NYSE:TS Tenaris (TS) Stock Price, News & Analysis → CBOE shift unlocks new weekend income strategy (From DTI) (Ad) Free TS Stock Alerts $39.75 +0.26 (+0.66%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$39.45▼$39.8950-Day Range$31.32▼$39.5552-Week Range$24.69▼$39.97Volume1.73 million shsAverage Volume1.80 million shsMarket Capitalization$23.46 billionP/E Ratio5.99Dividend Yield2.01%Price Target$41.27 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Tenaris alerts: Email Address Tenaris MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside3.8% Upside$41.27 Price TargetShort InterestHealthy0.35% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.89Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth3.36%From $4.17 to $4.31 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.2.06 out of 5 starsIndustrial Products Sector127th out of 163 stocksBlast Furnaces & Steel Mills Industry9th out of 10 stocks 1.2 Analyst's Opinion Consensus RatingTenaris has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $41.27, Tenaris has a forecasted upside of 3.8% from its current price of $39.75.Amount of Analyst CoverageTenaris has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.35% of the float of Tenaris has been sold short.Short Interest Ratio / Days to CoverTenaris has a short interest ratio ("days to cover") of 1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Tenaris has recently decreased by 16.05%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend YieldTenaris pays a meaningful dividend of 2.02%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthTenaris does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Tenaris is 12.05%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Tenaris will have a dividend payout ratio of 18.56% next year. This indicates that Tenaris 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 TS. Previous Next 3.3 News and Social Media Coverage News SentimentTenaris has a news sentiment score of 0.89. 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 0.59 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Tenaris this week, compared to 2 articles on an average week.Search InterestOnly 4 people have searched for TS on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.MarketBeat Follows7 people have added Tenaris to their MarketBeat watchlist in the last 30 days. This is an increase of 40% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Tenaris insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.20% of the stock of Tenaris is held by insiders.Percentage Held by InstitutionsOnly 10.45% of the stock of Tenaris is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Tenaris are expected to grow by 3.36% in the coming year, from $4.17 to $4.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Tenaris is 5.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Tenaris is 5.99, which means that it is trading at a less expensive P/E ratio than the Industrial Products sector average P/E ratio of about 22.55.Price to Earnings Growth RatioTenaris has a PEG Ratio of 3.40. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTenaris has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsCentral Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.Find out how you can protect yourself now >>> About Tenaris Stock (NYSE:TS)Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products and related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, line pipes, cold-drawn pipes, and premium joints and couplings; and coiled tubing products for oil and gas drilling and workovers, and subsea pipelines. It also manufactures sucker rods used in oil extraction activities and tubes for plumbing and construction applications; and offers oilfield/hydraulic fracturing services and energy and raw materials, and financial services. The company operates in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Tenaris S.A. was founded in 2001 and is based in Luxembourg. Tenaris S.A. operates as a subsidiary of Techint Holdings S.à r.l.Read More TS Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TS Stock News HeadlinesMarch 22, 2024 | globenewswire.comTenaris Files 2023 Annual Report, 2023 Sustainability Report, and Convenes the Annual General Meeting of Shareholders and an Extraordinary General Meeting of ShareholdersMarch 20, 2024 | finance.yahoo.comArgentina’s Oilfield Billionaire Has ‘Lot of Hope’ for MileiMarch 28, 2024 | Crypto 101 Media (Ad)Altcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… March 16, 2024 | ca.finance.yahoo.comTS Apr 2024 30.000 callMarch 11, 2024 | markets.businessinsider.comPiper Sandler Reaffirms Their Hold Rating on Chart Industries (GTLS)February 26, 2024 | finance.yahoo.comSteel Producer Tenaris Stock Sees Improved Relative StrengthFebruary 25, 2024 | finanznachrichten.deTenaris SA: Tenaris to Commence a USD 300 million Second Tranche of its USD 1.2 Billion Share Buyback ProgramFebruary 25, 2024 | globenewswire.comTenaris to Commence a USD 300 million Second Tranche of its USD 1.2 Billion Share Buyback ProgramMarch 28, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. 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In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.February 25, 2024 | msn.comMarket Movers of the Week: Nvidia, Walmart Push Stocks to New Worrisome LevelsFebruary 22, 2024 | markets.businessinsider.comAnalysts Are Bullish on Top Energy Stocks: Antero Resources (AR), Tenaris SA (TS)February 21, 2024 | finanznachrichten.deTenaris SA: Tenaris Announces 2023 Fourth Quarter and Annual ResultsFebruary 21, 2024 | globenewswire.comTenaris Announces 2023 Fourth Quarter and Annual ResultsFebruary 20, 2024 | msn.comTenaris Q4 2023 Earnings PreviewFebruary 20, 2024 | finance.yahoo.comShould You Buy Tenaris (TS) Ahead of Earnings?February 14, 2024 | finance.yahoo.com30 Countries with Highest Standard of Living Ranked by GDP (PPP) Per CapitaJanuary 27, 2024 | seekingalpha.comTenaris: Steeling Against High Rates With A Rock-Solid Balance SheetJanuary 9, 2024 | finance.yahoo.comTenaris S.A. (TS)January 6, 2024 | benzinga.comTenaris Stock (NYSE:TS), Analyst Ratings, Price Targets, PredictionsDecember 24, 2023 | ca.finance.yahoo.comTS Jan 2024 37.500 putDecember 22, 2023 | msn.comTenaris, IBD Stock Of The Day From Hot Steel Sector, Hits Early Buy PointDecember 16, 2023 | morningstar.comTenaris SA TENmNovember 30, 2023 | finanznachrichten.deTenaris SA: Tenaris Completes Acquisition of Pipe Coating Business Unit of MattrNovember 30, 2023 | finance.yahoo.comMattr Finalizes Pipe Coating Business SaleNovember 27, 2023 | finance.yahoo.comMattr Announces Regulatory Approval and Expected Closing Date for Pipe Coating Business SaleNovember 20, 2023 | finance.yahoo.comTenaris SA's Dividend AnalysisNovember 16, 2023 | msn.comTenaris goes ex-dividend on MondaySee More Headlines Receive TS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Tenaris and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/21/2024Today3/27/2024Next Earnings (Confirmed)4/25/2024Ex-Dividend for 5/22 Dividend5/20/2024Dividend Payable5/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrial Products Industry Blast furnaces & steel mills Sub-IndustryN/A Current SymbolNYSE:TS CUSIPN/A CIK1190723 Webwww.tenaris.com Phone(522) 647-8978Fax352-2647-8979Employees25,292Year Founded2002Price Target and Rating Average Stock Price Target$41.27 High Stock Price Target$44.00 Low Stock Price Target$38.00 Potential Upside/Downside+3.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$6.64 Trailing P/E Ratio5.99 Forward P/E Ratio9.53 P/E Growth3.4Net Income$3.92 billion Net Margins26.35% Pretax Margin31.16% Return on Equity24.33% Return on Assets19.88% Debt Debt-to-Equity RatioN/A Current Ratio3.62 Quick Ratio2.27 Sales & Book Value Annual Sales$14.87 billion Price / Sales1.58 Cash Flow$7.60 per share Price / Cash Flow5.23 Book Value$28.85 per share Price / Book1.38Miscellaneous Outstanding Shares590,270,000Free Float589,087,000Market Cap$23.46 billion OptionableOptionable Beta1.46 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.Get This Free Report Key ExecutivesMr. Paolo Rocca (Age 71)Chairman & CEO Ms. Alicia Mondolo (Age 65)Chief Financial Officer Mr. Gabriel Podskubka (Age 50)Chief Operating Officer Mr. Marcelo Ramos (Age 61)Chief Technology Officer Mr. Giovanni SardagnaInvestor Relations DirectorMr. Luis Scartascini (Age 50)Chief Human Resources Officer Mr. Sergio de la Maza (Age 68)President of Mexico Mr. Javier Martinez Alvarez (Age 57)President of Southern Cone Mr. Luca Zanotti (Age 56)President of United States Mr. Gabriel Casanova (Age 65)Chief Supply Chain Officer More ExecutivesKey CompetitorsDoverNYSE:DOVAxon EnterpriseNASDAQ:AXONHubbellNYSE:HUBBBallNYSE:BALLIDEXNYSE:IEXView All CompetitorsInstitutional OwnershipPNC Financial Services Group Inc.Sold 430 shares on 3/22/2024Ownership: 0.002%Hennessy Advisors Inc.Sold 15,000 shares on 3/14/2024Ownership: 0.002%Vanguard Group Inc.Sold 3,166 shares on 3/11/2024Ownership: 0.040%Wellington Management Group LLPBought 129,450 shares on 3/5/2024Ownership: 0.171%Goldman Sachs Group Inc.Bought 291,118 shares on 3/1/2024Ownership: 0.196%View All Institutional Transactions Should I Buy Tenaris Stock? TS Pros and Cons Explained These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of Tenaris was last updated on Tuesday, March 26, 2024 at 10:53 PM. Pros Here are some ways that investors could benefit from investing in Tenaris S.A.: Tenaris S.A. is a leading producer and seller of seamless and welded steel tubular products for the oil and gas industry, providing a strong position in a vital sector. The company offers a diverse range of steel products, including casings, tubing, line pipes, and premium joints, catering to various industrial applications and demand. Tenaris S.A. operates globally, with a presence in key regions like North America, South America, Europe, the Middle East, Africa, and the Asia Pacific, offering