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International Seaways, Inc.NYSE:INSW Stock Report

Market Cap US$4.2b
Share Price
US$83.52
US$75.2
11.1% overvalued intrinsic discount
1Y123.6%
7D-1.3%
1D
Portfolio Value
View

International Seaways, Inc.

NYSE:INSW Stock Report

Market Cap: US$4.2b

INSW Community Fair Values

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International Seaways, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for International Seaways
Historical stock prices
Current Share PriceUS$83.52
52 Week HighUS$92.66
52 Week LowUS$35.60
Beta-0.081
1 Month Change9.51%
3 Month Change23.79%
1 Year Change123.61%
3 Year Change120.89%
5 Year Change316.77%
Change since IPO544.94%

Recent News & Updates

Narrative Update May 20

INSW: Reliance On Rich Spot-Rate Assumptions Will Limit Future Return Potential

Analysts have trimmed the fair value estimate for International Seaways by about $2 to $56, reflecting a modestly higher discount rate and softer projected revenue growth. This comes even as they factor in slightly stronger profit margins and a similar forward P/E profile, while recent target moves on the stock highlight mixed views driven by valuation after a strong share price run.
Seeking Alpha May 19

International Seaways: The Ton-Mile Bullwhip And Zero-Debt Valuation Singularity

Summary International Seaways is rated Strong Buy, as Wall Street undervalues its shift toward a zero-net-debt, cash-compounding infrastructure profile. INSW’s 82% spot market exposure and control of the Tankers International pool position it to capture congestion-driven rate spikes post-Hormuz reopening. The company’s modern fleet, strategic arbitrage between clean and dirty trades, and low 7% loan-to-value minimize cyclical bankruptcy risk. Key risks include a temporary spot rate collapse post-ceasefire, an 85% dividend payout limiting fleet renewal cash, and potential Bermuda tax regime changes. Read the full article on Seeking Alpha
Analysis Article May 15

International Seaways (NYSE:INSW) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

International Seaways, Inc. ( NYSE:INSW ) just reported some strong earnings, and the market reacted accordingly with a...

Recent updates

Narrative Update May 20

INSW: Reliance On Rich Spot-Rate Assumptions Will Limit Future Return Potential

Analysts have trimmed the fair value estimate for International Seaways by about $2 to $56, reflecting a modestly higher discount rate and softer projected revenue growth. This comes even as they factor in slightly stronger profit margins and a similar forward P/E profile, while recent target moves on the stock highlight mixed views driven by valuation after a strong share price run.
Seeking Alpha May 19

International Seaways: The Ton-Mile Bullwhip And Zero-Debt Valuation Singularity

Summary International Seaways is rated Strong Buy, as Wall Street undervalues its shift toward a zero-net-debt, cash-compounding infrastructure profile. INSW’s 82% spot market exposure and control of the Tankers International pool position it to capture congestion-driven rate spikes post-Hormuz reopening. The company’s modern fleet, strategic arbitrage between clean and dirty trades, and low 7% loan-to-value minimize cyclical bankruptcy risk. Key risks include a temporary spot rate collapse post-ceasefire, an 85% dividend payout limiting fleet renewal cash, and potential Bermuda tax regime changes. Read the full article on Seeking Alpha
Analysis Article May 15

International Seaways (NYSE:INSW) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

International Seaways, Inc. ( NYSE:INSW ) just reported some strong earnings, and the market reacted accordingly with a...
Narrative Update May 01

INSW: Reliance On Resilient Spot Rates Will Constrain Forward Return Potential

Analysts have lifted the price target for International Seaways, with the model value moving from $56.00 to about $58.23, citing recent bullish initiations and upward target revisions that reflect updated views on revenue growth, profit margins, and future P/E assumptions. Analyst Commentary Recent research notes on International Seaways highlight a generally constructive stance, with several firms updating their models and revising price targets.
Narrative Update Apr 16

INSW: Reliance On Resilient Spot Rates Will Limit Future Return Potential

Analysts have lifted their average price target for International Seaways by roughly $10 to $15, to a range around $80 to $90, citing resilient spot rates, lower cash costs, and the potential for continued debt reduction and cash returns to shareholders after recent fleet renewal investments. Analyst Commentary Recent research updates on International Seaways point to higher price targets in the US$80 to US$90 range, tied to resilient spot rates, lower cash costs, and expectations around ongoing balance sheet improvement and cash returns after fleet renewal.
Narrative Update Apr 02

INSW: Dividends And Cost Efficiency Will Shape Balanced Debt And Cash Return Outlook

