Hafnia (HAFN) Expected to Announce Earnings on Thursday

Hafnia (NYSE:HAFN - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Thursday, May 15th. Analysts expect Hafnia to post earnings of $0.14 per share and revenue of $250.80 million for the quarter.

Hafnia Stock Performance

HAFN stock traded up $0.08 during midday trading on Monday, hitting $5.12. 1,068,733 shares of the company traded hands, compared to its average volume of 1,811,267. The stock has a market capitalization of $2.59 billion and a price-to-earnings ratio of 3.01. Hafnia has a twelve month low of $3.61 and a twelve month high of $8.99. The company has a quick ratio of 1.52, a current ratio of 1.70 and a debt-to-equity ratio of 0.34. The business has a 50 day simple moving average of $4.35 and a 200-day simple moving average of $5.02.

Hafnia Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 18th. Shareholders of record on Friday, March 7th were issued a $0.0294 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date was Friday, March 7th. Hafnia's dividend payout ratio (DPR) is currently 7.28%.

Analyst Upgrades and Downgrades

Separately, Fearnley Fonds upgraded Hafnia to a "strong-buy" rating in a research note on Tuesday, May 6th.

Hafnia Company Profile

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments. The company transports clean and dirty, refined oil products, vegetable oil, and easy chemicals to national and international oil companies, and chemical companies, as well as trading and utility companies; and owns and operates 200 vessels.