NYSE:TNP - TSAKOS ENERGY N/SH Stock Price, News, & Analysis

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$3.40 -0.06 (-1.73 %)
(As of 02/19/2019 01:19 AM ET)
Previous Close$3.46
Today's Range$3.31 - $3.45
52-Week Range$2.56 - $3.99
Volume85,835 shs
Average Volume107,001 shs
Market Capitalization$288.62 million
P/E Ratio14.17
Dividend Yield5.78%
Beta1.41
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 20, 2018, it operated a fleet of 64 double-hull vessels, including 59 conventional tankers, 2 liquefied natural gas carriers, and 3 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 founded in 1993 and is based in Athens, Greece.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone30 210 94 07 710

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$529.18 million
Cash Flow$1.9318 per share
Book Value$17.63 per share

Profitability

Net Income$7.61 million

Miscellaneous

EmployeesN/A
Market Cap$288.62 million
OptionableOptionable

TSAKOS ENERGY N/SH (NYSE:TNP) Frequently Asked Questions

What is TSAKOS ENERGY N/SH's stock symbol?

TSAKOS ENERGY N/SH trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNP."

How often does TSAKOS ENERGY N/SH pay dividends? What is the dividend yield for TSAKOS ENERGY N/SH?

TSAKOS ENERGY N/SH declared a quarterly dividend on Friday, September 7th. Stockholders of record on Friday, November 30th will be paid a dividend of $0.05 per share on Thursday, December 6th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date of this dividend is Thursday, November 29th. View TSAKOS ENERGY N/SH's Dividend History.

How were TSAKOS ENERGY N/SH's earnings last quarter?

TSAKOS ENERGY N/SH (NYSE:TNP) issued its quarterly earnings results on Friday, November, 30th. The shipping company reported ($0.28) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.19) by $0.09. The shipping company earned $92.60 million during the quarter, compared to the consensus estimate of $99.89 million. TSAKOS ENERGY N/SH had a negative net margin of 9.04% and a negative return on equity of 2.18%. View TSAKOS ENERGY N/SH's Earnings History.

When is TSAKOS ENERGY N/SH's next earnings date?

TSAKOS ENERGY N/SH is scheduled to release their next quarterly earnings announcement on Monday, March 11th 2019. View Earnings Estimates for TSAKOS ENERGY N/SH.

What price target have analysts set for TNP?

5 Wall Street analysts have issued 1 year price targets for TSAKOS ENERGY N/SH's shares. Their forecasts range from $3.00 to $6.00. On average, they expect TSAKOS ENERGY N/SH's share price to reach $4.50 in the next twelve months. This suggests a possible upside of 32.4% from the stock's current price. View Analyst Price Targets for TSAKOS ENERGY N/SH.

What is the consensus analysts' recommendation for TSAKOS ENERGY N/SH?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TSAKOS ENERGY N/SH in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TSAKOS ENERGY N/SH.

What are Wall Street analysts saying about TSAKOS ENERGY N/SH stock?

Here are some recent quotes from research analysts about TSAKOS ENERGY N/SH stock:
  • 1. Maxim Group analysts commented, "Ahead of 3Q18 results, we are lowering our estimates as the tanker sector was unable to pull away from the lack of cargoes and oversupply of vessels." (11/19/2018)
  • 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. " (8/22/2018)

Has TSAKOS ENERGY N/SH been receiving favorable news coverage?

News headlines about TNP stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TSAKOS ENERGY N/SH earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the company's share price in the immediate future.

Who are some of TSAKOS ENERGY N/SH's key competitors?

Who are TSAKOS ENERGY N/SH's key executives?

TSAKOS ENERGY N/SH's management team includes the folowing people:
  • Mr. Nikolas P. Tsakos, Founder, CEO, Pres & Exec. Director (Age 56)
  • Mr. Michael Gordon Jolliffe, Co-Founder & Vice Chairman (Age 69)
  • Captain Panagiotis Tsakos, Owner
  • Mr. Paul Durham, CFO & Chief Accounting Officer (Age 68)
  • Mr. George V. Saroglou, COO, VP & Exec. Director (Age 54)

Who are TSAKOS ENERGY N/SH's major shareholders?

TSAKOS ENERGY N/SH's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Mirae Asset Global Investments Co. Ltd. (1.29%), Camarda Financial Advisors LLC (0.71%), Foundation Resource Management Inc. (0.61%), California Public Employees Retirement System (0.55%), WealthTrust Axiom LLC (0.50%) and Stifel Financial Corp (0.36%).

Which institutional investors are selling TSAKOS ENERGY N/SH stock?

TNP stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, LSV Asset Management, Mirae Asset Global Investments Co. Ltd., Stifel Financial Corp, Foundation Resource Management Inc. and Stephens Inc. AR.

Which institutional investors are buying TSAKOS ENERGY N/SH stock?

TNP stock was acquired by a variety of institutional investors in the last quarter, including Camarda Financial Advisors LLC, WealthTrust Axiom LLC, Virtu Financial LLC, California Public Employees Retirement System and Wealthsource Partners LLC.

How do I buy shares of TSAKOS ENERGY N/SH?

Shares of TNP 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.

What is TSAKOS ENERGY N/SH's stock price today?

One share of TNP stock can currently be purchased for approximately $3.40.

How big of a company is TSAKOS ENERGY N/SH?

TSAKOS ENERGY N/SH has a market capitalization of $288.62 million and generates $529.18 million in revenue each year. The shipping company earns $7.61 million in net income (profit) each year or $0.24 on an earnings per share basis.

What is TSAKOS ENERGY N/SH's official website?

The official website for TSAKOS ENERGY N/SH is http://www.tenn.gr.

How can I contact TSAKOS ENERGY N/SH?

TSAKOS ENERGY N/SH'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]


MarketBeat Community Rating for TSAKOS ENERGY N/SH (NYSE TNP)

Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  342 (Vote Outperform)
Underperform Votes:  208 (Vote Underperform)
Total Votes:  550
MarketBeat's community ratings are surveys of what our community members think about TSAKOS ENERGY N/SH and other stocks. Vote "Outperform" if you believe TNP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TNP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/19/2019 by MarketBeat.com Staff

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