Scorpio Tankers (STNG) Set to Announce Quarterly Earnings on Wednesday

Scorpio Tankers (NYSE:STNG) will likely be releasing its Q3 2026 results before the market opens on Wednesday, October 28th. Analysts expect Scorpio Tankers to announce earnings of $2.19 per share and revenue of $248.38 million for the quarter. Individuals may visit the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Wednesday, October 28, 2026 at 8:00 AM ET.

Scorpio Tankers (NYSE:STNG) last announced its quarterly earnings results on Thursday, July 30th. The shipping company reported $4.68 earnings per share for the quarter, beating the consensus estimate of $4.56 by $0.12. The company had revenue of $408.73 million during the quarter, compared to analysts’ expectations of $398.25 million. Scorpio Tankers had a return on equity of 16.43% and a net margin of 67.16%. The firm’s quarterly revenue was up 77.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.41 earnings per share. On average, analysts expect Scorpio Tankers to post $11.28 EPS for the current fiscal year and $6.24 EPS for the next fiscal year.

Scorpio Tankers Trading Up 0.1%

Scorpio Tankers stock opened at $80.87 on Wednesday. The stock has a market cap of $4.08 billion, a P/E ratio of 5.05 and a beta of -0.17. Scorpio Tankers has a fifty-two week low of $48.93 and a fifty-two week high of $90.06. The firm’s fifty day moving average price is $82.37 and its 200-day moving average price is $79.32. The company has a debt-to-equity ratio of 0.14, a quick ratio of 6.89 and a current ratio of 6.93.

Scorpio Tankers Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $1.80 annualized dividend and a yield of 2.2%. Scorpio Tankers’s payout ratio is 11.24%.

Insider Activity at Scorpio Tankers

In other news, CFO Christopher Avella sold 56,500 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $86.57, for a total value of $4,891,205.00. Following the completion of the transaction, the chief financial officer owned 178,834 shares of the company’s stock, valued at approximately $15,481,659.38. This represents a 24.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Auste Adelborg sold 6,834 shares of the stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $89.64, for a total value of $612,599.76. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 420,133 shares of company stock valued at $36,611,311. 7.34% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Morgan Stanley increased their target price on shares of Scorpio Tankers from $76.00 to $90.00 and gave the company an “equal weight” rating in a report on Tuesday, October 13th. Zacks Research cut shares of Scorpio Tankers from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Evercore reissued 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 restated a “buy” rating and set a $100.00 price target on shares of Scorpio Tankers in a research report on Tuesday, August 4th. Finally, Bank of America restated an “underperform” rating on shares of Scorpio Tankers in a research report on Tuesday, September 8th. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $92.14.

Scorpio Tankers Company Profile

Scorpio Tankers Inc is a marine transportation company that owns, operates and manages a fleet of product tankers. The company primarily transports refined petroleum products, including gasoline, diesel, jet fuel and heating oil, as well as petrochemical feedstocks and other liquid products.

Its fleet has historically included medium-range, handymax and long-range product tankers, allowing Scorpio Tankers to serve both regional and long-haul trade routes. The company’s vessels transport cargoes between major refining, storage and consumption centers across international markets, supporting energy companies, commodity traders and other commercial customers.

Scorpio Tankers was established in 2009 and is incorporated in the Marshall Islands, with corporate operations based in Monaco.