Analysts have raised the implied fair value for International Seaways from $61.40 to $75.20. This change reflects higher Street price targets in the $80 to $90 range as they incorporate resilient spot rates, lower cash costs, and ongoing balance sheet improvement following fleet renewal investments.
Narrative Update Mar 19

INSW: Reliance On Resilient Spot Rates Will Constrain Future Return Potential

Narrative Update on International Seaways Analyst price targets for International Seaways have moved higher, with recent updates rising from $63 to as much as $90 as analysts factor in resilient spot rates, lower cash costs, and the company’s ongoing fleet renewal and debt reduction efforts. Analyst Commentary Recent research on International Seaways has centered on how resilient spot rates and lower cash costs feed into updated valuation models.
Narrative Update Mar 04

INSW: Elevated Payouts And Spot Rate Reliance Will Pressure Future Returns

Analysts have lifted their average price target for International Seaways to $90 from $64, citing resilient spot rates, lower cash costs, and expectations that recent fleet renewal investments could support further debt reduction and cash returns to shareholders. Analyst Commentary Recent research on International Seaways has centered on shipping market conditions, the company’s cash cost profile, and how capital allocation decisions around the fleet could influence debt levels and shareholder returns.
Narrative Update Feb 18

INSW: Execution Risks Around Margins Will Constrain Future Upside Potential

Analysts have raised their price target on International Seaways by $10, pointing to higher expected revenue growth, stronger profit margins and a lower anticipated forward P/E as key supports for the updated view. Analyst Commentary Even with the higher price target and more constructive views in recent research, not every analyst is fully on board.
Narrative Update Feb 03

INSW: Dividend Payouts And Margin Assumptions Will Guide Balanced Future Returns

Analysts have raised their price target on International Seaways from US$58.80 to about US$61.40, citing updated assumptions around revenue growth, profit margins and a lower expected future P/E multiple. Analyst Commentary Bullish Takeaways Bullish analysts see the higher price target of about US$61.40 as support for their view that the updated revenue and margin assumptions still leave room for upside if execution stays close to expectations.
Narrative Update Jan 20

INSW: Cautious Hold Rating And P/E Assumptions Will Shape Future Returns

Analysts have lifted their price target on International Seaways from US$47 to US$56, citing updated assumptions on discount rates, revenue trends, margins, and a higher future P/E multiple, even as some firms now rate the shares as a Hold around US$57. Analyst Commentary Bearish analysts have turned more cautious on International Seaways, with at least one moving the rating to Hold and setting a price target around US$57.
Narrative Update Jan 06

INSW: Reset Earnings Outlook And Buyback Progress Will Support Future Upside

Narrative Update on International Seaways Analysts have trimmed their price target on International Seaways to US$57.00, reflecting updated assumptions around revenue trends, profitability and a higher forward P/E. This follows a recent downgrade to Hold that points to a more cautious stance on upside from here.
Narrative Update Dec 23

INSW: Dividend And Cash Flow Strength Will Support Future Upside Despite Hold Rating

Analysts lifted their average price target on International Seaways by approximately $1 to about $59 per share. This reflects a modest increase in fair value despite expectations for softer revenue growth, lower profit margins, and a higher forward earnings multiple following recent rating changes on the stock.
Narrative Update Dec 09

INSW: Dividend Support Will Drive Bullish Returns Despite New Hold Rating

Narrative Update on International Seaways Analysts have trimmed their price target on International Seaways by $0.67 to $57.00, reflecting a more cautious stance as recent research points to limited near term upside, while underlying valuation assumptions remain stable. Analyst Commentary Following the recent downgrade to Hold, analysts describe the new $57 price target as a reflection of a more balanced risk reward profile rather than a fundamental shift in the company’s long term outlook.
Narrative Update Nov 24

INSW: New Dividend and Hold Rating Will Guide Market Expectations Ahead

International Seaways' analyst price target has been revised slightly upward from $57.50 to approximately $57.67. This change reflects analysts' tempered optimism following recent adjustments in revenue growth expectations and a downgrade to Hold by a major research firm.
Narrative Update Nov 08

INSW: Supplemental Dividend and Funding Will Shape Outlook Amid Margin Changes

Analysts have raised their price target for International Seaways from $56.00 to $57.50, citing increased revenue growth expectations even though the outlook for profit margins has moderated. What's in the News Declared a supplemental dividend of $0.74 per share to be paid on December 23, 2025, to shareholders of record as of December 9, 2025, according to a Board of Directors announcement.
Narrative Update Oct 24

Expanded Fleet and Share Buybacks Will Drive Demand and Efficiency

Analysts have raised their price target for International Seaways from $53.50 to $56.00. This change reflects adjustments to their fair value estimates based on evolving projections for growth, profitability, and market conditions.
Analysis Article Aug 14

