TSAKOS ENERGY NAVIGATION LTD (TNP) Forecast, Price Target & Analyst Ratings
NYSE:TNP • BMG9108L1735
29.28 USD
-0.16 (-0.54%)
At close: Jun 28, 2024
29.28 USD
0 (0%)
After Hours: 6/28/2024, 8:04:00 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for TSAKOS ENERGY NAVIGATION LTD (TNP).
Forecast Snapshot
Consensus Price Target
$35.70
+ 21.93% Upside
Next Earnings Forecast
Release DateSep 5, 2024
PeriodQ4 / 2024
EPS Estimate$3.60
Revenue Estimate265.77M
ChartMill Buy Consensus
86.67%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$35.70
Upside
+ 21.93%
From current price of $29.28 to mean target of $35.70, Based on 6 analyst forecasts
Low
$30.30
Median
$35.70
High
$42.00
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
6 analysts have analysed TNP and the average price target is 35.7 USD. This implies a price increase of 21.93% is expected in the next year compared to the current price of 29.28.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
86.67%
TNP was analyzed by 6 analysts. The buy percentage consensus is at 87. So analysts seem to be very confident about TNP.
In the previous month the buy percentage consensus was at a similar level.
TNP was analyzed by 6 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-03-27 | Jefferies | Maintains | Buy -> Buy |
| 2024-03-21 | Jefferies | Maintains | Buy -> Buy |
| 2023-11-21 | Jefferies | Reiterate | Buy -> Buy |
| 2023-08-31 | Jefferies | Reiterate | Buy -> Buy |
| 2023-05-31 | Jefferies | Reiterate | Buy -> Buy |
| 2023-03-07 | Jefferies | Maintains | Buy |
| 2022-11-29 | Jefferies | Maintains | Buy |
| 2022-09-06 | Jefferies | Upgrade | Hold -> Buy |
| 2021-12-16 | Jefferies | Maintains | Buy |
| 2021-03-29 | HC Wainwright & Co. | Initiate | Buy |
| 2021-03-24 | Jefferies | Maintains | Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateSep 5, 2024
PeriodQ4 / 2024
EPS Estimate$3.60
Revenue Estimate265.77M
Revenue Q2Q20.67%
EPS Q2Q323.07%
Number of Analysts3
Next Earnings Revisions
Revenue (1 Month)
6.06%
Revenue (3 Months)
9.19%
EPS (1 Month)
-29.00%
EPS (3 Months)
-25.40%
Next Earnings Summary
TNP is expected to report earnings on 9/5/2024. The consensus EPS estimate for the next earnings is 3.6 USD and the consensus revenue estimate is 265.77M USD.
The next earnings revenue estimate has been revised upward by 9.19% in the past 3 months. Upward revisions are a positive sign and indicate that analysts are more optimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 546.1M -15.22% | 860.4M 57.55% | 889.566M 3.39% | 860.29M -3.29% | 877.98M 2.06% | 927.44M 5.63% | |
| EBITDA YoY % growth | 102.4M -60.49% | 383.9M 274.90% | 459.785M 19.77% | 527.62M 14.75% | 553.58M 4.92% | 607.16M 9.68% | |
| EBIT YoY % growth | -27.7M -121.00% | 256.8M 1,027.08% | 336.668M 31.10% | 383.02M 13.77% | 393.32M 2.69% | 429.01M 9.07% | |
| Operating Margin | -5.07% | 29.85% | 37.85% | 44.52% | 44.80% | 46.26% | |
| EPS YoY % growth | -5.03 -839.71% | 5.84 216.10% | 6.27 7.36% | 9.85 57.14% | 10.58 7.42% | 12.82 21.09% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 3.60 323.07% | 2.17 35.85% | 2.01 17.84% | 2.03 203.68% | 4.36 21.37% | 3.03 39.27% | 3.24 61.13% | 3.50 72.10% | 3.54 -18.92% |
| Revenue Q2Q % growth | 265.77M 20.67% | 201.75M 0.08% | 204.51M -5.38% | 207.36M 3.60% | 210.39M -20.84% | 212M 5.08% | 218.05M 6.62% | 220.45M 6.31% | 220.45M 4.78% |
| EBITDA Q2Q % growth | 181.42M -12.04% | 144.53M 25.53% | 144.73M 15.70% | 155.24M 16.27% | 157.46M -13.21% | 165.64M 14.61% | 172.31M 19.06% | 179.88M 15.87% | 178.87M 13.60% |
| EBIT Q2Q % growth | 163.19M 96.27% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
26.91%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
3.83%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
16.36%
EBIT Next 5 Year
N/A
TSAKOS ENERGY NAVIGATION LTD / TNP Forecast FAQ
What is the average price target for TSAKOS ENERGY NAVIGATION LTD (TNP) stock?
6 analysts have analysed TNP and the average price target is 35.7 USD. This implies a price increase of 21.93% is expected in the next year compared to the current price of 29.28.
Can you provide the upcoming earnings date for TSAKOS ENERGY NAVIGATION LTD?
TSAKOS ENERGY NAVIGATION LTD (TNP) will report earnings on 2024-09-05, after the market close.
What are the consensus estimates for TNP stock next earnings?
The consensus EPS estimate for the next earnings of TSAKOS ENERGY NAVIGATION LTD (TNP) is 3.6 USD and the consensus revenue estimate is 265.77M USD.
What is the expected long term growth rate for TSAKOS ENERGY NAVIGATION LTD (TNP)?
The expected long term growth rate for TSAKOS ENERGY NAVIGATION LTD (TNP) is 3.83%.