INSW · International Seaways, Inc.
$98.81
-0.45 (-0.45%)
At close · Aug 28
View the 10-Q filed May 7, 2026
Customer concentration
— key customers 88% of receivables
Key customers — 88% of receivables (March 31, 2026)
“The pools in which the Company participate accounted in aggregate for 88% and 95% of consolidated voyage receivables at March 31, 2026 and December 31, 2025, respectively.”
Key customers — 95% of receivables (December 31, 2025)
“The pools in which the Company participate accounted in aggregate for 88% and 95% of consolidated voyage receivables at March 31, 2026 and December 31, 2025, respectively.”
Market Cap
$4.92B
Shares
49.53M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$98.81
Open$99.28
Day$98.41–101.20
52W close$43.29–99.95
Avg vol 30d510K
Short int2.7M · 5.5% float · 4.9d
Short vol73%
Last earningsAug 10, 2026
DataJan 2020–Aug 2026
Filing10-Q · Aug 10
Up next
Next earnings call
Nov 12, 2026
Est · unconfirmed
· in 11 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 10, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Very Strong
Sentiment
Neutral
Fundamentals
Fair
Quant / Vol
Moderate
Market backdrop
VIX 14.4 · calm
Equity put/call 0.62
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+36%
above
Price vs 50-day avg
+9%
above
RSI (14)
58
neutral
MACD trend
Negative
52-week position
98%
near high
Momentum
relative strength
1-month return
+3%
trailing
6-month return
+30%
trailing
YTD return
+104%
this year
Relative strength
+17%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $91 › 200d $73 — 50d above 200d
Institutional flow
Accumulating
+10% holders QoQ · +80 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
5.45% of float · ▲ +26.0% MoM · 4.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
367 holders — near 3-yr high, broad support
Squeeze score
73
high risk · 0–100
Fundamentals
Revenue growth
−11%
Y/Y
EPS growth
−26%
Y/Y
Free cash flow
$260.6M
Valuation
P/E 6.4
below peers
Buyback
$50.0M
authorized
Balance sheet
$450.2M
net debt
Quant / Vol
risk profile
Volatility
39%
annualized · 1-yr
Max drawdown
−16%
past year
ATR
3.6%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Dec 31, 2024
Payout ratio
· future
75%
Prior guidance
period ended
· from the Earnings Call filed Feb 29, 2024
Blended average Spot TCE
· first quarter 2024
$43,500
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+36%
Bullish
Price vs 50-day avg
+9%
Bullish
RSI (14)
58
Neutral
MACD trend
Negative
Bearish
52-week position
98%
Bullish
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $91 › 200d $73 — 50d above 200d
Institutional flow
Accumulating
+10% holders QoQ · +80 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
5.45% of float · ▲ +26.0% MoM · 4.9 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
367 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $43
Now $99 · 98%
Range high $100
vs 200-day avg +36%
vs 50-day avg +9%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $345M | second quarter 2026 | — |
|
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GAAP → non-GAAP reconciliationGAAP EBITDA 345.17M
+43K Loss/(gain) on disposal of vessels and other assets, net
+0K Holding gain on previously held equity interest
= Adjusted EBITDA 345.22M
|
|||
| Adjusted income from vessel operations (Crude Tankers Lightering) non-GAAP | $5.9M | Three Months Ended June 30, 2026 filing | — |
| Adjusted income from vessel operations (Product Carriers) non-GAAP | $124.53M | Three Months Ended June 30, 2026 filing | — |
| Adjusted net income non-GAAP | $295M | second quarter 2026 | — |
|
|
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GAAP → non-GAAP reconciliationGAAP Net income 294.93M
+43K Loss/(gain) on disposal of vessels and other assets, net
+0K Holding gain on previously held equity interest
= Adjusted Net Income 294.97M
|
|||
| Average daily TCE rate (Product Carriers) | $56,226 | Three Months Ended June 30, 2026 filing | — |
| Average number of owned vessels (Product Carriers) | 32.8 | Three Months Ended June 30, 2026 filing | — |
| Average number of vessels chartered-in | 4.3 | the three months ended June 30, 2026 filing | — |
| Average TCE Rate (Aframax Fixed) | $38,501 | Three Months Ended June 30, 2026 | — |
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| Average TCE Rate (Aframax LR2 Fixed) | $39,445 | Three Months Ended June 30, 2026 | — |
|
|
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| Average TCE Rate (Aframax Spot) | $69,127 | Three Months Ended June 30, 2026 | — |
|
|
|||
| Average TCE Rate (Suezmax Fixed) | $37,854 | Three Months Ended June 30, 2026 | — |
|
|
|||
| Average TCE Rate (Suezmax Spot) | $100,543 | Three Months Ended June 30, 2026 | — |
|
|
|||
| Average TCE Rate (VLCC Fixed) | $214,216 | Three Months Ended June 30, 2026 | — |
|
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| Average TCE Rate (VLCC Spot) | $118,883 | Three Months Ended June 30, 2026 | — |
|
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| EBITDA non-GAAP | $345.17M | Three Months Ended June 30, 2026 | — |
|
|
|||
GAAP → non-GAAP reconciliationGAAP Net income 294.93M
-1K Income tax benefit
+10.56M Interest expense
+39.69M Depreciation and amortization
