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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
NYSE:TNK

Teekay Tankers - TNK Stock Forecast, Price & News

$32.38
+0.71 (+2.24%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$31.64
$33.56
50-Day Range
$26.71
$35.02
52-Week Range
$10.39
$36.61
Volume
315,180 shs
Average Volume
399,581 shs
Market Capitalization
N/A
P/E Ratio
26.33
Dividend Yield
N/A
Price Target
$44.00

Teekay Tankers MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
35.9% Upside
$44.00 Price Target
Short Interest
Healthy
3.94% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.66mentions of Teekay Tankers in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
139.38%
From $5.79 to $13.86 Per Share

Overall MarketRank

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

2.99 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

These 3 Small-Caps Boast Steep Growth Trajectories
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
StockNews.com Upgrades Teekay Tankers (NYSE:TNK) to Buy
Teekay Tankers Stock Hits New 52-Week Low (TNK)
United Airlines (UAL) Tops Q4 Earnings, Revenues Rise Y/Y
Cash Holders STILL Aren't Taking Steps to Prepare
Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.
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Air Lease (AL) Rides on Fleet Growth, Rising Expenses Ail
Teekay Tankers: Looking For A Positive Outlook In 2023
See More Headlines
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TNK Company Calendar

Last Earnings
11/04/2021
Today
2/05/2023
Next Earnings (Estimated)
2/23/2023
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
$44.00
High Stock Price Forecast
$44.00
Low Stock Price Forecast
$44.00
Forecasted Upside/Downside
+35.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-242,370,000.00
Pretax Margin
5.00%

Debt

Sales & Book Value

Annual Sales
$542.37 million
Book Value
$24.85 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
-0.01

Social Links


Key Executives

  • Kevin J. Mackay
    President & Chief Executive Officer
  • Stewart Andrade
    CFO, Principal Accounting Officer & EVP
  • N. Angelique Burgess
    Assistant Secretary
  • Christian Waldegrave
    Manager-Research
  • Ryan J. Hamilton
    Head-Investor Relations













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 twelve months. 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 brokerages have issued twelve-month target prices for Teekay Tankers' shares. Their TNK share price forecasts range from $44.00 to $44.00. On average, they expect the company's stock price to reach $44.00 in the next year. This suggests a possible upside of 35.9% 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 start of the year. Since then, TNK stock has increased by 5.1% and is now trading at $32.38.
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, February 23rd 2023.
View our TNK earnings forecast
.

How were Teekay Tankers' earnings last quarter?

Teekay Tankers Ltd. (NYSE:TNK) issued its earnings results on Thursday, November, 4th. The shipping company reported ($1.48) EPS for the quarter, beating analysts' consensus estimates of ($1.63) by $0.15. The shipping company earned $115.90 million during the quarter, compared to analysts' expectations of $37.25 million. Teekay Tankers had a trailing twelve-month return on equity of 5.19% and a net margin of 5.01%. Teekay Tankers's quarterly revenue was down 31.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.09 EPS.

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 a variety of retail and institutional investors. Top institutional shareholders include DAVENPORT & Co LLC (0.63%), Nisa Investment Advisors LLC (0.00%), New York State Common Retirement Fund (0.00%), Navellier & Associates Inc. (0.00%), Sumitomo Mitsui Trust Holdings Inc. (0.00%) and Cornerstone Investment Partners LLC (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 $32.38.

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 2/5/2023 by MarketBeat.com Staff