International Seaways (NYSE:INSW) Director Randee Day Sells 2,635 Shares

International Seaways Inc. (NYSE:INSW) Director Randee Day sold 2,635 shares of the business’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $75.40, for a total value of $198,679.00. Following the sale, the director owned 22,525 shares in the company, valued at approximately $1,698,385. The trade was a 10.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

International Seaways Trading Down 3.8%

Shares of International Seaways stock traded down $2.89 during trading on Thursday, reaching $72.55. The company’s stock had a trading volume of 912,286 shares, compared to its average volume of 595,200. International Seaways Inc. has a 52-week low of $27.20 and a 52-week high of $78.51. The company has a quick ratio of 3.71, a current ratio of 3.71 and a debt-to-equity ratio of 0.27. The firm’s 50-day moving average is $59.44 and its two-hundred day moving average is $52.27. The company has a market cap of $3.58 billion, a price-to-earnings ratio of 11.65 and a beta of -0.23.

International Seaways (NYSE:INSW) last released its quarterly earnings results on Thursday, February 26th. The transportation company reported $2.45 EPS for the quarter, beating analysts’ consensus estimates of $1.75 by $0.70. The business had revenue of $267.88 million during the quarter, compared to analyst estimates of $245.29 million. International Seaways had a return on equity of 13.92% and a net margin of 36.67%.International Seaways’s quarterly revenue was up 37.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.90 EPS. On average, sell-side analysts anticipate that International Seaways Inc. will post 7.77 earnings per share for the current year.

International Seaways Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 20th will be given a dividend of $0.12 per share. The ex-dividend date is Friday, March 20th. This represents a $0.48 annualized dividend and a yield of 0.7%. International Seaways’s payout ratio is 7.70%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on INSW shares. Benchmark restated a “buy” rating on shares of International Seaways in a research report on Thursday, February 26th. Zacks Research upgraded shares of International Seaways from a “hold” rating to a “strong-buy” rating in a research note on Monday. Pareto Securities upgraded shares of International Seaways from a “hold” rating to a “buy” rating and set a $64.00 price objective for the company in a research note on Tuesday, January 20th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of International Seaways in a research report on Thursday, January 22nd. Finally, BTIG Research upped their price target on International Seaways from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $64.00.

Key Stories Impacting International Seaways

Here are the key news stories impacting International Seaways this week:

• Positive Sentiment: Zacks upgraded INSW to a “Strong Buy” and flagged the name on a recent‑price‑strength screen, which can attract momentum buyers and support the rally. Read More.
• Positive Sentiment: Seeking Alpha published a bullish note highlighting INSW’s strong Q4 beat (revenue and EPS upside) and improved operating margins; the piece argues the company is positioned to capture upside if tanker rates remain firm. Read More.
• Neutral Sentiment: The board announced a small quarterly dividend ($0.12/share; record Mar 20, pay Mar 30) — a signal of cash returns but immaterial yield versus recent price moves. Read More.
• Neutral Sentiment: Institutional investors have been adjusting positions (several funds added shares), which supports liquidity and longer‑term interest but doesn’t preclude near‑term volatility. Read More.
• Negative Sentiment: Director Alexandra Kate Blankenship sold 4,000 shares at ~$75.69 on Mar 2 (≈20.8% reduction in her stake); disclosed in an SEC Form 4 filing. Read More.
• Negative Sentiment: SVP Derek G. Solon sold 6,000 shares at ~$75.41 on Mar 2 (≈10.5% reduction); another insider sale that can weigh on sentiment. Read More.
• Negative Sentiment: SVP William F. Nugent sold 9,583 shares at $76.00 on Mar 2 (≈15.4% reduction); the aggregation of multiple executive sales increases short‑term downside risk if momentum fades. Read More.

Hedge Funds Weigh In On International Seaways

Institutional investors have recently added to or reduced their stakes in the stock. Fearnley Asset Management AS acquired a new position in International Seaways during the fourth quarter worth $6,258,000. Invesco Ltd. lifted its position in shares of International Seaways by 27.9% during the fourth quarter. Invesco Ltd. now owns 341,939 shares of the transportation company’s stock worth $16,601,000 after purchasing an additional 74,635 shares in the last quarter. Mackenzie Financial Corp increased its stake in shares of International Seaways by 41.4% in the fourth quarter. Mackenzie Financial Corp now owns 19,760 shares of the transportation company’s stock worth $954,000 after buying an additional 5,783 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of International Seaways by 416.1% during the 4th quarter. NewEdge Advisors LLC now owns 10,807 shares of the transportation company’s stock valued at $525,000 after acquiring an additional 8,713 shares in the last quarter. Finally, Garton & Associates Financial Advisors LLC bought a new stake in International Seaways in the fourth quarter valued at $46,000. Institutional investors and hedge funds own 67.29% of the company’s stock.

International Seaways Company Profile

International Seaways, Inc (NYSE: INSW) is an independent tanker company that provides seaborne transportation services to oil companies, commodity traders and national oil companies. The firm’s operations focus on the carriage of crude oil and refined petroleum products, offering both time­ charter and voyage­ charter arrangements. With a modern fleet of very large crude carriers (VLCCs), Suezmax and Aframax tankers, as well as medium range (MR) and Handy product tankers, International Seaways supports global energy supply chains across major trade routes.

Founded in 1997 as Diamond S Shipping, the company completed its initial public offering in the late 1990s and rebranded to International Seaways in September 2018.