Teekay Tankers stock reports 32.60 percent revenue growth

Published on 10/01/2026 at 02:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Teekay Tankers stock posted USD 5.56 EPS on July 29, 2026, below USD 5.61 consensus. Analysts set a USD 77.00 target as market value reached USD 3.4 billion.

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Teekay Tankers (MHY8565N3002) reported USD 258.26 million in Q2 2026 revenue, up 32.60 percent year over year. According to MarketBeat on September 13, 2026, the company reported USD 5.56 EPS for the quarter, below the USD 5.61 consensus estimate.

Revenue growth meets an earnings miss

The Q2 report, issued on July 29, 2026, showed a sharp year-over-year improvement in revenue, but the earnings comparison was less favorable against expectations. EPS still stood well above the USD 1.41 reported for the same quarter a year earlier, according to MarketBeat.

The result leaves two different signals for shareholders. Revenue expanded by 32.60 percent, while the USD 0.05 EPS shortfall against consensus shows that higher sales did not translate into a full earnings beat.

Analyst target stays below the stock

MarketBeat reported a Moderate Buy consensus from eight ratings and an average 12-month price target of USD 77.00 on September 13, 2026. The same report listed one sell rating, three hold ratings, three buy ratings and one strong buy rating.

The target sits below the NYSE quote available on September 30, 2026, which puts the analyst view at odds with the stock's elevated market level. MarketBeat also reported that the company paid a quarterly dividend of USD 0.25 per share, equal to USD 1.00 on an annualized basis.

Market value stays near the yearly high

On the NYSE, Teekay Tankers was last at USD 97.06 on September 30, 2026 at 4:00 p.m. ET. Its market capitalization was USD 3.4 billion on that date, while the 52-week range stood at USD 47.18 to USD 103.16.

The share price therefore remained near the upper end of its yearly range, but the gap between the USD 77.00 consensus target and the latest NYSE quote makes the next earnings update important for valuation. Teekay Tankers operates marine transportation services for crude oil, refined petroleum products and other liquid cargoes.