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NYSE: TNK
Teekay Tankers Ltd Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for TNK

Based on 3 analysts offering 12 month price targets for Teekay Tankers Ltd.
Min Forecast
$69.00+25.2%
Avg Forecast
$76.67+39.12%
Max Forecast
$85.00+54.24%

Should I buy or sell TNK stock?

Based on 3 analysts offering ratings for Teekay Tankers Ltd.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
1 analysts 33.33%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their TNK stock forecasts and price targets.

TNK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-08-13
lockedlocked$00.00+00.00%2024-08-01
lockedlocked$00.00+00.00%2024-07-23

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Forecast return on equity

Is TNK forecast to generate an efficient return?
Company
24.99%
Industry
16.58%
Market
52.59%
TNK's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is TNK forecast to generate an efficient return on assets?
Company
22.53%
Industry
6.9%
TNK is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

TNK earnings per share forecast

What is TNK's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$13.33+2.62%
Avg 2 year Forecast
$10.95-15.7%
Avg 3 year Forecast
$12.39-4.62%
TNK's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

TNK revenue forecast

What is TNK's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$805.1M-34.77%
Avg 2 year Forecast
$678.0M-45.06%
Avg 3 year Forecast
$655.1M-46.91%
TNK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

TNK earnings growth forecast

How is TNK forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-3.72%
Industry
4.4%
Market
19.15%
TNK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
TNK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
TNK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

TNK revenue growth forecast

How is TNK forecast to perform vs Oil & Gas Midstream companies and vs the US market?
Company
-24%
Industry
3.65%
Market
8.33%
TNK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
TNK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

TNK vs Oil & Gas Midstream Stocks

TickerPricePrice TargetUp/downsideConsensus
TNK$55.11$76.67+39.12%Strong Buy
DHT$10.95$13.50+23.29%Buy
EE$18.97$21.67+14.22%Hold
GEL$13.00N/AN/A
LPG$34.47$50.00+45.05%Strong Buy
View Top Oil & Gas Midstream Stocks

Teekay Tankers Stock Forecast FAQ

Is Teekay Tankers Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: TNK) stock is to Strong Buy TNK stock.

Out of 3 analysts, 2 (66.67%) are recommending TNK as a Strong Buy, 1 (33.33%) are recommending TNK as a Buy, 0 (0%) are recommending TNK as a Hold, 0 (0%) are recommending TNK as a Sell, and 0 (0%) are recommending TNK as a Strong Sell.

If you're new to stock investing, here's how to buy Teekay Tankers stock.

What is TNK's earnings growth forecast for 2024-2026?

(NYSE: TNK) Teekay Tankers's forecast annual earnings growth rate of -3.72% is not forecast to beat the US Oil & Gas Midstream industry's average forecast earnings growth rate of 4.4%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 19.15%.

Teekay Tankers's earnings in 2024 is $444,801,000.On average, 2 Wall Street analysts forecast TNK's earnings for 2024 to be $455,886,000, with the lowest TNK earnings forecast at $444,600,000, and the highest TNK earnings forecast at $467,172,000. On average, 2 Wall Street analysts forecast TNK's earnings for 2025 to be $374,490,000, with the lowest TNK earnings forecast at $343,710,000, and the highest TNK earnings forecast at $405,270,000.

In 2026, TNK is forecast to generate $423,738,000 in earnings, with the lowest earnings forecast at $423,738,000 and the highest earnings forecast at $423,738,000.

What is TNK's revenue growth forecast for 2024-2026?

(NYSE: TNK) Teekay Tankers's forecast annual revenue growth rate of -24% is not forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of 3.65%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 8.33%.

Teekay Tankers's revenue in 2024 is $1,234,082,000.On average, 1 Wall Street analysts forecast TNK's revenue for 2024 to be $27,532,710,000, with the lowest TNK revenue forecast at $27,532,710,000, and the highest TNK revenue forecast at $27,532,710,000. On average, 1 Wall Street analysts forecast TNK's revenue for 2025 to be $23,186,574,000, with the lowest TNK revenue forecast at $23,186,574,000, and the highest TNK revenue forecast at $23,186,574,000.

In 2026, TNK is forecast to generate $22,405,446,000 in revenue, with the lowest revenue forecast at $22,405,446,000 and the highest revenue forecast at $22,405,446,000.

What is TNK's forecast return on assets (ROA) for 2024-2026?

(NYSE: TNK) forecast ROA is 22.53%, which is higher than the forecast US Oil & Gas Midstream industry average of 6.9%.

What is TNK's Price Target?

According to 3 Wall Street analysts that have issued a 1 year TNK price target, the average TNK price target is $76.67, with the highest TNK stock price forecast at $85.00 and the lowest TNK stock price forecast at $69.00.

On average, Wall Street analysts predict that Teekay Tankers's share price could reach $76.67 by Aug 13, 2025. The average Teekay Tankers stock price prediction forecasts a potential upside of 39.12% from the current TNK share price of $55.11.

What is TNK's Earnings Per Share (EPS) forecast for 2024-2026?

(NYSE: TNK) Teekay Tankers's current Earnings Per Share (EPS) is $12.99. On average, analysts forecast that TNK's EPS will be $13.33 for 2024, with the lowest EPS forecast at $13.00, and the highest EPS forecast at $13.66. On average, analysts forecast that TNK's EPS will be $10.95 for 2025, with the lowest EPS forecast at $10.05, and the highest EPS forecast at $11.85. In 2026, TNK's EPS is forecast to hit $12.39 (min: $12.39, max: $12.39).

What is TNK's forecast return on equity (ROE) for 2024-2026?

(NYSE: TNK) forecast ROE is 24.99%, which is considered strong.
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