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The Bottom Is In For McCormick & Company
Nevada Could be the Source for America's Green Future (Ad)
3 More Downgrades To Put On Your Buy List 
Buffett's company owns nearly 24% of Occidental Petroleum
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Nevada Could be the Source for America's Green Future (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
Nevada Could be the Source for America's Green Future (Ad)
3 Undervalued Dividend Payers For Volatile Market Conditions
The Bottom Is In For McCormick & Company
Nevada Could be the Source for America's Green Future (Ad)
3 More Downgrades To Put On Your Buy List 
Buffett's company owns nearly 24% of Occidental Petroleum
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Nevada Could be the Source for America's Green Future (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
Nevada Could be the Source for America's Green Future (Ad)
3 Undervalued Dividend Payers For Volatile Market Conditions
The Bottom Is In For McCormick & Company
Nevada Could be the Source for America's Green Future (Ad)
3 More Downgrades To Put On Your Buy List 
Buffett's company owns nearly 24% of Occidental Petroleum
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Nevada Could be the Source for America's Green Future (Ad)
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
Nevada Could be the Source for America's Green Future (Ad)
3 Undervalued Dividend Payers For Volatile Market Conditions
The Bottom Is In For McCormick & Company
Nevada Could be the Source for America's Green Future (Ad)
3 More Downgrades To Put On Your Buy List 
Buffett's company owns nearly 24% of Occidental Petroleum
NYSE:TNK

Teekay Tankers - TNK Stock Forecast, Price & News

$43.72
+0.02 (+0.05%)
(As of 03/28/2023 12:00 AM ET)
Add
Compare
Today's Range
$43.63
$44.73
50-Day Range
$28.38
$47.61
52-Week Range
$12.89
$48.05
Volume
281,377 shs
Average Volume
604,421 shs
Market Capitalization
N/A
P/E Ratio
6.57
Dividend Yield
N/A
Price Target
$51.00

Teekay Tankers MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
16.7% Upside
$51.00 Price Target
Short Interest
Healthy
5.11% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.71mentions of Teekay Tankers in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-41.20%
From $12.04 to $7.08 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.74 out of 5 stars


TNK stock logo

About Teekay Tankers (NYSE:TNK) Stock

Teekay Tankers Ltd. engages in the provision of crude oil and refined petroleum products through the operation of its oil and product tankers. It operates through the Tanker and Ship-to-Ship (STS) Transfer segment. The Tanker segment includes the operations of all the tankers, including those employed on full service lightering contracts. The STS Transfer segment offers lightering support services provided to conventional tanker segment as part of the full service lightering operations. The company was founded in October 2007 and is headquartered in Vancouver, Canada.

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TNK Stock News Headlines

A 100% Win Rate In 2022…
The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. pixel
Teekay Tankers (NYSE: TNK)
A 100% Win Rate In 2022…
The next 10 minutes could change your life. We've recorded a special sit-down interview with a reclusive millionaire who details how he's closed out winning trade after winning trade throughout the volatility of 2022. In fact, he hasn't closed a single losing trade since 2016. Sounds impossible? It's not - and he'll prove it to you. pixel
Teekay Tankers Ltd (TNK) Q4 2022 Earnings Call Transcript
Teekay Tankers Climbs 11% As Quarterly Results Trounce Estimates
These European Stocks Could Outperform The S&P 500 In 2023
Teekay Tankers (TNK) to Post Q4 Earnings: What's in Store?
Bullish on Teekay Tankers Ltd.
DHT Holdings (DHT) Surpasses Q4 Earnings Estimates
See More Headlines
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TNK Company Calendar

Last Earnings
2/23/2023
Today
3/29/2023
Next Earnings (Estimated)
5/11/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
Y8565N10
Employees
1,900
Year Founded
1973

Price Target and Rating

Average Stock Price Forecast
$51.00
High Stock Price Forecast
$51.00
Low Stock Price Forecast
$51.00
Forecasted Upside/Downside
+16.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$229.09 million
Pretax Margin
21.60%

Debt

Sales & Book Value

Annual Sales
$1.06 billion
Cash Flow
$9.44 per share
Book Value
$31.72 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
-0.13

Social Links


Key Executives

  • Kevin J. Mackay
    President & Chief Executive Officer
  • Stewart Andrade
    CFO, Principal Accounting Officer & EVP
  • Christian Waldegrave
    Manager-Research
  • Ryan J. Hamilton
    Head-Investor Relations
  • Jim Basterfield
    Head-Human Resources













TNK Stock - Frequently Asked Questions

Should I buy or sell Teekay Tankers stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay Tankers in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TNK shares.
View TNK analyst ratings
or view top-rated stocks.

What is Teekay Tankers' stock price forecast for 2023?

3 equities research analysts have issued 1-year price targets for Teekay Tankers' stock. Their TNK share price forecasts range from $51.00 to $51.00. On average, they anticipate the company's stock price to reach $51.00 in the next twelve months. This suggests a possible upside of 16.7% from the stock's current price.
View analysts price targets for TNK
or view top-rated stocks among Wall Street analysts.

How have TNK shares performed in 2023?

Teekay Tankers' stock was trading at $30.81 at the beginning of 2023. Since then, TNK stock has increased by 41.9% and is now trading at $43.72.
View the best growth stocks for 2023 here
.

When is Teekay Tankers' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our TNK earnings forecast
.

How were Teekay Tankers' earnings last quarter?

Teekay Tankers Ltd. (NYSE:TNK) released its quarterly earnings data on Thursday, February, 23rd. The shipping company reported $4.33 EPS for the quarter, beating analysts' consensus estimates of $3.51 by $0.82. The shipping company had revenue of $367.30 million for the quarter, compared to analysts' expectations of $211.54 million. Teekay Tankers had a net margin of 21.55% and a trailing twelve-month return on equity of 23.65%. The firm's quarterly revenue was up 129.1% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.74) earnings per share.

When did Teekay Tankers' stock split?

Shares of Teekay Tankers reverse split 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.

What other stocks do shareholders of Teekay Tankers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Teekay Tankers investors own include Laredo Petroleum (LPI), Advanced Micro Devices (AMD), Sequential Brands Group (SQBG), General Electric (GE), AT&T (T), Willamette Valley Vineyards (WVVI), Intel (INTC), Ford Motor (F), JPMorgan Chase & Co. (JPM) and Cara Therapeutics (CARA).

What is Teekay Tankers' stock symbol?

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

Who are Teekay Tankers' major shareholders?

Teekay Tankers' stock is owned by many different institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (0.00%), Millennium Management LLC (0.00%), Morgan Stanley (0.00%), Marshall Wace LLP (0.00%), Two Sigma Investments LP (0.00%) and Charles Schwab Investment Management Inc. (0.00%).

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Teekay Tankers' stock price today?

One share of TNK stock can currently be purchased for approximately $43.72.

How many employees does Teekay Tankers have?

The company employs 1,900 workers across the globe.

How can I contact Teekay Tankers?

Teekay Tankers' mailing address is 4TH FLOOR BELVEDERE BUILDING 69 PITTS BAY ROAD, HAMILTON D0, HM08. The official website for the company is www.teekay.com. The shipping company can be reached via phone at (604) 683-3529, via email at investor.relations@teekay.com, or via fax at 441-292-3931.

This page (NYSE:TNK) was last updated on 3/29/2023 by MarketBeat.com Staff