NYSE:TSTenaris Stock Price, Forecast & 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 (WHO). Since then, TS shares have increased by 3.8% and is now trading at $12.65. 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) released its quarterly earnings results on Friday, May, 1st. The industrial products company reported $0.16 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by $0.05. The industrial products company earned $1.76 billion during the quarter, compared to analyst estimates of $1.78 billion. Tenaris had a negative net margin of 2.23% and a positive return on equity of 4.98%. View Tenaris' earnings history.

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

14 brokers have issued 12-month price targets for Tenaris' shares. Their forecasts range from $7.00 to $28.00. On average, they expect Tenaris' share price to reach $17.19 in the next twelve months. This suggests a possible upside of 35.9% from the stock's current price. View analysts' price targets for Tenaris.

Headlines about TS stock have trended neutral recently, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tenaris earned a news sentiment score of 0.4 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about Tenaris.

Tenaris saw a decrease in short interest in June. As of June 30th, there was short interest totaling 1,940,000 shares, a decrease of 25.1% from the June 15th total of 2,590,000 shares. Based on an average daily volume of 1,710,000 shares, the short-interest ratio is currently 1.1 days. Currently, 0.3% of the shares of the stock are short sold. 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 $12.65.

Tenaris has a market capitalization of $7.47 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]