Free Trial
NYSE:TK

Teekay (TK) Stock Price, News & Analysis

Teekay logo
$8.01 +0.08 (+1.01%)
(As of 11/20/2024 ET)

About Teekay Stock (NYSE:TK)

Key Stats

Today's Range
$7.91
$8.02
50-Day Range
$7.45
$9.60
52-Week Range
$6.41
$9.95
Volume
541,129 shs
Average Volume
905,993 shs
Market Capitalization
$735.64 million
P/E Ratio
5.34
Dividend Yield
3.12%
Price Target
N/A
Consensus Rating
N/A

Company Overview

Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company owns and operates crude oil and refined product tankers. It also provides ship-to-ship support services; tanker commercial management operation services; and operational and maintenance marine services. As of March 1, 2024, the company operated a fleet of approximately 53 owned and chartered-in vessels. It serves energy and utility companies, major oil traders, large oil consumers and petroleum product producers, government agencies, and various other entities that depend upon marine transportation. Teekay Corporation was founded in 1973 and is headquartered in Hamilton, Bermuda.

Teekay Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
50th Percentile Overall Score

TK MarketRank™: 

Teekay scored higher than 50% of companies evaluated by MarketBeat, and ranked 159th out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for Teekay.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Teekay is 5.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Teekay is 5.34, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.91.

  • Price to Book Value per Share Ratio

    Teekay has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Teekay's valuation and earnings.
  • Percentage of Shares Shorted

    0.98% of the float of Teekay has been sold short.
  • Short Interest Ratio / Days to Cover

    Teekay has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Teekay has recently decreased by 5.80%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Teekay pays a meaningful dividend of 3.15%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Teekay does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Teekay is 16.67%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Teekay's dividend.
  • Percentage of Shares Shorted

    0.98% of the float of Teekay has been sold short.
  • Short Interest Ratio / Days to Cover

    Teekay has a short interest ratio ("days to cover") of 0.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Teekay has recently decreased by 5.80%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Teekay has a news sentiment score of -0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Oils/Energy companies.
  • Search Interest

    1 people have searched for TK on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 2 people have added Teekay to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Teekay insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.38% of the stock of Teekay is held by insiders.

  • Percentage Held by Institutions

    46.73% of the stock of Teekay is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Teekay's insider trading history.
Receive TK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Teekay and its competitors with MarketBeat's FREE daily newsletter.

TK Stock News Headlines

Teekay Corp Ltd TK
Trump won. Buy this coin now.
Juan Villaverde called the top and bottom of every crypto bull market since 2012. He believes Bitcoin will go to $150,000 — or more. But there’s one coin he thinks could go even higher.
Teekay Corporation Faces Profit Decline Amid Revenue Dip
Teekay Corporation’s Strong Q3 Performance and Strategic Moves
See More Headlines

TK Stock Analysis - Frequently Asked Questions

Teekay's stock was trading at $7.15 at the beginning of 2024. Since then, TK shares have increased by 12.0% and is now trading at $8.01.
View the best growth stocks for 2024 here
.

Teekay Co. (NYSE:TK) announced its quarterly earnings data on Thursday, August, 1st. The shipping company reported $0.35 earnings per share (EPS) for the quarter. The shipping company earned $326.14 million during the quarter. Teekay had a trailing twelve-month return on equity of 6.56% and a net margin of 11.05%.

Top institutional investors of Teekay include State Street Corp (1.41%), Geode Capital Management LLC (0.88%), Charles Schwab Investment Management Inc. (0.66%) and Allspring Global Investments Holdings LLC (0.41%).
View institutional ownership trends
.

Shares of TK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Teekay investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), Exxon Mobil (XOM) and JPMorgan Chase & Co. (JPM).

Company Calendar

Last Earnings
8/01/2024
Today
11/21/2024
Ex-Dividend for 12/18 Dividend
12/04/2024
Dividend Payable
12/18/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/27/2025

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
Y8564W10
Employees
2,300
Year Founded
N/A

Profitability

Net Income
$150.64 million
Pretax Margin
33.70%

Debt

Sales & Book Value

Annual Sales
$1.46 billion
Cash Flow
$2.75 per share
Book Value
$21.82 per share

Miscellaneous

Free Float
89,650,000
Market Cap
$735.64 million
Optionable
Optionable
Beta
0.60

Social Links

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

This page (NYSE:TK) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners