Teekay Corp. Company Profile (NYSE:TK)

About Teekay Corp.

Teekay Corp. 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: $7.56
  • 50 Day Moving Average: $7.18
  • 200 Day Moving Average: $8.23
  • 52-Week Range: $4.37 - $35.93
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 58.15
  • P/E Growth: -1.59
  • Market Cap: $632.85M
  • Outstanding Shares: 84,832,000
  • Beta: 1.71
Profitability:
  • Net Margins: -3.96%
  • Return on Equity: 0.74%
  • Return on Assets: 0.21%
Debt:
  • Debt-to-Equity Ratio: 1.63%
  • Current Ratio: 0.78%
  • Quick Ratio: 0.78%
Additional Links:
Companies Related to Teekay Corp.:

Analyst Ratings

Consensus Ratings for Teekay Corp. (NYSE:TK) (?)
Ratings Breakdown: 8 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.11)
Consensus Price Target: $15.33 (102.82% upside)

Analysts' Ratings History for Teekay Corp. (NYSE:TK)
Show:
DateFirmActionRatingPrice TargetDetails
8/5/2016Credit Suisse Group AGSet Price TargetHold$6.00View Rating Details
7/27/2016Jefferies GroupSet Price TargetHold$9.00 -> $7.00View Rating Details
7/7/2016Wells Fargo & Co.Reiterated 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
5/18/2015JPMorgan Chase & Co.Initiated CoverageOverweight$8.50View Rating Details
(Data available from 9/30/2014 forward)

Earnings

Earnings History for Teekay Corp. (NYSE:TK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016        
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 Corp. (NYSE:TK)
Current Year EPS Consensus Estimate: $0.24 EPS
Next Year EPS Consensus Estimate: $0.13 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($0.46)($0.46)($0.46)
Q4 20161$0.68$0.68$0.68
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teekay Corp. (NYSE:TK)
Annual Dividend:$0.22
Dividend Yield:2.91%
Dividend Growth:3.80% (3 Year Average)
Payout Ratio:-15.07% (Based on Trailing 12 Months of Earnings)
91.67% (Based on Current Year Consensus EPS Estimate)
169.23% (Based on Next Year Consensus EPS Estimate)

