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. Shareholders 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 dividend on an annualized basis and a yield of 2.49%. The ex-dividend date 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 has authorized a share repurchase plan on Saturday, April 8th 2017, which authorizes the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's management believes its stock is undervalued.

Timken Co (NYSE:TKR) posted its quarterly earnings results on Tuesday, May, 1st. The industrial products company reported $1.01 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.84 by $0.17. The industrial products company had revenue of $883 million for the quarter, compared to the consensus estimate of $836.56 million. Timken had a net margin of 7.71% and a return on equity of 16.55%. The business's quarterly revenue was up 25.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.55 EPS. 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 earnings per share guidance of $3.90-$4.00 for the period, compared to the Thomson Reuters consensus estimate of $3.56. The company issued revenue guidance of $3.515 billion, compared to the consensus revenue estimate of $3.38 billion.

8 brokers have issued twelve-month price objectives for Timken's shares. Their forecasts range from $50.00 to $60.00. On average, they anticipate Timken's share price to reach $53.20 in the next year. This suggests a possible upside of 18.1% 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), Amcor Limited ADS common stock (AMCRY), Xylem (XYL), Dover (DOV), Norsk Hydro ASA (NHYDY), 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 AB SKF (SKFRY).

News stories about TKR stock have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Timken earned a daily sentiment score of 0.12 on Accern's scale. They also assigned media coverage about the industrial products company an impact score of 47.50 out of 100, meaning that recent news 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 variety of of institutional and retail investors. Top institutional investors 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 James Investment Research Inc. (0.06%). 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., Municipal Employees Retirement System of Michigan, 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 purchased by a variety of institutional investors in the last quarter, including Gateway Investment Advisers LLC, James Investment Research Inc., Nisa Investment Advisors 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 $45.05.

Timken has a market capitalization of $3.50 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]