INSW Stock 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.
International Seaways Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$35.13|
|52 Week High||US$36.72|
|52 Week Low||US$13.05|
|1 Month Change||14.65%|
|3 Month Change||66.02%|
|1 Year Change||84.80%|
|3 Year Change||69.30%|
|5 Year Change||74.00%|
|Change since IPO||171.27%|
Recent News & Updates
International Seaways goes ex-dividend tomorrow
International Seaways (NYSE:INSW) had declared $0.12/share quarterly dividend, in line with previous. Payable Sept. 28; for shareholders of record Sept. 14; ex-div Sept. 13. See INSW Dividend Scorecard, Yield Chart, & Dividend Growth.
|INSW||US Oil and Gas||US Market|
Return vs Industry: INSW exceeded the US Oil and Gas industry which returned 32% over the past year.
Return vs Market: INSW exceeded the US Market which returned -23.2% over the past year.
|INSW Average Weekly Movement||7.1%|
|Oil and Gas Industry Average Movement||8.0%|
|Market Average Movement||6.8%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.8%|
Stable Share Price: INSW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: INSW's weekly volatility (7%) has been stable over the past year.
About the Company
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, 2021, the company owned and operated a fleet of 83 vessels, which include 12 chartered-in vessels, as well as had ownership interests in two floating storage and offloading service vessels.
International Seaways Fundamentals Summary
|INSW fundamental statistics|
Is INSW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|INSW income statement (TTM)|
|Cost of Revenue||US$295.74m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.92|
|Net Profit Margin||-9.71%|
How did INSW perform over the long term?See historical performance and comparison
1.4%Current Dividend Yield
Is INSW undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for INSW?
Other financial metrics that can be useful for relative valuation.
|What is INSW's n/a Ratio?|
Price to Sales Ratio vs Peers
How does INSW's PS Ratio compare to its peers?
|INSW PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
HEP Holly Energy Partners
STNG Scorpio Tankers
NS NuStar Energy
INSW International Seaways
Price-To-Sales vs Peers: INSW is expensive based on its Price-To-Sales Ratio (3.7x) compared to the peer average (2.6x).
Price to Earnings Ratio vs Industry
How does INSW's PE Ratio compare vs other companies in the US Oil and Gas Industry?
Price-To-Sales vs Industry: INSW is expensive based on its Price-To-Sales Ratio (3.7x) compared to the US Oil and Gas industry average (1.5x)
Price to Sales Ratio vs Fair Ratio
What is INSW's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||3.7x|
|Fair PS Ratio||1.3x|
Price-To-Sales vs Fair Ratio: INSW is expensive based on its Price-To-Sales Ratio (3.7x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).
Share Price vs Fair Value
What is the Fair Price of INSW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: INSW ($35.13) is trading below our estimate of fair value ($189.42)
Significantly Below Fair Value: INSW is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is International Seaways forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INSW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).
Earnings vs Market: INSW is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: INSW is expected to become profitable in the next 3 years.
Revenue vs Market: INSW's revenue (11.7% per year) is forecast to grow faster than the US market (7.7% per year).
High Growth Revenue: INSW's revenue (11.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INSW's Return on Equity is forecast to be low in 3 years time (18.6%).
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How has International Seaways performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INSW is currently unprofitable.
Growing Profit Margin: INSW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: INSW is unprofitable, but has reduced losses over the past 5 years at a rate of 7.7% per year.
Accelerating Growth: Unable to compare INSW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INSW is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (184.6%).
Return on Equity
High ROE: INSW has a negative Return on Equity (-3.78%), as it is currently unprofitable.
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How is International Seaways's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: INSW's short term assets ($435.0M) exceed its short term liabilities ($208.9M).
Long Term Liabilities: INSW's short term assets ($435.0M) do not cover its long term liabilities ($924.2M).
Debt to Equity History and Analysis
Debt Level: INSW's net debt to equity ratio (68.5%) is considered high.
Reducing Debt: INSW's debt to equity ratio has increased from 40% to 87.3% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: INSW has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if INSW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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What is International Seaways's current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|International Seaways Dividend Yield vs Market|
|Company (International Seaways)||1.4%|
|Market Bottom 25% (US)||1.7%|
|Market Top 25% (US)||4.7%|
|Industry Average (Oil and Gas)||5.0%|
|Analyst forecast in 3 Years (International Seaways)||1.3%|
Notable Dividend: INSW's dividend (1.37%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.67%).
High Dividend: INSW's dividend (1.37%) is low compared to the top 25% of dividend payers in the US market (4.73%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, INSW has been paying a dividend for less than 10 years.
Growing Dividend: INSW's dividend payments have increased, but the company has only paid a dividend for 3 years.
Earnings Payout to Shareholders
Earnings Coverage: INSW is paying a dividend but the company is unprofitable.
Cash Payout to Shareholders
Cash Flow Coverage: INSW is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lois Zabrocky (52 yo)
Ms. Lois K. Zabrocky serves as President and Director at Diamond S Shipping Inc. since July 16, 2021. She has been an Independent Director of Tidewater Inc. since July 28, 2020. Ms. Zabrocky has been the C...
CEO Compensation Analysis
|Lois Zabrocky's Compensation vs International Seaways Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||US$3m||US$675k|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||US$3m||US$672k|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||US$3m||US$615k|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||US$2m||US$600k|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||US$2m||US$525k|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||US$2m||US$525k|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||n/a||n/a|
|Dec 31 2015||US$2m||US$525k|
Compensation vs Market: Lois's total compensation ($USD3.05M) is below average for companies of similar size in the US market ($USD5.58M).
Compensation vs Earnings: Lois's compensation has been consistent with company performance over the past year.
Experienced Management: INSW's management team is seasoned and experienced (5.9 years average tenure).
Experienced Board: INSW's board of directors are considered experienced (5.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: INSW insiders have only sold shares in the past 3 months.
Recent Insider Transactions
|09 Sep 22||SellUS$504,751||Ian Blackley||Individual||15,499||US$32.57|
|29 Aug 22||SellUS$617,058||Douglas Wheat||Individual||20,000||US$30.85|
|11 Aug 22||SellUS$42,982||Adewale Oshodi||Individual||1,495||US$28.75|
|15 Jun 22||SellUS$156,750||James Small||Individual||7,000||US$22.39|
|10 Jun 22||SellUS$444,224||James Small||Individual||19,000||US$23.38|
|04 May 22||BuyUS$4,894,991||Greenwich Holdings Ltd.||Company||231,308||US$21.71|
|27 Apr 22||BuyUS$173,005,348||Greenwich Holdings Ltd.||Company||8,035,548||US$21.53|
|21 Apr 22||SellUS$21,051,429||Cyrus Capital Partners, L.P.||Company||975,000||US$21.65|
|12 Apr 22||SellUS$19,877,574||Cyrus Capital Partners, L.P.||Company||1,000,000||US$20.18|
|01 Dec 21||BuyUS$21,184||William Nugent||Individual||1,500||US$14.12|
|09 Nov 21||SellUS$838,050||Cyrus Capital Partners, L.P.||Company||44,200||US$18.97|
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
International Seaways, Inc.'s employee growth, exchange listings and data sources
- Name: International Seaways, Inc.
- Ticker: INSW
- Exchange: NYSE
- Founded: 1999
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: US$1.746b
- Shares outstanding: 49.70m
- Website: https://intlseas.com
Number of Employees
- International Seaways, Inc.
- 600 Third Avenue
- 39th Floor
- New York
- New York
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|INSW||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Dec 2016|
|IS5||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 2016|
|INSW N||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Dec 2016|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/02 00:00|
|End of Day Share Price||2022/09/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.