Teekay Tankers (TNK) Stock Forecast, Price & News

Teekay Tankers (NYSE:TNK) Frequently Asked Questions

Is Teekay Tankers a buy right now?

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

Are investors shorting Teekay Tankers?

Teekay Tankers saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 1,200,000 shares, an increase of 43.7% from the March 31st total of 835,300 shares. Based on an average daily trading volume, of 399,600 shares, the short-interest ratio is presently 3.0 days. Currently, 5.1% of the shares of the company are sold short.
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, August 4th 2022.
View our earnings forecast for Teekay Tankers.

How were Teekay Tankers' earnings last quarter?

Teekay Tankers Ltd. (NYSE:TNK) announced its quarterly earnings data on Thursday, May, 12th. The shipping company reported ($0.41) earnings per share for the quarter, beating analysts' consensus estimates of ($0.61) by $0.20. The shipping company had revenue of $174 million for the quarter, compared to the consensus estimate of $61.06 million. Teekay Tankers had a negative net margin of 40.96% and a negative trailing twelve-month return on equity of 15.05%. The firm's revenue was up 21.8% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.65) EPS.
View Teekay Tankers' earnings history.

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

Teekay Tankers's stock reverse split before market open 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 Teekay Tankers stock prior to the reverse split would have 13 shares after the split.

What price target have analysts set for TNK?

2 analysts have issued 12 month target prices for Teekay Tankers' shares. Their forecasts range from $20.00 to $20.00. On average, they anticipate Teekay Tankers' share price to reach $20.00 in the next twelve months. This suggests that the stock has a possible downside of 5.8%.
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:

• Mr. Kevin J. Mackay, Pres & CEO (Age 53)
• Mr. Stewart Andrade, Chief Financial Officer (Age 49)
• Mr. Jim Basterfield, Head of HR
• Ms. Edith Robinson, Corp. Sec. (Age 57)
• Mr. Christian Waldegrave, Director of Research & Commercial Performance

Who are some of Teekay Tankers' key competitors?

Some companies that are related to Teekay Tankers include Williams Companies (WMB), Kinder Morgan (KMI), Cheniere Energy (LNG), Targa Resources (TRGP), Golar LNG (GLNG), Frontline (FRO), Golden Ocean Group (GOGL), Scorpio Tankers (STNG), SFL (SFL), Nordic American Tankers (NAT) and Teekay (TK).
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 number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (3.90%), BlackRock Inc. (3.72%), State Street Corp (1.29%), Charles Schwab Investment Management Inc. (1.12%), Russell Investments Group Ltd. (0.95%) and Northern Trust Corp (0.80%).

Which institutional investors are selling Teekay Tankers stock?

TNK stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Group One Trading L.P., PEAK6 Investments LLC, Spire Wealth Management, Ancora Advisors LLC, HAP Trading LLC, Boston Partners, and BlackRock Inc..

Which institutional investors are buying Teekay Tankers stock?

TNK stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Charles Schwab Investment Management Inc., JPMorgan Chase & Co., Atria Wealth Solutions Inc., Connor Clark & Lunn Investment Management Ltd., American Century Companies Inc., Renaissance Technologies LLC, and Belvedere Trading LLC.

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.
Compare Top Brokerages Here.

What is Teekay Tankers' stock price today?

One share of TNK stock can currently be purchased for approximately $21.23.

How much money does Teekay Tankers make?

Teekay Tankers has a market capitalization of $716.26 million and generates $542.37 million in revenue each year. The shipping company earns $-242.37 million in net income (profit) each year or ($6.95) on an earnings per share basis.

How many employees does Teekay Tankers have?

Teekay Tankers employs 1,900 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.

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.