B. Riley Brokers Lift Earnings Estimates for Scorpio Tankers

Scorpio Tankers Inc. (NYSE:STNG) – Equities research analysts at B. Riley boosted their Q3 2025 earnings per share estimates for shares of Scorpio Tankers in a report issued on Thursday, October 16th. B. Riley analyst L. Burke now expects that the shipping company will post earnings of $1.19 per share for the quarter, up from their prior estimate of $0.45. B. Riley currently has a “Buy” rating and a $80.00 target price on the stock. The consensus estimate for Scorpio Tankers’ current full-year earnings is $5.29 per share. B. Riley also issued estimates for Scorpio Tankers’ Q4 2025 earnings at $1.58 EPS, FY2025 earnings at $5.22 EPS and FY2026 earnings at $4.66 EPS.

Scorpio Tankers (NYSE:STNG) last announced its earnings results on Wednesday, July 30th. The shipping company reported $1.41 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.38. The firm had revenue of $222.76 million during the quarter, compared to analysts’ expectations of $219.26 million. Scorpio Tankers had a return on equity of 8.08% and a net margin of 39.18%.The company’s quarterly revenue was down 39.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $3.60 EPS.

Other equities analysts have also recently issued research reports about the company. Zacks Research upgraded Scorpio Tankers from a “hold” rating to a “strong-buy” rating in a report on Friday, September 12th. Weiss Ratings restated a “hold (c)” rating on shares of Scorpio Tankers in a report on Wednesday, October 8th. Jefferies Financial Group boosted their price objective on Scorpio Tankers from $65.00 to $70.00 and gave the company a “buy” rating in a report on Monday, September 8th. Finally, Bank of America boosted their price objective on Scorpio Tankers from $60.00 to $66.00 and gave the company a “buy” rating in a report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Scorpio Tankers currently has an average rating of “Buy” and an average target price of $64.40.

Scorpio Tankers Price Performance

Shares of Scorpio Tankers stock opened at $57.95 on Monday. The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 7.90 and a beta of 0.01. The company has a debt-to-equity ratio of 0.28, a quick ratio of 4.83 and a current ratio of 4.95. The stock has a 50 day moving average price of $53.85 and a 200-day moving average price of $45.39. Scorpio Tankers has a one year low of $30.63 and a one year high of $67.50.

Scorpio Tankers Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Wednesday, August 13th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Wednesday, August 13th. Scorpio Tankers’s dividend payout ratio is currently 21.80%.

Institutional Investors Weigh In On Scorpio Tankers

Several hedge funds have recently made changes to their positions in STNG. Pinnacle Holdings LLC purchased a new stake in shares of Scorpio Tankers in the 1st quarter worth $26,000. Signaturefd LLC raised its position in shares of Scorpio Tankers by 95.6% in the 1st quarter. Signaturefd LLC now owns 761 shares of the shipping company’s stock worth $29,000 after acquiring an additional 372 shares in the last quarter. Spire Wealth Management raised its position in shares of Scorpio Tankers by 77.1% in the 2nd quarter. Spire Wealth Management now owns 758 shares of the shipping company’s stock worth $30,000 after acquiring an additional 330 shares in the last quarter. Nomura Asset Management Co. Ltd. raised its position in shares of Scorpio Tankers by 143.8% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 780 shares of the shipping company’s stock worth $31,000 after acquiring an additional 460 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Scorpio Tankers by 206.1% in the 2nd quarter. GAMMA Investing LLC now owns 854 shares of the shipping company’s stock worth $33,000 after acquiring an additional 575 shares in the last quarter. 54.64% of the stock is currently owned by hedge funds and other institutional investors.

Scorpio Tankers Company Profile

Scorpio Tankers Inc, together with its subsidiaries, engages in the seaborne transportation of crude oi and refined petroleum products in the shipping markets worldwide. As of March 21, 2024, its fleet consisted of 110 owned and leases financed tanker, including 39 LR2, 57 MR, and 14 Handymax with a weighted average age of approximately 8.1 years.