Tsakos Energy Navigation Ltd Company Profile (NYSE:TNP)

About Tsakos Energy Navigation Ltd (NYSE:TNP)

Tsakos Energy Navigation Ltd logoTsakos Energy Navigation Ltd is a provider of international seaborne crude oil and petroleum product transportation services. The Company operates through maritime transportation of liquid energy related products segment. It operates a fleet of approximately 57 modern crude oil and petroleum product tankers that provide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters. Its fleet also includes a liquefied natural gas (LNG) carrier and over two shuttle suezmax tankers with dynamic positioning technology (DP2). This fleet diversity includes a range of sister ships. The Company's fleet consists of 65 double-hull vessels totaling 7.2 million deadweight tonnage. Its diversified fleet, which includes VLCC, suezmax, aframax, panamax, handysize, handymax tankers, LNG carrier and DP2 shuttle tankers, allows it to serve its customers' international petroleum product and crude oil transportation needs.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Deep Sea Freight
  • Sub-Industry: N/A
  • Symbol: NYSE:TNP
  • CUSIP: N/A
  • Web: www.tenn.gr
  • Market Cap: $406.61 million
  • Outstanding Shares: 84,371,000
Average Prices:
  • 50 Day Moving Avg: $4.55
  • 200 Day Moving Avg: $4.62
  • 52 Week Range: $3.92 - $5.28
  • Trailing P/E Ratio: 24.31
  • Foreward P/E Ratio: 5.45
  • P/E Growth: 2.54
Sales & Book Value:
  • Annual Revenue: $510.27 million
  • Price / Sales: 0.77
  • Book Value: $17.86 per share
  • Price / Book: 0.26
  • Annual Dividend: $0.20
  • Dividend Yield: 4.2%
  • EBITDA: $201.85 million
  • Net Margins: 6.86%
  • Return on Equity: 2.39%
  • Return on Assets: 1.04%
  • Debt-to-Equity Ratio: 1.02%
  • Current Ratio: 1.03%
  • Quick Ratio: 0.99%
  • Average Volume: 278,045 shs.
  • Beta: 1.7
  • Short Ratio: 2.93

Frequently Asked Questions for Tsakos Energy Navigation Ltd (NYSE:TNP)

What is Tsakos Energy Navigation Ltd's stock symbol?

Tsakos Energy Navigation Ltd trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNP."

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

Tsakos Energy Navigation Ltd declared a quarterly dividend on Friday, September 15th. Investors of record on Thursday, November 9th will be given a dividend of $0.05 per share on Wednesday, November 15th. This represents a $0.20 dividend on an annualized basis and a yield of 4.32%. The ex-dividend date of this dividend is Wednesday, November 8th. View Tsakos Energy Navigation Ltd's Dividend History.

How were Tsakos Energy Navigation Ltd's earnings last quarter?

Tsakos Energy Navigation Ltd (NYSE:TNP) announced its quarterly earnings data on Friday, September, 15th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by $0.08. The company earned $104.06 million during the quarter, compared to analysts' expectations of $108.51 million. Tsakos Energy Navigation Ltd had a return on equity of 2.39% and a net margin of 6.86%. View Tsakos Energy Navigation Ltd's Earnings History.

When will Tsakos Energy Navigation Ltd make its next earnings announcement?

Tsakos Energy Navigation Ltd is scheduled to release their next quarterly earnings announcement on Tuesday, December, 5th 2017. View Earnings Estimates for Tsakos Energy Navigation Ltd.

Where is Tsakos Energy Navigation Ltd's stock going? Where will Tsakos Energy Navigation Ltd's stock price be in 2017?

8 analysts have issued twelve-month price targets for Tsakos Energy Navigation Ltd's shares. Their forecasts range from $3.00 to $7.50. On average, they expect Tsakos Energy Navigation Ltd's share price to reach $5.57 in the next twelve months. View Analyst Ratings for Tsakos Energy Navigation Ltd.

Are investors shorting Tsakos Energy Navigation Ltd?

Tsakos Energy Navigation Ltd saw a decline in short interest in September. As of September 15th, there was short interest totalling 1,196,542 shares, a decline of 30.4% from the August 31st total of 1,719,641 shares. Based on an average daily trading volume, of 280,271 shares, the short-interest ratio is presently 4.3 days. Currently, 2.1% of the shares of the stock are short sold.

Who are some of Tsakos Energy Navigation Ltd's key competitors?

Who are Tsakos Energy Navigation Ltd's key executives?

Tsakos Energy Navigation Ltd's management team includes the folowing people:

  • Takis Arapoglou, Independent Chairman of the Board
  • Nikolas P. Tsakos, President, Chief Executive Officer, Executive Director
  • Paul Durham, Chief Financial Officer, Chief Accounting Officer
  • George V. Saroglou, Chief Operating Officer, Vice President, Executive Director
  • Vladimir Jadro, Chief Marine Officer
  • Michael Gordon Jolliffe, Non-Executive Deputy Chairman of the Board
  • Efthimios E. Mitropoulos, Independent Director
  • Peter C. Nicholson CBE, Independent Director
  • Francis T. Nusspickel, Independent Director
  • Richard L. Paniguian CBE, Independent Director

How do I buy Tsakos Energy Navigation Ltd stock?

Shares of Tsakos Energy Navigation Ltd can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Tsakos Energy Navigation Ltd's stock price today?

One share of Tsakos Energy Navigation Ltd stock can currently be purchased for approximately $4.63.

