Tenaris Stock Forecast, Price & News

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 shares have increased by 27.4% and is now trading at $15.53.
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14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last year. There are currently 3 sell ratings, 7 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street 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 MarketBeat's top 5 stock picks.

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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.

Tenaris is scheduled to release its next quarterly earnings announcement on Wednesday, February 17th 2021.
View our earnings forecast for Tenaris.

Tenaris S.A. (NYSE:TS) issued its earnings results on Wednesday, November, 4th. The industrial products company reported ($0.06) earnings per share for the quarter, topping analysts' consensus estimates of ($0.16) by $0.10. The industrial products company earned $1.01 billion during the quarter, compared to analyst estimates of $901.74 million. Tenaris had a negative net margin of 10.23% and a positive trailing twelve-month return on equity of 1.44%.
View Tenaris' earnings history.

Tenaris declared a semi-annual dividend on Monday, November 23rd. Shareholders of record on Tuesday, November 24th will be paid a dividend of $0.14 per share on Wednesday, November 25th. The ex-dividend date of this dividend is Monday, November 23rd.
View Tenaris' dividend history.

Tenaris pays an annual dividend of $0.28 per share and currently has a dividend yield of 1.84%. The dividend payout ratio of Tenaris is 22.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Tenaris will have a dividend payout ratio of 155.56% in the coming year. This indicates that Tenaris may not be able to sustain their current dividend.
View Tenaris' dividend history.

14 equities research analysts have issued 1 year price objectives for Tenaris' stock. Their forecasts range from $7.00 to $25.00. On average, they expect Tenaris' stock price to reach $15.02 in the next year. This suggests that the stock has a possible downside of 3.3%.
View analysts' price targets for Tenaris or view Wall Street analyst' top-rated stocks.

Tenaris saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 9,730,000 shares, an increase of 38.8% from the December 15th total of 7,010,000 shares. Based on an average trading volume of 1,990,000 shares, the days-to-cover ratio is currently 4.9 days. Approximately 1.7% of the company's shares are sold short.
View Tenaris' Short Interest.

Some companies that are related to Tenaris include CITIC (CTPCY), ArcelorMittal (MT), POSCO (PKX), Sumitomo (SSUMY), Nucor (NUE), Steel Dynamics (STLD), Ternium (TX), United States Steel (X), Aperam (APEMY), Commercial Metals (CMC), Grupo Simec (SIM), Carpenter Technology (CRS), Usinas Siderúrgicas de Minas Gerais (USNZY), SunCoke Energy (SXC) and Titan International (TWI).
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 variety of institutional and retail investors. Top institutional investors include FNY Investment Advisers LLC (0.02%), Highland Capital Management LLC (0.01%), XTX Markets LLC (0.00%), Clarius Group LLC (0.00%) and Pacer Advisors Inc. (0.00%).

TS stock was sold by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC, and Clarius Group LLC.

TS stock was bought by a variety of institutional investors in the last quarter, including XTX Markets LLC, Pacer Advisors Inc., and Highland Capital Management 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.

One share of TS stock can currently be purchased for approximately $15.53.

Tenaris has a market capitalization of $9.17 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 23,200 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]