Tsakos Energy Navigation (TEN) Projected to Post Quarterly Earnings on Thursday

Tsakos Energy Navigation (NYSE:TEN) is anticipated to post its quarterly earnings results before the market opens on Thursday, March 27th. Analysts expect Tsakos Energy Navigation to post earnings of $0.40 per share and revenue of $158.71 million for the quarter.

Tsakos Energy Navigation Stock Performance

TEN stock opened at $17.07 on Thursday. The company has a market cap of $503.55 million, a P/E ratio of 3.11 and a beta of -0.31. Tsakos Energy Navigation has a 1 year low of $15.05 and a 1 year high of $30.40. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.32 and a quick ratio of 1.28. The stock’s fifty day moving average price is $17.46 and its 200-day moving average price is $20.06.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Alliance Global Partners assumed coverage on Tsakos Energy Navigation in a research note on Thursday, December 5th. They issued a “buy” rating and a $40.00 price target on the stock. Jefferies Financial Group dropped their price target on Tsakos Energy Navigation from $24.00 to $22.00 and set a “hold” rating on the stock in a research note on Tuesday, November 26th. Finally, StockNews.com upgraded Tsakos Energy Navigation from a “sell” rating to a “hold” rating in a research note on Wednesday, November 27th.

About Tsakos Energy Navigation

Tsakos Energy Navigation Ltd. engages in the provision of seaborne crude oil and petroleum product transportation services. Its activities include the operation of crude tankers, product tankers, and liquefied natural gas carriers. The company was founded by Nikolas P. Tsakos and Michael Gordon Jolliffee in July 1993 and is headquartered in Athens, Greece.