BTIG Reiterates Buy Rating on International Seaways, Inc.
BTIG maintains its buy rating on International Seaways, Inc. with a $100 price target, a 22.71% upside from the current price.
Key Points
- BTIG reiterated its buy rating on International Seaways, Inc. (INSW) with a $100 price target as of June 24, 2026.
- BTIG's $100 price target implies 22.71% upside from International Seaways, Inc.'s ($INSW) current $81.49 share price.
- Shares traded near $87.72 on Friday, with a market cap of about $4.03 billion and a P/E ratio of 7.42.
- Institutional investors like BlackRock and FMR LLC increased their positions, while Vanguard opened new stakes.
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BTIG reiterated its buy rating on International Seaways, Inc. (NYSE: INSW) on June 24, 2026. The firm set a price target of $100, signaling confidence in the company's growth prospects. Shares of International Seaways traded near $87.72 on Friday.
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International Seaways, Inc. Stock Down 17.5%
Shares of NYSE:INSW traded around $87.72 on Friday. The company boasts a market cap of approximately $4.03 billion, with a P/E ratio of 7.42 and a forward P/E of 12.65. The stock has seen a 52-week low of $36.03 and a high of $92.66. Its 50-day moving average is $82.43, while the 200-day moving average stands at $63.10. With a current ratio of 7.34 and a quick ratio of 7.11, International Seaways maintains solid liquidity.
$INSW price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Other Institutional Activity in International Seaways
Institutional investors have shown varied interest in International Seaways. BlackRock, Inc. increased its holdings by 127,973 shares, bringing its total to 6,266,672 shares valued at about $456.7 million, a 2.1% increase. FMR LLC also boosted its stake by 268,198 shares, now holding 4,937,800 shares worth roughly $359.9 million, marking a 5.7% increase. Dimensional Fund Advisors LP added 52,743 shares, ending with 3,024,755 shares valued at $220.4 million, reflecting a 1.8% increase. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both initiated new positions, acquiring 2,084,900 and 2,080,181 shares worth $151.9 million and $151.6 million, respectively.
Insider Buying and Selling at International Seaways, Inc.
Recent insider activity at International Seaways includes planned sales by SVP & CFO Jeffrey Pribor, who sold 1,000 shares at an average price of $81.68 on June 15, 2026, and President & CEO Lois Zabrocky, who sold 2,000 shares at $81.34 on the same day. On June 8, 2026, Senior Vice President Derek Solon purchased 5,286 shares, while Vice President & Controller Adewale Oshodi bought 1,508 shares. Additionally, David Greenberg and Randee Day each acquired 1,842 shares.
Analysts Set New Price Targets
On June 24, 2026, BTIG maintained its buy rating on International Seaways with a price target of $100. Previously, on April 24, 2026, Jefferies initiated coverage with a buy rating and a $90 target. The consensus among analysts is a strong buy, with a mean target price of $92.83 based on six analyst opinions.
About International Seaways, Inc.
International Seaways, Inc. operates a fleet of oceangoing vessels that transport crude oil and petroleum products globally. The company functions in two main segments: Crude Tankers and Product Carriers, managing a fleet of 70 vessels, including VLCCs, Suezmaxes, and Aframaxes. Headquartered in New York, NY, and led by CEO Lois K. Zabrocky, the company employs around 2,837 people. It provides ship-to-ship lightering support and full-service lightering, serving independent and state-owned oil companies, traders, and refineries.
Bottom Line
BTIG's reiterated buy rating and $100 price target underscore its positive outlook on International Seaways. Investors track these ratings for insights into future stock performance. Institutional activity and insider transactions provide additional context on market sentiment. As always, remember that 13F filings and analyst ratings are backward-looking and may not reflect current positions or future performance.
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