Teekay Tankers (TNK) Projected to Release Quarterly Earnings on Wednesday

Teekay Tankers (NYSE:TNK) is anticipated to release its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Teekay Tankers to announce earnings of $5.61 per share and revenue of $300.8340 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

Teekay Tankers (NYSE:TNK) last announced its quarterly earnings data on Tuesday, March 31st. The shipping company reported $3.69 EPS for the quarter. Teekay Tankers had a net margin of 42.60% and a return on equity of 16.34%. On average, analysts expect Teekay Tankers to post $14 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Teekay Tankers Price Performance

Teekay Tankers stock opened at $75.75 on Monday. The company’s 50-day moving average is $72.66 and its 200-day moving average is $71.32. The firm has a market capitalization of $2.62 billion, a PE ratio of 6.16 and a beta of -0.22. Teekay Tankers has a fifty-two week low of $41.77 and a fifty-two week high of $83.99.

Teekay Tankers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 26th were issued a dividend of $0.25 per share. The ex-dividend date was Tuesday, May 26th. This represents a $1.00 dividend on an annualized basis and a yield of 1.3%. Teekay Tankers’s dividend payout ratio (DPR) is presently 8.13%.

Insider Activity

In related news, Director David Schellenberg sold 7,031 shares of Teekay Tankers stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $71.53, for a total transaction of $502,927.43. Following the completion of the sale, the director owned 7,445 shares of the company’s stock, valued at approximately $532,540.85. The trade was a 48.57% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TNK. Vident Advisory LLC bought a new stake in shares of Teekay Tankers during the fourth quarter worth approximately $718,000. EP Wealth Advisors LLC bought a new position in shares of Teekay Tankers during the fourth quarter worth approximately $316,000. Empowered Funds LLC increased its stake in shares of Teekay Tankers by 5.4% during the fourth quarter. Empowered Funds LLC now owns 158,170 shares of the shipping company’s stock worth $8,449,000 after purchasing an additional 8,066 shares during the period. XTX Topco Ltd acquired a new stake in Teekay Tankers during the 4th quarter worth approximately $1,199,000. Finally, Voloridge Investment Management LLC acquired a new stake in Teekay Tankers during the 4th quarter worth approximately $1,022,000. 52.67% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

TNK has been the topic of a number of recent analyst reports. Bank of America boosted their price target on Teekay Tankers from $69.00 to $75.00 and gave the stock an “underperform” rating in a research report on Wednesday, May 20th. Zacks Research cut Teekay Tankers from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 20th. Weiss Ratings downgraded Teekay Tankers from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday. Evercore reissued an “outperform” rating on shares of Teekay Tankers in a report on Wednesday. Finally, Wall Street Zen upgraded Teekay Tankers from a “buy” rating to a “strong-buy” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Teekay Tankers has a consensus rating of “Hold” and an average price target of $77.00.

Teekay Tankers Company Profile

Teekay Tankers Ltd is an oil tanker shipping company that owns and operates a fleet of modern crude oil and petroleum product tankers. Listed on the New York Stock Exchange under the ticker symbol TNK, the company provides seaborne transportation services for crude oil, refined petroleum products and petrochemicals. Its operations range across major global trade lanes, offering a mix of spot market voyages and time-charter contracts to a diverse customer base in the oil and energy sector.

The company’s fleet includes a mix of Medium Range (MR), Long Range (LR1 and LR2), Suezmax and Aframax tankers designed to meet various cargo specifications and port restrictions.