TimkenSteel - TMST Stock Forecast, Price & News

1 Wall Street equities research 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 equities research analysts is that investors should "buy" TMST shares.
View TMST analyst ratings or view top-rated stocks.

1 analysts have issued 1-year price objectives for TimkenSteel's shares. Their TMST share price forecasts range from $24.00 to $24.00. On average, they anticipate the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 33.0% 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 beginning of 2023. Since then, TMST stock has decreased by 0.7% and is now trading at $18.05.
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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 quarterly earnings results on Friday, February, 24th. The basic materials company reported ($0.10) earnings per share 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 analyst estimates of $321.40 million. TimkenSteel had a net margin of 4.90% and a trailing twelve-month return on equity of 14.83%. The company's revenue for the quarter was down 27.5% compared to the same quarter last year. During the same period in the previous year, the firm 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), Pacer US Small Cap Cash Cows 100 ETF (CALF), SPDR S&P Metals & Mining ETF (XME), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco DWA SmallCap Momentum ETF (DWAS) and VanEck Steel ETF (SLX).

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 retail and institutional investors. Top institutional investors 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 $18.05.

TimkenSteel (NYSE:TMST) has a market capitalization of $792.03 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.