International Seaways (INSW) Projected to Announce Quarterly Earnings on Thursday

International Seaways (NYSE:INSW – Get Free Report) will likely be releasing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $3.57 per share and revenue of $362.43 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 9:00 AM ET.

International Seaways (NYSE:INSW – Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The transportation company reported $5.91 earnings per share for the quarter, topping analysts’ consensus estimates of $5.55 by $0.36. The firm had revenue of $467.29 million for the quarter, compared to the consensus estimate of $406.38 million. International Seaways had a net margin of 61.98% and a return on equity of 31.75%. The business’s revenue was up 138.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.02 earnings per share. On average, analysts expect International Seaways to post $17.47 EPS for the current fiscal year and $11.01 EPS for the next fiscal year.

International Seaways Price Performance

NYSE:INSW opened at $105.00 on Wednesday. The company has a 50-day moving average of $108.70 and a 200-day moving average of $85.96. The company has a market capitalization of $5.20 billion, a price-to-earnings ratio of 7.88, a PEG ratio of 0.28 and a beta of -0.10. International Seaways has a 52 week low of $46.09 and a 52 week high of $126.27. The company has a debt-to-equity ratio of 0.27, a quick ratio of 5.76 and a current ratio of 5.94.

International Seaways Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 10th were paid a $5.05 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This is an increase from International Seaways’s previous quarterly dividend of $0.12. This represents a $20.20 dividend on an annualized basis and a yield of 19.2%. International Seaways’s payout ratio is presently 129.16%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on INSW shares. BTIG Research raised their price target on shares of International Seaways from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, September 18th. Wall Street Zen lowered International Seaways from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $107.00 price objective on shares of International Seaways in a research note on Tuesday, September 1st. Jefferies Financial Group increased their target price on International Seaways from $100.00 to $108.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Finally, B. Riley Financial raised their target price on International Seaways from $120.00 to $140.00 and gave the stock a “buy” rating in a research report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $109.80.

Read Our Latest Stock Analysis on INSW

Insider Buying and Selling

In related news, CEO Lois K. Zabrocky sold 2,000 shares of the stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $114.23, for a total transaction of $228,460.00. Following the sale, the chief executive officer directly owned 169,745 shares in the company, valued at $19,389,971.35. This represents a 1.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Finance Ltd Famatown sold 102,000 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of $111.82, for a total value of $11,405,640.00. Following the sale, the insider directly owned 6,932,458 shares of the company’s stock, valued at $775,187,453.56. This represents a 1.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 655,028 shares of company stock valued at $76,362,341 in the last quarter. 1.70% of the stock is currently owned by corporate insiders.

International Seaways Company Profile

(Get Free Report)

International Seaways, Inc (NYSE: INSW) is a maritime transportation company that owns and operates oceangoing tankers. Its vessels transport crude oil, refined petroleum products and other energy-related cargoes for oil companies, commodity traders, refiners and other customers in international markets.

The company’s fleet includes large crude carriers and product tankers serving a range of transportation needs. International Seaways operates vessels on the global waterborne energy transportation network, with routes connecting major oil-producing regions, refining centers and consuming markets.

International Seaways was established as an independent public company in 2016 following its spin-off from Overseas Shipholding Group.

Read More

Earnings History for International Seaways (NYSE:INSW)

Receive News & Ratings for International Seaways Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Seaways and related companies with MarketBeat.com's FREE daily email newsletter.