NYSE:TNK - Teekay Tankers Stock Price, News & Analysis

$1.04
+0.04 (+4.00 %)
(As of 08/18/2019 11:24 AM ET)
Today's Range
$0.97
Now: $1.04
$1.05
50-Day Range
$0.98
MA: $1.20
$1.38
52-Week Range
$0.87
Now: $1.04
$1.42
Volume609,000 shs
Average Volume1.14 million shs
Market Capitalization$279.30 million
P/E RatioN/A
Dividend YieldN/A
Beta1.08
Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. It operates through two segments, Conventional Tanker and Ship-to-ship Transfer (STS). The company offers voyage and time charter services; and offshore STS transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. Read More…

Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
CUSIPY8565N10
Phone441-298-2530

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$755.76 million
Cash Flow$0.2470 per share
Book Value$3.52 per share

Profitability

Net Income$-52,550,000.00

Miscellaneous

Employees2,100
Market Cap$279.30 million
Next Earnings Date11/21/2019 (Estimated)
OptionableOptionable

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Teekay Tankers (NYSE:TNK) Frequently Asked Questions

What is Teekay Tankers' stock symbol?

Teekay Tankers trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNK."

How were Teekay Tankers' earnings last quarter?

Teekay Tankers Ltd. (NYSE:TNK) released its quarterly earnings data on Thursday, August, 1st. The shipping company reported ($0.05) EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $0.03. The shipping company earned $202.30 million during the quarter, compared to the consensus estimate of $102.98 million. Teekay Tankers had a negative net margin of 0.92% and a negative return on equity of 0.16%. The firm's revenue for the quarter was up 17.8% compared to the same quarter last year. During the same period last year, the firm earned ($0.11) EPS. View Teekay Tankers' Earnings History.

When is Teekay Tankers' next earnings date?

Teekay Tankers is scheduled to release their next quarterly earnings announcement on Thursday, November 21st 2019. View Earnings Estimates for Teekay Tankers.

What price target have analysts set for TNK?

4 analysts have issued 1 year target prices for Teekay Tankers' stock. Their forecasts range from $1.00 to $1.00. On average, they anticipate Teekay Tankers' stock price to reach $1.00 in the next twelve months. This suggests that the stock has a possible downside of 3.8%. View Analyst Price Targets for Teekay Tankers.

What is the consensus analysts' recommendation for Teekay Tankers?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay Tankers in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Teekay Tankers.

Has Teekay Tankers been receiving favorable news coverage?

News stories about TNK stock have been trending negative recently, according to InfoTrie Sentiment. The research group ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Teekay Tankers earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave press coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Teekay Tankers.

Who are some of Teekay Tankers' key competitors?

What other stocks do shareholders of Teekay Tankers own?

Who are Teekay Tankers' key executives?

Teekay Tankers' management team includes the folowing people:
  • Mr. Kevin J. Mackay, Pres & CEO (Age 50)
  • Mr. Stewart Andrade, Chief Financial Officer (Age 46)
  • Mr. Jim Basterfield, Head of HR
  • Mr. Raymond McNamara, Head of Ship Management
  • Mr. Kenneth Hvid, Director (Age 51)

Who are Teekay Tankers' major shareholders?

Teekay Tankers' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.57%), Renaissance Technologies LLC (2.63%), Carlson Capital L P (1.17%), Wells Fargo & Company MN (1.11%), Northern Trust Corp (0.64%) and GSA Capital Partners LLP (0.54%).

Which major investors are selling Teekay Tankers stock?

TNK stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., GSA Capital Partners LLP, Morgan Stanley, Bank of New York Mellon Corp, Invesco Ltd., SG Americas Securities LLC and BNP Paribas Arbitrage SA.

Which major investors are buying Teekay Tankers stock?

TNK stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Wells Fargo & Company MN, Carlson Capital L P, Acadian Asset Management LLC, JPMorgan Chase & Co., Monarch Partners Asset Management LLC, AQR Capital Management LLC and SCP Investment LP.

How do I buy shares of Teekay Tankers?

Shares of TNK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Teekay Tankers' stock price today?

One share of TNK stock can currently be purchased for approximately $1.04.

How big of a company is Teekay Tankers?

Teekay Tankers has a market capitalization of $279.30 million and generates $755.76 million in revenue each year. The shipping company earns $-52,550,000.00 in net income (profit) each year or ($0.20) on an earnings per share basis. Teekay Tankers employs 2,100 workers across the globe.View Additional Information About Teekay Tankers.

What is Teekay Tankers' official website?

The official website for Teekay Tankers is http://www.teekaytankers.com/.

How can I contact Teekay Tankers?

Teekay Tankers' mailing address is 4TH FLOOR BELVEDERE BUILDING 69 PITTS BAY ROAD, HAMILTON D0, HM08. The shipping company can be reached via phone at 441-298-2530 or via email at [email protected]


MarketBeat Community Rating for Teekay Tankers (NYSE TNK)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  322 (Vote Outperform)
Underperform Votes:  429 (Vote Underperform)
Total Votes:  751
MarketBeat's community ratings are surveys of what our community members think about Teekay Tankers and other stocks. Vote "Outperform" if you believe TNK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TNK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/18/2019 by MarketBeat.com Staff

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