International Seaways, Inc. (INSW)

NYSE: INSW · IEX Real-Time Price · USD
63.31
-0.19 (-0.30%)
May 17, 2024, 4:00 PM EDT - Market closed
-0.30%
Market Cap 3.12B
Revenue (ttm) 1.06B
Net Income (ttm) 528.30M
Shares Out 49.37M
EPS (ttm) 10.69
PE Ratio 5.92
Forward PE 6.53
Dividend $5.74 (9.07%)
Ex-Dividend Date Jun 12, 2024
Volume 199,863
Open 63.61
Previous Close 63.50
Day's Range 62.51 - 63.61
52-Week Range 34.77 - 63.80
Beta -0.05
Analysts Strong Buy
Price Target 63.25 (-0.09%)
Earnings Date May 8, 2024

About 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.... [Read more]

Sector Energy
CEO Ms. Lois K. Zabrocky
Employees 2,698
Stock Exchange NYSE
Ticker Symbol INSW
Full Company Profile

Financial Performance

In 2023, INSW's revenue was $1.07 billion, an increase of 23.95% compared to the previous year's $864.67 million. Earnings were $556.45 million, an increase of 43.45%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for INSW stock is "Strong Buy." The 12-month stock price forecast is $63.25, which is a decrease of -0.09% from the latest price.

Price Target
$63.25
(-0.09% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

International Seaways Reports First Quarter 2024 Results

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company,” “Seaways,” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for cr...

10 days ago - Business Wire

International Seaways to Announce First Quarter 2024 Results on May 8, 2024

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release first quarter 2024 results before market open on Wednesday, May 8...

24 days ago - Business Wire

International Seaways, Inc. Announces Nomination of New Independent Directors

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (“the Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and ...

4 weeks ago - Business Wire

International Seaways Reports Fourth Quarter and Full Year 2023 Results

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company”, “Seaways”, or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for cr...

2 months ago - Business Wire

International Seaways to Announce Fourth Quarter and Full Year 2023 Results on February 29, 2024

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release fourth quarter and full year 2023 results before market open on T...

3 months ago - Business Wire

International Seaways, Inc. to Present at Capital Link's Company Presentation Series

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and ...

4 months ago - Business Wire

International Seaways Reports Third Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company”, “Seaways”, or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for cr...

6 months ago - Business Wire

International Seaways to Announce Third Quarter 2023 Results on November 7, 2023

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release third quarter 2023 results before market open on Tuesday, Novembe...

7 months ago - Business Wire

International Seaways Reports Second Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and ...

10 months ago - Business Wire

International Seaways to Announce Second Quarter 2023 Results on August 9, 2023

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release second quarter 2023 results before market open on Wednesday, Augu...

10 months ago - Business Wire

5 Special Situation Stocks for Growth & Income

Special situation stocks create event-driven opportunities for investors. Here are five that are worth a closer look.

Other symbols: CVSLWPWRWBA
11 months ago - Kiplinger

International Seaways Announces Preliminary Results of 2023 Annual Meeting of Stockholders

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and ...

1 year ago - Business Wire

International Seaways Responds to Seatankers Group

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and ...

1 year ago - Business Wire

International Seaways Reports First Quarter 2023 Results

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and ...

1 year ago - Business Wire

International Seaways to Announce First Quarter 2023 Results on May 5, 2023

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release first quarter 2023 results before market open on Friday, May 5, 2...

1 year ago - Business Wire

International Seaways Reports Fourth Quarter and Full Year 2022 Results

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and ...

1 year ago - Business Wire

International Seaways to Announce Fourth Quarter and Full Year 2022 Results on February 28, 2023

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release fourth quarter and full year 2022 results before market open on T...

1 year ago - Business Wire

International Seaways to Participate in Capital Link's Company Presentation Series

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil an...

1 year ago - Business Wire

Shipping stocks in the crosshairs as China fears mount

What's bad for China is bad for ocean shipping stocks. China is pivotal to tanker and dry bulk demand, as well as to containerized cargo flows.

Other symbols: ASCEURNFRONATSTNG
1 year ago - FreightWaves

International Seaways Reports Third Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and ...

1 year ago - Business Wire

International Seaways to Announce Third Quarter 2022 Results on November 8, 2022

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release third quarter 2022 results before market open on Tuesday, Novembe...

1 year ago - Business Wire

International Seaways working with Famatown investor on 'delivering value' to shareholders

International Seaways Inc. INSW, -2.17% said Friday it remains "focused on delivering value to our shareholders" after Cyprus-based Famatown Finance Ltd, acting on behalf of John Fredriksen and Seatan...

1 year ago - Market Watch

International Seaways Issues Statement in Response to Famatown

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and ...

1 year ago - Business Wire

International Seaways Continues Returning Cash to Shareholders With Repurchase of Shares

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and ...

1 year ago - Business Wire

International Seaways Reports Second Quarter 2022 Results

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”), one of the largest tanker companies worldwide providing energy transportation services for crude oil and ...

1 year ago - Business Wire