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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TNP stock has decreased by 21.4% and is now trading at $10.10. 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) posted its earnings results on Thursday, June, 11th. The shipping company reported $0.60 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.05 by $1.45. The shipping company had revenue of $146.19 million for the quarter, compared to the consensus estimate 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 declared a quarterly dividend on Friday, June 12th. Stockholders 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 yield of 14.85%. The ex-dividend date of this dividend is Friday, June 19th. This is a boost from TSAKOS ENERGY N/SH's previous quarterly dividend of $0.05. View TSAKOS ENERGY N/SH's dividend history.

TSAKOS ENERGY N/SH's stock reverse split before market open 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 brokerages have issued 12 month 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 share price to reach $12.50 in the next twelve months. This suggests a possible upside of 23.8% from the stock's current price. View analysts' price targets for TSAKOS ENERGY N/SH.

News stories about TNP stock have trended negative on Friday, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TSAKOS ENERGY N/SH earned a news sentiment score of -2.8 on InfoTrie's scale. They also gave media coverage about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about TSAKOS ENERGY N/SH.

TSAKOS ENERGY N/SH saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 951,000 shares, an increase of 49.9% from the May 31st total of 634,500 shares. Based on an average daily trading volume, of 1,300,000 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.5% of the shares of the company are short sold. View TSAKOS ENERGY N/SH's Current Options Chain.

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

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 $10.10.

TSAKOS ENERGY N/SH has a market capitalization of $192.10 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]