Teekay Tankers Stock Forecast for 2023 - 2025 - 2030

Updated on 05/01/2024

Stock Rating
6
Price Target
$70.00
Consensus
Outperform
Upside
21.51%
Analysts
4
Stock Rating
6
Upside
21.51%
Analysts
4
Price Target
$70.00

Teekay Tankers Stock Forecast and Price Target

Teekay Tankers has an average price target of $70.00 recently offered by four notable experts for 2024, which would represent a potential upside of approximately 21.51% from the last closing price in May, 2024 if reached. This potential increase is based on a high estimate of $74.00 and a low estimate of $66.00. Even if not interested in TNK stock, you may want to be aware of its competitors.

$70.00

21.51% Upside

Buy
Buy

Teekay Tankers Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Teekay Tankers's Price has decreased from $11.94 to $0.00 – a 100.00% drop! For next year, analysts predict Fair Value of $30.56, which would mean an increase of 100.00%. Over the next seven years, experts predict that Teekay Tankers's Fair Value will grow at a rate of 100.00%.

2024 Fair Value Forecast
$30.56
2025 Fair Value Forecast
$32.06
2026 Fair Value Forecast
$46.42
2027 Fair Value Forecast
$25.44
2028 Fair Value Forecast
$29.41
2029 Fair Value Forecast
$33.14
2030 Fair Value Forecast
$39.52
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
FRO Stock Forecast Frontline Outperform 12
$23.39 Buy/Sell $24.01 20.82%
TRMD A Stock Forecast TORM Buy 11
kr235.80 Buy/Sell kr38.04 -82.91%
INSW Stock Forecast International Seaways Buy 8
$54.64 Buy/Sell $61.25 21.71%
DHT Stock Forecast DHT Holdings Buy 12
$11.39 Buy/Sell $12.20 22.91%
DNORD Stock Forecast Dampskibsselskabet Norden A/S - 18
kr286.00 Buy/Sell kr25.98 -100.00%

Teekay Tankers Revenue Forecast for 2023 - 2025 - 2030

In the last three years, Teekay Tankers's Revenue has grown by 53.93%, rising from $886.43M to $1.36B. The next year, 6 experts forecast that Teekay Tankers's Revenue will decrease by 44.80%, reaching $753.14M. In 2030, professionals predict that Teekay Tankers's Revenue will decrease by 34.29%, reaching $896.56M.

2024 Rev Forecast
$0.75B
2025 Rev Forecast
$0.73B
2026 Rev Forecast
$0.89B
2027 Rev Forecast
$1.08B
2028 Rev Forecast
$0.96B
2029 Rev Forecast
$0.89B
2030 Rev Forecast
$0.90B

Teekay Tankers Dividend per Share Forecast for 2023 - 2025 - 2030

In the last zero years, Teekay Tankers has seen a decline in its Dividend per Share, from $1.00 to $1.00 – a 0.00% decrease. For next year, analysts predict Dividend per Share of $2.09, which would mean an increase of 109.00%. Over the next seven years, experts predict that Teekay Tankers's Dividend per Share will grow at a rate of 74.52%.

2024 DPS Forecast
$2.09
2025 DPS Forecast
$2.47
2026 DPS Forecast
$1.00
2027 DPS Forecast
$1.26
2028 DPS Forecast
$1.73
2029 DPS Forecast
$2.30
2030 DPS Forecast
$1.75

Teekay Tankers Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$0.39B
2025 FCF Forecast
$0.47B
2026 FCF Forecast
$0.45B
2027 FCF Forecast
$0.44B
2028 FCF Forecast
$0.42B
2029 FCF Forecast
$0.44B
2030 FCF Forecast
$0.44B

Teekay Tankers EBITDA Forecast for 2023 - 2025 - 2030

Teekay Tankers's EBITDA has grown In the last three years, rising from $301.78M to $624.35M – a growth of 106.89%. According to 7 prominent analysts, Teekay Tankers's EBITDA will fall by 27.06% in the next year, reaching $455.38M. By 2030, professionals believe that Teekay Tankers's EBITDA will decrease by 3.40%, reaching $603.10M – a concerning trend for the company.

2024 EBITDA Forecast
$0.46B
2025 EBITDA Forecast
$0.50B
2026 EBITDA Forecast
$0.67B
2027 EBITDA Forecast
$0.68B
2028 EBITDA Forecast
$0.60B
2029 EBITDA Forecast
$0.57B
2030 EBITDA Forecast
$0.60B

Teekay Tankers EBIT Forecast for 2023 - 2025 - 2030

Teekay Tankers's EBIT has seen impressive growth In the last three years, rising from $212.42M to $526.80M – a growth of 148.00%. In the following year, 7 experts forecast Teekay Tankers's EBIT will decrease by 32.17%, to $357.35M. In 2030, professionals predict that Teekay Tankers's EBIT will decrease by 3.73%, to $507.14M.

2024 EBIT Forecast
$0.36B
2025 EBIT Forecast
$0.40B
2026 EBIT Forecast
$0.57B
2027 EBIT Forecast
$0.59B
2028 EBIT Forecast
$0.50B
2029 EBIT Forecast
$0.48B
2030 EBIT Forecast
$0.51B

Teekay Tankers EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Teekay Tankers's EPS has decreased from $4.54 to $0.00 – a 100.00% drop! For next year, analysts predict EPS of $11.62, which would mean an increase of 100.00%. Over the next seven years, experts predict that Teekay Tankers's EPS will grow at a rate of 100.00%.

2024 EPS Forecast
$11.62
2025 EPS Forecast
$12.19
2026 EPS Forecast
$17.65
2027 EPS Forecast
$9.67
2028 EPS Forecast
$11.18
2029 EPS Forecast
$12.60
2030 EPS Forecast
$15.03