Extremely important negative changes in fundamentals have recently occurred for Tsakos Energy Navigation Ltd (NYSE: TNP): significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.
In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
TNP is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Tsakos Energy Navigation has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Tsakos Energy Navigation has a good Power Rating of 81 and a very high Appreciation Score of 88, leading to the Highest Value Trend Rating.
Recent Price Action
Tsakos Energy Navigation Ltd (NYSE: TNP) stock declined by -4.3% on 7/5/24. The shares closed at $28.23. Moreover, above average trading volume at 120% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -5.0% during the last week.
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