Ardmore Shipping Corporation (ASC)
| Market Cap | 791.16M +108.7% |
| Revenue (ttm) | 324.12M -13.2% |
| Net Income | 54.03M -41.7% |
| EPS | 1.32 -42.5% |
| Shares Out | 40.80M |
| PE Ratio | 14.80 |
| Forward PE | 6.47 |
| Dividend | $0.31 (1.59%) |
| Ex-Dividend Date | May 29, 2026 |
| Volume | 440,341 |
| Open | 19.85 |
| Previous Close | 19.53 |
| Day's Range | 19.30 - 20.03 |
| 52-Week Range | 9.18 - 20.00 |
| Beta | 0.02 |
| Analysts | Strong Buy |
| Price Target | 17.00 (-12.33%) |
| Earnings Date | May 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.
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 StatementsAnalyst Summary
According to 2 analysts, the average rating for ASC stock is "Strong Buy." The 12-month stock price target is $17.0, which is a decrease of -12.33% from the latest price.
News
Ardmore Shipping Earnings Call Transcript: Q1 2026
Q1 2026 saw strong earnings and record TCE rates, driven by Middle East disruptions and tight vessel supply. Strategic fleet investments, increased dividends, and asset sales position the company for continued growth amid robust market fundamentals.
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...
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...
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...
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...
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…
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...
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.
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.
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…
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, ...
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...
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.
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...
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...
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…
Ardmore Shipping Announces Third Quarter 2025 Conference Call and Webcast
HAMILTON, Bermuda , Oct. 22, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its third quarter earnings be...
Ardmore Shipping Earnings Call Transcript: Q2 2025
Q2 2025 saw strong earnings and rising TCE rates, supported by favorable market dynamics and strategic fleet growth. Financial flexibility improved with a major refinancing, while ongoing capital discipline and industry trends position the company for continued outperformance.
Ardmore Shipping reports Q2 adjusted EPS 22c, consensus 18c
Reports Q2 revenue $72M vs. 121.3M last year. Gernot Ruppelt, the Company’s CEO, commented: “Earnings have continued to strengthen through the first half of 2025 and into the third quarter.
Ardmore Shipping Corporation Announces Financial Results For The Three and Six Months Ended June 30, 2025
HAMILTON, Bermuda , July 30, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2025. ...
Ardmore Shipping Announces Second Quarter 2025 Conference Call and Webcast
HAMILTON, Bermuda , July 16, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its second quarter earnings b...
Ardmore Shipping Earnings Call Transcript: Q1 2025
Adjusted Q1 earnings reached $5.6 million ($0.14/share) with strong TCE rates and a robust balance sheet. Dividend policy continues, fleet upgrades advance, and leadership transitions are underway. Market fundamentals remain constructive amid supply constraints.
Ardmore Shipping appoints Robert Gaina as COO effective January 1, 2026
Ardmore Shipping (ASC) announced that, effective January 1, 2026, Robert Gaina, currently SVP, Commercial, will assume the role of COO concurrent with Mark Cameron’s long-planned retirement. Cameron h...
Ardmore Shipping reports Q1 adjusted EPS 14c, consensus 12c
Reports Q1 revenue $74M vs. $106.3M last year. CEO Gernot Ruppelt commented, Ardmore’s deliberate strategic choices in past and present have ensured the company is well prepared for an increasingly…
Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended March 31, 2025
HAMILTON, Bermuda , May 7, 2025 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2025. Highlight...