Is International Seaways' (INSW) Supplemental Dividend a Strategic Signal Amid Softer Earnings?

• On November 5, 2025, International Seaways, Inc. announced a supplemental cash dividend of US$0.74 per share and affirmed a regular quarterly dividend of US$0.12 per share, both payable on December 23, 2025 to shareholders recorded by December 9, 2025, following its third-quarter earnings release.
• This move to reward shareholders with both a supplemental and regular dividend comes despite the company reporting year-over-year declines in revenue, net income, and earnings per share for the quarter and nine-month period ended September 30, 2025.
• We will explore how the supplemental dividend, amid softer earnings, may influence International Seaways' investment narrative and forward outlook.

We've found 16 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

International Seaways Investment Narrative Recap

Investors considering International Seaways need to believe in the resilience of tanker demand and management’s ability to navigate industry volatility. The newly announced supplemental and regular dividends provide some support for the investment case, but do not materially change the near-term catalyst of global trade route shifts or alleviate the principal risk of declining earnings amid a softening spot market and evolving environmental regulations.

The most relevant recent update is the company’s third-quarter earnings release, which outlined year-over-year declines in revenue, net income, and earnings per share. Coupled with the dividend announcement, this highlights management’s continued focus on shareholder returns during a period of weaker financial performance, even as fundamental sector headwinds persist.

However, it is important to be aware that if compliance costs rise sharply from new shipping regulations...

Read the full narrative on International Seaways (it's free!)

International Seaways is projected to reach $848.0 million in revenue and $288.7 million in earnings by 2028. This outlook assumes a 2.0% annual revenue growth rate and an earnings increase of $50.1 million from the current earnings of $238.6 million.

Uncover how International Seaways' forecasts yield a $57.50 fair value, a 7% upside to its current price.

Exploring Other Perspectives

Six fair value estimates from the Simply Wall St Community for International Seaways range from US$30 to US$120, reflecting sharply varied outlooks on the stock's future potential. While some expect upside from shifting refining and trade patterns, others see downside risks from sector volatility and regulatory change; explore these viewpoints for a fuller picture.

Explore 6 other fair value estimates on International Seaways - why the stock might be worth 44% less than the current price!

Build Your Own International Seaways Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your International Seaways research is our analysis highlighting 1 key reward and 3 important warning signs that could impact your investment decision.
• Our free International Seaways research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate International Seaways' overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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