50% OFF
MarketBeat All Access
Get 30 days free. Save 50% your first year.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Stop Buying Stocks… Until You Read This (Ad)
Should These 3 Top-Performing Mid-Caps Be On Your Watchlist?
Germany secures more gas shipments as Scholz visits Gulf
Copper More Critical than Lithium? (Ad)
Can Caterpillar Claw Higher in a Falling Market?
Is Dave & Buster’s Immune to High Inflation and Lower Spending?
Stop Buying Stocks… Until You Read This (Ad)
British pound plunges to new low as tax cuts spark concern
Recession clouds gather in Germany, Europe's largest economy
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Stop Buying Stocks… Until You Read This (Ad)
Should These 3 Top-Performing Mid-Caps Be On Your Watchlist?
Germany secures more gas shipments as Scholz visits Gulf
Copper More Critical than Lithium? (Ad)
Can Caterpillar Claw Higher in a Falling Market?
Is Dave & Buster’s Immune to High Inflation and Lower Spending?
Stop Buying Stocks… Until You Read This (Ad)
British pound plunges to new low as tax cuts spark concern
Recession clouds gather in Germany, Europe's largest economy
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Stop Buying Stocks… Until You Read This (Ad)
Should These 3 Top-Performing Mid-Caps Be On Your Watchlist?
Germany secures more gas shipments as Scholz visits Gulf
Copper More Critical than Lithium? (Ad)
Can Caterpillar Claw Higher in a Falling Market?
Is Dave & Buster’s Immune to High Inflation and Lower Spending?
Stop Buying Stocks… Until You Read This (Ad)
British pound plunges to new low as tax cuts spark concern
Recession clouds gather in Germany, Europe's largest economy
S&P 500   3,693.23
DOW   29,590.41
QQQ   275.51
Get 1TB of Top-Rated Cloud Storage for Life for Just $112
Stop Buying Stocks… Until You Read This (Ad)
Should These 3 Top-Performing Mid-Caps Be On Your Watchlist?
Germany secures more gas shipments as Scholz visits Gulf
Copper More Critical than Lithium? (Ad)
Can Caterpillar Claw Higher in a Falling Market?
Is Dave & Buster’s Immune to High Inflation and Lower Spending?
Stop Buying Stocks… Until You Read This (Ad)
British pound plunges to new low as tax cuts spark concern
Recession clouds gather in Germany, Europe's largest economy
NYSE:TNP

Tsakos Energy Navigation - TNP Stock Forecast, Price & News

$16.49
-1.97 (-10.67%)
(As of 09/23/2022 08:56 PM ET)
Add
Compare
Today's Range
$16.11
$17.93
50-Day Range
$9.88
$18.94
52-Week Range
$6.95
$19.20
Volume
682,100 shs
Average Volume
251,909 shs
Market Capitalization
$300.05 million
P/E Ratio
N/A
Dividend Yield
1.21%
Price Target
$21.50

Tsakos Energy Navigation MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
30.4% Upside
$21.50 Price Target
Short Interest
Healthy
1.72% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.23mentions of Tsakos Energy Navigation in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
32.65%
From $5.36 to $7.11 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.63 out of 5 stars

Transportation Sector

29th out of 125 stocks

Deep Sea Foreign Transportation Of Freight Industry

9th out of 31 stocks

TNP stock logo

About Tsakos Energy Navigation (NYSE:TNP) Stock

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 21, 2022, it operated a fleet of 66 double-hull vessels, comprising of 60 conventional tankers, three 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.

Receive TNP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Tsakos Energy Navigation and its competitors with MarketBeat's FREE daily newsletter.

TNP Stock News Headlines

6TNP : Earnings Outlook For Tsakos Energy Navigation
Tsakos (TNP) Moves 11% Higher: Will This Strength Last?
Buy These 3 Top Breakout Stocks Now for Superb Returns
Best Value Stocks to Buy for August 22nd
Will Tsakos (TNP) Gain on Rising Earnings Estimates?
Best Momentum Stocks to Buy for July 6th
Tsakos Energy Navigation FQ1 2022 Earnings Preview
See More Headlines
Receive TNP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Tsakos Energy Navigation and its competitors with MarketBeat's FREE daily newsletter.

TNP Company Calendar

Ex-Dividend for 7/20 Dividend
7/13/2022
Dividend Payable
7/20/2022
Last Earnings
9/14/2022
Today
9/26/2022
Next Earnings (Estimated)
12/15/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
1,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$21.50
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$18.00
Forecasted Upside/Downside
+30.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-151,400,000.00
Pretax Margin
-27.57%

Debt

Sales & Book Value

Annual Sales
$546.12 million
Cash Flow
$4.79 per share
Book Value
$70.14 per share

Miscellaneous

Free Float
18,014,000
Market Cap
$300.05 million
Optionable
Optionable
Beta
0.08

Key Executives

  • Mr. Nikolas P. Tsakos (Age 59)
    Founder, CEO, Pres & Exec. Director
  • Mr. Michael Gordon Jolliffe (Age 72)
    Co-Founder & Vice Chairman
  • Mr. Paul Durham (Age 71)
    CFO & Chief Accounting Officer
  • Mr. George V. Saroglou (Age 57)
    COO, VP & Exec. Director
  • Harrys Kosmatos
    Corp. Devel. Officer
  • Mr. Vasileios Papageorgiou (Age 75)
    Chief Marine Officer













TNP Stock - Frequently Asked Questions

Should I buy or sell Tsakos Energy Navigation stock right now?

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.
View TNP analyst ratings
or view top-rated stocks.

What is Tsakos Energy Navigation's stock price forecast for 2022?

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.
View analysts price targets for TNP
or view top-rated stocks among Wall Street analysts.

How have TNP shares performed in 2022?

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.
View the best growth stocks for 2022 here
.

When is Tsakos Energy Navigation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 15th 2022.
View our TNP earnings forecast
.

How were Tsakos Energy Navigation's earnings last quarter?

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.

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

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
.

Is Tsakos Energy Navigation a good dividend stock?

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.

When did Tsakos Energy Navigation's stock split?

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.

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 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%).

How do I buy shares of Tsakos Energy Navigation?

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.
Compare Top Brokerages Here.

What is Tsakos Energy Navigation's stock price today?

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

How much money does Tsakos Energy Navigation make?

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.

How many employees does Tsakos Energy Navigation have?

The company employs 1,500 workers across the globe.

How can I contact Tsakos Energy Navigation?

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.

This page (NYSE:TNP) was last updated on 9/26/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.