Tsakos Energy Earnings Estimate
| TEN Stock | USD 23.19 0.27 1.15% |
Tsakos Energy Revenue Breakdown by Earning Segment
By analyzing Tsakos Energy's earnings estimates, investors can diagnose different trends across Tsakos Energy's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Tsakos Energy's Gross Profit is very stable compared to the past year. As of the 9th of September 2024, Pretax Profit Margin is likely to grow to 0.36, while Gross Profit Margin is likely to drop 0.23.
Tsakos |
Tsakos Energy Earnings Estimation Breakdown
The calculation of Tsakos Energy's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Tsakos Energy is estimated to be 1.24 with the future projection ranging from a low of 1.19 to a high of 1.3. Please be aware that this consensus of annual earnings estimates for Tsakos Energy Navigation is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.19 Lowest | Expected EPS | 1.30 Highest |
Tsakos Energy Earnings Projection Consensus
Suppose the current estimates of Tsakos Energy's value are higher than the current market price of the Tsakos Energy stock. In this case, investors may conclude that Tsakos Energy is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Tsakos Energy's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of June 2024 | Current EPS (TTM) | |
| 13 | 76.95% | 1.6 | 1.24 | 4.95 |
Tsakos Energy Earnings per Share Projection vs Actual
Actual Earning per Share of Tsakos Energy refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Tsakos Energy Navigation predict the company's earnings will be in the future. The higher the earnings per share of Tsakos Energy, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Tsakos Energy Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Tsakos Energy, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Tsakos Energy should always be considered in relation to other companies to make a more educated investment decision.Tsakos Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Tsakos Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-06-24 | 2024-03-31 | 1.47 | 1.6 | 0.13 | 8 | ||
2024-03-27 | 2023-12-31 | 1.71 | 0.85 | -0.86 | 50 | ||
2023-11-21 | 2023-09-30 | 0.83 | 0.83 | 0.0 | 0 | ||
2023-09-07 | 2023-06-30 | 1.6 | 1.65 | 0.05 | 3 | ||
2023-05-30 | 2023-03-31 | 2.79 | 2.94 | 0.15 | 5 | ||
2023-03-16 | 2022-12-31 | 3.1 | 3.17 | 0.07 | 2 | ||
2022-11-22 | 2022-09-30 | 2.19 | 1.48 | -0.71 | 32 | ||
2022-09-14 | 2022-06-30 | 1.53 | 1.31 | -0.22 | 14 | ||
2022-06-30 | 2022-03-31 | -0.21 | -0.12 | 0.09 | 42 | ||
2022-03-21 | 2021-12-31 | -0.61 | -1.11 | -0.5 | 81 | ||
2021-12-16 | 2021-09-30 | -1.21 | -1.72 | -0.51 | 42 | ||
2021-09-29 | 2021-06-30 | -1.25 | -1.49 | -0.24 | 19 | ||
2021-06-29 | 2021-03-31 | -0.85 | -0.71 | 0.14 | 16 | ||
2021-03-24 | 2020-12-31 | -0.88 | -1.27 | -0.39 | 44 | ||
2020-11-23 | 2020-09-30 | -0.32 | -0.42 | -0.1 | 31 | ||
2020-09-23 | 2020-06-30 | 2.11 | 1.77 | -0.34 | 16 | ||
2020-06-11 | 2020-03-31 | 2.01 | 0.6 | -1.41 | 70 | ||
2020-03-24 | 2019-12-31 | 1.56 | 1.7 | 0.14 | 8 | ||
2019-11-26 | 2019-09-30 | -0.62 | -1.1 | -0.48 | 77 | ||
2019-09-06 | 2019-06-30 | -0.65 | -0.7 | -0.05 | 7 | ||
2019-06-06 | 2019-03-31 | 0.02 | 0.05 | 0.03 | 150 | ||
2019-03-29 | 2018-12-31 | -0.02 | -4.2 | -4.18 | 20900 | ||
2018-11-30 | 2018-09-30 | -1.07 | -1.4 | -0.33 | 30 | ||
2018-09-07 | 2018-06-30 | -0.95 | -0.9 | 0.05 | 5 | ||
2018-06-15 | 2018-03-31 | -0.6 | -0.9 | -0.3 | 50 | ||
2018-03-12 | 2017-12-31 | -0.26 | -0.25 | 0.01 | 3 | ||
2017-11-30 | 2017-09-30 | -0.49 | -0.6 | -0.11 | 22 | ||
2017-09-15 | 2017-06-30 | 0.17 | -0.15 | -0.32 | 188 | ||
2017-05-12 | 2017-03-31 | 0.52 | 0.8 | 0.28 | 53 | ||
2017-03-17 | 2016-12-31 | 0.32 | 0.5 | 0.18 | 56 | ||
2016-11-29 | 2016-09-30 | 0.11 | -0.1 | -0.21 | 190 | ||
2016-09-09 | 2016-06-30 | 0.74 | 0.75 | 0.01 | 1 | ||
2016-05-31 | 2016-03-31 | 1.17 | 1.25 | 0.08 | 6 | ||
2016-03-15 | 2015-12-31 | 1.9 | 0.41 | -1.49 | 78 | ||
2015-11-06 | 2015-09-30 | 1.88 | 1.95 | 0.07 | 3 | ||
2015-07-31 | 2015-06-30 | 2.11 | 2.25 | 0.14 | 6 | ||
2015-05-22 | 2015-03-31 | 1.9 | 2.1 | 0.2 | 10 | ||
2015-03-19 | 2014-12-31 | 0.72 | 0.7 | -0.02 | 2 | ||
2014-11-21 | 2014-09-30 | 0.18 | 0.2 | 0.02 | 11 | ||
2014-08-04 | 2014-06-30 | -0.12 | -0.1 | 0.02 | 16 | ||
2014-05-16 | 2014-03-31 | 0.59 | 0.95 | 0.36 | 61 | ||
2014-03-17 | 2013-12-31 | -0.44 | -0.65 | -0.21 | 47 | ||
2013-11-22 | 2013-09-30 | -0.32 | -0.2 | 0.12 | 37 | ||
2013-08-02 | 2013-06-30 | -0.2 | -0.2 | 0.0 | 0 | ||
2013-04-19 | 2013-03-31 | -0.92 | -2.0 | -1.08 | 117 | ||
2012-11-21 | 2012-09-30 | -0.94 | -0.9 | 0.04 | 4 | ||
2012-08-03 | 2012-06-30 | -0.79 | -0.5 | 0.29 | 36 | ||
2012-05-25 | 2012-03-31 | -1.16 | -0.95 | 0.21 | 18 | ||
2012-03-16 | 2011-12-31 | -2.07 | -6.15 | -4.08 | 197 | ||
2011-11-18 | 2011-09-30 | -1.98 | -2.6 | -0.62 | 31 | ||
2011-07-28 | 2011-06-30 | -1.14 | -1.85 | -0.71 | 62 | ||
2011-05-11 | 2011-03-31 | 0.21 | 0.35 | 0.14 | 66 | ||
2011-03-14 | 2010-12-31 | -1.07 | 0.05 | 1.12 | 104 | ||
2010-11-23 | 2010-09-30 | -0.64 | -0.65 | -0.01 | 1 | ||
2010-08-05 | 2010-06-30 | 0.45 | 0.35 | -0.1 | 22 | ||
2010-05-18 | 2010-03-31 | 0.77 | 0.7 | -0.07 | 9 | ||
2010-03-17 | 2009-12-31 | -0.19 | 0.3 | 0.49 | 257 | ||
2009-11-06 | 2009-09-30 | -0.11 | 0.3 | 0.41 | 372 | ||
2009-08-05 | 2009-06-30 | 1.54 | 2.55 | 1.01 | 65 | ||
2009-05-18 | 2009-03-31 | 3.13 | 3.3 | 0.17 | 5 | ||
2009-03-19 | 2008-12-31 | 3.81 | 3.7 | -0.11 | 2 | ||
2008-11-10 | 2008-09-30 | 5.19 | 5.4 | 0.21 | 4 | ||
2008-08-01 | 2008-06-30 | 6.85 | 9.1 | 2.25 | 32 | ||
2008-05-21 | 2008-03-31 | 4.32 | 4.0 | -0.32 | 7 | ||
2008-03-18 | 2007-12-31 | 2.59 | 2.8 | 0.21 | 8 | ||
2007-11-05 | 2007-09-30 | 2.8 | 2.38 | -0.42 | 15 | ||
2007-08-03 | 2007-06-30 | 4.52 | 4.9 | 0.38 | 8 | ||
2007-05-22 | 2007-03-31 | 3.85 | 4.88 | 1.03 | 26 | ||
2007-03-12 | 2006-12-31 | 3.69 | 3.55 | -0.14 | 3 | ||
2006-11-08 | 2006-09-30 | 4.26 | 4.1 | -0.16 | 3 | ||
2006-08-04 | 2006-06-30 | 3.49 | 4.33 | 0.84 | 24 | ||
2006-05-19 | 2006-03-31 | 5.45 | 5.48 | 0.03 | 0 | ||
2006-03-02 | 2005-12-31 | 5.08 | 5.25 | 0.17 | 3 | ||
2005-11-04 | 2005-09-30 | 2.35 | 2.45 | 0.1 | 4 | ||
2005-08-04 | 2005-06-30 | 3.05 | 2.78 | -0.27 | 8 | ||
2005-05-05 | 2005-03-31 | 4.15 | 4.3 | 0.15 | 3 | ||
2005-02-24 | 2004-12-31 | 5.3 | 5.15 | -0.15 | 2 | ||
2004-11-04 | 2004-09-30 | 2.85 | 3.15 | 0.3 | 10 | ||
2004-08-04 | 2004-06-30 | 2.53 | 2.88 | 0.35 | 13 | ||
