Tenaris Stock Forecast, Price & News

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last year. There are currently 2 sell ratings, 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Tenaris stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TS, but not buy additional shares or sell existing shares.
View analyst ratings for Tenaris or view top-rated stocks.

Wall Street analysts have given Tenaris a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Tenaris wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Tenaris saw a increase in short interest in August. As of August 13th, there was short interest totaling 7,430,000 shares, an increase of 37.8% from the July 29th total of 5,390,000 shares. Based on an average daily volume of 1,840,000 shares, the short-interest ratio is presently 4.0 days. Currently, 1.3% of the shares of the company are short sold.
View Tenaris' Short Interest.

Tenaris is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for Tenaris.

Tenaris S.A. (NYSE:TS) announced its quarterly earnings results on Wednesday, August, 4th. The industrial products company reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.20 by $0.30. The industrial products company earned $1.53 billion during the quarter, compared to analyst estimates of $1.39 billion. Tenaris had a net margin of 9.76% and a trailing twelve-month return on equity of 4.13%.
View Tenaris' earnings history.

Tenaris' stock was trading at $12.19 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TS stock has increased by 68.6% and is now trading at $20.55.
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Tenaris declared a semi-annual dividend on Monday, May 24th. Shareholders of record on Friday, January 1st will be given a dividend of $0.28 per share on Wednesday, May 26th. The ex-dividend date of this dividend is Monday, May 24th. This is a positive change from Tenaris's previous semi-annual dividend of $0.14.
View Tenaris' dividend history.

Tenaris pays an annual dividend of $0.56 per share and currently has a dividend yield of 2.67%. The dividend payout ratio of Tenaris is 266.67%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Tenaris will have a dividend payout ratio of 37.58% next year. This indicates that Tenaris will be able to sustain or increase its dividend.
View Tenaris' dividend history.

Tenaris updated its second quarter earnings guidance on Wednesday, August, 4th. The company provided earnings per share (EPS) guidance of $0.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.12. The company issued revenue guidance of $1.53 billion, compared to the consensus revenue estimate of $1.36 billion.

12 brokers have issued 1 year price targets for Tenaris' shares. Their forecasts range from $14.50 to $28.00. On average, they anticipate Tenaris' share price to reach $22.57 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
View analysts' price targets for Tenaris or view top-rated stocks among Wall Street analysts.

460 employees have rated Tenaris CEO Paolo Rocca on Glassdoor.com. Paolo Rocca has an approval rating of 91% among Tenaris' employees. This puts Paolo Rocca in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Tenaris include CITIC (CTPCY), ArcelorMittal (MT), Nucor (NUE), POSCO (PKX), Sumitomo (SSUMY), Steel Dynamics (STLD), Ternium (TX), United States Steel (X), Aperam (APEMY), Grupo Simec (SIM), Commercial Metals (CMC), Usinas Siderúrgicas de Minas Gerais (USNZY), Carpenter Technology (CRS), Mechel PAO (MTL) and TimkenSteel (TMST).
View all of TS's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tenaris investors own include OPKO Health (OPK), Energy Transfer (ET), Steel Dynamics (STLD), Ford Motor (F), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), SunCoke Energy Partners (SXCP) and Alliance Resource Partners (ARLP).

Tenaris trades on the New York Stock Exchange (NYSE) under the ticker symbol "TS."

Tenaris' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Westwood Global Investments LLC (1.41%), Van ECK Associates Corp (1.20%), Renaissance Technologies LLC (1.11%), Price T Rowe Associates Inc. MD (0.95%), Artisan Partners Limited Partnership (0.54%) and Parametric Portfolio Associates LLC (0.22%).

TS stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Renaissance Technologies LLC, Point72 Asset Management L.P., Westwood Global Investments LLC, Connor Clark & Lunn Investment Management Ltd., Credit Suisse AG, Dimensional Fund Advisors LP, and Northern Trust Corp.

TS stock was acquired by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, SIR Capital Management L.P., FMR LLC, HITE Hedge Asset Management LLC, Boothbay Fund Management LLC, Morgan Stanley, Morgan Stanley, and OLD Mission Capital LLC.

Shares of TS 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.
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One share of TS stock can currently be purchased for approximately $20.55.

Tenaris has a market capitalization of $12.13 billion and generates $5.15 billion in revenue each year. The industrial products company earns $-634,420,000.00 in net income (profit) each year or $0.21 on an earnings per share basis.

Tenaris employs 19,028 workers across the globe.

Tenaris was founded in 2002.

The official website for Tenaris is www.tenaris.com.

Tenaris is headquartered at 26 BOULEVARD ROYAL 4TH FLOOR, LUXEMBOURG N4, L-2449.

Tenaris' mailing address is 26 BOULEVARD ROYAL 4TH FLOOR, LUXEMBOURG N4, L-2449. The industrial products company can be reached via phone at (522) 647-8978 or via email at [email protected]