Teekay Tankers Company Profile (NYSE:TNK)

About Teekay Tankers

Teekay Tankers logoTeekay Tankers Ltd. is an international provider of marine transportation to the oil industries. The Company's business is to own crude oil and product tankers. The Company owns around 11 Aframax Tankers, three medium range product tankers, 10 Suezmax tankers and three long range 2 product tankers. The Company's chartered-in vessels include eight Aframax Tankers and four long range 2 product tankers. The Company also operates one 50% owned very large crude carrier (VLCC). The Company's operations are managed by Teekay Tankers Management Services Ltd., which provides the Company with commercial, technical, administrative and strategic services.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Exchange: NYSE
  • Symbol: TNK
  • CUSIP: Y8565N10
Key Metrics:
  • Previous Close: $2.49
  • 50 Day Moving Average: $2.70
  • 200 Day Moving Average: $3.29
  • 52-Week Range: $2.45 - $8.53
  • Trailing P/E Ratio: 2.44
  • Foreward P/E Ratio: 2.96
  • P/E Growth: 1.30
  • Market Cap: $389.19M
  • Outstanding Shares: 156,300,000
  • Beta: 2.42
Profitability:
  • Net Margins: 26.09%
  • Return on Equity: 18.71%
  • Return on Assets: 8.07%
Debt:
  • Debt-to-Equity Ratio: 0.96%
  • Current Ratio: 1.10%
  • Quick Ratio: 1.10%
Additional Links:
Companies Related to Teekay Tankers:

Analyst Ratings

Consensus Ratings for Teekay Tankers (NYSE:TNK) (?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $7.16 (187.43% upside)

Analysts' Ratings History for Teekay Tankers (NYSE:TNK)
Show:
DateFirmActionRatingPrice TargetDetails
8/26/2016Morgan StanleyReiterated RatingEqual Weight$3.60 -> $2.50View Rating Details
8/8/2016DanskeReiterated RatingHold -> SellView Rating Details
5/21/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details
5/20/2016DNB MarketsDowngradeBuy -> HoldView Rating Details
5/20/2016Bank of America Corp.DowngradeNeutral -> Underperform$3.00 -> $3.57View Rating Details
5/19/2016Clarkson CapitalReiterated RatingBuy$12.00View Rating Details
5/4/2016Seaport Global SecuritiesInitiated CoverageBuy$6.00View Rating Details
4/12/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
4/7/2016JPMorgan Chase & Co.UpgradeUnderweight -> Neutral$7.00 -> $5.00View Rating Details
1/11/2016Barclays PLCInitiated CoverageOverweight$10.00View Rating Details
12/8/2015Credit Suisse Group AGInitiated CoverageOutperform$10.00View Rating Details
12/8/2015Credit Agricole SAInitiated CoverageOutperform$10.00View Rating Details
5/18/2015Evercore ISIReiterated RatingBuy$9.00 -> $9.50View Rating Details
3/4/2015GMP SecuritiesInitiated CoverageHold$7.00View Rating Details
(Data available from 9/26/2014 forward)

