Media headlines about Tsakos Energy Navigation (NYSE:TNP) have trended somewhat positive on Wednesday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tsakos Energy Navigation earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the shipping company an impact score of 49.5739523227658 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:

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Tsakos Energy Navigation (NYSE TNP) opened at $3.62 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 1.03 and a debt-to-equity ratio of 1.02. Tsakos Energy Navigation has a one year low of $3.11 and a one year high of $5.27. The firm has a market capitalization of $314.93, a P/E ratio of -20.11, a P/E/G ratio of 3.37 and a beta of 1.37.

Tsakos Energy Navigation (NYSE:TNP) last issued its quarterly earnings data on Monday, March 12th. The shipping company reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.04) by $0.07. The business had revenue of $106.64 million for the quarter, compared to the consensus estimate of $110.06 million. Tsakos Energy Navigation had a return on equity of 1.34% and a net margin of 1.44%. research analysts predict that Tsakos Energy Navigation will post 0.11 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 10th. Shareholders of record on Thursday, May 3rd will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date is Wednesday, May 2nd. Tsakos Energy Navigation’s dividend payout ratio (DPR) is currently -111.10%.

TNP has been the topic of a number of recent analyst reports. Maxim Group set a $6.00 price objective on Tsakos Energy Navigation and gave the company a “buy” rating in a research note on Friday, November 17th. Jefferies Group initiated coverage on Tsakos Energy Navigation in a research note on Monday, December 18th. They issued a “buy” rating and a $6.00 price objective on the stock. Zacks Investment Research downgraded Tsakos Energy Navigation from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 20th. Stifel Nicolaus set a $6.00 price objective on Tsakos Energy Navigation and gave the company a “buy” rating in a research note on Wednesday, January 24th. Finally, ValuEngine downgraded Tsakos Energy Navigation from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Three investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $5.00.

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About Tsakos Energy Navigation

Tsakos Energy Navigation Ltd is a provider of international seaborne crude oil and petroleum product transportation services. The Company operates through maritime transportation of liquid energy related products segment. The Company consists of 65 double-hull vessels, constituting a mix of crude tankers, product tankers and liquefied natural gas (LNG) carriers, totaling 7.2 million deadweight.

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