NYSE:TNK - Teekay Tankers Stock Price, Price Target & More

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

Teekay Tankers announced a quarterly dividend on Wednesday, February 21st. Stockholders 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 dividend on an annualized basis and a dividend yield of 11.43%. The ex-dividend date is Friday, March 2nd. View Teekay Tankers' Dividend History.

Teekay Tankers Ltd. (NYSE:TNK) announced its quarterly earnings data on Thursday, May, 17th. The shipping company reported ($0.08) earnings per share for the quarter, meeting the consensus estimate of ($0.08). The shipping company had revenue of $88.47 million for the quarter, compared to analyst estimates of $83.84 million. Teekay Tankers had a negative net margin of 17.16% and a negative return on equity of 5.24%. Teekay Tankers's revenue was down 17.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.04 EPS. View Teekay Tankers' Earnings History.

Teekay Tankers is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Teekay Tankers.

6 Wall Street analysts have issued 1 year target prices for Teekay Tankers' stock. Their forecasts range from $1.00 to $3.00. On average, they anticipate Teekay Tankers' share price to reach $1.65 in the next twelve months. This suggests a possible upside of 57.1% from the stock's current price. View Analyst Ratings for Teekay Tankers.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay Tankers in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Teekay Tankers saw a decrease in short interest during the month of June. As of June 29th, there was short interest totalling 3,419,203 shares, a decrease of 49.4% from the June 15th total of 6,760,521 shares. Based on an average trading volume of 2,262,077 shares, the short-interest ratio is presently 1.5 days. Approximately 1.8% of the company's stock are sold short. View Teekay Tankers' Current Options Chain.

Some companies that are related to Teekay Tankers include Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (GLOP), Kenon (KEN), Tidewater (TDW), KNOT Offshore Partners (KNOP), International Seaways (INSW), Hoegh LNG Partners (HMLP), Nordic American Tanker (NAT), Dynagas LNG Partners (DLNG), Hornbeck Offshore Services (HOS), Odyssey Marine Exploration (OMEX), EuroDry (EDRY) and Caspian Services (CSSV).

News articles about TNK stock have been trending somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Teekay Tankers earned a news impact score of 0.06 on Accern's scale. They also gave news articles about the shipping company an impact score of 45.61 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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.

One share of TNK stock can currently be purchased for approximately $1.05.

Teekay Tankers has a market capitalization of $300.78 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 1,700 workers across the globe.

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]