Tenaris - TS Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last twelve months. There are currently 1 sell rating, 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TS shares.
View TS analyst ratings or view top-rated stocks.

7 Wall Street research analysts have issued 1-year target prices for Tenaris' stock. Their TS share price forecasts range from $8.80 to $50.00. On average, they anticipate the company's stock price to reach $40.35 in the next twelve months. This suggests a possible upside of 46.1% 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 $35.16 at the beginning of the year. Since then, TS stock has decreased by 21.4% and is now trading at $27.62.
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Tenaris saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 3,480,000 shares, an increase of 40.9% from the February 13th total of 2,470,000 shares. Based on an average daily trading volume, of 1,990,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 0.6% of the company's stock are short sold.
View Tenaris' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our TS earnings forecast.

Tenaris S.A. (NYSE:TS) released its quarterly earnings results on Wednesday, August, 4th. The industrial products company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.30. The industrial products company earned $1.53 billion during the quarter, compared to analysts' expectations of $1.39 billion. Tenaris had a net margin of 21.71% and a trailing twelve-month return on equity of 19.34%.

Tenaris declared a dividend on Monday, November 7th. Investors of record on Tuesday, November 22nd will be paid 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.

ETFs with the largest weight of Tenaris (NYSE:TS) stock in their portfolio include Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), VanEck Oil Services ETF (OIH), AdvisorShares Dorsey Wright ADR ETF (AADR), VanEck Steel ETF (SLX), Direxion Daily Oil Services Bull 2X Shares (ONG), Amplify International Enhanced Dividend Income ETF (IDVO), Emerge EMPWR Unified Sustainable Equity ETF (EMPW) and FIS Biblically Responsible Risk Managed ETF (PRAY).

Tenaris (NYSE:TS) pays an annual dividend of $0.68 per share and currently has a dividend yield of 2.30%. The dividend payout ratio is 15.70%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TS will have a dividend payout ratio of 12.73% 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 number of retail and institutional investors. Top institutional shareholders include Pendal Group Ltd (2.27%), Westwood Global Investments LLC (1.49%), Arrowstreet Capital Limited Partnership (0.69%), Van ECK Associates Corp (0.65%), Morgan Stanley (0.33%) and Price T Rowe Associates Inc. MD (0.26%).

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 $27.62.

Tenaris (NYSE:TS) has a market capitalization of $16.30 billion and generates $11.76 billion in revenue each year. The industrial products company earns $2.55 billion in net income (profit) each year or $4.33 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.