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, 2017, its fleet consisted of 217 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
Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
Current SymbolNYSE:TK
Previous Symbol
CUSIPY8564W10
Phone441-298-2530
Debt
Debt-to-Equity Ratio1.58
Current Ratio1.16
Quick Ratio1.16
Price-To-Earnings
Trailing P/E Ratio-2.84
Forward P/E Ratio-7.58
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.88 billion
Price / Sales0.21
Cash Flow$3.7885 per share
Price / Cash Flow1.04
Book Value$32.31 per share
Price / Book0.12
Profitability
EPS (Most Recent Fiscal Year)($1.38)
Net Income$-163,270,000.00
Net Margins-4.84%
Return on Equity-2.07%
Return on Assets-0.74%
Miscellaneous
Employees7,200
Outstanding Shares100,430,000
Market Cap$397.72 million
OptionableOptionable
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 announced a quarterly dividend on Wednesday, October 3rd. Stockholders of record on Friday, November 2nd will be paid a dividend of $0.055 per share on Wednesday, November 14th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 5.58%. The ex-dividend date is Thursday, November 1st. View Teekay's Dividend History.
How were Teekay's earnings last quarter?
Teekay Co. (NYSE:TK) announced its quarterly earnings results on Thursday, November, 15th. The shipping company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.22. The shipping company had revenue of $325.66 million for the quarter, compared to the consensus estimate of $311.22 million. Teekay had a negative net margin of 4.84% and a negative return on equity of 2.07%. View Teekay's Earnings History.
When is Teekay's next earnings date?
What price target have analysts set for TK?
3 analysts have issued 12-month target prices for Teekay's shares. Their forecasts range from $6.50 to $8.00. On average, they anticipate Teekay's stock price to reach $7.50 in the next year. This suggests a possible upside of 90.4% from the stock's current price. View Analyst Price Targets for Teekay.
What is the consensus analysts' recommendation for Teekay?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Teekay.
Has Teekay been receiving favorable news coverage?
Press coverage about TK stock has trended somewhat positive on Thursday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Teekay earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of Teekay's key competitors?
Some companies that are related to Teekay include Ship Finance International (SFL), Euronav (EURN), SEASPAN CORP/SH SH (SSW), Frontline (FRO), Pac BASIN SHIPP/ADR (PCFBY), Scorpio Tankers (STNG), Seacor (CKH), Star Bulk Carriers (SBLK), Navigator (NVGS), DHT (DHT), COSTAMARE INC/SH (CMRE), DryShips (DRYS), Scorpio Bulkers (SALT), Dorian LPG (LPG) and Diana Shipping (DSX).
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. Ryan Hamilton, Mang. of Fin. and Investor Relations
- Mr. Arthur J. Bensler, Exec. VP, Gen. Counsel & Corp. Sec. (Age 60)
- Mr. William Hung, Exec. VP of Strategic Devel. (Age 46)
Who are Teekay's major shareholders?
Teekay's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.32%), FMR LLC (2.14%), Renaissance Technologies LLC (0.86%), JPMorgan Chase & Co. (0.72%), JPMorgan Chase & Co. (0.72%) and Luminus Management LLC (0.64%). View Institutional Ownership Trends for Teekay.
Which institutional investors are selling Teekay stock?
TK stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Morgan Stanley, Dynamic Technology Lab Private Ltd, Banco Santander S.A., Pinnacle Holdings LLC, Cedar Capital LLC, TIAA CREF Investment Management LLC and Wells Fargo & Company MN. View Insider Buying and Selling for Teekay.
Which institutional investors are buying Teekay stock?
TK stock was bought by a variety of institutional investors in the last quarter, including Luminus Management LLC, Renaissance Technologies LLC, JPMorgan Chase & Co., JPMorgan Chase & Co., Rubric Capital Management LP, Marshall Wace LLP, BlackRock Inc. and BlueMountain Capital Management LLC. View Insider Buying and Selling for Teekay.
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 $3.94.
How big of a company is Teekay?
Teekay has a market capitalization of $397.72 million and generates $1.88 billion in revenue each year. The shipping company earns $-163,270,000.00 in net income (profit) each year or ($1.38) on an earnings per share basis. Teekay employs 7,200 workers across the globe.
What is Teekay's official website?
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 (NYSE 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.
