NYSE:TKRTimken Stock Price, Forecast & News

Timken's stock was trading at $35.77 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, TKR shares have increased by 29.9% and is now trading at $46.46. View which stocks have been most impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Timken in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Timken.

Timken is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Timken.

Timken will be holding an earnings conference call on Monday, August 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Timken Co (NYSE:TKR) posted its quarterly earnings results on Friday, May, 1st. The industrial products company reported $1.11 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.07 by $0.04. The industrial products company had revenue of $923.40 million for the quarter, compared to analysts' expectations of $917.91 million. Timken had a return on equity of 17.93% and a net margin of 9.40%. The firm's quarterly revenue was down 5.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.35 earnings per share. View Timken's earnings history.

Timken declared a quarterly dividend on Monday, May 11th. Stockholders of record on Friday, May 22nd will be paid a dividend of $0.28 per share on Wednesday, June 3rd. This represents a $1.12 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Thursday, May 21st. View Timken's dividend history.

5 Wall Street analysts have issued twelve-month price targets for Timken's stock. Their forecasts range from $42.00 to $68.00. On average, they expect Timken's stock price to reach $57.00 in the next year. This suggests a possible upside of 22.7% from the stock's current price. View analysts' price targets for Timken.

Media stories about TKR stock have trended somewhat negative this week, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Timken earned a daily sentiment score of -1.5 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news about Timken.

Timken saw a decline in short interest in the month of June. As of June 15th, there was short interest totaling 1,380,000 shares, a decline of 18.3% from the May 31st total of 1,690,000 shares. Based on an average trading volume of 741,700 shares, the days-to-cover ratio is currently 1.9 days. Approximately 2.1% of the shares of the stock are sold short. View Timken's Current Options Chain.

Some companies that are related to Timken include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), Ingersoll-Rand (IR), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Lincoln Electric (LECO) and ITT (ITT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Timken investors own include Timkensteel (TMST), Paychex (PAYX), General Electric (GE), Starbucks (SBUX), Boeing (BA), Caterpillar (CAT), Intel (INTC), AT&T (T), Home Depot (HD) and Cisco Systems (CSCO).

Timken trades on the New York Stock Exchange (NYSE) under the ticker symbol "TKR."

Timken's stock is owned by many different retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.48%), Envestnet Asset Management Inc. (0.11%), Louisiana State Employees Retirement System (0.02%), Carnegie Capital Asset Management LLC (0.01%) and Ellevest Inc. (0.00%). Company insiders that own Timken stock include Christopher A Coughlin, Frank C Sullivan, John M Timken Jr, Philip D Fracassa, Richard G Kyle, Ronald J Myers and Shelly Marie Chadwick. View institutional ownership trends for Timken.

TKR stock was acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Envestnet Asset Management Inc., Carnegie Capital Asset Management LLC, Ellevest Inc., and Louisiana State Employees Retirement System. Company insiders that have bought Timken stock in the last two years include Frank C Sullivan, John M Timken Jr, and Shelly Marie Chadwick. View insider buying and selling activity for Timken.

Shares of TKR 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, Robinhood, Fidelity, and Charles Schwab.

One share of TKR stock can currently be purchased for approximately $46.46.

Timken has a market capitalization of $3.49 billion and generates $3.79 billion in revenue each year. The industrial products company earns $362.10 million in net income (profit) each year or $4.60 on an earnings per share basis. Timken employs 18,000 workers across the globe.

The official website for Timken is www.timken.com.

Timken's mailing address is 4500 MT. PLEASANT ST. NW, NORTH CANTON OH, 44720. The industrial products company can be reached via phone at 234-262-3000 or via email at [email protected]