Scorpio Tankers (NYSE:STNG) Posts Earnings Results, Beats Expectations By $0.43 EPS

Key Points

• Scorpio Tankers beat quarterly expectations: EPS came in at $2.49 versus the $2.06 consensus, while revenue reached $266.47 million, up 10.4% year over year and above estimates.
• The company raised its dividend by 66.7%: The quarterly payout increased to $0.75 per share, or $3.00 annualized, with a yield of approximately 3.2%.
• Shares and analyst sentiment remain strong: Stock reached $94.99 during trading, while several analysts maintained bullish ratings; the average price target is $105.33, though the overall consensus is “Hold.”

Scorpio Tankers (NYSE:STNG - Get Free Report) issued its earnings results on Thursday. The shipping company reported $2.49 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.06 by $0.43, FiscalAI reports. The company had revenue of $266.47 million during the quarter, compared to analyst estimates of $243.98 million. Scorpio Tankers had a return on equity of 16.43% and a net margin of 67.16%. The firm's quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter last year, the business posted $1.49 EPS.

Scorpio Tankers Stock Performance

NYSE STNG traded up $6.27 during mid-day trading on Thursday, reaching $94.99. 1,310,875 shares of the stock were exchanged, compared to its average volume of 1,050,608. The company has a market capitalization of $4.79 billion, a P/E ratio of 5.93 and a beta of -0.17. The company has a debt-to-equity ratio of 0.14, a quick ratio of 6.89 and a current ratio of 6.93. The business's 50 day moving average is $83.09 and its 200-day moving average is $76.41. Scorpio Tankers has a 1 year low of $48.93 and a 1 year high of $94.57.

Scorpio Tankers Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Investors of record on Friday, November 13th will be paid a $0.75 dividend. The ex-dividend date is Friday, November 13th. This represents a $3.00 annualized dividend and a dividend yield of 3.2%. This is an increase from Scorpio Tankers's previous quarterly dividend of $0.45. Scorpio Tankers's dividend payout ratio (DPR) is presently 11.24%.

Scorpio Tankers News Roundup

Here are the key news stories impacting Scorpio Tankers this week:

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Scorpio Tankers reported adjusted earnings of $2.49 per share, above the $2.06 consensus estimate, while revenue rose 10.4% year over year to $266.5 million, ahead of estimates near $244 million. Earnings also increased from $1.49 per share in the year-ago quarter. Scorpio Tankers third-quarter revenue report
• Positive Sentiment: Dividend increased substantially. The board declared a quarterly dividend of $0.75 per share, up 66.7% from $0.45. The new payout implies $3.00 in annual dividends and a yield of approximately 3.4%, signaling confidence in cash generation and potentially attracting income-oriented investors. The ex-dividend date is November 13, with payment scheduled for December 4. Scorpio Tankers financial results and dividend announcement
• Positive Sentiment: Analyst remains bullish. BTIG Research reaffirmed its “buy” rating and set a $110 price target, suggesting additional upside from the recent trading level. BTIG Research recommendations
• Neutral Sentiment: Investors are weighing the company’s cash-rich position and tanker-market outlook. The earnings call and related coverage focused on Scorpio Tankers’ strong results and cash generation, but future performance remains tied to volatile tanker rates and shipping demand. Scorpio Tankers stock and cash discussion

Analyst Ratings Changes

A number of research firms recently commented on STNG. Jefferies Financial Group reaffirmed a "buy" rating and set a $100.00 target price on shares of Scorpio Tankers in a report on Tuesday, August 4th. BTIG Research reissued a "buy" rating and set a $110.00 price target on shares of Scorpio Tankers in a research report on Wednesday. Wall Street Zen cut shares of Scorpio Tankers from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, July 14th. Evercore reaffirmed an "outperform" rating and issued a $97.00 price objective on shares of Scorpio Tankers in a report on Tuesday. Finally, Zacks Research cut shares of Scorpio Tankers from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 30th. Five research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $105.33.

Insiders Place Their Bets

In other Scorpio Tankers news, insider Auste Adelborg sold 6,834 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $89.64, for a total transaction of $612,599.76. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Cameron Mackey sold 125,000 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $89.03, for a total value of $11,128,750.00. Following the transaction, the chief operating officer owned 739,531 shares in the company, valued at $65,840,444.93. This represents a 14.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 420,133 shares of company stock valued at $36,611,311 over the last quarter. Insiders own 7.34% of the company's stock.

About Scorpio Tankers

Scorpio Tankers Inc is a marine transportation company that owns, operates and manages a fleet of product tankers. The company primarily transports refined petroleum products, including gasoline, diesel, jet fuel and heating oil, as well as petrochemical feedstocks and other liquid products.

Its fleet has historically included medium-range, handymax and long-range product tankers, allowing Scorpio Tankers to serve both regional and long-haul trade routes. The company's vessels transport cargoes between major refining, storage and consumption centers across international markets, supporting energy companies, commodity traders and other commercial customers.

Scorpio Tankers was established in 2009 and is incorporated in the Marshall Islands, with corporate operations based in Monaco.

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