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

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$1.04 -0.02 (-1.89 %)
(As of 01/22/2019 04:00 PM ET)
Previous Close$1.06
Today's Range$1.03 - $1.06
52-Week Range$0.87 - $1.41
Volume649,944 shs
Average Volume1.03 million shs
Market Capitalization$279.30 million
P/E Ratio-9.45
Dividend Yield2.88%
Beta1.39
Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company operates through two segments, Conventional Tanker and Ship-To-Ship Transfer. It is involved in the marine transportation of crude oil and refined petroleum products through the operation of its oil and product tankers. The company also provides ship-to-ship transfer services, including lightering and lightering support, consultancy, and LNG terminal management services. As of December 31, 2017, it operated a fleet of 52 owned conventional tankers, 4 conventional tankers related to capital leases, 1 in-chartered vessel, and 1 jointly-owned very large crude carrier; and 6 ship-to-ship support vessels. The company's vessels operated under fixed-rate time charter contracts with its customers. Teekay Tankers Ltd. was founded in 2007 and is based in Hamilton, Bermuda.

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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$431.18 million
Cash Flow$0.2946 per share
Book Value$3.75 per share

Profitability

Net Income$-58,020,000.00

Miscellaneous

Employees2,200
Market Cap$279.30 million
OptionableOptionable

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 often does Teekay Tankers pay dividends? What is the dividend yield for Teekay Tankers?

Teekay Tankers announced a quarterly dividend on Wednesday, February 21st. Investors of record on Monday, March 5th will be paid 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.

How were Teekay Tankers' earnings last quarter?

Teekay Tankers Ltd. (NYSE:TNK) issued its earnings results on Thursday, November, 15th. The shipping company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.04. The shipping company earned $92.87 million during the quarter, compared to analyst estimates of $82.95 million. Teekay Tankers had a negative net margin of 10.61% and a negative return on equity of 7.71%. 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, February 28th 2019. View Earnings Estimates for Teekay Tankers.

What price target have analysts set for TNK?

5 brokers have issued 1-year price objectives for Teekay Tankers' stock. Their predictions range from $1.00 to $1.30. On average, they expect Teekay Tankers' stock price to reach $1.0750 in the next year. This suggests a possible upside of 3.4% from the stock's current price. View Analyst Price Targets for Teekay Tankers.

What is the consensus analysts' recommendation for Teekay Tankers?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay Tankers in the last year. There are currently 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Teekay Tankers.

Has Teekay Tankers been receiving favorable news coverage?

Media stories about TNK stock have been trending very positive on Tuesday, according to InfoTrie. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Teekay Tankers earned a media sentiment score of 3.2 on InfoTrie's scale. They also gave media coverage about the shipping company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Are investors shorting Teekay Tankers?

Teekay Tankers saw a increase in short interest in December. As of December 31st, there was short interest totalling 2,878,765 shares, an increase of 76.4% from the December 14th total of 1,631,582 shares. Based on an average daily trading volume, of 1,579,710 shares, the days-to-cover ratio is presently 1.8 days. Approximately 1.5% of the shares of the company are short sold. View Teekay Tankers' Current Options Chain.

Who are some of Teekay Tankers' key competitors?

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)

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 $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 2,200 workers across the globe.

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, HM11. 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:  285 (Vote Outperform)
Underperform Votes:  395 (Vote Underperform)
Total Votes:  680
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 1/22/2019 by MarketBeat.com Staff

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