How to Buy Tsakos Energy Navigation Stock
Tsakos Energy Navigation Ltd
Tsakos Energy Navigation is a oil & gas midstream company located in Greece, which is part of the Energy sector, and is traded under the ticker TNP on the NYSE exchange.
Tsakos Energy Navigation stock last closed at $25.72, down 0.23% from the previous day, and has increased 52.46% in one year. It has overperformed other stocks in the Oil & Gas Midstream industry by 0.33 percentage points. Tsakos Energy Navigation stock is currently +65.94% from its 52-week low of $15.50, and -5.44% from its 52-week high of $27.20.
At the moment, there are 29.51M shares of TNP outstanding. The market capitalization of TNP is $758.88M. In the last 24 hours, 164,663 TNP shares were traded.
How to Buy Tsakos Energy Navigation Stock
Not sure how to invest in Tsakos Energy Navigation stock? Here's how.
- Choose where to buy Tsakos Energy Navigation stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Tsakos Energy Navigation stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your method of payment and add your info.
- Evaluate Tsakos Energy Navigation stock: The Tsakos Energy Navigation ticker symbol is TNP. Is Tsakos Energy Navigation stock a good investment? Should you buy shares of TNP? How do TNP's underlying business fundamentals look? Do top analysts think Tsakos Energy Navigation is a good buy? Why has TNP's stock price moved recently? (Hint: Our stock market research website can help you understand if TNP is a good stock to buy).
- Place your TNP buy order: Decide if you will purchase TNP shares at the current market price or use a limit order to purchase TNP shares at a specific price.
- Keep an eye on your TNP investment: Create a watchlist to monitor your new investment in Tsakos Energy Navigation shares.
Step 1: Choose where to buy Tsakos Energy Navigation stock
You need a brokerage account to access the NYSE market and buy TNP stock.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
- Access to global financial markets: From Tech to Industrials, New York to Hong Kong — you can fill your portfolio with stocks from the globe's top exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal details so you can invest in TNP today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new trading account.
- Submit your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've created your account on a good stock buying app, you need to deposit funds:
Check out the video below if you need help transferring money into your new brokerage account.
Step 4: Evaluate Tsakos Energy Navigation stock
After you have identified the best place to buy Tsakos Energy Navigation stock, it's very important to evaluate their stock prior to buying, so you truly comprehend the risk and upside.
Overview of key TNP info
Fundamentals of TNP
WallStreetZen was created to help everyday investors do better fundamental analysis quickly.
You can see all of the due diligence checks on TNP's stock page.
Is TNP stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TNP's intrinsic value.
Using relative valuations methods:
- TNP may be undervalued based on its P/E ratio of 2.85x, relative to Oil & Gas Midstream industry P/E ratio of 14.35x
- TNP could be undervalued based on its P/B ratio of 0.47x, relative to Oil & Gas Midstream industry P/B ratio of 2.33x
- TNP may be undervalued based on its PEG ratio of 0.08x
You can do more valuation analysis on TNP's stock here.
TNP Financial Health Overview
Positive Financial Indicators:
- Total TNP debt is lower than 5 years ago, relative to shareholder equity.
- TNP's operating cash flow of $395.28M allows it to safely service it's debt of $1.60B.
- There are more short-term assets than short-term liabilities on the TNP balance sheet.
- TNP profit margin has gone up from 19.6% to 30% in the past year.
Negative Financial Indicators:
- TNP has a relatively high debt to equity ratio of 1.06.
- TNP earnings of $401.00M is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the TNP balance sheet.
Is it a good time to buy TNP stock, according to analysts?
Out of 1 sell side analysts who research TNP, the consensus analyst rating on Tsakos Energy Navigation is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Tsakos Energy Navigation stock forecast page.
TNP Momentum
How are TNP Revenues/Earnings doing?
Last year, TNP earnings were $266.74M. During the past 1 years, TNP's earnings have grown by 50.17% per year. This was faster than the Oil & Gas Midstream industry average of 19.33%.
Last year, TNP revenue was $889.57M. In the last 5 year, TNP's revenue has grown by 10.92% per year. This was faster than the Oil & Gas Midstream industry average of 8.75%.
Find out more about TNP's earnings and revenue performance here.
Are TNP executives and large shareholders buying or selling the stock?
In the past year, insiders at TNP have not bought or sold any shares.
Learn more about who owns TNP shares here.
Can I get consistent income from TNP stock?
Tsakos Energy Navigation pays a dividend of 3.89%, compared to the Oil & Gas Midstream industry's average dividend yield of 6.1%. If you owned $1,000 worth of TNP stock, you would have received $38.88 in the past year.
Tsakos Energy Navigation dividend payments have consistently grown over the past decade but have not remained stable.
Find more info about Tsakos Energy Navigation dividend yield and history here.
What others are saying about TNP
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your TNP buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, use a limit order.
Hit the Open button and eToro will place the order.
If you need more help with buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your TNP investment
Now that you own some TNP shares, you'll want to keep up with your new company.
Put TNP on a watchlist to get notified of important updates regarding your TNP stock.
TNP Feed
How to Buy Stock in Tsakos Energy Navigation
To summarize, here are the 6 steps you need to take to buy Tsakos Energy Navigation stock right now:
- Choose where to buy Tsakos Energy Navigation stock
- Sign up for your brokerage account
- Put funds into your investment account
- Evaluate Tsakos Energy Navigation stock
- Place your TNP buy order
- Keep an eye on your TNP investment
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get the latest news on your investment in Tsakos Energy Navigation, create your watchlist below.
Other Stock Buying Guides You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.