International Seaways, Inc. (INSW)

Market Cap	1.89B
Revenue (ttm)	1.01B
Net Income (ttm)	512.76M
Shares Out	49.19M
EPS (ttm)	10.33
PE Ratio	3.72
Forward PE	5.66
Dividend	$5.77 (15.01%)
Ex-Dividend Date	Dec 13, 2024

Volume	743,357
Open	38.53
Previous Close	39.37
Day's Range	38.13 - 39.28
52-Week Range	32.11 - 65.94
Beta	-0.10
Analysts	Strong Buy
Price Target	60.67 (+57.79%)
Earnings Date	Feb 27, 2025

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....

• Industry: Oil & Gas Midstream
• Sector: Energy
• Founded: 1999
• Employees: 2,698
• Stock Exchange: NYSE
• Ticker Symbol: INSW
• Website: https://intlseas.com

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%.

Analyst 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 57.79% from the latest price.

Price Target

$60.67

(57.79% upside)

Analyst Consensus: Strong Buy