NYSE:ASC Ardmore Shipping (ASC) Stock Price, News & Analysis → At first glance, this chart looks like nonsense… (From The TradingPub) (Ad) Free ASC Stock Alerts $16.36 +0.33 (+2.06%) (As of 03:46 PM ET) Add Compare Share Share Today's Range$15.99▼$16.4350-Day Range$15.59▼$16.9452-Week Range$11.59▼$17.05Volume318,883 shsAverage Volume640,828 shsMarket Capitalization$664.71 millionP/E Ratio5.99Dividend Yield5.13%Price Target$21.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Ardmore Shipping alerts: Email Address Ardmore Shipping MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside28.4% Upside$21.00 Price TargetShort InterestHealthy2.42% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-6.65Upright™ Environmental ScoreNews Sentiment0.60Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth-36.84%From $2.66 to $1.68 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.53 out of 5 starsTransportation Sector18th out of 110 stocksDeep Sea Foreign Transportation Of Freight Industry3rd out of 26 stocks 3.5 Analyst's Opinion Consensus RatingArdmore Shipping has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoverageArdmore Shipping has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.42% of the outstanding shares of Ardmore Shipping have been sold short.Short Interest Ratio / Days to CoverArdmore Shipping has a short interest ratio ("days to cover") of 1.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Ardmore Shipping has recently decreased by 8.01%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipArdmore Shipping is a leading dividend payer. It pays a dividend yield of 5.29%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthArdmore Shipping has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Ardmore Shipping is 30.77%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Ardmore Shipping will have a dividend payout ratio of 50.00% next year. This indicates that Ardmore Shipping will be able to sustain or increase its dividend. Previous Next 0.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreArdmore Shipping has received a -78.74% net impact score from Upright. The largest negative impact of Ardmore Shipping in category "GHG emissions" seems to be driven mostly by its "Diesel ship freight transport services for the oil industry", "Diesel ship freight transport services", and "Diesel ship freight transport services for the chemicals industry" products. See details.Environmental SustainabilityThe Environmental Impact score for Ardmore Shipping is -6.65. Previous Next 2.6 News and Social Media Coverage News SentimentArdmore Shipping has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Ardmore Shipping this week, compared to 2 articles on an average week.Search InterestOnly 10 people have searched for ASC on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Ardmore Shipping to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ardmore Shipping insiders have not sold or bought any company stock.Percentage Held by Institutions62.22% of the stock of Ardmore Shipping is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Ardmore Shipping are expected to decrease by -36.84% in the coming year, from $2.66 to $1.68 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ardmore Shipping is 5.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.57.Price to Earnings Ratio vs. SectorThe P/E ratio of Ardmore Shipping is 5.99, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 15.75.Price to Book Value per Share RatioArdmore Shipping has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad DTIA new way to collect income from stocksMost people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively… Click here to see me place one of these trades LIVE on camera. About Ardmore Shipping Stock (NYSE:ASC)Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. The company's fleet consists of 22 owned vessels including 21 Eco-design and 1 Eco-mod vessel, and four chartered-in vessels. