Hafnia (NYSE:HAFN) Issues Earnings Results, Hits Estimates

Hafnia (NYSE:HAFN) released its earnings results on Thursday. The company reported $0.22 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.22, FiscalAI reports. The company had revenue of $592.96 million during the quarter, compared to analyst estimates of $285.64 million. Hafnia had a return on equity of 13.50% and a net margin of 29.50%.

Here are the key takeaways from Hafnia’s conference call:

• Hafnia reported strong 2024 results with a $774 million net profit, $1.4 billion TCE income and ROE of 34.5%, highlighting operational resilience.
• Management returned substantial capital—completed buybacks (~14.4m shares at ~$5.33, ≈$76.7m) and full‑year shareholder distributions of $640.8 million (payout ratio ~82.8%).
• Outlook is constructive for 2025: ~25% of days are covered at ≈$24k/day and management scenarios project net profits of ≈$300–400 million, but Q4 market softness and geopolitical risks (Red Sea, sanctions) add uncertainty.
• Fleet and sustainability progress—>200‑vessel platform, owned/charter NAV ~$3.8bn (NAV/share ~$7.63), average age 9.1 years, plus entry of dual‑fuel methanol MR “Ecomarc” and the new Seascale Energy bunker JV.
• Near‑term valuation risks: vessel market values fell in Q4, net LTV rose to 23.2% and shares have been trading at ~68–70% of NAV, reflecting a material discount and potential short‑term downside.

Hafnia Trading Up 2.4%

NYSE:HAFN traded up $0.18 during mid-day trading on Friday, hitting $7.62. The company had a trading volume of 908,273 shares, compared to its average volume of 1,241,420. The company has a current ratio of 1.52, a quick ratio of 1.38 and a debt-to-equity ratio of 0.29. Hafnia has a fifty-two week low of $3.61 and a fifty-two week high of $7.61. The business’s fifty day moving average is $6.04 and its two-hundred day moving average is $6.03.

Hafnia Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, March 6th will be paid a $0.1762 dividend. The ex-dividend date of this dividend is Friday, March 6th. This is a boost from Hafnia’s previous quarterly dividend of $0.15. This represents a $0.70 dividend on an annualized basis and a yield of 9.3%. Hafnia’s payout ratio is 96.72%.

Institutional Trading of Hafnia

Several hedge funds have recently added to or reduced their stakes in HAFN. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Hafnia by 82.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 431,462 shares of the company’s stock worth $1,795,000 after acquiring an additional 194,751 shares during the period. Jane Street Group LLC increased its holdings in Hafnia by 241.6% during the 1st quarter. Jane Street Group LLC now owns 815,341 shares of the company’s stock worth $3,392,000 after purchasing an additional 576,629 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Hafnia by 26.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 233,532 shares of the company’s stock worth $1,165,000 after purchasing an additional 49,409 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Hafnia by 138.5% in the 2nd quarter. First Trust Advisors LP now owns 144,871 shares of the company’s stock valued at $725,000 after purchasing an additional 84,140 shares during the period. Finally, Baird Financial Group Inc. bought a new stake in shares of Hafnia in the second quarter valued at about $131,000.

Analyst Ratings Changes

Several research firms have commented on HAFN. Weiss Ratings reissued a “hold (c-)” rating on shares of Hafnia in a research report on Wednesday, December 24th. Fearnley Fonds raised Hafnia from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 2nd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

More Hafnia News

Here are the key news stories impacting Hafnia this week:

• Positive Sentiment: Board approved a larger cash dividend — USD 0.1762/sh for Q4 (annualized yield ~9.5%), a 19.9% increase vs prior quarter; ex-dividend/record dates set, reinforcing yield-focused returns to shareholders. HAFNIA LIMITED: Key Information Relating to Dividend for the Fourth Quarter 2025
• Positive Sentiment: Reported Q4 results with EPS $0.22 (in line) but revenue of $592.96M vs analyst estimate ~$285.6M — strong top-line outperformance, 29.5% net margin and 13.5% ROE indicate robust profitability and cash flow. Hafnia Limited Announces Financial Results For The Three and Twelve Months Ended 31 December 2025
• Positive Sentiment: Management continues to push consolidation strategy with Torm, describing a potential combination as a “compelling long‑term value creation opportunity” — M&A optionality can support valuation via scale and cost synergies. Hafnia chief Skov: Consolidation with Torm a compelling long-term value creation opportunity
• Positive Sentiment: Company highlights that greater scale supports the energy transition (decarbonization investments, fleet modernization) — a strategic positive for long‑term demand and regulatory resilience. Scale will bring energy transition benefits, says Hafnia
• Neutral Sentiment: Hafnia is selling 10 tankers while it “bides its time” on any Torm takeover — this can be viewed as portfolio optimization or preparatory balance‑sheet/capital management ahead of consolidation. Hafnia biding its time on Torm takeover as it sells 10 tankers
• Neutral Sentiment: Full earnings call transcript notes — management stressed disciplined capital allocation and market uncertainty; useful for investors but no major change to guidance disclosed publicly. Hafnia Limited (HAFN) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Analysts flag that tanker freight rates may cool from recent highs — a softer market could pressure future revenue and margins, making earnings sustainability a watch item for investors. Hafnia earnings ahead: Can rates hold in cooling tanker market?

Hafnia Company Profile

Hafnia is a global shipping company listed on the New York Stock Exchange under the ticker HAFN. The firm specializes in the marine transportation of refined petroleum products, providing safe and reliable shipping solutions across key global trade lanes. Its core operations focus on the carriage of gasoline, diesel, jet fuel and other clean petroleum products, catering to the needs of oil majors, trading houses and independent refiners.

The company operates a modern fleet of double-hulled product tankers, managed to comply with stringent safety and environmental standards.