NYSE:TNP - TSAKOS ENERGY N/SH Stock Price, News & Analysis

$3.02
-0.08 (-2.58 %)
(As of 09/15/2019 04:00 PM ET)
Today's Range
$3.01
Now: $3.02
$3.1145
50-Day Range
$2.77
MA: $2.97
$3.36
52-Week Range
$2.56
Now: $3.02
$3.73
Volume112,554 shs
Average Volume118,695 shs
Market Capitalization$264.58 million
P/E RatioN/A
Dividend Yield6.45%
Beta1.32
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. Read More…

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone30 210 94 07 710

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$529.88 million
Cash Flow$1.3543 per share
Book Value$17.54 per share

Profitability

Net Income$-99,200,000.00

Miscellaneous

EmployeesN/A
Market Cap$264.58 million
Next Earnings Date11/29/2019 (Estimated)
OptionableOptionable

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

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."

How often does TSAKOS ENERGY N/SH pay dividends? What is the dividend yield for TSAKOS ENERGY N/SH?

TSAKOS ENERGY N/SH announced a quarterly dividend on Friday, March 29th. Shareholders of record on Friday, May 24th will be given a dividend of $0.05 per share on Thursday, May 30th. This represents a $0.20 annualized dividend and a yield of 6.62%. The ex-dividend date is Thursday, May 23rd. View TSAKOS ENERGY N/SH's Dividend History.

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

TSAKOS ENERGY N/SH (NYSE:TNP) posted its quarterly earnings results on Friday, September, 6th. The shipping company reported ($0.14) EPS for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.01. The shipping company had revenue of $108.83 million for the quarter, compared to the consensus estimate of $99.61 million. TSAKOS ENERGY N/SH had a negative return on equity of 0.02% and a negative net margin of 11.59%. View TSAKOS ENERGY N/SH's Earnings History.

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

TSAKOS ENERGY N/SH is scheduled to release their next quarterly earnings announcement on Friday, November 29th 2019. View Earnings Estimates for TSAKOS ENERGY N/SH.

What price target have analysts set for TNP?

5 brokers have issued twelve-month price targets for TSAKOS ENERGY N/SH's shares. Their forecasts range from $3.00 to $4.50. On average, they anticipate TSAKOS ENERGY N/SH's share price to reach $3.8333 in the next year. This suggests a possible upside of 26.9% from the stock's current price. View Analyst Price Targets for TSAKOS ENERGY N/SH.

What is the consensus analysts' recommendation for TSAKOS ENERGY N/SH?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TSAKOS ENERGY N/SH in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TSAKOS ENERGY N/SH.

What are Wall Street analysts saying about TSAKOS ENERGY N/SH stock?

Here are some recent quotes from research analysts about TSAKOS ENERGY N/SH stock:
  • 1. According to Zacks Investment Research, "Tsakos Energy Navigation is a leading provider of international seaborne crude oil and petroleum product transportation services. It was incorporated in 1993 as an exempted company under the laws of Bermuda under the name Maritime Investment Fund Limited. In 1996, Maritime Investment Fund Limited was renamed MIF Limited. Their common shares were listed in 1993 on the Oslo Stock Exchange and the Bermuda Stock Exchange although they delisted from the OSE in March 2005 due to limited trading. The Company's shares are no longer actively traded on the Bermuda exchange. In July 2001, the Company's name was changed to Tsakos Energy Navigation to enhance their brand recognition in the tanker industry, particularly among charterers. " (9/11/2019)
  • 2. Maxim Group analysts commented, "Ahead of 3Q18 results, we are lowering our estimates as the tanker sector was unable to pull away from the lack of cargoes and oversupply of vessels." (11/19/2018)

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

Media headlines about TNP stock have been trending somewhat positive on Sunday, according to InfoTrie. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. TSAKOS ENERGY N/SH earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave media stories about the shipping company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for TSAKOS ENERGY N/SH.

Are investors shorting TSAKOS ENERGY N/SH?

TSAKOS ENERGY N/SH saw a decline in short interest in the month of August. As of August 31st, there was short interest totalling 229,900 shares, a decline of 12.9% from the July 31st total of 263,800 shares. Based on an average daily volume of 174,300 shares, the short-interest ratio is presently 1.3 days. Currently, 0.4% of the company's shares are short sold. View TSAKOS ENERGY N/SH's Current Options Chain.

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

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

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

TSAKOS ENERGY N/SH's management team includes the folowing 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

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

TSAKOS ENERGY N/SH's stock is owned by many different of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (2.98%), Russell Investments Group Ltd. (2.75%), Camarda Financial Advisors LLC (0.70%), Parametric Portfolio Associates LLC (0.66%), Kovitz Investment Group Partners LLC (0.58%) and Foundation Resource Management Inc. (0.55%).

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 Parametric Portfolio Associates LLC, Royal Bank of Canada, Morgan Stanley, Kovitz Investment Group Partners LLC, Camarda Financial Advisors LLC and Russell Investments Group Ltd..

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

TNP stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Acadian Asset Management LLC, Susquehanna International Group LLP, NEXT Financial Group Inc, Marshall Wace LLP, JPMorgan Chase & Co., D. E. Shaw & Co. Inc. and WealthTrust Axiom 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 $3.02.

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

TSAKOS ENERGY N/SH has a market capitalization of $264.58 million and generates $529.88 million in revenue each year. The shipping company earns $-99,200,000.00 in net income (profit) each year or ($0.77) on an earnings per share basis. View Additional Information About TSAKOS ENERGY N/SH.

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

The official website for TSAKOS ENERGY N/SH is http://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]


MarketBeat Community Rating for TSAKOS ENERGY N/SH (NYSE TNP)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  375 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  619
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.
This page was last updated on 9/15/2019 by MarketBeat.com Staff

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