Scorpio Tankers Inc. (NYSE:STNG - Free Report) - Analysts at B. Riley increased their Q2 2025 earnings per share (EPS) estimates for Scorpio Tankers in a research note issued on Wednesday, July 9th. B. Riley analyst L. Burke now forecasts that the shipping company will earn $0.68 per share for the quarter, up from their previous forecast of $0.41. The consensus estimate for Scorpio Tankers' current full-year earnings is $5.29 per share. B. Riley also issued estimates for Scorpio Tankers' FY2026 earnings at $4.21 EPS.
Scorpio Tankers (NYSE:STNG - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The shipping company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.32. Scorpio Tankers had a return on equity of 12.30% and a net margin of 48.08%. The business had revenue of $204.20 million during the quarter, compared to analyst estimates of $205.89 million. During the same period in the prior year, the company earned $3.97 earnings per share. Scorpio Tankers's revenue was down 45.3% compared to the same quarter last year.
Several other brokerages have also recently weighed in on STNG. Fearnley Fonds upgraded Scorpio Tankers from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, May 6th. Jefferies Financial Group reiterated a "buy" rating and issued a $65.00 price target on shares of Scorpio Tankers in a research report on Thursday, May 1st. Finally, Evercore ISI reduced their price target on Scorpio Tankers from $60.00 to $57.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $60.50.
View Our Latest Analysis on Scorpio Tankers
Scorpio Tankers Stock Performance
Shares of NYSE STNG traded down $0.19 during mid-day trading on Friday, hitting $45.36. The company had a trading volume of 1,962,793 shares, compared to its average volume of 955,819. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 4.47 and a beta of -0.04. Scorpio Tankers has a 1 year low of $30.63 and a 1 year high of $79.00. The company has a current ratio of 4.20, a quick ratio of 4.12 and a debt-to-equity ratio of 0.30. The stock's 50-day moving average price is $41.38 and its 200-day moving average price is $42.24.
Institutional Investors Weigh In On Scorpio Tankers
Several large investors have recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. lifted its stake in Scorpio Tankers by 598.3% during the second quarter. Assenagon Asset Management S.A. now owns 357,120 shares of the shipping company's stock worth $13,974,000 after purchasing an additional 305,978 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in Scorpio Tankers during the second quarter worth about $920,000. Pallas Capital Advisors LLC bought a new stake in Scorpio Tankers during the second quarter worth about $384,000. Parallel Advisors LLC lifted its stake in Scorpio Tankers by 629.8% during the second quarter. Parallel Advisors LLC now owns 1,934 shares of the shipping company's stock worth $76,000 after purchasing an additional 1,669 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in Scorpio Tankers by 10.7% during the first quarter. Rhumbline Advisers now owns 84,174 shares of the shipping company's stock worth $3,163,000 after purchasing an additional 8,170 shares during the last quarter. Institutional investors own 54.64% of the company's stock.
Scorpio Tankers Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Investors of record on Friday, May 30th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.53%. The ex-dividend date of this dividend was Friday, May 30th. Scorpio Tankers's dividend payout ratio is 15.76%.
About Scorpio Tankers
(
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Scorpio Tankers Inc, together with its subsidiaries, engages in the seaborne transportation of crude oi and refined petroleum products in the shipping markets worldwide. As of March 21, 2024, its fleet consisted of 110 owned and leases financed tanker, including 39 LR2, 57 MR, and 14 Handymax with a weighted average age of approximately 8.1 years.
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