Teekay Corporation Company Profile (NYSE:TK)

About Teekay Corporation (NYSE:TK)

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: Sea-Borne Tankers
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Symbol: NYSE:TK
  • CUSIP: Y8564W10
  • Web: www.teekay.com
Capitalization:
  • Market Cap: $753.04 million
  • Outstanding Shares: 86,259,000
Average Prices:
  • 50 Day Moving Avg: $8.95
  • 200 Day Moving Avg: $8.15
  • 52 Week Range: $5.14 - $11.77
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 145.50
  • P/E Growth: 0.26
Sales & Book Value:
  • Annual Revenue: $2.16 billion
  • Price / Sales: 0.35
  • Book Value: $9.33 per share
  • Price / Book: 0.94
Dividend:
  • Annual Dividend: $0.22
  • Dividend Yield: 2.5%
Profitability:
  • EBITDA: $843.75 million
  • Net Margins: -5.66%
  • Return on Equity: -2.82%
  • Return on Assets: -0.87%
Debt:
  • Debt-to-Equity Ratio: 1.49%
  • Current Ratio: 0.55%
  • Quick Ratio: 0.55%
Misc:
  • Average Volume: 1.03 million shs.
  • Beta: 1.66
  • Short Ratio: 5.8
 

Frequently Asked Questions for Teekay Corporation (NYSE:TK)

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 announced a quarterly dividend on Tuesday, October 3rd. Shareholders of record on Friday, November 3rd will be given a dividend of $0.055 per share on Wednesday, November 15th. This represents a $0.22 annualized dividend and a yield of 2.52%. The ex-dividend date of this dividend is Thursday, November 2nd. View Teekay Corporation's Dividend History.

How were Teekay Corporation's earnings last quarter?

Teekay Corporation (NYSE:TK) posted its earnings results on Thursday, August, 3rd. The company reported ($0.44) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.37) by $0.07. The business earned $513.90 million during the quarter, compared to analysts' expectations of $503.65 million. Teekay Corporation had a negative return on equity of 2.82% and a negative net margin of 5.66%. The business's quarterly revenue was down 12.5% compared to the same quarter last year. During the same period last year, the business posted $0.01 earnings per share. View Teekay Corporation's Earnings History.

When will Teekay Corporation make its next earnings announcement?

Teekay Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Teekay Corporation.

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

4 brokers have issued 12 month target prices for Teekay Corporation's shares. Their predictions range from $3.00 to $8.00. On average, they expect Teekay Corporation's share price to reach $5.67 in the next twelve months. View Analyst Ratings for Teekay Corporation.

Who are some of Teekay Corporation's key competitors?

Who are Teekay Corporation's key executives?

Teekay Corporation's management team includes the folowing people:

  • William P. Utt, Independent Chairman of the Board
  • Kenneth Hvid, Chief Executive Officer
  • Vincent Lok, Chief Financial Officer, Executive Vice President
  • Mark Kremin, President, Chief Executive Officer of Teekay Gas Group Ltd.
  • Peter Lytzen, President, Teekay Petrojarl AS,
  • Kevin J. Mackay, President and Chief Executive Officer, Teekay Tanker Services, a division of Teekay
  • Ingvild Saether, President, Chief Executive Officer of Teekay Offshore Group Ltd.
  • Arthur Bensler, Executive Vice President, General Counsel, Secretary
  • William Hung, Executive Vice President, Strategic Development
  • Rudolph W.J. Krediet, Director

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.

What is Teekay Corporation's stock price today?

One share of Teekay Corporation stock can currently be purchased for approximately $8.73.


MarketBeat Community Rating for Teekay Corporation (NYSE TK)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  197 (Vote Outperform)
Underperform Votes:  249 (Vote Underperform)
Total Votes:  446
MarketBeat's community ratings are surveys of what our community members think about Teekay Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Teekay Corporation (NYSE:TK) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 3 Hold Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $5.67 (35.09% downside)
Consensus Price Target History for Teekay Corporation (NYSE:TK)
Price Target History for Teekay Corporation (NYSE:TK)
Analysts' Ratings History for Teekay Corporation (NYSE:TK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/12/2017Jefferies Group LLCReiterated RatingHold$8.00N/AView Rating Details
6/16/2017Royal Bank Of CanadaReiterated RatingHoldLowView Rating Details
6/9/2017Morgan StanleyDowngradeEqual Weight -> Underweight$8.00 -> $3.00HighView Rating Details
11/6/2016Credit Suisse GroupSet Price TargetHold$6.00N/AView Rating Details
7/7/2016Wells Fargo & CompanyReiterated RatingNeutral -> HoldN/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 10/22/2015 forward)

Earnings

Earnings History for Teekay Corporation (NYSE:TK)
Earnings by Quarter for Teekay Corporation (NYSE:TK)
Earnings History by Quarter for Teekay Corporation (NYSE TK)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017($0.40)N/AView Earnings Details
8/3/20176/30/2017($0.37)($0.44)$503.65 million$513.90 millionViewListenView Earnings Details
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 Corporation (NYSE:TK)
2017 EPS Consensus Estimate: ($0.76)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.19)($0.19)($0.19)
Q2 20171($0.42)($0.42)($0.42)
Q3 20171($0.45)($0.45)($0.45)
Q4 20171$0.30$0.30$0.30
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teekay Corporation (NYSE:TK)
Next Dividend:11/15/2017
Annual Dividend:$0.22
Dividend Yield:2.52%
Dividend Growth:-44.20% (3 Year Average)
Payout Ratio:-15.38% (Trailing 12 Months of Earnings)
-17.19% (Based on This Year's Estimates)
366.67% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Teekay Corporation (NYSE:TK)

Dividend History by Quarter for Teekay Corporation (NYSE TK)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/3/2017quarterly$0.062.43%11/2/201711/3/201711/15/2017
7/7/2017quarterly$0.063.24%8/2/20178/4/20178/16/2017
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 Corporation (NYSE:TK)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Teekay Corporation (NYSE:TK)
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Chart

Teekay Corporation (TK) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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