WallStreetZenWallStreetZen

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

OverviewForecast
EarningsDividendOwnership

Analyst price target for TNK

Based on 1 analyst offering 12 month price targets for Teekay Tankers Ltd.
Min Forecast
$51.00+24.57%
Avg Forecast
$51.00+24.57%
Max Forecast
$51.00+24.57%

Should I buy or sell TNK stock?

Based on 1 analyst offering ratings for Teekay Tankers Ltd.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
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
Jefferies
Top 21%
80
Strong BuyMaintains$51.00+24.57%2023-02-23

1 of 1

Forecast return on equity

Is TNK forecast to generate an efficient return?
Company
18.66%
Industry
11.47%
Market
51.51%
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
11.2%
Industry
5.98%
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 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$2.73-59.5%
Avg 2 year Forecast
$5.91-12.31%
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 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$505.3M-52.47%
Avg 2 year Forecast
$516.1M-51.45%
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
-59.5%
Industry
70.87%
Market
77.33%
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
-52.47%
Industry
-1.46%
Market
26.46%
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$40.94$51.00+24.57%Strong Buy
GEL$11.13$16.50+48.25%Buy
TGS$8.65$5.00-42.20%Strong Sell
HESM$25.99$34.33+32.10%Buy
FLNG$30.89$36.00+16.54%Hold
View Top Oil & Gas Midstream Stocks

Teekay Tankers Stock Forecast FAQ

Is Teekay Tankers Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: TNK) stock is to Strong Buy TNK stock.

Out of 1 analyst, 1 (100%) are recommending TNK as a Strong Buy, 0 (0%) 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 2023-2024?

(NYSE: TNK) Teekay Tankers's forecast annual earnings growth rate of -59.5% is not forecast to beat the US Oil & Gas Midstream industry's average forecast earnings growth rate of 70.87%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 77.33%.

Teekay Tankers's earnings in 2023 is $229,086,000.On average, 2 Wall Street analysts forecast TNK's earnings for 2023 to be $92,242,643, with the lowest TNK earnings forecast at $15,204,831, and the highest TNK earnings forecast at $169,618,340.

In 2024, TNK is forecast to generate $199,690,118 in earnings, with the lowest earnings forecast at $199,690,118 and the highest earnings forecast at $199,690,118.

What is TNK's revenue growth forecast for 2023-2024?

(NYSE: TNK) Teekay Tankers's forecast annual revenue growth rate of -52.47% is not forecast to beat the US Oil & Gas Midstream industry's average forecast revenue growth rate of -1.46%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 26.46%.

Teekay Tankers's revenue in 2023 is $1,063,111,000.On average, 1 Wall Street analysts forecast TNK's revenue for 2023 to be $17,071,646,699, with the lowest TNK revenue forecast at $17,071,646,699, and the highest TNK revenue forecast at $17,071,646,699.

In 2024, TNK is forecast to generate $17,438,252,075 in revenue, with the lowest revenue forecast at $17,438,252,075 and the highest revenue forecast at $17,438,252,075.

What is TNK's forecast return on assets (ROA) for 2023-2024?

(NYSE: TNK) forecast ROA is 11.2%, which is higher than the forecast US Oil & Gas Midstream industry average of 5.98%.

What is TNK's Price Target?

According to 1 Wall Street analyst that have issued a 1 year TNK price target, the average TNK price target is $51.00, with the highest TNK stock price forecast at $51.00 and the lowest TNK stock price forecast at $51.00.

The Wall Street analyst predicted that Teekay Tankers's share price could reach $51.00 by Feb 23, 2024. The average Teekay Tankers stock price prediction forecasts a potential upside of 24.57% from the current TNK share price of $40.94.

What is TNK's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: TNK) Teekay Tankers's current Earnings Per Share (EPS) is $6.74. On average, analysts forecast that TNK's EPS will be $2.73 for 2023, with the lowest EPS forecast at $0.45, and the highest EPS forecast at $5.02. In 2024, TNK's EPS is forecast to hit $5.91 (min: $5.91, max: $5.91).

What is TNK's forecast return on equity (ROE) for 2023-2024?

(NYSE: TNK) forecast ROE is 18.66%, which is considered weak.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.