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NYSE:TNP

TSAKOS ENERGY N/SH Stock Forecast, Price & News

$8.36
+0.14 (+1.70 %)
(As of 10/23/2020 12:00 AM ET)
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Today's Range
$8.22
Now: $8.36
$8.60
50-Day Range
$7.25
MA: $8.17
$9.15
52-Week Range
$7.06
Now: $8.36
$23.85
Volume105,108 shs
Average Volume111,683 shs
Market Capitalization$157.00 million
P/E Ratio10.86
Dividend Yield7.94%
Beta0.63
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: 3.3Community Rank: 2.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.36 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
EmployeesN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$597.45 million
Cash Flow$10.45 per share
Book Value$76.45 per share

Profitability

Net Income$15.13 million

Miscellaneous

Market Cap$157.00 million
Next Earnings Date11/24/2020 (Estimated)
OptionableOptionable
$8.36
+0.14 (+1.70 %)
(As of 10/23/2020 12:00 AM 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 Coronavirus (COVID-19)?

TSAKOS ENERGY N/SH's stock was trading at $12.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TNP stock has decreased by 34.9% and is now trading at $8.36.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of TSAKOS ENERGY N/SH?

2 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 and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."
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 Tuesday, November 24th 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) posted its earnings results on Wednesday, September, 23rd. The shipping company reported $2.02 EPS for the quarter, missing the consensus estimate of $2.11 by $0.09. The shipping company earned $155.36 million during the quarter, compared to analysts' expectations of $178.69 million. TSAKOS ENERGY N/SH had a net margin of 8.33% and a return on equity of 8.98%.
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 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 dividend on an annualized basis and a yield of 17.94%. The ex-dividend date 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
.

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

TSAKOS ENERGY N/SH's stock 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.

What price target have analysts set for TNP?

2 brokerages have issued 1-year target prices for TSAKOS ENERGY N/SH's stock. Their forecasts range from $10.00 to $11.00. On average, they anticipate TSAKOS ENERGY N/SH's stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 25.6% from the stock's current price.
View analysts' price targets for TSAKOS ENERGY N/SH
.

Are investors shorting TSAKOS ENERGY N/SH?

TSAKOS ENERGY N/SH saw a increase in short interest during the month of September. As of September 30th, there was short interest totaling 692,600 shares, an increase of 14.7% from the September 15th total of 603,700 shares. Based on an average daily volume of 124,700 shares, the short-interest ratio is presently 5.6 days. Approximately 5.4% of the company's stock are short sold.
View TSAKOS ENERGY N/SH's Short Interest
.

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), 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).

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 Foundation Resource Management Inc. (0.50%), WealthTrust Axiom LLC (0.39%), Evermore Global Advisors LLC (0.18%) and NEXT Financial Group Inc (0.09%).

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 Foundation Resource Management Inc., WealthTrust Axiom LLC, Evermore Global Advisors LLC, and NEXT Financial Group 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 $8.36.

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

TSAKOS ENERGY N/SH has a market capitalization of $157.00 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 10/24/2020 by MarketBeat.com Staff

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