NYSE:TK - Teekay Stock Price, News, & Analysis

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$4.04 -0.25 (-5.83 %)
(As of 03/24/2019 01:22 PM ET)
Previous Close$4.04
Today's Range$4.04 - $4.25
52-Week Range$2.92 - $9.23
Volume486,847 shs
Average Volume734,006 shs
Market Capitalization$405.74 million
P/E Ratio-7.62
Dividend Yield5.45%
Beta1.42
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.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
CUSIPY8564W10
Phone441-298-2530

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.71 billion
Cash Flow$2.2198 per share
Book Value$8.05 per share

Profitability

Net Income$-36,260,000.00

Miscellaneous

Employees7,200
Market Cap$405.74 million
Next Earnings Date5/16/2019 (Estimated)
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 declared a quarterly dividend on Tuesday, January 8th. Shareholders of record on Friday, February 1st will be paid a dividend of $0.055 per share on Thursday, February 14th. This represents a $0.22 annualized dividend and a dividend yield of 5.45%. The ex-dividend date of this dividend is Thursday, January 31st. View Teekay's Dividend History.

How were Teekay's earnings last quarter?

Teekay Co. (NYSE:TK) issued its earnings results on Thursday, February, 21st. The shipping company reported ($0.02) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.07. The shipping company had revenue of $374.30 million for the quarter. Teekay had a negative net margin of 4.64% and a negative return on equity of 2.21%. Teekay's revenue was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.11) earnings per share. View Teekay's Earnings History.

When is Teekay's next earnings date?

Teekay is scheduled to release their next quarterly earnings announcement on Thursday, May 16th 2019. View Earnings Estimates for Teekay.

What price target have analysts set for TK?

3 Wall Street analysts have issued 12 month price objectives for Teekay's stock. Their forecasts range from $6.50 to $8.00. On average, they anticipate Teekay's share price to reach $7.50 in the next year. This suggests a possible upside of 85.6% 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?

Media stories about TK stock have trended positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing 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 positive five, with scores nearest to five being the most favorable. Teekay earned a daily sentiment score of 2.1 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

Who are some of Teekay's key competitors?

What other stocks do shareholders of Teekay own?

Who are Teekay's key executives?

Teekay's management team includes the folowing people:
  • Mr. Kenneth Hvid, Pres & CEO (Age 51)
  • Mr. Vincent Lok, Exec. VP & CFO (Age 51)
  • Mr. Ryan Hamilton, Mang. of Fin. and Investor Relations
  • Mr. Arthur J. Bensler, Exec. VP, Gen. Counsel & Corp. Sec. (Age 61)
  • Mr. William Hung, Exec. VP of Strategic Devel. (Age 47)

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. (3.50%), FMR LLC (2.16%), Northern Trust Corp (0.75%), Bank of America Corp DE (0.57%), Bell & Brown Wealth Advisors LLC (0.51%) and Dimensional Fund Advisors LP (0.50%). 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 Northern Trust Corp, Bank of America Corp DE, Bank of New York Mellon Corp, Malaga Cove Capital LLC, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP and National Asset Management Inc.. 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 Bell & Brown Wealth Advisors LLC, BlackRock Inc., Cedar Capital LLC, Bell & Brown Wealth Advisors LLC, Geode Capital Management LLC, Geode Capital Management LLC, Rhumbline Advisers and California Public Employees Retirement System. 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 $4.04.

How big of a company is Teekay?

Teekay has a market capitalization of $405.74 million and generates $1.71 billion in revenue each year. The shipping company earns $-36,260,000.00 in net income (profit) each year or ($0.53) on an earnings per share basis. Teekay employs 7,200 workers across the globe.

What is Teekay's official website?

The official website for Teekay is http://www.teekay.com.

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)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  303 (Vote Outperform)
Underperform Votes:  343 (Vote Underperform)
Total Votes:  646
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.
This page was last updated on 3/24/2019 by MarketBeat.com Staff

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