NYSE:TNP Tsakos Energy Navigation (TNP) Stock Price, News & Analysis → The “Perfect Storm” for Gold (From Gold Safe Exchange) (Ad) Free TNP Stock Alerts $25.29 -0.03 (-0.12%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$25.18▼$25.7750-Day Range$23.29▼$27.0952-Week Range$15.50▼$27.20Volume200,871 shsAverage Volume324,065 shsMarket Capitalization$746.31 millionP/E Ratio2.80Dividend Yield2.37%Price Target$30.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Tsakos Energy Navigation alerts: Email Address Tsakos Energy Navigation MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside18.6% Upside$30.00 Price TargetShort InterestHealthy0.87% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment1.22Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth7.14%From $9.24 to $9.90 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.85 out of 5 starsTransportation Sector38th out of 111 stocksDeep Sea Foreign Transportation Of Freight Industry8th out of 26 stocks 2.5 Analyst's Opinion Consensus RatingTsakos Energy Navigation has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageTsakos Energy Navigation has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.87% of the float of Tsakos Energy Navigation has been sold short.Short Interest Ratio / Days to CoverTsakos Energy Navigation has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tsakos Energy Navigation has recently decreased by 23.33%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldTsakos Energy Navigation pays a meaningful dividend of 2.37%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTsakos Energy Navigation has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Tsakos Energy Navigation is 6.65%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Tsakos Energy Navigation will have a dividend payout ratio of 6.06% next year. This indicates that Tsakos Energy Navigation will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TNP. Previous Next 3.5 News and Social Media Coverage News SentimentTsakos Energy Navigation has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Tsakos Energy Navigation this week, compared to 2 articles on an average week.MarketBeat Follows3 people have added Tsakos Energy Navigation to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tsakos Energy Navigation insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of Tsakos Energy Navigation is held by insiders.Percentage Held by InstitutionsOnly 19.24% of the stock of Tsakos Energy Navigation is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Tsakos Energy Navigation are expected to grow by 7.14% in the coming year, from $9.24 to $9.90 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tsakos Energy Navigation is 2.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Tsakos Energy Navigation is 2.80, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.24.Price to Book Value per Share RatioTsakos Energy Navigation has a P/B Ratio of 0.49. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeThe “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.Click here now to download the free Precious Metals Buying Guide! About Tsakos Energy Navigation Stock (NYSE:TNP)Tsakos Energy Navigation Ltd is one of the world’s longest-running and largest independent operators of maritime energy transportation services. The company owns and operates a best-in-class fleet of versatile energy transportation vessels that include ice-class, shuttle tankers, and LNG-capable shipping as well. The company’s management team is able to leverage more than 50 years of company experience. Tsakos Energy Navigation Ltd was incorporated in 1993 as MIF Limited. The company IPOd in 201 and later changed its name in 2011 to better represent itself to the world. It has been a leader in energy transportation the entire time and has generated more than $1 billion in profits for shareholders. As of October 2022, the company had paid more than $450 million in dividends in over 42 consecutive payments. The company’s average yield since IPO is over 5.2%. Tsakos Energy Navigation Ltd. provides maritime transportation services for national, major, and independent energy companies under a variety of contract conditions. The company reported a fleet of 70 double-hull energy transportation vessels in mid-2022. The fleet included 60 conventional tankers ranging from Handysize through Panamax, Aframax, and Suez Max conventional oil tankers, and several Suez-Max DP2 shuttle tankers. The DP2 shuttle tankers are instrumental in transporting energy through the Suez canal. The company also listed 2 VLCCs or Very Large Crude Carriers (the 2nd largest tankers on the high seas) and 2 LNG-capable ships, and 2 ships under construction. Tsakos Energy Navigation is incorporated in Bermuda but operates out of Athens, Greece. The company’s strategy is to maintain its industry-leading status while providing sustainable growth and stability across energy cycles. The two pillars of the strategy are employee and fleet quality. The company actively invests in its talent pool to position