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NYSE:OSG

Overseas Shipholding Group (OSG) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$8.49
$8.49
50-Day Range
$8.45
$8.50
52-Week Range
$3.95
$8.50
Volume
N/A
Average Volume
783,235 shs
Market Capitalization
$611.54 million
P/E Ratio
10.35
Dividend Yield
2.83%
Price Target
N/A
OSG stock logo

About Overseas Shipholding Group Stock (NYSE:OSG)

Overseas Shipholding Group, Inc., together with its subsidiaries, owns and operates a fleet of oceangoing vessels in the United States. Its vessels are engaged in the transportation of crude oil, petroleum, and renewable transportation fuels in the United States flag trade. As of December 31, 2023, the company owned or operated a fleet of 21 vessels totaling an aggregate of approximately 1.5 million deadweight tons. It serves independent oil traders, refinery operators, and the United States and international government entities. Overseas Shipholding Group, Inc. was founded in 1948 and is headquartered in Tampa, Florida.

OSG Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The 7 Best Penny Stocks to Buy in June 2024
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
Why Overseas Shipholding Shares Are Rocketing Premarket Monday
See More Headlines
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Company Calendar

Last Earnings
5/10/2024
Today
9/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Employees
950
Year Founded
1948

Profitability

Net Income
$62.45 million
Pretax Margin
16.43%

Debt

Sales & Book Value

Annual Sales
$455.58 million
Cash Flow
$1.81 per share
Book Value
$4.89 per share

Miscellaneous

Free Float
65,339,000
Market Cap
$611.54 million
Optionable
Optionable
Beta
0.31

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OSG Stock Analysis - Frequently Asked Questions

How were Overseas Shipholding Group's earnings last quarter?

Overseas Shipholding Group, Inc. (NYSE:OSG) announced its earnings results on Friday, May, 10th. The transportation company reported $0.19 earnings per share (EPS) for the quarter. The transportation company had revenue of $117.50 million for the quarter. Overseas Shipholding Group had a net margin of 14.26% and a trailing twelve-month return on equity of 18.38%.

When did Overseas Shipholding Group's stock split?

Overseas Shipholding Group's stock split on Saturday, January 1st 2000. The 6-1 split was announced on Saturday, January 1st 2000. The newly issued shares were issued to shareholders after the closing bell on Monday, June 13th 2016. An investor that had 100 shares of stock prior to the split would have 600 shares after the split.

Is Overseas Shipholding Group buying back stock?

Overseas Shipholding Group's board initiated a stock buyback program on Wednesday, December 6th 2023, which permits the company to buy back $25,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued.

Does Overseas Shipholding Group have any subsidiaries?

Overseas Shipholding Group subsidiaries include these companies: Alaska Tanker Company, Heidmar Lightering Services, Maritrans Inc, Stelmar Shipping, Akun Island LLC, Alaska Tanker Company LLC, Kiska Island LLC, and others.

Who are Overseas Shipholding Group's major shareholders?

Overseas Shipholding Group's top institutional shareholders include Glazer Capital LLC (4.74%), Dimensional Fund Advisors LP (4.47%), American Century Companies Inc. (2.11%) and Renaissance Technologies LLC (1.55%). Insiders that own company stock include Cyrus Capital Partners, LP, Samuel H Norton, Gary Eugene Taylor, Julie Silcock and Anja Manuel.
View institutional ownership trends
.

What other stocks do shareholders of Overseas Shipholding Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Overseas Shipholding Group investors own include Overstock.com (OSTK), OPKO Health (OPK), Colony Capital (CLNY), Main Street Capital (MAIN), Teekay Tankers (TNK), Vector Group (VGR) and Enphase Energy (ENPH).

This page (NYSE:OSG) was last updated on 9/7/2024 by MarketBeat.com Staff

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