Earnings

Earnings History for Teekay Tankers (NYSE:TNK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
8/4/2016Q216$0.19$0.20$131.06 million$139.62 millionViewN/AView Earnings Details
5/19/2016Q116$0.37$0.29$150.94 million$165.00 millionViewListenView Earnings Details
2/18/2016Q415$0.41$0.31$152.53 million$159.30 millionViewListenView Earnings Details
11/5/2015Q315$0.35$0.30$118.77 million$122.78 millionViewN/AView Earnings Details
8/6/2015Q215$0.39$0.35$108.79 million$107.60 millionViewN/AView Earnings Details
5/14/2015Q1$0.33$0.34$96.12 million$103.90 millionViewListenView Earnings Details
2/19/2015Q4$0.17$0.21$70.54 million$75.90 millionViewN/AView Earnings Details
11/6/2014$0.05$0.03ViewN/AView Earnings Details
8/7/2014Q2($0.05)ViewN/AView Earnings Details
5/15/2014Q1 14$0.10$0.31ViewN/AView Earnings Details
2/20/2014($0.05)($0.03)ViewN/AView Earnings Details
11/7/2013Q313($0.08)($0.05)$39.62 million$39.48 millionViewN/AView Earnings Details
8/8/2013Q2 2013($0.02)($0.08)ViewN/AView Earnings Details
5/9/2013Q1 2013($0.02)($0.04)$43.05 million$44.95 millionViewN/AView Earnings Details
2/21/2013Q4 2012($0.04)($0.09)$46.74 million$45.49 millionViewN/AView Earnings Details
11/8/2012Q312($0.06)($0.09)$42.96 million$46.10 millionViewN/AView Earnings Details
8/9/2012($0.01)$0.01ViewN/AView Earnings Details
5/17/2012$0.05$0.04ViewN/AView Earnings Details
2/23/2012($0.01)($0.02)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Teekay Tankers (NYSE:TNK)
Current Year EPS Consensus Estimate: $0.81 EPS
Next Year EPS Consensus Estimate: $0.84 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20161$0.21$0.21$0.21
Q3 20161$0.10$0.10$0.10
Q4 20161$0.24$0.24$0.24
Q1 20171$0.23$0.23$0.23
Q2 20171$0.24$0.24$0.24
Q3 20171$0.24$0.24$0.24
Q4 20171$0.24$0.24$0.24
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teekay Tankers (NYSE:TNK)
Annual Dividend:$0.24
Dividend Yield:9.64%
Dividend Growth:-33.10% (3 Year Average)
Payout Ratio:23.30% (Based on Trailing 12 Months of Earnings)
29.63% (Based on Current Year Consensus EPS Estimate)
28.57% (Based on Next Year Consensus EPS Estimate)

