International Seaways (INSW) Stock Price, News & Analysis

Company Overview

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. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York.

Key Stats

• Today's Range: $40.92 to $41.75
• 50-Day Range: $41.25 to $54.29
• 52-Week Range: $40.92 to $65.94
• Volume: 61,632 shs
• Average Volume: 576,310 shs
• Market Capitalization: $2.03 billion
• P/E Ratio: 3.99
• Dividend Yield: 1.16%
• Price Target: $60.67
• Consensus Rating: Buy

International Seaways Stock Analysis - MarketRank™

International Seaways scored higher than 87% of companies evaluated by MarketBeat, and ranked 32nd out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

International Seaways has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

International Seaways has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -10.73%

Earnings Growth

Earnings for International Seaways are expected to decrease by -10.73% in the coming year, from $7.92 to $7.07 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of International Seaways is 4.05, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of International Seaways is 4.05, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 15.99.

Price to Book Value per Share Ratio

International Seaways has a P/B Ratio of 1.10. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.44% of the outstanding shares of International Seaways have been sold short.

Short Interest Ratio / Days to Cover

International Seaways has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in International Seaways has recently increased by 18.81%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

International Seaways pays a meaningful dividend of 1.14%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

International Seaways does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of International Seaways is 4.64%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, International Seaways will have a dividend payout ratio of 6.79% next year. This indicates that International Seaways will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -7.93

Percentage of Shares Shorted

2.44% of the outstanding shares of International Seaways have been sold short.

Short Interest Ratio / Days to Cover

International Seaways has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in International Seaways has recently increased by 18.81%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.25

News Sentiment

International Seaways has a news sentiment score of 0.25. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for International Seaways this week, compared to 5 articles on an average week.

Search Interest

19 people have searched for INSW on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.

MarketBeat Follows

3 people have added International Seaways to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, International Seaways insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $723,780.00 in company stock.

Percentage Held by Insiders

Only 1.90% of the stock of International Seaways is held by insiders.

Percentage Held by Institutions

67.29% of the stock of International Seaways is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

INSW Stock Analysis - Frequently Asked Questions

How have INSW shares performed this year?

International Seaways' stock was trading at $45.48 at the beginning of 2024. Since then, INSW stock has decreased by 7.9% and is now trading at $41.87.
View the best growth stocks for 2024 here.

How were International Seaways' earnings last quarter?

International Seaways, Inc. (NYSE:INSW) posted its earnings results on Thursday, November, 7th. The transportation company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.42 by $0.15. The company's revenue was down 6.8% on a year-over-year basis.

Who are International Seaways' major shareholders?

International Seaways' top institutional shareholders include State Street Corp (1.95%), Geode Capital Management LLC (1.92%), FMR LLC (1.22%) and Charles Schwab Investment Management Inc. (0.87%). Insiders that own company stock include Finance Ltd Famatown, Lois K Zabrocky, Craig H Stevenson Jr, James D Small III, William F Nugent, Derek G Solon, Jeffrey Pribor, David I Greenberg, Randee E Day, Douglas D Wheat, Alexandra Kate Blankenship, Ian T Blackley, Joseph Isaac Kronsberg and Adewale Oshodi.
View institutional ownership trends.

How do I buy shares of International Seaways?

Shares of INSW 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.

What other stocks do shareholders of International Seaways own?

Based on aggregate information from My MarketBeat watchlists, some other companies that International Seaways investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), ServiceNow (NOW) and e.l.f. Beauty (ELF).

Company Calendar

• Ex-Dividend for 9/25 Dividend: 9/11/2024
• Dividend Payable: 9/25/2024
• Last Earnings: 11/07/2024
• Today: 11/21/2024
• Ex-Dividend for 12/27 Dividend: 12/13/2024
• Dividend Payable: 12/27/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Water transportation
• Sub-Industry: Transportation
• Current Symbol: NYSE:INSW
• CUSIP: N/A
• CIK: 1679049
• Web: www.internationalseaways.com
• Phone: (212) 578-1600
• Fax: 212-578-1832
• Employees: 2,698
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $60.67
• High Stock Price Target: $66.00
• Low Stock Price Target: $56.00
• Potential Upside/Downside: +44.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $10.35
• Trailing P/E Ratio: 4.05
• Forward P/E Ratio: 5.29
• P/E Growth: N/A
• Net Income: $556.45 million
• Net Margins: 50.91%
• Pretax Margin: 51.25%
• Return on Equity: 24.65%
• Return on Assets: 17.35%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 3.60
• Quick Ratio: 3.60

Sales & Book Value

• Annual Sales: $1.07 billion
• Price / Sales: 1.92
• Cash Flow: $13.68 per share
• Price / Cash Flow: 3.06
• Book Value: $35.10 per share
• Price / Book: 1.19

Miscellaneous

• Outstanding Shares: 49,190,000
• Free Float: 48,258,000
• Market Cap: $2.06 billion
• Optionable: Optionable
• Beta: -0.06