Closing Figures Unveiled: Teekay Tankers Ltd (TNK) Gain 0.06, Closes at $49.2

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Teekay Tankers Ltd (NYSE: TNK) closed the day trading at $49.2 up 0.06% from the previous closing price of $49.17. In other words, the price has increased by $0.06 from its previous closing price. On the day, 0.57 million shares were traded. TNK stock price reached its highest trading level at $50.05 during the session, while it also had its lowest trading level at $48.7511.

Ratios:

For a better understanding of TNK, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.61. For the most recent quarter (mrq), Quick Ratio is recorded 7.61 and its Current Ratio is at 7.86. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on November 13, 2024, Downgraded its rating to Underperform and sets its target price to $46 from $51 previously.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 26 ’25 when DU MOULIN RICHARD T bought 6,347 shares for $40.16 per share.

Antturi Peter bought 1,501 shares of TNK for $60,430 on Feb 24 ’25. On Dec 23 ’24, another insider, DAVID ALFRED SCHELLENBERG, who serves as the Director of the company, bought 6,000 shares for $38.70 each.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TNK now has a Market Capitalization of 1698905600 and an Enterprise Value of 1017811264. As of this moment, Teekay’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.11, and their Forward P/E ratio for the next fiscal year is 7.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.76 while its Price-to-Book (P/B) ratio in mrq is 0.92. Its current Enterprise Value per Revenue stands at 1.021 whereas that against EBITDA is 3.921.

Stock Price History:

The Beta on a monthly basis for TNK is -0.00, which has changed by -0.08431041 over the last 52 weeks, in comparison to a change of 0.16222072 over the same period for the S&P500. Over the past 52 weeks, TNK has reached a high of $61.11, while it has fallen to a 52-week low of $32.64. The 50-Day Moving Average of the stock is 9.96%, while the 200-Day Moving Average is calculated to be 18.29%.

Shares Statistics:

Over the past 3-months, TNK traded about 535.06K shares per day on average, while over the past 10 days, TNK traded about 567630 shares per day. A total of 29.87M shares are outstanding, with a floating share count of 23.79M. Shares short for TNK as of 1755216000 were 815599 with a Short Ratio of 1.52, compared to 1752537600 on 917189. Therefore, it implies a Short% of Shares Outstanding of 815599 and a Short% of Float of 3.4299999999999997.

Dividends & Splits

TNK’s forward annual dividend rate is 0.99, up from 3.0 a year ago. Against a Trailing Annual Dividend Yield of 0.061012816The stock’s 5-year Average Dividend Yield is 6.34. The current Payout Ratio is 8.60% for TNK, which recently paid a dividend on 2025-08-11 with an ex-dividend date of 2025-08-11. Stock splits for the company last occurred on 2019-11-25 when the company split stock in a 1:8 ratio.

Earnings Estimates

The dynamic stock of Teekay Tankers Ltd (TNK) is currently attracting attention from 6.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is $2.18, with high estimates of $2.69 and low estimates of $1.43.

Analysts are recommending an EPS of between $6.8 and $5.1 for the fiscal current year, implying an average EPS of $5.96. EPS for the following year is $6.48, with 6.0 analysts recommending between $8.82 and $4.05.

Revenue Estimates

5 analysts predict $133.6M in revenue for the current quarter. It ranges from a high estimate of $146.2M to a low estimate of $128M. As of the current estimate, Teekay Tankers Ltd’s year-ago sales were $149.29MFor the next quarter, 5 analysts are estimating revenue of $168.35M. There is a high estimate of $181.3M for the next quarter, whereas the lowest estimate is $155M.

A total of 5 analysts have provided revenue estimates for TNK’s current fiscal year. The highest revenue estimate was $701M, while the lowest revenue estimate was $581M, resulting in an average revenue estimate of $619.27M. In the same quarter a year ago, actual revenue was $700.73MBased on 5 analysts’ estimates, the company’s revenue will be $582.31M in the next fiscal year. The high estimate is $639M and the low estimate is $492M.

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