Dividend History for Teekay Tankers (NYSE:TNK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2016quarterly$0.067.97%8/11/20168/15/20168/19/2016
5/19/2016quarterly$0.0910.65%5/25/20165/30/20166/3/2016
12/14/2015quarterly$0.121.56%1/29/20162/2/20162/12/2016
10/6/2015quarterly$0.031.57%10/14/201510/16/201510/30/2015
7/7/2015quarterly$0.031.8%7/15/20157/17/20157/31/2015
4/3/2015quarterly$0.032.02%4/15/20154/17/20154/30/2015
1/5/2015quarterly$0.032.35%1/15/20151/20/20151/30/2015
10/3/2014quarterly$0.033.34%10/15/201410/17/201410/31/2014
7/3/2014quarterly$0.032.98%7/16/20147/18/20147/31/2014
4/4/2014quarterly$0.033.31%4/15/20144/17/20144/30/2014
1/3/2014quarterly$0.033.08%1/15/20141/17/20141/31/2014
10/7/2013quarterly$0.034.58%10/11/201310/16/201310/25/2013
7/9/2013quarterly$0.034.1%7/17/20137/19/20137/31/2013
5/9/2013quarterly$0.034.84%5/16/20135/20/20135/28/2013
2/20/2013quarterly$0.034.82%2/28/20133/4/20133/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Teekay Tankers (NYSE:TNK)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Teekay Tankers (NYSE:TNK)
DateHeadline
News IconTeekay Tankers Limited (NYSE:TNK) Sellers Increased By 6.47% Their Shorts - Post News (NYSE:TNK)
www.kentuckypostnews.com - September 26 at 7:44 PM
realistinvestor.com logoTeekay Tankers Ltd. (NYSE:TNK) Mean Price Target At $4.892 - RealistInvestor.com (NYSE:TNK)
www.realistinvestor.com - September 26 at 7:44 PM
News IconKeen Investors Find News on Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - September 24 at 9:42 AM
News IconPenny Stock Investors Take an Interest in Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - September 20 at 4:17 PM
News IconTeekay Tankers Ltd. (NYSE:TNK) Quarterly EPS Review - Newburgh Press (NYSE:TNK)
newburghpress.com - September 20 at 4:17 PM
marketrealist.com logoAnalysts’ View of Crude Tanker Companies in Week 37 (NYSE:TNK)
marketrealist.com - September 20 at 4:17 PM
seekingalpha.com logoTeekay Tankers - Dead In The Water? - Seeking Alpha (NYSE:TNK)
seekingalpha.com - September 20 at 8:50 AM
News IconMay 2017 Options Now Available For Teekay Tankers (TNK) (NYSE:TNK)
www.stockoptionschannel.com - September 19 at 7:38 PM
investornewswire.com logoTeekay Tankers Ltd. (NYSE:TNK): Fetches Consensus Rating Of 2.38 - Investor Newswire (NYSE:TNK)
www.investornewswire.com - September 19 at 9:49 AM
News IconConsensus Take: Teekay Tankers Ltd. (NYSE:TNK) Earnings & Ratings Watch - Frisco Fastball (NYSE:TNK)
friscofastball.com - September 19 at 9:49 AM
stocksdaily.net logoTeekay Tankers Ltd. (NYSE:TNK) Price Forecast At $4.892 - Stocks Daily (NYSE:TNK)
www.stocksdaily.net - September 19 at 9:49 AM
News IconStock Update, a Closer Look at Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - September 16 at 11:18 AM
News IconKeen Investors Seek Information on Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - September 16 at 11:18 AM
News IconTaking a Look at This Dividend Stock With Potential Upside: Teekay Tankers Ltd. (NYSE:TNK) - Post News (NYSE:TNK)
www.kentuckypostnews.com - September 14 at 7:54 PM
News IconKeen Investors Narrowing Their Focus on Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - September 14 at 7:54 PM
capitalcube.com logoETF’s with exposure to Teekay Tankers Ltd. : September 12, 2016 (NYSE:TNK)
www.capitalcube.com - September 12 at 7:12 PM
News IconTeekay Tankers Ltd. (NYSE:TNK): How Are Analysts Advising to Play This Stock? - Post News (NYSE:TNK)
www.kentuckypostnews.com - September 12 at 9:40 AM
News IconMaking News: Targeting shares of Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - September 9 at 7:19 PM
News IconThe Sell-side Consensus is in on Teekay Tankers Ltd. (NYSE:TNK); Earnings & Target Updates - National Daily Press (NYSE:TNK)
www.nationaldailypress.com - September 9 at 7:19 PM
News IconNarrowing the Lens on Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - September 7 at 7:50 PM
News IconTracking Dividend Stock With Upside Potential: Teekay Tankers Ltd ... - Post News (NYSE:TNK)
www.kentuckypostnews.com - September 7 at 7:50 PM
News IconTeekay Tankers Ltd. (TNK) Given "Equal Weight" Rating at Morgan Stanley (NYSE:TNK)
