Teekay Corporation Company Profile (NYSE:TK)

About Teekay Corporation

Teekay Corporation 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
  • Exchange: NYSE
  • Symbol: TK
  • CUSIP: Y8564W10
Key Metrics:
  • Previous Close: $11.07
  • 50 Day Moving Average: $9.73
  • 200 Day Moving Average: $7.98
  • 52-Week Range: $5.45 - $11.85
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -33.55
  • P/E Growth: 0.91
  • Market Cap: $948.09M
  • Outstanding Shares: 85,645,000
  • Beta: 1.88
Profitability:
  • 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%
Additional Links:
Companies Related to Teekay Corporation:

Analyst Ratings

Consensus Ratings for Teekay Corporation (NYSE:TK) (?)
Ratings Breakdown: 5 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $7.88 (28.86% downside)

Analysts' Ratings History for Teekay Corporation (NYSE:TK)
Show:
DateFirmActionRatingPrice TargetDetails
1/23/2017Jefferies Group LLCBoost Price TargetHold$7.00 -> $8.50View Rating Details
11/6/2016Credit Suisse GroupSet Price TargetHold$6.00View Rating Details
7/7/2016Wells Fargo & CompanyReiterated RatingNeutral -> HoldView Rating Details
5/31/2016Morgan StanleyBoost Price TargetEqual Weight$7.00 -> $8.00View Rating Details
2/22/2016Deutsche Bank AGLower Price TargetHold$10.00 -> $9.00View Rating Details
12/21/2015Raymond James Financial, Inc.DowngradeStrong-Buy -> Market PerformView Rating Details
12/17/2015Seaport Global SecuritiesDowngradeBuy -> NeutralView Rating Details
12/17/2015Royal Bank Of CanadaDowngradeOutperform -> Sector Perform$52.00 -> $16.00View Rating Details
11/10/2015BTIG ResearchReiterated RatingBuy$46.00View Rating Details
5/18/2015J P Morgan Chase & CoInitiated CoverageOverweight$8.50View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Teekay Corporation (NYSE:TK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017        
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$519.80 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 Corporation (NYSE:TK)
Current Year EPS Consensus Estimate: $-0.43 EPS
Next Year EPS Consensus Estimate: $-0.33 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.33$0.33$0.33
Q2 20162$0.12$0.14$0.13
Q3 20161($0.17)($0.17)($0.17)
Q4 20161($0.13)($0.13)($0.13)
Q1 20171$0.26$0.26$0.26
Q2 20171($0.28)($0.28)($0.28)
Q3 20171($0.41)($0.41)($0.41)
Q4 20171($0.28)($0.28)($0.28)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teekay Corporation (NYSE:TK)
Annual Dividend:$0.22
Dividend Yield:1.99%
Dividend Growth:-44.20% (3 Year Average)
Payout Ratio:-18.03% (Based on Trailing 12 Months of Earnings)
-51.16% (Based on Current Year Consensus EPS Estimate)
-66.67% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Teekay Corporation (NYSE:TK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 Corporation (NYSE:TK)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Teekay Corporation (NYSE:TK)
DateHeadline
News IconWhat You Must Know About Teekay Corporation’s (TK) 2.9% ROE? (NYSE:TK)
simplywall.st - February 19 at 7:09 PM
News IconShares in Review: Teekay Corporation (TK) - Baldwin Journal (NYSE:TK)
baldwinjournal.com - February 17 at 7:03 PM
News IconDividend Growth of Teekay Corporation(TK) – Hignland Mirror - Highland Mirror (NYSE:TK)
www.highlandmirror.com - February 17 at 7:03 PM
News IconStock Tracker: Earnings & Estimates for Teekay Corporation (NYSE:TK) - Aiken Advocate (NYSE:TK)
aikenadvocate.com - February 13 at 3:45 PM
News Icon49ers hire Kyle Shanahan (NYSE:TK)
emfizz.com - February 10 at 6:05 AM
News IconStock ABR Of Teekay Corporation (NYSE:TK) At 3 - Stock Observer (NYSE:TK)
www.thestockobserver.com - January 29 at 2:38 AM
News IconTeekay Corporation (TK) Stock Price Increases 12.89% - Highland Mirror (NYSE:TK)
www.highlandmirror.com - January 23 at 8:03 AM
News IconATR Check for Teekay Corporation (TK) - Springdale Times (NYSE:TK)
springdaletimes.com - January 23 at 12:57 AM
News IconActive Trading Watch on Shares of Teekay Corporation (TK) - Rives Journal (NYSE:TK)
rivesjournal.com - January 22 at 12:58 AM
seekingalpha.com logoMarketplace Roundtable: Riding The Next Shipping Wave (NYSE:TK)
seekingalpha.com - January 21 at 3:27 AM
News IconTeekay Corporation (NYSE:TK):Brokerage Firm Rating Analysis ... - Highland Mirror (NYSE:TK)
www.highlandmirror.com - January 20 at 7:09 AM
openpr.com logoTeekay Corporation (NYSE:TK) Long Term Investor Investigation of potential Wrongdoing (NYSE:TK)
www.openpr.com - January 19 at 4:51 AM
News IconWill The Needle Move For Teekay Corporation (NYSE:TK) Shares This Earnings Season? - Wall Street Beacon (NYSE:TK)
wsbeacon.com - January 15 at 2:08 AM
News IconNew Legend of Zelda Trailer Introduces Characters and Launch Date (NYSE:TK)
baddgoddess.com - January 14 at 9:03 PM
News IconAlabama's Robinson, Humphrey, Stewart declare for draft (NYSE:TK)
