Ardmore Shipping (ASC) Expected to Announce Quarterly Earnings on Tuesday

Key Points

• Ardmore Shipping is expected to report Q3 2026 earnings before the market opens on November 3. Analysts forecast earnings of $0.62 per share on revenue of $59.58 million.
• The company beat estimates in its latest quarter, reporting $1.18 in earnings per share versus the $1.11 consensus and revenue of $116.21 million compared with estimates of $86.30 million.
• Ardmore raised its quarterly dividend to $0.79, implying an annualized yield of approximately 15.3%. Analysts maintain a consensus “Buy” rating, although their average price target of $17 is below the stock’s reported $20.66 price.

Ardmore Shipping (NYSE:ASC - Get Free Report) is expected to post its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect the company to post earnings of $0.62 per share and revenue of $59.58 million for the quarter. Interested persons may review the information on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 10:00 AM ET.

Ardmore Shipping (NYSE:ASC - Get Free Report) last released its earnings results on Thursday, July 30th. The shipping company reported $1.18 earnings per share for the quarter, topping analysts' consensus estimates of $1.11 by $0.07. The firm had revenue of $116.21 million during the quarter, compared to analyst estimates of $86.30 million. Ardmore Shipping had a net margin of 29.67% and a return on equity of 15.24%.

Ardmore Shipping Stock Performance

ASC opened at $20.66 on Tuesday. Ardmore Shipping has a 12-month low of $10.31 and a 12-month high of $20.96. The firm has a market capitalization of $841.71 million, a P/E ratio of 7.98 and a beta of 0.11. The stock's 50 day moving average price is $18.52 and its two-hundred day moving average price is $16.31. The company has a quick ratio of 4.84, a current ratio of 5.45 and a debt-to-equity ratio of 0.05.

Ardmore Shipping Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th were issued a $0.79 dividend. This is a boost from Ardmore Shipping's previous quarterly dividend of $0.39. The ex-dividend date of this dividend was Friday, August 28th. This represents a $3.16 dividend on an annualized basis and a yield of 15.3%. Ardmore Shipping's payout ratio is currently 122.01%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ASC shares. Wall Street Zen upgraded shares of Ardmore Shipping from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 5th. Weiss Ratings raised shares of Ardmore Shipping from a "hold (c+)" rating to a "buy (b-)" rating in a report on Tuesday, September 22nd. Finally, Evercore reissued an "outperform" rating on shares of Ardmore Shipping in a research note on Tuesday. Three investment analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, Ardmore Shipping currently has a consensus rating of "Buy" and a consensus price target of $17.00.

Ardmore Shipping Company Profile

Ardmore Shipping Corporation NYSE: ASC is a maritime transportation company that owns and operates a fleet of product and chemical tankers. The company provides seaborne transportation services for refined petroleum products, such as gasoline, diesel and jet fuel, as well as certain chemicals and other liquid cargoes.

Ardmore's vessels primarily serve international trade routes, transporting cargoes between major energy and industrial markets. Its operations include commercial management, chartering and technical management of its fleet, with an emphasis on safe, efficient and environmentally responsible maritime transportation.

Founded in 2010, Ardmore Shipping is headquartered in Hamilton, Bermuda.

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