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NYSE:TNPTSAKOS ENERGY N/SH Stock Price, Forecast & News

$8.80
+0.05 (+0.57 %)
(As of 08/7/2020 04:00 PM ET)
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Today's Range
$8.55
Now: $8.80
$8.86
50-Day Range
$8.62
MA: $9.63
$12.60
52-Week Range
$8.48
Now: $8.80
$23.85
Volume75,831 shs
Average Volume163,661 shs
Market Capitalization$165.26 million
P/E RatioN/A
Dividend Yield7.14%
Beta0.64
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. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navigation Limited was founded in 1993 and is based in Athens, Greece.
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TSAKOS ENERGY N/SH logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.06 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$597.45 million
Cash Flow$9.89 per share
Book Value$76.44 per share

Profitability

Net Income$15.13 million

Miscellaneous

EmployeesN/A
Market Cap$165.26 million
Next Earnings Date9/4/2020 (Estimated)
OptionableOptionable
$8.80
+0.05 (+0.57 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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

How has TSAKOS ENERGY N/SH's stock been impacted by COVID-19 (Coronavirus)?

TSAKOS ENERGY N/SH's stock was trading at $12.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TNP shares have decreased by 31.5% and is now trading at $8.80.
View which stocks have been most impacted by Coronavirus
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Do Wall Street analysts recommend investors buy shares of TSAKOS ENERGY N/SH?

1 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 for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for TSAKOS ENERGY N/SH
.

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

TSAKOS ENERGY N/SH is scheduled to release its next quarterly earnings announcement on Friday, September 4th 2020.
View our earnings forecast for TSAKOS ENERGY N/SH
.

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

TSAKOS ENERGY N/SH (NYSE:TNP) released its quarterly earnings results on Thursday, June, 11th. The shipping company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $2.05 by $1.45. The shipping company earned $146.19 million during the quarter, compared to the consensus estimate of $155.94 million. TSAKOS ENERGY N/SH had a net margin of 3.99% and a return on equity of 5.66%.
View TSAKOS ENERGY N/SH's earnings history
.

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, June 12th. Shareholders 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 annualized dividend and a dividend yield of 17.05%. The ex-dividend date is Friday, June 19th. This is an increase from TSAKOS ENERGY N/SH's previous quarterly dividend of $0.05.
View TSAKOS ENERGY N/SH's dividend history
.

When did TSAKOS ENERGY N/SH's stock split? How did TSAKOS ENERGY N/SH's stock split work?

Shares of TSAKOS ENERGY N/SH reverse split on the morning of 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.

What price target have analysts set for TNP?

1 brokerages have issued 1-year target prices for TSAKOS ENERGY N/SH's stock. Their forecasts range from $12.50 to $12.50. On average, they expect TSAKOS ENERGY N/SH's stock price to reach $12.50 in the next year. This suggests a possible upside of 42.0% from the stock's current price.
View analysts' price targets for TSAKOS ENERGY N/SH
.

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

Media coverage about TNP stock has trended very positive on Saturday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TSAKOS ENERGY N/SH earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future.
View the latest news about TSAKOS ENERGY N/SH
.

Are investors shorting TSAKOS ENERGY N/SH?

TSAKOS ENERGY N/SH saw a decline in short interest during the month of July. As of July 15th, there was short interest totaling 419,400 shares, a decline of 67.5% from the June 30th total of 1,290,000 shares. Based on an average trading volume of 251,300 shares, the short-interest ratio is currently 1.7 days. Approximately 3.3% of the shares of the stock 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other TSAKOS ENERGY N/SH investors own include Teekay Tankers (TNK), DHT (DHT), Energy Transfer LP Unit (ET), Scorpio Tankers (STNG), AT&T (T), Capital Product Partners (CPLP), Frontline (FRO), Enterprise Products Partners (EPD), Gilead Sciences (GILD) and Teekay Lng Partners (TGP).

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

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

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."

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

TSAKOS ENERGY N/SH's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (14.20%), Foundation Resource Management Inc. (2.49%), WealthTrust Axiom LLC (1.83%), Evermore Global Advisors LLC (1.25%), NEXT Financial Group Inc (0.45%) and Eidelman Virant Capital (0.42%).

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 Evermore Global Advisors LLC, WealthTrust Axiom LLC, Russell Investments Group Ltd., Eidelman Virant Capital, and Foundation Resource Management Inc..

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

TNP stock was purchased by a variety of institutional investors in the last quarter, including NEXT Financial Group Inc, and Cambridge Investment Research Advisors Inc..

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 $8.80.

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

TSAKOS ENERGY N/SH has a market capitalization of $165.26 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.

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

The official website for TSAKOS ENERGY N/SH is 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]

This page was last updated on 8/8/2020 by MarketBeat.com Staff

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