MarketBeat Community Rating for Tsakos Energy Navigation Ltd (NYSE TNP)
Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  237 (Vote Outperform)
Underperform Votes:  135 (Vote Underperform)
Total Votes:  372
MarketBeat's community ratings are surveys of what our community members think about Tsakos Energy Navigation Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Tsakos Energy Navigation Ltd (NYSE:TNP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings, 6 Buy Ratings
Consensus Rating:Buy (Score: 2.75)
Consensus Price Target: $5.57 (20.33% upside)
Consensus Price Target History for Tsakos Energy Navigation Ltd (NYSE:TNP)
Price Target History for Tsakos Energy Navigation Ltd (NYSE:TNP)
Analysts' Ratings History for Tsakos Energy Navigation Ltd (NYSE:TNP)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/16/2017Jefferies Group LLCReiterated RatingBuy$6.00N/AView Rating Details
9/18/2017Maxim GroupReiterated RatingBuy$6.00MediumView Rating Details
9/18/2017Morgan StanleyLower Price TargetOverweight$6.00 -> $5.50LowView Rating Details
9/15/2017Cowen and CompanyLower Price TargetBuy$7.00 -> $6.00LowView Rating Details
8/2/2017Wells Fargo & CompanyDowngradeOutperform -> Market Perform$3.00MediumView Rating Details
3/17/2017Credit Suisse GroupReiterated RatingHold$5.00LowView Rating Details
1/10/2017Clarkson CapitalReiterated RatingBuyN/AView Rating Details
11/30/2016J P Morgan Chase & CoLower Price TargetOverweight$8.00 -> $7.50N/AView Rating Details
5/4/2016Seaport Global SecuritiesReiterated RatingBuy$10.00N/AView Rating Details
(Data available from 10/24/2015 forward)


Earnings History for Tsakos Energy Navigation Ltd (NYSE:TNP)
Earnings by Quarter for Tsakos Energy Navigation Ltd (NYSE:TNP)
Earnings History by Quarter for Tsakos Energy Navigation Ltd (NYSE TNP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/29/2017N/AView Earnings Details
9/15/20176/30/2017$0.05($0.03)$108.51 million$104.06 millionViewN/AView Earnings Details
5/12/20173/31/2017$0.12$0.16$113.51 million$108.16 millionViewN/AView Earnings Details
9/9/2016Q216$0.15$0.15$104.82 million$94.83 millionViewN/AView Earnings Details
5/31/2016Q116$0.24$0.25$111.56 million$99.60 millionViewListenView Earnings Details
3/15/2016Q415$0.38$0.41$119.81 million$143.10 millionViewListenView Earnings Details
11/6/2015Q315$0.38$0.40$117.83 million$109.90 millionViewN/AView Earnings Details
7/31/2015Q215$0.42$0.45$117.79 million$154.02 millionViewListenView Earnings Details
5/22/2015Q414$0.36$0.42$111.56 million$114.32 millionViewListenView Earnings Details
3/19/2015Q4$0.16$0.23$99.59 million$99.50 millionViewN/AView Earnings Details
11/21/2014Q314$0.04$0.04$87.10 million$120.90 millionViewN/AView Earnings Details
8/4/2014Q214($0.02)($0.02)$75.10 million$112.40 millionViewN/AView Earnings Details
5/16/2014Q114$0.10$0.06$87.87 million$91.30 millionViewN/AView Earnings Details
3/17/2014Q413($0.09)($0.66)$74.86 million$105.03 millionViewN/AView Earnings Details
11/20/2013Q3($0.06)($0.04)$74.42 million$73.80 millionViewListenView Earnings Details
8/2/2013Q2 2013($0.03)($0.04)$73.84 million$108.10 millionViewN/AView Earnings Details
5/24/2013Q1 2013($0.08)$0.02$67.73 million$97.69 millionViewN/AView Earnings Details
4/19/2013Q4 2012($0.19)($0.43)$65.86 million$100.30 millionViewN/AView Earnings Details
11/21/2012-0.18($0.18)$92.40 millionViewN/AView Earnings Details
8/3/2012($0.16)($0.10)ViewN/AView Earnings Details
3/16/2012($0.42)($0.37)ViewN/AView Earnings Details
11/18/2011($0.41)($0.52)ViewN/AView Earnings Details
7/28/2011($0.20)($0.19)ViewN/AView Earnings Details
5/11/2011$0.04$0.20ViewN/AView Earnings Details
3/14/2011($0.22)$0.01ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Tsakos Energy Navigation Ltd (NYSE:TNP)
2017 EPS Consensus Estimate: $0.30
2018 EPS Consensus Estimate: $0.96
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.09$0.16$0.13
Q2 20172$0.02$0.02$0.02
Q3 20172($0.02)$0.04$0.01
Q4 20172$0.13$0.15$0.14
Q1 20181$0.24$0.24$0.24
Q2 20181$0.24$0.24$0.24
Q3 20181$0.23$0.23$0.23
Q4 20181$0.25$0.25$0.25
(Data provided by Zacks Investment Research)


Current Dividend Information for Tsakos Energy Navigation Ltd (NYSE:TNP)
Next Dividend:11/15/2017
Annual Dividend:$0.20
Dividend Yield:4.32%
Dividend Growth:24.60% (3 Year Average)
Payout Ratio:95.24% (Trailing 12 Months of Earnings)
76.92% (Based on This Year's Estimates)
23.53% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Tsakos Energy Navigation Ltd (NYSE:TNP)

Dividend History by Quarter for Tsakos Energy Navigation Ltd (NYSE TNP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Tsakos Energy Navigation Ltd (NYSE:TNP)
No insider trades for this company have been tracked by MarketBeat.com


Headline Trends for Tsakos Energy Navigation Ltd (NYSE:TNP)
Latest Headlines for Tsakos Energy Navigation Ltd (NYSE:TNP)
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Tsakos Energy Navigation Ltd (TNP) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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