Ardmore Shipping Corp. Aktie News

Ardmore Shipping beat earnings expectations in seven out of the last eight quarters, raised its dividend by 47.6%, and 1Y price performance is +66%. According to consensus estimates, EPS is projected to grow 24% in FY24. Ardmore Shipping showcases a forward dividend yield of over 5.87% and EBIT and net income margins of ~30%.

Navigating the complex maze of trends and statistics is key to uncovering profitable investment opportunities. But in all the confusion, three small-cap companies stick out like lights, each showing the way toward possible success.

Shipping stocks, including Ardmore Shipping, have seen significant gains due to geopolitical tensions and odd global economic conditions. Ardmore Shipping has strong financials, with low debt and positive ratings on various valuation and profitability metrics. The company has benefited from disruptions in global shipping routes, leading to increased revenue from the shipping shortage.

Ardmore Shipping Corporation (NYSE:ASC ) Q1 2024 Earnings Conference Call May 8, 2024 10:00 AM ET Company Participants Anthony Gurnee - Chief Executive Officer Bart Kelleher - Chief Financial Officer Conference Call Participants Omar Nokta - Jefferies Jon Chappell - Evercore Climent Molins - Value Investor's Edge Operator Good morning, ladies and gentlemen and welcome to Ardmore Shipping's Firs...

HAMILTON, Bermuda , May 8, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three months ended March 31, 2024. Highlights and Recent Activity Reported net income and Adjusted earnings of $38.4 million for the three months ended March 31, 2024, or $0.93 earnings per basic share and $0.92 earnings per diluted share, c...

HAMILTON, Bermuda , April 24, 2024 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore" or the "Company") today announced that the Company plans to announce its first quarter earnings before the market opens Wednesday, May 8, 2024 and will host a conference call later in the day at 10:00 a.m. Eastern Time.

Recent market downturn due to inflation, high rates, geopolitics, and commodity costs presents dividend stock buying opportunities for higher yields, growth stability, and an inflation hedge. Dividend payments worldwide and in the U.S. hit all-time highs in 2023, a year that ended with record levels of cash on corporate balance sheets. Using SA's Dividend Scorecard, the Quant Team picked 10 sto...

If you've been keeping up with the news lately, you know tensions in the Middle East have been escalating significantly. While they've calmed down for the moment, as long as conflict continues raging in the region, it's only a matter of time before the next major flare-up.