4 articles on an average week.Search Interest16 people have searched for STNG on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.MarketBeat Follows6 people have added Scorpio Tankers to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Scorpio Tankers insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 7.34% of the stock of Scorpio Tankers is held by insiders.Percentage Held by Institutions54.64% of the stock of Scorpio Tankers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Scorpio Tankers are expected to decrease by -19.23% in the coming year, from $12.53 to $10.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Scorpio Tankers is 7.13, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Scorpio Tankers is 7.13, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 15.60.Price to Book Value per Share RatioScorpio Tankers has a P/B Ratio of 1.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Scorpio Tankers Stock (NYSE:STNG)Scorpio Tankers Inc., together with its subsidiaries, engages in the seaborne transportation of refined petroleum products in the shipping markets worldwide. As of March 23, 2023, its fleet consisted of 113 owned, finance leased, or bareboat chartered-in tankers, including 39 LR2, 60 MR, and 14 Handymax with a weighted average age of approximately 7.2 years. The company was incorporated in 2009 and is headquartered in Monaco.Read More STNG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart STNG Stock News HeadlinesMarch 13, 2024 | marketbeat.comThis Freight Stock Just Got an Upgrade and Institutional Buyers (STNG)Shipping and freight quotes are on the rise, futures traders are leading the way to a highly expected earnings cycle for the space. ZIM Integrated is a top pickMarch 25, 2024 | finance.yahoo.comIs Scorpio Tankers Inc.'s (NYSE:STNG) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?March 28, 2024 | Behind the Markets (Ad)Urgent: Protect Your Investments from a Chinese InvasionAn alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.March 24, 2024 | msn.comScorpio Tankers: how world events can shape stock market success!March 22, 2024 | globenewswire.comScorpio Tankers Inc. Announces Availability of 2023 Annual Report on Form 20-FMarch 20, 2024 | msn.comScorpio Tankers Stock (NYSE:STNG): Poised to Benefit from the Shipping SupercycleMarch 20, 2024 | americanbankingnews.comReviewing Scorpio Tankers (NYSE:STNG) & Pyxis Tankers (NASDAQ:PXSAP)March 20, 2024 | globenewswire.comScorpio Tankers Inc. Announces Agreements to Sell Two MR Product TankersMarch 28, 2024 | Behind the Markets (Ad)Urgent: Protect Your Investments from a Chinese InvasionAn alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.March 16, 2024 | ca.finance.yahoo.comSTNG Mar 2024 72.000 callMarch 16, 2024 | finance.yahoo.comSTNG Mar 2024 73.000 putMarch 13, 2024 | finance.yahoo.comSTNG Oct 2024 77.500 callMarch 13, 2024 | finance.yahoo.comSTNG Nov 2024 77.500 callMarch 10, 2024 | finance.yahoo.comSTNG Mar 2024 90.000 callMarch 9, 2024 | finance.yahoo.comSTNG Mar 2024 50.000 putMarch 9, 2024 | finance.yahoo.comSTNG Mar 2024 80.000 callMarch 9, 2024 | finance.yahoo.comScorpio Tankers Inc. (NYSE:STNG) Shares Could Be 29% Below Their Intrinsic Value EstimateMarch 2, 2024 | nasdaq.comApril 12th Options Now Available For Scorpio Tankers (STNG)March 2, 2024 | ca.finance.yahoo.comSTNG Mar 2024 50.000 callFebruary 28, 2024 | finance.yahoo.comSTNG Mar 2024 66.000 putFebruary 27, 2024 | ca.finance.yahoo.comSTNG Jan 2026 30.000 callFebruary 25, 2024 | finance.yahoo.comSTNG Jul 2024 30.000 callFebruary 24, 2024 | msn.comScorpio Tankers (STNG) Price Target Increased by 6.90% to 83.13February 24, 2024 | finance.yahoo.comSTNG Mar 2024 62.000 callFebruary 22, 2024 | globenewswire.comScorpio Tankers Inc. Announces MOU Licensing FOWE Fuel-Saving Devices for Entire FleetFebruary 21, 2024 | finance.yahoo.comScorpio Tankers (NYSE:STNG) Is Paying Out A Larger Dividend Than Last YearFebruary 20, 2024 | seekingalpha.comScorpio Tankers: Still My Favorite Product Tanker StockSee 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. Email Address Company Calendar Last Earnings2/14/2024Ex-Dividend for 3/27 Dividend3/07/2024Dividend Payable3/27/2024Today3/28/2024Next Earnings (Estimated)5/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryOil & Gas Storage & Transportation Current SymbolNYSE:STNG CUSIPY7542C10 CIK1483934 Webwww.scorpiotankers.com Phone(779) 798-5716FaxN/AEmployees24Year FoundedN/APrice Target and Rating Average Stock Price Target$74.00 High Stock Price Target$91.00 Low Stock Price Target$45.00 Potential Upside/Downside+4.9%Consensus RatingModerate Buy Rating Score (0-4)2.83 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$9.94 Trailing P/E Ratio7.09 Forward P/E Ratio5.63 P/E GrowthN/ANet Income$546.90 million Net Margins40.78% Pretax Margin40.78% Return on Equity22.86% Return on Assets13.00% Debt Debt-to-Equity Ratio0.37 Current Ratio1.13 Quick Ratio1.12 Sales & Book Value Annual Sales$1.34 billion Price / Sales2.79 Cash