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

Headlines

Latest Headlines for Teekay Corp. (NYSE:TK)
DateHeadline
News IconLatest Analyst Ratings For Teekay Corporation (NYSE:TK) - The De Soto Edge (NYSE:TK)
desotoedge.com - September 29 at 7:36 PM
News IconTeekay LNG Partners signs time-charter contract with Yamal LNG for a previously uncommitted newbuilding (NYSE:TK)
en.portnews.ru - September 29 at 9:58 AM
News IconAnalyst Buzz: Teekay Corporation (NYSE:TK), Endurance International Group Holdings, Inc. (NASDAQ:EIGI) - Newburgh Press (NYSE:TK)
newburghpress.com - September 28 at 7:27 PM
News IconAnalyst Coverage: Teekay Corporation (NYSE:TK) - NewsDen (NYSE:TK)
newsden.net - September 28 at 9:59 AM
publicnow.com logoTeekay LNG Partners Announces Public Offering of Series A Preferred Units (NYSE:TK)
www.publicnow.com - September 28 at 9:59 AM
marketwired.com logoTeekay LNG Partners Signs Time-Charter Contract for a Previously Uncommitted Newbuilding - Marketwired (press release) (NYSE:TK)
www.marketwired.com - September 27 at 7:38 PM
thestreet.com logoCommit To Buy Teekay Corp At $5, Earn 14.1% Annualized Using Options - TheStreet.com (NYSE:TK)
www.thestreet.com - September 27 at 7:38 PM
News IconCommit To Buy Teekay Corp At $5, Earn 14.1% Annualized Using Options (NYSE:TK)
www.stockoptionschannel.com - September 26 at 7:41 PM
News IconStock Perspective: Teekay Corporation (NYSE:TK) Earnings in View - Frisco Fastball (NYSE:TK)
friscofastball.com - September 23 at 7:03 PM
News IconAnalyst's Review on: Jones Energy, Inc. (NYSE:JONE), Teekay Corporation (NYSE:TK) - Newburgh Press (NYSE:TK)
newburghpress.com - September 22 at 9:43 AM
investornewswire.com logoShares Of Teekay Corporation (NYSE:TK) Expected To Hit $9 - Investor Newswire (NYSE:TK)
www.investornewswire.com - September 21 at 7:01 AM
seekingalpha.com logoTeekay Tankers - Dead In The Water? (NYSE:TK)
seekingalpha.com - September 19 at 7:36 PM
News IconStock to Watch: Teekay Corporation (NYSE:TK), Amkor Technology, Inc. (NASDAQ:AMKR) - Newburgh Press (NYSE:TK)
newburghpress.com - September 19 at 9:50 AM
News IconShares Going Lower in Trade: Teekay Corporation (NYSE:TK) - Post News (NYSE:TK)
www.kentuckypostnews.com - September 14 at 12:02 PM
News IconShares Going Lower in Trade: Teekay Corporation (NYSE:TK) - Post News (NYSE:TK)
www.kentuckypostnews.com - September 14 at 12:02 PM
capitalcube.com logoETF’s with exposure to Teekay Corp. : September 12, 2016 (NYSE:TK)
www.capitalcube.com - September 12 at 7:12 PM
News IconTeekay Corp. (TK) Shares Down 6% - NewsDen (NYSE:TK)
newsden.net - September 11 at 6:57 PM
thestreet.com logoTK Crosses Above Average Analyst Target (NYSE:TK)
www.thestreet.com - September 9 at 7:15 PM
News IconTraders Alert: Leucadia National Corp. (NYSE:LUK), Teekay Corporation (NYSE:TK), YY Inc (ADR) (NASDAQ:YY) - NYSE Journal (press release) (NYSE:TK)
stockznews.com - September 9 at 9:49 AM
News IconThe Sell-side Consensus is in on Teekay Corporation (NYSE:TK); Earnings & Target Updates - National Daily Press (NYSE:TK)
www.nationaldailypress.com - September 9 at 9:49 AM
News IconTop Earnings to Watch for: Teekay Corporation (NYSE:TK) - The Voice Registrar (NYSE:TK)
voiceregistrar.com - September 8 at 11:33 AM
fool.com logoShares of Teekay Surge in August Thanks to Promising Results From Just One Subsidiary (NYSE:TK)
www.fool.com - September 7 at 1:33 PM
investornewswire.com logoCan Teekay Corporation (NYSE:TK) Surprise Analysts? - Investor Newswire (NYSE:TK)
www.investornewswire.com - September 6 at 9:35 AM
capitalcube.com logoETF’s with exposure to Teekay Corp. : August 30, 2016 (NYSE:TK)
www.capitalcube.com - August 30 at 7:35 PM
News IconCrowd & Analyst Ratings Update on Teekay Corporation (NYSE:TK)? - Post News (NYSE:TK)
www.kentuckypostnews.com - August 29 at 7:42 PM
