Scorpio Tankers (STNG) Set to Post Earnings on Wednesday

Scorpio Tankers (NYSE:STNG – Get Free Report) is expected to announce its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to post earnings of $2.19 per share and revenue of $248.38 million for the quarter. Investors can find conference call details on the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 8:00 AM ET.

Scorpio Tankers (NYSE:STNG – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The shipping company reported $4.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.56 by $0.12. The company had revenue of $408.73 million during the quarter, compared to the consensus estimate of $398.25 million. Scorpio Tankers had a return on equity of 16.43% and a net margin of 67.16%. The firm’s revenue was up 77.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.41 EPS. On average, analysts expect Scorpio Tankers to post $11.28 EPS for the current fiscal year and $6.24 EPS for the next fiscal year.

Scorpio Tankers Stock Performance

Shares of NYSE STNG opened at $80.87 on Wednesday. The firm has a fifty day moving average price of $82.37 and a 200-day moving average price of $79.32. The company has a debt-to-equity ratio of 0.14, a current ratio of 6.93 and a quick ratio of 6.89. The stock has a market cap of $4.08 billion, a PE ratio of 5.05 and a beta of -0.17. Scorpio Tankers has a 1 year low of $48.93 and a 1 year high of $90.06.

Scorpio Tankers Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, August 17th. Scorpio Tankers’s payout ratio is 11.24%.

Insiders Place Their Bets

In other news, President Robert Bugbee sold 231,799 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $86.19, for a total value of $19,978,755.81. Following the sale, the president directly owned 665,288 shares in the company, valued at approximately $57,341,172.72. This represents a 25.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Christopher Avella sold 56,500 shares of the stock in a transaction on Wednesday, September 16th. The stock was sold at an average price of $86.57, for a total value of $4,891,205.00. Following the completion of the sale, the chief financial officer owned 178,834 shares in the company, valued at approximately $15,481,659.38. The trade was a 24.01% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 420,133 shares of company stock worth $36,611,311 over the last three months. 7.34% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Scorpio Tankers in a research note on Monday, September 14th. Wall Street Zen cut Scorpio Tankers from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 14th. Evercore reaffirmed an “outperform” rating and issued a $94.00 price objective on shares of Scorpio Tankers in a research note on Wednesday, July 22nd. BTIG Research lifted their price objective on Scorpio Tankers from $100.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday, September 18th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $100.00 price objective on shares of Scorpio Tankers in a report on Tuesday, August 4th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Scorpio Tankers has a consensus rating of “Hold” and a consensus price target of $92.14.

Get Our Latest Analysis on STNG

Scorpio Tankers Company Profile

(Get Free Report)

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.

See Also

Earnings History for Scorpio Tankers (NYSE:STNG)

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