Scorpio Tankers (STNG) Set to Release Earnings on Wednesday

Scorpio Tankers (NYSE:STNG – Get Free Report) is expected to be releasing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect the company to post earnings of $2.09 per share and revenue of $245.50 million for the quarter. Investors may review the information on the company’s upcoming Q3 2026 earnings overview 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 for the quarter, topping the consensus estimate of $4.56 by $0.12. Scorpio Tankers had a net margin of 67.16% and a return on equity of 16.43%. The business had revenue of $408.73 million for the quarter, compared to analyst estimates of $398.25 million. During the same period in the prior year, the firm posted $1.41 EPS. The company’s revenue was up 77.5% on a year-over-year basis. 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 Price Performance

STNG opened at $87.08 on Tuesday. Scorpio Tankers has a 1 year low of $48.93 and a 1 year high of $90.06. The company’s 50 day simple moving average is $82.81 and its 200 day simple moving average is $76.11. The stock has a market capitalization of $4.39 billion, a PE ratio of 5.44 and a beta of -0.17. The company has a debt-to-equity ratio of 0.14, a quick ratio of 6.89 and a current ratio of 6.93.

Scorpio Tankers Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $1.80 dividend on an annualized basis and a yield of 2.1%. Scorpio Tankers’s dividend payout ratio (DPR) is currently 11.24%.

Insider Activity

In other Scorpio Tankers news, COO Cameron Mackey sold 125,000 shares of the business’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $89.03, for a total value of $11,128,750.00. Following the transaction, the chief operating officer owned 739,531 shares in the company, valued at $65,840,444.93. The trade was a 14.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Auste Adelborg sold 6,834 shares of the company’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $89.64, for a total transaction of $612,599.76. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 420,133 shares of company stock worth $36,611,311. Corporate insiders own 7.34% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on STNG. Morgan Stanley boosted their price objective on shares of Scorpio Tankers from $76.00 to $90.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Scorpio Tankers in a research report on Monday, September 14th. Bank of America reaffirmed an “underperform” rating on shares of Scorpio Tankers in a research report on Tuesday, September 8th. BTIG Research lifted their target price on Scorpio Tankers from $100.00 to $110.00 and gave the company a “buy” rating in a report on Friday, September 18th. Finally, Zacks Research cut Scorpio Tankers from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $92.14.

View Our Latest Research Report on Scorpio Tankers

About Scorpio Tankers

(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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