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 year. 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 analysts have issued 1-year price objectives for Tsakos Energy Navigation's stock. Their TNP share price forecasts range from $18.00 to $26.00. On average, they anticipate the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 25.8% from the stock's current price.
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Tsakos Energy Navigation's stock was trading at $16.93 at the beginning of the year. Since then, TNP stock has decreased by 1.4% and is now trading at $16.69.
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Tsakos Energy Navigation saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 121,500 shares, an increase of 44.5% from the December 15th total of 84,100 shares. Based on an average daily volume of 392,400 shares, the short-interest ratio is currently 0.3 days. Currently, 0.6% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 13th 2023.
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Tsakos Energy Navigation Limited (NYSE:TNP) posted its quarterly earnings results on Tuesday, November, 22nd. The shipping company reported $1.48 earnings per share for the quarter, missing the consensus estimate of $2.16 by $0.68. The shipping company had revenue of $170.93 million for the quarter, compared to analyst estimates of $186.87 million. Tsakos Energy Navigation had a net margin of 0.16% and a trailing twelve-month return on equity of 13.27%.

Tsakos Energy Navigation announced a semi-annual dividend on Tuesday, November 22nd. Shareholders of record on Wednesday, December 14th will be given a dividend of $0.15 per share on Tuesday, December 20th. This represents a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, December 13th. This is a boost from the stock's previous semi-annual dividend of $0.10.
Read our dividend analysis for TNP.

Tsakos Energy Navigation (NYSE:TNP) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.79%.
Read our dividend analysis for TNP.

Tsakos Energy Navigation's stock reverse split before market open 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 market closes 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 Vestmark Advisory Solutions Inc. (0.06%).

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 $16.69.

Tsakos Energy Navigation (NYSE:TNP) has a market capitalization of $303.69 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 ($2.38) 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.