TSAKOS ENERGY NAVIGATION LTD (TNP) Forecast, Price Target & Analyst Ratings

NYSE:TNP • BMG9108L1735

Current stock price

29.28 USD
-0.16 (-0.54%)
At close:
29.28 USD
0 (0%)
After Hours:

Analyst forecast overview

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

Price Target
$35.70
+ 21.93% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Sep 5, 2024
Period
Q4 / 2024
EPS Estimate
$3.60
Revenue Estimate
265.77M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
86.67%
Weighted Analyst Rating Score
→ Analyst Ratings details

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 Wall Street analysts provided a forecast for the next 12 months for TNP. 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.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

TNP Current Analyst RatingTNP Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

TNP Historical Analyst RatingsTNP Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 1 2 3 4 5

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.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2024-03-27JefferiesMaintains Buy -> Buy
2024-03-21JefferiesMaintains Buy -> Buy
2023-11-21JefferiesReiterate Buy -> Buy
2023-08-31JefferiesReiterate Buy -> Buy
2023-05-31JefferiesReiterate Buy -> Buy
2023-03-07JefferiesMaintains Buy
2022-11-29JefferiesMaintains Buy
2022-09-06JefferiesUpgrade Hold -> Buy
2021-12-16JefferiesMaintains Buy
2021-03-29HC Wainwright & Co.Initiate Buy
2021-03-24JefferiesMaintains Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Sep 5, 2024
Period
Q4 / 2024
EPS Estimate
$3.60
Revenue Estimate
265.77M
Revenue Q2Q
20.67%
EPS Q2Q
323.07%
Number of Analysts
3

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.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2024 - 2026

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2021 2022 2023 2024 2025 2026
Revenue
YoY % growth
TNP revenue by date.TNP revenue by date.
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
TNP ebitda by date.TNP ebitda by date.
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
TNP ebit by date.TNP ebit by date.
-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
TNP operating margin by date.TNP operating margin by date.
-5.07%29.85%37.85%44.52%44.80%46.26%
EPS
YoY % growth
TNP eps by date.TNP eps by date.
-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/AN/AN/AN/AN/AN/AN/AN/A

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

TNP Yearly Revenue VS EstimatesTNP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 200M 400M 600M 800M
TNP Yearly EPS VS EstimatesTNP Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0 5 -5 10

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
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

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%.