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

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$4.31 +0.05 (+1.17 %)
(As of 05/21/2019 04:00 PM ET)
Previous Close$4.26
Today's Range$4.20 - $4.33
52-Week Range$2.92 - $8.37
Volume286,100 shs
Average Volume641,578 shs
Market Capitalization$433.95 million
P/E RatioN/A
Dividend Yield5.16%
Beta1.43
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 production, storage, and offloading units; floating storage and offloading units; HiLoad dynamic positioning units; long-distance towing and offshore installation vessels; and conventional tankers. As of December 31, 2018, its fleet consisted of 155 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$2.2332 per share
Book Value$28.55 per share

Profitability

Net Income$-79,240,000.00

Miscellaneous

Employees7,200
Market Cap$433.95 million
Next Earnings Date5/23/2019 (Confirmed)
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 announced a quarterly dividend on Tuesday, January 8th. Shareholders of record on Friday, February 1st will be given a dividend of $0.055 per share on Thursday, February 14th. This represents a $0.22 dividend on an annualized basis and a yield of 5.10%. 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) released its earnings results on Thursday, February, 21st. The shipping company reported ($0.02) earnings per share (EPS) for the quarter, topping the Zacks' 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 1.82%. The firm's quarterly revenue was up 14.6% on a year-over-year basis. During the same period last year, the business earned ($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 23rd 2019. View Earnings Estimates for Teekay.

How can I listen to Teekay's earnings call?

Teekay will be holding an earnings conference call on Thursday, May 23rd at 2:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8006675617.

What price target have analysts set for TK?

3 Wall Street analysts have issued twelve-month price objectives for Teekay's shares. Their forecasts range from $6.50 to $8.00. On average, they anticipate Teekay's share price to reach $7.50 in the next twelve months. This suggests a possible upside of 74.0% 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?

News coverage about TK stock has trended somewhat negative this week, InfoTrie reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Teekay earned a news impact score of -1.2 on InfoTrie's scale. They also assigned news headlines about the shipping company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Teekay's key competitors?

What other stocks do shareholders of Teekay own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Teekay investors own include Golar LNG (glng), Teekay Lng Partners (tgp), Teekay Offshore Partners (TOO), NIO (NIO), Teekay Tankers (tnk), Alibaba Group (BABA), Bausch Health Companies (BHC), QUALCOMM (QCOM), General Electric (GE) and Chesapeake Energy (CHK).

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. & 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 number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.35%), FMR LLC (2.02%), Renaissance Technologies LLC (1.29%), Goldman Sachs Group Inc. (1.27%), JPMorgan Chase & Co. (0.84%) and Cedar Capital LLC (0.30%). 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 Dalton Investments LLC, Charles Schwab Investment Management Inc., FMR LLC, BlackRock Inc., Cedar Capital LLC, California Public Employees Retirement System, Evergreen Capital Management LLC and Man Group plc. View Insider Buying and Selling for Teekay.

Which institutional investors are buying Teekay stock?

TK stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., Quinn Opportunity Partners LLC, Parametric Portfolio Associates LLC, Morgan Stanley, Virtu Financial LLC, The Manufacturers Life Insurance Company and Dynamic Technology Lab Private Ltd. 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 $4.31.

How big of a company is Teekay?

Teekay has a market capitalization of $433.95 million and generates $1.71 billion in revenue each year. The shipping company earns $-79,240,000.00 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:  305 (Vote Outperform)
Underperform Votes:  346 (Vote Underperform)
Total Votes:  651
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 5/21/2019 by MarketBeat.com Staff

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