Hafnia (NYSE:HAFN) Releases Earnings Results, Meets Estimates

Hafnia (NYSE:HAFN) announced its earnings results on Thursday. The company reported $0.22 EPS for the quarter, meeting analysts’ consensus estimates of $0.22, FiscalAI reports. The business had revenue of $592.96 million for the quarter, compared to analysts’ expectations of $285.64 million. Hafnia had a net margin of 35.54% and a return on equity of 14.75%.

Here are the key takeaways from Hafnia’s conference call:

• Hafnia reported strong 2024 results with a $774 million net profit, $1.4 billion TCE income and ROE of 34.5%, highlighting operational resilience.
• Management returned substantial capital—completed buybacks (~14.4m shares at ~$5.33, ≈$76.7m) and full‑year shareholder distributions of $640.8 million (payout ratio ~82.8%).
• Outlook is constructive for 2025: ~25% of days are covered at ≈$24k/day and management scenarios project net profits of ≈$300–400 million, but Q4 market softness and geopolitical risks (Red Sea, sanctions) add uncertainty.
• Fleet and sustainability progress—>200‑vessel platform, owned/charter NAV ~$3.8bn (NAV/share ~$7.63), average age 9.1 years, plus entry of dual‑fuel methanol MR “Ecomarc” and the new Seascale Energy bunker JV.
• Near‑term valuation risks: vessel market values fell in Q4, net LTV rose to 23.2% and shares have been trading at ~68–70% of NAV, reflecting a material discount and potential short‑term downside.

Hafnia Stock Up 3.3%

HAFN traded up $0.25 during trading on Friday, reaching $7.69. The company’s stock had a trading volume of 2,112,971 shares, compared to its average volume of 1,132,849. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.52 and a quick ratio of 1.38. The company’s fifty day moving average price is $6.09 and its 200-day moving average price is $6.05. Hafnia has a 52-week low of $3.61 and a 52-week high of $7.73.

Hafnia Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Friday, March 6th will be issued a $0.1762 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $0.70 dividend on an annualized basis and a yield of 9.2%. This is a boost from Hafnia’s previous quarterly dividend of $0.15. Hafnia’s dividend payout ratio is presently 86.76%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Fearnley Fonds raised Hafnia from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 2nd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Hafnia in a research report on Wednesday, December 24th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, Hafnia currently has a consensus rating of “Buy”.

Trending Headlines about Hafnia

Here are the key news stories impacting Hafnia this week:

• Positive Sentiment: Board approved a raised quarterly cash dividend of $0.1762 (record date Mar 6, payable Mar 13), a ~19.9% increase vs prior quarter and an indicated ~9.5% yield, which supports income-oriented demand for the shares. HAFNIA LIMITED: Key Information Relating to Dividend for the Fourth Quarter 2025
• Positive Sentiment: Q4 results beat on revenue (reported $592.96M vs. ~$285.6M consensus) while EPS matched at $0.22; margins and ROE remain healthy (net margin ~29.5%, ROE ~13.5%), giving the company room to sustain payouts and M&A activity. Hafnia Limited Announces Financial Results For The Three and Twelve Months Ended 31 December 2025
• Positive Sentiment: Management (CEO Skov) says consolidation with peer Torm is a “compelling long‑term value creation opportunity,” signaling potential strategic M&A that could drive scale, synergies and longer-term earnings upside if executed. Hafnia chief Skov: Consolidation with Torm a compelling long-term value creation opportunity
• Positive Sentiment: Company argues that scale supports energy-transition investments (decarbonization benefits), which can be a long-term competitive advantage and appeal to ESG-focused investors. Scale will bring energy transition benefits, says Hafnia
• Neutral Sentiment: Hafnia is selling 10 tankers while it “bides its time” on a possible Torm takeover — this could be a capital/rebalance move to fund or clear regulatory/financial issues for a deal; impact depends on use of proceeds and fleet replacement timing. Hafnia biding its time on Torm takeover as it sells 10 tankers
• Negative Sentiment: Analysts and coverage note a cooling tanker market — a fall in charter rates would pressure near‑term revenue and margins, introducing risk to forward earnings and dividend sustainability if weakness persists. Hafnia earnings ahead: Can rates hold in cooling tanker market?

Institutional Trading of Hafnia

A number of institutional investors have recently modified their holdings of HAFN. Virtu Financial LLC acquired a new position in Hafnia during the fourth quarter worth $174,000. Mcguire Capital Advisors Inc. purchased a new stake in shares of Hafnia during the 4th quarter worth $80,000. Mackenzie Financial Corp grew its stake in shares of Hafnia by 18.3% during the 4th quarter. Mackenzie Financial Corp now owns 240,088 shares of the company’s stock worth $1,297,000 after purchasing an additional 37,138 shares during the period. XTX Topco Ltd grew its stake in shares of Hafnia by 170.2% during the 4th quarter. XTX Topco Ltd now owns 282,479 shares of the company’s stock worth $1,506,000 after purchasing an additional 177,949 shares during the period. Finally, Quadrature Capital Ltd purchased a new position in shares of Hafnia in the 4th quarter valued at about $105,000.

About Hafnia

Hafnia is a global shipping company listed on the New York Stock Exchange under the ticker HAFN. The firm specializes in the marine transportation of refined petroleum products, providing safe and reliable shipping solutions across key global trade lanes. Its core operations focus on the carriage of gasoline, diesel, jet fuel and other clean petroleum products, catering to the needs of oil majors, trading houses and independent refiners.

The company operates a modern fleet of double-hulled product tankers, managed to comply with stringent safety and environmental standards.