The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But in contrast you can make much more than 100% if the company does well. To wit, the Tsakos Energy Navigation Limited (NYSE:TNP) share price has flown 249% in the last three years. Most would be happy with that. On top of that, the share price is up 18% in about a quarter.
Since the long term performance has been good but there's been a recent pullback of 6.8%, let's check if the fundamentals match the share price.
While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time.
During three years of share price growth, Tsakos Energy Navigation moved from a loss to profitability. That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here.
The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers).
NYSE:TNP Earnings Per Share Growth June 15th 2024
It is of course excellent to see how Tsakos Energy Navigation has grown profits over the years, but the future is more important for shareholders. This free interactive report on Tsakos Energy Navigation's balance sheet strength is a great place to start, if you want to investigate the stock further.
What About Dividends?
It is important to consider the total shareholder return, as well as the share price return, for any given stock. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Tsakos Energy Navigation, it has a TSR of 279% for the last 3 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments!
A Different Perspective
We're pleased to report that Tsakos Energy Navigation shareholders have received a total shareholder return of 58% over one year. Of course, that includes the dividend. Since the one-year TSR is better than the five-year TSR (the latter coming in at 16% per year), it would seem that the stock's performance has improved in recent times. Someone with an optimistic perspective could view the recent improvement in TSR as indicating that the business itself is getting better with time. It's always interesting to track share price performance over the longer term. But to understand Tsakos Energy Navigation better, we need to consider many other factors. For instance, we've identified 3 warning signs for Tsakos Energy Navigation that you should be aware of.
But note: Tsakos Energy Navigation may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast).
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
株主リターン全体と株価リターンを考慮することは、任意の株式について重要です。TSRは、現金配当の価値(受け取った配当が再投資されたことを前提に)と、割引された資本調達と分割の計算された価値を考慮したリターン計算です。配当を支払う株式にとって、TSRがより完全な情報を提供することが出来ると言えます。Tsakos Energy Navigationの場合、過去3年間のTSRは279%に達しています。これは、以前に言及した株価上昇を上回っています。これは主に、配当支払いの結果です。
Tsakos Energy Navigation株式について詳しく調べたい場合は、株主リターン全体と株価リターンを考慮することが重要です。TSRは、現金配当の価値(受け取った配当が再投資されたことを前提に)と、割引された資本調達と分割の計算された価値を考慮したリターン計算です。配当を支払う株式にとって、TSRがより完全な情報を提供することが出来ると言えます。Tsakos Energy Navigationの場合、過去3年間のTSRは279%に達しています。これは、以前に言及した株価上昇を上回っています。これは主に、配当支払いの結果です。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。
オーストラリアでは、moomooの投資商品及びサービスはMoomoo Securities Australia Limitedによって提供され、オーストラリア証券投資委員会(ASIC)の管理を受けております(AFSL No. 224663)。「金融サービスガイド」、「利用規約」、「プライバシーポリシー」などの詳細は、Moomoo Securities Australia Limitedのウェブサイトhttps://www.moomoo.com/auでご確認いただけます。