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: $759.94 million
  • Outstanding Shares: 86,259,000
Average Prices:
  • 50 Day Moving Avg: $9.26
  • 200 Day Moving Avg: $8.19
  • 52 Week Range: $5.14 - $11.77
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 148.92
  • P/E Growth: 0.27
Sales & Book Value:
  • Annual Revenue: $2.16 billion
  • Price / Sales: 0.36
  • Book Value: $9.33 per share
  • Price / Book: 0.96
Dividend:
  • Annual Dividend: $0.22
  • Dividend Yield: 2.5%
Profitability:
  • EBIDTA: $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: 1.79 million shs.
  • Beta: 1.68
  • 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 declared a quarterly dividend on Friday, July 7th. Investors of record on Friday, August 4th will be given a dividend of $0.055 per share on Wednesday, August 16th. This represents a $0.22 annualized dividend and a yield of 2.46%. The ex-dividend date is Wednesday, August 2nd. View Teekay Corporation's Dividend History.

How were Teekay Corporation's earnings last quarter?

Teekay Corporation (NYSE:TK) issued its quarterly earnings data on Thursday, August, 3rd. The company reported ($0.44) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.37) by $0.07. The firm had revenue of $513.90 million for 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 firm's quarterly revenue was down 12.5% on a year-over-year basis. During the same period in the prior year, the firm earned $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 twelve-month target prices for Teekay Corporation's stock. Their forecasts range from $3.00 to $7.00. On average, they expect Teekay Corporation's stock price to reach $5.33 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

Who owns Teekay Corporation stock?

Teekay Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include FMR LLC (9.98%), Eagle Global Advisors LLC (1.96%), State Street Corp (1.37%), Northern Trust Corp (1.24%), Schwab Charles Investment Management Inc. (0.87%) and Dimensional Fund Advisors LP (0.72%). View Institutional Ownership Trends for Teekay Corporation.

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 Atlantic Trust Group LLC, Numeric Investors LLC, JPMorgan Chase & Co., OxFORD Asset Management LLP, Eagle Global Advisors LLC, Parametric Portfolio Associates LLC, Cubist Systematic Strategies LLC and Aperio Group LLC. View Insider Buying and Selling for Teekay Corporation.

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

Teekay Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Wellington Shields & Co. LLC, FMR LLC, Engineers Gate Manager LP, Cedar Capital LLC, Virtu KCG Holdings LLC, Northern Trust Corp and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Teekay Corporation.

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 $8.94.


MarketBeat Community Rating for Teekay Corporation (NYSE TK)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  187 (Vote Outperform)
Underperform Votes:  241 (Vote Underperform)
Total Votes:  428
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: $5.33 (40.31% downside)

