What Are The Chances Of Euronav NV (NYSE: EURN) Becoming A Clear Buy?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. The stock was recently discussed on Yahoo Finance as it revealed that REMINDER – Leading Dry Bulk & Container Shipping Companies Participating at Capital Link’s 18th Annual International Shipping Forum Monday, March 11, 2024 in New York City.

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Stocks Info

As a NYSE listed company, EURN falls under the Energy sector while operating within the Oil & Gas Midstream industry segment. The current market capitalization of Euronav NV is $3.59B. A total of 3.95 million shares were traded on the day, compared to an average of 1.52M shares.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Euronav NV pays an annual dividend of $1.42, resulting in a dividend yield of 8.00%, and it has a price to earnings (P/E) ratio of 5.23. EURN’s most recent ex-dividend date was 12/12/2023 when it declared a $0.3990 quarterly dividend that was paid in cash on 12/20/2023. Previously, the company paid the dividend on 9/19/2023 with an ex-dividend date of 9/6/2023. The EURN stock dividend was $0.56 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, EURN has a high of $18.50 and a low of $14.07.

As of this writing, EURN has an earnings estimate of $0.52 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.66 per share and a lower estimate of $0.31. The company reported an EPS of $0.57 in the last quarter, which was 35.70% higher than expectations of $0.42.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. EURN’s latest balance sheet shows that the firm has $152.53M in Cash & Short Term Investments as of fiscal 2021. There were $1.71B in debt and $321.03M in liabilities at the time. Its Book Value Per Share was $10.73, while its Total Shareholder’s Equity was $1.96B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for EURN is Buy with a score of 3.00.

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