Scorpio Tankers (STNG) to Release Quarterly Earnings on Thursday

Scorpio Tankers (NYSE:STNGGet Free Report) is expected to be releasing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect Scorpio Tankers to announce earnings of $5.14 per share and revenue of $413.7580 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:00 AM ET.

Scorpio Tankers (NYSE:STNGGet Free Report) last released its earnings results on Wednesday, May 6th. The shipping company reported $3.02 earnings per share for the quarter, topping analysts’ consensus estimates of $2.79 by $0.23. Scorpio Tankers had a net margin of 48.44% and a return on equity of 11.72%. The firm had revenue of $312.86 million for the quarter, compared to the consensus estimate of $286.81 million. During the same period in the prior year, the firm earned $1.03 EPS. The company’s revenue was up 46.2% compared to the same quarter last year. On average, analysts expect Scorpio Tankers to post $12 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Scorpio Tankers Price Performance

STNG stock opened at $79.25 on Wednesday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 13.87 and a current ratio of 13.98. The firm has a 50 day moving average price of $77.10 and a 200-day moving average price of $73.71. Scorpio Tankers has a 52-week low of $43.78 and a 52-week high of $87.39. The firm has a market capitalization of $4.00 billion, a price-to-earnings ratio of 7.79 and a beta of -0.24.

Scorpio Tankers Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a $0.45 dividend. This represents a $1.80 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Friday, May 29th. Scorpio Tankers’s payout ratio is 17.70%.

Institutional Trading of Scorpio Tankers

Hedge funds have recently made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Scorpio Tankers by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,500 shares of the shipping company’s stock valued at $996,000 after buying an additional 1,144 shares during the period. Intech Investment Management LLC raised its holdings in shares of Scorpio Tankers by 9.4% in the first quarter. Intech Investment Management LLC now owns 32,478 shares of the shipping company’s stock worth $1,221,000 after buying an additional 2,802 shares during the period. Legal & General Group Plc lifted its stake in shares of Scorpio Tankers by 11.2% during the 2nd quarter. Legal & General Group Plc now owns 9,985 shares of the shipping company’s stock worth $391,000 after acquiring an additional 1,005 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Scorpio Tankers by 593.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,807 shares of the shipping company’s stock valued at $110,000 after acquiring an additional 2,402 shares during the period. Finally, Marshall Wace LLP grew its position in Scorpio Tankers by 3.1% in the 2nd quarter. Marshall Wace LLP now owns 151,604 shares of the shipping company’s stock valued at $5,932,000 after acquiring an additional 4,618 shares during the last quarter. 54.64% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Zacks Research upgraded shares of Scorpio Tankers from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 14th. Evercore restated an “outperform” rating and issued a $94.00 price target on shares of Scorpio Tankers in a research note on Wednesday, July 22nd. Jefferies Financial Group assumed coverage on shares of Scorpio Tankers in a report on Friday, April 24th. They issued a “buy” rating and a $90.00 price objective on the stock. BTIG Research boosted their price target on Scorpio Tankers from $85.00 to $100.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, Bank of America cut shares of Scorpio Tankers from a “buy” rating to an “underperform” rating and reduced their price objective for the stock from $100.00 to $78.00 in a research note on Tuesday, June 30th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $88.14.

Read Our Latest Analysis on Scorpio Tankers

About Scorpio Tankers

(Get Free Report)

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.

Further Reading

Earnings History for Scorpio Tankers (NYSE:STNG)

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