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: $79.89 to $82.09
• 50-Day Range: $63.42 to $82.61
• 52-Week Range: $41.05 to $83.54
• Volume: 342,640 shs
• Average Volume: 485,546 shs
• Market Capitalization: $2.81 billion
• P/E Ratio: 8.05
• Dividend Yield: 1.23%
• Price Target: $80.00
• Consensus Rating: Moderate Buy

Teekay Tankers Stock Analysis - MarketRank™

Teekay Tankers scored higher than 41% of companies evaluated by MarketBeat, and ranked 89th 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: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Teekay Tankers has received a consensus rating of Moderate Buy. The company's average rating score is 2.71, and is based on 1 strong buy rating, 3 buy ratings, 3 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Teekay Tankers is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Teekay Tankers has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -36.30%

Earnings Growth

Earnings for Teekay Tankers are expected to decrease by -36.30% in the coming year, from $7.30 to $4.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Teekay Tankers is 11.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.44.

Price to Earnings Ratio vs. Sector

The P/E ratio of Teekay Tankers is 11.40, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 22.29.

Price to Book Value per Share Ratio

Teekay Tankers has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TNK.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Teekay Tankers pays a meaningful dividend of 1.26%, 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 9.91%. 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 21.51% next year. This indicates that Teekay Tankers will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: N/A

News Sentiment

Teekay Tankers has a news sentiment score of 0.20. 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 0.53 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Teekay Tankers this week, compared to 1 article on an average week.

Search Interest

6 people have searched for TNK on MarketBeat in the last 30 days. This is an increase of 100% 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 -50% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 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

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 $53.39 at the beginning of 2026. Since then, TNK stock has increased by 52.2% and is now trading at $81.2350.

How were Teekay Tankers' earnings last quarter?

Teekay Tankers Ltd. (NYSE:TNK) issued its earnings results on Thursday, February, 19th. The shipping company reported $2.80 EPS for the quarter, beating analysts' consensus estimates of $2.71 by $0.09. The company's revenue for the quarter was down .3% on a year-over-year basis.
Read the conference call transcript.

When did Teekay Tankers' stock split?

Teekay Tankers shares 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 closing bell 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?

Top institutional shareholders of Teekay Tankers include Dimensional Fund Advisors LP (5.51%), Bank of New York Mellon Corp (0.18%), Principal Financial Group Inc. (0.14%) and Y Intercept Hong Kong Ltd (0.08%).

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: 2/19/2026
• Record date for 3/13 Dividend: 3/02/2026
• Ex-Dividend for 3/13 Dividend: 3/02/2026
• Dividend Payable: 3/13/2026
• Today: 5/07/2026
• Next Earnings (Estimated): 5/13/2026
• Fiscal Year End: 12/31/2026

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: 2,130
• Year Founded: 1973

Price Target and Rating

• Average Price Target for Teekay Tankers: $80.00
• High Price Target: $90.00
• Low Price Target: $70.00
• Potential Upside/Downside: -1.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.71
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $10.09
• Trailing P/E Ratio: 8.05
• Forward P/E Ratio: 11.13
• P/E Growth: N/A
• Net Income: $351.19 million
• Net Margins: 36.90%
• Pretax Margin: 36.49%
• Return on Equity: 12.60%
• Return on Assets: 11.41%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.98
• Quick Ratio: 7.76

Sales & Book Value

• Annual Sales: $951.80 million
• Price / Sales: 2.95
• Cash Flow: $9.69 per share
• Price / Cash Flow: 8.38
• Book Value: $59.15 per share
• Price / Book: 1.37

Miscellaneous

• Outstanding Shares: 34,550,000
• Free Float: 33,892,000
• Market Cap: $2.81 billion
• Optionable: Optionable
• Beta: -0.21