TS - Tenaris S.A.

NYSE - NYSE Delayed Price. Currency in USD
21.89
+0.14 (+0.64%)
At close: 4:02PM EST

21.89 0.00 (0.00%)
After hours: 4:17PM EST

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Previous Close21.75
Open21.83
Bid21.87 x 1300
Ask21.97 x 3100
Day's Range21.70 - 21.98
52 Week Range19.90 - 30.32
Volume3,952,914
Avg. Volume2,756,107
Market Cap11.83B
Beta (3Y Monthly)0.89
PE Ratio (TTM)15.82
EPS (TTM)1.38
Earnings DateN/A
Forward Dividend & Yield0.82 (3.79%)
Ex-Dividend Date2019-11-18
1y Target Est28.35
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  • 3 Undervalued Stocks Offering Juicier Dividend Yields Than S&P 500
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    3 Undervalued Stocks Offering Juicier Dividend Yields Than S&P 500

    The market rally is alive and well. Following the Federal Reserve’s third rate cut this year, the S&P 500 moved higher on Wednesday. This is on top of the 2% gain the index has already seen since market close on October 22. Bearing this in mind, investors are looking for ways to capitalize on the market’s upward momentum.Analysts suggest that investors seek out the stocks that can reliably generate profits and reward investors with consistent payouts, namely dividend stocks. That being said, it should be noted that not all dividend stocks are created equal, with some offering significantly higher yields than others.So how are investors supposed to determine which dividend names represent the most compelling investments? We recommend using TipRanks’ Stock Screener. The tool helped us pinpoint 3 Buy-rated names that each boast a dividend yield of more than 5%, while the average dividend yield of the S&P 500 stands at 1.85%.Plains All American Pipeline (PAA)Plains All American specializes in the transportation, logistics and storage of crude oil, with its primary focus being the Permian Basin, a large and resource rich region spanning the southwestern part of the U.S. Despite the fact that shares have been hurting recently, the Street’s pros see gains stemming from the Permian business as well as new projects.While concerns have been expressed regarding the overbuilding of the Permian Basin, PAA’s Permian pipes have continued to sustain a solid level of contracts. Not to mention PAA is actively participating in the construction of new Capine, Red Oak and Wink-Webster pipes through its partnerships with major refining companies. These partnerships include the likes of Phillips 66, which PAA joined forces with back in June to build the Red Oak pipeline system.With the company on a steady growth path, part of its appeal lies in its ability to maintain a stable dividend. PAA consistently rewards investors, with its annual payout of $1.44 per share putting the dividend yield at 7.75%.Steve Fleishman of Wolfe Research told clients that all of the above lends itself to his bullish thesis. “The company offers well above average growth both organically through its Permian-focused business and through several large new capital projects where PAA has partnered with large refining companies,” the analyst explained. Fleishman added that PAA’s strong balance sheet is “now one of the best in the sector."Fleishman rates PAA an Overweight along with a $27 price target, which implies about 50% upside from current levels. (To watch Fleishman’s track record, click here)Similarly, the rest of the Street is in favor of this dividend stock. 6 "buy" ratings vs 2 "holds" assigned in the last three months give it a ‘Strong Buy’ analyst consensus. Additionally, its $26 average price target implies about 44% upside potential. (See PAA stock analysis on TipRanks)Philip Morris (PM)While best known for its tobacco brands like Marlboro, Philip Morris is captivating investors thanks to its iQOS products. iQOS is an electronic tobacco heating system, differing from traditional cigarettes in that it doesn’t burn the tobacco when it’s smoked.iQOS is the only FDA-authorized reduced-risk product (RRP) allowed to sell mint and menthol flavors, giving it a significant competitive advantage in the U.S. The mint/menthol flavor plays a key role in adult smoker conversion as menthol makes up about 35% of total combust cigarette volume. The tobacco product’s potential isn’t limited to the U.S. iQOS’ launch in the EU only covers about half of the region’s population, leaving plenty of the market untapped. Not to mention there is a substantial opportunity to capture the market in Russia.That being said, PM’s strength as a dividend stock can’t be ignored. Shareholders that get onboard now can expect a substantial reward. It offers the largest annualized payout out of all the names on our list, $4.68 per share to be exact. AdditionallyAll of this prompted top analyst, Wells Fargo’s Bonnie Herzog, to reaffirm her Bullish stance on PM. While she lowered her price target from $102 to $100, the four-star analyst is confident the company can deliver reliable returns, with the upside potential still coming in at a respectable 22%. “Given PM’s superior profit, existing infrastructure, capital strength, strong free cash flow, attractive 5%-plus dividend yield, leading global brand portfolio including Marlboro and deep management team with superior knowledge of the global tobacco industry, we expect the stock to outperform over the next 12 months,” she commented. (To watch Herzog’s track record, click here)The rest of the Street is slightly more cautious regarding PM. Its ‘Moderate Buy’ consensus rating comes from 6 Buy ratings, 2 Holds and 1 Sell received in the last three months. Analysts see about 10% upside potential based on its $89.43 average price target. (See Philip Morris stock analysis on TipRanks)Tenaris SA (TS)When a stock scores a ratings upgrade, it’s a signal to investors that a unique opportunity may be presenting itself. This is the case for steel pipe and tube manufacturer Tenaris.Wolfe Research analyst Blake Gendron just bumped up his rating from a Hold to a Buy, citing its free cash flow yield as well as its offshore optionality as particularly noteworthy. “TS has a relatively defensive balance sheet and robust FCF outlook (10% EV on our FY20 estimates), underpinned by its capital light footprint,” he noted.While the analyst acknowledged that the fuel price freeze in Argentina could impact TS’ top-line performance, a new contract could offset any negatives. The company was recently awarded a five-year contract with Abu Dhabi National Oil Company (ADNOC) worth $1.9 billion to provide tubulars and Rig Direct services. As a result, Gendron believes that TS is the most compelling name in the space, calling it “our WR CE top pick”. All of this lends itself to a potential twelve month gain of 32%, according to the analyst. (To watch Gendron’s track record, click here)Along with promising new opportunities and a strong balance sheet, TS is an attractive investment based on its continued ability to pay a solid dividend. With its $1.12 annualized payout amounting to a 5.4% yield, it’s no wonder TS is a resounding Buy among Wall Street analysts.Not only is the stock a Buy, but the fact that only bullish calls have been published in the last three months give it a ‘Strong Buy’ Street consensus. It also doesn’t hurt that its $31 average price target suggests 45% upside potential. (See Tenaris stock analysis on TipRanks)

