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

TSAKOS ENERGY N/SH's stock was trading at $12.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TNP shares have decreased by 25.6% and is now trading at $9.56. View which stocks have been most impacted by Coronavirus.

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.

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.

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

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 dividend on an annualized basis and a yield of 15.69%. 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.

Shares of TSAKOS ENERGY N/SH 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.

1 Wall Street analysts have issued 1 year price objectives for TSAKOS ENERGY N/SH's shares. Their forecasts range from $12.50 to $12.50. On average, they anticipate TSAKOS ENERGY N/SH's share price to reach $12.50 in the next twelve months. This suggests a possible upside of 30.8% from the stock's current price. View analysts' price targets for TSAKOS ENERGY N/SH.

Media headlines about TNP stock have been trending very negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring 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 five, with scores closest to five being the most favorable. TSAKOS ENERGY N/SH earned a coverage optimism score of -3.2 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about TSAKOS ENERGY N/SH.

TSAKOS ENERGY N/SH saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 841,500 shares, a decrease of 11.5% from the June 15th total of 951,000 shares. Based on an average trading volume of 1,340,000 shares, the days-to-cover ratio is currently 0.6 days. Currently, 1.3% of the company's stock are short sold. View TSAKOS ENERGY N/SH's Current Options Chain.

Some companies that are related to TSAKOS ENERGY N/SH include PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), COSTAMARE INC/SH (CMRE), Seacor (CKH), Torm (TRMD), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Genco Shipping & Trading (GNK), Teekay (TK), Overseas Shipholding Group (OSG), Eagle Bulk Shipping (EGLE), Scorpio Bulkers (SALT), Capital Product Partners (CPLP) 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), 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).

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 retail and institutional investors. Top institutional investors include Foundation Resource Management Inc. (2.49%) and Eidelman Virant Capital (0.42%).

TNP stock was sold by a variety of institutional investors in the last quarter, including Eidelman Virant Capital, and Foundation Resource Management 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 $9.56.

TSAKOS ENERGY N/SH has a market capitalization of $181.79 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]