TEN
Tsakos Energy Navigation Limited
NYSEUSDEQUITY
Energy
DELAYED
Strong buy
+66/100
Last price
50.47
▼ 0.82 (1.60%)
MARKET · —
Price
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Intraday intervals only cover recent history. The site picks the finest interval the range allows.
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Tool
1D
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Open
—
Prev close
51.29
Day high
50.88
Day low
49.53
Volume
391.05K
Market cap
$1.52B
P/E (TTM)
5.11
52W range
20.50 – 53.84
Trailing performance
Returnvs SPY
1W
+7.00%
+5.0%
1M
+15.39%
+14.2%
3M
+28.78%
+24.3%
6M
+30.41%
+12.2%
YTD
+125.11%
+110.9%
1Y
+127.24%
+110.8%
3Y
+142.88%
+60.6%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on TEN open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
0
Net selling
Buy transactions
0
0 shares
Sell transactions
0
—
Net transactions
0
Buys less sells
Sell : buy shares
—
Not enough filings
Insider-held shares
8.41M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 13, 26 | HATZIMICHALIS CLIO Director |
SELL | 5.00K | $205.33K | Direct |
| Jul 14, 26 | TOMMASINO NICHOLAS F. Director |
SELL | 2.49K | $99.76K | Direct |
| Jul 8, 26 | TSAKOS NIKOLAS P Chief Executive Officer |
STOCK | 500.00K | $0 | Direct |
| Apr 29, 26 | TSAKOS NIKOLAS P Chief Executive Officer |
BUY | 25.00K | $998.34K | Indirect |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
HATZIMICHALIS CLIO |
Director | 5.00K | Sale |
TOMMASINO NICHOLAS F. |
Director | 2.87K | Sale |
TSAKOS NIKOLAS P |
Chief Executive Officer | 5.07M | Stock Gift |
Fundamentals
Market cap$1.52B
Enterprise value$3.15B
Revenue (TTM)$959.70M
Gross profit$590.94M
EBITDA$518.10M
Net income$295.30M
EPS (TTM)$9.87
Free cash flow—
Total cash$466.14M
Total debt$2.10B
Book value / share$64.99
Shares outstanding30.13M
Float21.54M
Short % of float1.08%
Dividend yield3.96%
Beta (5Y)-0.09
Valuation & profitability ratios
Trailing P/E5.11
Forward P/E17.20
PEG ratio—
Price / sales—
Price / book0.78
EV / revenue3.28
EV / EBITDA6.08
Gross margin61.58%
Operating margin41.84%
Profit margin33.81%
Return on equity17.22%
Return on assets5.61%
Debt / equity102.31
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $798.69M | $804.06M | $889.57M | $860.40M | -0.7% |
| Operating revenue | $798.69M | $804.06M | $889.57M | $860.40M | -0.7% |
| Gross profit | $281.94M | $275.27M | $370.01M | $286.65M | +2.4% |
| Selling, general & admin | $42.08M | $45.37M | $33.34M | $29.85M | -7.3% |
| Total operating expense | $42.08M | $45.37M | $33.34M | $29.85M | -7.3% |
| Operating income | $239.86M | $229.90M | $336.67M | $256.79M | +4.3% |
| Net interest income | -$85.82M | -$98.31M | -$86.61M | -$57.65M | +12.7% |
| Pre-tax income | $164.94M | $181.63M | $305.08M | $208.47M | -9.2% |
| Net income | $160.90M | $176.23M | $300.18M | $204.23M | -8.7% |
| Net income to common | $132.30M | $148.27M | $266.74M | $168.26M | -10.8% |
| Basic EPS | 4.45 | 5.03 | 9.04 | 6.02 | -11.5% |
| Diluted EPS | 4.45 | 5.03 | 9.04 | 6.01 | -11.5% |
| EBIT | $258.96M | $294.93M | $407.68M | $263.92M | -12.2% |
| EBITDA | $407.27M | $434.74M | $530.80M | $385.50M | -6.3% |
