Tsakos Energy Navigation Company Profile (NYSE:TNP)

About Tsakos Energy Navigation

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
  • Exchange: NYSE
  • Symbol: TNP
  • CUSIP:
Key Metrics:
  • Previous Close: $4.91
  • 50 Day Moving Average: $5.05
  • 200 Day Moving Average: $5.66
  • Trailing P/E Ratio: 3.23
  • Foreward P/E Ratio: 3.64
  • P/E Growth: 0.07
  • Market Cap: $423.00M
  • Outstanding Shares: 86,151,000
  • Beta: 2.02
Additional Links:
Companies Related to Tsakos Energy Navigation:

Analyst Ratings

Consensus Ratings for Tsakos Energy Navigation (NYSE:TNP) (?)
Ratings Breakdown: 6 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $9.10 (85.34% upside)

Analysts' Ratings History for Tsakos Energy Navigation (NYSE:TNP)
Show:
DateFirmActionRatingPrice TargetDetails
8/26/2016Morgan StanleyReiterated RatingOverweight$8.00 -> $6.50View Rating Details
7/27/2016Jefferies GroupSet Price TargetBuy$9.00 -> $7.00View Rating Details
6/1/2016Credit Suisse Group AGReiterated RatingOutperformView Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuy$10.00View Rating Details
4/7/2016JPMorgan Chase & Co.Lower Price TargetBuy$14.00 -> $11.00View Rating Details
9/8/2015Evercore ISIInitiated CoverageBuy$11.00View Rating Details
5/27/2015EuroPacific CanadaReiterated RatingBuy$13.50View Rating Details
3/19/2015MLV & Co.Reiterated RatingBuy$10.00View Rating Details
2/17/2015DNB MarketsUpgradeHold -> Buy$9.10View Rating Details
10/7/2014GMP SecuritiesInitiated CoverageBuy$11.00View Rating Details
9/18/2014Clarkson CapitalInitiated CoverageBuyView Rating Details
(Data available from 8/28/2014 forward)

Earnings

Earnings History for Tsakos Energy Navigation (NYSE:TNP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/9/2016        
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$114.30 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)
Current Year EPS Consensus Estimate: $0.98 EPS
Next Year EPS Consensus Estimate: $1.35 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.39$0.41$0.40
Q2 20162$0.13$0.33$0.23
Q3 20162$0.19$0.31$0.25
Q4 20162$0.35$0.85$0.60
Q1 20171$0.32$0.32$0.32
Q2 20171$0.40$0.40$0.40
Q3 20171$0.40$0.40$0.40
Q4 20171$0.43$0.43$0.43
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Tsakos Energy Navigation (NYSE:TNP)
Annual Dividend:$0.32
Dividend Yield:6.52%
Payout Ratio:20.92% (Based on Trailing 12 Months of Earnings)
32.65% (Based on Current Year Consensus EPS Estimate)
23.70% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:-21.70% (3 Year Average)

