Scorpio Tankers (NYSE:STNG) Releases Earnings Results, Beats Expectations By $0.43 EPS

Scorpio Tankers (NYSE:STNG) released its quarterly earnings results on Thursday. The shipping company reported $2.49 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.43, FiscalAI reports. The firm had revenue of $266.47 million during the quarter, compared to the consensus estimate of $243.98 million. Scorpio Tankers had a net margin of 67.16% and a return on equity of 16.43%. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.49 EPS.

Scorpio Tankers Trading Up 7.1%

NYSE:STNG traded up $6.27 during trading hours on Thursday, hitting $94.99. The company had a trading volume of 1,310,875 shares, compared to its average volume of 1,050,608. Scorpio Tankers has a 1 year low of $48.93 and a 1 year high of $94.57. The company has a market cap of $4.79 billion, a P/E ratio of 5.93 and a beta of -0.17. The company has a 50-day moving average of $83.09 and a 200 day moving average of $76.41. The company has a current ratio of 6.93, a quick ratio of 6.89 and a debt-to-equity ratio of 0.14.

Scorpio Tankers Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 4th. Shareholders of record on Friday, November 13th will be issued a $0.75 dividend. This represents a $3.00 annualized dividend and a yield of 3.2%. The ex-dividend date is Friday, November 13th. This is an increase from Scorpio Tankers’s previous quarterly dividend of $0.45. Scorpio Tankers’s dividend payout ratio (DPR) is currently 11.24%.

Analyst Upgrades and Downgrades

Several research firms have commented on STNG. Zacks Research lowered Scorpio Tankers from a “strong-buy” rating to a “hold” rating in a research note on Thursday, July 30th. Needham & Company LLC set a $130.00 price target on Scorpio Tankers in a research note on Thursday. B. Riley Financial reiterated a “buy” rating and set a $130.00 price target (up from $120.00) on shares of Scorpio Tankers in a research report on Thursday. Weiss Ratings reissued a “hold (c)” rating on shares of Scorpio Tankers in a research note on Monday, September 14th. Finally, Evercore reissued an “outperform” rating and issued a $97.00 price objective on shares of Scorpio Tankers in a research note on Tuesday. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Scorpio Tankers has a consensus rating of “Hold” and a consensus target price of $105.33.

Key Headlines Impacting Scorpio Tankers

Here are the key news stories impacting Scorpio Tankers this week:

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations. Scorpio Tankers reported adjusted earnings of $2.49 per share, above the $2.06 consensus estimate, while revenue rose 10.4% year over year to $266.5 million, ahead of estimates near $244 million. Earnings also increased from $1.49 per share in the year-ago quarter. Scorpio Tankers third-quarter revenue report
• Positive Sentiment: Dividend increased substantially. The board declared a quarterly dividend of $0.75 per share, up 66.7% from $0.45. The new payout implies $3.00 in annual dividends and a yield of approximately 3.4%, signaling confidence in cash generation and potentially attracting income-oriented investors. The ex-dividend date is November 13, with payment scheduled for December 4. Scorpio Tankers financial results and dividend announcement
• Positive Sentiment: Analyst remains bullish. BTIG Research reaffirmed its “buy” rating and set a $110 price target, suggesting additional upside from the recent trading level. BTIG Research recommendations
• Neutral Sentiment: Investors are weighing the company’s cash-rich position and tanker-market outlook. The earnings call and related coverage focused on Scorpio Tankers’ strong results and cash generation, but future performance remains tied to volatile tanker rates and shipping demand. Scorpio Tankers stock and cash discussion

Insider Buying and Selling

In related news, President Robert L. Bugbee sold 231,799 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $86.19, for a total transaction of $19,978,755.81. Following the completion of the sale, the president directly owned 665,288 shares in the company, valued at approximately $57,341,172.72. This trade represents a 25.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Auste Adelborg sold 6,834 shares of Scorpio Tankers stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $89.64, for a total transaction of $612,599.76. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 420,133 shares of company stock worth $36,611,311 in the last quarter. 7.34% of the stock is currently owned by insiders.

Scorpio Tankers Company Profile

Scorpio Tankers Inc is a marine transportation company that owns, operates and manages a fleet of product tankers. The company primarily transports refined petroleum products, including gasoline, diesel, jet fuel and heating oil, as well as petrochemical feedstocks and other liquid products.

Its fleet has historically included medium-range, handymax and long-range product tankers, allowing Scorpio Tankers to serve both regional and long-haul trade routes. The company’s vessels transport cargoes between major refining, storage and consumption centers across international markets, supporting energy companies, commodity traders and other commercial customers.

Scorpio Tankers was established in 2009 and is incorporated in the Marshall Islands, with corporate operations based in Monaco.