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INSWInternational Seaways, Inc.Buy Wait6.9·$85.26+3.47%
Buy WaitModerate Confidence
Investment thesis

International Seaways has compounded strong operational results — 27% return on equity, 55% margins, a Piotroski F-Score of 8 out of 9, and four consecutive earnings beats averaging 25.8% upside — into a stock price of $81.41 that has now exceeded the analyst price target of $80.95; with no positive upside remaining to the target and free cash flow converting at only 3% of net income, the original entry setup has been fully captured and patience is warranted for a pullback or a target revision before redeploying.

Thesis pillars

  • Price Above Analyst TargetStable
  • Fcf Earnings DivergenceStable
  • Earnings Beat ConsistencyStable
  • +2 more pillars — see the Why tab for full reasoning

Full reasoning →

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International Seaways, Inc. (INSW) Stock Analysis

Buy WaitVALUE-TRAP 1/5Moderate Confidence

Energy · Oil & Gas Midstream

Wait for pullback to $80.26. Weak momentum — blocks BUY_NOW at $85.26. Engine's entry $80.26 (Ma50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: Crude Tankers segment (52.0%); Analyst target reached - limited upside remaining.

International Seaways owns 70 oceangoing tankers (8.4 million dwt) for crude oil and petroleum product transportation, organized into Crude Tankers (VLCC, Suezmax, Aframax) and Product Carriers (LR2, LR1, MR) segments. The company generated $843.3 million in shipping revenues in... Read more

$85.26+11.6% A.UpsideScore 6.9/10#4 of 46 Oil & Gas Midstream
QualityF-score8 / 9FCF yield0.41%
IncomeYield4.73%(5y avg 4.90%)Payout39.89%sustainable
Entry $80.26(Ma50 Sticky)Stop $71.89Target $88.94(resistance)A.R:R -0.4:1
Analyst target$92.83+8.9%6 analysts
$88.94our TP
$85.26price
$92.83mean
$56
$120

Wait for pullback to $80.26. Weak momentum — blocks BUY_NOW at $85.26. Engine's entry $80.26 (Ma50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: Crude Tankers segment (52.0%); Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Fundamentals strong but target reached (-5.3% upside). Wait for pullback. Score 6.9/10, moderate confidence.

Passes 7/9 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 30d clear, semi cycle peak clear, materials cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.

10-K grounded · weekly refresh

About International Seaways, Inc.

About International Seaways, Inc.

International Seaways generated $843.3 million in shipping revenues in 2025, with Crude Tankers contributing 52% and Product Carriers 48% of $819.6 million in TCE revenues, across a fleet of 70 vessels totaling 8.4 million deadweight tons at December 31, 2025. Approximately 82% of TCE revenues in 2025 came from the spot market, down from 86% in 2024, as the company selectively added time charter coverage. Four dual-fuel ready LR1 newbuilds at K Shipbuilding Co., Ltd. are contracted for delivery between Q1 and Q3 2026, bringing the total operating and newbuild fleet to 74 vessels.

International Seaways earns revenue primarily through six commercial pools—Tankers International for VLCCs, Maersk Tankers Suezmax Pool for Suezmaxes, Panamax International for LR1s, Clean Products Tankers Alliance, Norden Tanker Pool, and Aframax International Pool—which aggregate vessel earnings and distribute TCE revenues to participants. Time charters on three VLCCs, two Suezmaxes, one Aframax, one LR2, and six MRs expiring between 2026 and 2030 provide some fixed-rate revenue visibility. The Crude Tankers Lightering business supplements fleet revenue through ship-to-ship cargo transfer services in the US Gulf, US Pacific, Grand Bahama, and Panama regions. In 2025, the company sold 12 vessels for net proceeds of approximately $246.3 million and took delivery of two LR1 newbuilds; total liquidity stood at $723.6 million at year-end, with a net loan-to-value ratio of 12.9%.

