How have TK shares performed in 2024?

Teekay's stock was trading at $7.15 at the beginning of 2024. Since then, TK stock has decreased by 1.3% and is now trading at $7.06. View the best growth stocks for 2024 here .

Are investors shorting Teekay?

Teekay saw a decrease in short interest in March. As of March 31st, there was short interest totaling 429,000 shares, a decrease of 29.6% from the March 15th total of 609,100 shares. Based on an average daily trading volume, of 699,000 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.7% of the company's shares are short sold. View Teekay's Short Interest .

When is Teekay's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our TK earnings forecast .

How were Teekay's earnings last quarter?

Teekay Co. (NYSE:TK) announced its quarterly earnings data on Thursday, February, 22nd. The shipping company reported $0.34 earnings per share (EPS) for the quarter. The shipping company had revenue of $339.19 million for the quarter. Teekay had a net margin of 10.28% and a trailing twelve-month return on equity of 9.07%.

Is Teekay a good dividend stock?

Teekay (NYSE:TK) pays an annual dividend of $0.22 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 14.38%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for TK .

What ETFs hold Teekay's stock?

ETFs with the largest weight of Teekay (NYSE:TK) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP) . AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC) .

What is Peter Evensen's approval rating as Teekay's CEO?

30 employees have rated Teekay Chief Executive Officer Peter Evensen on Glassdoor.com . Peter Evensen has an approval rating of 65% among the company's employees.

What other stocks do shareholders of Teekay own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Teekay investors own include Teekay LNG Partners (TGP) , Golar LNG (glng) , Teekay Tankers (TNK) , Frontline (FRO) , NIO (NIO) , Teekay Offshore Partners (TOO) , Tsakos Energy Navigation (TNP) , Nordic American Tankers (NAT) , Scorpio Tankers (STNG) and Alibaba Group (BABA) .

Who are Teekay's major shareholders?

Teekay's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.42%), Los Angeles Capital Management LLC (0.29%), Allspring Global Investments Holdings LLC (0.12%), DGS Capital Management LLC (0.02%) and Diversified Trust Co (0.01%). View institutional ownership trends .

How do I buy shares of Teekay?

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 .

NYSE:TK

Teekay (TK) Stock Price, News & Analysis

→ New crypto project uncovers 2,050% in 65 days (From InvestorPlace) (Ad)

Free TK Stock Alerts

$7.06

-0.12 (-1.67%)

(As of 04/18/2024 ET)

Compare

Today's Range: $7.06
▼
$7.24
50-Day Range: $7.06
▼
$8.37
52-Week Range: $5.01
▼
$9.27

Volume: 433,046 shs
Average Volume: 680,767 shs
Market Capitalization: $642.10 million

P/E Ratio: 4.61
Dividend Yield: N/A
Price Target: N/A

Get Teekay alerts:

Teekay MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.74% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.96
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.26 out of 5 stars

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Teekay.

5.0

Short Interest

Percentage of Shares Shorted
0.74% 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 0.6, 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 29.57%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Teekay does not currently pay a dividend.
Dividend Growth
Teekay does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Teekay is 14.38%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TK.

2.8

News and Social Media Coverage

News Sentiment
Teekay has a news sentiment score of 0.96. 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 higher news sentiment than the 0.46 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Teekay this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for TK on MarketBeat in the last 30 days. This is a decrease of -40% compared to the previous 30 days.
MarketBeat Follows
Only 1 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.

0.8

Company Ownership

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.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Teekay is 4.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.54.
Price to Earnings Ratio vs. Sector
The P/E ratio of Teekay is 4.61, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.08.
Price to Book Value per Share Ratio
Teekay has a P/B Ratio of 0.36. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad InvestorPlace

Now Open: Crypto emergency update

During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.

Just click here to sign up and be among the first to get it.

About Teekay Stock (NYSE:TK)

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.

TK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TK Stock News Headlines

April 13, 2024 | americanbankingnews.com

Teekay (NYSE:TK) Trading Up 3%

April 1, 2024 | ftw.usatoday.com

The 7 performers for the 2024 iHeartRadio Music Awards, including Justin Timberlake

April 19, 2024 | InvestorPlace (Ad)

New crypto project uncovers 2,050% in 65 days

During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.

March 25, 2024 | globenewswire.com

Teekay Group Publishes 2023 Sustainability Report and Announces Availability of Annual Reports on Form 20-F for the Year Ended December 31, 2023

February 26, 2024 | seekingalpha.com

Teekay Corporation: Discounted Bet On Teekay Tankers - Buy

February 23, 2024 | benzinga.com

Teekay Stock (NYSE:TK), Short Interest Report

February 22, 2024 | msn.com

WES, ERF among major energy gainers; TK, TNK among major losers

February 22, 2024 | benzinga.com

Teekay Stock (NYSE:TK), Analyst Ratings, Price Targets, Predictions

April 19, 2024 | InvestorPlace (Ad)

New crypto project uncovers 2,050% in 65 days

During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.

