Teekay Company Profile (NYSE:TK)

About Teekay (NYSE:TK)

Teekay logoTeekay Corporation (Teekay) is a provider of crude oil and gas marine transportation services. The Company also offers offshore oil production, storage and offloading services, primarily under long-term, fixed-rate contracts. The Company is engaged in the liquefied natural gas (LNG) and liquefied petroleum gas (LPG) shipping sectors, as well as in the operations in the offshore production, storage and transportation sector. It is also involved in the conventional tanker business. Teekay provides a set of marine services to the oil and gas companies. The Company has four lines of business: offshore logistics (shuttle tankers, the HiLoad DP unit, floating storage and off-take (FSO) units, units for maintenance and safety (UMS), and long-distance towing and offshore installation vessels), offshore production (floating production, storage and offloading (FPSO) units), liquefied gas carriers and conventional tankers.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Symbol: NYSE:TK
  • CUSIP: Y8564W10
  • Web: www.teekay.com
Capitalization:
  • Market Cap: $560.19 million
  • Outstanding Shares: 86,183,000
Average Prices:
  • 50 Day Moving Avg: $8.09
  • 200 Day Moving Avg: $8.71
  • 52 Week Range: $5.45 - $11.77
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 10.32
  • P/E Growth: 0.32
Sales & Book Value:
  • Annual Revenue: $2.23 billion
  • Price / Sales: 0.25
  • Book Value: $9.90 per share
  • Price / Book: 0.66
Dividend:
  • Annual Dividend: $0.22
  • Dividend Yield: 3.5%
Profitability:
  • EBIDTA: $923.65 million
  • Net Margins: -3.32%
  • Return on Equity: 0.13%
  • Return on Assets: 0.04%
Debt:
  • Debt-to-Equity Ratio: 1.64%
  • Current Ratio: 0.77%
  • Quick Ratio: 0.77%
Misc:
  • Average Volume: 1.38 million shs.
  • Beta: 1.88
  • Short Ratio: 4.52
 

Frequently Asked Questions for Teekay (NYSE:TK)

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 announced a quarterly dividend on Tuesday, April 4th. Shareholders of record on Friday, May 5th will be paid a dividend of $0.055 per share on Wednesday, May 17th. This represents a $0.22 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date is Wednesday, May 3rd. View Teekay's Dividend History.

How were Teekay's earnings last quarter?

Teekay Co. (NYSE:TK) issued its quarterly earnings results on Thursday, May, 18th. The company reported ($0.41) earnings per share for the quarter, missing the consensus estimate of ($0.17) by $0.24. The company earned $543.50 million during the quarter, compared to analysts' expectations of $497.83 million. Teekay had a negative net margin of 3.32% and a positive return on equity of 0.13%. The firm's quarterly revenue was down 15.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.08) earnings per share. View Teekay's Earnings History.

Where is Teekay's stock going? Where will Teekay's stock price be in 2017?

5 analysts have issued 1 year price targets for Teekay's shares. Their forecasts range from $6.00 to $8.00. On average, they anticipate Teekay's stock price to reach $7.00 in the next twelve months. View Analyst Ratings for Teekay.

Who are some of Teekay's key competitors?

Who owns Teekay stock?

Teekay's stock is owned by many different of institutional and retail investors. Top institutional investors include FMR LLC (9.84%), COBAS ASSET MANAGEMENT, SGIIC, S.A. (5.07%), Morgan Stanley (2.90%), Eagle Global Advisors LLC (2.29%), Atlantic Trust Group LLC (1.49%) and JPMorgan Chase & Co. (0.94%). View Institutional Ownership Trends for Teekay.

Who sold Teekay stock? Who is selling Teekay stock?

Teekay's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Atlantic Trust Group LLC, Oxford Asset Management, Granite Point Capital Management L.P., Neuberger Berman Group LLC, Gotham Asset Management LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS and JPMorgan Chase & Co.. View Insider Buying and Selling for Teekay.

Who bought Teekay stock? Who is buying Teekay stock?

