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

$1.22
-0.02 (-1.61 %)
(As of 09/16/2019 04:00 PM ET)
Today's Range
$1.22
Now: $1.22
$1.29
50-Day Range
$0.98
MA: $1.11
$1.25
52-Week Range
$0.87
Now: $1.22
$1.42
Volume1.84 million shs
Average Volume1.28 million shs
Market Capitalization$327.64 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$0.2416 per share
Book Value$3.53 per share

Profitability

Net Income$-52,550,000.00

Miscellaneous

Employees2,100
Market Cap$327.64 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) posted its earnings results on Thursday, August, 1st. The shipping company reported ($0.05) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.03. The shipping company had revenue of $202.30 million for the quarter, compared to analyst estimates of $102.98 million. Teekay Tankers had a negative return on equity of 0.16% and a negative net margin of 0.92%. The company's revenue for the quarter was up 17.8% on a year-over-year basis. During the same quarter last year, the company earned ($0.11) earnings per share. 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 Wall Street 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 18.0%. 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?

Headlines about TNK stock have been trending somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press 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 nearest to five being the most favorable. Teekay Tankers earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact 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 number of of institutional and retail investors. Top institutional shareholders 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 purchased 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, Robinhood, Fidelity and Charles Schwab.

What is Teekay Tankers' stock price today?

One share of TNK stock can currently be purchased for approximately $1.22.

How big of a company is Teekay Tankers?

Teekay Tankers has a market capitalization of $327.64 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:  325 (Vote Outperform)
Underperform Votes:  433 (Vote Underperform)
Total Votes:  758
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 9/16/2019 by MarketBeat.com Staff

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