Equities analysts expect that Euronav NV (NASDAQ:EURN) will announce earnings of ($0.21) per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Euronav NV’s earnings. The lowest EPS estimate is ($0.28) and the highest is ($0.14). The firm is scheduled to announce its next earnings results on Monday, October 30th.

On average, analysts expect that Euronav NV will report full-year earnings of ($0.07) per share for the current financial year, with EPS estimates ranging from ($0.13) to $0.01. For the next fiscal year, analysts forecast that the business will report earnings of ($0.01) per share, with EPS estimates ranging from ($0.21) to $0.20. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for Euronav NV.

A number of equities research analysts have recently commented on the company. BidaskClub raised Euronav NV from a “sell” rating to a “hold” rating in a research note on Friday, September 8th. Zacks Investment Research cut Euronav NV from a “buy” rating to a “hold” rating in a research note on Monday, July 3rd. TheStreet raised Euronav NV from a “d+” rating to a “c-” rating in a research note on Tuesday, July 25th. ValuEngine cut Euronav NV from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $8.00 target price on shares of Euronav NV in a research note on Friday, July 7th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $9.50.

Institutional investors have recently added to or reduced their stakes in the stock. Cubist Systematic Strategies LLC boosted its position in shares of Euronav NV by 41.8% during the second quarter. Cubist Systematic Strategies LLC now owns 13,218 shares of the shipping company’s stock valued at $104,000 after buying an additional 3,895 shares during the last quarter. Virtu KCG Holdings LLC purchased a new stake in shares of Euronav NV during the second quarter valued at $138,000. M&T Bank Corp boosted its position in shares of Euronav NV by 78.0% during the first quarter. M&T Bank Corp now owns 22,003 shares of the shipping company’s stock valued at $174,000 after buying an additional 9,642 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Euronav NV by 121.6% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 23,501 shares of the shipping company’s stock valued at $188,000 after buying an additional 12,895 shares during the last quarter. Finally, Parametric Portfolio Associates LLC boosted its position in shares of Euronav NV by 88.2% during the first quarter. Parametric Portfolio Associates LLC now owns 28,265 shares of the shipping company’s stock valued at $223,000 after buying an additional 13,247 shares during the last quarter.

Euronav NV (NASDAQ:EURN) opened at 7.95 on Friday. Euronav NV has a 52 week low of $6.65 and a 52 week high of $8.55. The company has a market capitalization of $1.26 billion and a PE ratio of 20.98. The firm’s 50-day moving average price is $7.97 and its 200 day moving average price is $7.97.

The firm also recently disclosed a semiannual dividend, which will be paid on Thursday, October 5th. Investors of record on Tuesday, September 26th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Monday, September 25th. This represents a dividend yield of 1.61%.

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Euronav NV Company Profile

Euronav NV, together with its subsidiaries, owns, operates, and manages a fleet of vessels for the ocean transportation and storage of crude oil and petroleum products worldwide. The company operates through two segments, Tankers; and Floating Production, Storage, and Offloading Operations. As of April 4, 2017, it owned and operated a fleet of 55 double hulled vessels, including 31 very large crude carriers, 1 V-Plus vessel, 19 Suezmax vessels, and 2 floating, storage, and offloading vessels, as well as 2 Suezmax vessels under construction.

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Earnings History and Estimates for Euronav NV (NASDAQ:EURN)

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