NYSE:TNP Tsakos Energy Navigation - TNP Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Tsakos Energy Navigation Limited Please log in to your account or sign up in order to add this asset to your watchlist. $19.30 +0.25 (+1.31%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$18.50▼$19.6150-Day Range$16.54▼$24.5152-Week Range$8.01▼$24.78Volume476,596 shsAverage Volume562,327 shsMarket Capitalization$351.26 millionP/E Ratio3.30Dividend Yield1.55%Price Target$22.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Tsakos Energy Navigation MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside15.7% Upside$22.33 Price TargetShort InterestHealthy0.77% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-0.13Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth3.94%From $9.89 to $10.28 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.46 out of 5 starsTransportation Sector45th out of 124 stocksDeep Sea Foreign Transportation Of Freight Industry14th out of 30 stocks 2.5 Analyst's Opinion Consensus RatingTsakos Energy Navigation has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.33, Tsakos Energy Navigation has a forecasted upside of 15.7% from its current price of $19.30.Amount of Analyst CoverageTsakos Energy Navigation has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.77% of the float of Tsakos Energy Navigation has been sold short.Short Interest Ratio / Days to CoverTsakos Energy Navigation has a short interest ratio ("days to cover") of 0.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tsakos Energy Navigation has recently decreased by 9.19%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldTsakos Energy Navigation pays a meaningful dividend of 1.50%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTsakos Energy Navigation has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Tsakos Energy Navigation is 5.14%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Tsakos Energy Navigation will have a dividend payout ratio of 2.92% next year. This indicates that Tsakos Energy Navigation will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TNP. Previous Next 2.1 News and Social Media Coverage News SentimentTsakos Energy Navigation has a news sentiment score of -0.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Tsakos Energy Navigation this week, compared to 2 articles on an average week.Search Interest18 people have searched for TNP on MarketBeat in the last 30 days. This is an increase of 350% compared to the previous 30 days.MarketBeat Follows7 people have added Tsakos Energy Navigation to their MarketBeat watchlist in the last 30 days. This is an increase of 133% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tsakos Energy Navigation insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Tsakos Energy Navigation is held by insiders.Percentage Held by InstitutionsOnly 36.87% of the stock of Tsakos Energy Navigation is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Tsakos Energy Navigation are expected to grow by 3.94% in the coming year, from $9.89 to $10.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tsakos Energy Navigation is 3.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.20.Price to Earnings Ratio vs. SectorThe P/E ratio of Tsakos Energy Navigation is 3.30, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 32.81.Price to Book Value per Share RatioTsakos Energy Navigation has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Tsakos Energy Navigation (NYSE:TNP) StockTsakos Energy Navigation Ltd is one of the world’s longest-running and largest independent operators of maritime energy transportation services. The company owns and operates a best-in-class fleet of versatile energy transportation vessels that include ice-class, shuttle tankers, and LNG-capable shipping as well. The company’s management team is able to leverage more than 50 years of company experience. Tsakos Energy Navigation Ltd was incorporated in 1993 as MIF Limited. The company IPOd in 201 and later changed its name in 2011 to better represent itself to the world. It has been a leader in energy transportation the entire time and has generated more than $1 billion in profits for shareholders. As of October 2022, the company had paid more than $450 million in dividends in over 42 consecutive payments. The company’s average yield since IPO is over 5.2%. Tsakos Energy Navigation Ltd. provides maritime transportation services for national, major, and independent energy companies under a variety of contract conditions. The company reported a fleet of 70 double-hull energy transportation vessels in mid-2022. The fleet included 60 conventional tankers ranging from Handysize through Panamax, Aframax, and Suez Max conventional oil tankers, and several Suez-Max DP2 shuttle tankers. The DP2 shuttle tankers are instrumental in transporting energy through the Suez canal. The company also listed 2 VLCCs or Very Large Crude Carriers (the 2nd largest tankers on the high seas) and 2 LNG-capable ships, and 2 ships under construction. Tsakos Energy Navigation is incorporated in Bermuda but operates out of Athens, Greece. The company’s strategy is to maintain its industry-leading status while providing sustainable growth and stability across energy cycles. The two pillars of the strategy are employee and fleet quality. The company actively invests in its talent pool to position itself for long-term success while also investing in ship maintenance and renewals. The average age of a Tsakos Energy Navigation tanker was about 7.5 years in Q4 2022 compared to roughly 10 years for the industry average. Oil tankers get about 30 years of use on average, so the company well-positioned to outlast its competition. Read More Receive TNP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tsakos Energy Navigation and its competitors with MarketBeat's FREE daily newsletter. Email Address TNP Stock News HeadlinesMarch 9, 2023 | marketbeat.comOil Tankers In Buy Range After Breaking Out Of Bases (TNP)Several oil tanker stocks are in buy range, or close to it, as the war in Ukraine and high crude prices are contributing to high earnings for tanker companies.March 26, 2023 | americanbankingnews.comTsakos Energy Navigation (NYSE:TNP) Upgraded to Buy at StockNews.comMarch 26, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 22, 2023 | americanbankingnews.comTsakos Energy Navigation Limited Expected to Post FY2023 Earnings of $9.89 Per Share (NYSE:TNP)March 22, 2023 | americanbankingnews.comJefferies Financial Group Analysts Decrease Earnings Estimates for Tsakos Energy Navigation Limited (NYSE:TNP)March 18, 2023 | finance.yahoo.comTsakos Energy Navigation Limited (NYSE:TNP) Q4 2022 Earnings Call TranscriptMarch 16, 2023 | finanznachrichten.deTsakos Energy Navigation: TEN Ltd. Reports Record Profits for Fourth Quarter and Year-End 2022 and Declares Annual Dividend of $0.60 Per Common ShareMarch 16, 2023 | msn.comTsakos Energy Navigation GAAP EPS of $3.17, revenue of $270.26MMarch 26, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 16, 2023 | msn.comTsakos Energy Navigation declares $0.60 annual dividendMarch 16, 2023 | finance.yahoo.comTEN Ltd. Reports Record Profits for Fourth Quarter and Year-End 2022 and Declares Annual Dividend of $0.60 Per Common ShareMarch 16, 2023 | americanbankingnews.comTsakos Energy Navigation (NYSE:TNP) Earns Hold Rating from Analysts at StockNews.comMarch 15, 2023 | msn.comTsakos Energy Navigation's Earnings: A PreviewMarch 6, 2023 | finance.yahoo.comTEN, Ltd. Announces Date of Fourth Quarter and Year end 2022 Financial Results, Conference Call and WebcastMarch 2, 2023 | finance.yahoo.comTsakos Energy Navigation (NYSE:TNP) Is Looking To Continue Growing Its Returns On CapitalFebruary 9, 2023 | finance.yahoo.comTsakos Energy Navigation Limited's (NYSE:TNP) top owners are individual investors with 45% stake, while 27% is held by private companiesJanuary 24, 2023 | finance.yahoo.comTEN Ltd. Tight Demand-Supply Balance to Drive Tanker Sector Highlights from the Capital Link Presentation SeriesJanuary 20, 2023 | finance.yahoo.comA Tsakos Energy Navigation Limited (NYSE:TNP) insider increased their holdings by 13% last yearJanuary 10, 2023 | finance.yahoo.comTEN, Ltd. to Participate at Capital Link’s Corporate Presentation SeriesDecember 30, 2022 | finance.yahoo.comThose who invested in Tsakos Energy Navigation (NYSE:TNP) a year ago are up 137%December 23, 2022 | finance.yahoo.comTsakos Energy Navigation Limited (NYSE:TNP) Q3 2022 Earnings Call TranscriptDecember 19, 2022 | finance.yahoo.comTEN Ltd. Announces the Release of its Inaugural Environmental, Social and Governance ReportDecember 9, 2022 | finance.yahoo.comCalculating The Fair Value Of Tsakos Energy Navigation Limited (NYSE:TNP)December 1, 2022 | finance.yahoo.com3 Stocks to Watch That Recently Announced Dividend HikesNovember 23, 2022 | finance.yahoo.comTsakos Energy Navigation Third Quarter 2022 Earnings: EPS: US$1.79 (vs US$1.72 loss in 3Q 2021)November 22, 2022 | finance.yahoo.comTEN Ltd Reports Strong Results for the Third Quarter and Nine Months Ended September 30, 2022November 22, 2022 | finance.yahoo.comTsakos Energy (TNP) Q3 Earnings and Revenues Miss EstimatesSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TNP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tsakos Energy Navigation and its competitors with MarketBeat's FREE daily newsletter. Email Address TNP Company Calendar Last Earnings12/16/2021Today3/26/2023Next Earnings (Estimated)6/29/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:TNP CUSIPN/A CIK1166663 Webwww.tenn.gr Phone302109407710Fax30 210 94 07 716Employees1,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$22.33 High Stock Price Forecast$30.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+15.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$5.84 Trailing P/E Ratio3.30 Forward P/E Ratio1.95 P/E GrowthN/ANet Income$204.23 million Net Margins23.74% Pretax Margin0.60% Return on Equity44.97% Return on Assets20.00% Debt Debt-to-Equity Ratio0.94 Current Ratio0.90 Quick Ratio0.81 Sales & Book Value Annual Sales$860.40 million Price / Sales0.41 Cash Flow$4.64 per share Price / Cash Flow4.16 Book Value$70.14 per share Price / Book0.28Miscellaneous Outstanding Shares18,200,000Free Float18,014,000Market Cap$351.26 million OptionableOptionable Beta0.13 Key ExecutivesNikolas Panagiotis TsakosPresident, CEO & Executive DirectorGeorge V. SaroglouChief Operating Officer, Director & Vice PresidentPaul DurhamChief Financial & Accounting OfficerMichael Gordon JolliffeVice Chairman & Joint Managing DirectorHarrys KosmatosCorporate Development OfficerKey CompetitorsDiana ShippingNYSE:DSXEnetiNYSE:NETIOverseas Shipholding GroupNYSE:OSGSafe BulkersNYSE:SBPangaea Logistics SolutionsNASDAQ:PANLView All CompetitorsInstitutional OwnershipState of WyomingBought 11,771 shares on 2/16/2023Ownership: 0.073%Altshuler Shaham LtdBought 1,000 shares on 2/16/2023Ownership: 0.022%Jane Street Group LLCBought 15,400 shares on 2/15/2023Ownership: 0.000%Boothbay Fund Management LLCBought 12,145 shares on 2/15/2023Ownership: 0.067%Squarepoint Ops LLCBought 11,140 shares on 2/15/2023Ownership: 0.061%View All Institutional Transactions TNP Stock - Frequently Asked Questions Should I buy or sell Tsakos Energy Navigation stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tsakos Energy Navigation in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TNP shares. View TNP analyst ratings or view top-rated stocks. What is Tsakos Energy Navigation's stock price forecast for 2023? 2 brokers have issued 1 year target prices for Tsakos Energy Navigation's stock. Their TNP share price forecasts range from $18.00 to $30.00. On average, they anticipate the company's share price to reach $22.33 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price. View analysts price targets for TNP or view top-rated stocks among Wall Street analysts. How have TNP shares performed in 2023? Tsakos Energy Navigation's stock was trading at $16.93 on January 1st, 2023. Since then, TNP shares have increased by 14.0% and is now trading at $19.30. View the best growth stocks for 2023 here. Are investors shorting Tsakos Energy Navigation? Tsakos Energy Navigation saw a increase in short interest during the month of February. As of February 15th, there was short interest totaling 178,500 shares, an increase of 34.6% from the January 31st total of 132,600 shares. Based on an average daily volume of 395,000 shares, the short-interest ratio is currently 0.5 days. Currently, 0.9% of the shares of the company are sold short. View Tsakos Energy Navigation's Short Interest. When is Tsakos Energy Navigation's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, June 29th 2023. View our TNP earnings forecast. How were Tsakos Energy Navigation's earnings last quarter? Tsakos Energy Navigation Limited (NYSE:TNP) released its earnings results on Thursday, December, 16th. The shipping company reported ($1.72) earnings per share for the quarter, missing the consensus estimate of ($1.21) by $0.51. The shipping company had revenue of $77.45 million for the quarter, compared to analyst estimates of $84.34 million. Tsakos Energy Navigation had a trailing twelve-month return on equity of 44.97% and a net margin of 23.74%. During the same period in the previous year, the firm earned ($0.55) earnings per share. How often does Tsakos Energy Navigation pay dividends? What is the dividend yield for Tsakos Energy Navigation? Tsakos Energy Navigation declared a semi-annual dividend on Tuesday, November 22nd. Investors of record on Wednesday, December 14th will be paid a dividend of $0.15 per share on Tuesday, December 20th. This represents a yield of 1.7%. The ex-dividend date of this dividend is Tuesday, December 13th. This is a positive change from the stock's previous semi-annual dividend of $0.10. Read our dividend analysis for TNP. What ETFs hold Tsakos Energy Navigation's stock? ETFs with the largest weight of Tsakos Energy Navigation (NYSE:TNP) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR), Global X MSCI Greece ETF (GREK), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Invesco RAFI Strategic Emerging Markets ETF (ISEM). Is Tsakos Energy Navigation a good dividend stock? Tsakos Energy Navigation (NYSE:TNP) pays an annual dividend of $0.30 per share and currently has a dividend yield of 1.50%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 5.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TNP will have a dividend payout ratio of 2.92% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TNP. When did Tsakos Energy Navigation's stock split? Tsakos Energy Navigation's stock 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 stock prior to the reverse split would have 20 shares after the split. What other stocks do shareholders of Tsakos Energy Navigation own? Based on aggregate information from My MarketBeat watchlists, some companies that other Tsakos Energy Navigation 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). What is Tsakos Energy Navigation's stock symbol? Tsakos Energy Navigation trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNP." Who are Tsakos Energy Navigation's major shareholders? Tsakos Energy Navigation's stock is owned by a number of institutional and retail investors. Top institutional investors include Millennium Management LLC (5.76%), Two Sigma Investments LP (2.46%), Marshall Wace LLP (2.37%), Arrowstreet Capital Limited Partnership (2.07%), Renaissance Technologies LLC (1.33%) and Dorsey Wright & Associates (0.81%). How do I buy shares of Tsakos Energy Navigation? Shares of TNP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Tsakos Energy Navigation's stock price today? One share of TNP stock can currently be purchased for approximately $19.30. How much money does Tsakos Energy Navigation make? Tsakos Energy Navigation (NYSE:TNP) has a market capitalization of $351.26 million and generates $860.40 million in revenue each year. The shipping company earns $204.23 million in net income (profit) each year or $5.84 on an earnings per share basis. How many employees does Tsakos Energy Navigation have? The company employs 1,500 workers across the globe. How can I contact Tsakos Energy Navigation? Tsakos Energy Navigation's mailing address is 367 SYNGROU AVENUE, ATHENS J3, 17564. The official website for the company is www.tenn.gr. The shipping company can be reached via phone at 302109407710, via email at ten@capitallink.com, or via fax at 30 210 94 07 716. This page (NYSE:TNP) was last updated on 3/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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