ARDMORE SHIPPING CORPORATION (ASC) is a publicly traded Industrials sector company. As of May 21, 2026, ASC trades at $19.69 with a market cap of $786.27M and a P/E ratio of 0.00. ASC moved +4.30% today. Year to date, ASC is +86.72%; over the trailing twelve months it is +89.23%. Its 52-week range spans $8.32 to $20.03. Analyst consensus is buy with an average price target of $19.00. Rallies surfaces ASC's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
What changed in ASC news today?
Ardmore Shipping Doubles Dividend Payout to 66%, Sees 20% Yield: Ardmore Shipping doubled its dividend payout ratio to 66% of earnings and plans annualized yields near 20% based on Q2 MR tanker rates around $50,000/day. The company’s low leverage, asset sales at record valuations and robust balance sheet underpin a $1.25 EPS forecast and future fleet expansion.
Ardmore Shipping Doubles Dividend Payout to 66%, Sees 20% Yield: Ardmore Shipping doubled its dividend payout ratio to 66% of earnings and plans annualized yields near 20% based on Q2 MR tanker rates around $50,000/day. The company’s low leverage, asset sales at record valuations and robust balance sheet underpin a $1.25 EPS forecast and future fleet expansion.
Does Rallies summarize ASC news?
Yes. Rallies summarizes ASC news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is ASC research on Rallies investment advice?
No. Rallies provides research, data, and educational context for ASC. It does not provide personalized investment advice.
