Media stories about Tsakos Energy Navigation (NYSE:TNP) have trended somewhat positive on Wednesday, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tsakos Energy Navigation earned a news impact score of 0.05 on Accern’s scale. Accern also gave news coverage about the shipping company an impact score of 46.3414536350449 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Trading Watch: Following the 12.77% Price Performance for Tsakos Energy Navigation Ltd (TNP) – Dunbar Standard (dunbarstandard.com)
- TEN LTD Celebrates 25 Years as a Public Company and Rings the Opening Bell at the New York Stock Exchange on Wednesday, March 14th, 2018 at 9:30AM ET (finance.yahoo.com)
- Seaport Global Securities Comments on Tsakos Energy Navigation Ltd.’s Q2 2018 Earnings (TNP) (americanbankingnews.com)
- Tsakos Energy Navigation (TNP) Given New $5.00 Price Target at Maxim Group (americanbankingnews.com)
- What analyst predict for Tsakos Energy Navigation Ltd NYSE:TNP ? (stockmarketdaily.co)
TNP has been the topic of several recent research reports. Maxim Group lowered their price target on shares of Tsakos Energy Navigation from $6.00 to $5.00 and set a “buy” rating on the stock in a research report on Tuesday. Jefferies Group began coverage on shares of Tsakos Energy Navigation in a research report on Monday, December 18th. They issued a “buy” rating and a $6.00 target price on the stock. Stifel Nicolaus set a $6.00 target price on shares of Tsakos Energy Navigation and gave the company a “buy” rating in a research report on Wednesday, January 24th. Morgan Stanley decreased their target price on shares of Tsakos Energy Navigation from $5.50 to $4.00 and set an “overweight” rating on the stock in a research report on Monday, February 12th. Finally, ValuEngine cut shares of Tsakos Energy Navigation from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $5.00.
Tsakos Energy Navigation (NYSE:TNP) last issued its quarterly earnings results on Monday, March 12th. The shipping company reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.04) by $0.07. The company had revenue of $106.64 million for the quarter, compared to analyst estimates of $110.06 million. Tsakos Energy Navigation had a net margin of 1.44% and a return on equity of 1.34%. equities analysts forecast that Tsakos Energy Navigation will post 0.11 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, May 10th. Investors of record on Thursday, May 3rd will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Wednesday, May 2nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 5.56%. Tsakos Energy Navigation’s payout ratio is -111.10%.
ILLEGAL ACTIVITY WARNING: “Tsakos Energy Navigation (TNP) Getting Somewhat Positive Media Coverage, Report Shows” was first posted by BBNS and is the property of of BBNS. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece of content can be viewed at https://baseballnewssource.com/2018/03/14/tsakos-energy-navigation-tnp-given-media-sentiment-score-of-0-05/1923605.html.
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. The Company consists of 65 double-hull vessels, constituting a mix of crude tankers, product tankers and liquefied natural gas (LNG) carriers, totaling 7.2 million deadweight.
Receive News & Ratings for Tsakos Energy Navigation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tsakos Energy Navigation and related companies with MarketBeat.com's FREE daily email newsletter.