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
Capitalization:
  • Market Cap: $405.83 million
  • Outstanding Shares: 84,371,000
Average Prices:
  • 50 Day Moving Avg: $4.53
  • 200 Day Moving Avg: $4.62
  • 52 Week Range: $3.92 - $5.28
P/E:
  • Trailing P/E Ratio: 24.26
  • Foreward P/E Ratio: 5.66
  • P/E Growth: 2.53
Sales & Book Value:
  • Annual Revenue: $510.27 million
  • Price / Sales: 0.80
  • Book Value: $17.86 per share
  • Price / Book: 0.27
Dividend:
  • Annual Dividend: $0.20
  • Dividend Yield: 4.2%
Profitability:
  • EBITDA: $201.85 million
  • Net Margins: 6.86%
  • Return on Equity: 2.39%
  • Return on Assets: 1.04%
Debt:
  • Debt-to-Equity Ratio: 1.02%
  • Current Ratio: 1.03%
  • Quick Ratio: 0.99%
Misc:
  • Average Volume: 289,753 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. Shareholders of record on Thursday, November 9th will be paid a dividend of $0.05 per share on Wednesday, November 15th. This represents a $0.20 annualized dividend and a yield of 4.16%. The ex-dividend date 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) released its quarterly earnings data on Friday, September, 15th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.05 by $0.08. The firm earned $104.06 million during the quarter, compared to the consensus estimate 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 equities research analysts have issued 12 month price targets for Tsakos Energy Navigation Ltd's shares. Their forecasts range from $3.00 to $7.50. On average, they anticipate Tsakos Energy Navigation Ltd's stock price to reach $5.57 in the next year. View Analyst Ratings for Tsakos Energy Navigation Ltd.

Are investors shorting Tsakos Energy Navigation Ltd?

Tsakos Energy Navigation Ltd saw a drop in short interest in September. As of September 15th, there was short interest totalling 1,196,542 shares, a drop 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 days-to-cover ratio is presently 4.3 days. Currently, 2.1% of the shares of the company 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 $4.81.


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 (15.83% 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)
Show:
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 10/19/2015 forward)

Earnings

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)

Estimates

Earnings Estimates for Tsakos Energy Navigation Ltd (NYSE:TNP)
2017 EPS Consensus Estimate: $0.32
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$0.15$0.18$0.17
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)

Dividends

Current Dividend Information for Tsakos Energy Navigation Ltd (NYSE:TNP)
Next Dividend:11/15/2017
Annual Dividend:$0.20
Dividend Yield:4.16%
Dividend Growth:24.60% (3 Year Average)
Payout Ratio:95.24% (Trailing 12 Months of Earnings)
74.07% (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
9/15/2017Quarterly$0.0511/8/201711/9/201711/15/2017
5/15/2017quarterly$0.054.25%7/7/20177/11/20177/14/2017
3/20/2017Quarterly$0.054.21%4/21/20174/25/20174/28/2017
11/29/2016Quarterly$0.054.45%12/14/201612/16/201612/22/2016
9/12/2016quarterly$0.086.37%11/2/201611/4/201611/10/2016
6/1/2016quarterly$0.085.14%8/1/20168/3/20168/10/2016
2/16/2016Quarterly$0.085.24%3/28/20163/30/20164/7/2016
8/3/2015quarterly$0.062.6%12/7/201512/9/201512/15/2015
5/26/2015quarterly$0.062.47%9/1/20159/3/20159/10/2015
3/20/2015quarterly$0.063.08%5/19/20155/21/20155/28/2015
1/30/2015quarterly$0.063.48%2/10/20152/12/20152/19/2015
8/4/2014quarterly$0.053.12%11/19/201411/21/201411/25/2014
5/16/2014quarterly$0.052.88%8/7/20148/11/20148/14/2014
3/18/2014quarterly$0.052.57%5/15/20145/19/20145/22/2014
11/22/2013quarterly$0.054.21%12/10/201312/12/201312/17/2013
5/24/2013quarterly$0.054.12%9/5/20139/9/20139/12/2013
4/19/2013quarterly$0.055.65%5/28/20135/30/20136/5/2013
(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

