NYSE:TK Teekay (TK) Stock Forecast, Price & News $6.02 +0.24 (+4.15%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$6.01▼$6.1850-Day Range$5.15▼$6.3552-Week Range$2.54▼$6.75Volume1.21 million shsAverage Volume650,207 shsMarket Capitalization$591.89 millionP/E Ratio4.89Dividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media About Teekay (NYSE:TK) StockTeekay Corp. provides international crude oil and other marine transportation services. Its lines of business include offshore production (FPSO units) and conventional tankers. The firm operates through the following segments: Teekay Parent and Teekay Tankers. The Teekay Parent owns floating production, storage, and offloading (FPSO) units and a minority investment in Tanker Investments Ltd. The Teekay Tankers segment offers conventional crude oil tankers and product carriers. The company was founded by Jens Torben Karlshoej in 1973 and is headquartered in Hamilton, Bermuda.Read More Receive TK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Teekay and its competitors with MarketBeat's FREE daily newsletter. Email Address TK Stock News HeadlinesJune 9, 2023 | msn.comTeekay launches new stock buyback for up to $25M in sharesJune 9, 2023 | markets.businessinsider.comTeekay Plans New $25M Share Buyback ProgramJune 10, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 30, 2023 | msn.comTeekay Tankers: A Cautionary Tale Amid Industry HypeMay 29, 2023 | americanbankingnews.comTeekay Co. (NYSE:TK) Sees Large Drop in Short InterestMay 21, 2023 | americanbankingnews.comTeekay (NYSE:TK) Rating Increased to Strong-Buy at StockNews.comMay 12, 2023 | americanbankingnews.comTeekay (NYSE:TK) Downgraded to "Buy" at StockNews.comMay 11, 2023 | msn.comTeekay Corporation: Tankers Dividend Should Fuel Additional Share Buybacks, BuyJune 10, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.May 11, 2023 | apnews.comTeekay: Q1 Earnings SnapshotMay 11, 2023 | finance.yahoo.comTeekay Corporation Reports First Quarter 2023 ResultsApril 18, 2023 | finance.yahoo.comTeekay Corporation's (NYSE:TK) Earnings Are Not Doing Enough For Some InvestorsApril 11, 2023 | finance.yahoo.comTeekay Group Publishes 2022 Sustainability Report and Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2022April 10, 2023 | americanbankingnews.comAnalyzing United Maritime (NASDAQ:USEA) & Teekay (NYSE:TK)March 24, 2023 | americanbankingnews.comTeekay (NYSE:TK) Shares Gap Up to $6.04March 22, 2023 | seekingalpha.comTeekay Corp.: Aggressive Share Buybacks Are Fueling Speculation About A Teekay Tankers DividendMarch 22, 2023 | finance.yahoo.comWhy Shares of Teekay Corporation Are Soaring TodayMarch 22, 2023 | finance.yahoo.comTeekay Corporation Completes $30 Million Share Repurchase Program and Announces New Share Repurchase ProgramMarch 13, 2023 | finance.yahoo.comTeekay Corporation (NYSE:TK) is a favorite amongst institutional investors who own 69%February 23, 2023 | finance.yahoo.comTeekay Corporation Reports Fourth Quarter and Annual 2022 ResultsFebruary 7, 2023 | finance.yahoo.comTeekay Corporation's (NYSE:TK) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?January 4, 2023 | finance.yahoo.comTeekay (NYSE:TK) investors are sitting on a loss of 54% if they invested five years agoNovember 9, 2022 | finance.yahoo.comTeekay Third Quarter 2022 Earnings: EPS: US$0.32 (vs US$0.77 loss in 3Q 2021)October 26, 2022 | finance.yahoo.comTeekay Group to Announce Third Quarter 2022 Earnings Results on November 3, 2022October 14, 2022 | investors.comTexas Roadhouse Stock, Teekay Tankers, Chevron Among 27 New Stocks On IBD's Radar - Investor's Business DailyOctober 11, 2022 | nasdaq.comUnited Airlines (UAL) to Increase U.S. Flights to Australia - NasdaqOctober 11, 2022 | seekingalpha.comTeekay Tankers: A Bet On Crude Oil Trade Disruption (NYSE:TNK) - Seeking AlphaSee More Headlines TK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TK Company Calendar Last Earnings2/25/2021Today6/10/2023Next Earnings (Estimated)8/03/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Deep sea foreign transportation of freight Sub-IndustryOil & Gas Storage & Transportation SectorTransportation Current SymbolNYSE:TK CUSIPY8564W10 CIK911971 Webwww.teekay.com Phone(441) 298-2530Fax604-844-6600Employees2,500Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$1.23 Trailing P/E Ratio4.89 Forward P/E RatioN/A P/E GrowthN/ANet Income$78.41 million Net Margins9.04% Pretax Margin29.89% Return on Equity8.83% Return on Assets5.56% Debt Debt-to-Equity