Teekay Tankers Ltd. (TNK)

1.01
NYSE : Transportation
Prev Close 1.07
Day Low/High 1.01 / 1.08
52 Wk Low/High 0.96 / 2.00
Avg Volume 1.03M
Exchange NYSE
Shares Outstanding 231.55M
Market Cap 287.36M
EPS -0.30
P/E Ratio 6.29
Div & Yield N.A. (N.A)

Latest News

Teekay Tankers Declares Dividend

Teekay Tankers Declares Dividend

In Market Selloffs, Remember the Difference Between 'Cheap' and 'Lower'

In Market Selloffs, Remember the Difference Between 'Cheap' and 'Lower'

To buy on days like this, you must be convinced the market is offering an opportunity to buy assets at below fair value.

YieldBoost TNK From 8.6% To 14.3% Using Options

YieldBoost TNK From 8.6% To 14.3% Using Options

Shareholders of Teekay Tankers Ltd looking to boost their income beyond the stock's 8.6% annualized dividend yield can sell the August covered call at the $2.50 strike and collect the premium based on the 5 cents bid, which annualizes to an additional 5.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 14.3% annualized rate in the scenario where the stock is not called away. Any upside above $2.50 would be lost if the stock rises there and is called away, but TNK shares would have to climb 78.6% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 82.1% return from this trading level, in addition to any dividends collected before the stock was called.

TNK Ex-Dividend Reminder - 11/17/17

TNK Ex-Dividend Reminder - 11/17/17

Looking at the universe of stocks we cover at Dividend Channel, on 11/17/17, Teekay Tankers Ltd will trade ex-dividend, for its quarterly dividend of $0.03, payable on 11/24/17. As a percentage of TNK's recent stock price of $1.41, this dividend works out to approximately 2.13%, so look for shares of Teekay Tankers Ltd to trade 2.13% lower — all else being equal — when TNK shares open for trading on 11/17/17.

Short Interest Declines 11.8% For TNK

Short Interest Declines 11.8% For TNK

The most recent short interest data has been released for the 10/31/2017 settlement date, which shows a 1,069,445 share decrease in total short interest for Teekay Tankers Ltd , to 7,954,960, a decrease of 11.85% since 10/13/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

Teekay Tankers Declares Dividend

Teekay Tankers Declares Dividend

Short Interest In Teekay Tankers Drops 20.5%

Short Interest In Teekay Tankers Drops 20.5%

The most recent short interest data has been released for the 09/29/2017 settlement date, which shows a 2,516,945 share decrease in total short interest for Teekay Tankers Ltd , to 9,752,653, a decrease of 20.51% since 09/15/2017. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.

3 Stocks Under $5 That Are Worth Buying

3 Stocks Under $5 That Are Worth Buying

Digirad, Black Box and Teekay Tankers may be small, but at least they make the effort to pay a dividend.

3 Stocks Under $5 That Are Worth Buying

3 Stocks Under $5 That Are Worth Buying

Digirad, Black Box and Teekay Tankers may be small, but at least they make the effort to pay a dividend.

Interesting TNK Call Options For May 2018

Interesting TNK Call Options For May 2018

Investors in Teekay Tankers Ltd saw new options begin trading this week, for the May 2018 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 226 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.

TNK Ex-Dividend Reminder - 8/10/17

TNK Ex-Dividend Reminder - 8/10/17

Looking at the universe of stocks we cover at Dividend Channel, on 8/10/17, Teekay Tankers Ltd will trade ex-dividend, for its quarterly dividend of $0.03, payable on 8/18/17. As a percentage of TNK's recent stock price of $1.67, this dividend works out to approximately 1.80%, so look for shares of Teekay Tankers Ltd to trade 1.80% lower — all else being equal — when TNK shares open for trading on 8/10/17.

