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

Company Overview

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.

Key Stats

• Today's Range: $8.49 to $8.49
• 50-Day Range: $8.45 to $8.50
• 52-Week Range: $3.95 to $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
• Consensus Rating: N/A

OSG Stock Analysis - Frequently Asked Questions

How were Overseas Shipholding Group's earnings last quarter?

Overseas Shipholding Group, Inc. (NYSE:OSG) announced its quarterly 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%.

Is Overseas Shipholding Group buying back stock?

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

Does Overseas Shipholding Group have any subsidiaries?

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

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 NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Meta Platforms (META), Novo Nordisk A/S (NVO), Adobe (ADBE) and Dorian LPG (LPG).

Company Calendar

• Last Earnings: 5/10/2024
• Today: 1/22/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Deep sea foreign transportation of freight
• Sub-Industry: Transportation
• Current Symbol: NYSE:OSG
• CUSIP: N/A
• CIK: 75208
• Web: www.osg.com
• Phone: (813) 209-0600
• Fax: 212-578-1821
• Employees: 950
• Year Founded: 1948

Profitability

• EPS (Most Recent Fiscal Year): $0.82
• Trailing P/E Ratio: 10.35
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $62.45 million
• Net Margins: 14.26%
• Pretax Margin: 16.43%
• Return on Equity: 18.38%
• Return on Assets: 5.95%

Debt

• Debt-to-Equity Ratio: 0.93
• Current Ratio: 0.67
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $455.58 million
• Price / Sales: 1.34
• Cash Flow: $1.81 per share
• Price / Cash Flow: 4.70
• Book Value: $4.89 per share
• Price / Book: 1.74

Miscellaneous

• Outstanding Shares: 72,031,000
• Free Float: 65,339,000
• Market Cap: $611.54 million
• Optionable: Optionable
• Beta: 0.31