Tenaris - TS Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last year. There are currently 2 sell ratings, 2 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TS shares.
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12 analysts have issued 12-month target prices for Tenaris' stock. Their TS share price forecasts range from $8.80 to $50.00. On average, they anticipate the company's share price to reach $33.38 in the next twelve months. This suggests a possible upside of 2.4% from the stock's current price.
View analysts price targets for TS or view top-rated stocks among Wall Street analysts.

Tenaris' stock was trading at $20.86 on January 1st, 2022. Since then, TS stock has increased by 56.3% and is now trading at $32.60.
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Tenaris saw a drop in short interest in October. As of October 31st, there was short interest totaling 3,680,000 shares, a drop of 22.0% from the October 15th total of 4,720,000 shares. Based on an average daily volume of 2,050,000 shares, the short-interest ratio is currently 1.8 days. Approximately 0.6% of the company's stock are sold short.
View Tenaris' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our TS earnings forecast.

Tenaris S.A. (NYSE:TS) posted its earnings results on Thursday, November, 3rd. The industrial products company reported $1.03 EPS for the quarter, missing the consensus estimate of $1.04 by $0.01. The industrial products company earned $2.97 billion during the quarter, compared to the consensus estimate of $2.93 billion. Tenaris had a trailing twelve-month return on equity of 16.63% and a net margin of 20.75%.

Tenaris announced a dividend on Monday, November 7th. Investors of record on Tuesday, November 22nd will be given a dividend of $0.34 per share on Wednesday, November 23rd. The ex-dividend date is Monday, November 21st. This is a boost from the stock's previous dividend of $0.26.
Read our dividend analysis for TS.

Tenaris (NYSE:TS) pays an annual dividend of $0.68 per share and currently has a dividend yield of 2.09%. The dividend payout ratio is 18.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TS will have a dividend payout ratio of 13.55% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TS.

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

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 retail and institutional investors. Top institutional investors include Pendal Group Ltd (3.44%), Van ECK Associates Corp (0.69%), Price T Rowe Associates Inc. MD (0.31%), Renaissance Technologies LLC (0.27%), BlackRock Inc. (0.21%) and Encompass Capital Advisors LLC (0.12%).

Shares of TS stock 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 $32.60.

Tenaris (NYSE:TS) has a market capitalization of $19.24 billion and generates $6.52 billion in revenue each year. The industrial products company earns $1.10 billion in net income (profit) each year or $3.59 on an earnings per share basis.

The company employs 23,000 workers across the globe.

Tenaris' mailing address is 26 BOULEVARD ROYAL 4TH FLOOR, LUXEMBOURG N4, L-2449. The official website for the company is www.tenaris.com. The industrial products company can be reached via phone at (522) 647-8978, via email at investors@tenaris.com, or via fax at 352-2647-8979.