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. Ardmore Shipping Corporation was founded in 2010 and is headquartered in Pembroke, Bermuda.Read More ASC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ASC Stock News HeadlinesApril 23, 2024 | investorplace.com3 Oil Stocks to Buy Before the Middle East SparkApril 21, 2024 | americanbankingnews.comArdmore Shipping (NYSE:ASC) PT Raised to $22.00 at Stifel NicolausApril 23, 2024 | WealthPress (Ad)$25,000 into $109,616 in two months? Today I want to show you how our research shows you could’ve grown a $25,000 account into $109,616.12 within the last TWO months. You see, former multi-million dollar hedge fund manager Roger Scott spent the better half of 2023 developing what might be the most advanced trading tool that exists… It’s a revolutionary software system that tracks the moves of institutional investors…. in real time…April 19, 2024 | americanbankingnews.comArdmore Shipping (NYSE:ASC) Stock Rating Lowered by StockNews.comApril 14, 2024 | finance.yahoo.comAre Investors Undervaluing Ardmore Shipping Corporation (NYSE:ASC) By 50%?April 13, 2024 | americanbankingnews.comArdmore Shipping (NYSE:ASC) Stock Price Up 3.3%April 13, 2024 | americanbankingnews.comArdmore Shipping (NYSE:ASC) Rating Increased to Buy at StockNews.comApril 2, 2024 | finance.yahoo.comArdmore Shipping (ASC) Dips More Than Broader Market: What You Should KnowApril 23, 2024 | Behind the Markets (Ad)Pentagon contract could send this $2 AI stock soaringWhenever the Department of Defense awards a major AI contract... 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That's how my readers were able to cash in gains like 133% in just four months on C3.ai...March 15, 2024 | prnewswire.comArdmore Shipping Files 2023 Annual Report on Form 20-FMarch 11, 2024 | msn.comPOLICE: Birmingham man steals car, robs Ardmore Burger KingMarch 8, 2024 | finance.yahoo.comIs Ardmore Shipping Corporation's (NYSE:ASC) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?March 8, 2024 | investing.comU.S. Representative Virginia Foxx Just Reported a Purchase of $ASC stockFebruary 29, 2024 | uk.finance.yahoo.comArdmore Shipping Corporation (ASC)February 24, 2024 | msn.comArdmore Shipping (ASC) Price Target Increased by 8.60% to 20.60February 23, 2024 | seekingalpha.comArdmore Shipping: Lackluster Shareholders Returns, Better Value Elsewhere (Rating Downgrade)February 21, 2024 | seekingalpha.comArdmore Shipping: Solid Q4, But Q1 Will Be Even BetterFebruary 18, 2024 | finance.yahoo.comINSW Sep 2024 70.000 putFebruary 17, 2024 | money.usnews.comArdmore Shipping CorpFebruary 17, 2024 | finance.yahoo.comArdmore Shipping Full Year 2023 Earnings: Revenues Beat Expectations, EPS In LineFebruary 16, 2024 | markets.businessinsider.comStifel Nicolaus Keeps Their Buy Rating on Ardmore Shipping (ASC)February 16, 2024 | msn.comArdmore Shipping declares $0.21 dividendFebruary 16, 2024 | finance.yahoo.comArdmore Shipping Corporation (NYSE:ASC) Q4 2024 Earnings Call TranscriptFebruary 15, 2024 | finance.yahoo.comArdmore Shipping (ASC) Q4 Earnings and Revenues Surpass EstimatesFebruary 15, 2024 | seekingalpha.comArdmore Shipping Corporation 2023 Q4 - Results - Earnings Call PresentationFebruary 15, 2024 | finance.yahoo.comArdmore Shipping Corporation Announces Financial Results For The Three and Twelve Months Ended December 31, 2023February 15, 2024 | prnewswire.comArdmore Shipping Corporation Announces Financial Results For The Three and Twelve Months Ended December 31, 2023See More Headlines Receive ASC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ardmore Shipping and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/15/2024Ex-Dividend for 3/15 Dividend2/28/2024Dividend Payable3/15/2024Today4/23/2024Next Earnings (Estimated)5/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNYSE:ASC CUSIPN/A CIK1577437 Webardmoreshipping.com Phone(441) 405-7800FaxN/AEmployees56Year Founded2010Price Target and Rating Average Stock Price Target$21.00 High Stock Price Target$22.00 Low Stock Price Target$20.00 Potential Upside/Downside+29.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.73 Trailing P/E Ratio5.94 Forward P/E Ratio6.10 P/E GrowthN/ANet Income$116.81 million Net Margins29.50% Pretax Margin29.87% Return on Equity22.76% Return on Assets16.80% Debt Debt-to-Equity Ratio0.15 Current Ratio3.75 Quick Ratio3.38 Sales & Book Value Annual Sales$395.98 million Price / Sales1.66 Cash Flow$3.58 per share Price / Cash Flow4.53 Book Value$12.60 per share Price / Book1.29Miscellaneous Outstanding Shares40,630,000Free FloatN/AMarket Cap$659.02 million OptionableOptionable Beta0.38 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Anthony Gurnee CFA (Age 64)Founder, President, CEO & Director Mr. Bart B. Kelleher (Age 48)Secretary & CFO Mr. Mark Cameron (Age 58)Executive VP & COO Mr. Barry O'NeillDirector of AccountingKey CompetitorsTeekayNYSE:TKEagle Bulk ShippingNASDAQ:EGLETsakos Energy NavigationNYSE:TNPGlobal Ship LeaseNYSE:GSLSafe BulkersNYSE:SBView All CompetitorsInstitutional OwnershipNorden Group LLCBought 10,108 shares on 4/19/2024Ownership: 0.025%Sunbelt Securities Inc.Bought 3,266 shares on 4/15/2024Ownership: 0.008%Wellington Management Group LLPBought 134,233 shares on 3/5/2024Ownership: 1.715%Virtu Financial LLCBought 15,033 shares on 2/26/2024Ownership: 0.037%Black Maple Capital Management LPSold 7,500 shares on 2/15/2024Ownership: 0.032%View All Institutional Transactions ASC Stock Analysis - Frequently Asked Questions Should I buy or sell Ardmore Shipping stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ardmore Shipping in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ASC shares. View ASC analyst ratings or view top-rated stocks. What is Ardmore Shipping's stock price target for 2024? 