Scorpio Tankers Inc. (NYSE:STNG - Free Report) - B. Riley boosted their Q1 2025 earnings per share estimates for Scorpio Tankers in a report issued on Tuesday, April 8th. B. Riley analyst L. Burke now forecasts that the shipping company will post earnings of $0.42 per share for the quarter, up from their prior forecast of $0.38. The consensus estimate for Scorpio Tankers' current full-year earnings is $5.29 per share. B. Riley also issued estimates for Scorpio Tankers' FY2026 earnings at $4.23 EPS.
Scorpio Tankers (NYSE:STNG - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The shipping company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.08). Scorpio Tankers had a return on equity of 18.01% and a net margin of 53.76%.
Several other research analysts have also weighed in on STNG. Jefferies Financial Group reiterated a "buy" rating and set a $75.00 price objective on shares of Scorpio Tankers in a report on Thursday, February 13th. Stifel Nicolaus decreased their price target 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 investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $68.75.
View Our Latest Stock Analysis on Scorpio Tankers
Scorpio Tankers Price Performance
STNG traded down $1.14 during midday trading on Wednesday, reaching $34.55. 254,556 shares of the company's stock were exchanged, compared to its average volume of 882,422. The stock has a market capitalization of $1.72 billion, a PE ratio of 2.65 and a beta of -0.01. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.43 and a quick ratio of 2.39. The business's 50-day moving average price is $40.10 and its 200 day moving average price is $50.09. Scorpio Tankers has a 1-year low of $30.63 and a 1-year high of $84.67.
Scorpio Tankers Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were paid a $0.40 dividend. The ex-dividend date was Friday, March 7th. This represents a $1.60 annualized dividend and a yield of 4.63%. Scorpio Tankers's dividend payout ratio is presently 12.27%.
Institutional Investors Weigh In On Scorpio Tankers
Several institutional investors have recently made changes to their positions in STNG. GAMMA Investing LLC increased its position in Scorpio Tankers by 204.1% during the fourth quarter. GAMMA Investing LLC now owns 599 shares of the shipping company's stock worth $30,000 after buying an additional 402 shares during the last quarter. Lindbrook Capital LLC raised its position in shares of Scorpio Tankers by 75.8% during the fourth quarter. Lindbrook Capital LLC now owns 610 shares of the shipping company's stock valued at $30,000 after buying an additional 263 shares during the last quarter. Covestor Ltd lifted 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 worth $41,000 after acquiring an additional 770 shares during the period. PNC Financial Services Group Inc. boosted its stake in Scorpio Tankers by 40.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 929 shares of the shipping company's stock worth $46,000 after buying an additional 266 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Scorpio Tankers by 850.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 979 shares of the shipping company's stock valued at $49,000 after acquiring an additional 876 shares in the last quarter. 54.64% of the stock is currently owned by institutional investors and hedge funds.
Scorpio Tankers Company Profile
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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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