News IconIt's Earnings Time: What to Do with Teekay Corporation (NYSE:TK) Stock - The Voice Registrar (NYSE:TK)
voiceregistrar.com - August 29 at 7:42 PM
capitalcube.com logoTeekay Corp. breached its 50 day moving average in a Bearish Manner : TK-US : August 29, 2016 (NYSE:TK)
www.capitalcube.com - August 29 at 7:42 PM
capitalcube.com logoTeekay Corp. breached its 50 day moving average in a Bullish Manner : TK-US : August 19, 2016 (NYSE:TK)
www.capitalcube.com - August 19 at 10:44 AM
News IconIs This 6.4% Yield About to Get Slashed? (NYSE:TK)
wealthyretirement.com - August 17 at 8:07 PM
investornewswire.com logoWill Teekay Corporation (NYSE:TK) Hit $9 Price Target? - Investor Newswire (NYSE:TK)
www.investornewswire.com - August 17 at 10:47 AM
4-traders.com logoTeekay Corporation : Announces Exchange Offer With Respect to 8.5% Senior Unsecured Notes Due 2020 (NYSE:TK)
www.4-traders.com - August 16 at 11:07 AM
publicnow.com logoTeekay Corporation Announces Exchange Offer With Respect to 8.5% Senior Unsecured Notes Due 2020 (NYSE:TK)
www.publicnow.com - August 16 at 11:07 AM
capitalcube.com logoETF’s with exposure to Teekay Corp. : August 15, 2016 (NYSE:TK)
www.capitalcube.com - August 15 at 8:10 PM
capitalcube.com logoTeekay Corp. :TK-US: Earnings Analysis: Q2, 2016 By the Numbers : August 12, 2016 (NYSE:TK)
www.capitalcube.com - August 12 at 7:55 PM
seekingalpha.com logoTeekay's (TK) CEO Peter Evensen on Q2 2016 Results - Earnings Call Transcript (NYSE:TK)
seekingalpha.com - August 6 at 10:30 AM
finance.yahoo.com logoEdited Transcript of TK earnings conference call or presentation 5-Aug-16 3:00pm GMT (NYSE:TK)
finance.yahoo.com - August 6 at 10:29 AM
News IconStock Earnings Estimations under Radar: Teekay Corporation (NYSE:TK) - Post Registrar (NYSE:TK)
postregistrar.com - August 5 at 10:52 AM
streetupdates.com logoStocks within Investors Screening: Teekay Corporation (NYSE:TK) , Ardmore Shipping Corporation (NYSE:ASC) - Street Updates (NYSE:TK)
www.streetupdates.com - August 4 at 8:17 PM
nasdaq.com logoTeekay Corporation Q2 Earnings Fall 96% (NYSE:TK)
www.nasdaq.com - August 4 at 11:02 AM
sg.finance.yahoo.com logoTeekay reports 2Q loss (NYSE:TK)
sg.finance.yahoo.com - August 4 at 11:02 AM
biz.yahoo.com logoQ2 2016 Teekay Corp Earnings Release - Before Market Open (NYSE:TK)
biz.yahoo.com - August 4 at 11:02 AM
finance.yahoo.com logoShipping Stocks' Aug 4 Earnings Roster: GLOG, TNK, TK (NYSE:TK)
finance.yahoo.com - August 3 at 11:05 AM
seekingalpha.com logoDividend Stock Yields 13%, Below Book Value, Goes Ex-Dividend Next Week (NYSE:TK)
seekingalpha.com - July 31 at 11:25 AM
News IconTeekay Corporation (NYSE:TK) Near to Lift Curtain on June 2016 ... - The Voice Registrar (NYSE:TK)
voiceregistrar.com - July 30 at 7:00 PM
investornewswire.com logoExpected For Teekay Corporation (NYSE:TK) Sales Of $2273.06 - Investor Newswire (NYSE:TK)
www.investornewswire.com - July 29 at 8:03 PM
ftsenews.co.uk logoNew Broker Ratings For Teekay Corporation (NYSE:TK) - FTSE News (NYSE:TK)
www.ftsenews.co.uk - July 28 at 11:06 AM
News IconTeekay Corporation (NYSE:TK): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:TK)
www.engelwooddaily.com - July 23 at 11:36 AM
News IconBig Money Investors Decreasing Transactions in Teekay Corporation (NYSE:TK) - Engelwood Daily (NYSE:TK)
www.engelwooddaily.com - July 23 at 11:36 AM
News IconWill Investors Find Any Relief with Teekay Corporation (NYSE:TK) - TGP (NYSE:TK)
telanaganapress.com - July 22 at 10:43 AM
News IconEquity Roundup: Stock Performance Focus on Teekay Corporation (NYSE:TK) - Press Telegraph (NYSE:TK)
presstelegraph.com - July 21 at 10:37 AM

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Teekay Corp. (NYSE:TK) Chart for Friday, September, 30, 2016


Last Updated on 9/30/2016 by MarketBeat.com Staff