Quite substantial dividend return Euronav

Quite high dividend Euronav

Based on the recent analyst estimates Euronav now has one of the highest dividend returns of the Belgian stock exchange.

Per share a dividend of 1,01 euros is expected. The dividend yield consequently equals 13,95 percent. The average dividend of the marine transportation company equals 4,57 percent.

Next monday the Belgian Euronav will report her results over the past quarter. For this year the consensus of the revenue equals 688 million euros. This is hugely lower than the 2015's revenue of 846,51 million euros.

Historical revenues and results Euronav plus taxations 2016

The analysts expect for 2016 a net profit of 189 million euros. For this year most of the analysts expect a profit per share of 1,19 euros. With these estimates the PE-ratio equals 6,08.

Most recent target prices around 10 euros

Euronav is being covered by 7 analysts (only based on fundamental analysis). The average target price for the stock is at 12,2 euros. This is around 69 percent more than the current stock price of 7,24 euros. The 3 most recent recommendations for Belgian were provided by ING (buy, 8,20 euros), Morgan Stanley (hold, without target price) and DeGroof Petercam (buy, 12,00 euros).

Based on the number of outstanding shares Euronav 's market capitalization equals 1,15 billion euros.

The stock traded at 11.39 0,64 percent higher at 7,24 euros.

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