
International Seaways (INSW) Stock Forecast & Price Target
International Seaways (INSW) Analyst Ratings
Bulls say
International Seaways Inc. has demonstrated a positive momentum in second-quarter bookings, with significant day rates secured for a majority of its fleet, including $42,800 for VLCC and $40,000 for Suezmax. The company boasts a robust balance sheet and a diversified tanker fleet, positioning it favorably to capitalize on improved earnings driven by increased OPEC+ volumes and higher refinery throughput. Additionally, rising refinery margins are expected to support stronger fundamentals for its product fleet, further enhancing the company’s financial outlook.
Bears say
International Seaways Inc's financial outlook is negatively impacted by the volatility in oil volumes, which poses a risk to charter rates, potentially affecting revenue stability. Fluctuations in oil demand and supply can lead to significant changes in charter rates, further pressuring profitability. Additionally, the association of lower interest rates with declining ship values raises concerns about the long-term value retention of the company’s vessels, indicating potential challenges in asset management.
This aggregate rating is based on analysts' research of International Seaways and is not a guaranteed prediction by Public.com or investment advice.
International Seaways (INSW) Analyst Forecast & Price Prediction
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