Teekay Tankers Stock Forecast, Price & News

Teekay Tankers (NYSE:TNK) Frequently Asked Questions

Is Teekay Tankers a buy right now?

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

How has Teekay Tankers' stock price been impacted by COVID-19 (Coronavirus)?

Teekay Tankers' stock was trading at $17.67 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TNK stock has decreased by 40.3% and is now trading at $10.55.
View which stocks have been most impacted by COVID-19.

Are investors shorting Teekay Tankers?

Teekay Tankers saw a decline in short interest in the month of December. As of December 15th, there was short interest totaling 523,900 shares, a decline of 21.0% from the November 30th total of 663,500 shares. Based on an average trading volume of 304,400 shares, the short-interest ratio is presently 1.7 days. Currently, 2.2% of the shares of the company are short sold.
View Teekay Tankers' Short Interest.

When is Teekay Tankers' next earnings date?

Teekay Tankers is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022.
View our earnings forecast for Teekay Tankers.

How were Teekay Tankers' earnings last quarter?

Teekay Tankers Ltd. (NYSE:TNK) posted its quarterly earnings data on Thursday, November, 4th. The shipping company reported ($1.48) EPS for the quarter, topping analysts' consensus estimates of ($1.63) by $0.15. The shipping company earned $115.90 million during the quarter, compared to analyst estimates of $37.25 million. Teekay Tankers had a negative net margin of 54.10% and a negative trailing twelve-month return on equity of 15.65%. The company's quarterly revenue was down 31.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.09 earnings per share.
View Teekay Tankers' earnings history.

When did Teekay Tankers' stock split? How did Teekay Tankers' stock split work?

Teekay Tankers's stock 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 market closes on Friday, November 22nd 2019. An investor that had 100 shares of Teekay Tankers stock prior to the reverse split would have 13 shares after the split.

What price target have analysts set for TNK?

4 Wall Street analysts have issued 12 month price objectives for Teekay Tankers' stock. Their forecasts range from $15.00 to $22.00. On average, they expect Teekay Tankers' share price to reach $18.50 in the next year. This suggests a possible upside of 75.4% from the stock's current price.
View analysts' price targets for Teekay Tankers or view top-rated stocks among Wall Street analysts.

Who are Teekay Tankers' key executives?

Teekay Tankers' management team includes the following people:

• Kevin J. Mackay, President & Chief Executive Officer
• Stewart Andrade, CFO, Principal Accounting Officer & EVP
• Arthur James Bensler, Secretary & Director
• N. Angelique Burgess, Assistant Secretary
• Christian Waldegrave, Manager-Research

Who are some of Teekay Tankers' key competitors?

Some companies that are related to Teekay Tankers include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Golar LNG (GLNG), Frontline (FRO), Golden Ocean Group (GOGL), SFL (SFL), Scorpio Tankers (STNG), Teekay (TK) and Nordic American Tankers (NAT).
View all of TNK's competitors.

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 a variety of retail and institutional investors. Top institutional investors include Spire Wealth Management (0.07%) and Cutler Group LP (0.00%).

Which major investors are buying Teekay Tankers stock?

TNK stock was acquired by a variety of institutional investors in the last quarter, including Cutler Group LP, and Spire Wealth Management.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Teekay Tankers' stock price today?

One share of TNK stock can currently be purchased for approximately $10.55.

How much money does Teekay Tankers make?

Teekay Tankers has a market capitalization of $355.94 million and generates $886.43 million in revenue each year. The shipping company earns $87.32 million in net income (profit) each year or ($8.17) on an earnings per share basis.

How many employees does Teekay Tankers have?

Teekay Tankers employs 2,100 workers across the globe.

When was Teekay Tankers founded?

Teekay Tankers was founded in 1973.

What is Teekay Tankers' official website?

The official website for Teekay Tankers is www.teekay.com.

Where are Teekay Tankers' headquarters?

Teekay Tankers is headquartered at 4TH FLOOR BELVEDERE BUILDING 69 PITTS BAY ROAD, HAMILTON D0, HM08.

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 (604) 683-3529, via email at [email protected], or via fax at 441-292-3931.