Ardmore Shipping (ASC) Expected to Announce Earnings on Wednesday

Ardmore Shipping (NYSE:ASC) will likely be issuing its Q2 2026 results before the market opens on Wednesday, July 29th. Analysts expect Ardmore Shipping to post earnings of $1.21 per share and revenue of $86.9870 million for the quarter. Investors are encouraged to explore the company’s upcoming Q2 2026 earning report page 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 earnings results on Thursday, May 7th. The shipping company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.07. Ardmore Shipping had a net margin of 18.00% and a return on equity of 9.63%. The company had revenue of $87.92 million for the quarter, compared to analysts’ expectations of $58.08 million.

Ardmore Shipping Trading Up 2.9%

Shares of NYSE:ASC opened at $16.28 on Wednesday. Ardmore Shipping has a 52-week low of $9.99 and a 52-week high of $20.02. The company has a market capitalization of $663.13 million, a P/E ratio of 12.24 and a beta of 0.04. The company has a 50-day simple moving average of $16.68 and a 200 day simple moving average of $15.31. The company has a debt-to-equity ratio of 0.16, a quick ratio of 4.43 and a current ratio of 4.87.

Ardmore Shipping Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were paid a $0.39 dividend. This is a positive change from Ardmore Shipping’s previous quarterly dividend of $0.09. This represents a $1.56 annualized dividend and a yield of 9.6%. The ex-dividend date was Friday, May 29th. Ardmore Shipping’s dividend payout ratio is currently 117.29%.

Insider Buying and Selling

In other Ardmore Shipping news, President Bart B. Kelleher sold 8,000 shares of the stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $19.07, for a total value of $152,560.00. Following the transaction, the president directly owned 60,039 shares of the company’s stock, valued at $1,144,943.73. This represents a 11.76% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kirsi Tikka sold 12,000 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $18.93, for a total transaction of $227,160.00. Following the completion of the transaction, the director directly owned 35,471 shares in the company, valued at approximately $671,466.03. This represents a 25.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 40,000 shares of company stock valued at $766,048.

Institutional Investors Weigh In On Ardmore Shipping

A number of institutional investors have recently made changes to their positions in ASC. Moore Capital Management LP acquired a new position in shares of Ardmore Shipping in the fourth quarter valued at approximately $3,177,000. Franklin Resources Inc. lifted its holdings in Ardmore Shipping by 848.0% during the 3rd quarter. Franklin Resources Inc. now owns 324,295 shares of the shipping company’s stock worth $3,849,000 after purchasing an additional 290,087 shares during the last quarter. Trexquant Investment LP acquired a new stake in Ardmore Shipping during the 4th quarter worth approximately $1,947,000. Tudor Investment Corp ET AL boosted its stake in Ardmore Shipping by 133.0% in the 4th quarter. Tudor Investment Corp ET AL now owns 229,640 shares of the shipping company’s stock valued at $2,432,000 after purchasing an additional 131,069 shares during the period. Finally, Marex Group plc boosted its stake in Ardmore Shipping by 178.9% in the 4th quarter. Marex Group plc now owns 201,188 shares of the shipping company’s stock valued at $2,131,000 after purchasing an additional 129,063 shares during the period. Institutional investors own 62.22% of the company’s stock.

Wall Street Analysts Forecast Growth

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

About Ardmore Shipping

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.