Several brokerages have updated their recommendations and price targets on shares of International Seaways (NYSE: INSW) in the last few weeks:
- 3/9/2026 – International Seaways had its price target raised by Deutsche Bank Aktiengesellschaft from $63.00 to $80.00. They now have a “buy” rating on the stock.
- 3/7/2026 – International Seaways was upgraded by Wall Street Zen from “hold” to “buy”.
- 3/2/2026 – International Seaways was upgraded by Zacks Research from “hold” to “strong-buy”.
- 2/26/2026 – International Seaways had its price target raised by BTIG Research from $70.00 to $80.00. They now have a “buy” rating on the stock.
- 2/26/2026 – International Seaways had its “buy” rating reaffirmed by Benchmark Co..
- 2/7/2026 – International Seaways was downgraded by Wall Street Zen from “buy” to “hold”.
- 2/4/2026 – International Seaways had its price target raised by BTIG Research from $60.00 to $70.00. They now have a “buy” rating on the stock.
- 1/23/2026 – International Seaways was upgraded by Wall Street Zen from “hold” to “buy”.
- 1/22/2026 – International Seaways had its “hold (c+)” rating reaffirmed by Weiss Ratings.
- 1/20/2026 – International Seaways was upgraded by Pareto Securities from “hold” to “buy”. They now have a $64.00 price target on the stock.
International Seaways Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 20th will be given a dividend of $0.12 per share. The ex-dividend date of this dividend is Friday, March 20th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 0.7%. International Seaways’s dividend payout ratio (DPR) is presently 7.70%.
Insider Buying and Selling at International Seaways
In other International Seaways news, Director Randee E. Day sold 4,090 shares of the stock in a transaction on Monday, March 9th. The shares were sold at an average price of $74.93, for a total transaction of $306,463.70. Following the transaction, the director directly owned 18,435 shares in the company, valued at $1,381,334.55. This represents a 18.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Treasurer Debra Grillo sold 389 shares of the firm’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $76.27, for a total transaction of $29,669.03. Following the transaction, the treasurer directly owned 1,185 shares of the company’s stock, valued at approximately $90,379.95. This represents a 24.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 60,697 shares of company stock valued at $4,402,750. Corporate insiders own 2.00% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than International Seaways
- “This AI Giant is About to Go Bust”
- I tried out Elon Musk’s new AI tech — it floored me
- “I just bought 10,000 shares of a $5 stock…”
- Elon Musk’s $1 Quadrillion AI IPO
- Is Trump Done? Shocking leak…
Receive News & Ratings for International Seaways Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Seaways Inc and related companies with MarketBeat.com's FREE daily email newsletter.