2004-05-10 | 2004-03-31 | 4.26 | 4.83 | 0.57 | 13 | ||
2004-02-26 | 2003-12-31 | 1.94 | 2.08 | 0.14 | 7 | ||
2003-11-07 | 2003-09-30 | 1.3 | 1.18 | -0.12 | 9 | ||
2003-07-31 | 2003-06-30 | 2.2 | 2.7 | 0.5 | 22 | ||
2003-05-08 | 2003-03-31 | 2.5 | 2.65 | 0.15 | 6 | ||
2003-02-27 | 2002-12-31 | 0.95 | 0.93 | -0.02 | 2 |
About Tsakos Energy Earnings Estimate
The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Tsakos Energy earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Tsakos Energy estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Tsakos Energy fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.| Last Reported | Projected for Next Year | ||
| Retained Earnings | 548.2 M | 437.4 M | |
| Earnings Yield | 0.45 | 0.47 | |
| Price Earnings Ratio | 2.22 | 2.33 | |
| Price Earnings To Growth Ratio | 0.04 | 0.08 |
Pair Trading with Tsakos Energy
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tsakos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tsakos Energy will appreciate offsetting losses from the drop in the long position's value.Moving together with Tsakos Stock
Moving against Tsakos Stock
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| 0.8 | PBA | Pembina Pipeline Corp | PairCorr |
The ability to find closely correlated positions to Tsakos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tsakos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tsakos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tsakos Energy Navigation to buy it.
The correlation of Tsakos Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tsakos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tsakos Energy Navigation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tsakos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Information and Resources on Investing in Tsakos Stock
When determining whether Tsakos Energy Navigation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tsakos Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tsakos Energy Navigation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tsakos Energy Navigation Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tsakos Energy Navigation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tsakos Energy. If investors know Tsakos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tsakos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.72) | Earnings Share 4.95 | Revenue Per Share 28.128 | Quarterly Revenue Growth (0.23) | Return On Assets 0.0503 |
The market value of Tsakos Energy Navigation is measured differently than its book value, which is the value of Tsakos that is recorded on the company's balance sheet. Investors also form their own opinion of Tsakos Energy's value that differs from its market value or its book value, called intrinsic value, which is Tsakos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tsakos Energy's market value can be influenced by many factors that don't directly affect Tsakos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tsakos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tsakos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tsakos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.