Teekay Tankers Ltd. (NYSE:TNK) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Posted by Stanley Muller on Jun 5th, 2026

Teekay Tankers Ltd. (NYSE:TNK – Get Free Report) has been assigned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation, three have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $77.00.

A number of research firms have weighed in on TNK. Weiss Ratings reissued a “buy (b-)” rating on shares of Teekay Tankers in a research report on Friday, March 27th. Zacks Research raised shares of Teekay Tankers from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 21st. Bank of America boosted their price target on shares of Teekay Tankers from $69.00 to $75.00 and gave the company an “underperform” rating in a research report on Wednesday, May 20th. Wall Street Zen raised shares of Teekay Tankers from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 30th. Finally, DNB Markets lowered shares of Teekay Tankers from a “buy” rating to a “hold” rating in a research report on Friday, February 20th.

Read Our Latest Research Report on TNK

Institutional Trading of Teekay Tankers

Hedge funds and other institutional investors have recently modified their holdings of the business. Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Teekay Tankers in the fourth quarter valued at approximately $28,000. Kemnay Advisory Services Inc. bought a new stake in Teekay Tankers during the 4th quarter worth approximately $33,000. Global Trust Asset Management LLC purchased a new stake in Teekay Tankers in the 1st quarter worth approximately $46,000. Leonteq Securities AG purchased a new stake in Teekay Tankers in the 4th quarter worth approximately $34,000. Finally, Aster Capital Management DIFC Ltd lifted its stake in Teekay Tankers by 2,948.6% in the 4th quarter. Aster Capital Management DIFC Ltd now owns 1,067 shares of the shipping company’s stock worth $57,000 after purchasing an additional 1,032 shares in the last quarter. Institutional investors own 52.67% of the company’s stock.

Teekay Tankers Stock Down 0.8%

TNK opened at $70.20 on Friday. The stock has a market cap of $2.43 billion, a price-to-earnings ratio of 5.71 and a beta of -0.25. Teekay Tankers has a twelve month low of $41.05 and a twelve month high of $83.99. The company’s 50-day moving average price is $75.64 and its two-hundred day moving average price is $67.22.

Teekay Tankers (NYSE:TNK – Get Free Report) last released its earnings results on Tuesday, March 31st. The shipping company reported $3.69 earnings per share for the quarter. Teekay Tankers had a net margin of 42.60% and a return on equity of 16.34%. As a group, sell-side analysts anticipate that Teekay Tankers will post 13.75 earnings per share for the current year.

Teekay Tankers Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 26th were given a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, May 26th. This represents a $1.00 annualized dividend and a dividend yield of 1.4%. Teekay Tankers’s payout ratio is 8.13%.

About Teekay Tankers

(Get Free Report)

Teekay Tankers Ltd is an oil tanker shipping company that owns and operates a fleet of modern crude oil and petroleum product tankers. Listed on the New York Stock Exchange under the ticker symbol TNK, the company provides seaborne transportation services for crude oil, refined petroleum products and petrochemicals. Its operations range across major global trade lanes, offering a mix of spot market voyages and time-charter contracts to a diverse customer base in the oil and energy sector.

The company’s fleet includes a mix of Medium Range (MR), Long Range (LR1 and LR2), Suezmax and Aframax tankers designed to meet various cargo specifications and port restrictions.