NYSE:TK

Teekay - TK Stock Forecast, Price & News

$3.63

+0.26 (+7.72%)

(As of 08/12/2022 12:00 AM ET)

Add

Compare

Today's Range: $3.45
▼
$3.70
50-Day Range: $2.60
▼
$3.63
52-Week Range: $2.54
▼
$4.01

Volume: 2.24 million shs
Average Volume: 460,679 shs
Market Capitalization: $369.15 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About Teekay (NYSE:TK) Stock

Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company provides a full suite of ship-to-ship transfer services in the oil, gas, and dry bulk industries; lightering and lightering support; and operational and maintenance marine, as well as offshore production services. As of March 1, 2022, it operated a fleet of approximately 55 vessels. The company primarily serves energy and utility companies, major oil traders, large oil consumers and petroleum product producers, government agencies, and various other entities that depend upon marine transportation. Teekay Corporation was founded in 1973 and is headquartered in Hamilton, Bermuda.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered shares of Teekay from a "buy" rating to a "hold" rating in a report on Friday, May 20th.

Teekay Stock Performance

Shares of Teekay stock opened at $3.37 on Friday. Teekay has a twelve month low of $2.54 and a twelve month high of $4.01. The company's fifty day moving average is $3.04 and its 200 day moving average is $3.19. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.56 and a quick ratio of 2.23.

Teekay (NYSE:TK - Get Rating) last issued its quarterly earnings results on Thursday, May 12th. The shipping company reported ($0.01) earnings per share for the quarter. Teekay had a negative net margin of 1.40% and a positive return on equity of 0.82%. The company had revenue of $111.10 million during the quarter.

Receive TK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Teekay and its competitors with MarketBeat's FREE daily newsletter.

TK Stock News Headlines

August 11, 2022 | seekingalpha.com

Teekay launches $30M stock buyback plan - Seeking Alpha

August 11, 2022 | globenewswire.com

Teekay Corporation Announces New Share Repurchase Program - GlobeNewswire

August 6, 2022 | fool.com

Teekay (TK) Q2 2022 Earnings Call Transcript - The Motley Fool

August 4, 2022 | streetinsider.com

Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022 - StreetInsider.com

August 4, 2022 | nasdaq.com

Oil Prices Rise as Market Weighs Tight Supply Against Fears of Lower Demand - Nasdaq

August 4, 2022 | seekingalpha.com

Teekay Tankers Non-GAAP EPS of $0.76, revenue of $242.39M - Seeking Alpha

August 4, 2022 | streetinsider.com

Teekay Corporation Reports Second Quarter 2022 Results - StreetInsider.com

August 3, 2022 | seekingalpha.com

Teekay Tankers Q2 2022 Earnings Preview (NYSE:TNK) - Seeking Alpha

July 28, 2022 | globenewswire.com

Teekay Group to Announce Second Quarter 2022 Earnings Results on August 4, 2022 - GlobeNewswire

July 28, 2022 | globenewswire.com

Performance Shipping Inc. Announces Time Charter Contract for M/T Blue Moon With Teekay - GlobeNewswire

July 28, 2022 | finance.yahoo.com

Teekay (NYSE:TK) shareholders have endured a 67% loss from investing in the stock five years ago

July 26, 2022 | seekingalpha.com

Teekay Tankers: Stands To Benefit From Rising Tanker Rates (NYSE:TNK) - Seeking Alpha

July 25, 2022 | finance.yahoo.com

Has Kirby (KEX) Outpaced Other Transportation Stocks This Year? - Yahoo Finance

June 30, 2022 | streetinsider.com

Form S-8 TEEKAY CORP - StreetInsider.com

June 30, 2022 | nasdaq.com

Is KNOT Offshore Partners (KNOP) Outperforming Other Transportation Stocks This Year? - Nasdaq

June 30, 2022 | benzinga.com

LNG Carriers Market| Evolving Opportunities with BW Group and DSME Co. Ltd. | Technavio - Benzinga - Benzinga

June 25, 2022 | theglobeandmail.com

Bullish on Teekay Tankers Ltd. - The Globe and Mail

May 26, 2022 | realmoney.thestreet.com

Teekay Tankers Breaks Out of a Large Base Formation - RealMoney

May 14, 2022 | globenewswire.com

Teekay Tankers Ltd. Reports First Quarter 2022 Results - GlobeNewswire

May 13, 2022 | seekingalpha.com

Midsize tanker rate volatility here to stay for the near term, Teekay CEO says (NYSE:TNK) - Seeking Alpha

May 13, 2022 | fool.com

Teekay (TK) Q1 2022 Earnings Call Transcript - The Motley Fool

May 13, 2022 | nasdaq.com

Oil Prices Fall as Recession Fears Outweigh Supply Concerns - Nasdaq

May 13, 2022 | nasdaq.com

CANADA-CRUDE-Heavy and synthetic crude steady - Nasdaq

May 12, 2022 | seekingalpha.com

Teekay Tankers Q1 2022 Earnings Preview (NYSE:TNK) - Seeking Alpha

May 11, 2022 | benzinga.com

Earnings Outlook For Teekay Tankers - Benzinga - Benzinga

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive TK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Teekay and its competitors with MarketBeat's FREE daily newsletter.

