Teekay Tankers (TNK) Projected to Announce Earnings on Wednesday

Teekay Tankers (NYSE:TNK) is anticipated to issue its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of $4.63 per share and revenue of $269.99 million for the quarter. Parties can check the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Thursday, November 12, 2026 at 11:00 AM ET.

Teekay Tankers (NYSE:TNK) last issued its quarterly earnings results on Wednesday, July 29th. The shipping company reported $5.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.61 by ($0.05). The firm had revenue of $258.26 million during the quarter, compared to analysts’ expectations of $299.03 million. The company’s revenue was up 32.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.41 EPS. On average, analysts expect Teekay Tankers to post $15.40 EPS for the current fiscal year and $7.45 EPS for the next fiscal year.

Teekay Tankers Stock Performance

TNK stock opened at $98.22 on Wednesday. The company’s 50 day moving average is $96.55 and its 200 day moving average is $78.41. Teekay Tankers has a 1-year low of $50.94 and a 1-year high of $110.65.

Insider Transactions at Teekay Tankers

In related news, Director David Schellenberg sold 7,344 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $100.00, for a total transaction of $734,400.00. Following the completion of the transaction, the director owned 7,344 shares in the company, valued at $734,400. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Rohit (Rk2) Kapoor sold 6,375 shares of Teekay Tankers stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $89.28, for a total transaction of $569,160.00. Following the completion of the sale, the director owned 2,126 shares in the company, valued at approximately $189,809.28. This trade represents a 74.99% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 14,561 shares of company stock worth $1,380,350. 1.90% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on TNK shares. Zacks Research cut Teekay Tankers from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Evercore reissued an “outperform” rating and issued a $116.00 price target on shares of Teekay Tankers in a research note on Tuesday. Weiss Ratings upgraded shares of Teekay Tankers from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Finally, Wall Street Zen cut Teekay Tankers from a “strong-buy” rating to a “buy” rating in a research note on Sunday, August 2nd. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $87.00.

Teekay Tankers Company Profile

Teekay Tankers Ltd. (NYSE: TNK) is a marine transportation company that owns and operates crude oil and refined petroleum product tankers. Its fleet serves energy companies, commodity traders, government entities and other customers that require the ocean transportation of liquid hydrocarbons.

The company’s activities include vessel ownership, commercial management and technical operation of tankers. Teekay Tankers operates vessels under a combination of spot-market and time-charter arrangements, providing transportation services for crude oil, fuel oil, gasoline, jet fuel and other refined petroleum products.