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

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

Tsakos Energy Navigation Price Performance

NYSE TEN opened at $17.07 on Thursday. The company has a market capitalization of $503.55 million, a PE ratio of 3.11 and a beta of -0.31. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.28 and a current ratio of 1.32. The business’s fifty day moving average is $17.46 and its 200 day moving average is $20.06. Tsakos Energy Navigation has a fifty-two week low of $15.05 and a fifty-two week high of $30.40.

Analyst Ratings Changes

A number of equities research analysts have commented on TEN shares. Jefferies Financial Group decreased their price target on Tsakos Energy Navigation from $24.00 to $22.00 and set a “hold” rating on the stock in a report on Tuesday, November 26th. Alliance Global Partners started coverage on Tsakos Energy Navigation in a report on Thursday, December 5th. They set a “buy” rating and a $40.00 price target on the stock. Finally, StockNews.com raised Tsakos Energy Navigation from a “sell” rating to a “hold” rating in a report 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.