StealthGas (NASDAQ:GASS) Releases Quarterly Earnings Results, Misses Expectations By $0.07 EPS

StealthGas (NASDAQ:GASS) issued its quarterly earnings data on Wednesday. The shipping company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.07), FiscalAI reports. The company had revenue of $42.91 million for the quarter, compared to analysts’ expectations of $44.90 million. StealthGas had a return on equity of 7.97% and a net margin of 34.97%.

Here are the key takeaways from StealthGas’ conference call:

• Profitability remained strong, with second-quarter net income of $17.3 million, EPS of $0.46, and a 40% profit margin despite a smaller fleet and lower revenue than last year.
• StealthGas reported a debt-free balance sheet and liquidity exceeding $250 million after receiving more than $77 million from the Eco Wizard insurance settlement, creating substantial financial flexibility.
• Fleet coverage remains meaningful but below management’s target, with 60% of remaining 2026 fleet days and 45% of forward fleet days secured; the company has about $90 million in contracted future revenue through 2029.
• Management intends to use its growing cash balance to renew the fleet, while continuing to sell older vessels; 13 vessel sales since 2023 have generated approximately $170 million and reduced the fleet to 25 vessels.
• Geopolitical disruptions have supported shipping rates by increasing ton-miles and U.S. LPG exports, but prolonged conflict could cause demand destruction; LPG imports fell sharply in India and China, while the MGC order book remains elevated at roughly 40% of the existing fleet.

StealthGas Stock Performance

Shares of StealthGas stock opened at $9.33 on Friday. The company has a market capitalization of $351.09 million, a P/E ratio of 5.87 and a beta of 0.25. StealthGas has a 1 year low of $6.12 and a 1 year high of $10.55. The company’s fifty day moving average is $8.90 and its two-hundred day moving average is $9.16.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen cut shares of StealthGas from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Trending Headlines about StealthGas

Here are the key news stories impacting StealthGas this week:

• Positive Sentiment: Liquidity exceeded $250 million. StealthGas said cash and short-term investments totaled $168.3 million at June 30 and subsequently rose above $250 million following the resolution of an insurance claim related to a lost vessel. The company has also repaid all bank debt, reducing interest costs. StealthGas Q2 2026 Net Income Reaches $17.3 Million As Liquidity Tops $250 Million
• Positive Sentiment: Forward revenue visibility remains solid. Approximately 60% of fleet days for the remainder of 2026 are secured under period charters, representing about $30 million in near-term contracted revenue and roughly $90 million across all current charter commitments. Management also highlighted opportunities to deploy its growing liquidity. StealthGas Sees Strong Q2 Performance, Eyes Strategic Opportunities in Firm Market
• Neutral Sentiment: StealthGas reported $17.3 million of net income, or $0.46 per share, while revenue was $42.9 million. Profitability remained strong, with a 35.91% net margin, but management cited geopolitical turbulence and increased attacks on commercial vessels as ongoing shipping risks. StealthGas Q2 2026 Earnings Call Transcript
• Negative Sentiment: Quarterly results fell short of consensus. EPS of $0.46 missed estimates of $0.53, and revenue of $42.9 million was below the $44.9 million expected. Net income declined from $20.4 million a year earlier, while six-month adjusted EPS fell to $0.86 from $1.02. StealthGas Q2 Profit, Revenue Decline; Stock Down
• Negative Sentiment: The smaller fleet and weaker utilization weighed on operations. Average vessels fell to 26.4 from 28.3 year over year, contributing to lower revenue. Fleet utilization declined to 94.5% from 99.7%, while higher bunker prices and more spot-market exposure increased voyage expenses. StealthGas Inc. Reports Second Quarter and Six Months 2026 Financial and Operating Results

Institutional Trading of StealthGas

Hedge funds have recently added to or reduced their stakes in the stock. State Street Corp lifted its holdings in shares of StealthGas by 4.7% during the fourth quarter. State Street Corp now owns 29,737 shares of the shipping company’s stock worth $209,000 after purchasing an additional 1,340 shares during the period. Nipun Capital L.P. purchased a new position in StealthGas during the 4th quarter worth $141,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in StealthGas by 68.6% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 41,837 shares of the shipping company’s stock worth $294,000 after buying an additional 17,029 shares during the last quarter. NewEdge Advisors LLC purchased a new position in StealthGas during the 3rd quarter worth $226,000. Finally, Sei Investments Co. lifted its stake in shares of StealthGas by 14.8% in the 3rd quarter. Sei Investments Co. now owns 30,311 shares of the shipping company’s stock worth $199,000 after acquiring an additional 3,899 shares during the period. 66.32% of the stock is owned by institutional investors and hedge funds.

About StealthGas

StealthGas Inc is an international shipping company specializing in the seaborne transportation of liquefied petroleum gases (LPG), including propane, butane and ammonia. The company operates a fleet of modern pressurized LPG carriers with capacities ranging from approximately 2,500 to 9,100 cubic meters, providing safe and efficient carriage of petrochemical gases worldwide.

Founded in 2005 and incorporated in the Republic of the Marshall Islands, StealthGas is headquartered in Athens, Greece, with additional commercial and operational offices in major shipping centers across Europe and Asia.