Euronav NV (NASDAQ:eurn) announced a dividend on Wednesday, May 3rd, NASDAQ reports. Investors of record on Tuesday, May 23rd will be paid a dividend of 0.22 per share by the shipping company on Wednesday, May 31st. The ex-dividend date of this dividend is Monday, May 22nd.
Shares of Euronav NV (EURN) traded up 0.69% during midday trading on Friday, hitting $7.25. The company had a trading volume of 571,741 shares. Euronav NV has a one year low of $6.65 and a one year high of $9.68. The firm has a market cap of $1.15 billion and a price-to-earnings ratio of 9.19. The company’s 50 day moving average is $7.65 and its 200 day moving average is $7.84.
Euronav NV (NASDAQ:EURN) last announced its quarterly earnings results on Wednesday, April 26th. The shipping company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.04. The company had revenue of $164.16 million during the quarter, compared to analyst estimates of $153.13 million. Equities analysts forecast that Euronav NV will post $1.88 earnings per share for the current fiscal year.
A number of brokerages have weighed in on EURN. ValuEngine cut Euronav NV from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research raised Euronav NV from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 27th. Finally, Credit Suisse Group reissued an “outperform” rating on shares of Euronav NV in a research report on Wednesday, February 22nd. Three research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Euronav NV currently has an average rating of “Buy” and an average price target of $10.13.
Several institutional investors have recently bought and sold shares of the company. Parametric Portfolio Associates LLC boosted its position in Euronav NV by 88.2% in the first quarter. Parametric Portfolio Associates LLC now owns 28,265 shares of the shipping company’s stock valued at $223,000 after buying an additional 13,247 shares in the last quarter. Dimensional Fund Advisors LP acquired a new position in Euronav NV during the first quarter valued at $233,000. Renaissance Technologies LLC acquired a new position in Euronav NV during the first quarter valued at $285,000. Morgan Stanley boosted its position in Euronav NV by 2.9% in the first quarter. Morgan Stanley now owns 524,025 shares of the shipping company’s stock valued at $4,140,000 after buying an additional 14,688 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Euronav NV by 3.5% in the first quarter. Vanguard Group Inc. now owns 2,671,573 shares of the shipping company’s stock valued at $21,105,000 after buying an additional 91,190 shares in the last quarter.
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