Show full overview

With 82% of revenues tied to spot rates in 2025, International Seaways' earnings are subject to volatile charter rate cycles. Geopolitical disruptions—including the Russia-Ukraine conflict and Houthi militant attacks in the Red Sea that rerouted cargo flows—elevated tanker demand in 2023 and 2024, which remained supportive in 2025, but the 10-K cautions there is no certainty when these conditions will normalize. The newbuilding order book across all tanker classes represented approximately 17% of the world tanker fleet at December 31, 2025, up from 14% at year-end 2024, which may put downward pressure on spot charter rates as new vessels enter service.

See also: Energy · Oil & Gas Midstream

From International Seaways, Inc.'s most recent 10-K filing, extracted June 10, 2026.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-07-07
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Aug 5, 202630d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (4/4)
High-quality business
Attractive valuation
Risks
Concentration risk — Product: Crude Tankers segment (52.0%)
Analyst target reached - limited upside remaining

Key Metrics

P/E (TTM)7.5
P/E (Fwd)12.8
Mkt Cap$4.1B
EV/EBITDA7.6
Profit Mgn55.3%
ROE26.9%
Rev Growth78.5%
Beta-0.10
Dividend4.73%
Rating analysts14

Quality Signals

Piotroski F8/9MoatWideCompounder

Options Flow

P/C0.06bullish
IV66%elevated

Concentration Risks(10-K Item 1A)

  • HIGHProductCrude Tankers segment52%
    10-K Item 1: 'Approximately 52% of our TCE Revenues were generated from our Crude Tankers segment'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

1 ceiling hit

GatesA.R:R -0.4=NEGATIVEMomentum 5.3<5.5 (soft — BUY_NOW allowed but watch)Momentum 5.3>=4.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 30d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSuitability: Aggressive
RSI
55 · Neutral
20D MA 50D MA 200D MAGOLDEN CROSSSupport $73.66Resistance $90.75

Price Targets

$72
$80
$89
A.Upside+4.3%
A.R:R-0.4:1

Position Sizing

ConvictionHigh conviction
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-5.3% upside)
! Negative risk/reward — downside exceeds upside

Earnings

B
B
B
B
4/4 beats
Next Earnings2026-08-05 (30d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is INSW stock a buy right now?

Wait for pullback to $80.26. Weak momentum — blocks BUY_NOW at $85.26. Engine's entry $80.26 (Ma50 Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Concentration risk — Product: Crude Tankers segment (52.0%); Analyst target reached - limited upside remaining. Chart setup: No clear chart pattern; technical signals are mixed. Fundamentals strong but target reached (-5.3% upside). Wait for pullback. Target $88.94 (+4.3%), stop $71.89 (−18.6%), A.R:R -0.4:1. Score 6.9/10, moderate confidence.

What is the INSW stock price target?

Take-profit target: $88.94 (+11.6% upside). Target $88.94 (+4.3%), stop $71.89 (−18.6%), A.R:R -0.4:1. Stop-loss: $71.89.

What are the risks of investing in INSW?

Concentration risk — Product: Crude Tankers segment (52.0%); Analyst target reached - limited upside remaining.

Is INSW overvalued or undervalued?

International Seaways, Inc. trades at a P/E of 7.5 (forward 12.8). TrendMatrix value score: 7.8/10. Verdict: Buy (Wait for Entry).

What do analysts say about INSW?

14 analysts cover INSW with a consensus score of 4.2/5. Average price target: $93.

What does International Seaways, Inc. do?International Seaways owns 70 oceangoing tankers (8.4 million dwt) for crude oil and petroleum product transportation,...

International Seaways owns 70 oceangoing tankers (8.4 million dwt) for crude oil and petroleum product transportation, organized into Crude Tankers (VLCC, Suezmax, Aframax) and Product Carriers (LR2, LR1, MR) segments. The company generated $843.3 million in shipping revenues in 2025, with 82% of TCE revenues from the spot market through six commercial pools; four LR1 newbuilds are scheduled for delivery in 2026.

Related stocks: TEN (Tsakos Energy Navigation Ltd) · LPG (Dorian LPG Ltd.) · STNG (Scorpio Tankers Inc.) · DHT (DHT Holdings, Inc.) · TNK (Teekay Tankers Ltd.)
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