Market Watch Highlights: Tsakos Energy Navigation Limited (TEN) Ends on an Downturn Note at 17.36

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As of close of business last night, Tsakos Energy Navigation Limited’s stock clocked out at $17.36, down -1.53% from its previous closing price of $17.63. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 0.14 million shares were traded. TEN stock price reached its highest trading level at $18.015 during the session, while it also had its lowest trading level at $17.27.

Ratios:

To gain a deeper understanding of TEN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.27 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 1.02 whereas as Long-Term Debt/Eq ratio is at 1.02.

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 this company, Alliance Global Partners on December 05, 2024, initiated with a Buy rating and assigned the stock a target price of $40.

On September 12, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $31 to $27.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TEN now has a Market Capitalization of 512217248 and an Enterprise Value of 1905132288. As of this moment, Tsakos’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.17, and their Forward P/E ratio for the next fiscal year is 5.21. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.29. Its current Enterprise Value per Revenue stands at 2.279 whereas that against EBITDA is 4.824.

Stock Price History:

The Beta on a monthly basis for TEN is -0.34, which has changed by -0.27817047 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, TEN has reached a high of $31.48, while it has fallen to a 52-week low of $15.88. The 50-Day Moving Average of the stock is -3.26%, while the 200-Day Moving Average is calculated to be -26.79%.

Shares Statistics:

It appears that TEN traded 349.34K shares on average per day over the past three months and 201460 shares per day over the past ten days. A total of 29.51M shares are outstanding, with a floating share count of 21.13M. Insiders hold about 28.38% of the company’s shares, while institutions hold 18.06% stake in the company. Shares short for TEN as of 1738281600 were 668961 with a Short Ratio of 1.91, compared to 1735603200 on 509305. Therefore, it implies a Short% of Shares Outstanding of 668961 and a Short% of Float of 3.11.

Dividends & Splits

With its trailing 12-month dividend rate of 0.9, TEN has a forward annual dividend rate of 1.50. Against a Trailing Annual Dividend Yield of 0.051049348The stock’s 5-year Average Dividend Yield is 2.96. The current Payout Ratio is 6.64% for TEN, which recently paid a dividend on 2024-12-16 with an ex-dividend date of 1734307200. Stock splits for the company last occurred on 2020-07-01 when the company split stock in a 1:5 ratio.

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