2 brokerages have issued 12-month target prices for Ardmore Shipping's stock. Their ASC share price targets range from $20.00 to $22.00. On average, they expect the company's stock price to reach $21.00 in the next twelve months. This suggests a possible upside of 28.4% from the stock's current price. View analysts price targets for ASC or view top-rated stocks among Wall Street analysts. How have ASC shares performed in 2024? Ardmore Shipping's stock was trading at $14.09 on January 1st, 2024. Since then, ASC shares have increased by 16.1% and is now trading at $16.36. View the best growth stocks for 2024 here. Are investors shorting Ardmore Shipping? Ardmore Shipping saw a decrease in short interest in the month of March. As of March 31st, there was short interest totaling 984,300 shares, a decrease of 8.0% from the March 15th total of 1,070,000 shares. Based on an average trading volume of 661,800 shares, the short-interest ratio is currently 1.5 days. View Ardmore Shipping's Short Interest. When is Ardmore Shipping's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our ASC earnings forecast. How were Ardmore Shipping's earnings last quarter? Ardmore Shipping Co. (NYSE:ASC) released its quarterly earnings data on Thursday, February, 15th. The shipping company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.61 by $0.02. The shipping company had revenue of $98.80 million for the quarter, compared to analyst estimates of $64.26 million. Ardmore Shipping had a trailing twelve-month return on equity of 22.76% and a net margin of 29.50%. Ardmore Shipping's revenue for the quarter was down 25.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.33 earnings per share. How often does Ardmore Shipping pay dividends? What is the dividend yield for Ardmore Shipping? Ardmore Shipping declared a quarterly dividend on Thursday, February 15th. Investors of record on Thursday, February 29th will be given a dividend of $0.21 per share on Friday, March 15th. This represents a $0.84 annualized dividend and a yield of 5.13%. The ex-dividend date is Wednesday, February 28th. This is a boost from the stock's previous quarterly dividend of $0.16. Read our dividend analysis for ASC. Is Ardmore Shipping a good dividend stock? Ardmore Shipping (NYSE:ASC) pays an annual dividend of $0.84 per share and currently has a dividend yield of 5.29%. ASC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 30.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ASC will have a dividend payout ratio of 50.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for ASC. What ETFs hold Ardmore Shipping's stock? ETFs with the largest weight of Ardmore Shipping (NYSE:ASC) stock in their portfolio include SonicShares Global Shipping ETF (BOAT).Invesco Russell 2000 Dynamic Multifactor ETF (OMFS). What is Nick Beighton's approval rating as Ardmore Shipping's CEO? 415 employees have rated Ardmore Shipping Chief Executive Officer Nick Beighton on Glassdoor.com. Nick Beighton has an approval rating of 55% among the company's employees. This puts Nick Beighton in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Ardmore Shipping own? Based on aggregate information from My MarketBeat watchlists, some companies that other Ardmore Shipping investors own include Petra Diamonds (PDL), General Electric (GE), Intelsat (I), AT&T (T), Scorpio Tankers (STNG), AMC Entertainment (AMC), Energy Transfer (ET), Advanced Micro Devices (AMD), Zynga (ZNGA) and Bank of America (BAC). Who are Ardmore Shipping's major shareholders? Ardmore Shipping's stock is owned by a variety of retail and institutional investors. Top institutional investors include Norden Group LLC (0.02%) and Sunbelt Securities Inc. (0.01%). View institutional ownership trends. How do I buy shares of Ardmore Shipping? Shares of ASC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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