International Seaways (INSW)

• Market cap: $1.6B
• 1 day: 0.22%
• 5 days: -5.71%
• 1 month: -22.31%
• 3 months: -35.25%
• 6 months: -44.57%
• Year to date: -30.18%
• 1 year: -29.80%
• 5 years: 11.94%
• 10 years: 228.59%
• Sector: Industrials
• Industry: Water Transportation

About: International Seaways Inc owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. The fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.

Employees: 2,698

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

3% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 87

6.24% less ownership

Funds ownership: 69.64% [Q2] → 63.4% (-6.24%) [Q3]

11% less funds holding

Funds holding: 282 [Q2] → 252 (-30) [Q3]

20% less capital invested

Capital invested by funds: $2.04B [Q2] → $1.62B (-$417M) [Q3]

43% less first-time investments, than exits

New positions opened: 39 | Existing positions closed: 69

60% less call options, than puts

Call options by funds: $4.67M | Put options by funds: $11.7M

67% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 1 (-2) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $56 72% upside
• Avg. target: $58 78% upside
• High target: $60 84% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Jefferies Omar Nokta 14% 1-year accuracy 8 / 57 met price target	84% upside $60	Buy Maintained	14 Nov 2024
Stifel Benjamin Nolan 32% 1-year accuracy 12 / 37 met price target	72% upside $56	Hold Downgraded	23 Oct 2024