Flow$14.08 per share Price / Cash Flow5.01 Book Value$46.03 per share Price / Book1.53Miscellaneous Outstanding Shares53,110,000Free Float49,210,000Market Cap$3.75 billion OptionableOptionable Beta0.21 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Emanuele A. Lauro (Age 45)Founder, Chairman & CEO Mr. Robert L. Bugbee (Age 64)President & Director Mr. Christopher Avella (Age 44)Chief Financial Officer Mr. Cameron Mackey (Age 56)COO & Director James DoyleHead of Corporate Development & Investor RelationsMs. Sujata Parekh Kumar (Age 65)MD & Director Ms. Auste Vizbaraite (Age 34)Secretary Mr. Lars Dencker NielsenCommercial DirectorMr. David Rodney MorantManaging Director - Scorpio UKMore ExecutivesKey CompetitorsFrontlineNYSE:FROSFLNYSE:SFLTORMNASDAQ:TRMDStar Bulk CarriersNASDAQ:SBLKDHTNYSE:DHTView All CompetitorsInstitutional OwnershipQuadrature Capital LtdBought 12,167 shares on 3/25/2024Ownership: 0.022%Vanguard Group Inc.Bought 19,662 shares on 3/11/2024Ownership: 0.561%Twin Focus Capital Partners LLCBought 84,135 shares on 3/5/2024Ownership: 0.152%Wellington Management Group LLPBought 14,788 shares on 3/5/2024Ownership: 0.027%American International Group Inc.Sold 906 shares on 2/28/2024Ownership: 0.043%View All Institutional Transactions STNG Stock Analysis - 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 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" STNG shares. View STNG analyst ratings or view top-rated stocks. What is Scorpio Tankers' stock price target for 2024? 6 brokerages have issued 12 month target prices for Scorpio Tankers' shares. Their STNG share price targets range from $45.00 to $91.00. On average, they anticipate the company's stock price to reach $74.00 in the next year. This suggests a possible upside of 4.4% from the stock's current price. View analysts price targets for STNG or view top-rated stocks among Wall Street analysts. How have STNG shares performed in 2024? Scorpio Tankers' stock was trading at $60.80 at the beginning of 2024. Since then, STNG shares have increased by 16.5% and is now trading at $70.86. View the best growth stocks for 2024 here. Are investors shorting Scorpio Tankers? Scorpio Tankers saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 1,750,000 shares, a decrease of 27.7% from the February 29th total of 2,420,000 shares. Based on an average daily trading volume, of 1,270,000 shares, the days-to-cover ratio is presently 1.4 days. Approximately 3.7% of the shares of the 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 Tuesday, May 7th 2024. View our STNG earnings forecast. How were Scorpio Tankers' earnings last quarter? Scorpio Tankers Inc. (NYSE:STNG) released its earnings results on Wednesday, February, 14th. The shipping company reported $2.75 earnings per share for the quarter, topping analysts' consensus estimates of $2.62 by $0.13. The shipping company had revenue of $336.30 million for the quarter, compared to the consensus estimate of $335.70 million. Scorpio Tankers had a trailing twelve-month return on equity of 22.86% and a net margin of 40.78%. The company's quarterly revenue was down 31.9% on a year-over-year basis. During the same quarter last year, the business earned $4.24 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 Tuesday, February 13th. Shareholders of record on Friday, March 8th will be paid a dividend of $0.40 per share on Wednesday, March 27th. This represents a $1.60 annualized dividend and a dividend yield of 2.26%. The ex-dividend date is Thursday, March 7th. This is a positive change from the stock's previous quarterly dividend of $0.35. Read our dividend analysis for STNG. Is Scorpio Tankers a good dividend stock? Scorpio Tankers (NYSE:STNG) pays an annual dividend of $1.60 per share and currently has a dividend yield of 2.27%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, STNG will have a dividend payout ratio of 15.81% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for STNG. What ETFs hold Scorpio Tankers' stock? ETFs with the largest weight of Scorpio Tankers (NYSE:STNG) stock in their portfolio include SonicShares Global Shipping ETF (BOAT), Invesco Oil & Gas Services ETF (PXJ) and U.S. Global Sea to Sky Cargo ETF (SEA).Alpha Architect U.S. Quantitative Value ETF (QVAL). When did Scorpio Tankers' stock split? 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 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). Who are Scorpio Tankers' major shareholders? Scorpio Tankers' stock is owned by a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.78%), International Assets Investment Management LLC (1.75%), LSV Asset Management (1.52%), Pale Fire Capital SE (1.12%), Norges Bank (1.01%) and Citadel Advisors LLC (0.00%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:STNG) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the MarketsSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Scorpio Tankers Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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