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. Investors 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 dividend yield of 2.43%. The ex-dividend date of this dividend is Thursday, May 17th. This is a positive change from Timken's previous quarterly dividend of $0.27. View Timken's Dividend History.

Timken announced that its board has authorized a stock repurchase program on Saturday, April 8th 2017, which allows the company to repurchase 10,000,000 shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

Timken Co (NYSE:TKR) issued its quarterly earnings data on Tuesday, May, 1st. The industrial products company reported $1.01 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.84 by $0.17. The industrial products company earned $883 million during the quarter, compared to the consensus estimate of $836.56 million. Timken had a return on equity of 16.55% and a net margin of 7.71%. The firm's revenue for the quarter was up 25.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.55 earnings per share. View Timken's Earnings History.

Timken is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Timken.

Timken issued an update on its FY18 earnings guidance on Tuesday, May, 1st. The company provided earnings per share (EPS) guidance of $3.90-$4.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.56. The company issued revenue guidance of $3.515 billion, compared to the consensus revenue estimate of $3.38 billion.

6 equities research analysts have issued 1-year price objectives for Timken's stock. Their predictions range from $50.00 to $60.00. On average, they expect Timken's share price to reach $53.00 in the next year. View Analyst Ratings for Timken.

Some companies that are related to Timken include Norsk Hydro ASA (NHYDY), TORAY INDUSTRIE/ADR (TRYIY), Xylem (XYL), Ball (BLL), Amcor Limited ADS common stock (AMCRY), Dover (DOV), Packaging Corp Of America (PKG), IDEX (IEX), BRAMBLES Ltd/S (BXBLY), A. O. Smith (AOS), James Hardie Industries (JHX), Snc-Lavalin Group (SNC), Avery Dennison (AVY), ASAHI GLASS/ADR (ASGLY) and KION Grp AG/ADR (KIGRY).

Media coverage about TKR stock has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Timken earned a media sentiment score of 0.13 on Accern's scale. They also assigned headlines about the industrial products company an impact score of 47.78 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Timken's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.69%), Earnest Partners LLC (2.53%), Boston Partners (2.43%), Dimensional Fund Advisors LP (2.18%), LSV Asset Management (1.89%) and Victory Capital Management Inc. (1.56%). 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 Boston Partners, Point72 Asset Management L.P., Lord Abbett & CO. LLC, UBS Group AG, Guggenheim Capital LLC, JPMorgan Chase & Co., Sei Investments Co. and LSV Asset Management. 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 Vaughan Nelson Investment Management L.P., Epoch Investment Partners Inc., Victory Capital Management Inc., Amundi Pioneer Asset Management Inc., Millennium Management LLC, BlackRock Inc., Carillon Tower Advisers Inc. and Interval Partners LP. 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 $46.10.

Timken has a market capitalization of $3.70 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]