10thousandcouples.com - September 6 at 7:50 PM
stockhouse.com logoTEEKAY TANKERS Ltd TNK (NYSE:TNK)
www.stockhouse.com - September 3 at 8:49 AM
News IconA Second Look at Shares of Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - September 2 at 10:49 AM
capitalcube.com logoETF’s with exposure to Teekay Tankers Ltd. : September 2, 2016 (NYSE:TNK)
www.capitalcube.com - September 2 at 10:49 AM
marketrealist.com logoHow Target Prices for Crude Tanker Stocks Changed in Week 34 (NYSE:TNK)
marketrealist.com - August 30 at 7:38 PM
finance.yahoo.com logoMorgan Stanley Highlights A Cyclical Downturn In Tankers (NYSE:TNK)
finance.yahoo.com - August 25 at 8:05 PM
realistinvestor.com logoTeekay Tankers Ltd. (NYSE:TNK) Stock Price Likely To Reach ... - RealistInvestor.com (NYSE:TNK)
www.realistinvestor.com - August 23 at 7:57 PM
realistinvestor.com logoTeekay Tankers Ltd. (NYSE:TNK) Stock Price Likely To Reach $5.192: Wall Street - RealistInvestor.com (NYSE:TNK)
www.realistinvestor.com - August 23 at 7:57 PM
News IconDanske Bank Downgrades Teekay Tankers Ltd. to Sell - Hellenic Shipping News Worldwide (NYSE:TNK)
www.hellenicshippingnews.com - August 23 at 7:57 PM
marketrealist.com logoWeek 33: Aframax Rates Rise by 20%, Suezmax Rates Fall Again (NYSE:TNK)
marketrealist.com - August 23 at 12:22 PM
capitalcube.com logoETF’s with exposure to Teekay Tankers Ltd. : August 22, 2016 (NYSE:TNK)
www.capitalcube.com - August 22 at 7:44 PM
News IconA Closer Look at Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - August 17 at 8:08 PM
News IconSmall Cap Update on: Teekay Tankers Ltd. (NYSE:TNK) - Duncan Research (NYSE:TNK)
www.duncanindependent.com - August 15 at 8:12 PM
capitalcube.com logoETF’s with exposure to Teekay Tankers Ltd. : August 11, 2016 (NYSE:TNK)
www.capitalcube.com - August 11 at 8:27 PM
capitalcube.com logoTeekay Tankers Ltd. :TNK-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:TNK)
www.capitalcube.com - August 10 at 8:24 PM
realistinvestor.com logoBrokerages Set a Mean Target Price Of $5.793 For Teekay Tankers Ltd. (NYSE:TNK) - RealistInvestor.com (NYSE:TNK)
www.realistinvestor.com - August 10 at 11:00 AM
marketrealist.com logoWeek 31: Baltic Dirty Tanker Index Continues Its Slide (NYSE:TNK)
marketrealist.com - August 10 at 11:00 AM
streetupdates.com logoTwo Buzzers within Analysts Radar: Teekay Tankers Ltd. (NYSE:TNK) , Patterson Companies, Inc. (NASDAQ:PDCO) - Street Updates (NYSE:TNK)
www.streetupdates.com - August 8 at 9:26 AM
seekingalpha.com logoTeekay Tankers declares $0.06 dividend - Seeking Alpha (NYSE:TNK)
seekingalpha.com - August 6 at 7:49 PM
finance.yahoo.com logoEdited Transcript of TNK earnings conference call or presentation 4-Aug-16 5:00pm GMT (NYSE:TNK)
finance.yahoo.com - August 5 at 10:54 AM
marketwired.com logoTeekay Tankers Ltd. Reports Second Quarter 2016 Results (NYSE:TNK)
www.marketwired.com - August 4 at 11:02 AM
finance.yahoo.com logoTeekay Tankers Declares Dividend (NYSE:TNK)
finance.yahoo.com - August 4 at 11:02 AM
streetinsider.com logoTeekay Tankers Ltd (TNK) Declares $0.06 Quarterly Dividend; 8.2% Yield (NYSE:TNK)
www.streetinsider.com - August 4 at 11:02 AM
sg.finance.yahoo.com logoTeekay Tankers meets 2Q profit forecasts (NYSE:TNK)
sg.finance.yahoo.com - August 4 at 11:02 AM
biz.yahoo.com logoQ2 2016 Teekay Tankers Ltd Earnings Release - Before Market Open (NYSE:TNK)
biz.yahoo.com - August 4 at 11:02 AM
marketrealist.com logoWeek 30: UBS Downgrades 3 Crude Tanker Stocks (NYSE:TNK)
marketrealist.com - August 4 at 11:02 AM
News IconTeekay Tankers Ltd. (NYSE:TNK) To Report June 2016 Results - The Voice Registrar (NYSE:TNK)
voiceregistrar.com - July 29 at 8:07 PM
News IconTeekay Tankers Ltd. (NYSE:TNK): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:TNK)
www.engelwooddaily.com - July 23 at 11:39 AM
capitalcube.com logoThink Childcare Ltd. :TNK-AU: Earnings Analysis: 2015 By the Numbers : July 22, 2016 (NYSE:TNK)
www.capitalcube.com - July 22 at 1:54 AM

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Teekay Tankers (NYSE:TNK) Chart for Monday, September, 26, 2016


Last Updated on 9/26/2016 by MarketBeat.com Staff