(TEN) Tsakos Energy Navigation - Overview

Exchange: NYSE • Country: Greece • Currency: USD • Type: Common Stock • ISIN: BMG9108L1735

Stock: Tankers, LNG Vessels, Shuttle Tankers, Charter Services

Total Rating 52

Risk 78

Buy Signal 0.83

Oil & Gas Midstream » Oil & Gas Storage & Transportation
Age: 23.9y

Market Cap: 821m
Avg Trading Vol: 8.02M USD

ATR: 3.26%
Peers RS (IBD): 78.43

EPS (Earnings per Share)

EPS CAGR: 120.31%
EPS Trend: 14.5%

Last SUE: 0.18
Qual. Beats: 0

Revenue

Rev. CAGR: 8.09%
Rev. Trend: 9.3%

Last SUE: 0.49
Qual. Beats: 0

Dividends

Dividend Yield	5.24%
Yield on Cost 5y	22.50%
Yield CAGR 5y	82.12%
Payout Consistency	82.8%
Payout Ratio	68.3%

Risk 5d forecast
Volatility	36.6%
Relative Tail Risk	-3.90%

Reward TTM
Sharpe Ratio	1.14
Alpha	36.22

Character TTM
Beta	0.755
Beta Downside	1.531

Drawdowns 3y
Max DD	52.64%
CAGR/Max DD	0.35

Description: TEN Tsakos Energy Navigation December 26, 2025

Tsakos Energy Navigation Ltd (NYSE:TEN) is a Greek-based carrier that transports crude oil and petroleum products worldwide. It operates a diversified fleet of double-hull vessels-including conventional tankers, LNG carriers, and Suezmax DP2 shuttle tankers-under a mix of long-term, medium-term, and spot charters for national oil companies, majors, and independent refiners. The firm, originally incorporated in 1993 as MIF Limited, rebranded to its current name in July 2001.

As of Q3 2024 the company manages roughly 30 vessels with an average daily earnings (ADR) of about $13,000 per vessel, and its fleet utilization typically hovers near 85 % in a market where spot Suezmax rates have risen above $30,000 per day due to tightening supply. TEN’s earnings are closely tied to three macro drivers: (1) global oil demand growth (≈2 % YoY in 2024), (2) the IMO 2020 low-sulfur fuel regulation that has boosted demand for double-hull tankers, and (3) LNG market expansion, which supports higher utilization of its LNG carrier segment.

For a deeper, data-driven view of TEN’s valuation metrics and scenario analysis, you might find ValueRay’s interactive dashboards useful.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 121.8m TTM > 0 and > 6% of Revenue
FCF/TA: -0.16 > 0.02 and ΔFCF/TA -24.47 > 1.0
NWC/Revenue: -18.85% < 20% (prev 7.50%; Δ -26.35% < -1%)
CFO/TA 0.07 > 3% & CFO 289.2m > Net Income 121.8m
Net Debt (1.42b) to EBITDA (325.9m): 4.34 < 3
Current Ratio: 0.65 > 1.5 & < 3
Outstanding Shares: last quarter (29.8m) vs 12m ago 0.69% < -2%
Gross Margin: 45.48% > 18% (prev 0.37%; Δ 4511 % > 0.5%)
Asset Turnover: 20.09% > 50% (prev 22.51%; Δ -2.42% > 0%)
Interest Coverage Ratio: 1.41 > 6 (EBITDA TTM 325.9m / Interest Expense TTM 97.3m)

Altman Z'' 0.95

A: -0.04 (Total Current Assets 264.3m - Total Current Liabilities 408.5m) / Total Assets 3.90b
B: 0.17 (Retained Earnings 652.7m / Total Assets 3.90b)
C: 0.04 (EBIT TTM 136.9m / Avg Total Assets 3.81b)
D: 0.39 (Book Value of Equity 803.3m / Total Liabilities 2.06b)
Altman-Z'' Score: 0.95 = BB

Beneish M -3.56

DSRI: 0.71 (Receivables 33.7m/52.0m, Revenue 764.8m/836.0m)
GMI: 0.81 (GM 45.48% / 36.79%)
AQI: 0.97 (AQ_t 0.05 / AQ_t-1 0.05)
SGI: 0.91 (Revenue 764.8m / 836.0m)
TATA: -0.04 (NI 121.8m - CFO 289.2m) / TA 3.90b)
Beneish M-Score: -3.56 (Cap -4..+1) = AAA

What is the price of TEN shares?

