×
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
S&P 500   3,825.33
DOW   31,097.26
QQQ   282.13
NYSE:TNP

Tsakos Energy Navigation Stock Forecast, Price & News

$9.56
+0.59 (+6.58%)
(As of 07/1/2022 03:59 PM ET)
Add
Compare
Today's Range
$8.80
$9.64
50-Day Range
$8.76
$13.13
52-Week Range
$6.75
$13.90
Volume
8,083 shs
Average Volume
152,726 shs
Market Capitalization
$173.99 million
P/E Ratio
N/A
Dividend Yield
1.05%
Price Target
$14.00

Tsakos Energy Navigation MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
72.6% Upside
$16.50 Price Target
Short Interest
Healthy
1.71% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.59mentions of Tsakos Energy Navigation in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-19.30%
From $3.16 to $2.55 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.96 out of 5 stars

Transportation Sector

67th out of 176 stocks

Deep Sea Foreign Transportation Of Freight Industry

18th out of 45 stocks

30 days | 90 days | 365 days | Advanced Chart

Receive TNP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Tsakos Energy Navigation and its competitors with MarketBeat's FREE daily newsletter.

Tsakos Energy Navigation logo

About Tsakos Energy Navigation (NYSE:TNP) Stock

Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. As of April 21, 2022, it operated a fleet of 66 double-hull vessels, comprising of 60 conventional tankers, three LNG carriers, and three suezmax DP2 shuttle tankers. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navigation Limited was incorporated in 1993 and is based in Athens, Greece.

TNP Stock News Headlines

Tsakos Energy Navigation FQ1 2022 Earnings Preview
Tsakos Energy Navigation declares $0.10 dividend
Tsakos Energy Navigation's Earnings Outlook
Tsakos Energy Navigation Q4 2021 Earnings Preview
TNP_pd Technical Analysis
Safe Bulkers (SB) Lags Q4 Earnings Estimates
See More Headlines

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
1,500
Year Founded
N/A

Company Calendar

Last Earnings
6/30/2022
Today
7/05/2022
Ex-Dividend for 7/20 Dividend
7/13/2022
Dividend Payable
7/20/2022
Next Earnings (Estimated)
10/06/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$16.50
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$15.00
Forecasted Upside/Downside
+46.4%
Consensus Rating
Buy
Rating Score (0-4)
3
Research Coverage
2 Analysts

Profitability

Net Income
$-151,400,000.00
Pretax Margin
-27.57%

Debt

Sales & Book Value

Annual Sales
$546.12 million
Cash Flow
$4.80 per share
Book Value
$70.14 per share

Miscellaneous

Free Float
18,014,000
Market Cap
$173.99 million
Optionable
Optionable
Beta
-0.05














Tsakos Energy Navigation Frequently Asked Questions

Should I buy or sell Tsakos Energy Navigation stock right now?

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

What is Tsakos Energy Navigation's stock price forecast for 2022?

2 brokerages have issued twelve-month price targets for Tsakos Energy Navigation's shares. Their TNP stock forecasts range from $15.00 to $18.00. On average, they predict Tsakos Energy Navigation's share price to reach $16.50 in the next year. This suggests a possible upside of 72.6% from the stock's current price.
View analysts' price targets for Tsakos Energy Navigation
or view top-rated stocks among Wall Street analysts.

How has Tsakos Energy Navigation's stock performed in 2022?

Tsakos Energy Navigation's stock was trading at $7.24 on January 1st, 2022. Since then, TNP stock has increased by 32.0% and is now trading at $9.56.
View the best growth stocks for 2022 here
.

Are investors shorting Tsakos Energy Navigation?

Tsakos Energy Navigation saw a decrease in short interest in the month of May. As of May 31st, there was short interest totaling 312,700 shares, a decrease of 14.7% from the May 15th total of 366,700 shares. Based on an average daily volume of 256,300 shares, the days-to-cover ratio is currently 1.2 days. Approximately 1.7% of the company's stock are short sold.
View Tsakos Energy Navigation's Short Interest
.

When is Tsakos Energy Navigation's next earnings date?

Tsakos Energy Navigation is scheduled to release its next quarterly earnings announcement on Thursday, October 6th 2022.
View our earnings forecast for Tsakos Energy Navigation
.

How were Tsakos Energy Navigation's earnings last quarter?

Tsakos Energy Navigation Limited (NYSE:TNP) released its quarterly earnings data on Thursday, June, 30th. The shipping company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.21) by $0.09. Tsakos Energy Navigation had a negative trailing twelve-month return on equity of 3.72% and a negative net margin of 25.33%. During the same period in the previous year, the business posted ($0.80) EPS.
View Tsakos Energy Navigation's earnings history
.

How often does Tsakos Energy Navigation pay dividends? What is the dividend yield for Tsakos Energy Navigation?

Tsakos Energy Navigation announced a quarterly dividend on Thursday, June 30th. Investors of record on Thursday, July 14th will be given a dividend of $0.10 per share on Wednesday, July 20th. This represents a $0.40 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date is Wednesday, July 13th.
View Tsakos Energy Navigation's dividend history
.

Is Tsakos Energy Navigation a good dividend stock?

Tsakos Energy Navigation(NYSE:TNP) pays an annual dividend of $0.10 per share and currently has a dividend yield of 1.05%.
View Tsakos Energy Navigation's dividend history.

When did Tsakos Energy Navigation's stock split? How did Tsakos Energy Navigation's stock split work?

Tsakos Energy Navigation's stock reverse split on Wednesday, July 1st 2020. The 1-5 reverse split was announced on Monday, June 22nd 2020. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, June 30th 2020. An investor that had 100 shares of Tsakos Energy Navigation stock prior to the reverse split would have 20 shares after the split.

Who are Tsakos Energy Navigation's key executives?

Tsakos Energy Navigation's management team includes the following people:
  • Mr. Nikolas P. Tsakos, Founder, CEO, Pres & Exec. Director (Age 59)
  • Mr. Michael Gordon Jolliffe, Co-Founder & Vice Chairman (Age 72)
  • Mr. Paul Durham, CFO & Chief Accounting Officer (Age 71)
  • Mr. George V. Saroglou, COO, VP & Exec. Director (Age 57)
  • Harrys Kosmatos, Corp. Devel. Officer
  • Mr. Vasileios Papageorgiou, Chief Marine Officer (Age 75)

What other stocks do shareholders of Tsakos Energy Navigation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tsakos Energy Navigation investors own include Teekay Tankers (TNK), Energy Transfer (ET), DHT (DHT), Capital Product Partners (CPLP), Frontline (FRO), Gilead Sciences (GILD), Scorpio Tankers (STNG), AT&T (T), Teekay LNG Partners (TGP) and Inovio Pharmaceuticals (INO).

What is Tsakos Energy Navigation's stock symbol?

Tsakos Energy Navigation trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNP."

How do I buy shares of Tsakos Energy Navigation?

Shares of TNP 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 Tsakos Energy Navigation's stock price today?

One share of TNP stock can currently be purchased for approximately $9.56.

How much money does Tsakos Energy Navigation make?

Tsakos Energy Navigation (NYSE:TNP) has a market capitalization of $173.99 million and generates $546.12 million in revenue each year. The shipping company earns $-151,400,000.00 in net income (profit) each year or ($8.38) on an earnings per share basis.

How many employees does Tsakos Energy Navigation have?

Tsakos Energy Navigation employs 1,500 workers across the globe.

How can I contact Tsakos Energy Navigation?

Tsakos Energy Navigation's mailing address is 367 SYNGROU AVENUE, ATHENS J3, 17564. The official website for Tsakos Energy Navigation is www.tenn.gr. The shipping company can be reached via phone at 302109407710, via email at ten@capitallink.com, or via fax at 30 210 94 07 716.

This page (NYSE:TNP) was last updated on 7/5/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.