  • GlobeNewswire

    Tenaris Announces 2019 Third Quarter Results

    The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and.

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  • Is Tenaris S.A.  (TS) Going To Burn These Hedge Funds?
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    Is Tenaris S.A. (TS) Going To Burn These Hedge Funds?

    We can judge whether Tenaris S.A. (NYSE:TS) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into their best ideas. […]

  • Exec: Low demand suppresses U.S. growth for pipe manufacturer
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    Exec: Low demand suppresses U.S. growth for pipe manufacturer

    While the pipe manufacturer did recently restart an incomplete project in Conroe, it isn’t seeing much to encourage further immediate growth in the U.S. Here's one executive's take on the current situation.

  • GlobeNewswire

    Delisting of Tenaris’s shares in Argentina to become effective on October 11, 2019

    Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) (“Tenaris”, or the “Company”) announced today that the Argentine National Securities Commission (Comisión Nacional de Valores, or “CNV”) has authorized the delisting of the Company’s shares in Argentina, through a voluntarily withdrawal from listing pursuant to Article 32, clause c), Section VIII, Chapter II of Title III of the rules (Normas) of the CNV, permitting the Company to delist without making a delisting public tender offer. The delisting of the Company’s shares in Argentina will become effective as of the close of business on October 10, 2019.

  • Rigzone.com

    $3.6B ADNOC Contracts Go to Tenaris, Others

    ADNOC awards contracts for casing and tubing.

