Tsakos Energy Navigation Ltd. (TEN)

• Market cap: $476M
• 1 day: -0.49%
• 5 days: -3.76%
• 1 month: -20.88%
• 3 months: -35.54%
• 6 months: -45.71%
• Year to date: -45.71%
• 1 year: -45.71%
• 5 years: 21.72%
• 10 years: -71.25%

About: Tsakos Energy Navigation Ltd is a seaborne transportation service provider for crude oil and petroleum products. The company's carriers cater to national and international independent oil companies and refiners. It generates revenue through charter contracts with its clients, which include time, bareboat, and voyage charters, contracts of affreightment, and pool arrangements.

Employees: 1,373

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

9.11% more ownership

Funds ownership: 12.69% [Q2] → 21.8% (+9.11%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

17% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 36

18% less funds holding

Funds holding: 108 [Q2] → 89 (-19) [Q3]

24% less capital invested

Capital invested by funds: $213M [Q2] → $161M (-$51.2M) [Q3]

65% less call options, than puts

Call options by funds: $7.62M | Put options by funds: $21.6M

66% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 29

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $22 36% upside
• Avg. target: $31 92% upside
• High target: $40 148% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Alliance Global Partners Poe Fratt 13% 1-year accuracy 1 / 8 met price target	148% upside $40	Buy Initiated	5 Dec 2024
Jefferies Omar Nokta 14% 1-year accuracy 8 / 57 met price target	36% upside $22	Hold Maintained	26 Nov 2024