Tsakos Energy Navigation Company Profile (NYSE:TNP)

About Tsakos Energy Navigation (NYSE:TNP)

Tsakos Energy Navigation logoTsakos Energy Navigation Limited is a provider of international seaborne crude oil and petroleum product transportation services. The Company operates through maritime transportation of liquid energy related products segment. It operates a fleet of approximately 50 modern crude oil and petroleum product tankers that provide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters. Its fleet also includes a liquefied natural gas (LNG) carrier and over two shuttle suezmax tankers with dynamic positioning technology (DP2). This fleet diversity includes a range of sister ships. The operating fleet totals over 5.2 million deadweight tonnage (dwt), all of which is double-hulled. Its diversified fleet, which includes VLCC, suezmax, aframax, panamax, handysize, handymax tankers, LNG carrier and DP2 shuttle tankers, allows it to serve its customers' international petroleum product and crude oil transportation needs.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Symbol: NYSE:TNP
  • CUSIP: N/A
  • Web: www.tenn.gr
Capitalization:
  • Market Cap: $378.69 million
  • Outstanding Shares: 83,966,000
Average Prices:
  • 50 Day Moving Avg: $4.66
  • 200 Day Moving Avg: $4.71
  • 52 Week Range: $3.92 - $6.53
P/E:
  • Trailing P/E Ratio: 11.90
  • Foreward P/E Ratio: 5.57
  • P/E Growth: -1.58
Sales & Book Value:
  • Annual Revenue: $497.94 million
  • Price / Sales: 0.76
  • Book Value: $16.99 per share
  • Price / Book: 0.27
Dividend:
  • Annual Dividend: $0.20
  • Dividend Yield: 4.4%
Profitability:
  • EBIDTA: $195.68 million
  • Net Margins: 16.89%
  • Return on Equity: 5.93%
  • Return on Assets: 2.82%
Debt:
  • Debt-to-Equity Ratio: 0.88%
  • Current Ratio: 1.02%
  • Quick Ratio: 0.98%
Misc:
  • Average Volume: 351,059 shs.
  • Beta: 1.87
  • Short Ratio: 3.47
 

Frequently Asked Questions for Tsakos Energy Navigation (NYSE:TNP)

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

Tsakos Energy Navigation announced a quarterly dividend on Monday, May 15th. Investors of record on Tuesday, July 11th will be given a dividend of $0.05 per share on Friday, July 14th. This represents a $0.20 annualized dividend and a yield of 4.43%. The ex-dividend date of this dividend is Friday, July 7th. View Tsakos Energy Navigation's Dividend History.

How were Tsakos Energy Navigation's earnings last quarter?

Tsakos Energy Navigation Ltd. (NYSE:TNP) issued its quarterly earnings results on Friday, May, 12th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.04. The firm earned $108.16 million during the quarter, compared to analysts' expectations of $113.51 million. Tsakos Energy Navigation had a net margin of 16.89% and a return on equity of 5.93%. View Tsakos Energy Navigation's Earnings History.

Where is Tsakos Energy Navigation's stock going? Where will Tsakos Energy Navigation's stock price be in 2017?

6 analysts have issued 1-year price targets for Tsakos Energy Navigation's stock. Their forecasts range from $5.00 to $7.50. On average, they expect Tsakos Energy Navigation's share price to reach $6.30 in the next year. View Analyst Ratings for Tsakos Energy Navigation.

What are analysts saying about Tsakos Energy Navigation stock?

Here are some recent quotes from research analysts about Tsakos Energy Navigation stock:

  • 1. Maxim Group analysts commented, "As a reminder, we revised our 2017 tanker sector outlook in conjunction with our Batten Down the Hatches, Rough Seas Ahead: Crude Tanker Shipping Update report, published on April 21, 2017." (5/8/2017)
  • 2. According to Zacks Investment Research, "Tsakos Energy Navigation is a leading provider of international seaborne crude oil and petroleum product transportation services. It was incorporated in 1993 as an exempted company under the laws of Bermuda under the name Maritime Investment Fund Limited. In 1996, Maritime Investment Fund Limited was renamed MIF Limited. Their common shares were listed in 1993 on the Oslo Stock Exchange and the Bermuda Stock Exchange although they delisted from the OSE in March 2005 due to limited trading. The Company's shares are no longer actively traded on the Bermuda exchange. In July 2001, the Company's name was changed to Tsakos Energy Navigation to enhance their brand recognition in the tanker industry, particularly among charterers. " (4/27/2017)

Who are some of Tsakos Energy Navigation's key competitors?

