NYSE:TNP

Tsakos Energy Navigation Stock Forecast, Price & News

$8.99
0.00 (0.00 %)
(As of 06/11/2021 12:00 AM ET)
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Today's Range
$8.98
$9.18
50-Day Range
$8.89
$10.00
52-Week Range
$7.06
$14.05
Volume131,828 shs
Average Volume129,479 shs
Market Capitalization$163.62 million
P/E RatioN/A
Dividend Yield5.56%
Beta0.5
30 days | 90 days | 365 days | Advanced Chart
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Tsakos Energy Navigation logo

About Tsakos Energy Navigation

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 2, 2021, it operated a fleet of 66 double-hull vessels, comprising of 61 conventional tankers, two 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.

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MarketRank

Overall MarketRank

2.16 out of 5 stars

Transportation Sector

12th out of 249 stocks

Deep Sea Foreign Transportation Of Freight Industry

3rd out of 55 stocks

Analyst Opinion: 3.3Community Rank: 2.9Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
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Tsakos Energy Navigation (NYSE:TNP) Frequently Asked Questions

Is Tsakos Energy Navigation a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tsakos Energy Navigation in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Tsakos Energy Navigation stock.
View analyst ratings for Tsakos Energy Navigation
or view top-rated stocks.

What stocks does MarketBeat like better than Tsakos Energy Navigation?

Wall Street analysts have given Tsakos Energy Navigation a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Tsakos Energy Navigation wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Tsakos Energy Navigation?

Tsakos Energy Navigation saw a decline in short interest in May. As of May 28th, there was short interest totaling 303,500 shares, a decline of 42.2% from the May 13th total of 524,800 shares. Based on an average daily volume of 119,700 shares, the short-interest ratio is presently 2.5 days. Currently, 2.5% of the shares of the company are sold short.
View Tsakos Energy Navigation's Short Interest
.

How were Tsakos Energy Navigation's earnings last quarter?

Tsakos Energy Navigation Limited (NYSE:TNP) issued its quarterly earnings data on Tuesday, March, 23rd. The shipping company reported ($1.27) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.88) by $0.39. The shipping company earned $91.73 million during the quarter, compared to analysts' expectations of $101.31 million. Tsakos Energy Navigation had a trailing twelve-month return on equity of 5.26% and a net margin of 3.73%.
View Tsakos Energy Navigation's earnings history
.

How has Tsakos Energy Navigation's stock been impacted by Coronavirus?

Tsakos Energy Navigation's stock was trading at $12.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TNP stock has decreased by 30.0% and is now trading at $8.99.
View which stocks have been most impacted by COVID-19
.

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

Tsakos Energy Navigation announced a semi-annual dividend on Tuesday, November 24th. Investors of record on Wednesday, December 16th will be paid a dividend of $0.125 per share on Tuesday, December 22nd. This represents a yield of 2.7%. The ex-dividend date is Tuesday, December 15th.
View Tsakos Energy Navigation's dividend history
.

Is Tsakos Energy Navigation a good dividend stock?

Tsakos Energy Navigation pays an annual dividend of $0.50 per share and currently has a dividend yield of 5.56%. TNP has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Tsakos Energy Navigation is 46.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Tsakos Energy Navigation will have a dividend payout ratio of 11.71% next year. This indicates that Tsakos Energy Navigation will be able to sustain or increase its dividend.
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 the morning of 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 market closes 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.

What price target have analysts set for TNP?

3 Wall Street analysts have issued 12 month price targets for Tsakos Energy Navigation's shares. Their forecasts range from $10.00 to $18.00. On average, they expect Tsakos Energy Navigation's stock price to reach $13.33 in the next twelve months. This suggests a possible upside of 48.3% from the stock's current price.
View analysts' price targets for Tsakos Energy Navigation
or view top-rated stocks among Wall Street analysts.

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 58)
  • Mr. Michael Gordon Jolliffe, Co-Founder & Vice Chairman (Age 71)
  • Mr. Paul Durham, CFO & Chief Accounting Officer (Age 70)
  • Mr. George V. Saroglou, COO, VP & Exec. Director (Age 56)
  • Harrys Kosmatos, Corp. Devel. Officer
  • Mr. Vasileios Papageorgiou, Chief Marine Officer (Age 74)

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

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."

Who are Tsakos Energy Navigation's major shareholders?

Tsakos Energy Navigation's stock is owned by many different retail and institutional investors. Top institutional shareholders include Kopernik Global Investors LLC (6.37%), Russell Investments Group Ltd. (3.37%), Acadian Asset Management LLC (2.78%), Renaissance Technologies LLC (1.71%), Mirae Asset Global Investments Co. Ltd. (0.92%) and Arrowstreet Capital Limited Partnership (0.69%).

Which major investors are selling Tsakos Energy Navigation stock?

TNP stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Mirae Asset Global Investments Co. Ltd., Morgan Stanley, and Sei Investments Co..

Which major investors are buying Tsakos Energy Navigation stock?

TNP stock was bought by a variety of institutional investors in the last quarter, including Kopernik Global Investors LLC, Acadian Asset Management LLC, Renaissance Technologies LLC, Stifel Financial Corp, Arrowstreet Capital Limited Partnership, Foundation Resource Management Inc., Cambridge Investment Research Advisors Inc., and WealthTrust Axiom LLC.

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 $8.99.

How much money does Tsakos Energy Navigation make?

Tsakos Energy Navigation has a market capitalization of $163.62 million and generates $644.14 million in revenue each year. The shipping company earns $24 million in net income (profit) each year or $1.08 on an earnings per share basis.

What is Tsakos Energy Navigation's official website?

The official website for Tsakos Energy Navigation is www.tenn.gr.

Where are Tsakos Energy Navigation's headquarters?

Tsakos Energy Navigation is headquartered at 367 SYNGROU AVENUE, ATHENS J3, 17564.

How can I contact Tsakos Energy Navigation?

Tsakos Energy Navigation's mailing address is 367 SYNGROU AVENUE, ATHENS J3, 17564. The shipping company can be reached via phone at 30 210 94 07 710 or via email at [email protected]


This page was last updated on 6/13/2021 by MarketBeat.com Staff
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