| Basic shares | 29.74M | 29.51M | 29.51M | 27.97M | +0.8% |
| Diluted shares | 29.74M | 29.51M | 29.51M | 28.19M | +0.8% |
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $293.31M | $343.37M | $372.03M | $304.37M | — | -14.6% |
| Cash & short-term investments | $328.95M | $343.37M | $372.03M | $304.37M | — | -4.2% |
| Accounts receivable | $41.08M | $26.45M | $46.70M | $78.20M | — | +55.3% |
| Inventory | $12.59M | $18.95M | $22.51M | $26.22M | — | -33.5% |
| Total current assets | $434.63M | $451.80M | $509.34M | $513.11M | — | -3.8% |
| Property, plant & equipment | $3.47B | $3.18B | $2.79B | $2.73B | — | +9.0% |
| Total assets | $3.95B | $3.71B | $3.36B | $3.31B | — | +6.7% |
| Total current liabilities | $458.04M | $408.52M | $323.20M | $369.69M | — | +12.1% |
| Current debt | — | — | — | $201.05M | $172.94M | — |
| Long-term debt | $1.49B | $1.35B | $1.22B | $1.38B | — | +9.8% |
| Total debt | $1.79B | $1.61B | $1.44B | $1.67B | — | +10.8% |
| Total liabilities | $2.09B | $1.94B | $1.71B | $1.79B | — | +7.8% |
| Retained earnings | $738.35M | $652.65M | $548.24M | $311.73M | — | +13.1% |
| Shareholder equity | $1.82B | $1.73B | $1.62B | $1.47B | — | +5.3% |
| Working capital | -$23.41M | $43.28M | $186.13M | $143.43M | — | -154.1% |
| Net tangible assets | $1.82B | $1.73B | $1.62B | $1.47B | — | +5.3% |
| Shares issued | 30.81M | 30.81M | 30.18M | 30.18M | — | 0.0% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | $164.94M | $181.63M | $305.08M | $208.47M | -9.2% |
| Depreciation & amortisation | $148.31M | $139.81M | $123.12M | $121.58M | +6.1% |
| Stock-based compensation | $7.05M | $8.13M | $0 | $0 | -13.2% |
| Change in working capital | -$2.62M | $45.83M | $26.65M | -$43.67M | -105.7% |
| Operating cash flow | $297.62M | $307.68M | $395.28M | $288.53M | -3.3% |
| Capital expenditure | -$521.74M | -$650.02M | -$298.38M | -$333.37M | +19.7% |
| Investing cash flow | -$458.12M | -$441.61M | -$137.44M | -$301.81M | -3.7% |
| Share buybacks | $0 | $0 | -$108.31M | -$2.50M | — |
| Dividends paid | -$60.14M | -$71.82M | -$61.86M | -$43.71M | +16.3% |
| Financing cash flow | $110.31M | $105.54M | -$190.58M | $195.53M | +4.5% |
| Free cash flow | -$224.12M | -$342.34M | $96.89M | -$44.84M | +34.5% |
| End cash position | $298.13M | $348.31M | $376.69M | $309.44M | -14.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $298.40M | $252.96M | $222.10M | $186.23M | $193.31M | — | +18.0% |
| Operating revenue | $298.40M | $252.96M | $222.10M | $186.23M | $193.31M | — | +18.0% |
| Cost of revenue | $158.76M | $130.64M | $131.18M | $125.45M | $130.03M | — | +21.5% |
| Gross profit | $139.65M | $122.32M | $90.92M | $60.77M | $63.28M | — | +14.2% |
| Selling, general & admin | $14.79M | $12.44M | $9.72M | $9.22M | $13.24M | — | +18.9% |
| Total operating expense | $14.79M | $12.44M | $9.72M | $9.22M | $13.24M | — | +18.9% |
| Operating income | $124.86M | $109.88M | $81.20M | $51.55M | $50.04M | — | +13.6% |
| Net interest income | -$19.99M | -$18.59M | -$20.80M | -$21.58M | -$20.29M | — | -7.5% |
| Pre-tax income | $143.48M | $91.27M | $58.88M | $38.87M | $28.29M | — | +57.2% |
