Ardmore Shipping Corporation (ASC)
| Market Cap | 682.62M +52.0% |
| Revenue (ttm) | 368.29M +13.6% |
| Net Income | 105.58M +132.8% |
| EPS | 2.57 +147.5% |
| Shares Out | 40.85M |
| PE Ratio | 6.50 |
| Forward PE | 8.86 |
| Dividend | $0.31 (1.86%) |
| Ex-Dividend Date | Aug 28, 2026 |
| Volume | 365,639 |
| Open | 17.10 |
| Previous Close | 17.02 |
| Day's Range | 16.55 - 17.33 |
| 52-Week Range | 10.17 - 20.03 |
| Beta | 0.03 |
| Analysts | Strong Buy |
| Price Target | 20.50 (+22.68%) |
| Earnings Date | Jul 29, 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 $20.5, which is an increase of 22.68% from the latest price.
News
Ardmore Shipping Earnings Call Transcript: Q2 2026
Q2 2026 saw strong adjusted earnings and TCE rates, with robust dividends and continued fleet expansion. Market fundamentals remain highly supportive, driven by elevated refining margins, geopolitical disruptions, and long-term oil demand growth.
Ardmore Shipping Earnings release: Q2 2026
Ardmore Shipping released its Q2 2026 earnings on July 29, 2026, summarizing the period's financial results.
Ardmore Shipping Slides: Q2 2026
Ardmore Shipping has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on July 29, 2026.
Ardmore Shipping reports Q2 adjusted EPS $1.18 vs. 22c last year
Reports Q2 revenue $116.2M vs. $72.0M last year. Gernot Ruppelt, the Company’s CEO, commented: “Ardmore delivered strong second quarter performance, and current TCE bookings remain well above seasonal...
Ardmore Shipping Corporation Announces Financial Results For The Three and Six Months Ended June 30, 2026
HAMILTON, Bermuda, July 29, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2026. H...
Ardmore Shipping Announces Second Quarter 2026 Conference Call and Webcast
HAMILTON, Bermuda, July 22, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its second quarter earnings be...
Syntax Bio and Applied StemCell Announce Strategic Collaboration to Advance Stem Cell Innovation
CHICAGO & MILPITAS, Calif.--(BUSINESS WIRE)--Syntax Bio, a synthetic biology company programming the next generation of cell therapies, and Applied StemCell Corp. (ASC), a leader in induced pluripoten...
Ardmore Shipping Exercises Newbuilding Options
HAMILTON, Bermuda, June 16, 2026 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced it has exercised the options for two additional 40,500 dwt Handys...
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.
Ardmore Shipping Earnings release: Q1 2026
Ardmore Shipping released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.
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.
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 Annual report: Q4 2025
Ardmore Shipping has published its Q4 2025 annual report on February 12, 2026.
Ardmore Shipping Annual report: Q4 2025
Ardmore Shipping has published its Q4 2025 annual report on February 12, 2026.
Ardmore Shipping Earnings release: Q4 2025
Ardmore Shipping released its Q4 2025 earnings on February 12, 2026, summarizing the period's financial results.
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.
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, ...