Teekay Tankers (TNK) Stock Forecast, Price Target & Predictions
TNK Stock Forecast
Teekay Tankers stock forecast is as follows: an average price target of $76.00 (represents a 62.81% upside from TNK’s last price of $46.68) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
TNK Price Target
TNK Analyst Ratings
Teekay Tankers Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
May 09, 2024 | Omar Nokta | Jefferies | $76.00 | $63.54 | 19.61% | 62.81% |
Nov 29, 2022 | - | Jefferies | $44.00 | $33.44 | 31.58% | -5.74% |
Aug 04, 2022 | - | Jefferies | $28.00 | $22.69 | 23.40% | -40.02% |
Teekay Tankers Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $76.00 |
Last Closing Price | $46.68 | $46.68 | $46.68 |
Upside/Downside | -100.00% | -100.00% | 62.81% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Aug 01, 2024 | Jefferies | Buy | Buy | Hold |
Aug 01, 2024 | Evercore ISI | Underperform | Underperform | Hold |
Jul 23, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Jun 21, 2024 | Bank of America Securities | Buy | Buy | Hold |
May 10, 2024 | Evercore ISI | Underperform | Underperform | Hold |
May 09, 2024 | Jefferies | Buy | Buy | Hold |
Jan 19, 2024 | Bank of America Securities | - | Buy | Upgrade |
Nov 29, 2022 | Jefferies | Buy | Buy | Hold |
Aug 04, 2022 | Jefferies | Buy | Buy | Hold |
Teekay Tankers Financial Forecast
Teekay Tankers Revenue Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $394.66M | $367.32M | $279.39M | $242.39M | $174.02M | $160.31M | $115.89M | $123.42M | $142.75M | $127.80M | $170.24M |
Avg Forecast | $267.22M | $265.30M | $263.39M | $261.50M | $166.98M | $166.98M | $168.53M | $166.68M | $220.50M | $142.00M | $169.00M | $212.50M | $170.17M | $154.19M | $192.19M | $219.70M | $211.83M | $170.18M | $242.67M | $267.18M | $198.86M | $157.21M | $113.74M | $61.46M | $60.92M | $101.51M | $118.29M | $93.73M | $106.72M | $137.77M |
High Forecast | $305.74M | $303.54M | $301.36M | $299.19M | $191.04M | $191.04M | $192.83M | $190.71M | $252.28M | $162.47M | $193.36M | $214.47M | $194.70M | $162.09M | $192.19M | $251.36M | $242.36M | $258.98M | $277.65M | $305.69M | $227.52M | $157.21M | $113.74M | $61.46M | $60.92M | $101.51M | $118.29M | $93.73M | $106.72M | $137.77M |
Low Forecast | $228.74M | $227.09M | $225.46M | $223.83M | $142.93M | $142.93M | $144.26M | $142.67M | $188.74M | $121.55M | $144.66M | $210.54M | $145.66M | $146.28M | $192.19M | $188.05M | $181.32M | $142.76M | $207.72M | $228.70M | $170.22M | $157.21M | $113.74M | $61.46M | $60.92M | $101.51M | $118.29M | $93.73M | $106.72M | $137.77M |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 7 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.48% | 1.85% | 1.78% | 2.13% | 2.83% | 2.63% | 1.14% | 1.04% | 1.52% | 1.20% | 1.24% |
Teekay Tankers EBITDA Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 7 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $208.19M | $157.82M | $90.63M | $57.77M | $17.03M | $-5.77M | $-18.31M | $-95.07M | $15.96M | $-15.87M | $298.00K |
Avg Forecast | $75.09M | $74.55M | $74.01M | $73.48M | $46.92M | $46.92M | $47.36M | $46.84M | $61.96M | $39.90M | $47.49M | $59.71M | $47.81M | $43.32M | $54.00M | $15.49M | $59.52M | $47.82M | $68.19M | $16.57M | $-7.10M | $44.17M | $31.96M | $17.72M | $17.12M | $28.52M | $33.24M | $18.95M | $29.99M | $38.71M |
High Forecast | $85.91M | $85.29M | $84.68M | $84.07M | $53.68M | $53.68M | $54.18M | $53.59M | $70.89M | $45.65M | $54.33M | $60.26M | $54.71M | $45.55M | $54.00M | $18.59M | $68.10M | $72.77M | $78.02M | $19.88M | $-5.68M | $44.17M | $31.96M | $21.26M | $17.12M | $28.52M | $33.24M | $22.74M | $29.99M | $38.71M |
