Teekay Tankers Ltd. Reports First Quarter 2016 Results
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May 20, 2016 7:05 AM EDT
BofA/Merrill Lynch downgraded Teekay Tankers (NYSE: TNK) from Neutral to Underperform with a price target of $3.00.
For an analyst ratings summary and ratings history on Teekay Tankers click here. For more ratings news on Teekay Tankers click here.
Shares of Teekay Tankers closed at $3.57 yesterday.
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May 19, 2016 9:29 AM EDT
Teekay Tankers Ltd (NYSE: TNK) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.
The dividend will be payable on June 3, 2016, to stockholders of record on May 30, 2016, with an ex-dividend date of May 25, 2016.
The annual yield on the dividend is 9.3... More
May 19, 2016 9:29 AM EDT
Teekay Tankers Ltd (NYSE: TNK) reported Q1 EPS of $0.29, $0.08 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $164.95 million versus the consensus estimate of $160.1 million.
During the first quarter of 2016, the Company generated $66.2 million, or $0.42 per share, of free cash... More
