Scorpio Tankers (NYSE:STNG – Get Free Report) is projected to announce its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $5.14 per share and revenue of $419.1020 million for the quarter. Parties can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:00 AM ET.
Scorpio Tankers (NYSE:STNG – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The shipping company reported $3.02 EPS for the quarter, beating analysts’ consensus estimates of $2.79 by $0.23. Scorpio Tankers had a return on equity of 11.72% and a net margin of 48.44%.The business had revenue of $312.86 million during the quarter, compared to the consensus estimate of $286.81 million. During the same quarter in the prior year, the company posted $1.03 earnings per share. The firm’s revenue was up 46.2% on a year-over-year basis. 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 Trading Down 1.2%
NYSE:STNG opened at $78.53 on Tuesday. The company has a current ratio of 13.98, a quick ratio of 13.87 and a debt-to-equity ratio of 0.16. Scorpio Tankers has a 1-year low of $43.78 and a 1-year high of $87.39. The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of 7.72 and a beta of -0.24. The business’s 50-day moving average price is $77.12 and its two-hundred day moving average price is $73.55.
Scorpio Tankers Announces Dividend
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on STNG. Jefferies Financial Group began coverage on shares of Scorpio Tankers in a research report on Friday, April 24th. They set a “buy” rating and a $90.00 price target on the stock. Zacks Research upgraded shares of Scorpio Tankers from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, July 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Scorpio Tankers in a research note on Thursday, June 18th. Evercore reaffirmed an “outperform” rating and set a $94.00 price objective on shares of Scorpio Tankers in a research note on Wednesday, July 22nd. Finally, BTIG Research lifted their target price on Scorpio Tankers from $85.00 to $100.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Scorpio Tankers currently has an average rating of “Moderate Buy” and an average price target of $88.14.
Read Our Latest Analysis on Scorpio Tankers
Institutional Trading of Scorpio Tankers
Several hedge funds have recently bought and sold shares of the stock. Merewether Investment Management LP bought a new position in Scorpio Tankers in the third quarter valued at approximately $38,471,000. Arrowstreet Capital Limited Partnership increased its position in shares of Scorpio Tankers by 68.3% during the third quarter. Arrowstreet Capital Limited Partnership now owns 806,049 shares of the shipping company’s stock worth $45,179,000 after acquiring an additional 326,973 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Scorpio Tankers by 91.9% during the second quarter. AQR Capital Management LLC now owns 642,673 shares of the shipping company’s stock worth $25,148,000 after acquiring an additional 307,815 shares during the period. Credit Agricole S A acquired a new stake in shares of Scorpio Tankers during the third quarter worth $16,703,000. Finally, Renaissance Technologies LLC raised its holdings in shares of Scorpio Tankers by 12.6% during the fourth quarter. Renaissance Technologies LLC now owns 1,223,015 shares of the shipping company’s stock worth $62,166,000 after acquiring an additional 137,000 shares during the period. 54.64% of the stock is currently owned by institutional investors and hedge funds.
Scorpio Tankers Company Profile
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.
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