Tsakos Energy Navigation - TNP Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tsakos Energy Navigation in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TNP shares.
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2 Wall Street analysts have issued 12-month price objectives for Tsakos Energy Navigation's stock. Their TNP share price forecasts range from $18.00 to $25.00. On average, they predict the company's stock price to reach $21.50 in the next year. This suggests a possible upside of 30.4% from the stock's current price.
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Tsakos Energy Navigation's stock was trading at $7.24 at the start of the year. Since then, TNP shares have increased by 127.8% and is now trading at $16.49.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 15th 2022.
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Tsakos Energy Navigation Limited (NYSE:TNP) posted its quarterly earnings data on Wednesday, September, 14th. The shipping company reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.53 by $0.22. The shipping company earned $153.96 million during the quarter, compared to analysts' expectations of $163.51 million. Tsakos Energy Navigation had a positive trailing twelve-month return on equity of 0.88% and a negative net margin of 11.80%. During the same quarter in the previous year, the company earned ($1.18) EPS.

Tsakos Energy Navigation declared a quarterly dividend on Thursday, June 30th. Shareholders 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 2.43%. The ex-dividend date is Wednesday, July 13th.
Read our dividend analysis for TNP.

Tsakos Energy Navigation (NYSE:TNP) pays an annual dividend of $0.20 per share and currently has a dividend yield of 1.21%.
Read our dividend analysis for TNP.

Shares of Tsakos Energy Navigation 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 closing bell on Tuesday, June 30th 2020. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

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).

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

Tsakos Energy Navigation's stock is owned by a variety of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (1.84%), Foundation Resource Management Inc. (1.69%), Millennium Management LLC (1.30%), Renaissance Technologies LLC (1.11%), Citadel Advisors LLC (0.00%) and Credit Suisse AG (0.38%).

Shares of TNP stock 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.
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One share of TNP stock can currently be purchased for approximately $16.49.

Tsakos Energy Navigation (NYSE:TNP) has a market capitalization of $300.05 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 ($5.58) on an earnings per share basis.

The company employs 1,500 workers across the globe.

Tsakos Energy Navigation's mailing address is 367 SYNGROU AVENUE, ATHENS J3, 17564. The official website for the company 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.