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 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TNP shares.
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2 analysts have issued 1-year target prices for Tsakos Energy Navigation's stock. Their TNP share price forecasts range from $12.00 to $18.00. On average, they expect the company's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 6.6% from the stock's current price.
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Tsakos Energy Navigation's stock was trading at $7.24 at the beginning of 2022. Since then, TNP shares have increased by 94.3% and is now trading at $14.07.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, October 6th 2022.
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Tsakos Energy Navigation Limited (NYSE:TNP) released its quarterly earnings results on Thursday, June, 30th. The shipping company reported ($0.12) earnings per share for the quarter, beating analysts' consensus estimates of ($0.21) by $0.09. The shipping company earned $101.50 million during the quarter, compared to the consensus estimate of $117.71 million. Tsakos Energy Navigation had a negative net margin of 25.33% and a negative trailing twelve-month return on equity of 3.72%. During the same quarter last year, the firm earned ($0.80) EPS.

Tsakos Energy Navigation declared a quarterly dividend on Thursday, June 30th. Investors of record on Thursday, July 14th will be paid a dividend of $0.10 per share on Wednesday, July 20th. This represents a $0.40 annualized dividend and a dividend yield of 2.84%. The ex-dividend date is Wednesday, July 13th.
Read our dividend analysis for TNP.

Tsakos Energy Navigation (NYSE:TNP) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.81%.
Read our dividend analysis for TNP.

Tsakos Energy Navigation's stock reverse split on 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 number of retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (1.84%), Foundation Resource Management Inc. (1.69%), Credit Suisse AG (0.38%), Group One Trading L.P. (0.00%), Vontobel Holding Ltd. (0.11%) and Walleye Capital LLC (0.09%).

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 $14.07.

Tsakos Energy Navigation (NYSE:TNP) has a market capitalization of $256.02 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 ($8.38) 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.