Headlines

Headline Trends for Tsakos Energy Navigation Ltd (NYSE:TNP)
Latest Headlines for Tsakos Energy Navigation Ltd (NYSE:TNP)
Source:
DateHeadline
americanbankingnews.com logoTsakos Energy Navigation's (TNP) Buy Rating Reaffirmed at Jefferies Group LLC
www.americanbankingnews.com - October 16 at 5:26 PM
americanbankingnews.com logoReviewing Diana Shipping inc. (DSX) and Tsakos Energy Navigation (TNP)
www.americanbankingnews.com - October 16 at 4:34 PM
finance.yahoo.com logoTEN Ltd. Declares Dividend on its Series B and Series C Cumulative Redeemable Perpetual Preferred Shares
finance.yahoo.com - October 13 at 9:22 AM
americanbankingnews.com logoComparing Tsakos Energy Navigation (TNP) and Its Competitors
www.americanbankingnews.com - October 13 at 12:26 AM
finance.yahoo.com logoTsakos Energy Navigation Ltd. – Value Analysis (NYSE:TNP) : October 11, 2017
finance.yahoo.com - October 11 at 3:59 PM
finance.yahoo.com logoTsakos Energy Navigation Ltd. breached its 50 day moving average in a Bearish Manner : TNP-US : October 10, 2017
finance.yahoo.com - October 11 at 8:41 AM
americanbankingnews.com logoShort Interest in Tsakos Energy Navigation Ltd (TNP) Decreases By 30.4%
www.americanbankingnews.com - October 4 at 3:30 AM
finance.yahoo.com logoSaudi Arabia’s Export Cut Weighs Heavily on Crude Tankers
finance.yahoo.com - October 3 at 1:42 PM
americanbankingnews.com logoTsakos Energy Navigation Ltd (TNP) Expected to Announce Quarterly Sales of $105.94 Million
www.americanbankingnews.com - October 2 at 1:06 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd (TNP) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - September 27 at 7:14 PM
finance.yahoo.com logoHighlights of Tsakos Energy Navigation’s 2Q17 Results
finance.yahoo.com - September 23 at 10:07 AM
finance.yahoo.com logoMaxim Group Revised Tsakos Energy Navigation’s Target Price
finance.yahoo.com - September 23 at 10:07 AM
finance.yahoo.com logoAnalyzing Tsakos Energy Navigation’s Fleet after 2Q17
finance.yahoo.com - September 23 at 10:07 AM
americanbankingnews.com logoContrasting Tsakos Energy Navigation (TNP) and Its Peers
www.americanbankingnews.com - September 20 at 2:22 PM
americanbankingnews.com logoTsakos Energy Navigation's (TNP) "Buy" Rating Reaffirmed at Maxim Group
www.americanbankingnews.com - September 19 at 2:32 PM
americanbankingnews.com logoMorgan Stanley Trims Tsakos Energy Navigation Ltd (TNP) Target Price to $5.50
www.americanbankingnews.com - September 18 at 10:56 AM
seekingalpha.com logoTsakos Energy Navigation Limited 2017 Q2 - Results - Earnings Call Slides
seekingalpha.com - September 16 at 9:43 AM
finance.yahoo.com logoEdited Transcript of TNP earnings conference call or presentation 15-Sep-17 2:00pm GMT
finance.yahoo.com - September 16 at 9:43 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd (TNP) Price Target Lowered to $6.00 at Cowen and Company
www.americanbankingnews.com - September 15 at 4:52 PM
americanbankingnews.com logoTsakos Energy Navigation Ltd (TNP) Announces Earnings Results, Misses Estimates By $0.08 EPS
www.americanbankingnews.com - September 15 at 12:46 PM
finance.yahoo.com logoWhere Will Tsakos Energy’s Earnings Stand in 2Q17?
finance.yahoo.com - September 15 at 10:05 AM
finance.yahoo.com logoChina’s August Trade Data Impacted the Crude Tanker Industry
finance.yahoo.com - September 15 at 10:04 AM
finance.yahoo.com logoTEN Ltd. Reports Six Months and Second Quarter 2017 Profits and Declares New Dividend of $0.05 Per Share
finance.yahoo.com - September 15 at 10:04 AM
finance.yahoo.com logoTsakos misses Street 2Q forecasts
finance.yahoo.com - September 15 at 10:04 AM
nasdaq.com logoGREK, UTLF: Big ETF Outflows
www.nasdaq.com - September 14 at 11:27 AM
finance.yahoo.com logoGauging Tsakos Energy’s Estimated Revenue Fall for 2Q17