| Net income | $139.30M | $88.84M | $58.02M | $38.34M | $26.83M | — | +56.8% |
| Net income to common | $131.87M | $81.67M | $50.55M | $31.27M | $19.77M | — | +61.5% |
| Basic EPS | 4.40 | 2.72 | — | 1.05 | 0.67 | 1.04 | +61.8% |
| Diluted EPS | 4.40 | 2.72 | — | 1.05 | 0.67 | 1.04 | +61.8% |
| EBIT | $166.43M | $112.06M | $80.20M | $62.58M | $51.23M | — | +48.5% |
| EBITDA | $166.43M | $112.06M | $80.20M | $62.58M | $51.23M | — | +48.5% |
| Basic shares | 29.97M | 29.97M | — | 29.82M | 29.66M | 29.66M | +0.0% |
| Diluted shares | 29.97M | 29.97M | — | 29.82M | 29.66M | 29.66M | +0.0% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $463.99M | $321.42M | $293.31M | $264.32M | $282.39M | +44.4% |
| Cash & short-term investments | $484.13M | $321.42M | $328.95M | $264.32M | $282.39M | +50.6% |
| Accounts receivable | $66.55M | — | $41.08M | — | $34.02M | — |
| Inventory | $21.70M | — | $12.59M | — | $16.18M | — |
| Total current assets | $616.26M | $321.42M | $434.63M | $264.32M | $453.65M | +91.7% |
| Property, plant & equipment | $3.63B | $3.59B | $3.47B | $3.46B | $3.29B | +1.1% |
| Total assets | $4.38B | $4.24B | $3.95B | $3.90B | $3.81B | +3.2% |
| Total current liabilities | $440.20M | — | $458.04M | — | $349.32M | — |
| Long-term debt | $1.85B | — | $1.49B | — | $1.48B | — |
| Total debt | $1.88B | $2.14B | $1.79B | $1.91B | $1.69B | -12.2% |
| Total liabilities | $2.32B | $2.29B | $2.09B | $2.06B | $2.00B | +1.3% |
| Retained earnings | $922.87M | — | $738.35M | — | $685.62M | — |
| Shareholder equity | $2.00B | $1.90B | $1.82B | $1.80B | $1.76B | +5.3% |
| Working capital | $176.06M | — | -$23.41M | — | $104.33M | — |
| Net tangible assets | $2.00B | $1.90B | $1.82B | $1.80B | $1.76B | +5.3% |
| Shares issued | 30.13M | 30.81M | 30.81M | 30.13M | 30.81M | -2.2% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Operating cash flow | $183.99M | $97.18M | $96.22M | $85.46M | $63.79M | +89.3% |
| Investing cash flow | $3.76M | -$252.07M | -$55.02M | -$166.97M | -$233.48M | +101.5% |
| Financing cash flow | -$43.02M | $178.18M | -$7.39M | $58.62M | $107.33M | -124.1% |
| Free cash flow | -$120.45M | $97.18M | -$425.52M | $85.46M | -$201.81M | -223.9% |
Options analytics
Put / call volume
0.73
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
30.00
-40.6% from spot
ATM implied vol
0.0%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
44
Contracts, this expiry
Put volume
32
Contracts, this expiry
Heaviest call OI
30.00
0 contracts
Heaviest put OI
40.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 2.40 | 3.14 | +30.7% |
| Mar 2026 | 2.02 | 2.72 | +34.7% |
| Dec 2025 | 1.07 | 1.70 | +58.9% |
| Sep 2025 | 0.63 | 0.75 | +19.0% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 1.90 | 1 | $216.59M | +36.4% |
| Next quarter | 1.38 | 1 | $203.32M | +4.1% |
| Current year | 4.60 | 1 | $692.00M | +2.3% |
| Next year | 2.94 | 2 | $717.58M | +3.7% |
Analyst targets & ownership
Mean target$46.00
High target$50.00
Low target$42.00
Implied upside-8.86%
Analyst count2
ConsensusSTRONG BUY
Strong buy / Buy0 / 2
Hold0
Sell / Strong sell0 / 0
Held by insiders28.07%