February 22, 2024 | washingtonpost.com

Teekay: Q4 Earnings Snapshot

February 22, 2024 | finance.yahoo.com

Teekay Corporation Reports Fourth Quarter and Annual 2023 Results

February 22, 2024 | globenewswire.com

Teekay Corporation Reports Fourth Quarter and Annual 2023 Results

February 21, 2024 | investors.com

Cheap Stocks To Buy: Should You Watch These 5 Growth Stocks? Bitcoin Miner Aims At Breakout

February 17, 2024 | finance.yahoo.com

TK Mar 2024 7.500 call

February 14, 2024 | finance.yahoo.com

Teekay Group to Announce Fourth Quarter and Annual 2023 Earnings Results on February 22, 2024

February 14, 2024 | globenewswire.com

Teekay Group to Announce Fourth Quarter and Annual 2023 Earnings Results on February 22, 2024

February 12, 2024 | cnn.com

Teekay Corporation

January 28, 2024 | finance.yahoo.com

Teekay Corporation (NYSE:TK) is a favorite amongst institutional investors who own 86%

January 4, 2024 | seekingalpha.com

Teekay Tankers: A Strong Buy In The Mid-Sized Tankers Market

December 24, 2023 | finance.yahoo.com

Teekay Corporation's (NYSE:TK) Stock Is Going Strong: Is the Market Following Fundamentals?

November 22, 2023 | lse.co.uk

Teekay Lng Partners L.p. 20/25 Frn Floor Share Chat

November 20, 2023 | finance.yahoo.com

Those who invested in Teekay (NYSE:TK) three years ago are up 185%

November 19, 2023 | morningstar.com

Teekay Corp TK

November 15, 2023 | seekingalpha.com

Teekay Corp.: Discounted Price Leaves Appealing Investment Opportunity

November 8, 2023 | investing.com

Teekay Corporation and Teekay Tankers report record Q3 2023 results

November 5, 2023 | finance.yahoo.com

Teekay Corporation (NYSE:TK) Q3 2023 Earnings Call Transcript

November 3, 2023 | msn.com

Teekay Tankers (TNK) is a Great Momentum Stock: Should You Buy?

See More Headlines

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.

Company Calendar

Last Earnings: 2/22/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Transportation
Industry: Deep sea foreign transportation of freight
Sub-Industry: Oil & Gas Storage & Transportation
Current Symbol: NYSE:TK
CUSIP: Y8564W10
CIK: 911971
Web: www.teekay.com
Phone: (441) 298-2530
Fax: 604-844-6600
Employees: 2,300
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $1.53
Trailing P/E Ratio: 4.61
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $150.64 million
Net Margins: 10.28%
Pretax Margin: 36.15%
Return on Equity: 9.07%
Return on Assets: 7.03%

Debt

Debt-to-Equity Ratio: 0.07
Current Ratio: 5.33
Quick Ratio: 5.03

Sales & Book Value

Annual Sales: $1.46 billion
Price / Sales: 0.44
Cash Flow: $2.65 per share
Price / Cash Flow: 2.66
Book Value: $19.80 per share
Price / Book: 0.36

Miscellaneous

Outstanding Shares: 90,950,000
Free Float: 88,784,000
Market Cap: $642.11 million
Optionable: Optionable
Beta: 0.63

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

Key Executives

Mr. Kenneth Hvid (Age 56)
President, CEO & Director
Mr. Brody Speers (Age 40)
VP of Finance & Treasurer
Mr. Ryan Hamilton
Manager of Finance & Investor Relations
Mr. Frans Lotz (Age 39)
General Counsel, Secretary & Privacy Officer
Ms. Ingvild Sæther (Age 56)
President & CEO of Teekay Offshore Group Ltd
Lee Edwards
Financial Analyst

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TK Stock Analysis - Frequently Asked Questions

How have TK shares performed in 2024?: Teekay's stock was trading at $7.15 at the beginning of 2024. Since then, TK stock has decreased by 1.3% and is now trading at $7.06.
View the best growth stocks for 2024 here.
Are investors shorting Teekay?: Teekay saw a decrease in short interest in March. As of March 31st, there was short interest totaling 429,000 shares, a decrease of 29.6% from the March 15th total of 609,100 shares. Based on an average daily trading volume, of 699,000 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.7% of the company's shares are short sold.
View Teekay's Short Interest.
When is Teekay's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our TK earnings forecast.
How were Teekay's earnings last quarter?: Teekay Co. (NYSE:TK) announced its quarterly earnings data on Thursday, February, 22nd. The shipping company reported $0.34 earnings per share (EPS) for the quarter. The shipping company had revenue of $339.19 million for the quarter. Teekay had a net margin of 10.28% and a trailing twelve-month return on equity of 9.07%.
Is Teekay a good dividend stock?: Teekay (NYSE:TK) pays an annual dividend of $0.22 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 14.38%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TK.
What ETFs hold Teekay's stock?: ETFs with the largest weight of Teekay (NYSE:TK) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP).AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).

What is Peter Evensen's approval rating as Teekay's CEO?: 30 employees have rated Teekay Chief Executive Officer Peter Evensen on Glassdoor.com. Peter Evensen has an approval rating of 65% among the company's employees.
What other stocks do shareholders of Teekay own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Teekay investors own include Teekay LNG Partners (TGP), Golar LNG (glng), Teekay Tankers (TNK), Frontline (FRO), NIO (NIO), Teekay Offshore Partners (TOO), Tsakos Energy Navigation (TNP), Nordic American Tankers (NAT), Scorpio Tankers (STNG) and Alibaba Group (BABA).
Who are Teekay's major shareholders?: Teekay's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Hennessy Advisors Inc. (0.42%), Los Angeles Capital Management LLC (0.29%), Allspring Global Investments Holdings LLC (0.12%), DGS Capital Management LLC (0.02%) and Diversified Trust Co (0.01%).
View institutional ownership trends.
How do I buy shares of Teekay?: 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.

This page (NYSE:TK) was last updated on 4/19/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

Teekay (TK) Stock Price, News & Analysis

Teekay MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Teekay Stock (NYSE:TK)

TK Stock Price History

TK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

TK Stock Analysis - Frequently Asked Questions

Overall MarketRank^™