Teekay Tankers/TNK

$57.68

-1.97%
-
1D1W1MYTD1YMAX

About Teekay Tankers

Teekay Tankers Ltd. is a provider of marine transportation to global oil industries. The Company is engaged in the business of owning and operating crude oil and product tankers. It provides vessel operation services for various vessels under the contracts with the Australian Government. Under these contracts the Company delivers all constituent support capabilities: vessel operations, engineering support, maintenance support, supply support, crewing and training and provide support services. The Company owns a fleet of approximately 45 double-hull tankers, including 25 Suezmax tankers, 10 Aframax tankers and nine LR2 product tankers. The Company also owns a very large crude carrier (VLCC) through a 50% owned joint venture. Its tanker segment consists of the operation of its tankers, including the operations from those tankers employed on full-service lightering contracts and the United State based ship-to-ship support service operations, including its lightering support services.

Ticker

TNK

Sector

Energy

Trading on

NYSE

Industry

Water Transportation

CEO

Kevin Mackay

Employees

0

Teekay Tankers Metrics

BasicAdvanced
$2.01B
Market cap
3.96
P/E ratio
$14.86
EPS
-0.28
Beta
$0.75
Dividend rate
1.7%
Dividend yield
$2.01B
-0.28488
$64.42
$35.00
452.94K
$0.75
4.405
4.022
7.805
9.149
11.59%
3.049
42.61%
28.09%
39.58%
30.69%
3.959
1.47
1.315
1.317
3.35
1.27%
1.7%
28.35%
123.54%
15.46%
79.03%

What the Analysts think about Teekay Tankers

Analyst Ratings

Majority rating from 7 analysts.
Buy

Price Targets

Average projection from 6 analysts.
21.06% upside
High $74.00
Low $64.00
$57.68
Current price
$69.83
Average price target

Teekay Tankers Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
35.63% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$313.2M
9.59%
Net income
$111.6M
37.27%
Profit margin
35.63%
25.28%

Teekay Tankers Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 16.23%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$5.13
$4.38
$2.24
$2.91
-
Expected
$4.38
$4.42
$2.03
$3.47
$3.87
Surprise
17.08%
-0.93%
10.14%
-16.23%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Teekay Tankers stock?

Teekay Tankers (TNK) has a market cap of $2.01B as of April 14, 2024.

What is the P/E ratio for Teekay Tankers stock?

The price to earnings (P/E) ratio for Teekay Tankers (TNK) stock is 3.96 as of April 14, 2024.

Does Teekay Tankers stock pay dividends?

Yes, the Teekay Tankers (TNK) stock pays dividends to shareholders. As of April 14, 2024, the dividend rate is $0.75 and the yield is 1.7%. Teekay Tankers has a payout ratio of 11.59% on a trailing twelve-month basis.

When is the next Teekay Tankers dividend payment date?

The next Teekay Tankers (TNK) dividend payment date is unconfirmed.

What is the beta indicator for Teekay Tankers?

Teekay Tankers (TNK) has a beta rating of -0.28. This means that it has an inverse relation to market volatility.

What is the Teekay Tankers stock price target?

The target price for Teekay Tankers (TNK) stock is $69.83, which is 21.06% above the current price of $57.68. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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