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The latest update is out from International Seaways ( (INSW) ).
International Seaways reported strong first-quarter 2026 results on May 7, 2026, posting net income of $286 million, or $5.75 per diluted share, versus $50 million a year earlier, driven by sharply higher spot earnings across both crude and product fleets and $88 million of gains on vessel sales. Shipping revenues jumped to $325 million from $183 million, adjusted EBITDA rose to $244 million from $91 million, and total liquidity reached about $918 million with net loan-to-value below 7%, underscoring a robust balance sheet.
The board on May 6, 2026 declared the largest quarterly payout in the company’s history, a combined dividend of $4.55 per share to be paid on June 26, 2026, after already distributing $2.15 per share in March and surpassing $1 billion returned to shareholders since 2020. Management raised its dividend payout ratio to 85% of adjusted net income with an extra discretionary element, while executing a fleet optimization program that included selling seven older vessels for $216 million and taking delivery of two new LR1 product tankers, moves aimed at strengthening long-term returns and reinforcing its position in a geopolitically tight tanker market.
The most recent analyst rating on (INSW) stock is a Buy with a $90.00 price target. To see the full list of analyst forecasts on International Seaways stock, see the INSW Stock Forecast page.
Spark’s Take on INSW Stock
According to Spark, TipRanks’ AI Analyst, INSW is a Outperform.
The score is driven by attractive valuation (low P/E and strong dividend yield) and a positive earnings-call outlook highlighting strong near-term cash generation and liquidity. Offsetting these positives, the financial statements show a material TTM deterioration in revenue/margins and especially cash flow, which raises durability and volatility risk despite a strengthened balance sheet.
To see Spark’s full report on INSW stock, click here.
More about International Seaways
International Seaways, Inc., listed on the NYSE under the ticker INSW, is one of the world’s largest tanker operators, providing marine transportation services for crude oil and refined petroleum products. The New York-based company runs a diversified fleet of crude tankers and product carriers, and also offers commercial management of very large crude carriers and Suezmax vessels through Tankers International.
Average Trading Volume: 590,329
Technical Sentiment Signal: Buy
Current Market Cap: $4.25B
See more data about INSW stock on TipRanks’ Stock Analysis page.