TSAKOS ENERGY N/SH (NYSE:TNP) announced a dividend on Tuesday, November 26th, Fidelity reports. Investors of record on Thursday, December 12th will be paid a dividend of 0.05 per share by the shipping company on Wednesday, December 18th. The ex-dividend date is Wednesday, December 11th.

Shares of TNP stock opened at $3.71 on Monday. The stock has a market cap of $332.46 million, a price-to-earnings ratio of -4.82 and a beta of 1.28. The stock has a 50-day moving average of $3.58 and a 200-day moving average of $3.25. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 0.94. TSAKOS ENERGY N/SH has a 1-year low of $2.56 and a 1-year high of $4.00.

TSAKOS ENERGY N/SH (NYSE:TNP) last announced its earnings results on Tuesday, November 26th. The shipping company reported ($0.22) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.13) by ($0.09). TSAKOS ENERGY N/SH had a negative net margin of 10.62% and a positive return on equity of 0.33%. The company had revenue of $100.87 million during the quarter, compared to the consensus estimate of $106.83 million. Sell-side analysts forecast that TSAKOS ENERGY N/SH will post 0.12 earnings per share for the current year.

A number of research firms have issued reports on TNP. ValuEngine upgraded TSAKOS ENERGY N/SH from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Zacks Investment Research upgraded shares of TSAKOS ENERGY N/SH from a “sell” rating to a “hold” rating in a research note on Tuesday, October 22nd. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. TSAKOS ENERGY N/SH currently has an average rating of “Hold” and an average target price of $4.00.

TSAKOS ENERGY N/SH Company Profile

Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. As of April 20, 2018, it operated a fleet of 64 double-hull vessels, including 59 conventional tankers, 2 liquefied natural gas carriers, and 3 suezmax DP2 shuttle tankers.

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Dividend History for TSAKOS ENERGY N/SH (NYSE:TNP)

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