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Teekay Tankers (TNK)
:TNK
TNK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$36.04 - $74.20
Previous CloseN/A
Volume108.42K
Average Volume (3M)496.43K
Market Cap
$1.40B
Enterprise Value$1.62B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)3.4
Beta0.02
Next Earnings
Feb 20, 2025EPS Estimate
1.47Last Dividend Ex-Date
Nov 12, 2024Dividend Yield2.44%
Share Statistics
EPS (TTM)12.18
Shares Outstanding29,691,591
10 Day Avg. Volume385,234
30 Day Avg. Volume496,426
Standard Deviation0.16
R-Squared0.02
Alpha0.03
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.02
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap1.15
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit2.82
Enterprise Value/Ebitda3.33
Forecast
1Y Price Target
$60.00Price Target Upside47.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering0
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Teekay Tankers News
PremiumCompany Announcements
Teekay Tankers Reports Strong 2024 Financial Performance
PremiumCompany Announcements
Teekay Tankers’ Earnings Call Highlights Resilience
PremiumCompany Announcements
Teekay Tankers Revamps Board to Drive Growth
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Bulls Say, Bears Say
Bulls Say
Market RatesThe company expects tanker spot rates to increase significantly, yet rates are increasing off a lower base due to seasonally weaker levels.
Bears Say
Company OperationsThere are risks from parent company transactions, as TNK is potentially diverted from core operations.
Geopolitical RisksRising risk in international shipping, including container liners and crude & product tankers, due to potential easing of geopolitical disruptions adds capacity and pressures rates.
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Ownership Overview
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Insiders
17.65% Mutual Funds
12.78% Other Institutional Investors
57.97% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TNK FAQ
What was Teekay Tankers’s price range in the past 12 months?
Teekay Tankers lowest stock price was $36.04 and its highest was $74.20 in the past 12 months.
What is Teekay Tankers’s market cap?
Teekay Tankers’s market cap is $1.40B.
When is Teekay Tankers’s upcoming earnings report date?
Teekay Tankers’s upcoming earnings report date is Feb 20, 2025 which is yesterday.
How were Teekay Tankers’s earnings last quarter?
Teekay Tankers released its earnings results on Oct 30, 2024. The company reported $1.84 earnings per share for the quarter, missing the consensus estimate of $1.876 by -$0.036.
Is Teekay Tankers overvalued?
According to Wall Street analysts Teekay Tankers’s price is currently Undervalued.
Does Teekay Tankers pay dividends?
Teekay Tankers pays a Thriceyearly dividend of $3 which represents an annual dividend yield of 2.44%. See more information on Teekay Tankers dividends here
What is Teekay Tankers’s EPS estimate?
Teekay Tankers’s EPS estimate is 1.47.
How many shares outstanding does Teekay Tankers have?
Teekay Tankers has 29,691,591 shares outstanding.
What happened to Teekay Tankers’s price movement after its last earnings report?
Teekay Tankers reported an EPS of $1.84 in its last earnings report, missing expectations of $1.876. Following the earnings report the stock price went down -0.336%.
Which hedge fund is a major shareholder of Teekay Tankers?
Currently, no hedge funds are holding shares in TNK
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Teekay Tankers Stock Smart Score
Neutral
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9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$60.00 (47.60% Upside)
$60.00 (47.60% Upside)
Blogger Sentiment
Bullish
TNK Sentiment 70%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 23.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.1%
Last 30 Days ▼ 10.4%
Last 30 Days ▼ 10.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-26.85%
12-Months-Change
Fundamentals
Return on Equity
26.67%
Trailing 12-Months
Asset Growth
8.22%
Trailing 12-Months
Company Description
Teekay Tankers
Teekay Tankers Ltd. engages in the provision of crude oil and refined petroleum products through the operation of its oil and product tankers. It operates through the Conventional Tanker and Ship-to-Ship (STS) Transfer segment. The Conventional Tanker segment includes the operations of all the tankers, including those employed on full service lightering contracts. The STS Transfer segment offers lightering support services provided to conventional tanker segment as part of the full service lightering operations. The company was founded in October 2007 and is headquartered in Hamilton, Bermuda.
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TNK Company Deck
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TNK Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, strategic acquisitions, and a robust balance sheet, while also acknowledging some seasonal downturns and market challenges. The outlook for the tanker market remains optimistic, with expectations of firm rates through the winter.Read More>---
TNK Stock 12 Month Forecast
Average Price Target
$60.00
▲(47.60% Upside)
Technical Analysis
DHT Holdings
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Frontline
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Nordic American Tanker
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Scorpio Tankers
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International Seaways
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Best Analysts Covering TNK
1 Year
1 Year Success Rate
12/18 ratings generated profit
1 Year Average Return
+53.14%
reiterated a buy rating 4 months ago
Copying Jonathan Chappell's trades and holding each position for 1 Year would result in 66.67% of your transactions generating a profit, with an average return of +53.14% per trade.
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