International Seaways is a American stock, trading under the symbol INSW-N on the New York Stock Exchange (INSW). It is usually referred to as NYSE:INSW or INSW-N
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In the last year, there was no coverage of International Seaways published on Stockchase.
On 2023-02-16, International Seaways (INSW-N) stock closed at a price of $45.96.
INSW is one of the largest operators of large crude oil and refined product tankers in the world - operating 83 vessels worldwide. They just reported all time record earnings allowing them to increase cash reserves, reduce debt and buy back shares. It trades under 2x book value and boasts a 29% ROE. It has a low beta, meaning it operates more independently of the underlying equity market. We recommend placing a stop-loss at $36, looking to achieve $58.50 — upside potential of 40%. Yield 1.0%
(Analysts’ price target is $58.63)