Tsakos Energy Navigation (NYSE: TNP) and Baltic Trading (NYSE:BALT) are both small-cap industrials companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, earnings, risk, profitability, analyst recommendations, institutional ownership and valuation.
Volatility and Risk
Tsakos Energy Navigation has a beta of 1.51, suggesting that its share price is 51% more volatile than the S&P 500. Comparatively, Baltic Trading has a beta of 1.33, suggesting that its share price is 33% more volatile than the S&P 500.
Tsakos Energy Navigation pays an annual dividend of $0.20 per share and has a dividend yield of 5.0%. Baltic Trading does not pay a dividend. Tsakos Energy Navigation pays out 100.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
This is a breakdown of current recommendations and price targets for Tsakos Energy Navigation and Baltic Trading, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Tsakos Energy Navigation||0||2||6||0||2.75|
Tsakos Energy Navigation presently has a consensus price target of $5.50, suggesting a potential upside of 37.50%. Given Tsakos Energy Navigation’s higher possible upside, equities research analysts plainly believe Tsakos Energy Navigation is more favorable than Baltic Trading.
This table compares Tsakos Energy Navigation and Baltic Trading’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Tsakos Energy Navigation||5.64%||2.02%||0.88%|
Earnings & Valuation
This table compares Tsakos Energy Navigation and Baltic Trading’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Tsakos Energy Navigation||$481.79 million||0.70||$55.78 million||$0.20||20.00|
Tsakos Energy Navigation has higher revenue and earnings than Baltic Trading. Baltic Trading is trading at a lower price-to-earnings ratio than Tsakos Energy Navigation, indicating that it is currently the more affordable of the two stocks.
Institutional & Insider Ownership
26.0% of Tsakos Energy Navigation shares are owned by institutional investors. 1.0% of Tsakos Energy Navigation shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Tsakos Energy Navigation beats Baltic Trading on 12 of the 13 factors compared between the two stocks.
About Tsakos Energy Navigation
Tsakos Energy Navigation Ltd is a provider of international seaborne crude oil and petroleum product transportation services. The Company operates through maritime transportation of liquid energy related products segment. It operates a fleet of approximately 57 modern crude oil and petroleum product tankers that provide marine transportation services for national and other independent oil companies and refiners under long, medium and short-term charters. Its fleet also includes a liquefied natural gas (LNG) carrier and over two shuttle suezmax tankers with dynamic positioning technology (DP2). This fleet diversity includes a range of sister ships. The Company’s fleet consists of 65 double-hull vessels totaling 7.2 million deadweight tonnage. Its diversified fleet, which includes VLCC, suezmax, aframax, panamax, handysize, handymax tankers, LNG carrier and DP2 shuttle tankers, allows it to serve its customers’ international petroleum product and crude oil transportation needs.
About Baltic Trading
Baltic Trading Limited is a shipping business focused on the drybulk industry spot market. The Company’s fleet consists of four Capesize vessels, two Ultramax vessels, four Supramax vessels and five Handysize vessels with an aggregate carrying capacity of approximately 1,221,000 deadweight tons. Its fleet contains six groups of sister ships, which are vessels of virtually identical sizes and specifications. It operates a fleet of drybulk ships that transport iron ore, coal, grain, steel products and other drybulk cargoes along shipping routes around the world. It operates its vessels on spot market-related time charters, short-term time charters or in vessel pools trading in the spot market. Genco Shipping & Trading Limited (Genco) serves as the Company’s manager. Genco provides it with commercial and strategic management of its fleet.
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