Teekay Tankers (TNK) Stock Price, News & Analysis

Company Overview

Teekay Tankers Ltd is an oil tanker shipping company that owns and operates a fleet of modern crude oil and petroleum product tankers. Listed on the New York Stock Exchange under the ticker symbol TNK, the company provides seaborne transportation services for crude oil, refined petroleum products and petrochemicals. Its operations range across major global trade lanes, offering a mix of spot market voyages and time-charter contracts to a diverse customer base in the oil and energy sector.

The company’s fleet includes a mix of Medium Range (MR), Long Range (LR1 and LR2), Suezmax and Aframax tankers designed to meet various cargo specifications and port restrictions. By balancing its exposure between fixed-rate fixtures and the spot market, Teekay Tankers aims to optimize revenue generation while maintaining operational flexibility. Its vessels are employed on routes spanning the Atlantic, Pacific and Indian Ocean regions, linking key oil-producing areas with major consumption centers worldwide.

Teekay Tankers was established through a corporate spin-off from Teekay Corporation, leveraging established maritime expertise and operational infrastructure. Headquartered in Hamilton, Bermuda, the company benefits from a global network of offices and technical partners overseeing crewing, maintenance and regulatory compliance. The management team comprises maritime industry professionals with extensive experience in tanker operations, finance and risk management, guiding the company’s strategic direction in a highly cyclical market.

Key Stats

• Today's Range: $53.16 to $56.44
• 50-Day Range: $42.34 to $55.96
• 52-Week Range: $33.35 to $62.45
• Volume: 1.12 million shs
• Average Volume: 519,122 shs
• Market Capitalization: $1.92 billion
• P/E Ratio: 6.95
• Dividend Yield: 1.79%
• Price Target: $50.67
• Consensus Rating: Moderate Buy

Teekay Tankers Stock Analysis - MarketRank™

Teekay Tankers scored higher than 60% of companies evaluated by MarketBeat, and ranked 69th out of 129 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.7 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Teekay Tankers has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 2 buy ratings, 1 hold rating, and 1 sell rating.

Downside Risk

Teekay Tankers has a consensus price target of $50.67, representing about 9.5% downside from its current price of $55.96.

Amount of Analyst Coverage

Teekay Tankers has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 39.55%

Earnings Growth

Earnings for Teekay Tankers are expected to grow by 39.55% in the coming year, from $7.13 to $9.95 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Teekay Tankers is 6.95, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 280.39.

Price to Earnings Ratio vs. Sector

The P/E ratio of Teekay Tankers is 6.95, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.77.

Price to Book Value per Share Ratio

Teekay Tankers has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.45% of the float of Teekay Tankers has been sold short.

Short Interest Ratio / Days to Cover

Teekay Tankers 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 month

Short interest in Teekay Tankers has recently increased by 1.24%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Teekay Tankers pays a meaningful dividend of 1.92%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Teekay Tankers has only been increasing its dividend for 2 years.

Dividend Coverage

The dividend payout ratio of Teekay Tankers is 12.42%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Teekay Tankers will have a dividend payout ratio of 10.05% next year. This indicates that Teekay Tankers will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.45% of the float of Teekay Tankers has been sold short.

Short Interest Ratio / Days to Cover

Teekay Tankers 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 month

Short interest in Teekay Tankers has recently increased by 1.24%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.44

News Sentiment

Teekay Tankers has a news sentiment score of 1.44. 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 0.98 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Teekay Tankers this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for TNK on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Teekay Tankers to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Teekay Tankers insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.90% of the stock of Teekay Tankers is held by insiders.

Percentage Held by Institutions

52.67% of the stock of Teekay Tankers is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TNK Stock Analysis - Frequently Asked Questions

How have TNK shares performed this year?

Teekay Tankers' stock was trading at $39.79 on January 1st, 2025. Since then, TNK stock has increased by 40.6% and is now trading at $55.9560.

How were Teekay Tankers' earnings last quarter?

Teekay Tankers Ltd. (NYSE:TNK) announced its earnings results on Wednesday, July, 30th. The shipping company reported $1.41 earnings per share for the quarter, missing the consensus estimate of $1.59 by $0.18. The shipping company earned $154.23 million during the quarter, compared to analysts' expectations of $162.67 million. Teekay Tankers had a trailing twelve-month return on equity of 11.48% and a net margin of 28.94%.
Read the conference call transcript.

When did Teekay Tankers' stock split?

Teekay Tankers's stock reverse split before market open on Monday, November 25th 2019.The 1-8 reverse split was announced on Wednesday, November 13th 2019. The number of shares owned by shareholders was adjusted after the market closes on Friday, November 22nd 2019. An investor that had 100 shares of stock prior to the reverse split would have 13 shares after the split.

Who are Teekay Tankers' major shareholders?

Teekay Tankers' top institutional shareholders include American Century Companies Inc. (2.95%), Ameriprise Financial Inc. (2.02%), JPMorgan Chase & Co. (1.23%) and Geode Capital Management LLC (1.05%).

How do I buy shares of Teekay Tankers?

Shares of TNK 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.

What other stocks do shareholders of Teekay Tankers own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Teekay Tankers investors own include Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR), TotalEnergies (TTE) and Southern First Bancshares (SFST).

Company Calendar

• Last Earnings: 7/30/2025
• Record date for 8/22 Dividend: 8/11/2025
• Ex-Dividend for 8/22 Dividend: 8/11/2025
• Dividend Payable: 8/22/2025
• Today: 9/15/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: TRANS - SHIP
• Sub-Industry: Oil & Gas Storage & Transportation
• Current Symbol: NYSE:TNK
• CIK: 1419945
• Web: www.teekay.com
• Phone: (441) 298-2530
• Fax: 441-292-3931
• Employees: 2,000
• Year Founded: 1973

Price Target and Rating

• Average Price Target for Teekay Tankers: $50.67
• High Price Target: $55.00
• Low Price Target: $46.00
• Potential Upside/Downside: -9.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): $8.05
• Trailing P/E Ratio: 6.95
• Forward P/E Ratio: 7.85
• P/E Growth: N/A
• Net Income: $403.67 million
• Net Margins: 28.94%
• Pretax Margin: 29.07%
• Return on Equity: 11.48%
• Return on Assets: 10.33%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.86
• Quick Ratio: 7.61

Sales & Book Value

• Annual Sales: $997.29 million
• Price / Sales: 1.92
• Cash Flow: $14.02 per share
• Price / Cash Flow: 3.99
• Book Value: $51.21 per share
• Price / Book: 1.09

Miscellaneous

• Outstanding Shares: 34,300,000
• Free Float: 33,648,000
• Market Cap: $1.92 billion
• Optionable: Optionable
• Beta: N/A