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

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

Timken announced a quarterly dividend on Tuesday, May 8th. Investors of record on Friday, May 18th will be given a dividend of $0.28 per share on Monday, June 4th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.57%. The ex-dividend date is Thursday, May 17th. This is an increase from Timken's previous quarterly dividend of $0.27. View Timken's Dividend History.

Timken announced that its board has initiated a stock buyback program on Saturday, April 8th 2017, which permits the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.

Timken Co (NYSE:TKR) released its earnings results on Tuesday, May, 1st. The industrial products company reported $1.01 earnings per share for the quarter, topping analysts' consensus estimates of $0.84 by $0.17. The industrial products company earned $883 million during the quarter, compared to analysts' expectations of $836.56 million. Timken had a return on equity of 16.55% and a net margin of 7.71%. Timken's revenue was up 25.4% compared to the same quarter last year. During the same period in the previous 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 Wednesday, July, 25th 2018. View Earnings Estimates for Timken.

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

6 analysts have issued 1-year price objectives for Timken's stock. Their forecasts range from $50.00 to $60.00. On average, they anticipate Timken's stock price to reach $53.00 in the next year. View Analyst Ratings for Timken.

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

News headlines about TKR stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Timken earned a coverage optimism score of 0.08 on Accern's scale. They also gave news stories about the industrial products company an impact score of 45.95 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Timken's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.69%), Earnest Partners LLC (2.53%), Boston Partners (2.43%), Dimensional Fund Advisors LP (2.18%), LSV Asset Management (1.89%) and Victory Capital Management Inc. (1.56%). 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 Boston Partners, Point72 Asset Management L.P., Lord Abbett & CO. LLC, UBS Group AG, Guggenheim Capital LLC, JPMorgan Chase & Co., Sei Investments Co. and LSV Asset Management. 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 Vaughan Nelson Investment Management L.P., Epoch Investment Partners Inc., Victory Capital Management Inc., Amundi Pioneer Asset Management Inc., Millennium Management LLC, BlackRock Inc., Carillon Tower Advisers Inc. and Interval Partners LP. 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 $43.65.

Timken has a market capitalization of $3.46 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]