Held by institutions34.06%
Institutions holding141
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
48.15
+4.82% from price
SMA 20
48.78
+3.47% from price
SMA 50
44.15
+14.32% from price
SMA 100
41.57
+21.42% from price
SMA 200
37.21
+35.64% from price
EMA 12
48.88
+3.26% from price
EMA 26
47.36
+6.56% from price
EMA 50
45.20
+11.66% from price
RSI (14)
63.6
Neutral
MACD (12,26,9)
1.51
Hist -0.03
ATR (14)
2.20
4.37% of price
Realised vol 30D
40.2%
Annualised
Bollinger upper
53.75
20, 2σ
Bollinger lower
43.81
20, 2σ
50 / 200 cross
Golden
44.15 vs 37.21
Trend bias
Above 200
+35.64%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
0.39
Less volatile than market
Correlation to SPY
0.14
Largely independent
Realised vol 30D
40.2%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-20.5%
Peak to trough
Max drawdown 5Y
-56.0%
Peak to trough
ATR 14
2.20
4.37% of price
Beta (reported)
-0.09
5Y monthly, from filing
Short interest
Shares short
286.60K
Prior 204.45K
Change vs prior
+40.2%
Shorts adding
% of float
1.08%
Normal
% of shares out
0.95%
Against total outstanding
Days to cover
0.8
Liquid
Float
21.54M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 20, 25 | Jefferies | MAINTAINED | Hold | Hold |
| Sep 10, 25 | Jefferies | MAINTAINED | Hold | Hold |
| Jun 17, 25 | Jefferies | MAINTAINED | Hold | Hold |
| Dec 5, 24 | Alliance Global Partners | INITIATED | — | Buy |
| Nov 26, 24 | Jefferies | MAINTAINED | Hold | Hold |
| Nov 14, 24 | Jefferies | MAINTAINED | Hold | Hold |
| Mar 27, 24 | Jefferies | MAINTAINED | Buy | Buy |
| Mar 21, 24 | Jefferies | MAINTAINED | Buy | Buy |
Dividends & splits
Forward rate$2.00 / yr
Forward yield3.96%
5-year avg yield2.01%
Payout ratio16.21%
Ex-dividend dateJul 23, 2026
Next pay dateJul 30, 2026
Last split1:5
Split dateJul 1, 2020
SEC filings
Corporate Changes & Voting Matters
6-K · 2026-09-17
Offering Registrations
F-3ASR · 2026-07-02
Corporate Changes & Voting Matters
6-K · 2026-05-22
Corporate Changes & Voting Matters
6-K · 2026-04-17
Periodic Financial Reports
20-F · 2026-04-06
Corporate Changes & Voting Matters
6-K · 2025-11-21
Corporate Changes & Voting Matters
6-K · 2025-10-30
Corporate Changes & Voting Matters
6-K · 2025-09-30
Headlines
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares
GlobeNewswire · 2d ago
Tsakos Energy Navigation Highlights $3.6B Contract Backlog, Tanker Fleet Expansion
MarketBeat · 5d ago
Tsakos Energy Navigation Sells Oldest Tanker for $13 Million
MT Newswires · 9d ago
TEN, Ltd. Continues Its Fleet Renewal and Reports Sale of Panamax Tanker
GlobeNewswire · 9d ago
Tsakos Energy Navigation (TEN) Earnings Jump Raises A Bigger Question About Valuation
Simply Wall St. · 22d ago
Unpopular Stocks Walking a Fine Line
StockStory · 22d ago
Dry Bulk, Gas, & Tanker Shipping Industry Leaders Presenting at Capital Link’s 18th Annual New York Maritime Forum – Wednesday, September 30, 2026, New York City
GlobeNewswire · 23d ago
Tsakos Energy Navigation (TEN) Just Posted Its Best Half Ever
Insider Monkey · 24d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
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