geographic diversification. Recent increase in holdings by institutional investors and hedge funds indicates confidence in the company's growth potential and stability. The current stock price of Tenaris S.A. reflects a favorable valuation compared to its industry peers, presenting a potential investment opportunity. Cons Investors should be bearish about investing in Tenaris S.A. for these reasons: The company's performance may be influenced by fluctuations in global oil and gas markets, impacting demand for its steel tubular products. Volatility in raw material prices, such as steel, could affect Tenaris S.A.'s production costs and profit margins. Regulatory changes or geopolitical tensions in regions where the company operates may pose risks to its operations and financial performance. Competitive pressures from other steel producers and technological advancements in the industry could impact Tenaris S.A.'s market share and pricing power. Uncertainties related to the overall economic conditions and trade policies may introduce challenges for Tenaris S.A.'s growth and expansion strategies. TS Stock Analysis - Frequently Asked Questions Should I buy or sell Tenaris stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tenaris in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TS, but not buy additional shares or sell existing shares. View TS analyst ratings or view top-rated stocks. What is Tenaris' stock price target for 2024? 3 brokerages have issued 1 year price objectives for Tenaris' stock. Their TS share price targets range from $38.00 to $44.00. On average, they predict the company's share price to reach $41.27 in the next twelve months. This suggests a possible upside of 3.8% from the stock's current price. View analysts price targets for TS or view top-rated stocks among Wall Street analysts. How have TS shares performed in 2024? Tenaris' stock was trading at $34.76 at the start of the year. Since then, TS shares have increased by 14.4% and is now trading at $39.75. View the best growth stocks for 2024 here. Are investors shorting Tenaris? Tenaris saw a decline in short interest in the month of March. As of March 15th, there was short interest totaling 2,040,000 shares, a decline of 16.0% from the February 29th total of 2,430,000 shares. Based on an average trading volume of 2,030,000 shares, the short-interest ratio is currently 1.0 days. Approximately 0.4% of the company's stock are short sold. View Tenaris' Short Interest. When is Tenaris' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our TS earnings forecast. How were Tenaris' earnings last quarter? Tenaris S.A. (NYSE:TS) announced its quarterly earnings data on Wednesday, February, 21st. The industrial products company reported $1.92 EPS for the quarter, beating the consensus estimate of $1.03 by $0.89. The industrial products company earned $3.41 billion during the quarter, compared to analysts' expectations of $3.08 billion. Tenaris had a trailing twelve-month return on equity of 24.33% and a net margin of 26.35%. How often does Tenaris pay dividends? What is the dividend yield for Tenaris? Tenaris announced a Semi-Annual dividend on Wednesday, February 21st. Shareholders of record on Tuesday, May 21st will be given a dividend of $0.80 per share on Wednesday, May 22nd. The ex-dividend date is Monday, May 20th. This is an increase from the stock's previous Semi-Annual dividend of $0.68. Read our dividend analysis for TS. Is Tenaris a good dividend stock? Tenaris (NYSE:TS) pays an annual dividend of $0.80 per share and currently has a dividend yield of 2.02%. The dividend payout ratio is 12.05%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TS will have a dividend payout ratio of 18.56% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TS. What ETFs hold Tenaris' stock? ETFs with the largest weight of Tenaris (NYSE:TS) stock in their portfolio include VanEck Steel ETF (SLX), VanEck Oil Services ETF (OIH), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), Direxion Daily Oil Services Bull 2X Shares (ONG), Amplify International Enhanced Dividend Income ETF (IDVO), FIS Biblically Responsible Risk Managed ETF (PRAY) and Emerge EMPWR Unified Sustainable Equity ETF (EMPW).First Trust Long/Short Equity ETF (FTLS). What is Paolo Rocca's approval rating as Tenaris' CEO? 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. What other stocks do shareholders of Tenaris own? 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). Who are Tenaris' major shareholders? Tenaris' stock is owned by a variety of retail and institutional investors. Top institutional investors include Westwood Global Investments LLC (1.48%), Van ECK Associates Corp (0.55%), Perpetual Ltd (0.53%), Balyasny Asset Management L.P. (0.44%), Harding Loevner LP (0.38%) and Price T Rowe Associates Inc. MD (0.29%). How do I buy shares of Tenaris? Shares of TS 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. 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