Analysts Issue Forecasts for Scorpio Tankers FY2025 Earnings

Scorpio Tankers Inc. (NYSE:STNG - Free Report) - Stock analysts at B. Riley raised their FY2025 earnings estimates for Scorpio Tankers in a report released on Thursday, May 1st. B. Riley analyst L. Burke now forecasts that the shipping company will earn $3.55 per share for the year, up from their prior estimate of $3.35. 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 $1.64 EPS and FY2026 earnings at $4.28 EPS.

Other equities analysts have also issued reports about the stock. Fearnley Fonds upgraded shares of Scorpio Tankers from a "hold" rating to a "strong-buy" rating in a research report on Tuesday. Stifel Nicolaus lowered their target price on Scorpio Tankers from $51.00 to $49.00 and set a "hold" rating on the stock in a report on Friday, February 14th. Evercore ISI cut 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. Finally, Jefferies Financial Group reissued a "buy" rating and set a $65.00 price objective on shares of Scorpio Tankers in a research note on Thursday, May 1st. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $60.50.

Scorpio Tankers Price Performance

Shares of NYSE:STNG traded up $0.19 during trading on Monday, reaching $40.87. The stock had a trading volume of 164,053 shares, compared to its average volume of 1,042,563. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.39 and a current ratio of 2.43. Scorpio Tankers has a 1-year low of $30.63 and a 1-year high of $84.67. The stock has a market cap of $2.09 billion, a PE ratio of 3.13 and a beta of -0.12. The business has a fifty day moving average price of $37.41 and a 200-day moving average price of $46.17.

Scorpio Tankers (NYSE:STNG - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The shipping company reported $1.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.32. Scorpio Tankers had a net margin of 53.76% and a return on equity of 18.01%. The firm had revenue of $204.20 million for the quarter, compared to analyst estimates of $205.89 million. During the same period last year, the company posted $3.97 EPS. Scorpio Tankers's quarterly revenue was down 45.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of STNG. Moors & Cabot Inc. increased its holdings in Scorpio Tankers by 12.6% in the 1st quarter. Moors & Cabot Inc. now owns 13,400 shares of the shipping company's stock valued at $504,000 after purchasing an additional 1,500 shares during the last quarter. TCW Group Inc. boosted its holdings in Scorpio Tankers by 1.2% during the 1st quarter. TCW Group Inc. now owns 192,892 shares of the shipping company's stock valued at $7,249,000 after acquiring an additional 2,200 shares during the period. Pacer Advisors Inc. acquired a new stake in shares of Scorpio Tankers during the first quarter worth about $19,471,000. Royce & Associates LP lifted its holdings in Scorpio Tankers by 9.0% during the 1st quarter. Royce & Associates LP now owns 218,478 shares of the shipping company's stock worth $8,210,000 after buying an additional 17,980 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its holdings in Scorpio Tankers by 42.0% in the first quarter. Y Intercept Hong Kong Ltd now owns 38,610 shares of the shipping company's stock valued at $1,451,000 after purchasing an additional 11,420 shares during the period. Hedge funds and other institutional investors own 54.64% of the company's stock.

Scorpio Tankers Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Friday, May 30th will be issued a $0.40 dividend. The ex-dividend date is Friday, May 30th. This represents a $1.60 annualized dividend and a yield of 3.91%. Scorpio Tankers's dividend payout ratio (DPR) is currently 15.76%.

About Scorpio Tankers

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.