Scorpio Tankers (NYSE:STNG) Given New $85.00 Price Target at BTIG Research

Scorpio Tankers (NYSE:STNG) had its price target hoisted by BTIG Research from $80.00 to $85.00 in a research note issued to investors on Thursday,Benzinga reports. BTIG Research currently has a buy rating on the shipping company’s stock.

Several other research analysts have also issued reports on the company. Evercore set a $80.00 target price on Scorpio Tankers and gave the stock an “outperform” rating in a research report on Monday, November 3rd. B. Riley Financial reaffirmed a “buy” rating and issued a $80.00 price target (up from $75.00) on shares of Scorpio Tankers in a research note on Thursday, October 16th. Zacks Research downgraded Scorpio Tankers from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 13th. Bank of America lowered Scorpio Tankers from a “buy” rating to an “underperform” rating in a research report on Friday, January 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Scorpio Tankers in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Scorpio Tankers has an average rating of “Hold” and a consensus target price of $71.83.

Scorpio Tankers Trading Down 2.9%

Shares of STNG stock opened at $67.86 on Thursday. The business has a 50-day moving average of $57.02 and a 200 day moving average of $55.85. The company has a debt-to-equity ratio of 0.25, a current ratio of 4.81 and a quick ratio of 4.75. Scorpio Tankers has a 1-year low of $30.63 and a 1-year high of $71.48. The stock has a market capitalization of $3.46 billion, a PE ratio of 11.48 and a beta of -0.25.

Scorpio Tankers (NYSE:STNG) last announced its quarterly earnings results on Thursday, February 12th. The shipping company reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.25. Scorpio Tankers had a net margin of 32.01% and a return on equity of 7.42%. The business had revenue of $241.42 million for the quarter, compared to analyst estimates of $238.93 million. During the same quarter last year, the firm earned $0.63 EPS. The company’s revenue was up 23.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Scorpio Tankers will post 5.29 earnings per share for the current year.

Scorpio Tankers Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 20th. Stockholders of record on Friday, March 6th will be paid a $0.45 dividend. This represents a $1.80 annualized dividend and a dividend yield of 2.7%. This is an increase from Scorpio Tankers’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Friday, March 6th. Scorpio Tankers’s dividend payout ratio is 28.43%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Versant Capital Management Inc grew its position in shares of Scorpio Tankers by 17.4% during the third quarter. Versant Capital Management Inc now owns 1,160 shares of the shipping company’s stock worth $65,000 after purchasing an additional 172 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in Scorpio Tankers by 15.8% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 1,418 shares of the shipping company’s stock worth $79,000 after purchasing an additional 194 shares during the period. Clearstead Advisors LLC grew its holdings in Scorpio Tankers by 67.9% during the 3rd quarter. Clearstead Advisors LLC now owns 507 shares of the shipping company’s stock valued at $28,000 after buying an additional 205 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in Scorpio Tankers by 1.9% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 12,131 shares of the shipping company’s stock valued at $680,000 after buying an additional 223 shares in the last quarter. Finally, SBI Securities Co. Ltd. raised its position in shares of Scorpio Tankers by 110.3% during the third quarter. SBI Securities Co. Ltd. now owns 469 shares of the shipping company’s stock valued at $26,000 after buying an additional 246 shares during the last quarter. Hedge funds and other institutional investors own 54.64% of the company’s stock.

More Scorpio Tankers News

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

• Positive Sentiment: Q4 beat — STNG reported $1.62 EPS vs. ~ $1.30 consensus and revenue +23.8% y/y, showing materially stronger earnings and margin expansion versus last year; this underpins the stock’s fundamental rally. GlobeNewswire
• Positive Sentiment: Dividend hike — the board raised the quarterly cash dividend to $0.45/sh (7.1% q/q increase), implying a ~2.7% yield and signaling confidence in cash flow and capital return policy. Ex‑dividend date: Mar 6; pay date: Mar 20. Dividend Release
• Positive Sentiment: Analyst lift — BTIG raised its price target from $80 to $85 and maintains a Buy, offering roughly low‑to‑mid‑20s% upside from current levels; analyst support can sustain investor interest. Benzinga
• Neutral Sentiment: Newbuild options — the company exercised options for two additional newbuildings in China (lifting the Dalian order to four ships), expanding the forward fleet pipeline; this increases tonnage growth potential but adds capex/timing considerations. Tradewinds
• Neutral Sentiment: Fleet strategy comment — CEO Robert Bugbee said Scorpio is not ordering additional VLCCs (very large crude carriers), clarifying growth focus and limiting exposure to the VLCC segment; investors should view this as strategic posture rather than an immediate earnings driver. Tradewinds – VLCC comment
• Neutral Sentiment: Supplementary disclosure — full Q4 earnings transcript and slide deck are available for details on rates, utilization and capital allocation; useful for modeling forward cash flow but contain no surprise headline. Earnings Transcript Slide Deck

Scorpio Tankers Company Profile

Scorpio Tankers Inc (NYSE: STNG) is an independent provider of marine transportation services, specializing in the carriage of refined petroleum products. The company’s core operations focus on moving clean petroleum cargoes—such as gasoline, diesel, jet fuel and naphtha—on a global scale. By catering to both spot and time charter markets, Scorpio Tankers enables energy companies, refiners and traders to manage their supply chains with flexibility and reliability.

The company’s fleet is composed of modern, eco-designed product tankers, including medium range (MR) and long range (LR) vessels.