Analysts' Ratings History for Teekay Corporation (NYSE:TK)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/16/2017Royal Bank Of CanadaReiterated RatingHoldLowView Rating Details
6/9/2017Morgan StanleyDowngradeEqual Weight -> Underweight$8.00 -> $3.00HighView Rating Details
5/19/2017Jefferies Group LLCReiterated RatingHold$7.00HighView 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 9/26/2015 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: ($0.88)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.19)($0.19)($0.19)
Q2 20171($0.42)($0.42)($0.42)
Q3 20171($0.57)($0.57)($0.57)
Q4 20171$0.30$0.30$0.30
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Teekay Corporation (NYSE:TK)
Most Recent Dividend:8/16/2017
Annual Dividend:$0.22
Dividend Yield:2.46%
Dividend Growth:-44.20% (3 Year Average)
Payout Ratio:-15.38% (Trailing 12 Months of Earnings)
-17.89% (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
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)
Latest Headlines for Teekay Corporation (NYSE:TK)
Source:
DateHeadline
finance.yahoo.com logoTeekay Corp. breached its 50 day moving average in a Bearish Manner : TK-US : September 22, 2017
finance.yahoo.com - September 23 at 10:02 AM
americanbankingnews.com logoTeekay Corporation (TK) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - September 21 at 10:26 AM
americanbankingnews.com logoContrasting KNOT Offshore Partners (KNOP) and Teekay Corporation (TK)
www.americanbankingnews.com - September 20 at 4:14 PM
zacks.com logoImplied Volatility Surging for Teekay (TK) Stock Options
www.zacks.com - September 19 at 8:32 AM
americanbankingnews.com logoTeekay Corporation (TK) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - September 16 at 10:38 PM
americanbankingnews.com logo Brokerages Expect Teekay Corporation (TK) Will Announce Earnings of -$0.40 Per Share
www.americanbankingnews.com - September 8 at 10:20 AM
americanbankingnews.com logoTeekay Corporation (TK) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - September 6 at 9:15 AM
seekingalpha.com logoTeekay And Daughter Firms: Comprehensive Investment Update
seekingalpha.com - September 5 at 9:14 AM
americanbankingnews.com logoTeekay Corporation (TK) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - September 2 at 11:52 AM
seekingalpha.com logoAnother Short Battle For Teekay Is Looming
seekingalpha.com - August 28 at 7:04 AM
seekingalpha.com logoWhat Teekay Tankers Can Afford
seekingalpha.com - August 26 at 9:23 AM
finance.yahoo.com logoOptions Traders Expect Huge Moves in Teekay Corp (TK) Stock
finance.yahoo.com - August 26 at 9:23 AM
americanbankingnews.com logoTeekay Corporation (TK) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - August 23 at 12:32 AM
americanbankingnews.com logo$477.80 Million in Sales Expected for Teekay Corporation (TK) This Quarter
www.americanbankingnews.com - August 22 at 3:20 AM
americanbankingnews.com logoTeekay Corporation (TK) Expected to Announce Earnings of -$0.40 Per Share
www.americanbankingnews.com - August 20 at 8:12 PM
seekingalpha.com logoTeekay Offshore: A New Day Is Dawning
seekingalpha.com - August 8 at 7:33 AM
finance.yahoo.com logoETFs with exposure to Teekay Corp. : August 7, 2017
finance.yahoo.com - August 8 at 7:33 AM
seekingalpha.com logoTeekay Corp's (TK) CEO Kenneth Hvid on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 5 at 7:45 AM
finance.yahoo.com logoEdited Transcript of TK earnings conference call or presentation 4-Aug-17 3:00pm GMT
finance.yahoo.com - August 5 at 7:45 AM
americanbankingnews.com logoTeekay Corporation (NYSE:TK) Expected to Announce Quarterly Sales of $504.07 Million
www.americanbankingnews.com - August 4 at 8:14 AM
americanbankingnews.com logoTeekay Corporation (NYSE:TK) Announces Earnings Results
www.americanbankingnews.com - August 3 at 10:32 PM
finance.yahoo.com logoTeekay reports 2Q loss
finance.yahoo.com - August 3 at 7:57 AM
feeds.benzinga.com logoTeekay Corporation Reports Second Quarter 2017 Results
feeds.benzinga.com - August 3 at 3:16 AM
americanbankingnews.com logoTeekay Corporation (NYSE:TK) Lifted to "Buy" at BidaskClub
www.americanbankingnews.com - August 2 at 6:56 PM
americanbankingnews.com logo-$0.37 EPS Expected for Teekay Corporation (NYSE:TK) This Quarter
www.americanbankingnews.com - August 2 at 2:50 PM
americanbankingnews.com logoTeekay Corporation (TK) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 31 at 10:07 AM
americanbankingnews.com logoHead to Head Analysis: Teekay Corporation (NYSE:TK) and Crude Carriers Corp. (CRU)
www.americanbankingnews.com - July 29 at 8:20 AM
seekingalpha.com logoTeekay Offshore Dodges A Bullet - Seeking Alpha
seekingalpha.com - July 28 at 8:52 AM
seekingalpha.com logoTeekay Offshore - Refinancing Risks Appear Overblown - Seeking Alpha
seekingalpha.com - July 27 at 8:22 AM
finance.yahoo.com logoTeekay and Brookfield Announce Strategic Partnership and Investment in Teekay Offshore
finance.yahoo.com - July 27 at 8:22 AM
americanbankingnews.com logoTeekay Corporation (TK) Scheduled to Post Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 26 at 7:52 AM
seekingalpha.com logoCan Teekay Corporation Rescue Teekay Offshore Partners
seekingalpha.com - July 25 at 7:32 AM
americanbankingnews.com logoTeekay Corporation (NYSE:TK) Upgraded at BidaskClub
www.americanbankingnews.com - July 24 at 7:52 PM
americanbankingnews.com logoValuEngine Upgrades Teekay Corporation (TK) to "Hold"
www.americanbankingnews.com - July 21 at 12:04 AM
seekingalpha.com logoTeekay Corp. - J Mintzmyer's Idea Of The Month
seekingalpha.com - July 20 at 8:35 AM
americanbankingnews.com logoCritical Analysis: Gener8 Maritime (GNRT) versus Teekay Corporation (NYSE:TK)
www.americanbankingnews.com - July 19 at 12:21 PM
americanbankingnews.com logo$504.07 Million in Sales Expected for Teekay Corporation (NYSE:TK) This Quarter
www.americanbankingnews.com - July 13 at 11:44 AM
bizjournals.com logoTechnical Snapshots for These Shipping Stocks -- Scorpio Tankers, Teekay, Euronav, and GasLog
www.bizjournals.com - July 12 at 8:11 AM
americanbankingnews.com logoZacks: Brokerages Expect Teekay Corporation (NYSE:TK) Will Announce Earnings of -$0.23 Per Share
www.americanbankingnews.com - July 11 at 8:18 AM
seekingalpha.com logoTeekay Corporation: Do Not Blindly Follow Cobas Asset Management - Seeking Alpha
seekingalpha.com - July 10 at 7:16 AM
americanbankingnews.com logoTeekay Corporation Declares Quarterly Dividend of $0.06 (NYSE:TK)
www.americanbankingnews.com - July 7 at 10:46 PM
seekingalpha.com logoTeekay Corporation - An Amazing Shipping Company
seekingalpha.com - July 6 at 1:04 PM
finance.yahoo.com logoTeekay (TK) Shows Strength: Stock Adds 16.9% in Session
finance.yahoo.com - July 6 at 1:03 PM
finance.yahoo.com logoTeekay Corp. breached its 50 day moving average in a Bullish Manner : TK-US : July 4, 2017
finance.yahoo.com - July 4 at 4:43 PM
seekingalpha.com logoHow To Play Teekay
seekingalpha.com - July 4 at 8:01 AM
finance.yahoo.com logoETFs with exposure to Teekay Corp. : July 3, 2017
finance.yahoo.com - July 4 at 8:01 AM
americanbankingnews.com logoTeekay Corporation (NYSE:TK) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - July 3 at 10:40 PM
finance.yahoo.com logoETFs with exposure to Teekay Corp. : June 22, 2017
finance.yahoo.com - June 23 at 6:47 AM
fool.com logoWhy Teekay Corporation Took Off -- and Rose 10% Today
www.fool.com - June 22 at 5:46 PM
seekingalpha.com logoTeekay Corporation: Our Highest Conviction Long Idea Ever
seekingalpha.com - June 22 at 2:07 PM

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Chart

Teekay Corporation (TK) Chart for Tuesday, September, 26, 2017

This page was last updated on 9/26/2017 by MarketBeat.com Staff