NYSE:TKRTimken Stock Price, Forecast & News

Timken's stock was trading at $35.77 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, TKR shares have increased by 44.8% and is now trading at $51.81.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Timken in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Timken.

Timken is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Timken.

Timken Co (NYSE:TKR) announced its quarterly earnings data on Monday, August, 3rd. The industrial products company reported $1.02 EPS for the quarter, topping the Zacks' consensus estimate of $0.33 by $0.69. The industrial products company earned $803.50 million during the quarter, compared to the consensus estimate of $706.32 million. Timken had a net margin of 9.06% and a return on equity of 16.41%. The business's revenue for the quarter was down 19.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.27 EPS.
View Timken's earnings history.

Timken announced a quarterly dividend on Monday, May 11th. Investors of record on Friday, May 22nd will be paid a dividend of $0.28 per share on Wednesday, June 3rd. This represents a $1.12 annualized dividend and a yield of 2.16%. The ex-dividend date is Thursday, May 21st.
View Timken's dividend history.

4 brokers have issued twelve-month price objectives for Timken's shares. Their forecasts range from $55.00 to $68.00. On average, they expect Timken's share price to reach $61.75 in the next year. This suggests a possible upside of 19.2% from the stock's current price.
View analysts' price targets for Timken.

Headlines about TKR stock have been trending very negative recently, InfoTrie reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Timken earned a news impact score of -3.4 on InfoTrie's scale. They also assigned media stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future.
View the latest news about Timken.

Timken saw a drop in short interest in the month of July. As of July 31st, there was short interest totaling 1,360,000 shares, a drop of 23.6% from the July 15th total of 1,780,000 shares. Based on an average daily trading volume, of 632,300 shares, the short-interest ratio is presently 2.2 days. Approximately 2.1% of the company's shares are short sold.
View Timken's Short Interest.

Some companies that are related to Timken include Illinois Tool Works (ITW), Parker-Hannifin (PH), Stanley Black & Decker (SWK), Dover (DOV), Ingersoll-Rand (IR), Xylem (XYL), IDEX (IEX), Nordson (NDSN), Graco (GGG), Snap-on (SNA), Pentair (PNR), Gardner Denver (GDI), Donaldson (DCI), Middleby (MIDD) and Lincoln Electric (LECO).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Timken investors own include Timkensteel (TMST), Paychex (PAYX), General Electric (GE), Starbucks (SBUX), Boeing (BA), Caterpillar (CAT), Intel (INTC), AT&T (T), Home Depot (HD) and Cisco Systems (CSCO).

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

Timken's stock is owned by many different retail and institutional investors. Top institutional investors include LSV Asset Management (2.46%), Copper Rock Capital Partners LLC (1.12%), Victory Capital Management Inc. (1.11%), New York State Common Retirement Fund (0.69%), Strs Ohio (0.59%) and Scout Investments Inc. (0.48%). 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 and Shelly Marie Chadwick.
View institutional ownership trends for Timken.

TKR stock was sold by a variety of institutional investors in the last quarter, including Mackay Shields LLC, Principal Financial Group Inc., LSV Asset Management, New York State Common Retirement Fund, UBS Group AG, Mckinley Capital Management LLC Delaware, Texas Permanent School Fund, and Stone Ridge Asset Management LLC. 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 activity for Timken.

TKR stock was acquired by a variety of institutional investors in the last quarter, including Copper Rock Capital Partners LLC, Columbus Circle Investors, Strs Ohio, Scout Investments Inc., Victory Capital Management Inc., First Trust Advisors LP, SG Americas Securities LLC, and Bessemer Group 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 activity 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 $51.81.

Timken has a market capitalization of $3.89 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 18,000 workers across the globe.

The official website for Timken is 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]