NYSE:TK - Teekay Stock Price, Price Target & More

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$6.91 -0.20 (-2.81 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$7.14
Today's Range$6.91 - $7.15
52-Week Range$7.05 - $10.90
Volume44,802 shs
Average Volume825,540 shs
Market Capitalization$719.11 million
P/E Ratio-5.09
Dividend Yield3.07%
Beta1.31
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 Ratio1.30
Current Ratio1.14
Quick Ratio1.14

Price-To-Earnings

Trailing P/E Ratio-5.09
Forward P/E Ratio-13.82
P/E GrowthN/A

Sales & Book Value

Annual Sales$1.88 billion
Price / Sales0.37
Cash Flow$3.6755 per share
Price / Cash1.88
Book Value$32.31 per share
Price / Book0.21

Profitability

EPS (Most Recent Fiscal Year)($1.38)
Net Income$-163,270,000.00
Net Margins-7.32%
Return on Equity-3.28%
Return on Assets-1.11%

Miscellaneous

Employees6,800
Outstanding Shares100,430,000
Market Cap$719.11

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 Thursday, July 5th. Shareholders of record on Friday, August 3rd will be paid a dividend of $0.055 per share on Wednesday, August 15th. This represents a $0.22 annualized dividend and a yield of 3.16%. The ex-dividend date is Thursday, August 2nd. View Teekay's Dividend History.

How were Teekay's earnings last quarter?

Teekay Co. (NYSE:TK) posted its quarterly earnings results on Thursday, May, 17th. The shipping company reported ($0.19) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.08) by $0.11. The shipping company had revenue of $394.02 million for the quarter, compared to analyst estimates of $296.76 million. Teekay had a negative net margin of 7.32% and a negative return on equity of 3.28%. The company's quarterly revenue was down 27.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.41) 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, August, 2nd 2018. View Earnings Estimates for Teekay.

What price target have analysts set for TK?

2 equities research analysts have issued 12-month price targets for Teekay's shares. Their forecasts range from $6.50 to $8.00. On average, they expect Teekay's stock price to reach $7.25 in the next twelve months. This suggests a possible upside of 4.2% from the stock's current price. View Analyst Ratings 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."

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)

Has Teekay been receiving favorable news coverage?

Media coverage about TK stock has been trending somewhat positive recently, Accern reports. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Teekay earned a news sentiment score of 0.18 on Accern's scale. They also gave media headlines about the shipping company an impact score of 44.31 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

Who are Teekay's major shareholders?

Teekay's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Fox Run Management L.L.C. (0.02%). View Institutional Ownership Trends for Teekay.

Which institutional investors are buying Teekay stock?

TK stock was purchased by a variety of institutional investors in the last quarter, including Fox Run Management L.L.C.. 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 $6.96.

How big of a company is Teekay?

Teekay has a market capitalization of $719.11 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.

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:  259 (Vote Outperform)
Underperform Votes:  307 (Vote Underperform)
Total Votes:  566
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 7/20/2018 by MarketBeat.com Staff

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