NYSE:TNK - Teekay Tankers Stock Price, Price Target & More

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

Teekay Tankers announced a quarterly dividend on Wednesday, February 21st. Investors of record on Monday, March 5th will be given a dividend of $0.03 per share on Friday, March 9th. This represents a $0.12 annualized dividend and a dividend yield of 11.54%. The ex-dividend date of this dividend is Friday, March 2nd. View Teekay Tankers' Dividend History.

Teekay Tankers Ltd. (NYSE:TNK) posted its quarterly earnings results on Thursday, May, 17th. The shipping company reported ($0.08) EPS for the quarter, hitting analysts' consensus estimates of ($0.08). The shipping company had revenue of $88.47 million for the quarter, compared to analysts' expectations of $83.84 million. Teekay Tankers had a negative return on equity of 5.24% and a negative net margin of 17.16%. The company's quarterly revenue was down 17.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.04 EPS. View Teekay Tankers' Earnings History.

Teekay Tankers is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Teekay Tankers.

6 analysts have issued 1 year price targets for Teekay Tankers' shares. Their predictions range from $1.00 to $3.00. On average, they expect Teekay Tankers' stock price to reach $1.65 in the next year. This suggests a possible upside of 58.7% from the stock's current price. View Analyst Ratings for Teekay Tankers.

6 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Teekay Tankers saw a decline in short interest in June. As of June 29th, there was short interest totalling 3,419,203 shares, a decline of 49.4% from the June 15th total of 6,760,521 shares. Based on an average daily trading volume, of 2,262,077 shares, the short-interest ratio is currently 1.5 days. Approximately 1.8% of the shares of the company are sold short. View Teekay Tankers' Current Options Chain.

Some companies that are related to Teekay Tankers include Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (GLOP), Kenon (KEN), Tidewater (TDW), KNOT Offshore Partners (KNOP), International Seaways (INSW), Hoegh LNG Partners (HMLP), Nordic American Tanker (NAT), Dynagas LNG Partners (DLNG), Hornbeck Offshore Services (HOS), Odyssey Marine Exploration (OMEX), EuroDry (EDRY) and Caspian Services (CSSV).

Media stories about TNK stock have trended positive on Friday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Teekay Tankers earned a news sentiment score of 0.37 on Accern's scale. They also gave news articles about the shipping company an impact score of 47.32 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

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.

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

Teekay Tankers has a market capitalization of $287.36 million and generates $431.18 million in revenue each year. The shipping company earns $-58,020,000.00 in net income (profit) each year or ($0.11) on an earnings per share basis. Teekay Tankers employs 1,700 workers across the globe.

Teekay Tankers' mailing address is 4TH FLOOR BELVEDERE BUILDING 69 PITTS BAY ROAD, HAMILTON D0, HM11. The shipping company can be reached via phone at 441-298-2530 or via email at [email protected]