itself for long-term success while also investing in ship maintenance and renewals. The average age of a Tsakos Energy Navigation tanker was about 7.5 years in Q4 2022 compared to roughly 10 years for the industry average. Oil tankers get about 30 years of use on average, so the company well-positioned to outlast its competition. Read More TNP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TNP Stock News HeadlinesApril 13, 2024 | americanbankingnews.comTsakos Energy Navigation (NYSE:TNP) Shares Up 3.4%April 13, 2024 | americanbankingnews.comTsakos Energy Navigation (NYSE:TNP) Upgraded by StockNews.com to "Buy"April 18, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.April 9, 2024 | msn.comTsakos Energy Navigation Ltd Cum Red Perp Pfd Shs Series F declares $0.5938 dividendApril 8, 2024 | globenewswire.comTEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred SharesApril 3, 2024 | msn.comCrude oil pushes higher on global tensions, signs of strong U.S. gasoline demandMarch 31, 2024 | seekingalpha.comTsakos Energy Navigation: Dividend Bump For Common Shares, 7.8% YTC On Preferred SharesMarch 29, 2024 | finance.yahoo.comTsakos: Q4 Earnings SnapshotApril 18, 2024 | Gold Safe Exchange (Ad)The “Perfect Storm” for GoldGold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.March 28, 2024 | finance.yahoo.comWith EPS Growth And More, Tsakos Energy Navigation (NYSE:TNP) Makes An Interesting CaseMarch 28, 2024 | finance.yahoo.comTsakos Energy Navigation Limited (NYSE:TNP) Q4 2023 Earnings Call TranscriptMarch 28, 2024 | investorplace.comTNP Stock Earnings: Tsakos Energy Navigation Misses EPS, Beats Revenue for Q4 2023March 27, 2024 | finanznachrichten.deTsakos Energy Navigation: TEN Ltd. Reports Record Profits for Year-End and Fourth Quarter 2023 Results and Dividend of $0.60 per Common ShareMarch 27, 2024 | msn.comTsakos Energy Navigation doubles dividend to $0.60/shareMarch 27, 2024 | msn.comTsakos Energy Navigation GAAP EPS of $0.85, revenue of $220.24M beats by $34.24MMarch 27, 2024 | globenewswire.comTEN Ltd. Reports Record Profits for Year-End and Fourth Quarter 2023 Results and Dividend of $0.60 per Common ShareMarch 27, 2024 | benzinga.comEarnings Outlook For Tsakos Energy NavigationMarch 27, 2024 | msn.comTsakos Energy Navigation Q4 2023 Earnings PreviewMarch 21, 2024 | globenewswire.comTEN, Ltd. Announces Date of Fourth Quarter and Year End 2023 Results, Conference Call and WebcastFebruary 18, 2024 | seekingalpha.comTNP.PR.E Tsakos Energy Navigation Limited PERP PFD SER EFebruary 17, 2024 | ca.finance.yahoo.comTNP Mar 2024 17.500 callFebruary 17, 2024 | ca.finance.yahoo.comTNP Mar 2024 24.600 putFebruary 17, 2024 | finance.yahoo.comTNP Mar 2024 12.500 putFebruary 17, 2024 | finance.yahoo.comTNP Mar 2024 12.100 callFebruary 12, 2024 | finance.yahoo.comWe Like These Underlying Return On Capital Trends At Tsakos Energy Navigation (NYSE:TNP)February 7, 2024 | msn.comTsakos Energy Navigation Limited PERP PFD SER E declares $0.5781 dividendFebruary 5, 2024 | ca.finance.yahoo.comTsakos Energy Navigation Limited (TK41.F)See More Headlines Receive TNP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tsakos Energy Navigation and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/21/2023Today4/17/2024Next Earnings (Estimated)6/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNYSE:TNP CUSIPN/A CIK1166663 Webwww.tenn.gr Phone302109407710Fax30 210 94 07 716Employees1,500Year FoundedN/APrice Target and Rating Average Stock Price Target$30.00 High Stock Price Target$30.00 Low Stock Price Target$30.00 Potential Upside/Downside+18.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$9.02 Trailing P/E Ratio2.80 Forward P/E Ratio2.74 P/E GrowthN/ANet Income$300.18 million Net Margins33.74% Pretax Margin39.89% Return on Equity44.36% Return on Assets20.88% Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$939.58 million Price / Sales0.79 Cash Flow$11.87 per share Price / Cash Flow2.13 Book Value$51.11 per share Price / Book0.49Miscellaneous Outstanding Shares29,506,000Free Float29,211,000Market Cap$746.21 million OptionableOptionable Beta-0.14 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Nikolas P. Tsakos Ph.D. (Age 61)Founder, CEO & Executive Director Mr. Michael Gordon Jolliffe (Age 74)Co-Founder & Vice Chairman Mr. George V. Saroglou (Age 59)COO, President & Executive Director Mr. Paul Durham (Age 73)CFO & Chief Accounting Officer Harrys KosmatosCorporate Development OfficerMr. Vasileios Papageorgiou (Age 77)Chief Marine Officer More ExecutivesKey CompetitorsGlobal Ship LeaseNYSE:GSLEagle Bulk ShippingNASDAQ:EGLETeekayNYSE:TKArdmore ShippingNYSE:ASCGenco Shipping & TradingNYSE:GNKView All CompetitorsInstitutional OwnershipHennessy Advisors Inc.Sold 46,600 shares on 4/16/2024Ownership: 0.291%Foundation Resource Management Inc.Bought 2,032 shares on 4/11/2024Ownership: 1.251%Quadrature Capital LtdSold 7,082 shares on 3/25/2024Ownership: 0.144%Hennessy Advisors Inc.Bought 132,400 shares on 3/14/2024Ownership: 0.449%Goldman Sachs Group Inc.Bought 30,097 shares on 3/1/2024Ownership: 0.102%View All Institutional Transactions TNP Stock Analysis - Frequently Asked Questions Should I buy or sell Tsakos Energy Navigation stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tsakos Energy Navigation in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TNP shares. View TNP analyst ratings or view top-rated stocks. What is Tsakos Energy Navigation's stock price target for 2024? 