vouxmagazine.com - January 14 at 6:34 AM
News IconNYSE:TK Shareholder Notice: Investigation of potential Wrongdoing at Teekay Corporation (NYSE:TK)
www.groundreport.com - January 12 at 3:16 AM
News IconAgile Therapeutics, Inc. (AGRX) Given a $7.00 Price Target at Cantor Fitzgerald (NYSE:TK)
larampadinapoli.com - January 6 at 6:09 AM
News IconTeekay Declares Dividend (NYSE:TK)
www.marinelink.com - January 5 at 7:05 AM
News IconVipshop Holdings Limited (NYSE:VIPS)- Most Active Trio on Investment Estimation: Teekay Corporation (NYSE:TK) - Street Wise Report (press release) (blog) (NYSE:TK)
streetwisereport.com - January 4 at 6:46 AM
publicnow.com logoTeekay Offshore Partners Declares Distribution (NYSE:TK)
www.publicnow.com - January 4 at 6:46 AM
News IconTeekay Corporation (NYSE:TK) Stock ABR At 3 - Stock Observer (NYSE:TK)
www.thestockobserver.com - January 1 at 8:00 AM
capitalcube.com logoETFs with exposure to Teekay Corp. : December 29, 2016 (NYSE:TK)
www.capitalcube.com - December 29 at 8:10 PM
News IconTeekay Corporation (NYSE:TK) Valuation According To Analysts - UK Market News (NYSE:TK)
www.ukmarketnews.co.uk - December 29 at 1:05 AM
fxpips.com logoTRANSPORTATION Stocks Daily Roundup of Winners and Losers (NYSE:TK)
www.fxpips.com - December 28 at 8:49 AM
seekingalpha.com logoUnder 3 Weeks To Join Value Investor's Edge (NYSE:TK)
seekingalpha.com - December 27 at 7:53 PM
News IconHow To YieldBoost TK To 16.1% Using Options (NYSE:TK)
www.stockoptionschannel.com - December 27 at 7:53 PM
News IconAverage Directional Index Review for Teekay Corporation (TK) - Yankee Analysts (NYSE:TK)
yankeeanalysts.com - December 20 at 9:31 PM
News IconMonitoring Relative Strength Index Values for Teekay Corporation (TK) - Yankee Analysts (NYSE:TK)
yankeeanalysts.com - December 20 at 3:46 PM
businesswire.com logoRobbins Arroyo LLP: Teekay Corporation (TK) Misled Shareholders ... - Business Wire (press release) (NYSE:TK)
www.businesswire.com - December 20 at 3:46 PM
News IconABR Of Teekay Corporation (NYSE:TK) Stock At 3 | Stock Observer - Stock Observer (NYSE:TK)
www.thestockobserver.com - December 18 at 3:00 AM
News IconChecking in on Signals for Teekay Corporation (TK) - Yankee Analysts (NYSE:TK)
yankeeanalysts.com - December 17 at 3:36 AM
News IconTracking Williams %R for Teekay Corporation (TK) - Yankee Analysts (NYSE:TK)
yankeeanalysts.com - December 12 at 3:28 PM
seekingalpha.com logo2 Oil-Related Stocks With 50-90% Upside (NYSE:TK)
seekingalpha.com - December 12 at 8:41 AM
News IconABR Of Teekay Corporation (NYSE:TK) Stock At 3 - Stock Observer (NYSE:TK)
www.thestockobserver.com - December 10 at 7:21 PM
News IconTraders are Keeping Track of Technicals on Shares of Teekay Corporation (TK) - Yankee Analysts (NYSE:TK)
yankeeanalysts.com - December 10 at 7:21 PM
insidermonkey.com logoIs Teekay Corporation (TK) A Bad Investment Now? - Insider Monkey (blog) (NYSE:TK)
www.insidermonkey.com - December 10 at 7:21 PM
News IconTechnical Study: Following Indicators for Teekay Corporation (TK) - Yankee Analysts (NYSE:TK)
yankeeanalysts.com - December 10 at 7:21 PM
capitalcube.com logoETFs with exposure to Teekay Corp. : December 9, 2016 (NYSE:TK)
us.rd.yahoo.com - December 9 at 8:08 PM
News IconIs Teekay Corporation (TK) A Bad Investment Now? (NYSE:TK)
feedproxy.google.com - December 9 at 4:37 PM
fxpips.com logoHottest Stocks from the Transportation Sector, Dec. 7 (NYSE:TK)
www.fxpips.com - December 7 at 8:07 AM
News IconTrend Update on Teekay Corporation (TK) - Yankee Analysts (NYSE:TK)
yankeeanalysts.com - December 5 at 3:29 PM
News IconTechnical Level Spotcheck on Shares of Teekay Corporation (TK) - Yankee Analysts (NYSE:TK)
yankeeanalysts.com - November 28 at 9:35 AM
News IconTeekay Corporation (NYSE:TK) Valuation According To Analysts ... - UK Market News (NYSE:TK)
www.ukmarketnews.co.uk - November 26 at 9:55 AM
News IconWhat Are the Technicals Saying About These Shares: Teekay Corporation (TK) - Yankee Analysts (NYSE:TK)
yankeeanalysts.com - November 25 at 7:41 PM
News IconWhere Is This Stock Headed: Teekay Corporation (TK) - MicroCap Wired (NYSE:TK)
www.microcapwired.com - November 24 at 11:16 AM
News IconNotable Runner- Teekay Corporation's (TK) - Hot Stocks Point (NYSE:TK)
www.hotstockspoint.com - November 24 at 11:16 AM
capitalcube.com logoETFs with exposure to Teekay Corp. : November 23, 2016 (NYSE:TK)
www.capitalcube.com - November 23 at 8:04 PM
seekingalpha.com logoAnnouncing Winners Of Our Catalyst-Driven Contest (NYSE:TK)
seekingalpha.com - November 23 at 11:14 AM
News IconNoticeable Stocks Traders Alert Teekay Corporation (NYSE:TK ... - Investors News (NYSE:TK)
newsemerging.com - November 22 at 12:38 PM
News IconMomentum Stocks in Concentration: Chevron Corporation (NYSE:CVX), Teekay Corporation (NYSE:TK) - The Newburgh Press (NYSE:TK)
newburghpress.com - November 22 at 12:38 PM

