Headlines about Tsakos Energy Navigation (NYSE:TNP) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tsakos Energy Navigation earned a coverage optimism score of 0.04 on Accern’s scale. Accern also assigned media stories about the shipping company an impact score of 47.0247796484948 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern Sentiment’s analysis:
- Market price of Tsakos Energy Navigation Limited (TNP) share is reasonable or not? – Street Observer (press release) (streetobserver.com)
- Tsakos Energy Navigation Ltd. – Value Analysis (NYSE:TNP) : October 11, 2017 (finance.yahoo.com)
- Tsakos Energy Navigation Ltd. breached its 50 day moving average in a Bearish Manner : TNP-US : October 10, 2017 (finance.yahoo.com)
- What Analysts Recommend for Tsakos Energy Navigation (marketrealist.com)
TNP has been the subject of a number of research analyst reports. Jefferies Group LLC restated a “buy” rating and issued a $6.00 price target on shares of Tsakos Energy Navigation in a research note on Tuesday, July 4th. BidaskClub upgraded shares of Tsakos Energy Navigation from a “sell” rating to a “hold” rating in a research note on Thursday, July 6th. Morgan Stanley dropped their price target on shares of Tsakos Energy Navigation from $6.00 to $5.50 and set an “overweight” rating for the company in a research note on Monday, September 18th. Maxim Group restated a “buy” rating and issued a $6.00 price target on shares of Tsakos Energy Navigation in a research note on Monday, September 18th. Finally, Cowen and Company dropped their price target on shares of Tsakos Energy Navigation from $7.00 to $6.00 and set a “buy” rating for the company in a research note on Friday, September 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $5.57.
Shares of Tsakos Energy Navigation (TNP) traded up 0.23% during mid-day trading on Thursday, hitting $4.45. 123,823 shares of the company were exchanged. The stock’s 50-day moving average price is $4.51 and its 200 day moving average price is $4.62. Tsakos Energy Navigation has a 12-month low of $3.92 and a 12-month high of $5.28. The stock has a market cap of $375.45 million, a PE ratio of 22.59 and a beta of 1.70.
Tsakos Energy Navigation (NYSE:TNP) last posted its quarterly earnings data on Friday, September 15th. The shipping company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.08). Tsakos Energy Navigation had a net margin of 6.86% and a return on equity of 2.39%. The business had revenue of $104.06 million during the quarter, compared to the consensus estimate of $108.51 million. On average, equities analysts anticipate that Tsakos Energy Navigation will post $0.18 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 15th. Stockholders of record on Thursday, November 9th will be given a $0.05 dividend. The ex-dividend date is Wednesday, November 8th. This represents a $0.20 annualized dividend and a dividend yield of 4.49%. Tsakos Energy Navigation’s dividend payout ratio is 95.24%.
About Tsakos Energy Navigation
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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