Teekay Tankers (TNK) to Release Quarterly Earnings on Wednesday

Key Points

• Teekay Tankers is set to release its quarterly earnings for Q3 2025 on October 29th, with analysts predicting earnings of $1.10 per share and revenue of $133.649 million.
• The company recently declared a quarterly dividend of $0.25, which represents an annualized yield of 1.9% and a payout ratio of 12.42%.
• Teekay Tankers shares have been rated with a consensus of "Moderate Buy" by analysts, with a recent price target upgrade from $62 to $66 by Jefferies Financial Group.

Teekay Tankers (NYSE:TNK - Get Free Report) is expected to be posting its Q3 2025 results before the market opens on Wednesday, October 29th. Analysts expect Teekay Tankers to post earnings of $1.10 per share and revenue of $133.6490 million for the quarter. Individuals are encouraged to explore the company's upcoming Q3 2025 earningoverview page for the latest details on the call scheduled for Thursday, October 30, 2025 at 11:00 AM ET.

Teekay Tankers (NYSE:TNK - Get Free Report) last announced its earnings results on Wednesday, July 30th. The shipping company reported $1.41 EPS for the quarter, missing analysts' consensus estimates of $1.59 by ($0.18). Teekay Tankers had a net margin of 28.94% and a return on equity of 11.48%. The business had revenue of $154.23 million for the quarter, compared to the consensus estimate of $162.67 million. During the same quarter last year, the firm posted $3.11 EPS. On average, analysts expect Teekay Tankers to post $7 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Teekay Tankers Trading Down 3.2%

Shares of TNK stock opened at $53.72 on Wednesday. Teekay Tankers has a 12 month low of $33.35 and a 12 month high of $56.48. The stock has a market cap of $1.84 billion, a PE ratio of 6.67 and a beta of -0.07. The company's fifty day moving average price is $50.48 and its 200-day moving average price is $45.84.

Teekay Tankers Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Investors of record on Monday, August 11th were paid a $0.25 dividend. The ex-dividend date was Monday, August 11th. This represents a $1.00 dividend on an annualized basis and a yield of 1.9%. Teekay Tankers's payout ratio is presently 12.42%.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. Jefferies Financial Group upped their price target on shares of Teekay Tankers from $62.00 to $66.00 and gave the stock a "buy" rating in a research note on Monday. Clarkson Capital upgraded shares of Teekay Tankers to a "strong-buy" rating in a research note on Wednesday, October 8th. Zacks Research upgraded shares of Teekay Tankers from a "strong sell" rating to a "hold" rating in a research note on Monday, September 8th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Teekay Tankers in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $54.33.

Hedge Funds Weigh In On Teekay Tankers

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hudson Bay Capital Management LP lifted its stake in Teekay Tankers by 198.5% during the 2nd quarter. Hudson Bay Capital Management LP now owns 72,607 shares of the shipping company's stock valued at $3,029,000 after acquiring an additional 48,287 shares during the period. Engineers Gate Manager LP bought a new position in Teekay Tankers during the 2nd quarter valued at about $1,702,000. The Manufacturers Life Insurance Company lifted its stake in Teekay Tankers by 39.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 17,233 shares of the shipping company's stock valued at $719,000 after acquiring an additional 4,836 shares during the period. Raymond James Financial Inc. lifted its stake in Teekay Tankers by 2.3% during the 2nd quarter. Raymond James Financial Inc. now owns 15,978 shares of the shipping company's stock valued at $667,000 after acquiring an additional 366 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Teekay Tankers by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,263 shares of the shipping company's stock valued at $546,000 after acquiring an additional 610 shares during the period. Institutional investors own 52.67% of the company's stock.

Teekay Tankers Company Profile

Teekay Tankers Ltd. provides crude oil and other marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products; and tanker commercial and technical management services.

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