Teekay Tankers (NYSE: TNK) has recently received a number of price target changes and ratings updates:
- 5/30/2026 – Teekay Tankers was upgraded by Wall Street Zen from “buy” to “strong-buy”.
- 5/21/2026 – Teekay Tankers was upgraded by Zacks Research from “hold” to “strong-buy”.
- 5/20/2026 – Teekay Tankers had its price target raised by Bank of America Corporation from $69.00 to $75.00. They now have an “underperform” rating on the stock.
- 5/15/2026 – Teekay Tankers had its “outperform” rating reaffirmed by Evercore Inc. They now have a $86.00 price target on the stock.
- 4/21/2026 – Teekay Tankers had its “outperform” rating reaffirmed by Evercore Inc. They now have a $90.00 price target on the stock.
- 4/20/2026 – Teekay Tankers was downgraded by Zacks Research from “strong-buy” to “hold”.
- 4/18/2026 – Teekay Tankers was upgraded by Wall Street Zen from “hold” to “buy”.
Teekay Tankers Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 26th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, May 26th. Teekay Tankers’s dividend payout ratio is currently 8.13%.
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.
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