What is B. Riley's Forecast for Scorpio Tankers Q2 Earnings?

Scorpio Tankers Inc. (NYSE:STNG - Free Report) - B. Riley raised their Q2 2025 EPS estimates for Scorpio Tankers in a report issued on Wednesday, July 9th. B. Riley analyst L. Burke now anticipates that the shipping company will post earnings per share of $0.68 for the quarter, up from their prior 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 issued its earnings results on Thursday, May 1st. The shipping company reported $1.03 EPS for the quarter, beating analysts' consensus estimates of $0.71 by $0.32. Scorpio Tankers had a net margin of 48.08% and a return on equity of 12.30%. The business had revenue of $204.20 million for the quarter, compared to the consensus estimate of $205.89 million. During the same quarter last year, the firm posted $3.97 EPS. The business's revenue for the quarter was down 45.3% compared to the same quarter last year.

A number of other equities research analysts have also weighed in on STNG. Fearnley Fonds raised shares of Scorpio Tankers from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. Jefferies Financial Group reaffirmed a "buy" rating and set a $65.00 price target on shares of Scorpio Tankers in a report on Thursday, May 1st. Finally, Evercore ISI lowered their price target on shares of Scorpio Tankers from $60.00 to $57.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $60.50.

Scorpio Tankers Stock Up 0.5%

STNG traded up $0.21 during trading hours on Friday, reaching $45.62. 1,864,074 shares of the stock traded hands, compared to its average volume of 958,695. The firm's fifty day simple moving average is $41.38 and its two-hundred day simple moving average is $42.14. The company has a market cap of $2.33 billion, a price-to-earnings ratio of 4.49 and a beta of -0.04. Scorpio Tankers has a fifty-two week low of $30.63 and a fifty-two week high of $78.27. The company has a debt-to-equity ratio of 0.30, a current ratio of 4.20 and a quick ratio of 4.12.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. lifted its position in Scorpio Tankers by 40.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 929 shares of the shipping company's stock valued at $46,000 after purchasing an additional 266 shares during the last quarter. Signaturefd LLC lifted its position in Scorpio Tankers by 95.6% in the 1st quarter. Signaturefd LLC now owns 761 shares of the shipping company's stock valued at $29,000 after purchasing an additional 372 shares during the last quarter. Ellevest Inc. raised its position in shares of Scorpio Tankers by 8.4% during the 4th quarter. Ellevest Inc. now owns 6,278 shares of the shipping company's stock worth $312,000 after buying an additional 485 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Scorpio Tankers by 206.1% during the 2nd quarter. GAMMA Investing LLC now owns 854 shares of the shipping company's stock worth $33,000 after buying an additional 575 shares in the last quarter. Finally, Gallacher Capital Management LLC raised its position in shares of Scorpio Tankers by 6.1% during the 4th quarter. Gallacher Capital Management LLC now owns 10,409 shares of the shipping company's stock worth $517,000 after buying an additional 603 shares in the last quarter. 54.64% of the stock is owned by institutional investors and hedge funds.

Scorpio Tankers Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Friday, May 30th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend was Friday, May 30th. Scorpio Tankers's dividend payout ratio is currently 15.76%.

Scorpio Tankers Company Profile

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.