NYSE:TNPTSAKOS ENERGY N/SH Stock Price, Forecast & News

$2.67

-0.09 (-3.26 %)

(As of 06/1/2020 04:00 PM ET)

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Today's Range

$2.67

Now: $2.67▼

$2.79

50-Day Range

$2.44

MA: $2.92▼

$4.18

52-Week Range

$1.70

Now: $2.67▼

$4.77

Volume726,800 shs

Average Volume947,975 shs

Market Capitalization$253.86 million

P/E RatioN/A

Dividend Yield1.87%

Beta0.72

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.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for TSAKOS ENERGY N/SH.

2.9 Community Rank

Outperform Votes
TSAKOS ENERGY N/SH has received 409 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
TSAKOS ENERGY N/SH has received 300 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
TSAKOS ENERGY N/SH has received 57.69% “outperform” votes from our community.

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.

2.5 Dividend Strength

Dividend Leadership
TSAKOS ENERGY N/SH is a leading dividend payer. It pays a dividend yield of 1.87%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
TSAKOS ENERGY N/SH does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, TSAKOS ENERGY N/SH will have a dividend payout ratio of 5.49 % next year. This indicates that TSAKOS ENERGY N/SH will be able to sustain or increase its dividend.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TSAKOS ENERGY N/SH insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of TSAKOS ENERGY N/SH is held by insiders.
Percentage Held by Institutions
Only 30.12% of the stock of TSAKOS ENERGY N/SH is held by institutions.

0.6 Earnings and Valuation

Earnings Growth
Earnings for TSAKOS ENERGY N/SH are expected to decrease by -50.54% in the coming year, from $1.84 to $0.91 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TSAKOS ENERGY N/SH is -8.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of TSAKOS ENERGY N/SH is -8.61, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
TSAKOS ENERGY N/SH has a P/B Ratio of 0.17. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.21 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Deep sea foreign transportation of freight

Sub-IndustryN/A

SectorTransportation

Current SymbolNYSE:TNP

Previous Symbol

CUSIPN/A

CIK1166663

Webwww.tenn.gr

Phone30 210 94 07 710

Debt

Debt-to-Equity Ratio0.89

Current Ratio1.12

Quick Ratio1.08

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio1.45

P/E GrowthN/A

Sales & Book Value

Annual Sales$597.45 million

Price / Sales0.42

Cash Flow$1.96 per share

Price / Cash Flow1.36

Book Value$15.29 per share

Price / Book0.17

Profitability

EPS (Most Recent Fiscal Year)($0.01)

Net Income$15.13 million

Net Margins2.53%

Return on Equity2.94%

Return on Assets1.35%

Miscellaneous

EmployeesN/A

Outstanding Shares95,079,000

Market Cap$253.86 million

Next Earnings Date6/4/2020 (Estimated)

OptionableOptionable

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

How has TSAKOS ENERGY N/SH's stock been impacted by COVID-19 (Coronavirus)?

TSAKOS ENERGY N/SH's stock was trading at $2.57 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TNP stock has increased by 3.9% and is now trading at $2.67. View which stocks have been most impacted by Coronavirus.

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

TSAKOS ENERGY N/SH is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for TSAKOS ENERGY N/SH.

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

TSAKOS ENERGY N/SH (NYSE:TNP) posted its quarterly earnings data on Tuesday, March, 24th. The shipping company reported $0.34 EPS for the quarter, missing the consensus estimate of $0.37 by $0.03. The shipping company earned $146.47 million during the quarter, compared to analysts' expectations of $157.16 million. TSAKOS ENERGY N/SH had a net margin of 2.53% and a return on equity of 2.94%. View TSAKOS ENERGY N/SH's earnings history.

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 dividend on Tuesday, November 26th. Stockholders of record on Thursday, December 12th will be paid a dividend of $0.05 per share on Wednesday, December 18th. The ex-dividend date is Wednesday, December 11th. View TSAKOS ENERGY N/SH's dividend history.

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

Media stories about TNP stock have trended extremely negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. TSAKOS ENERGY N/SH earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned headlines about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news aboutTSAKOS ENERGY N/SH.

Are investors shorting TSAKOS ENERGY N/SH?

TSAKOS ENERGY N/SH saw a increase in short interest in May. As of May 15th, there was short interest totaling 500,800 shares, an increase of 51.4% from the April 30th total of 330,700 shares. Based on an average trading volume of 1,110,000 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.8% of the company's stock are sold short. View TSAKOS ENERGY N/SH's Current Options Chain.

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

Some companies that are related to TSAKOS ENERGY N/SH include DHT (DHT), Torm (TRMD), COSTAMARE INC/SH (CMRE), Seacor (CKH), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Teekay (TK), Genco Shipping & Trading (GNK), Ardmore Shipping (ASC), Overseas Shipholding Group (OSG), Capital Product Partners (CPLP) and Eagle Bulk Shipping (EGLE). View all competitors.

What other stocks do shareholders of TSAKOS ENERGY N/SH own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TSAKOS ENERGY N/SH investors own include Teekay Tankers (TNK), DHT (DHT), Energy Transfer LP Unit (ET), Scorpio Tankers (STNG), AT&T (T), Capital Product Partners (CPLP), Frontline (FRO), Enterprise Products Partners (EPD), Gilead Sciences (GILD) and Teekay Lng Partners (TGP).

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

TSAKOS ENERGY N/SH's management team includes the following people:

Mr. Nikolas P. Tsakos, Founder, CEO, Pres & Exec. Director (Age 56)
Mr. Michael Gordon Jolliffe, Co-Founder & Vice Chairman (Age 69)
Mr. Paul Durham, CFO & Chief Accounting Officer (Age 68)
Mr. George V. Saroglou, COO & Exec. Director (Age 54)
Harrys Kosmatos, Corp. Devel. Officer

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."

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

TSAKOS ENERGY N/SH's stock is owned by many different institutional and retail investors. Top institutional shareholders include Kopernik Global Investors LLC (3.87%), Russell Investments Group Ltd. (2.88%), Acadian Asset Management LLC (1.25%), Parametric Portfolio Associates LLC (0.46%), WealthTrust Axiom LLC (0.47%) and Camarda Financial Advisors LLC (0.43%).

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 Kopernik Global Investors LLC, Two Sigma Investments LP, Morgan Stanley, Parametric Portfolio Associates LLC, WealthTrust Axiom LLC, Engineers Gate Manager LP, Camarda Financial Advisors LLC, and Eidelman Virant Capital.

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

TNP stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., AJO LP, Wells Fargo & Company MN, Russell Investments Group Ltd., Squarepoint Ops LLC, Systematic Financial Management LP, Two Sigma Advisers LP, and Acadian Asset Management 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, Robinhood, 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 $2.67.

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

TSAKOS ENERGY N/SH has a market capitalization of $253.86 million and generates $597.45 million in revenue each year. The shipping company earns $15.13 million in net income (profit) each year or ($0.01) on an earnings per share basis.

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

The official website for TSAKOS ENERGY N/SH is 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]

This page was last updated on 6/1/2020 by MarketBeat.com Staff