finance.yahoo.com - September 14 at 11:27 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd (TNP) Expected to Announce Quarterly Sales of $108.51 Million
www.americanbankingnews.com - September 14 at 9:16 AM
americanbankingnews.com logoTsakos Energy Navigation (TNP) and Scorpio Bulkers (SALT) Financial Contrast
www.americanbankingnews.com - September 9 at 12:22 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd (TNP) to Release Quarterly Earnings on Friday
www.americanbankingnews.com - September 8 at 1:14 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd (TNP) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - September 2 at 7:16 PM
americanbankingnews.com logoTsakos Energy Navigation (TNP) & Global Ship Lease (GSL) Head to Head Survey
www.americanbankingnews.com - September 1 at 6:24 PM
finance.yahoo.com logoCrude Tanker Index and Stocks Rose in Week 34
finance.yahoo.com - August 31 at 11:06 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd (TNP) Set to Announce Quarterly Earnings on Thursday
www.americanbankingnews.com - August 31 at 1:20 AM
americanbankingnews.com logo$0.05 EPS Expected for Tsakos Energy Navigation Ltd (TNP) This Quarter
www.americanbankingnews.com - August 24 at 4:24 PM
seekingalpha.com logoTsakos Energy Navigation - We're Adding This 7% Yielder To All Our Portfolios - Seeking Alpha
seekingalpha.com - August 24 at 3:08 PM
finance.yahoo.com logoTsakos Energy Navigation Ltd. – Value Analysis (NYSE:TNP) : August 21, 2017
finance.yahoo.com - August 23 at 12:39 PM
finance.yahoo.com logoTsakos Energy Navigation Ltd. : TNP-US: Dividend Analysis : July 11th, 2017 (record date) : By the numbers : August 22, 2017
finance.yahoo.com - August 23 at 12:39 PM
finance.yahoo.com logoTEN, Ltd. Announces Date of First Half and Second Quarter 2017 Financial Results
finance.yahoo.com - August 23 at 12:39 PM
streetinsider.com logoTsakos Energy Navigation (TNP) Charters Two Additional Suezmaxes to Major US Oil Concern
www.streetinsider.com - August 20 at 1:13 PM
streetinsider.com logoTsakos Energy Navigation (TNP) Charters Two Additional ... - StreetInsider.com
www.streetinsider.com - August 19 at 8:20 AM
nasdaq.com logoShould Value Investors Pick Tsakos Energy (TNP) Stock Now? - Nasdaq
www.nasdaq.com - August 19 at 8:20 AM
finance.yahoo.com logoTEN Expands its Strategic Relationship by Chartering Two Additional Suezmaxes to a Major US Oil Concern
finance.yahoo.com - August 19 at 8:20 AM
finance.yahoo.com logoShould Value Investors Pick Tsakos Energy (TNP) Stock Now?
finance.yahoo.com - August 19 at 8:20 AM
finance.yahoo.com logoTEN Ltd. Declares Dividend on its 8.75% Series D and 9.25% Series E Cumulative Perpetual Preferred Shares
finance.yahoo.com - August 10 at 4:47 PM
finance.yahoo.com logoTsakos Energy Navigation Ltd. breached its 50 day moving average in a Bearish Manner : TNP-US : August 10, 2017
finance.yahoo.com - August 10 at 4:46 PM
americanbankingnews.com logoHead-To-Head Survey: Golden Ocean Group Limited (GOGL) vs. Tsakos Energy Navigation (TNP)
www.americanbankingnews.com - August 9 at 7:11 AM
americanbankingnews.com logoEuroseas (ESEA) vs. Tsakos Energy Navigation (TNP) Head-To-Head Comparison
www.americanbankingnews.com - August 9 at 12:10 AM
americanbankingnews.com logoTsakos Energy Navigation Ltd (TNP) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - August 8 at 6:44 PM
americanbankingnews.com logo Brokerages Expect Tsakos Energy Navigation Ltd (NYSE:TNP) Will Post Earnings of $0.05 Per Share
www.americanbankingnews.com - August 6 at 7:54 AM
finance.yahoo.com logoCrude Tanker Index Is 41% Lower This Year
finance.yahoo.com - August 4 at 9:09 AM

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Chart

Tsakos Energy Navigation Ltd (TNP) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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