NYSE:TKR - Timken Stock Price, Price Target & More

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

Timken declared a quarterly dividend on Tuesday, May 8th. Stockholders of record on Friday, May 18th will be paid a dividend of $0.28 per share on Monday, June 4th. This represents a $1.12 annualized dividend and a dividend yield of 2.54%. The ex-dividend date of this dividend is Thursday, May 17th. This is a boost from Timken's previous quarterly dividend of $0.27. View Timken's Dividend History.

Timken announced that its Board of Directors has initiated a stock repurchase program on Saturday, April 8th 2017, which authorizes the company to repurchase 10,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company's management believes its stock is undervalued.

Timken Co (NYSE:TKR) released its quarterly earnings results on Tuesday, May, 1st. The industrial products company reported $1.01 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.84 by $0.17. The industrial products company earned $883 million during the quarter, compared to analyst estimates of $836.56 million. Timken had a net margin of 7.71% and a return on equity of 16.55%. The firm's revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter last year, the company earned $0.55 earnings per share. View Timken's Earnings History.

Timken is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for Timken.

Timken updated its FY18 earnings guidance on Tuesday, May, 1st. The company provided EPS guidance of $3.90-$4.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.56. The company issued revenue guidance of $3.515 billion, compared to the consensus revenue estimate of $3.38 billion.

8 Wall Street analysts have issued 12 month price objectives for Timken's shares. Their forecasts range from $50.00 to $60.00. On average, they expect Timken's share price to reach $53.20 in the next year. This suggests a possible upside of 20.5% from the stock's current price. View Analyst Ratings for Timken.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Timken in the last year. There are currently 1 sell rating, 1 hold rating and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Timken include Ball (BLL), TORAY INDUSTRIE/ADR (TRYIY), Xylem (XYL), Amcor Limited ADS common stock (AMCRY), Norsk Hydro ASA (NHYDY), Dover (DOV), BRAMBLES Ltd/S (BXBLY), Packaging Corp Of America (PKG), IDEX (IEX), A. O. Smith (AOS), James Hardie Industries (JHX), Snc-Lavalin Group (SNC), Avery Dennison (AVY), ASAHI GLASS/ADR (ASGLY) and Alcoa (AA).

News headlines about TKR stock have been trending positive on Tuesday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Timken earned a media sentiment score of 0.32 on Accern's scale. They also assigned news stories about the industrial products company an impact score of 45.75 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Timken's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Copper Rock Capital Partners LLC (0.58%), Deprince Race & Zollo Inc. (0.56%), Scout Investments Inc. (0.47%), First National Bank of Omaha (0.13%), Gateway Investment Advisers LLC (0.10%) and Alpha Windward LLC (0.01%). Company insiders that own Timken stock include Frank C Sullivan, Jacqueline F Woods, Philip D Fracassa, Richard G Kyle, Ronald J Myers, Shelly Marie Chadwick, Ward J Timken Jr and William R Burkhart. View Institutional Ownership Trends for Timken.

TKR stock was sold by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Deprince Race & Zollo Inc., Scout Investments Inc. and First National Bank of Omaha. Company insiders that have sold Timken company stock in the last year include Jacqueline F Woods, Philip D Fracassa, Richard G Kyle and Ward J Timken Jr. View Insider Buying and Selling for Timken.

TKR stock was bought by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, Alpha Windward LLC, Bank of Montreal Can and State of Alaska Department of Revenue. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of TKR stock can currently be purchased for approximately $44.15.

Timken has a market capitalization of $3.47 billion and generates $3.00 billion in revenue each year. The industrial products company earns $203.40 million in net income (profit) each year or $2.63 on an earnings per share basis. Timken employs 15,000 workers across the globe.

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]