Scorpio Tankers (STNG) to Release Quarterly Earnings on Thursday

Scorpio Tankers (NYSE:STNG - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect Scorpio Tankers to post earnings of $0.91 per share and revenue of $205.89 million for the quarter.

Scorpio Tankers (NYSE:STNG - Get Free Report) last announced its earnings results on Wednesday, February 12th. The shipping company reported $0.63 EPS for the quarter, missing analysts' consensus estimates of $0.71 by ($0.08). Scorpio Tankers had a net margin of 53.76% and a return on equity of 18.01%. On average, analysts expect Scorpio Tankers to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Scorpio Tankers Stock Performance

NYSE STNG traded up $0.99 on Tuesday, hitting $37.57. 153,946 shares of the company traded hands, compared to its average volume of 888,150. The business's 50 day moving average price is $37.78 and its 200-day moving average price is $47.49. The company has a current ratio of 2.43, a quick ratio of 2.39 and a debt-to-equity ratio of 0.25. Scorpio Tankers has a 52-week low of $30.63 and a 52-week high of $84.67. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 2.88 and a beta of -0.01.

Scorpio Tankers Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 4.26%. The ex-dividend date of this dividend was Friday, March 7th. Scorpio Tankers's payout ratio is 12.27%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on STNG shares. Evercore ISI reduced their price objective on shares of Scorpio Tankers from $64.00 to $60.00 and set an "outperform" rating for the company in a research note on Tuesday, April 22nd. Jefferies Financial Group reissued a "buy" rating and set a $75.00 price target on shares of Scorpio Tankers in a report on Thursday, February 13th. Finally, Stifel Nicolaus dropped their price objective on Scorpio Tankers from $51.00 to $49.00 and set a "hold" rating for the company in a research note on Friday, February 14th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, Scorpio Tankers presently has an average rating of "Hold" and an average target price of $63.75.

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.