Timken Stock Forecast, Price & News

Timken's stock was trading at $35.77 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, TKR stock has increased by 58.8% and is now trading at $56.82.
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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) posted its quarterly earnings data on Monday, August, 3rd. The industrial products company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.69. The industrial products company had revenue of $803.50 million for the quarter, compared to analyst estimates of $706.32 million. Timken had a net margin of 9.06% and a return on equity of 16.41%. Timken's revenue for the quarter was down 19.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.27 EPS.
View Timken's earnings history.

Timken announced a quarterly dividend on Monday, August 10th. Stockholders of record on Friday, August 21st will be paid a dividend of $0.28 per share on Thursday, September 3rd. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.97%. The ex-dividend date of this dividend is Thursday, August 20th.
View Timken's dividend history.

4 equities research analysts have issued 1-year target prices for Timken's shares. Their forecasts range from $55.00 to $68.00. On average, they anticipate Timken's share price to reach $63.75 in the next twelve months. This suggests a possible upside of 12.2% from the stock's current price.
View analysts' price targets for Timken.

Timken saw a increase in short interest in August. As of August 14th, there was short interest totaling 1,300,000 shares, an increase of 12.1% from the July 30th total of 1,160,000 shares. Based on an average daily trading volume, of 622,300 shares, the short-interest ratio is presently 2.1 days. Approximately 2.0% of the company's stock are sold short.
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), Lincoln Electric (LECO) and ITT (ITT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Timken investors own include Timkensteel (TMST), Paychex (PAYX), Starbucks (SBUX), Boeing (BA), General Electric (GE), Caterpillar (CAT), Eaton (ETN), Intel (INTC), Procter & Gamble (PG) and Cisco Systems (CSCO).

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

Timken's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.45%), Nuveen Asset Management LLC (3.97%), LSV Asset Management (2.46%), Goldman Sachs Group Inc. (1.61%), AQR Capital Management LLC (1.41%) and Bank of New York Mellon Corp (1.36%). Company insiders that own Timken stock include Bo Hans Olof Landin, 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 AQR Capital Management LLC, Vanguard Group Inc., Federated Hermes Inc., Prudential Financial Inc., Mackay Shields LLC, AJO LP, Ensign Peak Advisors Inc, and Glenmede Trust Co. NA. Company insiders that have sold Timken company stock in the last year include Bo Hans Olof Landin, Christopher A Coughlin, Philip D Fracassa, Richard G Kyle, Ronald J Myers, Shelly Marie Chadwick, and Ward J Timken Jr.
View insider buying and selling activity for Timken.

TKR stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Goldman Sachs Group Inc., Copper Rock Capital Partners LLC, Copper Rock Capital Partners LLC, Columbus Circle Investors, Balyasny Asset Management LLC, Sei Investments Co., and Strs Ohio. 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 $56.82.

Timken has a market capitalization of $4.27 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]