Teekay's stock was acquired by a variety of institutional investors in the last quarter, including Cedar Capital LLC, Bank of America Corp DE, Acadian Asset Management LLC, Berson & Corrado Investment Advisors LLC, Schwab Charles Investment Management Inc., Vanguard Group Inc., Geode Capital Management LLC and Karp Capital Management Corp. View Insider Buying and Selling for Teekay.

How do I buy Teekay stock?

Shares of Teekay can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Teekay stock cost?

One share of Teekay stock can currently be purchased for approximately $6.50.

Analyst Ratings

Consensus Ratings for Teekay (NYSE:TK) (?)
Ratings Breakdown: 5 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.00 (7.69% upside)

Analysts' Ratings History for Teekay (NYSE:TK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/19/2017Jefferies Group LLCReiterated RatingHold$7.00HighView Rating Details
5/9/2017Royal Bank of CanadaReiterated RatingHoldLowView Rating Details
11/6/2016Credit Suisse Group AGSet Price TargetHold$6.00N/AView Rating Details
7/7/2016Wells Fargo & CoReiterated RatingNeutral -> HoldN/AView Rating Details
5/31/2016Morgan StanleyBoost Price TargetEqual Weight$7.00 -> $8.00N/AView Rating Details
2/22/2016Deutsche Bank AGLower Price TargetHold$10.00 -> $9.00N/AView Rating Details
12/21/2015Raymond James Financial, Inc.DowngradeStrong-Buy -> Market PerformN/AView Rating Details
12/17/2015Seaport Global SecuritiesDowngradeBuy -> NeutralN/AView Rating Details
11/10/2015BTIG ResearchReiterated RatingBuy$46.00N/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Teekay (NYSE:TK)
Earnings by Quarter for Teekay (NYSE:TK)
Earnings History by Quarter for Teekay (NYSE:TK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/18/2017Q1 17($0.17)($0.41)$497.83 million$543.50 millionViewN/AView Earnings Details
2/23/2017Q316($0.10)($0.22)$545.38 million$552.20 millionViewN/AView Earnings Details
11/3/2016Q3($0.18)($0.23)$551.50 million$547.60 millionViewN/AView Earnings Details
8/4/2016Q216($0.06)$0.01$558.42 million$587.60 millionViewN/AView Earnings Details
5/19/2016Q116$0.20($0.08)$605.60 million$641.10 millionViewListenView Earnings Details
2/18/2016Q415$0.37$0.41$596.70 million$700.10 millionViewListenView Earnings Details
11/5/2015Q315$0.15$0.04$556.57 million$611.62 millionViewN/AView Earnings Details
8/6/2015Q215$0.34$0.27$534.24 million$592.80 millionViewN/AView Earnings Details
5/14/2015Q115$0.29$0.22$553.98 million$545.90 millionViewListenView Earnings Details
2/19/2015Q414$0.25$0.42$498.89 million$519.78 millionViewN/AView Earnings Details
11/6/2014Q314$0.07($0.17)$457.77 million$456.00 millionViewN/AView Earnings Details
8/7/2014Q214($0.22)($0.31)$440.50 million$452.25 millionViewN/AView Earnings Details
5/15/2014Q114($0.15)$0.05$450.20 million$498.00 millionViewN/AView Earnings Details
2/20/2014Q413($0.11)$0.02$455.98 million$493.55 millionViewN/AView Earnings Details
11/7/2013Q313($0.65)($0.51)$410.14 million$454.80 millionViewN/AView Earnings Details
8/8/2013Q2 2013($0.26)($0.47)$418.34 million$430.70 millionViewN/AView Earnings Details
5/9/2013Q1 2013($0.20)($0.17)$427.71 million$451.00 millionViewN/AView Earnings Details
2/21/2013Q4 2012$0.08$0.14$466.36 million$515.22 millionViewN/AView Earnings Details
11/8/2012Q312($0.52)($0.29)$433.25 million$433.90 millionViewN/AView Earnings Details
8/9/2012($0.41)($0.25)ViewN/AView Earnings Details
5/17/2012($0.35)($0.30)ViewN/AView Earnings Details
2/23/2012($0.27)$0.02ViewN/AView Earnings Details
8/11/2011($0.43)($0.51)ViewN/AView Earnings Details
5/12/2011($0.32)($0.39)ViewN/AView Earnings Details
2/24/2011($0.41)($0.51)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Teekay (NYSE:TK)
2017 EPS Consensus Estimate: ($0.88)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.19)($0.19)($0.19)
Q2 20171($0.42)($0.42)($0.42)
Q3 20171($0.57)($0.57)($0.57)
Q4 20171$0.30$0.30$0.30
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teekay (NYSE:TK)
Most Recent Dividend:5/17/2017
Annual Dividend:$0.22
Dividend Yield:3.38%
Dividend Growth:-44.20% (3 Year Average)
Payout Ratio:-18.03% (Trailing 12 Months of Earnings)
-29.73% (Based on This Year's Estimates)
34.92% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Teekay (NYSE:TK)

