NYSE:TKR - Timken Stock Price, Forecast & News

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

Timken declared a quarterly dividend on Tuesday, November 12th. Shareholders of record on Friday, November 22nd will be given a dividend of $0.28 per share on Wednesday, December 4th. This represents a $1.12 annualized dividend and a yield of 1.96%. The ex-dividend date is Thursday, November 21st. This is a positive change from Timken's previous quarterly dividend of $0.25. View Timken's Dividend History.

Timken Co (NYSE:TKR) posted its quarterly earnings results on Wednesday, October, 30th. The industrial products company reported $1.14 earnings per share for the quarter, missing analysts' consensus estimates of $1.18 by $0.04. The industrial products company had revenue of $914 million for the quarter, compared to analyst estimates of $945.87 million. Timken had a net margin of 8.11% and a return on equity of 21.12%. Timken's revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the business posted $1.06 earnings per share. View Timken's Earnings History.

Timken is scheduled to release their next quarterly earnings announcement on Thursday, February 6th 2020. View Earnings Estimates for Timken.

Timken updated its FY19 earnings guidance on Wednesday, October, 30th. The company provided earnings per share guidance of $4.70-4.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.85. The company issued revenue guidance of $3.76-3.80 billion, compared to the consensus revenue estimate of $3.85 billion.

5 brokers have issued 12-month price objectives for Timken's shares. Their forecasts range from $56.00 to $70.00. On average, they anticipate Timken's stock price to reach $63.00 in the next year. This suggests a possible upside of 10.2% from the stock's current price. View Analyst Price Targets for Timken.

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.

News stories about TKR stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Timken earned a news impact score of 2.0 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Timken.

Timken saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,400,000 shares, an increase of 20.7% from the December 15th total of 1,160,000 shares. Based on an average trading volume of 575,900 shares, the days-to-cover ratio is currently 2.4 days. Currently, 2.1% of the company's stock are sold short. View Timken's Current Options Chain.

Some companies that are related to Timken include Illinois Tool Works (ITW), Ingersoll-Rand (IR), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Snap-on (SNA), Graco (GGG), Pentair (PNR), Woodward, Inc.Common Stock (WWD), Gardner Denver (GDI), Donaldson (DCI) and Flowserve (FLS).

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

Timken's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Scout Investments Inc. (0.60%), Copper Rock Capital Partners LLC (0.46%), First National Bank of Omaha (0.15%), Gateway Investment Advisers LLC (0.10%), Douglass Winthrop Advisors LLC (0.07%) and Cozad Asset Management Inc. (0.05%). Company insiders that own Timken stock include Christopher A Coughlin, Frank C Sullivan, Jacqueline F Woods, John M Timken Jr, Philip D Fracassa, Richard G Kyle, Ronald J Myers, Shelly Marie Chadwick and Ward J Timken Jr. View Institutional Ownership Trends for Timken.

TKR stock was sold by a variety of institutional investors in the last quarter, including Scout Investments Inc., Gateway Investment Advisers LLC, State of Alaska Department of Revenue, Douglass Winthrop Advisors LLC and Miles Capital 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 for Timken.

TKR stock was acquired by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, First National Bank of Omaha, Cerebellum GP LLC, Honkamp Krueger Financial Services Inc., NEXT Financial Group Inc, Tributary Capital Management LLC, Huntington National Bank and Cozad Asset Management Inc.. 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 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 $57.16.

Timken has a market capitalization of $4.31 billion and generates $3.58 billion in revenue each year. The industrial products company earns $302.80 million in net income (profit) each year or $4.18 on an earnings per share basis. Timken employs 17,000 workers across the globe.View Additional Information About Timken.

The official website for Timken is http://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]