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NYSE:ASC

Ardmore Shipping (ASC) Stock Price, News & Analysis

Ardmore Shipping logo
$17.60 +0.29 (+1.65%)
Closing price 03:59 PM Eastern
Extended Trading
$17.60 +0.01 (+0.05%)
As of 04:57 PM Eastern
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About Ardmore Shipping Stock (NYSE:ASC)

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Key Stats

Today's Range
$17.33
$17.72
50-Day Range
$14.01
$17.94
52-Week Range
$10.31
$20.02
Volume
463,391 shs
Average Volume
678,523 shs
Market Capitalization
$716.69 million
P/E Ratio
6.79
Dividend Yield
8.87%
Price Target
$17.00
Consensus Rating
Moderate Buy

Company Overview

Ardmore Shipping Corporation is a Bermuda-based provider of seaborne transportation services for refined petroleum products. The company owns and operates a modern fleet of product tankers, including medium-range (MR), long-range 2 (LR2) and Aframax vessels. Ardmore Shipping focuses on the ocean carriage of clean and dirty petroleum products under time charters, bareboat charters and spot voyages, serving a diverse customer base that includes major oil companies and trading houses.

Since its founding in 2005, Ardmore Shipping has grown its fleet through newbuilding contracts, second-hand acquisitions and fleet renewals, aiming to maintain a high quality, fuel-efficient profile. The company’s vessels typically range from 45,000 to 115,000 deadweight tons, and are equipped to carry a broad slate of petroleum cargoes. With offices in Bermuda and Dublin, Ardmore Shipping positions its fleet to serve key global trade lanes, including the U.S. Gulf Coast, Europe, the Mediterranean, the Middle East and Asia.

Ardmore Shipping completed its initial public offering on the New York Stock Exchange in late 2014, raising capital to support fleet expansion and diversification. The company’s management team brings extensive experience in marine operations, chartering, finance and risk management. Ardmore Shipping maintains a focus on operational excellence, safety and environmental compliance, seeking to meet evolving regulatory standards and customer expectations in the tanker market.

AI Generated. May Contain Errors.

Ardmore Shipping Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
33rd Percentile Overall Score

ASC MarketRank™: 

Ardmore Shipping scored higher than 33% of companies evaluated by MarketBeat, and ranked 174th out of 251 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Ardmore Shipping has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on no strong buy ratings, 3 buy ratings, 1 hold rating, and no sell ratings.

  • Upside/Downside

    The consensus price target for Ardmore Shipping is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Ardmore Shipping has only been the subject of 1 research reports in the past 90 days.

  • Read more about Ardmore Shipping's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Ardmore Shipping is 6.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.56.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Ardmore Shipping is 6.82, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.14.

  • Price to Book Value per Share Ratio

    Ardmore Shipping has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    5.92% of the float of Ardmore Shipping has been sold short.
  • Short Interest Ratio / Days to Cover

    Ardmore Shipping has a short interest ratio ("days to cover") of 4.45.
  • Change versus previous month

    Short interest in Ardmore Shipping has recently decreased by 3.19%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Ardmore Shipping is a leading dividend payer. It pays a dividend yield of 9.36%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Ardmore Shipping does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Ardmore Shipping is 60.23%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Ardmore Shipping's dividend.
  • Search Interest

    10 people have searched for ASC on MarketBeat in the last 30 days. This is an increase of 233% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Ardmore Shipping to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Ardmore Shipping insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $331,569.00 in company stock.

  • Percentage Held by Institutions

    62.22% of the stock of Ardmore Shipping is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Ardmore Shipping's insider trading history.
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ASC Stock News Headlines

Ardmore Shipping Corp (ASC) Q2 2026 Earnings
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Ardmore Shipping: Q2 Earnings Snapshot
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ASC Stock Analysis - Frequently Asked Questions

Ardmore Shipping's stock was trading at $10.59 at the beginning of the year. Since then, ASC stock has increased by 66.8% and is now trading at $17.6620.

Ardmore Shipping Corporation (NYSE:ASC) issued its quarterly earnings results on Thursday, July, 30th. The shipping company reported $1.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.11 by $0.07. The shipping company earned $116.21 million during the quarter, compared to the consensus estimate of $86.30 million. Ardmore Shipping had a net margin of 29.67% and a trailing twelve-month return on equity of 15.24%.
Read the conference call transcript
.

Ardmore Shipping (ASC) raised $160 million in an IPO on Thursday, August 1st 2013. The company issued 10,000,000 shares at a price of $15.00-$17.00 per share.

Ardmore Shipping's top institutional investors include BlackRock Inc. (9.44%), Connor Clark & Lunn Investment Management Ltd. (1.33%), Bank of New York Mellon Corp (0.24%) and Algert Global LLC (0.13%). Insiders that own company stock include Curtis B Mcwilliams, Bart B Kelleher and Kirsi Tikka.
View institutional ownership trends
.

Shares of ASC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Ardmore Shipping investors own include NVIDIA (NVDA), Meta Platforms (META), Invesco QQQ (QQQ), Broadcom (AVGO), Advanced Micro Devices (AMD), Arista Networks (ANET) and ServiceNow (NOW).

Company Calendar

Record date for 6/12 Dividend
5/29/2026
Ex-Dividend for 6/12 Dividend
5/29/2026
Dividend Payable
6/12/2026
Last Earnings
7/30/2026
Today
8/14/2026
Record date for 9/15 Dividend
8/28/2026
Ex-Dividend for 9/15 Dividend
8/28/2026
Dividend Payable
9/15/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Energy
Industry
Oil, Gas & Consumable Fuels
Sub-Industry
Oil & Gas Storage & Transportation
Current Symbol
NYSE:ASC
CIK
1577437
Fax
N/A
Employees
990
Year Founded
2010

Price Target and Rating

High Price Target
$19.00
Low Price Target
$15.00
Potential Upside/Downside
-3.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
$2.59
Trailing P/E Ratio
6.79
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$41.01 million
Net Margins
29.67%
Pretax Margin
29.79%
Return on Equity
15.24%
Return on Assets
12.72%

Debt

Debt-to-Equity Ratio
0.05
Current Ratio
5.45
Quick Ratio
4.84

Sales & Book Value

Annual Sales
$310.20 million
Price / Sales
2.31
Cash Flow
$2.18 per share
Price / Cash Flow
8.07
Book Value
$17.19 per share
Price / Book
1.02

Miscellaneous

Outstanding Shares
40,730,000
Free Float
N/A
Market Cap
$716.69 million
Optionable
Optionable
Beta
0.03

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This page (NYSE:ASC) was last updated on 8/14/2026 by MarketBeat.com Staff.
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