International Seaways, Inc. (INSW)

NYSE: INSW · IEX Real-Time Price · USD
28.50
+0.22 (0.76%)
Aug 12, 2022 12:00 PM EDT - Market open
0.76%
Market Cap 1.42B
Revenue (ttm) 469.17M
Net Income (ttm) -45.31M
Shares Out 49.70M
EPS (ttm) -3.04
PE Ratio n/a
Forward PE 6.40
Dividend $0.30 (1.05%)
Ex-Dividend Date Sep 13, 2022
Volume 326,578
Open 28.33
Previous Close 28.28
Day's Range 28.06 - 28.61
52-Week Range 13.05 - 28.78
Beta 0.13
Analysts Buy
Price Target 32.64 (+14.5%)
Earnings Date Aug 9, 2022

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, 2021, the company owned and operated a fleet of 83 vessels, which include 12 chartered-in vessels, as well as had ownership interests in two floating storage and offloading service vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international gove... [Read more...]

Industry Oil, Gas & Consumable Fuels
Employees 2,061
Stock Exchange NYSE
Ticker Symbol INSW
Full Company Profile

Financial Performance

In 2021, INSW's revenue was $272.55 million, a decrease of -35.36% compared to the previous year's $421.65 million. Losses were -$133.49 million, 2,313.5% more than in 2020.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for INSW stock is "Buy." The 12-month stock price forecast is 32.64, which is an increase of 14.55% from the latest price.

Price Target
$32.64
(14.55% upside)
Analyst Consensus: Buy
Stock Forecasts

News

International Seaways (INSW) Q2 Earnings and Revenues Top Estimates

International Seaways (INSW) delivered earnings and revenue surprises of 17.21% and 6.64%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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 pe...

How Much Upside is Left in International Seaways (INSW)? Wall Street Analysts Think 26%

The consensus price target hints at a 25.9% upside potential for International Seaways (INSW). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnin...

Here's Why "Trend" Investors Would Love Betting on International Seaways (INSW)

If you are looking for stocks that are well positioned to maintain their recent uptrend, International Seaways (INSW) could be a great choice. It is one of the several stocks that passed through our "Re...

International Seaways (INSW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

International Seaways (INSW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

International Seaways to Announce Second Quarter 2022 Results on August 9, 2022

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release second quarter 2022 results before market open on Tuesday, August 9...

Will International Seaways (INSW) Gain on Rising Earnings Estimates?

International Seaways (INSW) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can International Seaways (INSW) Climb 40% to Reach the Level Wall Street Analysts Expect?

The consensus price target hints at a 39.9% upside potential for International Seaways (INSW). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnin...

Down 26.2% in 4 Weeks, Here's Why International Seaways (INSW) Looks Ripe for a Turnaround

International Seaways (INSW) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings...

International Seaways Monetizes FSO Joint Venture With Sale to Euronav and Increases Quarterly Cash Dividend

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 pe...

International Seaways Announces Refinancing and Closing of New Senior Secured Sustainability-Linked Credit Facility

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 pe...

Gimme shelter: Shipping stocks still rising amid Wall Street storm

The Nasdaq composite is down 29% since the beginning of the year, the S&P 500 17%, the Dow 12%. And then there's commodity shipping.

International Seaways Reiterates Commitment to Delivering Shareholder Value

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 pet...

Shipping stocks take another beating, sinking by double digits

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil de...

International Seaways Adopts Limited Duration Stockholder Rights Plan

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 pet...

5 Stocks With Recent Price Strength to Boost Your Portfolio

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are CEIX, AMR, INSW, CSL and AIT.

Other symbols: AITAMRCEIXCSL

Best Momentum Stocks to Buy for May 5th

INSW, CVX, and EXLS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 5, 2022.

Other symbols: CVXEXLS

Are You Looking for a Top Momentum Pick? Why International Seaways (INSW) is a Great Choice

Does International Seaways (INSW) have what it takes to be a top stock pick for momentum investors? Let's find out.

International Seaways (INSW) Reports Q1 Loss, Tops Revenue Estimates

International Seaways (INSW) delivered earnings and revenue surprises of 24.32% and 8.08%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

International Seaways Reports First 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 pe...

Can International Seaways (INSW) Climb 39% to Reach the Level Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 38.6% in International Seaways (INSW). While the effectiveness of this highly sought-after metric is questionable...

International Seaways (INSW) Is a Great Choice for "Trend" Investors, Here's Why

International Seaways (INSW) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it ...

International Seaways (INSW) Soars 8.6%: Is Further Upside Left in the Stock?

International Seaways (INSW) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the ne...

International Seaways to Announce First Quarter 2022 Results on May 4, 2022

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release first quarter 2022 results before market open on Wednesday, May 4, ...

Tanker shares jump as war rages; other shipping shares mixed

One of the axioms of shipping is that war can boost freight rates and share prices, particularly for tankers. Since Russia invaded Ukraine last week, tanker shares have indeed outperformed, but upside i...

Other symbols: NATTNKDHTEURNFROSTNG