Dividend History by Quarter for Teekay (NYSE:TK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/4/2017quarterly$0.062.4%5/3/20175/5/20175/17/2017
1/3/2017quarterly$0.062.49%1/25/20171/27/20172/15/2017
10/3/2016quarterly$0.062.74%10/26/201610/28/201611/16/2016
7/1/2016quarterly$0.063.05%7/27/20167/29/20168/17/2016
4/1/2016quarterly$0.062.63%4/27/20164/29/20165/19/2016
1/20/2016quarterly$0.0640.29%2/3/20162/5/20162/18/2016
10/5/2015quarterly$0.556.48%10/14/201510/16/201511/19/2015
6/30/2015quarterly$0.555.12%7/15/20157/17/20157/31/2015
4/2/2015quarterly$0.322.71%4/15/20154/17/20154/30/2015
1/2/2015quarterly$0.323%1/15/20151/20/20151/30/2015
10/3/2014quarterly$0.321.91%10/15/201410/17/201410/31/2014
7/3/2014quarterly$0.322.06%7/16/20147/18/20147/31/2014
4/4/2014quarterly$0.322.29%4/15/20144/17/20144/30/2014
1/3/2014quarterly$0.322.71%1/15/20141/17/20141/31/2014
10/7/2013quarterly$0.323.05%10/11/201310/16/201310/31/2013
7/8/2013quarterly$0.323.16%7/12/20137/16/20137/31/2013
4/8/2013quarterly$0.323.62%4/12/20134/16/20134/30/2013
1/4/2013quarterly$0.323.72%1/14/20131/16/20131/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Teekay (NYSE:TK)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Teekay (NYSE:TK)
Latest Headlines for Teekay (NYSE:TK)
Source:
DateHeadline
finance.yahoo.com logoFrancisco Garcia Parames Reports First Portfolio of New Fund
finance.yahoo.com - May 24 at 8:52 AM
americanbankingnews.com logoFY2018 EPS Estimates for Teekay Co. Reduced by Jefferies Group (TK)
www.americanbankingnews.com - May 22 at 8:02 AM
americanbankingnews.com logoTeekay Co. (TK) Given Hold Rating at Jefferies Group LLC
www.americanbankingnews.com - May 20 at 7:10 AM
finance.yahoo.com logoEdited Transcript of TK earnings conference call or presentation 19-May-17 3:00pm GMT
finance.yahoo.com - May 19 at 11:12 PM
finance.yahoo.com logoShares of Teekay Corporation Sink on an Unexpected First-Quarter Loss
finance.yahoo.com - May 19 at 1:09 PM
finance.yahoo.com logoTeekay reports 1Q loss
finance.yahoo.com - May 18 at 12:42 PM
americanbankingnews.com logoTeekay Co. (TK) Announces Earnings Results, Misses Expectations By $0.24 EPS
www.americanbankingnews.com - May 18 at 8:52 AM
feeds.benzinga.com logoTeekay Corporation Reports First Quarter 2017 Results
feeds.benzinga.com - May 18 at 1:31 AM
americanbankingnews.com logoTeekay Co. (TK) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 12 at 10:40 PM
americanbankingnews.com logoTeekay Co. (TK) Rating Reiterated by Royal Bank of Canada
www.americanbankingnews.com - May 9 at 8:36 AM
americanbankingnews.com logoSomewhat Positive Media Coverage Very Likely to Affect Teekay (TK) Stock Price
www.americanbankingnews.com - May 3 at 8:36 PM
americanbankingnews.com logoTeekay (TK) Earning Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 30 at 3:04 PM
americanbankingnews.com logoTeekay Co. (TK) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 26 at 12:15 PM