Dividend History for Tsakos Energy Navigation (NYSE:TNP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Latest Headlines for Tsakos Energy Navigation (NYSE:TNP)
DateHeadline
benzinga.com logoMorgan Stanley Says Tsakos Energy May Be Only Attractive Tanker Amid Downturn - Benzinga (NYSE:TNP)
www.benzinga.com - August 27 at 6:54 PM
News IconNew Broker Ratings For Tsakos Energy Navigation Ltd | Hellenic ... - Hellenic Shipping News Worldwide (NYSE:TNP)
www.hellenicshippingnews.com - August 25 at 8:05 PM
News IconNew Broker Ratings For Tsakos Energy Navigation Ltd (NYSE:TNP)
www.hellenicshippingnews.com - August 25 at 9:48 AM
seekingalpha.com logoTsakos Energy: A View From The Perspective Of A Preferred Investor: An Update (NYSE:TNP)
seekingalpha.com - August 23 at 12:22 PM
4-traders.com logoTsakos Energy Navigation Limited : Declares Dividend on Its 8.75% Series D Cumulative Perpetual Preferred Shares (NYSE:TNP)
www.4-traders.com - August 23 at 12:22 PM
finance.yahoo.com logoTEN, Ltd Announces Delivery and Long Term Charter of Panamax Product Tanker "Sunray" (NYSE:TNP)
finance.yahoo.com - August 23 at 12:22 PM
finance.yahoo.com logo9:02 am Tsakos Energy announces the delivery of the 74,200 dwt Panamax product tanker in South Korea which will immediately enter a 54-78 month profit sharing contract to an oil major, could generate min gross rev of ~$40.5 mln (NYSE:TNP)
finance.yahoo.com - August 23 at 12:22 PM
capitalcube.com logoETF’s with exposure to Tsakos Energy Navigation Ltd. : August 22, 2016 (NYSE:TNP)
www.capitalcube.com - August 22 at 7:44 PM
realistinvestor.com logoAnalysts See Tsakos Energy Navigation Ltd (NYSE:TNP) Reporting EPS Of $0.37 - RealistInvestor.com (NYSE:TNP)
www.realistinvestor.com - August 21 at 6:51 PM
News IconFrontline Trades in Focus- United Continental (NYSE:UAL), Tsakos Energy Navigation (NYSE:TNP), Kinross Gold ... - Seneca Globe (NYSE:TNP)
www.senecaglobe.com - August 19 at 10:46 AM
capitalcube.com logoTsakos Energy Navigation Ltd. breached its 50 day moving average in a Bullish Manner : TNP-US : August 19, 2016 (NYSE:TNP)
www.capitalcube.com - August 19 at 10:46 AM
marketwired.com logoTsakos Energy Navigation Limited Declares Dividend on Its 8.75% Series D Cumulative Perpetual Preferred Shares - Marketwired (press release) (NYSE:TNP)
www.marketwired.com - August 18 at 8:03 PM
finance.yahoo.com logoTsakos Energy Navigation Limited Declares Dividend on Its 8.75% Series D Cumulative Perpetual Preferred Shares (NYSE:TNP)
finance.yahoo.com - August 18 at 8:03 PM
News IconTEN Delivers Aframax Tanker (NYSE:TNP)
www.marinelink.com - August 16 at 7:54 PM
realistinvestor.com logoAnalysts Set $9.071 Price Target For Tsakos Energy Navigation Ltd ... - RealistInvestor.com (NYSE:TNP)
www.realistinvestor.com - August 16 at 11:10 AM
publicnow.com logoTsakos Energy Navigation ("TEN Ltd") Announces Delivery and Long Term Charter of Aframax Tanker "Thomas Zafiras" (NYSE:TNP)
www.publicnow.com - August 15 at 8:12 PM
tradecalls.org logoTsakos Energy Navigation Ltd (TNP) Shares are Down -3.32% - Trade Calls (NYSE:TNP)
www.tradecalls.org - August 8 at 8:05 PM
prnewswire.com logoHow These Shipping Stocks Faring? -- Teekay Offshore Partners, Euronav, Tsakos Energy Navigation, and Navios Maritime Acquisition (NYSE:TNP)
www.prnewswire.com - August 5 at 8:03 PM
prnewswire.com logoHow These Shipping Stocks Faring? -- Teekay Offshore Partners, Euronav, Tsakos Energy Navigation, and Navios ... - PR Newswire (press release) (NYSE:TNP)
www.prnewswire.com - August 5 at 10:54 AM
marketrealist.com logoWeek 30: VLCC Rates Plunge below $20,000 (NYSE:TNP)
marketrealist.com - August 4 at 11:02 AM
News IconStock to Track: Tsakos Energy Navigation Limited (NYSE:TNP) - News Oracle (NYSE:TNP)
www.newsoracle.com - August 3 at 11:08 AM
finanznachrichten.de logoTSAKOS ENERGY NAVIGATION LTD (NYSE:TNP)
www.finanznachrichten.de - August 1 at 7:37 PM
publicnow.com logoTsakos Energy Navigation Limited Announces Date of Second Quarter 2016 Financial Results and Provides an Update on its Expansion Program (NYSE:TNP)
www.publicnow.com - August 1 at 7:37 PM
nasdaq.com logoTsakos Energy Navigation Ltd (TNP) Ex-Dividend Date Scheduled for August 01, 2016 - Nasdaq (NYSE:TNP)
www.nasdaq.com - July 29 at 8:07 PM
ftsenews.co.uk logoTsakos Energy Navigation Ltd (NYSE:TNP) Updated Price Targets - FTSE News (NYSE:TNP)
www.ftsenews.co.uk - July 26 at 8:20 PM
tradecalls.org logoTsakos Energy Navigation Ltd (TNP) Shares are Up 3.48% - Trade Calls (NYSE:TNP)
www.tradecalls.org - July 26 at 8:20 PM
nasdaq.com logoCash Dividend On The Way From Tsakos Energy Navigation Series B Cumulative Redeemable Perpetual (NYSE:TNP)
www.nasdaq.com - July 25 at 8:02 PM
capitalcube.com logoETF’s with exposure to Tsakos Energy Navigation Ltd. : July 22, 2016 (NYSE:TNP)
www.capitalcube.com - July 22 at 3:26 PM
News IconTsakos Energy Navigation Ltd (NYSE:TNP): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:TNP)
www.engelwooddaily.com - July 22 at 10:47 AM
nasdaq.com logoTsakos Energy Navigation Series C Cumulative Redeemable Perpetual About To Put More Money In Your Pocket - Nasdaq (NYSE:TNP)
www.nasdaq.com - July 22 at 10:47 AM
News IconUpcoming Earnings Report: Tsakos Energy Navigation Limited (NYSE:TNP) - The Voice Registrar (NYSE:TNP)
voiceregistrar.com - July 22 at 10:47 AM
News IconEarnings Focus and Crowd Sourced Sentiment Review for Tsakos Energy Navigation Ltd (NYSE:TNP) - TGP (NYSE:TNP)
telanaganapress.com - July 20 at 8:53 PM
News IconSell-side Value Play with Decent Upside: Tsakos Energy Navigation Limited (NYSE:TNP) - TGP (NYSE:TNP)
telanaganapress.com - July 20 at 8:53 PM
News IconStock Focus: Following Analyst Expectations on Shares of Tsakos Energy Navigation Ltd (NYSE:TNP) - TGP (NYSE:TNP)
telanaganapress.com - July 19 at 8:02 PM
News IconEquity Roundup: Stock Performance Focus on Tsakos Energy Navigation Ltd (NYSE:TNP) - Press Telegraph (NYSE:TNP)
presstelegraph.com - July 19 at 8:02 PM
seekingalpha.com logoTop 13 Reasons To Invest In This Safe Preferred Stock - Yield 9% (NYSE:TNP)
seekingalpha.com - July 19 at 8:50 AM
News IconAnalyst Target and Average Rating Watch: Tsakos Energy Navigation Ltd (NYSE:TNP) - Press Telegraph (NYSE:TNP)
presstelegraph.com - July 18 at 9:35 AM
fiscalstandard.com logoNext Weeks Broker Price Targets For Tsakos Energy Navigation Ltd (NYSE:TNP) - Fiscal Standard (NYSE:TNP)
www.fiscalstandard.com - July 18 at 9:35 AM
News IconHow Many Tsakos Energy Navigation Ltd. (NYSE:TNP)'s Analysts Are Bullish? - Consumer Eagle (NYSE:TNP)
www.consumereagle.com - July 16 at 10:59 AM
News IconTsakos Energy Navigation extends stock repurchase programme (NYSE:TNP)
www.lngindustry.com - July 15 at 6:49 PM
News IconEarnings Check and Company Target Review for Tsakos Energy Navigation Ltd (NYSE:TNP) - Press Telegraph (NYSE:TNP)
presstelegraph.com - July 15 at 1:07 PM
News IconTsakos Energy Navigation Ltd (NYSE:TNP) Earnings Concentration and Analyst Target Watch - Engelwood Daily (NYSE:TNP)
www.engelwooddaily.com - July 14 at 8:05 PM
News IconStocks With Active Momentum: General Motors (NYSE:GM), Tsakos Energy Navigation (NYSE:TNP) - Seneca Globe (NYSE:TNP)
www.senecaglobe.com - July 14 at 8:05 PM
news.cmlviz.com logoTsakos Energy Navigation Limited Realized Volatility Hits Extreme Level - CML News (NYSE:TNP)
news.cmlviz.com - July 14 at 8:05 PM
publicnow.com logoTsakos Energy Navigation Extends Share Repurchase Program (NYSE:TNP)
www.publicnow.com - July 14 at 9:28 AM
4-traders.com logoTsakos Energy Navigation : Limited Declares Dividend on its 8.00% Series B and 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares (NYSE:TNP)
www.4-traders.com - July 13 at 10:44 AM
publicnow.com logoTsakos Energy Navigation Limited Declares Dividend on its 8.00% Series B and 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares (NYSE:TNP)
www.publicnow.com - July 13 at 9:48 AM
News IconTsakos Energy Navigation Ltd (NYSE:TNP) Wall Street Analyst Recommendation Outlook - Telanagana Press (NYSE:TNP)
telanaganapress.com - July 11 at 7:44 PM
fiscalstandard.com logoBroker Outlook For Tsakos Energy Navigation Ltd (NYSE:TNP) - Fiscal Standard (NYSE:TNP)
www.fiscalstandard.com - July 10 at 6:57 PM
News IconInvestor Update: Dividend Stock With Strong Upside: Tsakos Energy Navigation Limited (NYSE:TNP) - Telanagana Press (NYSE:TNP)
telanaganapress.com - July 6 at 9:31 AM

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Tsakos Energy Navigation (NYSE:TNP) Chart for Sunday, August, 28, 2016


Last Updated on 8/28/2016 by MarketBeat.com Staff