NYSE:TSTenaris Stock Price, Forecast & News

Tenaris' stock was trading at $12.19 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, TS shares have increased by 6.2% and is now trading at $12.95. View which stocks have been most impacted by Coronavirus.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last year. There are currently 6 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Tenaris.

Tenaris is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Tenaris.

Tenaris SA (NYSE:TS) issued its quarterly earnings results on Friday, May, 1st. The industrial products company reported $0.16 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.05. The industrial products company had revenue of $1.76 billion for the quarter, compared to the consensus estimate of $1.78 billion. Tenaris had a positive return on equity of 4.98% and a negative net margin of 2.23%. View Tenaris' earnings history.

Tenaris declared a semi-annual dividend on Monday, February 24th. Shareholders of record on Tuesday, May 19th will be given a dividend of $0.26 per share on Wednesday, May 20th. This represents a dividend yield of 2.8%. The ex-dividend date of this dividend is Monday, May 18th. View Tenaris' dividend history.

14 brokerages have issued 12-month target prices for Tenaris' shares. Their forecasts range from $7.00 to $28.00. On average, they anticipate Tenaris' share price to reach $17.19 in the next year. This suggests a possible upside of 32.7% from the stock's current price. View analysts' price targets for Tenaris.

Media headlines about TS stock have trended somewhat positive this week, according to InfoTrie. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Tenaris earned a daily sentiment score of 0.8 on InfoTrie's scale. They also assigned news coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news about Tenaris.

Tenaris saw a increase in short interest during the month of June. As of June 15th, there was short interest totaling 2,590,000 shares, an increase of 50.6% from the May 31st total of 1,720,000 shares. Based on an average trading volume of 2,200,000 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.4% of the company's stock are sold short. View Tenaris' Current Options Chain.

Some companies that are related to Tenaris include SUMITOMO CORP/S (SSUMY), POSCO (PKX), Nucor (NUE), ArcelorMittal (MT), Steel Dynamics (STLD), Ternium (TX), Commercial Metals (CMC), APERAM/SH N Y REGISTRY SH (APEMY), United States Steel (X), Carpenter Technology (CRS), USINAS SIDERURG/S (USNZY), Mechel PAO (MTL), SunCoke Energy (SXC), Timkensteel (TMST) and Titan International (TWI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tenaris investors own include Opko Health (OPK), Energy Transfer LP Unit (ET), Steel Dynamics (STLD), Ford Motor (F), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Fiat Chrysler Automobiles (FCAU), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER) and Abbott Laboratories (ABT).

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

Shares of TS 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 TS stock can currently be purchased for approximately $12.95.

Tenaris has a market capitalization of $7.64 billion and generates $7.29 billion in revenue each year. The industrial products company earns $742.69 million in net income (profit) each year or $1.26 on an earnings per share basis. Tenaris employs 23,472 workers across the globe.

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

Tenaris' mailing address is 26 BOULEVARD ROYAL 4TH FLOOR, LUXEMBOURG N4, L-2449. The industrial products company can be reached via phone at 352-2647-8978 or via email at [email protected]