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S&P 500   4,769.83
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US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
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S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
US Navy helicopters fire at Yemen's Houthi rebels and kill several in latest Red Sea shipping attack
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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
Chief Justice Roberts casts a wary eye on the uses of artificial intelligence in the federal courts
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S&P 500   4,769.83
DOW   37,689.54
QQQ   409.52
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A lithium-ion battery fire in a cargo ship's hold is out after several days of burning
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NYSE:OSG

Overseas Shipholding Group (OSG) Stock Price, News & Analysis

$5.27
+0.03 (+0.57%)
(As of 12/29/2023 ET)
Today's Range
$5.14
$5.35
50-Day Range
$4.52
$5.43
52-Week Range
$2.81
$5.50
Volume
533,908 shs
Average Volume
541,625 shs
Market Capitalization
$381.39 million
P/E Ratio
8.50
Dividend Yield
1.14%
Price Target
N/A

Overseas Shipholding Group MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.46% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$602,190 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.81 out of 5 stars

Transportation Sector

92nd out of 115 stocks

Deep Sea Foreign Transportation Of Freight Industry

24th out of 27 stocks


OSG stock logo

About Overseas Shipholding Group Stock (NYSE:OSG)

Overseas Shipholding Group, Inc., together with its subsidiaries, owns and operates a fleet of oceangoing vessels in the United States. Its vessels are engaged in the transportation of crude oil and petroleum products in the United States flag trade. As of December 31, 2022, the company owned or operated a fleet of 21 vessels totaling an aggregate of approximately 1.5 million deadweight tons. It serves independent oil traders, refinery operators, and the United States and international government entities. Overseas Shipholding Group, Inc. was founded in 1948 and is headquartered in Tampa, Florida.

OSG Stock Price History

OSG Stock News Headlines

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Q3 2023 Overseas Shipholding Group Inc Earnings Call
Overseas Shipholding Group Reduces Outstanding Debt
Overseas Shipholding Group Purchases Vessel from BP
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Company Calendar

Last Earnings
11/06/2023
Ex-Dividend for 1/4 Dividend
12/20/2023
Today
12/31/2023
Fiscal Year End
12/31/2023
Dividend Payable
1/04/2024
Next Earnings (Estimated)
3/14/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
1,023
Year Founded
1948

Profitability

Net Income
$26.56 million
Pretax Margin
14.44%

Debt

Sales & Book Value

Annual Sales
$466.80 million
Cash Flow
$1.16 per share
Book Value
$4.02 per share

Miscellaneous

Free Float
66,603,000
Market Cap
$381.39 million
Optionable
Optionable
Beta
0.47

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OSG Stock Analysis - Frequently Asked Questions

How have OSG shares performed in 2023?

Overseas Shipholding Group's stock was trading at $2.89 at the beginning of the year. Since then, OSG shares have increased by 82.4% and is now trading at $5.27.
View the best growth stocks for 2023 here
.

When is Overseas Shipholding Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 14th 2024.
View our OSG earnings forecast
.

How were Overseas Shipholding Group's earnings last quarter?

Overseas Shipholding Group, Inc. (NYSE:OSG) announced its earnings results on Monday, November, 6th. The transportation company reported $0.22 earnings per share for the quarter. The transportation company had revenue of $115.44 million for the quarter. Overseas Shipholding Group had a net margin of 11.39% and a trailing twelve-month return on equity of 15.04%.

How often does Overseas Shipholding Group pay dividends? What is the dividend yield for Overseas Shipholding Group?

Overseas Shipholding Group declared a quarterly dividend on Wednesday, December 6th. Stockholders of record on Thursday, December 21st will be given a dividend of $0.06 per share on Thursday, January 4th. This represents a $0.24 annualized dividend and a dividend yield of 4.55%. The ex-dividend date is Wednesday, December 20th.
Read our dividend analysis for OSG
.

Is Overseas Shipholding Group a good dividend stock?

Overseas Shipholding Group (NYSE:OSG) pays an annual dividend of $0.06 per share and currently has a dividend yield of 1.14%. The dividend payout ratio is 9.68%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for OSG.

How will Overseas Shipholding Group's stock buyback program work?

Overseas Shipholding Group announced that its board has authorized a stock repurchase program on Wednesday, December 6th 2023, which permits the company to repurchase $25,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to reacquire up to 7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its stock is undervalued.

What other stocks do shareholders of Overseas Shipholding Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Overseas Shipholding Group investors own include Overstock.com (OSTK), OPKO Health (OPK), Colony Capital (CLNY), Main Street Capital (MAIN), Teekay Tankers (TNK), Vector Group (VGR), Enphase Energy (ENPH), NVIDIA (NVDA), Pure Storage (PSTG) and Riot Platforms (RIOT).

How do I buy shares of Overseas Shipholding Group?

Shares of OSG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Does Overseas Shipholding Group have any subsidiaries?
The following companies are subsidiares of Overseas Shipholding Group: Akun Island LLC, Alaska Tanker Company, Alaska Tanker Company LLC, Heidmar Lightering Services, Kiska Island LLC, Maritrans General Partner Inc., Maritrans Inc, Maritrans Operating Company L.P., Mykonos Tanker LLC, OSG 204 LLC, OSG 205 LLC, OSG 209 LLC, OSG 242 LLC, OSG 243 LLC, OSG 244 LLC, OSG Alaska LLC, OSG America L.P., OSG America LLC, OSG America Operating Company LLC, OSG Bulk Ships Inc., OSG Columbia LLC, OSG Courageous II LLC, OSG Courageous LLC, OSG Delaware Bay Lightering LLC, OSG Endurance LLC, OSG Financial Corp., OSG Honour LLC, OSG Independence LLC, OSG Maritrans Parent LLC, OSG Product Tankers AVTC LLC, OSG Product Tankers I LLC, OSG Product Tankers II LLC, OSG Product Tankers LLC, OSG Product Tankers Member LLC, OSG Ship Management Inc., Overseas Anacortes LLC, Overseas Boston LLC, Overseas Gulf Coast LLC, Overseas Houston LLC, Overseas Key West LLC, Overseas Long Beach LLC, Overseas Los Angeles LLC, Overseas Martinez LLC, Overseas New York LLC, Overseas Nikiski LLC, Overseas ST Holding LLC, Overseas Sun Coast LLC, Overseas Tampa LLC, Overseas Texas City LLC, Santorini Tanker LLC, Stelmar Shipping, Tagalak Island LLC, and Unimak Island LLC.
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This page (NYSE:OSG) was last updated on 12/31/2023 by MarketBeat.com Staff

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