Earnings and Growth Analysis : TSAKOS ENERGY N/SH (NYSE:TNP)

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Earnings results for TSAKOS ENERGY N/SH (NYSE:TNP)

Tsakos Energy Navigation Ltd is estimated to report earnings on 09/04/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $2.11. The reported EPS for the same quarter last year was $-0.7.

TSAKOS ENERGY N/SH last issued its quarterly earnings data on June 11th, 2020. The shipping company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $2.05 by $1.45. The company had revenue of $146.19 million for the quarter, compared to the consensus estimate of $155.94 million. TSAKOS ENERGY N/SH has generated ($0.05) earnings per share over the last year. TSAKOS ENERGY N/SH has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Friday, September 4th, 2020 based off prior year’s report dates.

Analyst Opinion on TSAKOS ENERGY N/SH (NYSE:TNP)

1 Wall Street analysts have issued ratings and price targets for TSAKOS ENERGY N/SH in the last 12 months. Their average twelve-month price target is $12.50, predicting that the stock has a possible upside of 45.35%. The high price target for TNP is $12.50 and the low price target for TNP is $12.50. There are currently 1 hold rating for the stock, resulting in a consensus rating of “Hold.”

TSAKOS ENERGY N/SH has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $12.50, TSAKOS ENERGY N/SH has a forecasted upside of 45.3% from its current price of $8.60. TSAKOS ENERGY N/SH has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: TSAKOS ENERGY N/SH (NYSE:TNP)

TSAKOS ENERGY N/SH is a leading dividend payer. It pays a dividend yield of 7.39%, putting its dividend yield in the top 25% of dividend-paying stocks. TSAKOS ENERGY N/SH has only been increasing its dividend for 1 years. Based on earnings estimates, TSAKOS ENERGY N/SH will have a dividend payout ratio of 14.86% next year. This indicates that TSAKOS ENERGY N/SH will be able to sustain or increase its dividend.

Insiders buying/selling: TSAKOS ENERGY N/SH (NYSE:TNP)

In the past three months, TSAKOS ENERGY N/SH insiders have not sold or bought any company stock. Only 1.00% of the stock of TSAKOS ENERGY N/SH is held by insiders.

Earnings and Valuation of TSAKOS ENERGY N/SH (NYSE:TNP

Earnings for TSAKOS ENERGY N/SH are expected to grow by 20.80% in the coming year, from $3.51 to $4.24 per share. The P/E ratio of TSAKOS ENERGY N/SH is -8.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of TSAKOS ENERGY N/SH is -8.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. TSAKOS ENERGY N/SH has a P/B Ratio of 0.11. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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