TimkenSteel - TMST Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TimkenSteel in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" TMST shares.
View TMST analyst ratings or view top-rated stocks.

1 brokers have issued 1 year price objectives for TimkenSteel's stock. Their TMST share price forecasts range from $24.00 to $24.00. On average, they anticipate the company's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 31.4% from the stock's current price.
View analysts price targets for TMST or view top-rated stocks among Wall Street analysts.

TimkenSteel's stock was trading at $18.17 at the start of the year. Since then, TMST shares have increased by 0.5% and is now trading at $18.26.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our TMST earnings forecast.

TimkenSteel Co. (NYSE:TMST) released its earnings results on Friday, February, 24th. The basic materials company reported ($0.10) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.16. The basic materials company had revenue of $245.40 million for the quarter, compared to analysts' expectations of $321.40 million. TimkenSteel had a trailing twelve-month return on equity of 14.83% and a net margin of 4.90%. The company's quarterly revenue was down 27.5% on a year-over-year basis. During the same quarter last year, the business posted $0.80 earnings per share.

ETFs with the largest weight of TimkenSteel (NYSE:TMST) stock in their portfolio include Cambria Value and Momentum ETF (VAMO), Invesco S&P SmallCap Materials ETF (PSCM), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Value with Momentum ETF (XSVM), SPDR S&P Metals & Mining ETF (XME), VanEck Steel ETF (SLX), Invesco DWA SmallCap Momentum ETF (DWAS) and Direxion Daily Metal Miners Bull 2X Shares (MNM).

TimkenSteel (NYSE:TMST) pays an annual dividend of $0.56 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 51.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TMST will have a dividend payout ratio of 38.89% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TMST.

Based on aggregate information from My MarketBeat watchlists, some companies that other TimkenSteel investors own include Timken (TKR), Callon Petroleum (CPE), Range Resources (RRC), Coeur Mining (CDE), Transocean (RIG), Cleveland-Cliffs (CLF), Keryx Biopharmaceuticals (KERX), Enerplus (ERF), Ford Motor (F) and Freeport-McMoRan (FCX).

TimkenSteel trades on the New York Stock Exchange (NYSE) under the ticker symbol "TMST."

TimkenSteel's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.49%), Systematic Financial Management LP (2.21%), Bank of America Corp DE (2.05%), Mirae Asset Global Investments Co. Ltd. (1.87%), Geode Capital Management LLC (1.76%) and Pacer Advisors Inc. (1.62%). Insiders that own company stock include Ken V Garcia, Kevin A Raketich, Kristine C Syrvalin, Kristopher R Westbrooks and Randall H Edwards.
View institutional ownership trends.

Shares of TMST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TMST stock can currently be purchased for approximately $18.26.

TimkenSteel (NYSE:TMST) has a market capitalization of $801.25 million and generates $1.33 billion in revenue each year. The basic materials company earns $65.10 million in net income (profit) each year or $1.08 on an earnings per share basis.

The company employs 1,700 workers across the globe.

TimkenSteel's mailing address is 1835 DUEBER AVENUE SW, CANTON OH, 44706. The official website for the company is www.timkensteel.com. The basic materials company can be reached via phone at (330) 471-7000, via email at ir@timkensteel.com, or via fax at 330-458-6006.