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 2.50%. 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 of Directors has approved a stock repurchase program on Saturday, April 8th 2017, which allows the company to buyback 10,000,000 shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are often a sign that the company's management believes its shares are undervalued.

Timken Co (NYSE:TKR) announced its earnings results on Tuesday, May, 1st. The industrial products company reported $1.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.84 by $0.17. The industrial products company had revenue of $883 million for 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 quarterly revenue was up 25.4% on a year-over-year basis. During the same period last year, the firm 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 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 Wall Street analysts have issued 12 month target prices for Timken's stock. Their forecasts range from $50.00 to $60.00. On average, they anticipate Timken's stock price to reach $53.20 in the next year. This suggests a possible upside of 18.9% 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).

Media coverage about TKR stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Timken earned a coverage optimism score of 0.09 on Accern's scale. They also assigned media headlines about the industrial products company an impact score of 45.51 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

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%), First National Bank of Omaha (0.13%), Gateway Investment Advisers LLC (0.10%) and State of Alaska Department of Revenue (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 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 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 $44.75.

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]