International Seaways, Inc. (INSW)
| Market Cap | 2.06B |
| Revenue (ttm) | 1.01B |
| Net Income (ttm) | 512.76M |
| Shares Out | 49.19M |
| EPS (ttm) | 10.33 |
| PE Ratio | 4.05 |
| Forward PE | 6.46 |
| Dividend | $5.82 (13.90%) |
| Ex-Dividend Date | Sep 11, 2024 |
| Volume | 444,398 |
| Open | 42.15 |
| Previous Close | 41.99 |
| Day's Range | 41.60 - 42.44 |
| 52-Week Range | 41.22 - 65.94 |
| Beta | -0.07 |
| Analysts | Strong Buy |
| Price Target | 60.67 (+44.9%) |
| Earnings Date | Nov 7, 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]
Financial Performance
In 2023, International Seaways's revenue was $1.07 billion, an increase of 23.95% compared to the previous year's $864.67 million. Earnings were $556.04 million, an increase of 43.53%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for INSW stock is "Strong Buy." The 12-month stock price forecast is $60.67, which is an increase of 44.90% from the latest price.
News
International Seaways: Investing In Tankers Made Easy
In the third quarter of 2024, INSW delivered adequate results. INSW realized a net income of $91.6 million and a basic EPS of $1.85. The best thing is that INSW does not have debt maturities before 20...
International Seaways, Inc. (INSW) Q3 2024 Earnings Call Transcript
International Seaways, Inc. (NYSE:INSW) Q3 2024 Earnings Conference Call November 7, 2024 9:00 AM ET Company Participants James Small - General Counsel, Senior Vice President, Secretary and Chief Adm...
International Seaways Reports Third 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...
International Seaways to Announce Third Quarter 2024 Results on November 7, 2024
NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release third quarter 2024 results before market open on Thursday, Novemb...
68 Graham All Star Value Stocks Show 55 In September Fit To Buy
The Value Score identifies large-cap stocks offering high value relative to their price, focusing on profits, cash flows, assets, and sales. The Ben Graham Formula targets ultra-stable stocks with str...
International Seaways: The Closest Way To Buy Tanker ETF And Collect Double-Digit Yields
Owning an International Seaways share exposes us to the broad tanker market. It is like investing in a tanker ETF and getting paid handsomely. Financially, INSW is in an excellent position. Operating ...
Tanker Markets And Why International Seaways Is Almost As Cheap As It's Ever Been
International Seaways' tanker market outlook is positive, driven by strategic fleet management amid global oil demand growth and geopolitical concerns. Maintaining a robust balance sheet with below 15...
International Seaways Compounds Returns to Shareholders in the Third Quarter 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 ...
International Seaways: Tanker Market Updates, Seasonal Upside Ahead (Podcast Transcript)
Value Investor's Edge Live returns with our latest episode focused on the oil and product tanker shipping sectors. INSW's management discusses market dynamics, catalysts, and capital allocation, highl...
International Seaways Q2 2024 Earnings: Seasonality At Play, Mixed Outlook Ahead
2Q24 earnings showed mixed results with a decline in spot earnings and fewer operating days, but INSW generated more free cash flow due to term loan conversion. The VLCC market is under pressure becau...
69 All Star And Graham Value Stocks; 49 Fit To Buy In August
Large Cap Value ranking by YCharts focuses on intrinsic firm value of large cap stocks. The Ben Graham Formula strategy selects stable stocks based on earnings, dividends, and valuation based on Graha...
International Seaways Q2 2024 Earnings Review: A Buy Recommendation Amidst Strong Market Conditions
International Seaways stock rose 2.6% in pre-market hours despite EPS missing expectations by $0.14/share. Q2 2024 revenues declined by 13% year-over-year, primarily due to lower vessel spot day rates...
International Seaways Reports Second 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...
International Seaways to Announce Second Quarter 2024 Results on August 7, 2024
NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release second quarter 2024 results before market open on Wednesday, Augu...
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70 All-Star And Graham Value Stocks: 57 Fit To Buy In June
Large Cap Value rankings from YCharts identify stocks with low prices relative to their assets and profits. The Ben Graham Formula strategy selects stable stocks with strong earnings and dividends bas...
International Seaways, Inc. (INSW) Q1 2024 Earnings Call Transcript
International Seaways, Inc. (NYSE:INSW) Q1 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants James Small - General Counsel and Chief Administrative Officer Lois Zabrocky - Pre...
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...
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...
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 ...
International Seaways: One Of The Best-Diversified Tanker Companies; Rating Upgrade
INSW is a bet on the continuation of the tanker cycle's upward move. The company offers exposure to the broad tanker universe, having crude and product tankers. In 2023, INSW scored remarkable results...
International Seaways: Robust Market Fundamentals, Reasonable Valuations
Shipping disruptions caused by the Red Sea Crisis and EU sanctions against Russia have increased ton-mile demand. In addition, oil supply growth is driven by non-OPEC+ producers.
International Seaways, Inc. (INSW) Q4 2023 Earnings Call Transcript
International Seaways, Inc. (INSW) Q4 2023 Earnings Call Transcript
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...