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: $90.53 to $94.44
• 50-Day Range: $64.22 to $90.93
• 52-Week Range: $47.07 to $94.44
• Volume: 419,606 shs
• Average Volume: 376,113 shs
• Market Capitalization: $3.14 billion
• P/E Ratio: 5.36
• Dividend Yield: 1.10%
• Price Target: $77.00
• Consensus Rating: Moderate Buy

Teekay Tankers Stock Analysis - MarketRank™

Teekay Tankers scored higher than 58% of companies evaluated by MarketBeat, and ranked 135th out of 251 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Teekay Tankers has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 strong buy rating, 3 buy ratings, 3 hold ratings, and 1 sell rating.

Downside Risk

Teekay Tankers has a consensus price target of $77.00, representing about 15.3% downside from its current price of $90.89.

Amount of Analyst Coverage

Teekay Tankers has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -51.62%

Earnings Growth

Earnings for Teekay Tankers are expected to decrease by -51.62% in the coming year, from $15.40 to $7.45 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Teekay Tankers is 5.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of Teekay Tankers is 5.36, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 20.56.

Price to Book Value per Share Ratio

Teekay Tankers has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.51% 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 2.68, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Teekay Tankers has recently decreased by 8.98%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Teekay Tankers pays a meaningful dividend of 1.10%, 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 5.89%. 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 13.42% next year. This indicates that Teekay Tankers will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.1 / 5
• News Sentiment: 0.40

News Sentiment

Teekay Tankers has a news sentiment score of 0.40. 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 lower news sentiment than the 0.76 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Teekay Tankers this week, compared to 2 articles on an average week.

Search Interest

Only 3 people have searched for TNK on MarketBeat in the last 30 days. This is a decrease of -67% 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: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Teekay Tankers insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,138,777.00 in company stock.

Percentage Held by Insiders

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.

Company Calendar

• Record date for 6/2 Dividend: 5/26/2026
• Ex-Dividend for 6/2 Dividend: 5/26/2026
• Dividend Payable: 6/02/2026
• Last Earnings: 7/29/2026
• Record date for 8/21 Dividend: 8/10/2026
• Ex-Dividend for 8/21 Dividend: 8/10/2026
• Dividend Payable: 8/21/2026
• Today: 8/22/2026
• Next Earnings (Estimated): 11/04/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• 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: 2,130
• Year Founded: 1973

Price Target and Rating

• Average Price Target for Teekay Tankers: $77.00
• High Price Target: $86.00
• Low Price Target: $70.00
• Potential Upside/Downside: -15.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $16.97
• Trailing P/E Ratio: 5.36
• Forward P/E Ratio: 5.90
• P/E Growth: N/A
• Net Income: $351.19 million
• Net Margins: 51.35%
• Pretax Margin: 51.87%
• Return on Equity: 22.11%
• Return on Assets: 20.23%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 9.99
• Quick Ratio: 9.73

Sales & Book Value

• Annual Sales: $951.80 million
• Price / Sales: 3.30
• Cash Flow: $9.45 per share
• Price / Cash Flow: 9.62
• Book Value: $68.77 per share
• Price / Book: 1.32

Miscellaneous

• Outstanding Shares: 34,550,000
• Free Float: 33,892,000
• Market Cap: $3.14 billion
• Optionable: Optionable
• Beta: -0.22