  • Thomson Reuters StreetEvents

    Edited Transcript of TEN.MI earnings conference call or presentation 1-Aug-19 1:00pm GMT

    Q2 2019 Tenaris SA Earnings Call

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  • GlobeNewswire

    Tenaris Announces 2019 Second Quarter Results

    The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and.

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  • GlobeNewswire

    General Shareholders Meeting approves delisting of Tenaris’s shares from the Buenos Aires stock exchange

    Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) announced today that its General Shareholders Meeting has approved the delisting of the Company’s shares from the Buenos Aires stock exchange, Bolsas y Mercados Argentinos S.A. (“BYMA”), through a voluntarily withdrawal from listing pursuant to Article 32, clause c), Section VIII, Chapter II of Title III of the rules (Normas) of the Argentine National Securities Commission (Comisión Nacional de Valores, or “CNV”), which permits the Company to delist from BYMA without making a delisting public tender offer.

  • GlobeNewswire

    Tenaris Convenes General Meeting of Shareholders

    Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) announces that it has published the convening notice to the General Meeting of Shareholders that will be held on July 29, 2019, at 11:00 a.m. (Central European Time) at Tenaris’s registered office, located at 29, avenue de la Porte-Neuve, 3rd Floor, L-2227 Luxembourg, to consider, and if thought fit, approve the delisting of Tenaris’s shares from the Buenos Aires stock exchange, Bolsas y Mercados Argentinos S.A., through a voluntary withdrawal from listing. The convening notice (which includes the agenda for the meeting and the procedures for attending and/or voting at the meeting) can be downloaded from the Luxembourg Stock Exchange’s website at www.bourse.lu/regulated-information-oam.

  • Here’s What Hedge Funds Think About Tenaris S.A. (TS)
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    Here’s What Hedge Funds Think About Tenaris S.A. (TS)

    The government requires hedge funds and wealthy investors that crossed the $100 million equity holdings threshold are required to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings level the playing field for ordinary investors. The latest round of 13F filings disclosed the […]

  • GlobeNewswire

    Tenaris announces the convening of General Shareholders Meeting to consider the delisting of its shares from the Buenos Aires stock exchange

    Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) announced today that its Board of Directors has resolved to convene a General Shareholders Meeting to consider and, if thought fit, approve the delisting of the Company’s shares from the Buenos Aires stock exchange, Bolsas y Mercados Argentinos S.A. (“BYMA”), through a voluntarily withdrawal from listing pursuant to Article 32, clause c), Section VIII, Chapter II of Title III of the rules (Normas) of the Argentine National Securities Commission (Comisión Nacional de Valores, or “CNV”), which permits the Company to delist from BYMA without making a delisting public tender offer.

  • All You Need To Know About Tenaris S.A.'s (BIT:TEN) Financial Health
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    Tenaris S.A. (BIT:TEN), a large-cap worth €13b, comes to mind for investors seeking a strong and reliable stock...

  • With A Return On Equity Of 7.2%, Has Tenaris S.A.'s (BIT:TEN) Management Done Well?
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    With A Return On Equity Of 7.2%, Has Tenaris S.A.'s (BIT:TEN) Management Done Well?

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  • Thomson Reuters StreetEvents

    Edited Transcript of TEN.MI earnings conference call or presentation 3-May-19 1:00pm GMT

    Q1 2019 Tenaris SA Earnings Call

  • GlobeNewswire

    Shareholders approve all resolutions on the agenda of Tenaris’s Annual General Meeting

    LUXEMBOURG, May 06, 2019 -- Tenaris S.A. (NYSE, Buenos Aires and Mexico: TS and MTA Italy: TEN) announced that its annual general meeting of shareholders approved today all.

  • GlobeNewswire

    Tenaris Announces 2019 First Quarter Results

    The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and.

  • Could Tenaris S.A.'s (BIT:TEN) Investor Composition Influence The Stock Price?
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    Engadine Partners LLP Buys Tenaris SA, Sells International Flavors & Fragrances Inc

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