International Seaways

International Seaways shares slipped about 3.6% in pre-market trading to $100.85 as they traded ex-dividend for the announced quarterly cash dividend of $5.05. There are no negative company developments; Q2 EPS of $5.91 topped the consensus estimate of $5.26. Deutsche Bank reiterated its buy rating and raised the price target to $107. The price decline is therefore a typical dividend adjustment and not a sign of fundamental weakness. » Więcej na de.investing.com

The stock of International Seaways reached an all-time high of 102.37 USD and is up significantly year-to-date at +127%; the price increase over the last year is 121.66%. The valuation shows a P/E ratio of 6.46; InvestingPro rates the stock as undervalued and points to a dividend yield of 27% and seven years of dividend payments. For Q2 2026 the company reported adjusted EPS of 5.91 USD (expectation 5.52 USD), revenue of 467.29 million USD (expectation 401.77 million USD), adjusted net income of 295 million USD, adjusted EBITDA of 345 million USD and a record free cash flow of 261 million USD. Average spot TCE rates rose to 79,000 USD/day, liquidity stands at 935 million USD with net debt of around 250 million USD. » Więcej na de.investing.com

Shares of International Seaways rose to $98.43, marking a new all-time high after a one-year return of about 163% and a year-to-date gain of 118%. In Q2 the company beat expectations with adjusted earnings of $5.91 per share and revenue of $467.29 million, driven by record rates in the tanker business. The balance sheet remains robust with $935 million in liquidity, net debt of roughly $250 million and free cash flow of $261 million; the stock shows a dividend yield of 28% and a P/E of 6.2. » Więcej na de.investing.com