TSAKOS ENERGY N/SH Stock Forecast, Price & News

TSAKOS ENERGY N/SH's stock was trading at $12.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TNP stock has decreased by 34.9% and is now trading at $8.36.
View which stocks have been most impacted by COVID-19.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TSAKOS ENERGY N/SH in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for TSAKOS ENERGY N/SH.

TSAKOS ENERGY N/SH is scheduled to release its next quarterly earnings announcement on Tuesday, November 24th 2020.
View our earnings forecast for TSAKOS ENERGY N/SH.

TSAKOS ENERGY N/SH (NYSE:TNP) posted its earnings results on Wednesday, September, 23rd. The shipping company reported $2.02 EPS for the quarter, missing the consensus estimate of $2.11 by $0.09. The shipping company earned $155.36 million during the quarter, compared to analysts' expectations of $178.69 million. TSAKOS ENERGY N/SH had a net margin of 8.33% and a return on equity of 8.98%.
View TSAKOS ENERGY N/SH's earnings history.

TSAKOS ENERGY N/SH declared a quarterly dividend on Friday, June 12th. Stockholders of record on Monday, June 22nd will be paid a dividend of $0.375 per share on Friday, June 26th. This represents a $1.50 dividend on an annualized basis and a yield of 17.94%. The ex-dividend date is Friday, June 19th. This is a boost from TSAKOS ENERGY N/SH's previous quarterly dividend of $0.05.
View TSAKOS ENERGY N/SH's dividend history.

TSAKOS ENERGY N/SH'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 TSAKOS ENERGY N/SH stock prior to the reverse split would have 20 shares after the split.

2 brokerages have issued 1-year target prices for TSAKOS ENERGY N/SH's stock. Their forecasts range from $10.00 to $11.00. On average, they anticipate TSAKOS ENERGY N/SH's stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 25.6% from the stock's current price.
View analysts' price targets for TSAKOS ENERGY N/SH.

TSAKOS ENERGY N/SH saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 692,600 shares, an increase of 14.7% from the September 15th total of 603,700 shares. Based on an average daily volume of 124,700 shares, the short-interest ratio is presently 5.6 days. Approximately 5.4% of the company's stock are short sold.
View TSAKOS ENERGY N/SH's Short Interest.

Some companies that are related to TSAKOS ENERGY N/SH include TORM (TRMD), Navigator (NVGS), Dorian LPG (LPG), Genco Shipping & Trading (GNK), Danaos (DAC), Teekay (TK), Eagle Bulk Shipping (EGLE), Overseas Shipholding Group (OSG), Scorpio Bulkers (SALT), Pangaea Logistics Solutions (PANL), Capital Product Partners (CPLP), Global Ship Lease (GSL), Diana Shipping (DSX), Safe Bulkers (SB) and Ardmore Shipping (ASC).
View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other TSAKOS ENERGY N/SH 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 N/SH trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNP."

TSAKOS ENERGY N/SH's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Foundation Resource Management Inc. (0.50%), WealthTrust Axiom LLC (0.39%), Evermore Global Advisors LLC (0.18%) and NEXT Financial Group Inc (0.09%).

TNP stock was sold by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc., WealthTrust Axiom LLC, Evermore Global Advisors LLC, and NEXT Financial Group Inc.

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.

One share of TNP stock can currently be purchased for approximately $8.36.

TSAKOS ENERGY N/SH has a market capitalization of $157.00 million and generates $597.45 million in revenue each year. The shipping company earns $15.13 million in net income (profit) each year or ($0.05) on an earnings per share basis.

The official website for TSAKOS ENERGY N/SH is www.tenn.gr.

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]