Ardmore Shipping (ASC) Expected to Release Earnings on Tuesday

Ardmore Shipping (NYSE:ASC) is anticipated to issue its Q3 2026 results before the market opens on Tuesday, November 3rd. Analysts expect the company to post earnings of $0.62 per share and revenue of $59.58 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 3, 2026 at 10:00 AM ET.

Ardmore Shipping (NYSE:ASC) last issued its quarterly earnings results on Thursday, July 30th. The shipping company reported $1.18 EPS for the quarter, topping the consensus estimate of $1.11 by $0.07. The firm had revenue of $116.21 million for the quarter, compared to analysts’ expectations of $86.30 million. Ardmore Shipping had a net margin of 29.67% and a return on equity of 15.24%.

Ardmore Shipping Price Performance

NYSE:ASC opened at $20.66 on Tuesday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 4.84 and a current ratio of 5.45. The stock’s 50-day simple moving average is $18.52 and its 200 day simple moving average is $16.31. Ardmore Shipping has a 52-week low of $10.31 and a 52-week high of $20.96. The company has a market cap of $841.71 million, a P/E ratio of 7.98 and a beta of 0.11.

Ardmore Shipping Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th were paid a dividend of $0.79 per share. The ex-dividend date was Friday, August 28th. This represents a $3.16 annualized dividend and a dividend yield of 15.3%. This is an increase from Ardmore Shipping’s previous quarterly dividend of $0.39. Ardmore Shipping’s dividend payout ratio is presently 122.01%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on ASC shares. Evercore reaffirmed an “outperform” rating on shares of Ardmore Shipping in a research report on Tuesday. Wall Street Zen upgraded Ardmore Shipping from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 5th. Finally, Weiss Ratings upgraded shares of Ardmore Shipping from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, September 22nd. Three analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $17.00.

About Ardmore Shipping

Ardmore Shipping Corporation (NYSE: ASC) is a maritime transportation company that owns and operates a fleet of product and chemical tankers. The company provides seaborne transportation services for refined petroleum products, such as gasoline, diesel and jet fuel, as well as certain chemicals and other liquid cargoes.

Ardmore’s vessels primarily serve international trade routes, transporting cargoes between major energy and industrial markets. Its operations include commercial management, chartering and technical management of its fleet, with an emphasis on safe, efficient and environmentally responsible maritime transportation.

Founded in 2010, Ardmore Shipping is headquartered in Hamilton, Bermuda.