Who owns Tsakos Energy Navigation stock?

Tsakos Energy Navigation's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Kopernik Global Investors LLC (3.92%), Renaissance Technologies LLC (2.81%), LSV Asset Management (2.45%), Russell Investments Group Ltd. (1.46%), Global X Management Co. LLC (1.31%) and Credit Suisse AG (1.19%). View Institutional Ownership Trends for Tsakos Energy Navigation.

Who sold Tsakos Energy Navigation stock? Who is selling Tsakos Energy Navigation stock?

Tsakos Energy Navigation's stock was sold by a variety of institutional investors in the last quarter, including Kopernik Global Investors LLC, Renaissance Technologies LLC, Highbridge Capital Management LLC, Credit Suisse AG, California Public Employees Retirement System, Bank of America Corp DE, Goldman Sachs Group Inc. and JPMorgan Chase & Co.. View Insider Buying and Selling for Tsakos Energy Navigation.

Who bought Tsakos Energy Navigation stock? Who is buying Tsakos Energy Navigation stock?

Tsakos Energy Navigation's stock was purchased by a variety of institutional investors in the last quarter, including Old West Investment Management LLC, Morgan Stanley, Blair William & Co. IL, Wells Fargo & Company MN, Russell Investments Group Ltd., HPM Partners LLC, Stifel Financial Corp and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Tsakos Energy Navigation.

How do I buy Tsakos Energy Navigation stock?

Shares of Tsakos Energy Navigation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Tsakos Energy Navigation stock cost?

One share of Tsakos Energy Navigation stock can currently be purchased for approximately $4.51.

Analyst Ratings

Consensus Ratings for Tsakos Energy Navigation (NYSE:TNP) (?)
Ratings Breakdown: 1 Hold Rating, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $6.30 (39.69% upside)