Why International Seaways' (NYSE:INSW) Shaky Earnings Are Just The Beginning Of Its Problems

NYSE:INSW 1 Year Share Price vs Fair Value Explore International Seaways's Fair Values from the Community and select...
Analysis Article Jun 26

Is International Seaways (NYSE:INSW) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 06

International Seaways, Inc. (NYSE:INSW) Surges 27% Yet Its Low P/E Is No Reason For Excitement

Those holding International Seaways, Inc. ( NYSE:INSW ) shares would be relieved that the share price has rebounded 27...
Seeking Alpha Mar 05

International Seaways: Intends To Grow Shareholder Value While Bringing Newbuilds Online

Summary Despite a 22.4% YoY decline in Q4 2024 shipping revenue, INSW is rated as a hold due to positive shareholder value creation in 2025. INSW's annual revenue fell 11.21% YoY to $951.62 million in FY 2024, but the company returned over $300 million to shareholders and declared a $0.70 Q1 2025 dividend. INSW's forward annual dividend yield is 15.45%, and the company plans a $50 million share buyback in 2025, potentially boosting the stock price. INSW's NAV/share is $37.69 against a current share price of $32.95, indicating slight undervaluation; however, TCE rates may face a significant downside in 2025. Read the full article on Seeking Alpha
Analysis Article Mar 01

International Seaways, Inc. (NYSE:INSW) Analysts Are More Bearish Than They Used To Be

The analysts covering International Seaways, Inc. ( NYSE:INSW ) delivered a dose of negativity to shareholders today...
Analysis Article Jan 30

International Seaways (NYSE:INSW) Has A Pretty Healthy Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Seeking Alpha Dec 11

International Seaways: Well-Diversified Across Multiple Tanker Market Segments

Summary International Seaways operates a diversified fleet of 76 tankers, in addition to six Long Range 1 (LR1) newbuilds scheduled for delivery before the third quarter of 2026. One important element that differentiates International Seaways from its peers is its diversified portfolio across market segments. International Seaways operates 13 VLCCs at one extreme of the crude oil market and 38 MR tankers at the smaller end of the refined product market. Using the current market capitalization of $1.84 billion, free cash flows of $76.0 million generated during Q3-24 are equivalent to a free cash flow yield of 16.7% on an annualized basis. Read the full article on Seeking Alpha
Analysis Article Dec 02

International Seaways, Inc.'s (NYSE:INSW) Business And Shares Still Trailing The Market

International Seaways, Inc.'s ( NYSE:INSW ) price-to-earnings (or "P/E") ratio of 3.7x might make it look like a strong...

Shareholder Returns

INSWUS Oil and GasUS Market
7D-1.3%-0.6%1.0%
1Y123.6%37.4%28.7%

Return vs Industry: INSW exceeded the US Oil and Gas industry which returned 37.4% over the past year.

Return vs Market: INSW exceeded the US Market which returned 27.1% over the past year.

Price Volatility

Is INSW's price volatile compared to industry and market?
INSW volatility
INSW Average Weekly Movement6.1%
Oil and Gas Industry Average Movement6.1%
Market Average Movement7.2%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: INSW has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: INSW's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19992,837Lois Zabrockyintlseas.com

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. The company operates in two segments: Crude Tankers and Product Carriers. It operates fleet of 70 vessels of VLCCs, Suezmaxes, and Aframaxes, as well as MRs, LR1, and LR2 product carrier.

International Seaways, Inc. Fundamentals Summary

How do International Seaways's earnings and revenue compare to its market cap?
INSW fundamental statistics
Market capUS$4.21b
Earnings (TTM)US$545.54m
Revenue (TTM)US$987.28m
7.6x
P/E Ratio
4.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
INSW income statement (TTM)
RevenueUS$987.28m
Cost of RevenueUS$318.83m
Gross ProfitUS$668.45m
Other ExpensesUS$122.91m
EarningsUS$545.54m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)11.02
Gross Margin67.71%
Net Profit Margin55.26%
Debt/Equity Ratio16.6%

How did INSW perform over the long term?

See historical performance and comparison

Dividends

10.0%
Current Dividend Yield
4%
Payout Ratio

Does INSW pay a reliable dividends?

See INSW dividend history and benchmarks
When do you need to buy INSW by to receive an upcoming dividend?
International Seaways dividend dates
Ex Dividend DateJun 12 2026
Dividend Pay DateJun 26 2026
Days until Ex dividend19 days
Days until Dividend pay date33 days

Does INSW pay a reliable dividends?

See INSW dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 07:33
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

International Seaways, Inc. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Liam BurkeB. Riley Securities, Inc.
Gregory LewisBTIG
Christopher RobertsonDeutsche Bank