As of February 07, 2026, the stock is trading at USD 26.99 with a total of 205,804 shares traded.
Over the past week, the price has changed by -0.66%, over one month by +21.14%, over three months by +12.81% and over the past year by +52.81%.

Is TEN a buy, sell or hold?

Tsakos Energy Navigation has received a consensus analysts rating of 4.33. Therefore, it is recommended to buy TEN.

StrongBuy: 2
Buy: 0
Hold: 1
Sell: 0
StrongSell: 0

What are the forecasts/targets for the TEN price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	34.5	27.8%
Analysts Target Price	34.5	27.8%
ValueRay Target Price	35.9	33%

TEN Fundamental Data Overview February 05, 2026

P/E Trailing = 8.6266
P/E Forward = 5.5772
P/S = 1.0738
P/B = 0.4533
P/EG = 2.53
Revenue TTM = 764.8m USD
EBIT TTM = 136.9m USD
EBITDA TTM = 325.9m USD
Long Term Debt = 1.35b USD (from longTermDebt, last fiscal year)
Short Term Debt = 264.5m USD (from shortTermDebt, last fiscal year)
Debt = 1.76b USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 1.42b USD (from netDebt column, last fiscal year)
Enterprise Value = 2.32b USD (821.3m + Debt 1.76b - CCE 264.3m)
Interest Coverage Ratio = 1.41 (Ebit TTM 136.9m / Interest Expense TTM 97.3m)
EV/FCF = -3.71x (Enterprise Value 2.32b / FCF TTM -626.4m)
FCF Yield = -26.99% (FCF TTM -626.4m / Enterprise Value 2.32b)
FCF Margin = -81.90% (FCF TTM -626.4m / Revenue TTM 764.8m)
Net Margin = 15.93% (Net Income TTM 121.8m / Revenue TTM 764.8m)
Gross Margin = 45.48% ((Revenue TTM 764.8m - Cost of Revenue TTM 417.0m) / Revenue TTM)
Gross Margin QoQ = 85.29% (prev 32.94%)
Tobins Q-Ratio = 0.60 (Enterprise Value 2.32b / Total Assets 3.90b)
Interest Expense / Debt = 1.34% (Interest Expense 23.7m / Debt 1.76b)
Taxrate = 21.0% (US default 21%)
NOPAT = 108.2m (EBIT 136.9m * (1 - 21.00%))
Current Ratio = 0.65 (Total Current Assets 264.3m / Total Current Liabilities 408.5m)
Debt / Equity = 0.98 (Debt 1.76b / totalStockholderEquity, last quarter 1.80b)
Debt / EBITDA = 4.34 (Net Debt 1.42b / EBITDA 325.9m)
Debt / FCF = -2.26 (negative FCF - burning cash) (Net Debt 1.42b / FCF TTM -626.4m)
Total Stockholder Equity = 1.77b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.20% (Net Income 121.8m / Total Assets 3.90b)
RoE = 6.89% (Net Income TTM 121.8m / Total Stockholder Equity 1.77b)
RoCE = 4.39% (EBIT 136.9m / Capital Employed (Equity 1.77b + L.T.Debt 1.35b))
RoIC = 3.43% (NOPAT 108.2m / Invested Capital 3.15b)
WACC = 3.49% (E(821.3m)/V(2.59b) * Re(8.70%) + D(1.76b)/V(2.59b) * Rd(1.34%) * (1-Tc(0.21)))
Discount Rate = 8.70% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.53%
Fair Price DCF = unknown (Cash Flow -626.4m)
EPS Correlation: 14.49 | EPS CAGR: 120.3% | SUE: 0.18 | # QB: 0
Revenue Correlation: 9.32 | Revenue CAGR: 8.09% | SUE: 0.49 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.84 | Chg30d=-0.210 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=4.85 | Chg30d=-0.605 | Revisions Net=-1 | Growth EPS=+62.2% | Growth Revenue=+6.8%

Additional Sources for TEN Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle