International Seaways, Inc. (INSW)
NYSEEnergyMarine ShippingSnapshot 2026-09-04
$104.50+2.21%
Close 2026-09-04 · 1-day change
NYSEEnergyMarine ShippingSnapshot 2026-09-04
QuarterlyIQ Insights · INSW
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -7.5% |
| Our one-year growth estimate | diamond | -22.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 14.6 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 3 industry peers · Company calendar date is not available
INSW — dividend update
Dated 2026-08-10
Regulation FD Disclosure of Form 8-K. This information is not deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 and is not incorporated by reference into any Securities Act of 1933 registration statements. On August 7, 2026, INSW’s Board of Directors declared a quarterly dividend of $5.05 per share of common stock payable in the third quarter of 2026. Such dividend is payable on September 24, 2026 to shareholders of record at the close of business on S…
Why it matters: A drop in net income shows weaker performance after strong results in Q2.
Worry ifQ3 2026 net income reported below $295 million.
Less concerning ifQ3 2026 net income remains at or above $295 million.
Why it matters: Delivering the new ships will affect fleet size and future earnings.
Supportive ifBoth ships are delivered on time. This increases fleet capacity.
Worry ifDelivery is delayed or canceled. This affects future revenue.
Why it matters: Growth in shipping revenue shows strong market conditions. It also shows good fleet management.
Supportive ifQ3 2026 shipping revenues exceed $467 million, the amount reported for Q2 2026.
Worry ifQ3 2026 shipping revenues fall below $467 million.
Why it matters: A higher dividend payout would show strong cash flow and commitment to shareholders. This aligns with management's priority to increase dividends.
Supportive ifThe company will raise its dividend above the current $4.55 per share.
Worry ifThe company maintains or cuts the dividend payout from the current $4.55 per share.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$174 on $10,000 · ±1.7% | How much price usually moves either way. |
| Bad day | $324 loss on $10,000 · 3.2% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,640 loss on $10,000 · 16.4% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Successful sales would prove the fleet strategy works. This would also improve cash flow.
Supportive ifThe company sells five vessels for about $185 million.
Worry ifThe company fails to close the vessel sales by the end of Q2 2026.
Why it matters: A lower payout ratio shows a change in how money is spent, moving away from shareholders.
Worry ifDividend payout ratio is below 85% of adjusted net income.
Less concerning ifPayout ratio remains at or above 85% of adjusted net income.
Why it matters: New vessel deliveries will affect fleet size and future earnings. Timely deliveries help growth.
Supportive ifAll remaining two LR1 vessels will be delivered by September 2026. This boosts fleet capacity.
Worry ifDelays in vessel deliveries will push back expected revenue growth.
Why it matters: Selling older vessels helps optimize the fleet and brings in cash. This shows strong market conditions.
Supportive ifThe company has announced more vessel sales. These sales brought in over $200 million.
Worry ifNo new vessel sales are announced. This may show a slowdown in fleet optimization.
Why it matters: The sale of older vessels and acquisition of new ones can improve profitability. This strategy is key for long-term growth.
Supportive ifCompletion of sales of at least five vessels for over $185 million.
Worry ifNo major vessel sales were announced or completed by Q3 2026.
Why it matters: Changes in the loan-to-value ratio will indicate financial health and leverage. A low ratio shows strong balance sheet management.
Supportive ifNet loan-to-value ratio remains below 6% in Q3 2026.
Worry ifNet loan-to-value ratio rises above 6% in Q3 2026.
Why it matters: The $4.55 dividend shows the company wants to return cash to shareholders.
Supportive ifThe company paid the dividend as planned. This shows strong cash generation.
Worry ifThe dividend payment is delayed or cut. This raises concerns about cash flow.
Why it matters: The dividend amount will show if the company maintains its strong return to shareholders. A high dividend signals ongoing financial strength.
Supportive ifA quarterly dividend is set at over $5.05 per share.
Worry ifA quarterly dividend is set at under $5.05 per share.
Why it matters: The delivery shows progress in fleet optimization. It helps future earnings.
Supportive ifBoth LR1 newbuildings are delivered by the end of Q3 2026.
Worry ifDelivery of either LR1 newbuilding is delayed beyond Q3 2026.
Why it matters: TCE revenue growth shows strong market conditions. It shows the company can use good rates.
Supportive ifTCE revenues grow year over year by more than 20%.
Worry ifTCE revenues decline or grow less than 10% year over year.