NYSE:TKR - Timken Stock Price, Forecast & News

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

Timken announced a quarterly dividend on Monday, February 10th. Investors of record on Friday, February 21st will be given a dividend of $0.28 per share on Wednesday, March 4th. This represents a $1.12 annualized dividend and a dividend yield of 2.14%. The ex-dividend date of this dividend is Thursday, February 20th. View Timken's Dividend History.

Timken Co (NYSE:TKR) announced its earnings results on Wednesday, February, 5th. The industrial products company reported $0.84 EPS for the quarter, missing the consensus estimate of $0.96 by $0.12. The industrial products company earned $896.20 million during the quarter, compared to analysts' expectations of $885.21 million. Timken had a net margin of 9.55% and a return on equity of 19.49%. The company's revenue was down 1.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.00 EPS. View Timken's Earnings History.

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

Timken issued an update on its FY20 earnings guidance on Wednesday, February, 5th. The company provided earnings per share (EPS) guidance of $4.25 to $4.65 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.62. The company issued revenue guidance of $3.71 billion to $3.87 billion, compared to the consensus revenue estimate of $3.74 billion.

5 equities research analysts have issued 1 year price objectives for Timken's stock. Their forecasts range from $56.00 to $70.00. On average, they expect Timken's stock price to reach $63.40 in the next year. This suggests a possible upside of 21.2% 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 been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 1.0 on InfoTrie's scale. They also gave news stories about the industrial products company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Timken.

Timken saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,400,000 shares, an increase of 20.7% from the December 31st total of 1,160,000 shares. Based on an average daily volume of 582,600 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.1% of the shares of the stock are short sold. 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), Graco (GGG), Snap-on (SNA), Gardner Denver (GDI), Woodward, Inc.Common Stock (WWD), Pentair (PNR), Donaldson (DCI) and Middleby (MIDD).

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

Timken's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Earnest Partners LLC (2.83%), AQR Capital Management LLC (2.51%), LSV Asset Management (2.32%), State Street Corp (2.22%), Bank of New York Mellon Corp (1.64%) and Westfield Capital Management Co. LP (1.41%). 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, 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 Russell Investments Group Ltd., Prudential Financial Inc., Bank of New York Mellon Corp, Citigroup Inc., Beddow Capital Management Inc., Scout Investments Inc., Cubist Systematic Strategies LLC and KBC Group NV. 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 purchased by a variety of institutional investors in the last quarter, including Westfield Capital Management Co. LP, Copper Rock Capital Partners LLC, Panagora Asset Management Inc., Scopus Asset Management L.P., AJO LP, Man Group plc, Earnest Partners LLC and Anchor Bolt Capital LP. 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 $52.33.

Timken has a market capitalization of $3.95 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 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]