Ardmore Shipping Corporation (ASC)

NYSE: ASC · Real-Time Price · USD
19.68
+0.84 (4.46%)
At close: May 20, 2026, 4:00 PM EDT
19.80
+0.12 (0.60%)
After-hours: May 20, 2026, 7:23 PM EDT
Market Cap803.00M +99.3%
Revenue (ttm)324.12M -13.2%
Net Income54.03M -41.7%
EPS1.32 -42.5%
Shares Out 40.80M
PE Ratio14.92
Forward PE5.25
Dividend$0.31 (1.58%)
Ex-Dividend DateMay 29, 2026
Volume889,895
Open18.93
Previous Close18.84
Day's Range18.86 - 19.69
52-Week Range9.18 - 20.03
Beta0.02
AnalystsStrong Buy
Price Target20.15 (+2.39%)
Earnings DateMay 7, 2026

About ASC

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company’s fleet consists of 26 vessels, including 25 owned Eco-design vessels and one chartered-in vessels. It serves oil majors, national oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is headquartered in Hamilton, Bermuda.

IPO Date Aug 1, 2013
Employees 57
Stock Exchange NYSE
Ticker Symbol ASC
Full Company Profile

Financial Performance

In 2025, Ardmore Shipping's revenue was $310.20 million, a decrease of -23.56% compared to the previous year's $405.78 million. Earnings were $36.07 million, a decrease of -71.95%.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for ASC stock is "Strong Buy." The 12-month stock price target is $20.15, which is an increase of 2.39% from the latest price.

Price Target
$20.15
(2.39% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ardmore Shipping Q1 Earnings Call Highlights

Ardmore Shipping NYSE: ASC reported higher first-quarter adjusted earnings and raised its dividend payout ratio, while management said disruption in the Middle East is tightening an already firm produ...

11 days ago - MarketBeat

Ardmore Shipping Earnings Call Transcript: Q1 2026

Q1 2026 saw strong earnings and TCE performance, with robust market conditions driven by Middle East disruptions and strategic fleet investments. Dividend payout was doubled, and capital allocation remains dynamic, supporting long-term growth and shareholder returns.

13 days ago - Transcripts

Ardmore Shipping Earnings release: Q1 2026

Ardmore Shipping released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.

13 days ago - Filings

Ardmore Shipping Slides: Q1 2026

Ardmore Shipping has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on May 7, 2026.

13 days ago - Filings

Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2026

HAMILTON, Bermuda, May 7, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2026. Highlights...

13 days ago - PRNewsWire

Ardmore Shipping provides capital allocation update and TCE guidance

Ardmore Shipping (ASC) provided the an update on capital allocation, vessel sale, and latest TCE guidance. The Company signed contracts for the construction of two highly-efficient and versatile 40,50...

21 days ago - TheFly

Ardmore Shipping Announces First Quarter 2026 Conference Call and Webcast

HAMILTON, Bermuda, April 29, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings be...

21 days ago - PRNewsWire

Ardmore Shipping Provides Update on Fleet Investment, Dividend Policy, and Vessel Sale

Signed contracts for the construction of two option two 40,500 dwt IMO2 product/chemical tankers Doubling dividend payout ratio to two-thirds of adjusted earnings, effective 1Q 2026 Agreed sale of one...

21 days ago - PRNewsWire

Ardmore Shipping price target lowered to $19 from $21 at Evercore ISI

Evercore ISI lowered the firm’s price target on Ardmore Shipping (ASC) to $19 from $21 and keeps an Outperform rating on the shares. The Iran War and Strait of Hormuz…

4 weeks ago - TheFly

Ardmore Shipping Files 2025 Annual Report on Form 20-F

HAMILTON, Bermuda, March 6, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") announced today that it has filed its Annual Report on Form 20-F for the year end...

2 months ago - PRNewsWire

Iran May Close the Strait of Hormuz. Why Shipping Stocks Would Benefit.

The U.S-Iran conflict could cause rates to rise, but shares of Frontline, DHT Holdings, and others have already rallied.

Other symbols: DHTFROSTNG
2 months ago - Barrons

Ardmore Shipping Earnings Call Transcript: Q4 2025

Strong financial results in 2025 were driven by robust market conditions, high vessel utilization, and disciplined capital allocation. Ongoing innovation, efficiency upgrades, and a flexible fleet position the company to capitalize on favorable industry trends and navigate evolving risks.

3 months ago - Transcripts

Ardmore Shipping Annual report: Q4 2025

Ardmore Shipping has published its Q4 2025 annual report on February 12, 2026.

3 months ago - Filings

Ardmore Shipping Annual report: Q4 2025

Ardmore Shipping has published its Q4 2025 annual report on February 12, 2026.

3 months ago - Filings

Ardmore Shipping Earnings release: Q4 2025

Ardmore Shipping released its Q4 2025 earnings on February 12, 2026, summarizing the period's financial results.

3 months ago - Filings

Ardmore Shipping Slides: Q4 2025

Ardmore Shipping has posted slides in relation to its Q4 2025 quarterly earnings report, which was published on February 12, 2026.

3 months ago - Filings

Ardmore Shipping reports Q4 adjusted EPS 28c vs. 25c last year

Reports Q4 revenue $82.9M vs. $82.0M last year. CEO Gernot Ruppelt commented: “Ardmore delivered a strong finish to 2025 and is carrying that momentum into the start of 2026, with…

3 months ago - TheFly

Ardmore Shipping Corporation Announces Financial Results For The Three and Twelve Months Ended December 31, 2025

HAMILTON, Bermuda, Feb. 12, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and twelve months ended December 31, ...

3 months ago - PRNewsWire

Ardmore Shipping Announces 2026 Investor Day in New York

The Company will present an overview of its strategy and capital allocation framework, along with an in-depth update on key developments and the outlook for the product and chemical tanker market. The...

3 months ago - PRNewsWire

Ardmore Shipping Earnings Call Transcript: Q3 2025

Q3 2025 saw adjusted earnings of $12.6M and strong TCE rates, supported by record product volumes, tight supply, and favorable market conditions. Three MR tankers were acquired, preferred shares redeemed, and the 12th consecutive dividend declared.

7 months ago - Transcripts

Ardmore Shipping Earnings release: Q3 2025

Ardmore Shipping released its Q3 2025 earnings on November 5, 2025, summarizing the period's financial results.

7 months ago - Filings

Ardmore Shipping Slides: Q3 2025

Ardmore Shipping has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on November 5, 2025.

7 months ago - Filings

Ardmore Shipping reports Q3 adjusted EPS 31c, consensus 27c

Reports Q3 revenue $$81.24M, consensus $50.75M. Gernot Ruppelt, the Company’s CEO, commented: ” Earnings have increased throughout the third quarter and into the fourth, driven by record volumes of re...

7 months ago - TheFly

Ardmore Shipping Corporation Announces Financial Results For The Three and Nine Months Ended September 30, 2025

HAMILTON, Bermuda , Nov. 5, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2...

7 months ago - PRNewsWire

Ardmore Shipping price target raised to $15 from $13 at Evercore ISI

Evercore ISI analyst Jonathan Chappell raised the firm’s price target on Ardmore Shipping (ASC) to $15 from $13 and keeps an Outperform rating on the shares. Heading into the winter…

7 months ago - TheFly