americanbankingnews.com logoAnalysts Offer Predictions for Teekay Co.'s Q1 2017 Earnings (TK)
www.americanbankingnews.com - April 26 at 8:21 AM
americanbankingnews.com logoTeekay (TK) Earns Daily Media Impact Rating of 0.14
www.americanbankingnews.com - April 23 at 6:59 PM
americanbankingnews.com logoTeekay (TK) Receiving Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 20 at 8:09 PM
americanbankingnews.com logoTeekay Co. (TK) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 17 at 10:35 PM
americanbankingnews.com logoTeekay (TK) Given Media Sentiment Score of 0.37
www.americanbankingnews.com - April 15 at 1:49 PM
finance.yahoo.com logoTeekay Corp. – Value Analysis (NYSE:TK) : April 12, 2017
finance.yahoo.com - April 12 at 10:18 PM
finance.yahoo.com logoTeekay Corp. breached its 50 day moving average in a Bullish Manner : TK-US : April 11, 2017
finance.yahoo.com - April 11 at 9:13 AM
americanbankingnews.com logoTeekay Co. Plans Quarterly Dividend of $0.06 (TK)
www.americanbankingnews.com - April 5 at 12:54 AM
finance.yahoo.com logoTeekay Corporation Declares Dividend
finance.yahoo.com - April 3 at 8:03 PM
americanbankingnews.com logoTeekay Co. (TK) Receives "Hold" Rating from Jefferies Group LLC
www.americanbankingnews.com - March 31 at 10:05 AM
americanbankingnews.com logoTeekay Co. (TK) Receives Hold Rating from Jefferies Group LLC
www.americanbankingnews.com - March 27 at 1:34 PM
americanbankingnews.com logoTeekay Co. (TK) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - March 23 at 12:38 PM
seekingalpha.com logoTeekay Corp's (TK) CEO Kenneth Hvid on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 25 at 3:43 AM
finance.yahoo.com logoEdited Transcript of TK earnings conference call or presentation 24-Feb-17 4:00pm GMT
finance.yahoo.com - February 25 at 3:43 AM
rttnews.com logoEARNINGS SUMMARY: Details of Teekay Corporation Q4 Earnings Report
www.rttnews.com - February 23 at 9:56 PM
biz.yahoo.com logoQ4 2016 Teekay Corp Earnings Release - Before Market Open
us.rd.yahoo.com - February 23 at 9:56 PM
feeds.benzinga.com logoEarnings Scheduled For February 23, 2017
feeds.benzinga.com - February 23 at 6:16 AM
seekingalpha.com logoMarketplace Roundtable: Riding The Next Shipping Wave
seekingalpha.com - January 21 at 3:27 AM
seekingalpha.com logoUnder 3 Weeks To Join Value Investor's Edge
seekingalpha.com - December 27 at 7:53 PM
businesswire.com logoRobbins Arroyo LLP: Teekay Corporation (TK) Misled Shareholders ... - Business Wire (press release)
www.businesswire.com - December 20 at 3:46 PM
seekingalpha.com logo2 Oil-Related Stocks With 50-90% Upside
seekingalpha.com - December 12 at 8:41 AM
capitalcube.com logoETFs with exposure to Teekay Corp. : December 9, 2016
us.rd.yahoo.com - December 9 at 8:08 PM

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Teekay (TK) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff