Ardmore Shipping (ASC) Projected to Announce Earnings on Wednesday

Ardmore Shipping (NYSE:ASC) is expected to post its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Ardmore Shipping to post earnings of $1.13 per share and revenue of $86.9870 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Wednesday, July 29, 2026 at 10:00 AM ET.

Ardmore Shipping (NYSE:ASC) last issued its quarterly earnings data on Thursday, May 7th. The shipping company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.07. The company had revenue of $87.92 million for the quarter, compared to the consensus estimate of $58.08 million. Ardmore Shipping had a net margin of 18.00% and a return on equity of 9.63%.

Ardmore Shipping Price Performance

Shares of ASC opened at $16.61 on Monday. The firm has a market cap of $676.32 million, a PE ratio of 12.48 and a beta of 0.04. The company has a current ratio of 4.87, a quick ratio of 4.43 and a debt-to-equity ratio of 0.16. The firm has a fifty day simple moving average of $16.53 and a two-hundred day simple moving average of $15.44. Ardmore Shipping has a 1-year low of $10.06 and a 1-year high of $20.02.

Ardmore Shipping Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were paid a $0.39 dividend. This is an increase from Ardmore Shipping’s previous quarterly dividend of $0.09. The ex-dividend date was Friday, May 29th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 9.4%. Ardmore Shipping’s dividend payout ratio (DPR) is 117.29%.

Analyst Ratings Changes

A number of analysts recently commented on ASC shares. Evercore set a $19.00 price objective on Ardmore Shipping in a research report on Tuesday, April 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Ardmore Shipping in a research report on Tuesday, July 7th. Finally, Wall Street Zen upgraded Ardmore Shipping from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $17.00.

Insider Buying and Selling

In related news, Director Curtis B. Mcwilliams sold 16,277 shares of the stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $19.38, for a total value of $315,448.26. Following the completion of the transaction, the director owned 60,673 shares of the company’s stock, valued at approximately $1,175,842.74. This trade represents a 21.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kirsi Tikka sold 12,000 shares of Ardmore Shipping stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $18.93, for a total transaction of $227,160.00. Following the transaction, the director directly owned 35,471 shares of the company’s stock, valued at $671,466.03. The trade was a 25.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 40,000 shares of company stock worth $766,048.

Institutional Trading of Ardmore Shipping

A number of large investors have recently modified their holdings of ASC. AQR Capital Management LLC lifted its holdings in shares of Ardmore Shipping by 31.2% in the 1st quarter. AQR Capital Management LLC now owns 77,769 shares of the shipping company’s stock worth $761,000 after buying an additional 18,500 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Ardmore Shipping by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,701 shares of the shipping company’s stock valued at $242,000 after buying an additional 1,102 shares during the period. Empowered Funds LLC raised its holdings in shares of Ardmore Shipping by 7.5% in the first quarter. Empowered Funds LLC now owns 234,987 shares of the shipping company’s stock valued at $2,301,000 after acquiring an additional 16,458 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Ardmore Shipping by 23.1% in the second quarter. JPMorgan Chase & Co. now owns 311,162 shares of the shipping company’s stock worth $2,987,000 after acquiring an additional 58,330 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in Ardmore Shipping by 1,689.0% in the second quarter. EverSource Wealth Advisors LLC now owns 8,444 shares of the shipping company’s stock worth $81,000 after acquiring an additional 7,972 shares during the period. Hedge funds and other institutional investors own 62.22% of the company’s stock.

Ardmore Shipping Company Profile

Ardmore Shipping Corporation is a Bermuda-based provider of seaborne transportation services for refined petroleum products. The company owns and operates a modern fleet of product tankers, including medium-range (MR), long-range 2 (LR2) and Aframax vessels. Ardmore Shipping focuses on the ocean carriage of clean and dirty petroleum products under time charters, bareboat charters and spot voyages, serving a diverse customer base that includes major oil companies and trading houses.

Since its founding in 2005, Ardmore Shipping has grown its fleet through newbuilding contracts, second-hand acquisitions and fleet renewals, aiming to maintain a high quality, fuel-efficient profile.