Ratings Changes Today

TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: AEL, CNMD, DATA, IAC, KBR, KHC, KOP, NPO, PBR.A, REG, SHAK, SQ, STOR, WMS, XPO Downgrades: ABC, AXTA, BIO, BIO.B, CNSL, DISH, GNE, HL, MCS, TGP, TNK, WEYS, WRLD Initiations: None Read on to get TheStreet Quant Ratings' detailed report:

How To YieldBoost TNK From 6.9% To 13.9% Using Options

How To YieldBoost TNK From 6.9% To 13.9% Using Options

Shareholders of Teekay Tankers Ltd looking to boost their income beyond the stock's 6.9% annualized dividend yield can sell the November covered call at the $2.50 strike and collect the premium based on the 5 cents bid, which annualizes to an additional 7% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 13.9% annualized rate in the scenario where the stock is not called away. Any upside above $2.50 would be lost if the stock rises there and is called away, but TNK shares would have to advance 43.7% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 46.5% return from this trading level, in addition to any dividends collected before the stock was called.

Cash Dividend On The Way From Teekay Tankers (TNK)

Looking at the universe of stocks we cover at Dividend Channel, on 5/24/17, Teekay Tankers Ltd will trade ex-dividend, for its quarterly dividend of $0.03, payable on 6/2/17. As a percentage of TNK's recent stock price of $1.95, this dividend works out to approximately 1.54%, so look for shares of Teekay Tankers Ltd to trade 1.54% lower — all else being equal — when TNK shares open for trading on 5/24/17.

Interesting TNK Call Options For November 17th

Investors in Teekay Tankers Ltd saw new options become available this week, for the November 17th expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 241 days until expiration the newly available contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.

YieldBoost Teekay Tankers From 5.2% To 27% Using Options

YieldBoost Teekay Tankers From 5.2% To 27% Using Options

Shareholders of Teekay Tankers Ltd looking to boost their income beyond the stock's 5.2% annualized dividend yield can sell the August covered call at the $2.50 strike and collect the premium based on the 30 cents bid, which annualizes to an additional 21.8% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 27% annualized rate in the scenario where the stock is not called away. Any upside above $2.50 would be lost if the stock rises there and is called away, but TNK shares would have to climb 9.2% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 22.3% return from this trading level, in addition to any dividends collected before the stock was called.

This Stock Has A 4.96% Yield And Sells For Less Than Book

This Stock Has A 4.96% Yield And Sells For Less Than Book

Teekay Tankers Ltd has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, TNK shares displayed both attractive valuation metrics and strong profitability metrics.

This Stock Has A 4.96% Yield And Sells For Less Than Book

This Stock Has A 4.96% Yield And Sells For Less Than Book

Teekay Tankers Ltd has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, TNK shares displayed both attractive valuation metrics and strong profitability metrics.

TNK Ex-Dividend Reminder - 11/9/16

TNK Ex-Dividend Reminder - 11/9/16

Looking at the universe of stocks we cover at Dividend Channel, on 11/9/16, Teekay Tankers Ltd will trade ex-dividend, for its quarterly dividend of $0.03, payable on 11/18/16. As a percentage of TNK's recent stock price of $2.20, this dividend works out to approximately 1.36%, so look for shares of Teekay Tankers Ltd to trade 1.36% lower — all else being equal — when TNK shares open for trading on 11/9/16.

May 2017 Options Now Available For Teekay Tankers (TNK)

May 2017 Options Now Available For Teekay Tankers (TNK)

Investors in Teekay Tankers Ltd saw new options begin trading today, for the May 2017 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 242 days until expiration the newly trading contracts represent a possible opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.

This Stock Has A 8.43% Yield And Sells For Less Than Book

This Stock Has A 8.43% Yield And Sells For Less Than Book

Teekay Tankers Ltd has been named as a Top 10 dividend paying energy stock, according to Dividend Channel, which published its weekly ''DividendRank'' report. The report noted that among energy companies, TNK shares displayed both attractive valuation metrics and strong profitability metrics.

TheStreet Quant Rating: D+ (Sell)