Low Forecast | $64.27M | $63.81M | $63.35M | $62.89M | $40.16M | $40.16M | $40.53M | $40.09M | $53.03M | $34.15M | $40.65M | $59.16M | $40.93M | $41.10M | $54.00M | $12.39M | $50.95M | $40.11M | $58.37M | $13.25M | $-8.52M | $44.17M | $31.96M | $14.17M | $17.12M | $28.52M | $33.24M | $15.16M | $29.99M | $38.71M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12.57% | -22.23% | 2.05% | 1.81% | 0.96% | -0.34% | -0.64% | -2.86% | 0.84% | -0.53% | 0.01% |
Teekay Tankers Net Income Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 7 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $169.37M | $146.43M | $68.05M | $28.55M | $-13.94M | $-39.81M | $-52.05M | $-129.14M | $-21.36M | $-73.29M | $-44.43M |
Avg Forecast | $115.02M | $113.39M | $111.78M | $108.47M | $109.81M | $108.14M | $105.74M | $102.68M | $120.37M | $64.46M | $91.85M | $111.61M | $87.36M | $65.25M | $109.31M | $-20.74M | $119.00M | $76.55M | $148.95M | $-22.18M | $-49.00M | $60.05M | $21.26M | $-23.72M | $-29.48M | $-54.55M | $-39.42M | $-25.37M | $-33.72M | $3.62M |
High Forecast | $136.57M | $134.64M | $132.72M | $128.79M | $130.38M | $128.40M | $125.55M | $121.92M | $142.92M | $76.54M | $109.06M | $132.53M | $103.73M | $77.48M | $109.45M | $-16.59M | $141.30M | $81.59M | $176.86M | $-17.74M | $-39.20M | $60.05M | $21.26M | $-18.98M | $-29.48M | $-54.55M | $-39.42M | $-20.30M | $-33.72M | $3.62M |
Low Forecast | $93.48M | $92.16M | $90.85M | $88.16M | $89.25M | $87.89M | $85.94M | $83.45M | $97.83M | $52.39M | $74.65M | $90.72M | $71.01M | $53.03M | $109.17M | $-24.89M | $96.72M | $71.51M | $121.06M | $-26.62M | $-58.80M | $60.05M | $21.26M | $-28.47M | $-29.48M | $-54.55M | $-39.42M | $-30.45M | $-33.72M | $3.62M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7.64% | -2.99% | 1.13% | 1.34% | 0.59% | 1.35% | 0.95% | 3.28% | 0.84% | 2.17% | -12.27% |
Teekay Tankers SG&A Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 7 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.27M | $10.94M | $9.69M | $11.02M | $10.12M | $9.47M | $10.54M | $12.23M | $11.47M | $10.05M | $9.89M |
Avg Forecast | $12.67M | $12.58M | $12.49M | $12.40M | $7.92M | $7.92M | $7.99M | $7.90M | $10.46M | $6.73M | $8.01M | $10.08M | $8.07M | $7.31M | $9.11M | $11.13M | $10.04M | $8.07M | $11.51M | $11.91M | $11.66M | $7.45M | $5.39M | $12.74M | $2.89M | $4.81M | $5.61M | $13.62M | $5.06M | $6.53M |
High Forecast | $14.50M | $14.39M | $14.29M | $14.19M | $9.06M | $9.06M | $9.14M | $9.04M | $11.96M | $7.70M | $9.17M | $10.17M | $9.23M | $7.69M | $9.11M | $13.36M | $11.49M | $12.28M | $13.17M | $14.29M | $13.99M | $7.45M | $5.39M | $15.28M | $2.89M | $4.81M | $5.61M | $16.34M | $5.06M | $6.53M |
Low Forecast | $10.85M | $10.77M | $10.69M | $10.61M | $6.78M | $6.78M | $6.84M | $6.77M | $8.95M | $5.76M | $6.86M | $9.98M | $6.91M | $6.94M | $9.11M | $8.91M | $8.60M | $6.77M | $9.85M | $9.53M | $9.33M | $7.45M | $5.39M | $10.19M | $2.89M | $4.81M | $5.61M | $10.90M | $5.06M | $6.53M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.03% | 0.94% | 1.30% | 2.04% | 0.79% | 3.28% | 2.19% | 2.18% | 0.84% | 1.99% | 1.51% |
Teekay Tankers EPS Forecast
Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 4 | 4 | 7 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 | 7 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.97 | $4.30 | $2.00 | $0.84 | $-0.41 | $-1.17 | $-1.54 | $-3.82 | $-0.63 | $-2.17 | $-1.32 |