= EBITDA 345.17M
|
|||
| Free cash flow non-GAAP | $261M | second quarter 2026 | — |
GAAP → non-GAAP reconciliationGAAP Net cash from operating activities 267.68M
-1.02M Repayments of debt
-5.36M Payments on sale and leaseback
-52.22M Expenditures for vessels
-67K Expenditures for other property
+51.65M Less: payments for acquiring vessels
= Free cash flow 260.66M
|
|||
| Net loan-to-value non-GAAP | 6% | as of June 30, 2026 | — |
| Number of Revenue Days (Aframax Fixed) | 91 | Three Months Ended June 30, 2026 filing | — |
| Number of Revenue Days (Aframax LR2 Fixed) | 73 | Three Months Ended June 30, 2026 filing | — |
| Number of Revenue Days (Aframax LR2) | 73 | Three Months Ended June 30, 2026 | — |
|
|
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| Number of Revenue Days (Aframax Spot) | 264 | Three Months Ended June 30, 2026 filing | — |
| Number of Revenue Days (Aframax) | 355 | Three Months Ended June 30, 2026 | — |
|
|
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| Number of revenue days (Product Carriers) | 3,216 | Three Months Ended June 30, 2026 filing | — |
| Number of Revenue Days (Suezmax Fixed) | 273 | Three Months Ended June 30, 2026 filing | — |
| Number of Revenue Days (Suezmax Spot) | 890 | Three Months Ended June 30, 2026 filing | — |
| Number of Revenue Days (Suezmax) | 1,163 | Three Months Ended June 30, 2026 | — |
|
|
|||
| Number of Revenue Days (VLCC Fixed) | 274 | Three Months Ended June 30, 2026 filing | — |
| Number of Revenue Days (VLCC Spot) | 522 | Three Months Ended June 30, 2026 filing | — |
| Number of Revenue Days (VLCC) | 796 | Three Months Ended June 30, 2026 | — |
|
|
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| Revenue days | 5,446 | Q2 2026 | — |
|
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| Service support-only lighterings performed | 133 | Three Months Ended June 30, 2026 filing | — |
| Time charter equivalent revenues non-GAAP | $434.19M | Three Months Ended June 30, 2026 | — |
|
|
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GAAP → non-GAAP reconciliationGAAP Shipping revenues 467.29M
-33.1M Less: Voyage expenses
= Time charter equivalent revenues 434.19M
|
|||
| Total adjusted income from vessel operations of all segments non-GAAP | $315.68M | Three Months Ended June 30, 2026 filing | — |
| Total Crude Tankers Revenue Days | 2,314 | Three Months Ended June 30, 2026 | — |
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| Total liquidity | $935M | as of June 30, 2026 | — |
| Total Newbuild Fleet | 6 | As of August 1, 2026 | — |
| Total Operating and Newbuild Fleet | 70 | As of August 1, 2026 | — |
| Total Operating Fleet | 64 | As of August 1, 2026 | — |
| Total Product Carriers Revenue Days | 3,132 | Three Months Ended June 30, 2026 | — |
| Total Revenue Days | 5,446 | Three Months Ended June 30, 2026 | — |
| Vessels spot chartered-in under leases | 12 | Three Months Ended June 30, 2026 filing | — |
| Adjusted net income per diluted share non-GAAP | $3.9 | first quarter 2026 | — |
|
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| Average duration of time charter agreements | 1.4 | as of April 1, 2026 | — |
| Cash | $377M | as of March 31, 2026 | — |
| Combined dividend declared per share | $4.55 | second quarter 2026 | — |
| Gain on vessel sales | $88M | first quarter 2026 | — |
| Payout ratio | 85% | first quarter 2026 | — |
| Regular quarterly dividend declared per share | $0.12 | second quarter 2026 | — |
| Share repurchase program authorization remaining | $50M | first quarter 2026 | — |
| Supplemental dividend declared per share | $4.43 | second quarter 2026 | — |
| Total dividends paid per share (March 2026) | $2.15 | first quarter 2026 | — |
| Total future contracted revenues through expiry (time charter) | $223M | as of April 1, 2026 | — |
| Undrawn revolving credit capacity | $541M | as of March 31, 2026 | — |
| Vessel sales proceeds | $216M | first quarter 2026 | — |
| Vessels on time charter agreements | 14 | as of April 1, 2026 | — |
| Newbuild Fleet | 4 | As of December 31, 2025 | — |
| Unencumbered vessels | 31 | as of December 31, 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Midstream — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
INSW
this stock
International Seaways, Inc.
|
$4.92B | +103.5% | -11.4% | 6.4 | 5.5% |
|
ENB
Enbridge Inc
|
$109.07B | +5.0% | — | — | 3.2% |
|
WMB
Williams Companies, Inc.
|
$90.18B | +22.7% | +13.8% | 29.4 | 2.0% |
|
EPD
Enterprise Products Partners L.P.
|
$84.33B | +21.7% | -6.4% | — | 0.9% |
|
ET
Energy Transfer LP
|
$73.62B | +29.2% | +3.5% | — | 0.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| INSW | -0.7% | +2.7% | +30.4% | +2.7% | +103.5% |
| SPY | +0.5% | +3.0% | +13.4% | +3.0% | +12.8% |
| vs SPY | -1.2% | -0.3% | +17.0% | -0.3% | +90.7% |
Capital returns
Latest dividend
$4.55
/ share · ex Jun 12, 2026
Declared · upcoming
$5.05
/ share · ex Sep 10, 2026
Paid (TTM)
$8.33
/ share · 4 payouts
Dividend yield (TTM, derived)
8.43%
Buyback program
· as of Aug 10, 2026
Authorized
$50.00M
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1679049
CUSIP
Y41053102
13F (30d)
282 filings
279 filers
Visit website
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