Social

What is Teekay Corporation's stock symbol?

Teekay Corporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "TK."

How often does Teekay Corporation pay dividends? What is the dividend yield for Teekay Corporation?

Teekay Corporation declared a quarterly dividend on Tuesday, January 3rd. Investors of record on Friday, January 27th will be paid a dividend of $0.055 per share on Wednesday, February 15th. This represents a $0.22 annualized dividend and a dividend yield of 1.99%. The ex-dividend date is Wednesday, January 25th.

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

5 analysts have issued 1 year price targets for Teekay Corporation's shares. Their predictions range from $6.00 to $9.00. On average, they anticipate Teekay Corporation's share price to reach $7.88 in the next twelve months.

When will Teekay Corporation announce their earnings?

Teekay Corporation is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

Who owns Teekay Corporation stock?

Teekay Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (9.89%), State Street Corp (1.38%), Oxford Asset Management (1.03%), Dimensional Fund Advisors LP (0.70%), Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.55%) and Renaissance Technologies LLC (0.49%).

Who sold Teekay Corporation stock? Who is selling Teekay Corporation stock?

Teekay Corporation's stock was sold by a variety of institutional investors in the last quarter, including AQR Capital Management LLC, Renaissance Technologies LLC, Federated Investors Inc. PA, Dimensional Fund Advisors LP and Scotia Capital Inc..

Who bought Teekay Corporation stock? Who is buying Teekay Corporation stock?

Teekay Corporation's stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, State Street Corp, Systematic Financial Management LP, Two Sigma Investments LP, Oxford Asset Management, Dynamic Technology Lab Private Ltd, A.R.T. Advisors LLC and Guggenheim Capital LLC.

How do I buy Teekay Corporation stock?

Shares of Teekay Corporation 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 Corporation stock cost?

One share of Teekay Corporation stock can currently be purchased for approximately $11.07.

Teekay Corporation (NYSE:TK) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Teekay Corporation (NYSE:TK)

Earnings History Chart

Earnings by Quarter for Teekay Corporation (NYSE:TK)

Dividend History Chart

Dividend Payments by Quarter for Teekay Corporation (NYSE:TK)

Last Updated on 2/22/2017 by MarketBeat.com Staff