Analysts' Ratings History for Tsakos Energy Navigation (NYSE:TNP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/14/2017Maxim GroupSet Price TargetBuy$7.00LowView Rating Details
4/24/2017Jefferies Group LLCReiterated RatingBuy$6.00HighView Rating Details
3/17/2017Credit Suisse Group AGReiterated RatingHold$5.00LowView Rating Details
1/10/2017Clarkson CapitalReiterated RatingBuyN/AView Rating Details
11/30/2016JPMorgan Chase & Co.Lower Price TargetOverweight$8.00 -> $7.50N/AView Rating Details
9/12/2016Morgan StanleySet Price TargetBuy$6.00N/AView Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuy$10.00N/AView Rating Details
9/8/2015Evercore ISIInitiated CoverageBuy$11.00N/AView Rating Details
5/27/2015EuroPacific CanadaReiterated RatingBuy$13.50N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Tsakos Energy Navigation (NYSE:TNP)
Earnings by Quarter for Tsakos Energy Navigation (NYSE:TNP)
Earnings History by Quarter for Tsakos Energy Navigation (NYSE:TNP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/12/20173/31/2017$0.12$0.16$113.51 million$108.16 millionViewN/AView Earnings Details
9/9/2016Q216$0.15$0.15$104.82 million$94.83 millionViewN/AView Earnings Details
5/31/2016Q116$0.24$0.25$111.56 million$99.60 millionViewListenView Earnings Details
3/15/2016Q415$0.38$0.41$119.81 million$143.10 millionViewListenView Earnings Details
11/6/2015Q315$0.38$0.40$117.83 million$109.90 millionViewN/AView Earnings Details
7/31/2015Q215$0.42$0.45$117.79 million$154.02 millionViewListenView Earnings Details
5/22/2015Q414$0.36$0.42$111.56 million$114.32 millionViewListenView Earnings Details
3/19/2015Q4$0.16$0.23$99.59 million$99.50 millionViewN/AView Earnings Details
11/21/2014Q314$0.04$0.04$87.10 million$120.90 millionViewN/AView Earnings Details
8/4/2014Q214($0.02)($0.02)$75.10 million$112.40 millionViewN/AView Earnings Details
5/16/2014Q114$0.10$0.06$87.87 million$91.30 millionViewN/AView Earnings Details
3/17/2014Q413($0.09)($0.66)$74.86 million$105.03 millionViewN/AView Earnings Details
11/20/2013Q3($0.06)($0.04)$74.42 million$73.80 millionViewListenView Earnings Details
8/2/2013Q2 2013($0.03)($0.04)$73.84 million$108.10 millionViewN/AView Earnings Details
5/24/2013Q1 2013($0.08)$0.02$67.73 million$97.69 millionViewN/AView Earnings Details
4/19/2013Q4 2012($0.19)($0.43)$65.86 million$100.30 millionViewN/AView Earnings Details
11/21/2012-0.18($0.18)$92.40 millionViewN/AView Earnings Details
8/3/2012($0.16)($0.10)ViewN/AView Earnings Details
3/16/2012($0.42)($0.37)ViewN/AView Earnings Details
11/18/2011($0.41)($0.52)ViewN/AView Earnings Details
7/28/2011($0.20)($0.19)ViewN/AView Earnings Details
5/11/2011$0.04$0.20ViewN/AView Earnings Details
3/14/2011($0.22)$0.01ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Tsakos Energy Navigation (NYSE:TNP)
2017 EPS Consensus Estimate: $0.32
2018 EPS Consensus Estimate: $0.96
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.09$0.16$0.13
Q2 20172$0.02$0.02$0.02
Q3 20172($0.02)$0.04$0.01
Q4 20172$0.15$0.18$0.17
Q1 20181$0.24$0.24$0.24
Q2 20181$0.24$0.24$0.24
Q3 20181$0.23$0.23$0.23
Q4 20181$0.25$0.25$0.25
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Tsakos Energy Navigation (NYSE:TNP)
Next Dividend:7/14/2017
Annual Dividend:$0.20
Dividend Yield:4.43%
Dividend Growth:24.60% (3 Year Average)
Payout Ratio:25.32% (Trailing 12 Months of Earnings)
41.67% (Based on This Year's Estimates)
24.69% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Tsakos Energy Navigation (NYSE:TNP)

Dividend History by Quarter for Tsakos Energy Navigation (NYSE:TNP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/15/2017quarterly$0.054.25%7/7/20177/11/20177/14/2017
3/20/2017Quarterly$0.054.21%4/21/20174/25/20174/28/2017
11/29/2016Quarterly$0.054.45%12/14/201612/16/201612/22/2016
9/12/2016quarterly$0.086.37%11/2/201611/4/201611/10/2016
6/1/2016quarterly$0.085.14%8/1/20168/3/20168/10/2016
2/16/2016Quarterly$0.085.24%3/28/20163/30/20164/7/2016
8/3/2015quarterly$0.062.6%12/7/201512/9/201512/15/2015
5/26/2015quarterly$0.062.47%9/1/20159/3/20159/10/2015
3/20/2015quarterly$0.063.08%5/19/20155/21/20155/28/2015
1/30/2015quarterly$0.063.48%2/10/20152/12/20152/19/2015
8/4/2014quarterly$0.053.12%11/19/201411/21/201411/25/2014
5/16/2014quarterly$0.052.88%8/7/20148/11/20148/14/2014
3/18/2014quarterly$0.052.57%5/15/20145/19/20145/22/2014
11/22/2013quarterly$0.054.21%12/10/201312/12/201312/17/2013
5/24/2013quarterly$0.054.12%9/5/20139/9/20139/12/2013
4/19/2013quarterly$0.055.65%5/28/20135/30/20136/5/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Tsakos Energy Navigation (NYSE:TNP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Tsakos Energy Navigation (NYSE:TNP)
Latest Headlines for Tsakos Energy Navigation (NYSE:TNP)
Source:
DateHeadline
finance.yahoo.com logoTsakos Energy Navigation: Should Value Investors Pick TNP Stock?
finance.yahoo.com - May 27 at 6:20 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (TNP) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - May 23 at 4:16 PM
finance.yahoo.com logoAnalyzing Tsakos Energy Navigation’s Fleet
finance.yahoo.com - May 18 at 12:40 PM
finance.yahoo.com logoHow Did Tsakos Energy Navigation’s Top Line Fare in 1Q17?
finance.yahoo.com - May 17 at 12:50 PM
finance.yahoo.com logoTsakos Energy Navigation’s EBITDA Rose in 1Q17
finance.yahoo.com - May 17 at 12:50 PM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (TNP) to Post FY2017 Earnings of $0.36 Per Share, Seaport Global Securities Forecasts
www.americanbankingnews.com - May 17 at 8:28 AM
americanbankingnews.com logoQ2 2017 Earnings Forecast for Tsakos Energy Navigation Ltd. Issued By Seaport Global Securities (TNP)
www.americanbankingnews.com - May 16 at 7:52 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd. to Issue Quarterly Dividend of $0.05 (TNP)
www.americanbankingnews.com - May 15 at 6:22 PM
americanbankingnews.com logoMaxim Group Analysts Give Tsakos Energy Navigation Ltd. (TNP) a $7.00 Price Target
www.americanbankingnews.com - May 15 at 2:34 PM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (TNP) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS
www.americanbankingnews.com - May 15 at 10:58 AM
finance.yahoo.com logoEdited Transcript of TNP earnings conference call or presentation 12-May-17 2:00pm GMT
finance.yahoo.com - May 13 at 1:48 AM
streetinsider.com logoTsakos Energy Navigation (TNP) Declares $0.16 Quarterly Dividend; 13.9% Yield
www.streetinsider.com - May 12 at 8:47 PM
finance.yahoo.com logoTEN Ltd. Declares Dividend on its Series D and Series E Cumulative Perpetual Preferred Shares
finance.yahoo.com - May 12 at 8:47 PM
finance.yahoo.com logoTEN Ltd Reports First Quarter 2017 Profits And Declares Dividend
finance.yahoo.com - May 12 at 3:46 PM
finance.yahoo.com logoTsakos tops 1Q profit forecasts
finance.yahoo.com - May 12 at 3:46 PM
finance.yahoo.com logoTsakos Energy Navigation Ltd. breached its 50 day moving average in a Bullish Manner : TNP-US : May 11, 2017
finance.yahoo.com - May 12 at 2:32 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (TNP) Set to Announce Earnings on Friday
www.americanbankingnews.com - May 10 at 7:08 AM
americanbankingnews.com logoTsakos Energy Navigation's (TNP) "Buy" Rating Reiterated at Maxim Group
www.americanbankingnews.com - May 8 at 4:16 PM
americanbankingnews.com logoZacks: Analysts Anticipate Tsakos Energy Navigation Ltd. (TNP) Will Announce Earnings of $0.12 Per Share
www.americanbankingnews.com - May 6 at 12:50 AM
finance.yahoo.com logoTEN Ltd. Announces Date of First Quarter 2017 Financial Results, Conference Call and Webcast
finance.yahoo.com - May 5 at 11:35 PM
finance.yahoo.com logoETFs with exposure to Tsakos Energy Navigation Ltd. : May 5, 2017
finance.yahoo.com - May 5 at 11:35 PM
finance.yahoo.com logoTsakos Energy Navigation Ltd. :TNP-US: Earnings Analysis: Q4, 2016 By the Numbers : May 4, 2017
finance.yahoo.com - May 5 at 12:32 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (TNP) Expected to Announce Quarterly Sales of $113.51 Million
www.americanbankingnews.com - May 4 at 1:12 PM
americanbankingnews.com logoTsakos Energy Navigation (TNP) Earns Media Sentiment Score of 0.29
www.americanbankingnews.com - May 2 at 6:58 PM
finance.yahoo.com logoTsakos Energy Navigation Ltd. Announces Availability of Form 20-F for the Year Ended December 31, 2016
finance.yahoo.com - May 2 at 6:16 PM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (TNP) Expected to Announce Earnings of $0.12 Per Share
www.americanbankingnews.com - May 2 at 3:58 PM
americanbankingnews.com logoTsakos Energy Navigation (TNP) Receiving Favorable Media Coverage, Study Shows
www.americanbankingnews.com - April 29 at 7:23 PM
finance.yahoo.com logoTsakos Energy Navigation Ltd. – Value Analysis (NYSE:TNP) : April 28, 2017
finance.yahoo.com - April 28 at 10:55 PM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (TNP) Given Average Rating of "Buy" by Brokerages
www.americanbankingnews.com - April 28 at 6:41 PM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (TNP) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - April 28 at 12:18 AM
finance.yahoo.com logoTsakos Energy Navigation Ltd. breached its 50 day moving average in a Bearish Manner : TNP-US : April 27, 2017
finance.yahoo.com - April 27 at 9:42 PM
americanbankingnews.com logoFavorable Press Coverage Unlikely to Impact Tsakos Energy Navigation (TNP) Share Price
www.americanbankingnews.com - April 26 at 5:14 PM
prnewswire.com logoResearch Reports Coverage on Shipping Stocks -- Nordic American ... - PR Newswire (press release)
www.prnewswire.com - April 26 at 4:43 PM
bizjournals.com logoResearch Reports Coverage on Shipping Stocks -- Nordic American, Euroseas, Teekay LNG, and Tsakos Energy
www.bizjournals.com - April 26 at 8:47 AM
americanbankingnews.com logoQ1 2017 Earnings Estimate for Tsakos Energy Navigation Ltd. Issued By Jefferies Group (TNP)
www.americanbankingnews.com - April 26 at 8:21 AM
americanbankingnews.com logoQ4 2017 Earnings Forecast for Tsakos Energy Navigation Ltd. (TNP) Issued By Jefferies Group
www.americanbankingnews.com - April 25 at 1:59 PM
americanbankingnews.com logoJefferies Group LLC Reaffirms "Buy" Rating for Tsakos Energy Navigation Ltd. (TNP)
www.americanbankingnews.com - April 24 at 11:32 AM
americanbankingnews.com logoTsakos Energy Navigation (TNP) Given Daily News Sentiment Rating of 0.03
www.americanbankingnews.com - April 23 at 5:51 PM
finance.yahoo.com logoTsakos Energy Navigation Ltd. : TNP-US: Dividend Analysis : April 25th, 2017 (record date) : By the numbers : April 21, 2017
finance.yahoo.com - April 21 at 8:03 PM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (TNP) Given a $7.00 Price Target by Maxim Group Analysts
www.americanbankingnews.com - April 21 at 5:40 PM
nasdaq.com logoTsakos Energy Navigation Ltd (TNP) Ex-Dividend Date...
www.nasdaq.com - April 20 at 10:22 PM
americanbankingnews.com logoTsakos Energy Navigation (TNP) Earns Media Impact Score of 0.35
www.americanbankingnews.com - April 16 at 10:41 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (tnp) to Issue Quarterly Dividend of $0.05
www.americanbankingnews.com - April 16 at 8:06 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (TNP) Expected to Announce Quarterly Sales of $117.69 Million
www.americanbankingnews.com - April 13 at 12:38 PM
seekingalpha.com logoTsakos starts chartering strategic alliance with "major U.S. oil company"
seekingalpha.com - April 11 at 8:02 PM
finance.yahoo.com logoTEN Announces Delivery and Charter of Aframax Tanker Sola TS and Initiation of Strategic Relationship With Large End User
finance.yahoo.com - April 11 at 8:02 PM
americanbankingnews.com logoZacks: Brokerages Expect Tsakos Energy Navigation Ltd. (TNP) to Announce $0.21 Earnings Per Share
www.americanbankingnews.com - April 11 at 10:49 AM
finance.yahoo.com logoTEN Ltd. Announces Closing of Public Offering of Series E Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Shares, including Full Exercise of Underwriters' Option to Purchase Additional Shares
finance.yahoo.com - April 7 at 1:02 PM
americanbankingnews.com logoTsakos Energy Navigation Ltd. (TNP) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - April 6 at 1:22 PM
seekingalpha.com logo2 New Tanker Preferred Stocks - Just The Facts
seekingalpha.com - April 2 at 11:54 AM

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Tsakos Energy Navigation (TNP) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff