Teekay Corporation provides crude oil and gas marine transportation; offshore oil production; and storage and offloading services in Bermuda and internationally. It operates shuttle tankers, floating storage and offloading (FSO) units, HiLoad dynamic positioning units, and long-distance towing and offshore installation vessels, as well as offers offshore accommodation, storage, and support for maintenance and modification projects. The company also operates floating production, storage, and offloading (FPSO) units, as well as other vessels used to service its FPSO contracts; liquefied natural gas (LNG) and liquefied petroleum gas carriers; and conventional crude oil and product tankers. As of December 31, 2016, its fleet consisted of 214 vessels. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation. Teekay Corporation was founded in 1973 and is based in Hamilton, Bermuda.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
SymbolNYSE:TK
CUSIPY8564W10
Phone441-298-2530
Debt
Debt-to-Equity Ratio1.28%
Current Ratio0.70%
Quick Ratio0.70%
Price-To-Earnings
Trailing P/E Ratio-6.50
Forward P/E Ratio28.94
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.88 billion
Price / Sales0.43
Cash Flow$3.7689 per share
Price / Cash2.38
Book Value$47.75 per share
Price / Book0.19
Profitability
EPS (Most Recent Fiscal Year)($1.38)
Net Income$-151,710,000.00
Net Margins-8.05%
Return on Equity-3.36%
Return on Assets-1.08%
Miscellaneous
Employees6,800
Outstanding Shares90,260,000
Teekay (NYSE:TK) Frequently Asked Questions
What is Teekay's stock symbol?
Teekay trades on the New York Stock Exchange (NYSE) under the ticker symbol "TK."
How often does Teekay pay dividends? What is the dividend yield for Teekay?
Teekay declared a quarterly dividend on Wednesday, April 4th. Stockholders of record on Friday, May 4th will be given a dividend of $0.055 per share on Wednesday, May 16th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.45%. The ex-dividend date is Thursday, May 3rd. View Teekay's Dividend History.
How were Teekay's earnings last quarter?
Teekay (NYSE:TK) posted its earnings results on Thursday, February, 22nd. The shipping company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by $0.06. The shipping company had revenue of $326.70 million for the quarter, compared to analyst estimates of $508.35 million. Teekay had a negative net margin of 8.05% and a negative return on equity of 3.36%. The company's revenue was down 40.8% on a year-over-year basis. During the same period last year, the firm earned ($0.22) EPS. View Teekay's Earnings History.
When is Teekay's next earnings date?
What price target have analysts set for TK?
3 analysts have issued twelve-month price objectives for Teekay's shares. Their predictions range from $6.00 to $8.00. On average, they anticipate Teekay's stock price to reach $7.00 in the next year. View Analyst Ratings for Teekay.
Who are some of Teekay's key competitors?
Some companies that are related to Teekay include Ship Finance International (SFL), Euronav (EURN), Pacific Basin Ship (PCFBY), SEACOR (CKH), Seaspan (SSW), Frontline (FRO), Star Bulk Carriers (SBLK), Scorpio Tankers (STNG), Costamare (CMRE), Navigator (NVGS), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), Double Hull Tankers (DHT), General Maritime (GNRT), Dorian LPG (LPG), Capital Product Partners (CPLP), Diana Shipping (DSX) and DryShips (DRYS).
Who are Teekay's key executives?
Teekay's management team includes the folowing people:
- Mr. Kenneth Hvid, Pres & CEO (Age 50)
- Mr. Vincent Lok, Exec. VP & CFO (Age 50)
- Mr. Arthur J. Bensler, Exec. VP, Gen. Counsel and Corp. Sec. (Age 60)
- Mr. William Hung, Exec. VP of Strategic Devel. (Age 46)
- Ms. Ingvild Sæther, Chief Exec. Officer of Teekay Offshore Group Ltd and Pres of Teekay Offshore Group Ltd (Age 49)
Has Teekay been receiving favorable news coverage?
News coverage about TK stock has been trending somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Teekay earned a coverage optimism score of 0.22 on Accern's scale. They also gave media headlines about the shipping company an impact score of 47.86 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.
Who are Teekay's major shareholders?
How do I buy shares of Teekay?
Shares of TK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Teekay's stock price today?
One share of TK stock can currently be purchased for approximately $8.97.
How big of a company is Teekay?
Teekay has a market capitalization of $809.61 million and generates $1.88 billion in revenue each year. The shipping company earns $-151,710,000.00 in net income (profit) each year or ($1.38) on an earnings per share basis. Teekay employs 6,800 workers across the globe.
How can I contact Teekay?
Teekay's mailing address is 4TH FLOOR BELVEDERE BUILDING 69 PITTS BAY ROAD, HAMILTON D0, V6C 2K2. The shipping company can be reached via phone at 441-298-2530 or via email at [email protected]
MarketBeat Community Rating for Teekay (TK)
MarketBeat's community ratings are surveys of what our community members think about Teekay and other stocks. Vote "Outperform" if you believe TK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TK will underperform the S&P 500 over the long term. You may vote once every thirty days.
Teekay (NYSE:TK) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
3 Wall Street analysts have issued ratings and price targets for Teekay in the last 12 months. Their average twelve-month price target is $7.00, suggesting that the stock has a possible downside of 21.96%. The high price target for TK is $8.00 and the low price target for TK is $6.00. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 1.67 | 1.67 | 1.67 | 1.75 |
| Ratings Breakdown: | 1 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $7.00 | $7.00 | $5.50 | $5.6667 |
| Price Target Upside: | 21.96% downside | 10.60% downside | 39.82% downside | 36.33% downside |
Teekay (NYSE:TK) Consensus Price Target History
Teekay (NYSE:TK) Analyst Ratings History
Show:
(Data available from 4/22/2016 forward)
Teekay (NYSE:TK) Dividend Information
Teekay pays an annual dividend of $0.22 per share, with a dividend yield of 2.45%. TK's next quarterly dividend payment will be made on Wednesday, May 16. Teekay pays out -15.94% of its earnings out as a dividend.
| Next Dividend: | 5/16/2018 |
| Annual Dividend: | $0.22 |
| Dividend Yield: | 2.45% |
| Dividend Growth: | -44.20% (3 Year Average) |
| Payout Ratio: | -15.94% (Trailing 12 Months of Earnings)
70.97% (Based on This Year's Estimates)
220.00% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Teekay (NYSE:TK) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/4/2018 | quarterly | $0.0550 | 2.72% | 5/3/2018 | 5/4/2018 | 5/16/2018 |
| 1/4/2018 | quarterly | $0.0550 | 2.19% | 2/1/2018 | 2/2/2018 | 2/14/2018 |
| 10/3/2017 | quarterly | $0.0550 | 2.43% | 11/2/2017 | 11/3/2017 | 11/15/2017 |
| 7/7/2017 | quarterly | $0.0550 | 3.24% | 8/2/2017 | 8/4/2017 | 8/16/2017 |
| 4/4/2017 | quarterly | $0.0550 | 2.4% | 5/3/2017 | 5/5/2017 | 5/17/2017 |
| 1/3/2017 | quarterly | $0.0550 | 2.49% | 1/25/2017 | 1/27/2017 | 2/15/2017 |
| 10/3/2016 | quarterly | $0.0550 | 2.74% | 10/26/2016 | 10/28/2016 | 11/16/2016 |
| 7/1/2016 | quarterly | $0.0550 | 3.05% | 7/27/2016 | 7/29/2016 | 8/17/2016 |
| 4/1/2016 | quarterly | $0.0550 | 2.63% | 4/27/2016 | 4/29/2016 | 5/19/2016 |
| 1/20/2016 | quarterly | $0.0550 | 40.29% | 2/3/2016 | 2/5/2016 | 2/18/2016 |
| 10/5/2015 | quarterly | $0.55 | 6.48% | 10/14/2015 | 10/16/2015 | 11/19/2015 |
| 6/30/2015 | quarterly | $0.55 | 5.12% | 7/15/2015 | 7/17/2015 | 7/31/2015 |
| 4/2/2015 | quarterly | $0.3163 | 2.71% | 4/15/2015 | 4/17/2015 | 4/30/2015 |
| 1/2/2015 | quarterly | $0.3163 | 3% | 1/15/2015 | 1/20/2015 | 1/30/2015 |
| 10/3/2014 | quarterly | $0.3163 | 1.91% | 10/15/2014 | 10/17/2014 | 10/31/2014 |
| 7/3/2014 | quarterly | $0.3163 | 2.06% | 7/16/2014 | 7/18/2014 | 7/31/2014 |
| 4/4/2014 | quarterly | $0.3163 | 2.29% | 4/15/2014 | 4/17/2014 | 4/30/2014 |
| 1/3/2014 | quarterly | $0.3163 | 2.71% | 1/15/2014 | 1/17/2014 | 1/31/2014 |
| 10/7/2013 | quarterly | $0.3163 | 3.05% | 10/11/2013 | 10/16/2013 | 10/31/2013 |
| 7/8/2013 | quarterly | $0.3163 | 3.16% | 7/12/2013 | 7/16/2013 | 7/31/2013 |
| 4/8/2013 | quarterly | $0.3163 | 3.62% | 4/12/2013 | 4/16/2013 | 4/30/2013 |
| 1/4/2013 | quarterly | $0.3163 | 3.72% | 1/14/2013 | 1/16/2013 | 1/30/2013 |
(Data available from 1/1/2013 forward)
Teekay (NYSE TK) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 2.38%
Institutional Ownership Percentage: 27.07%
Teekay (NYSE TK) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 7/20/2017 | Nick Demare | Director | Sell | 30,000 | $0.69 | $20,700.00 | | |
| 7/19/2017 | Nick Demare | Director | Sell | 31,000 | $0.67 | $20,770.00 | | |
| 7/11/2017 | Nick Demare | Director | Sell | 24,000 | $0.67 | $16,080.00 | | |
| 7/4/2017 | Nick Demare | Director | Sell | 10,000 | $0.65 | $6,500.00 | | |
| 5/3/2017 | Nick Demare | Director | Buy | 2,998 | $0.64 | $1,918.72 | | |
(Data available from 1/1/2013 forward)
Teekay (NYSE TK) News Headlines
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Teekay (NYSE:TK) SEC Filings
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Teekay (NYSE:TK) Income Statement, Balance Sheet and Cash Flow Statement
Teekay (NYSE TK) Stock Chart for Sunday, April, 22, 2018
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