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Ardmore Shipping/$ASC

1D1W1M3M6MYTD1Y5YMAX

About Ardmore Shipping

Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The company markets its services directly to its customers and commercial pool operators and charters its vessels to them through a combination of spot, commercial pooling, and time-charter arrangements. The majority of its revenue is generated from spot voyages, which typically last less than three months.
Ticker
$ASC
Sector
Energy
Primary listing
NYSE
Employees
57
Headquarters
Hamilton, Bermuda
Website
ardmoreshipping.com

Ardmore Shipping Metrics

BasicAdvanced
$698M
6.40
$2.67
0.11
$1.37
18.49%

What the Analysts think about Ardmore Shipping

Analyst ratings (Buy, Hold, Sell) for Ardmore Shipping stock.
Analyst projections of the future price of Ardmore Shipping stock.

Bulls say / Bears say

MR spot bookings for the fourth quarter averaged $57,600 per day and chemical tanker bookings $30,100 per day as of 3 November, against an operating cash breakeven of $10,800 per day. If these rates hold, the gap gives Ardmore strong operating leverage. (Ardmore Shipping, The Motley Fool)
Ardmore declared a $0.27 per-share dividend for the third quarter under its policy of paying out two-thirds of adjusted earnings. That policy returns cash to shareholders when the company is profitable. (Ardmore Shipping)
Ardmore is selling older tonnage and adding six Handysize product and chemical tankers, with deliveries due from late 2028. This refreshes the fleet and positions the company in a segment where Ardmore’s latest results presentation showed a small order book and many ageing ships. (Splash247, The Motley Fool)
Ardmore warns that an end to current conflicts could reverse trade patterns and materially reduce tanker demand, freight rates and vessel values. That makes some of the current market support vulnerable to geopolitical change. (Ardmore Shipping)
The product tanker order book could add up to 30% to fleet capacity, and an industry executive told S&P Global that ton-mile growth alone may not absorb that increase. If supply outpaces demand, utilisation and freight rates could come under pressure. (S&P Global)
The six newbuildings leave about $257.8 million of instalments to fund, while Ardmore reported 32% effective leverage including those commitments. That capital burden could reduce flexibility if tanker rates weaken before the ships are delivered. (Baird Maritime, The Motley Fool)
Data summarised monthly by Lightyear AI. Last updated on 6 Nov 2026.

Ardmore Shipping Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Ardmore Shipping Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Ardmore Shipping News

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Ardmore Shipping Q3 Earnings Call Highlights

MarketBeat3 days ago

Funds containing Ardmore Shipping

Funds
Fund name
Fund size
$ASC weighting
SPDR Russell 2000 US Small Cap€R2US
$5.3B0.02%
SPDR Russell 2000 US Small Cap£R2SC
$5.3B0.02%
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