Tsakos Energy Navigation Limited (TNP)

NYSE: TNP · IEX Real-Time Price · USD
20.25
+1.10 (5.74%)
At close: Mar 21, 2023, 4:00 PM
20.13
-0.12 (-0.59%)
After-hours: Mar 21, 2023, 7:19 PM EDT
5.74%
Market Cap 579.76M
Revenue (ttm) 546.12M
Net Income (ttm) -187.18M
Shares Out 28.63M
EPS (ttm) -9.53
PE Ratio n/a
Forward PE 4.80
Dividend $0.25 (1.24%)
Ex-Dividend Date Dec 13, 2022
Volume 501,957
Open 19.70
Previous Close 19.15
Day's Range 19.40 - 20.55
52-Week Range 8.01 - 24.78
Beta 0.13
Analysts Buy
Price Target 26.52 (+30.96%)
Earnings Date Apr 13, 2023

About TNP

Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. As of April 21, 2022, it operated a fleet of 66 double-hull vessels, comprising of 60 conventional tankers, three LNG carriers, and three suezmax DP2 shuttle tankers. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limit... [Read more]

Sector Energy
Founded 1993
Country Greece
Stock Exchange NYSE
Ticker Symbol TNP
Full Company Profile

Financial Performance

In 2021, TNP's revenue was $546.12 million, a decrease of -15.22% compared to the previous year's $644.14 million. Losses were -$187.18 million, 1142.0% more than in 2020.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for TNP stock is "Buy." The 12-month stock price forecast is $26.52, which is an increase of 30.96% from the latest price.

Price Target
$26.52
(30.96% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TEN Ltd. Reports Record Profits for Fourth Quarter and Year-End 2022 and Declares Annual Dividend of $0.60 Per Common Share

Year revenues at $860 million and record profits of $204.2 million (EPS at $6.02 for 2022)

5 days ago - GlobeNewsWire

Oil Tankers In Buy Range After Breaking Out Of Bases

When it comes to oil transportation, pipeline companies are attractive due to high yield and stable price performance, but tanker stocks have moved into technical leadership since the start of the yea...

Other symbols: FROINSWNATTNKTRMD
1 week ago - MarketBeat

TEN, Ltd. Announces Date of Fourth Quarter and Year end 2022 Financial Results, Conference Call and Webcast

ATHENS, Greece, March 06, 2023 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN” or the “Company”) (NYSE: TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will re...

2 weeks ago - GlobeNewsWire

TEN Ltd. Declares Dividend on its Series D and Series E Cumulative Perpetual Preferred Shares

ATHENS, Greece, Feb. 07, 2023 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Director...

1 month ago - GlobeNewsWire

Here's Why Tsakos (TNP) Is a Great 'Buy the Bottom' Stock Now

Tsakos (TNP) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Str...

1 month ago - Zacks Investment Research

Tsakos (TNP) is on the Move, Here's Why the Trend Could be Sustainable

If you are looking for stocks that are well positioned to maintain their recent uptrend, Tsakos (TNP) could be a great choice. It is one of the several stocks that passed through our "Recent Price Str...

2 months ago - Zacks Investment Research

TEN, Ltd. to Participate at Capital Link's Corporate Presentation Series

ATHENS, Greece, Jan. 10, 2023 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN” or the “Company”) (NYSE:TNP) a leading diversified crude, product and LNG tanker operator, today announced that it will participate i...

2 months ago - GlobeNewsWire

TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

ATHENS, Greece, Jan. 03, 2023 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Director...

2 months ago - GlobeNewsWire

TEN Ltd. Announces the Release of its Inaugural Environmental, Social and Governance Report

ATHENS, Greece, Dec. 19, 2022 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE:TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, is pleased to announce the release of its i...

3 months ago - GlobeNewsWire

Is Tsakos Energy Navigation (TNP) Outperforming Other Transportation Stocks This Year?

Here is how Tsakos Energy (TNP) and United Airlines (UAL) have performed compared to their sector so far this year.

3 months ago - Zacks Investment Research

Earnings Estimates Moving Higher for Tsakos (TNP): Time to Buy?

Tsakos (TNP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

3 months ago - Zacks Investment Research

Best Momentum Stocks to Buy for December 1st

INSW, TNP and ASC made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on December 1, 2022.

Other symbols: ASCINSW
3 months ago - Zacks Investment Research

3 Stocks to Watch That Recently Announced Dividend Hikes

Merck & Co., Inc. (MRK), McCormick & Company, Incorporated (MKC) and Tsakos Energy Navigation Limited (TNP) recently hiked dividends.

Other symbols: MKCMRK
3 months ago - Zacks Investment Research

New Strong Buy Stocks for December 1st

BCH, FRO, INSW, TNP and ASC have been added to the Zacks Rank #1 (Strong Buy) List on December 1, 2022.

Other symbols: ASCBCHFROINSW
3 months ago - Zacks Investment Research

Best Value Stocks to Buy for December 1st

STNG, TNP and BCH made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 1, 2022.

Other symbols: BCHSTNG
3 months ago - Zacks Investment Research

Tsakos Energy (TNP) Q3 Earnings and Revenues Miss Estimates

Tsakos (TNP) delivered earnings and revenue surprises of -31.48% and 8.53%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

4 months ago - Zacks Investment Research

TEN Ltd Reports Strong Results for the Third Quarter and Nine Months Ended September 30, 2022

600% increase in nine-month operating income

4 months ago - GlobeNewsWire

TEN Ltd. Announces the Delivery of a 2020 South Korean-Built VLCC

Strong Market Fundamentals

4 months ago - GlobeNewsWire

TEN, Ltd. Announces Date of Third Quarter 2022 Financial Results, Conference Call and Webcast

ATHENS, Greece, Nov. 11, 2022 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN” or the “Company”) (NYSE: TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will rep...

4 months ago - GlobeNewsWire

TEN Ltd. Declares Dividend on its Series D and Series E Cumulative Perpetual Preferred Shares

ATHENS, Greece, Nov. 08, 2022 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Director...

4 months ago - GlobeNewsWire

Can Tsakos (TNP) Run Higher on Rising Earnings Estimates?

Tsakos (TNP) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

5 months ago - Zacks Investment Research

Are You Looking for a Top Momentum Pick? Why Tsakos Energy (TNP) is a Great Choice

Does Tsakos Energy (TNP) have what it takes to be a top stock pick for momentum investors? Let's find out.

5 months ago - Zacks Investment Research

Best Value Stocks to Buy for October 18th

TNP, DQ and FISI made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 18, 2022.

Other symbols: DQFISI
5 months ago - Zacks Investment Research

TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

ATHENS, Greece, Oct. 06, 2022 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Director...

5 months ago - GlobeNewsWire

Is the Options Market Predicting a Spike in Tsakos Energy Navigation (TNP) Stock?

Investors need to pay close attention to Tsakos Energy Navigation (TNP) stock based on the movements in the options market lately.

6 months ago - Zacks Investment Research