On 2016-08-05, Teekay Tankers Ltd. (NYSE:TNK) confirmed the dividend disbursement of $0.06 a share to shareholders as on record 2016-08-15. The firm will release dividend on 2016-08-19 while ex-dividend date is reported to be 2016-08-11.
The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Teekay Tankers Ltd. (NYSE:TNK) paid a total of $0.06 per share in dividends. This figure stood at $0.06 a share in the same period a year ago indicating a deviation of 0%.
Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $5.035 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $10 and $2.5, respectively.
Taking the mathematical rating formula, the price for Teekay Tankers Ltd. (NYSE:TNK) stands at 2.38. Earnings Review Teekay Tankers Ltd. (NYSE:TNK) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.06.
Coming to the quarter ending on 2015-12-31, Teekay Tankers Ltd. (NYSE:TNK) recorded EPS of $0.2. The reported numbers came lower than the analysts’ estimates of $0.2, demonstrating a miss of $0 as against reported figures.
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