1 analysts have issued twelve-month price objectives for Tsakos Energy Navigation's stock. Their TNP share price targets range from $30.00 to $30.00. On average, they expect the company's share price to reach $30.00 in the next year. This suggests a possible upside of 18.6% from the stock's current price. View analysts price targets for TNP or view top-rated stocks among Wall Street analysts. How have TNP shares performed in 2024? Tsakos Energy Navigation's stock was trading at $22.22 at the beginning of 2024. Since then, TNP stock has increased by 13.8% and is now trading at $25.29. View the best growth stocks for 2024 here. Are investors shorting Tsakos Energy Navigation? Tsakos Energy Navigation saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 192,300 shares, a drop of 23.3% from the March 15th total of 250,800 shares. Based on an average daily volume of 277,500 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.9% of the shares of the company are short sold. View Tsakos Energy Navigation's Short Interest. When is Tsakos Energy Navigation's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, June 4th 2024. View our TNP earnings forecast. How were Tsakos Energy Navigation's earnings last quarter? Tsakos Energy Navigation Limited (NYSE:TNP) posted its quarterly earnings results on Tuesday, November, 21st. The shipping company reported $0.83 EPS for the quarter, missing the consensus estimate of $1.24 by $0.41. The shipping company earned $186.66 million during the quarter, compared to analyst estimates of $166.10 million. Tsakos Energy Navigation had a net margin of 33.74% and a trailing twelve-month return on equity of 44.36%. During the same period in the previous year, the business posted $1.48 earnings per share. How often does Tsakos Energy Navigation pay dividends? What is the dividend yield for Tsakos Energy Navigation? Tsakos Energy Navigation declared a semi-annual dividend on Tuesday, November 21st. Stockholders of record on Thursday, December 14th will be paid a dividend of $0.30 per share on Wednesday, December 20th. This represents a dividend yield of 2.9%. The ex-dividend date is Wednesday, December 13th. Read our dividend analysis for TNP. Is Tsakos Energy Navigation a good dividend stock? Tsakos Energy Navigation (NYSE:TNP) pays an annual dividend of $0.60 per share and currently has a dividend yield of 2.37%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 6.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TNP will have a dividend payout ratio of 6.06% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TNP. What ETFs hold Tsakos Energy Navigation's stock? ETFs with the largest weight of Tsakos Energy Navigation (NYSE:TNP) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR) and Global X MSCI Greece ETF (GREK).AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC). When did Tsakos Energy Navigation's stock split? Tsakos Energy Navigation shares reverse split before market open on Wednesday, July 1st 2020. The 1-5 reverse split was announced on Monday, June 22nd 2020. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 30th 2020. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. What other stocks do shareholders of Tsakos Energy Navigation own? Based on aggregate information from My MarketBeat watchlists, some companies that other Tsakos Energy Navigation investors own include Teekay Tankers (TNK), Energy Transfer (ET), DHT (DHT), Capital Product Partners (CPLP), Frontline (FRO), Gilead Sciences (GILD), Scorpio Tankers (STNG), AT&T (T), Teekay LNG Partners (TGP) and Inovio Pharmaceuticals (INO). Who are Tsakos Energy Navigation's major shareholders? Tsakos Energy Navigation's stock is owned by many different institutional and retail investors. Top institutional shareholders include Foundation Resource Management Inc. (1.25%) and Hennessy Advisors Inc. (0.29%). How do I buy shares of Tsakos Energy Navigation? Shares of TNP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:TNP) was last updated on 4/18/2024 by MarketBeat.com Staff From Our PartnersRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldIRS Loophole Gives Americans An Escape From InflationBirch GoldHe Is Giving Away BitcoinCrypto Swap Profits[Urgent!] Generational Wealth GameplanCrypto 101 MediaThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingThe “Perfect Storm” for GoldGold Safe ExchangeThe "Smart Money" Is Ready for May 1st Are You?Stansberry ResearchRich Dad Poor Dad Author Shocks Millions With 2024 Crash WarningAmerican Hartford Gold Group Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Tsakos Energy Navigation Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.