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International Seaways, Inc. (INSW)

NYSE: INSW · IEX Real-Time Price · USD
17.06 0.43 (2.59%)
Oct 15, 2021 4:00 PM EDT - Market closed
Market Cap842.72M
Revenue (ttm)249.65M
Net Income (ttm)-135.06M
Shares Out28.05M
EPS (ttm)-4.82
PE Ration/a
Forward PE5.17
Dividend$0.24 (1.41%)
Ex-Dividend DateSep 8, 2021
Volume457,558
Open16.98
Previous Close16.63
Day's Range16.89 - 18.30
52-Week Range11.53 - 20.88
Beta0.25
AnalystsBuy
Price Target27.51 (+61.3%)
Est. Earnings DateNov 5, 2021

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 through two segments, Crude Tankers and Product Carriers. As of March 12, 2021, the company owned and operated a fleet of 36 vessels, including 11 very large crude carriers, 2 Suezmaxes, 4 Aframaxes/LR2s, 13 Panamaxes/LR1s, and 4 medium range tankers, as well as had ownership interests in two floating storage and offloading service vessels. It serves independent and s...

IndustryOil, Gas & Consumable Fuels
Employees764
Stock ExchangeNYSE
Ticker SymbolINSW
Full Company Profile

Financial Performance

In 2020, INSW's revenue was $421.65 million, an increase of 15.15% compared to the previous year's $366.18 million. Losses were -$5.53 million, 566.4% more than in 2019.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for INSW stock is "Buy." The 12-month stock price forecast is 27.51, which is an increase of 61.25% from the latest price.

Price Target
$27.51
(61.25% upside)
Analyst Consensus: Buy

News

New Strong Sell Stocks for August 10th

THS, ZYME, NTRA, LAWS, and INSW have been added to the Zacks Rank #5 (Strong Sell) List on August 10, 2021

Other symbols:LAWSNTRATHSZYME
2 months ago - Zacks Investment Research

International Seaways (INSW) Reports Q2 Loss, Misses Revenue Estimates

International Seaways (INSW) delivered earnings and revenue surprises of 13.56% and -1.17%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

International Seaways Q2 Results Misses Estimates

International Seaways Inc (NYSE: INSW) reported second-quarter total shipping revenues of $46.3 million, a decline of 66.7% year-over-year, missing the consensus of $47.44 million. TCE revenue for the q...

2 months ago - Benzinga

Recap: International Seaways Q2 Earnings

Shares of International Seaways (NYSE:INSW) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share decreased 121.34% year over year to ($0.51), which missed the estim...

2 months ago - Benzinga

International Seaways Reports Second Quarter 2021 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...

2 months ago - Business Wire

Analysts Estimate International Seaways (INSW) to Report a Decline in Earnings: What to Look Out for

International Seaways (INSW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

International Seaways to Announce Second Quarter 2021 Results on August 9, 2021

NEW YORK--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) announced today that it plans to release second quarter 2021 results before market open on Monday, August 9,...

2 months ago - Business Wire

International Seaways Completes Merger With Diamond S Shipping

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...

2 months ago - Business Wire

International Seaways to Participate in Future of Shipping Virtual Conference Presented by Maxim Group LLC and Hosted...

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...

3 months ago - Business Wire

International Seaways and Diamond S Shipping Announce Expiration of HSR Waiting Period

NEW YORK & GREENWICH, Conn.--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (“INSW”) and Diamond S Shipping Inc. (NYSE: DSSI) (“Diamond S”) announced today that the required waiting period ha...

4 months ago - Business Wire

International Seaways (INSW) Stock Jumps 9.1%: Will It Continue to Soar?

International Seaways (INSW) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price in...

5 months ago - Zacks Investment Research

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

International Seaways (INSW) delivered earnings and revenue surprises of 11.11% and -4.55%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

International Seaways Reports First Quarter 2021 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...

5 months ago - Business Wire

Which shipping stocks rose the most in wake of COVID pandemic?

The stock market has boomed in the COVID era, driven by fiscal and monetary policy and surging retail-investor interest. Many ocean shipping stocks — with the glaring exception of tanker equities — have...

5 months ago - FreightWaves

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of International Seaways, Inc. - INSW

NEW YORK, April 30, 2021 /PRNewswire/ --  Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class ...

5 months ago - PRNewsWire

International Seaways (INSW) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 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.

5 months ago - Zacks Investment Research

International Seaways to Announce First Quarter 2021 Results on May 6, 2021

NEW YORK--(BUSINESS WIRE)--International Seaways to Announce First Quarter 2021 Results on May 6, 2021

5 months ago - Business Wire

International Seaways (INSW) Surges 5.6%: Is This an Indication of Further Gains?

International Seaways (INSW) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near t...

6 months ago - Zacks Investment Research

Another shipping stock bites the dust as big tanker fleets merge

The same cast of characters has been in tanker circles for years. If their company goes bust, they pop up somewhere else.

6 months ago - FreightWaves

SHAREHOLDER ALERT: WeissLaw LLP Investigates Diamond S Shipping Inc.

NEW YORK, March 31, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Diamond S Shipping Inc. ("Diamond S") ...

6 months ago - PRNewsWire

International Seaways Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Merger of Inter...

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the merger of International Seaways, Inc. (NYSE: INSW) and Diamond S Shipping Inc. is fair to Int...

6 months ago - Business Wire

International Seaways and Diamond S Shipping Announce Merger

NEW YORK & GREENWICH, Conn.--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) and Diamond S Shipping Inc. (NYSE: DSSI) (“Diamond S”), two of the leading tanker compani...

6 months ago - Business Wire

International Seaways (INSW) Reports Q4 Loss, Lags Revenue Estimates

International Seaways (INSW) delivered earnings and revenue surprises of -126.09% and -13.39%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Recap: International Seaways Q4 Earnings

Shares of International Seaways (NYSE:INSW) decreased 0.3% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share fell 139.39% over the past year to ($0.52), w...

7 months ago - Benzinga

International Seaways Reports Fourth Quarter and Full Year 2020 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...

7 months ago - Business Wire