OceanPal (NASDAQ:OP – Get Free Report) and Tsakos Energy Navigation (NYSE:TEN – Get Free Report) are both small-cap transportation companies, but which is the superior stock? We will compare the two companies based on the strength of their analyst recommendations, risk, dividends, institutional ownership, earnings, profitability and valuation.
Volatility and Risk
OceanPal has a beta of 0.52, meaning that its share price is 48% less volatile than the S&P 500. Comparatively, Tsakos Energy Navigation has a beta of -0.31, meaning that its share price is 131% less volatile than the S&P 500.
Analyst Recommendations
This is a summary of recent ratings and recommmendations for OceanPal and Tsakos Energy Navigation, as provided by MarketBeat.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| OceanPal | 0 | 0 | 0 | 0 | 0.00 |
| Tsakos Energy Navigation | 0 | 1 | 1 | 1 | 3.00 |
Profitability
This table compares OceanPal and Tsakos Energy Navigation’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| OceanPal | -37.37% | -10.69% | -10.06% |
| Tsakos Energy Navigation | 22.57% | 19.07% | 9.04% |
Dividends
OceanPal pays an annual dividend of $2.00 per share and has a dividend yield of 241.0%. Tsakos Energy Navigation pays an annual dividend of $1.80 per share and has a dividend yield of 11.1%. OceanPal pays out -105.8% of its earnings in the form of a dividend. Tsakos Energy Navigation pays out 35.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. OceanPal is clearly the better dividend stock, given its higher yield and lower payout ratio.
Valuation & Earnings
This table compares OceanPal and Tsakos Energy Navigation”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| OceanPal | $5.27 billion | 0.00 | -$1.98 million | ($1.89) | -0.44 |
| Tsakos Energy Navigation | $836.04 million | 0.57 | $300.18 million | $5.05 | 3.20 |
Tsakos Energy Navigation has lower revenue, but higher earnings than OceanPal. OceanPal 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.
Insider & Institutional Ownership
19.2% of Tsakos Energy Navigation shares are owned by institutional investors. 1.4% of Tsakos Energy Navigation shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Summary
Tsakos Energy Navigation beats OceanPal on 13 of the 17 factors compared between the two stocks.
About OceanPal
OceanPal Inc. provides ocean-going transportation services worldwide. The company owns and operates dry bulk carriers that transport major bulks, such as iron ore, coal, and grains, as well as minor bulks, including bauxite, phosphate, and fertilizers. As of December 31, 2023, its fleet consisted of five dry bulk carriers, which include three Panamaxes and two Capesize vessels with a cargo carrying capacity of approximately 572,599 deadweight tons. The company was incorporated in 2021 and is based in Athens, Greece.
About Tsakos Energy Navigation
Tsakos Energy Navigation Ltd. engages in the provision of seaborne crude oil and petroleum product transportation services. Its activities include the operation of crude tankers, product tankers, and liquefied natural gas carriers. The company was founded by Nikolas P. Tsakos and Michael Gordon Jolliffee in July 1993 and is headquartered in Athens, Greece.
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