Scorpio Tankers Inc. (NYSE:STNG - Free Report) - Equities researchers at B. Riley dropped their Q3 2025 earnings per share (EPS) estimates for shares of Scorpio Tankers in a research report issued to clients and investors on Wednesday, July 9th. B. Riley analyst L. Burke now forecasts that the shipping company will post earnings of $0.40 per share for the quarter, down from their previous forecast of $0.46. The consensus estimate for Scorpio Tankers' current full-year earnings is $5.29 per share. B. Riley also issued estimates for Scorpio Tankers' Q4 2025 earnings at $1.59 EPS and FY2025 earnings at $3.70 EPS.
Scorpio Tankers (NYSE:STNG - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The shipping company reported $1.03 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.32. Scorpio Tankers had a return on equity of 12.30% and a net margin of 48.08%. The company had revenue of $204.20 million during the quarter, compared to analysts' expectations of $205.89 million. During the same quarter in the previous year, the firm earned $3.97 EPS. Scorpio Tankers's revenue was down 45.3% on a year-over-year basis.
Other equities analysts have also recently issued research reports about the company. Evercore ISI lowered their price target on Scorpio Tankers from $60.00 to $57.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Fearnley Fonds raised Scorpio Tankers from a "hold" rating to a "strong-buy" rating in a report on Tuesday, May 6th. Finally, Jefferies Financial Group reissued a "buy" rating and set a $65.00 price target on shares of Scorpio Tankers in a report on Thursday, May 1st. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $60.50.
Check Out Our Latest Report on Scorpio Tankers
Scorpio Tankers Price Performance
Shares of Scorpio Tankers stock traded down $0.19 during trading on Thursday, reaching $45.36. 1,962,793 shares of the company's stock were exchanged, compared to its average volume of 955,059. The company has a debt-to-equity ratio of 0.30, a quick ratio of 4.12 and a current ratio of 4.20. Scorpio Tankers has a 1-year low of $30.63 and a 1-year high of $78.27. The company has a market cap of $2.31 billion, a P/E ratio of 4.47 and a beta of -0.04. The firm's 50-day moving average price is $41.38 and its 200 day moving average price is $42.14.
Scorpio Tankers Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, June 16th. Shareholders of record on Friday, May 30th were issued a $0.40 dividend. The ex-dividend date was Friday, May 30th. This represents a $1.60 dividend on an annualized basis and a yield of 3.53%. Scorpio Tankers's payout ratio is presently 15.76%.
Hedge Funds Weigh In On Scorpio Tankers
A number of institutional investors and hedge funds have recently bought and sold shares of STNG. Pinnacle Holdings LLC acquired a new position in Scorpio Tankers in the 1st quarter worth about $26,000. Signaturefd LLC increased its holdings in Scorpio Tankers by 95.6% in the 1st quarter. Signaturefd LLC now owns 761 shares of the shipping company's stock worth $29,000 after purchasing an additional 372 shares in the last quarter. Covestor Ltd grew its position in shares of Scorpio Tankers by 1,375.0% in the 4th quarter. Covestor Ltd now owns 826 shares of the shipping company's stock valued at $41,000 after buying an additional 770 shares during the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Scorpio Tankers by 40.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 929 shares of the shipping company's stock valued at $46,000 after buying an additional 266 shares during the period. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Scorpio Tankers by 850.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 979 shares of the shipping company's stock valued at $49,000 after buying an additional 876 shares during the period. Institutional investors and hedge funds own 54.64% of the company's stock.
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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