Zacks Research upgraded shares of International Seaways (NYSE:INSW – Free Report) from a hold rating to a strong-buy rating in a research report released on Monday morning,Zacks.com reports.
INSW has been the subject of a number of other research reports. Wall Street Zen cut shares of International Seaways from a “buy” rating to a “hold” rating in a research report on Saturday, February 7th. Pareto Securities raised shares of International Seaways from a “hold” rating to a “buy” rating and set a $64.00 price objective for the company in a report on Tuesday, January 20th. Weiss Ratings reissued a “hold (c+)” rating on shares of International Seaways in a report on Thursday, January 22nd. BTIG Research increased their price target on International Seaways from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Finally, Benchmark reiterated a “buy” rating on shares of International Seaways in a research report on Thursday, February 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, International Seaways currently has a consensus rating of “Buy” and a consensus target price of $64.00.
View Our Latest Report on International Seaways
International Seaways Price Performance
International Seaways (NYSE:INSW – Get Free Report) last announced its earnings results on Thursday, February 26th. The transportation company reported $2.45 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.70. International Seaways had a return on equity of 13.92% and a net margin of 36.67%.The company had revenue of $267.88 million during the quarter, compared to the consensus estimate of $245.29 million. During the same period last year, the firm earned $0.90 earnings per share. The company’s revenue was up 37.7% on a year-over-year basis. As a group, analysts predict that International Seaways will post 7.77 EPS for the current year.
International Seaways Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 20th will be issued a $0.12 dividend. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, March 20th. International Seaways’s dividend payout ratio is 7.70%.
Insider Activity at International Seaways
In other International Seaways news, Director Alexandra Kate Blankenship sold 4,000 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $75.69, for a total transaction of $302,760.00. Following the completion of the sale, the director directly owned 15,213 shares in the company, valued at approximately $1,151,471.97. The trade was a 20.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jeffrey Pribor sold 1,000 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $63.29, for a total transaction of $63,290.00. Following the completion of the sale, the chief financial officer owned 83,463 shares of the company’s stock, valued at $5,282,373.27. This trade represents a 1.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 28,583 shares of company stock valued at $1,986,138 in the last 90 days. 2.00% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On International Seaways
Institutional investors have recently modified their holdings of the company. Amundi purchased a new position in International Seaways in the 4th quarter valued at approximately $13,663,000. Donald Smith & CO. Inc. grew its holdings in International Seaways by 43.9% in the second quarter. Donald Smith & CO. Inc. now owns 709,036 shares of the transportation company’s stock valued at $25,866,000 after purchasing an additional 216,325 shares during the last quarter. Pacer Advisors Inc. increased its position in shares of International Seaways by 4,255.3% in the third quarter. Pacer Advisors Inc. now owns 197,380 shares of the transportation company’s stock valued at $9,095,000 after buying an additional 192,848 shares in the last quarter. American Century Companies Inc. raised its stake in shares of International Seaways by 9.4% during the 2nd quarter. American Century Companies Inc. now owns 1,855,110 shares of the transportation company’s stock worth $67,674,000 after buying an additional 159,125 shares during the last quarter. Finally, Tudor Investment Corp ET AL purchased a new stake in shares of International Seaways in the 4th quarter worth about $7,087,000. 67.29% of the stock is owned by institutional investors and hedge funds.
International Seaways News Roundup
Here are the key news stories impacting International Seaways this week:
- Positive Sentiment: Zacks Research upgraded INSW to a “Strong Buy” and added it to its Zacks Rank #1 list, supporting bullish analyst momentum and potentially attracting buyers. Zacks upgrade
- Positive Sentiment: A Zacks article highlights that INSW passed a “Recent Price Strength” screen, suggesting the recent uptrend could be sustainable and may draw momentum-focused investors. Zacks momentum note
- Positive Sentiment: A Seeking Alpha piece argues INSW has risk-mitigation levers and upside: Q4 2025 revenue jumped ~37.6% YoY to $267.9M, operating margins expanded, and the firm’s fleet/contract mix could capture higher rates if market conditions tighten. That fundamental case underpins the analyst optimism. Seeking Alpha analysis
- Negative Sentiment: Director Alexandra Kate Blankenship sold 4,000 shares (~20.8% reduction of her position), which can be read as a near-term negative signal for investor sentiment. Blankenship Form 4
- Negative Sentiment: SVP Derek G. Solon sold 6,000 shares (a ~10.5% cut in his holdings), another insider disposition that may increase short-term selling pressure or raise questions for some investors. Solon Form 4
- Negative Sentiment: SVP William F. Nugent sold 9,583 shares (about a 15.4% reduction), adding to the cluster of insider sales announced the same day and potentially offsetting some of the positive analyst-driven momentum. Nugent Form 4
About International Seaways
International Seaways, Inc (NYSE: INSW) is an independent tanker company that provides seaborne transportation services to oil companies, commodity traders and national oil companies. The firm’s operations focus on the carriage of crude oil and refined petroleum products, offering both time charter and voyage charter arrangements. With a modern fleet of very large crude carriers (VLCCs), Suezmax and Aframax tankers, as well as medium range (MR) and Handy product tankers, International Seaways supports global energy supply chains across major trade routes.
Founded in 1997 as Diamond S Shipping, the company completed its initial public offering in the late 1990s and rebranded to International Seaways in September 2018.
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