What is B. Riley’s Estimate for Scorpio Tankers Q1 Earnings?

Scorpio Tankers Inc. (NYSE:STNG) – Equities researchers at B. Riley upped their Q1 2025 earnings estimates for Scorpio Tankers in a note issued to investors on Tuesday, April 8th. B. Riley analyst L. Burke now anticipates that the shipping company will post earnings of $0.42 per share for the quarter, up from their previous 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) last issued its earnings results on Wednesday, February 12th. The shipping company reported $0.63 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.08). Scorpio Tankers had a net margin of 53.76% and a return on equity of 18.01%.

Other research analysts have also issued research reports about the company. Jefferies Financial Group reaffirmed a “buy” rating and set a $75.00 target price on shares of Scorpio Tankers in a report on Thursday, February 13th. Stifel Nicolaus reduced their price objective on shares of 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 equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $68.75.

Scorpio Tankers Stock Performance

NYSE:STNG opened at $34.42 on Wednesday. The business’s fifty day moving average is $40.68 and its 200 day moving average is $50.73. The firm has a market cap of $1.72 billion, a price-to-earnings ratio of 2.64 and a beta of -0.01. The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.39 and a current ratio of 2.43. Scorpio Tankers has a 52-week low of $30.63 and a 52-week high of $84.67.

Scorpio Tankers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 21st. Shareholders of record on Friday, March 7th were issued a $0.40 dividend. The ex-dividend date was Friday, March 7th. This represents a $1.60 annualized dividend and a dividend yield of 4.65%. Scorpio Tankers’s payout ratio is currently 12.27%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. GAMMA Investing LLC raised its stake in Scorpio Tankers by 204.1% in the fourth quarter. GAMMA Investing LLC now owns 599 shares of the shipping company’s stock valued at $30,000 after purchasing an additional 402 shares in the last quarter. Lindbrook Capital LLC increased its holdings in shares of Scorpio Tankers by 75.8% in the 4th quarter. Lindbrook Capital LLC now owns 610 shares of the shipping company’s stock worth $30,000 after buying an additional 263 shares during the last quarter. Covestor Ltd raised its position in shares of Scorpio Tankers by 1,375.0% during the 4th quarter. Covestor Ltd now owns 826 shares of the shipping company’s stock valued at $41,000 after buying an additional 770 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Scorpio Tankers by 40.1% during the 4th quarter. PNC Financial Services Group Inc. now owns 929 shares of the shipping company’s stock worth $46,000 after acquiring an additional 266 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Scorpio Tankers by 850.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 979 shares of the shipping company’s stock worth $49,000 after acquiring an additional 876 shares in the last quarter. Hedge funds and other institutional investors own 54.64% of the company’s stock.

About Scorpio Tankers

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.