NYSE:EURN

Euronav (EURN) Stock Price, News & Analysis

$20.70
-0.04 (-0.19%)
(As of 05/17/2024 ET)
Today's Range
$20.46
$20.86
50-Day Range
$14.70
$20.73
52-Week Range
$14.10
$20.86
Volume
310,034 shs
Average Volume
271,601 shs
Market Capitalization
$4.17 billion
P/E Ratio
3.53
Dividend Yield
3.62%
Price Target
$19.18

Euronav MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
7.4% Downside
$19.18 Price Target
Short Interest
Healthy
14.57% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.64mentions of Euronav in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-14.37%
From $1.74 to $1.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.57 out of 5 stars

Transportation Sector

81st out of 116 stocks

Deep Sea Foreign Transportation Of Freight Industry

22nd out of 28 stocks

EURN stock logo

About Euronav Stock (NYSE:EURN)

Euronav NV, together with its subsidiaries, engages in the transportation and storage of crude oil worldwide. The company offers floating, storage, and offloading (FSO) services. It also owns and operates a fleet of vessels. The company was incorporated in 2003 and is headquartered in Antwerp, Belgium. As of March 15, 2024, Euronav NV operates as subsidiary of CMB NV.

EURN Stock Price History

EURN Stock News Headlines

Euronav Stock (NYSE:EURN), Short Interest Report
Ardmore Shipping: A Relatively Cheap Yield Play
EURN Aug 2024 15.000 call
EURN Aug 2024 17.500 put
EURN Aug 2024 30.000 put
EURN Aug 2024 17.500 call
EURN Mar 2024 35.000 put
20 Most Valuable Belgian Companies in 2024
EURN Mar 2024 30.000 call
11 Stocks Michael Burry Was Buying and Selling in Q4
Deutsche Bank gets more bearish on Euronav NV, downgrades shares
See More Headlines
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Company Calendar

Last Earnings
11/04/2021
Today
5/19/2024
Ex-Dividend for 5/31 Dividend
5/22/2024
Dividend Payable
5/31/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
3,216
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$19.18
High Stock Price Target
$21.70
Low Stock Price Target
$17.86
Potential Upside/Downside
-7.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
6 Analysts

Profitability

Net Income
$858.03 million
Pretax Margin
52.98%

Debt

Sales & Book Value

Annual Sales
$1.14 billion
Cash Flow
$2.06 per share
Book Value
$10.78 per share

Miscellaneous

Free Float
N/A
Market Cap
$4.17 billion
Optionable
Optionable
Beta
0.04
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Key Executives

  • Mr. Hugo De Stoop (Age 51)
    Senior Advisor
    Comp: $1.38M
  • Mr. Alexander Saverys (Age 46)
    CEO & Member of Management Board
  • Mr. Ludovic Saverys (Age 40)
    CFO & Member of Management Board
    Comp: $52.68k
  • Mr. Michael Saverys (Age 42)
    Chief Chartering Officer & Member of Management Board
  • Mr. Maxime Van Eecke (Age 43)
    Chief Commercial Officer & Member of Management Board
  • Mr. Benoit Louis Marcel Timmermans (Age 63)
    Chief Strategy Officer & Member of Management Board
  • Ms. Veronique Raes
    Chief People Officer
  • Mr. Rustin Edwards
    Head of Fuel Oil procurement
  • Ms. Sofie Lemlijn (Age 38)
    Senior Legal Counsel & Secretary General

EURN Stock Analysis - Frequently Asked Questions

Should I buy or sell Euronav stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Euronav in the last twelve months. There are currently 6 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" EURN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EURN, but not buy additional shares or sell existing shares.
View EURN analyst ratings
or view top-rated stocks.

What is Euronav's stock price target for 2024?

6 brokerages have issued twelve-month target prices for Euronav's shares. Their EURN share price targets range from $17.86 to $21.70. On average, they expect the company's stock price to reach $19.18 in the next year. This suggests that the stock has a possible downside of 7.4%.
View analysts price targets for EURN
or view top-rated stocks among Wall Street analysts.

How have EURN shares performed in 2024?

Euronav's stock was trading at $17.59 at the start of the year. Since then, EURN stock has increased by 17.7% and is now trading at $20.70.
View the best growth stocks for 2024 here
.

Are investors shorting Euronav?

Euronav saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 2,200,000 shares, a decrease of 6.4% from the April 15th total of 2,350,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the days-to-cover ratio is currently 1.9 days. Approximately 14.6% of the company's shares are short sold.
View Euronav's Short Interest
.

When is Euronav's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our EURN earnings forecast
.

How were Euronav's earnings last quarter?

Euronav NV (NYSE:EURN) released its quarterly earnings results on Thursday, November, 4th. The shipping company reported ($0.53) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.56) by $0.03. The shipping company had revenue of $66.32 million for the quarter, compared to analysts' expectations of $65.05 million. Euronav had a trailing twelve-month return on equity of 23.36% and a net margin of 103.93%. During the same period last year, the firm earned $0.22 earnings per share.

How often does Euronav pay dividends? What is the dividend yield for Euronav?

Euronav declared a quarterly dividend on Thursday, April 4th. Investors of record on Thursday, May 23rd will be paid a dividend of $4.57 per share on Friday, May 31st. This represents a $18.28 annualized dividend and a dividend yield of 88.31%. The ex-dividend date of this dividend is Wednesday, May 22nd. This is an increase from the stock's previous quarterly dividend of $0.40.
Read our dividend analysis for EURN
.

Is Euronav a good dividend stock?

Euronav (NYSE:EURN) pays an annual dividend of $0.75 per share and currently has a dividend yield of 7.16%. EURN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 12.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EURN will have a dividend payout ratio of 50.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EURN.

What is Paddy Rodgers' approval rating as Euronav's CEO?

3 employees have rated Euronav Chief Executive Officer Paddy Rodgers on Glassdoor.com. Paddy Rodgers has an approval rating of 100% among the company's employees. This puts Paddy Rodgers in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Euronav own?
When did Euronav IPO?

Euronav (EURN) raised $176 million in an initial public offering (IPO) on Friday, January 23rd 2015. The company issued 13,600,000 shares at a price of $12.94 per share. Deutsche Bank Securities, Citigroup, J.P. Morgan and Morgan Stanley served as the underwriters for the IPO and DNB Markets, Evercore ISI, SEB, ABN AMRO, Clarkson Capital Markets, KBC Securities, Scotiabank and Howard Weil were co-managers.

Who are Euronav's major shareholders?

Euronav's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (0.46%), Black Maple Capital Management LP (0.00%), BNP Paribas Financial Markets (0.00%), GABELLI & Co INVESTMENT ADVISERS INC. (0.02%), Quantbot Technologies LP (0.00%) and Mesirow Financial Investment Management Inc. (0.00%).

How do I buy shares of Euronav?

Shares of EURN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:EURN) was last updated on 5/19/2024 by MarketBeat.com Staff

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