Ratio0.21 Current Ratio3.87 Quick Ratio3.56 Sales & Book Value Annual Sales$1.19 billion Price / Sales0.50 Cash Flow$1.73 per share Price / Cash Flow3.47 Book Value$13.93 per share Price / Book0.43Miscellaneous Outstanding Shares98,320,000Free Float95,978,000Market Cap$591.89 million OptionableOptionable Beta0.80 Key ExecutivesKenneth HvidPresident, Chief Executive Officer & DirectorBrody SpeersTreasurer & Vice President-FinanceN. Angelique BurgessAssistant SecretaryFrans LotzSecretary & General CounselKey CompetitorsSFLNYSE:SFLEagle Bulk ShippingNASDAQ:EGLEGenco Shipping & TradingNYSE:GNKTsakos Energy NavigationNYSE:TNPNavios Maritime PartnersNYSE:NMMView All CompetitorsInstitutional OwnershipPutnam Investments LLCSold 3,472 shares on 5/22/2023Ownership: 0.085%Ameriprise Financial Inc.Bought 22,011 shares on 5/22/2023Ownership: 0.022%JPMorgan Chase & Co.Sold 38,842 shares on 5/18/2023Ownership: 0.075%Donald Smith & CO. Inc.Bought 4,383 shares on 5/17/2023Ownership: 0.549%Jane Street Group LLCSold 21,338 shares on 5/16/2023Ownership: 0.066%View All Institutional Transactions TK Stock - Frequently Asked Questions How have TK shares performed in 2023? Teekay's stock was trading at $4.54 on January 1st, 2023. Since then, TK shares have increased by 32.6% and is now trading at $6.02. View the best growth stocks for 2023 here. Are investors shorting Teekay? Teekay saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,800,000 shares, a drop of 15.1% from the April 30th total of 2,120,000 shares. Based on an average trading volume of 1,230,000 shares, the days-to-cover ratio is currently 1.5 days. Currently, 2.7% of the shares of the stock are sold short. View Teekay's Short Interest. When is Teekay's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our TK earnings forecast. How were Teekay's earnings last quarter? Teekay Co. (NYSE:TK) announced its quarterly earnings data on Thursday, February, 25th. The shipping company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.06. The shipping company earned $297.86 million during the quarter. Teekay had a trailing twelve-month return on equity of 8.83% and a net margin of 9.04%. What ETFs hold Teekay's stock? ETFs with the largest weight of Teekay (NYSE:TK) stock in their portfolio include AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).SonicShares Global Shipping ETF (BOAT). What is Peter Evensen's approval rating as Teekay's CEO? 30 employees have rated Teekay Chief Executive Officer Peter Evensen on Glassdoor.com. Peter Evensen has an approval rating of 65% among the company's employees. What other stocks do shareholders of Teekay own? Based on aggregate information from My MarketBeat watchlists, some companies that other Teekay investors own include Teekay LNG Partners (TGP), Golar LNG (glng), Teekay Tankers (TNK), Frontline (FRO), NIO (NIO), Teekay Offshore Partners (TOO), Tsakos Energy Navigation (TNP), Nordic American Tankers (NAT), Scorpio Tankers (STNG) and Alibaba Group (BABA). What is Teekay's stock symbol? Teekay trades on the New York Stock Exchange (NYSE) under the ticker symbol "TK." Who are Teekay's major shareholders? Teekay's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (4.09%), Dimensional Fund Advisors LP (3.42%), Renaissance Technologies LLC (2.59%), Arrowstreet Capital Limited Partnership (1.91%), Two Sigma Advisers LP (1.85%) and Two Sigma Investments LP (1.69%). View institutional ownership trends. How do I buy shares of Teekay? Shares of TK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Teekay's stock price today? One share of TK stock can currently be purchased for approximately $6.02. How much money does Teekay make? Teekay (NYSE:TK) has a market capitalization of $591.89 million and generates $1.19 billion in revenue each year. The shipping company earns $78.41 million in net income (profit) each year or $1.23 on an earnings per share basis. How many employees does Teekay have? The company employs 2,500 workers across the globe. How can I contact Teekay? Teekay's mailing address is 4TH FLOOR BELVEDERE BUILDING 69 PITTS BAY ROAD, HAMILTON D0, HM 08. The official website for the company is www.teekay.com. The shipping company can be reached via phone at (441) 298-2530, via email at investor.relations@teekay.com, or via fax at 604-844-6600. This page (NYSE:TK) was last updated on 6/10/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Teekay Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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