Avg Forecast | $3.31 | $3.26 | $3.22 | $3.12 | $3.16 | $3.11 | $3.04 | $2.95 | $3.46 | $1.85 | $2.64 | $3.21 | $2.51 | $1.88 | $3.14 | $3.80 | $3.42 | $2.20 | $4.28 | $4.79 | $2.92 | $1.73 | $0.61 | $-0.71 | $-0.85 | $-1.57 | $-1.14 | $-0.79 | $-0.97 | $0.10 |
High Forecast | $3.93 | $3.87 | $3.82 | $3.70 | $3.75 | $3.69 | $3.61 | $3.51 | $4.11 | $2.20 | $3.14 | $3.81 | $2.98 | $2.23 | $3.15 | $4.52 | $4.06 | $2.35 | $5.09 | $5.69 | $3.47 | $1.73 | $0.61 | $-0.71 | $-0.85 | $-1.57 | $-1.14 | $-0.79 | $-0.97 | $0.10 |
Low Forecast | $2.69 | $2.65 | $2.61 | $2.54 | $2.57 | $2.53 | $2.47 | $2.40 | $2.81 | $1.51 | $2.15 | $2.61 | $2.04 | $1.53 | $3.14 | $3.09 | $2.78 | $2.06 | $3.48 | $3.89 | $2.38 | $1.73 | $0.61 | $-0.71 | $-0.85 | $-1.57 | $-1.14 | $-0.79 | $-0.97 | $0.10 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.47% | 1.16% | 1.37% | 0.58% | 1.38% | 0.98% | 3.36% | 0.80% | 2.23% | -12.65% |
Teekay Tankers Peer Comparison by Price Target
TNK Forecast FAQ
Is Teekay Tankers a good buy?
Yes, according to 2 Wall Street analysts, Teekay Tankers (TNK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 2 'Buy' recommendations, accounting for 100.00% of TNK's total ratings.
What is TNK's price target?
Teekay Tankers (TNK) average price target is $76 with a range of $76 to $76, implying a 62.81% from its last price of $46.68. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Teekay Tankers stock go up soon?
According to Wall Street analysts' prediction for TNK stock, the company can go up by 62.81% (from the last price of $46.68 to the average price target of $76), up by 62.81% based on the highest stock price target, and up by 62.81% based on the lowest stock price target.
Can Teekay Tankers stock reach $70?
TNK's average twelve months analyst stock price target of $76 supports the claim that Teekay Tankers can reach $70 in the near future.
What are Teekay Tankers's analysts' financial forecasts?
Teekay Tankers's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $669.17M (high $765.62M, low $572.79M), average EBITDA is $188.03M (high $215.13M, low $160.95M), average net income is $426.37M (high $506.25M, low $346.53M), average SG&A $31.73M (high $36.3M, low $27.16M), and average EPS is $12.26 (high $14.56, low $9.97). TNK's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $1.06B (high $1.21B, low $905.12M), average EBITDA is $297.12M (high $339.94M, low $254.32M), average net income is $448.66M (high $532.72M, low $364.65M), average SG&A $50.14M (high $57.37M, low $42.92M), and average EPS is $12.91 (high $15.32, low $10.49).
Did the TNK's actual financial results beat the analysts' financial forecasts?
Based on Teekay Tankers's last annual report (Dec 2022), the company's revenue was $1.06B, beating the average analysts forecast of $531.27M by 100.11%. Apple's EBITDA was $352.14M, beating the average prediction of $86.75M by 305.92%. The company's net income was $229.09M, beating the average estimation of $8.59M by 2567.56%. Apple's SG&A was $41.77M, beating the average forecast of $37.24M by 12.16%. Lastly, the company's EPS was $6.74, beating the average prediction of $4.56 by 47.72%. In terms of the last quarterly report (Mar 2023), Teekay Tankers's revenue was $394.66M, beating the average analysts' forecast of $267.18M by 47.71%. The company's EBITDA was $208.19M, beating the average prediction of $16.57M by 1156.67%. Teekay Tankers's net income was $169.37M, missing the average estimation of $-22.18M by -863.61%. The company's SG&A was $12.27M, beating the average forecast of $11.91M by 3.04%. Lastly, the company's EPS was $4.97, beating the average prediction of $4.79 by 3.79%