TK Company Calendar

Last Earnings: 2/25/2021
Today: 8/13/2022
Next Earnings (Estimated): 11/03/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Deep sea foreign transportation of freight
Sub-Industry: Oil & Gas Storage & Transportation
Sector: Transportation
Current Symbol: NYSE:TK
CUSIP: Y8564W10
CIK: 911971
Web: www.teekay.com
Phone: (441) 298-2530
Fax: 604-844-6600
Employees: 2,500
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($0.14)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $7.81 million
Net Margins: -1.40%
Pretax Margin: -20.45%
Return on Equity: 0.82%
Return on Assets: 0.31%

Debt

Debt-to-Equity Ratio: 0.97
Current Ratio: 2.56
Quick Ratio: 2.23

Sales & Book Value

Annual Sales: $682.51 million
Price / Sales: 0.54
Cash Flow: $1.36 per share
Price / Cash Flow: 2.67
Book Value: $5.55 per share
Price / Book: 0.65

Miscellaneous

Outstanding Shares: 101,693,000
Free Float: 99,273,000
Market Cap: $369.15 million
Optionable: Optionable
Beta: 0.90

Key Executives

Mr. Kenneth Hvid (Age 54)
Pres, CEO & Director
Mr. Vincent Lok (Age 54)
Exec. VP & CFO
Mr. Ryan Hamilton
Mang. of Fin. & Investor Relations
Ms. Ingvild Sæther (Age 53)
Pres & CEO of Teekay Offshore Group Ltd
Mr. Kevin J. Mackay (Age 53)
Pres & CEO of Teekay Tankers Ltd
Mr. Peter B. Evensen (Age 63)
Advisor
Lee Edwards
Financial Analyst

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TK Stock - Frequently Asked Questions

How have TK shares performed in 2022?: Teekay's stock was trading at $3.14 at the start of the year. Since then, TK shares have increased by 15.6% and is now trading at $3.63.
View the best growth stocks for 2022 here.
When is Teekay's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our TK earnings forecast.
How were Teekay's earnings last quarter?: Teekay Co. (NYSE:TK) posted its earnings results on Thursday, February, 25th. The shipping company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.09 by $0.06. The shipping company earned $297.86 million during the quarter. Teekay had a positive trailing twelve-month return on equity of 0.82% and a negative net margin of 1.40%.
What is Peter Evensen's approval rating as Teekay's CEO?: 30 employees have rated Teekay Chief Executive Officer Peter Evensen on Glassdoor.com. Peter Evensen has an approval rating of 65% among the company's employees.
What other stocks do shareholders of Teekay own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Teekay investors own include Teekay LNG Partners (TGP), Golar LNG (glng), Teekay Tankers (TNK), Frontline (FRO), NIO (NIO), Teekay Offshore Partners (TOO), Tsakos Energy Navigation (TNP), Nordic American Tankers (NAT), Scorpio Tankers (STNG) and Alibaba Group (BABA).

What is Teekay's stock symbol?: Teekay trades on the New York Stock Exchange (NYSE) under the ticker symbol "TK."
Who are Teekay's major shareholders?: Teekay's stock is owned by many different retail and institutional investors. Top institutional investors include Connor Clark & Lunn Investment Management Ltd. (0.35%), Group One Trading L.P. (0.00%), Rhumbline Advisers (0.10%), Vontobel Holding Ltd. (0.08%), Russell Investments Group Ltd. (0.06%) and BNP Paribas Arbitrage SA (0.04%).
View institutional ownership trends.
How do I buy shares of Teekay?: Shares of TK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Teekay's stock price today?: One share of TK stock can currently be purchased for approximately $3.63.
How much money does Teekay make?: Teekay (NYSE:TK) has a market capitalization of $369.15 million and generates $682.51 million in revenue each year. The shipping company earns $7.81 million in net income (profit) each year or ($0.14) on an earnings per share basis.
How many employees does Teekay have?: The company employs 2,500 workers across the globe.
How can I contact Teekay?: Teekay's mailing address is 4TH FLOOR BELVEDERE BUILDING 69 PITTS BAY ROAD, HAMILTON D0, HM 08. The official website for the company is www.teekay.com. The shipping company can be reached via phone at (441) 298-2530, via email at investor.relations@teekay.com, or via fax at 604-844-6600.

This page (NYSE:TK) was last updated on 8/13/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here

Teekay - TK Stock Forecast, Price & News

About Teekay (NYSE:TK) Stock

Wall Street Analysts Forecast Growth

Teekay Stock Performance

TK Stock News Headlines

TK Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TK Stock - Frequently Asked Questions

How have TK shares performed in 2022?

When is Teekay's next earnings date?

How were Teekay's earnings last quarter?

What is Peter Evensen's approval rating as Teekay's CEO?

What other stocks do shareholders of Teekay own?

What is Teekay's stock symbol?

Who are Teekay's major shareholders?

How do I buy shares of Teekay?

What is Teekay's stock price today?

How much money does Teekay make?

How many employees does Teekay have?

How can I contact Teekay?

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources