Press coverage about Tsakos Energy Navigation (NYSE:TNP) has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tsakos Energy Navigation earned a news impact score of 0.12 on Accern’s scale. Accern also assigned news articles about the shipping company an impact score of 45.8029789676823 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
TNP has been the subject of a number of research analyst reports. Stifel Nicolaus set a $7.00 price target on Tsakos Energy Navigation and gave the company a “buy” rating in a report on Sunday, October 29th. Maxim Group reaffirmed a “buy” rating and issued a $6.00 price target on shares of Tsakos Energy Navigation in a report on Monday, September 18th. Jefferies Group reaffirmed a “buy” rating and issued a $6.00 price target on shares of Tsakos Energy Navigation in a report on Monday, October 16th. BidaskClub raised Tsakos Energy Navigation from a “strong sell” rating to a “sell” rating in a report on Friday, August 25th. Finally, Morgan Stanley lowered their price target on Tsakos Energy Navigation from $6.00 to $5.50 and set an “overweight” rating for the company in a report on Monday, September 18th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the stock. Tsakos Energy Navigation presently has an average rating of “Buy” and an average target price of $5.50.
Shares of Tsakos Energy Navigation (NYSE:TNP) traded up $0.23 on Monday, reaching $4.49. The company had a trading volume of 1,237,489 shares, compared to its average volume of 351,752. The company has a debt-to-equity ratio of 1.02, a current ratio of 1.03 and a quick ratio of 0.99. Tsakos Energy Navigation has a 52-week low of $3.82 and a 52-week high of $5.28. The firm has a market capitalization of $361.62, a P/E ratio of 38.73, a price-to-earnings-growth ratio of 3.38 and a beta of 1.51.
Tsakos Energy Navigation (NYSE:TNP) last issued its quarterly earnings data on Thursday, November 30th. The shipping company reported ($0.12) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.10) by ($0.02). Tsakos Energy Navigation had a net margin of 5.64% and a return on equity of 2.02%. The firm had revenue of $96.92 million during the quarter, compared to analysts’ expectations of $101.62 million. equities research analysts predict that Tsakos Energy Navigation will post 0.13 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 29th. Shareholders of record on Thursday, December 21st will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 4.45%. The ex-dividend date of this dividend is Wednesday, December 20th. Tsakos Energy Navigation’s dividend payout ratio is currently 181.82%.
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Tsakos Energy Navigation Company Profile
Tsakos Energy Navigation Ltd is a provider of international seaborne crude oil and petroleum product transportation services. The Company operates through maritime transportation of liquid energy related products segment. It operates a fleet of approximately 57 modern crude oil and petroleum product tankers that provide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters.
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