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

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$6.49 +0.04 (+0.62 %)
(As of 09/25/2018 01:36 AM ET)
Previous Close$6.45
Today's Range$6.43 - $6.61
52-Week Range$6.25 - $10.90
Volume512,200 shs
Average Volume986,068 shs
Market Capitalization$647.80 million
P/E Ratio-4.70
Dividend Yield3.43%
Beta1.34
Teekay logoTeekay 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

Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
SymbolNYSE:TK
CUSIPY8564W10
Phone441-298-2530

Debt

Debt-to-Equity Ratio1.39
Current Ratio0.81
Quick Ratio0.81

Price-To-Earnings

Trailing P/E Ratio-4.70
Forward P/E Ratio-12.98
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.88 billion
Price / Sales0.35
Cash Flow$3.8402 per share
Price / Cash1.69
Book Value$32.31 per share
Price / Book0.20

Profitability

EPS (Most Recent Fiscal Year)($1.38)
Net Income$-163,270,000.00
Net Margins-4.62%
Return on Equity-2.98%
Return on Assets-1.07%

Miscellaneous

Employees6,800
Outstanding Shares100,430,000
Market Cap$647.80 million

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 Thursday, July 5th. Shareholders of record on Friday, August 3rd will be given a dividend of $0.055 per share on Wednesday, August 15th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date of this dividend is Thursday, August 2nd. View Teekay's Dividend History.

How were Teekay's earnings last quarter?

Teekay Co. (NYSE:TK) issued its quarterly earnings results on Thursday, August, 2nd. The shipping company reported ($0.21) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.34) by $0.13. The shipping company had revenue of $405.60 million for the quarter, compared to the consensus estimate of $332.02 million. Teekay had a negative return on equity of 2.98% and a negative net margin of 4.62%. The firm's revenue for the quarter was down 21.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.44) EPS. View Teekay's Earnings History.

When is Teekay's next earnings date?

Teekay is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Teekay.

What price target have analysts set for TK?

2 brokerages have issued 1 year 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 $7.25 in the next twelve months. This suggests a possible upside of 11.7% from the stock's current price. View Analyst Price Targets for Teekay.

What is the consensus analysts' recommendation for Teekay?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Teekay in the last year. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Teekay.

Who are some of Teekay's key competitors?

Who are Teekay's key executives?

Teekay's management team includes the folowing people:
  • Mr. Kenneth Hvid, Pres & CEO (Age 50)
  • Mr. Vincent Lok, Exec. VP & CFO (Age 50)
  • Mr. Arthur J. Bensler, Exec. VP, Gen. Counsel & Corp. Sec. (Age 60)
  • Mr. William Hung, Exec. VP of Strategic Devel. (Age 46)
  • Ms. Ingvild Sæther, Pres & CEO of Teekay Offshore Group Ltd (Age 49)

Who are Teekay's major shareholders?

Teekay's stock is owned by a number of of retail and institutional investors. Top institutional investors include FMR LLC (8.36%), BlackRock Inc. (3.28%), Northern Trust Corp (1.11%), Bank of America Corp DE (0.97%), Schwab Charles Investment Management Inc. (0.94%) and Renaissance Technologies LLC (0.57%). 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 FMR LLC, Bank of America Corp DE, California Public Employees Retirement System, Cedar Capital LLC, Jane Street Group LLC, Legal & General Group Plc and Creative Planning. View Insider Buying and Selling for Teekay.

Which institutional investors are buying Teekay stock?

TK stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, BlackRock Inc., American Century Companies Inc., Richard Bernstein Advisors LLC, Schwab Charles Investment Management Inc., Northern Trust Corp, Dynamic Technology Lab Private Ltd and Paloma Partners Management Co. 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 $6.49.

How big of a company is Teekay?

Teekay has a market capitalization of $647.80 million and generates $1.88 billion in revenue each year. The shipping company earns $-163,270,000.00 in net income (profit) each year or ($1.38) on an earnings per share basis. Teekay employs 6,800 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:  281 (Vote Outperform)
Underperform Votes:  323 (Vote Underperform)
Total Votes:  604
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 9/25/2018 by MarketBeat.com Staff

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