NYSE:TKRTimken Stock Price, Forecast & News

Timken's stock was trading at $35.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, TKR stock has increased by 34.0% and is now trading at $47.94. 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 data on Friday, May, 1st. The industrial products company reported $1.11 earnings per share for the quarter, topping the Zacks' consensus estimate of $1.07 by $0.04. The industrial products company earned $923.40 million during the quarter, compared to the consensus estimate 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 period in the previous year, the company earned $1.35 earnings per share. View Timken's earnings history.

Timken declared a quarterly dividend on Monday, May 11th. Shareholders 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 annualized dividend and a yield of 2.34%. The ex-dividend date is Thursday, May 21st. View Timken's dividend history.

5 Wall Street analysts have issued 12-month price targets for Timken's shares. Their forecasts range from $42.00 to $68.00. On average, they expect Timken's share price to reach $57.00 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price. View analysts' price targets for Timken.

Media headlines about TKR stock have been trending extremely negative on Wednesday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Timken earned a coverage optimism score of -4.3 on InfoTrie's scale. They also assigned news stories about the industrial products company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the immediate 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 short-interest ratio is currently 1.9 days. Approximately 2.1% of the company's shares 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 a variety of institutional and retail 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%), Honkamp Krueger Financial Services Inc. (0.01%) and Howe & Rusling Inc. (0.01%). 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 sold by a variety of institutional investors in the last quarter, including Howe & Rusling Inc.. Company insiders that have sold Timken company stock in the last year include Christopher A Coughlin, Philip D Fracassa, Richard G Kyle, Ronald J Myers, and Shelly Marie Chadwick. View insider buying and selling activity for Timken.

TKR stock was bought by a variety of institutional investors in the last quarter, including Scout Investments Inc., Envestnet Asset Management Inc., Carnegie Capital Asset Management LLC, Honkamp Krueger Financial Services Inc., 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 $47.94.

Timken has a market capitalization of $3.60 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]