The Timken Company (TKR)
| Market Cap | 6.03B |
| Revenue (ttm) | 4.77B |
| Net Income (ttm) | 394.10M |
| Shares Out | 70.13M |
| EPS (ttm) | 5.47 |
| PE Ratio | 15.73 |
| Forward PE | 14.09 |
| Dividend | $1.32 (1.54%) |
| Ex-Dividend Date | Feb 16, 2024 |
| Volume | 439,282 |
| Open | 86.68 |
| Previous Close | 86.61 |
| Day's Range | 85.36 - 87.54 |
| 52-Week Range | 65.71 - 95.08 |
| Beta | 1.54 |
| Analysts | Buy |
| Price Target | 85.90 (-0.14%) |
| Earnings Date | Apr 30, 2024 |
About TKR
The Timken Company designs, manufactures, and sells engineered bearings and industrial motion products, and related services in the United States and internationally. The company's Engineered Bearings segment provides various bearing products, including tapered, spherical, and cylindrical roller bearings; plain bearings, metal-polymer bearings, and rod end bearings; radial, angular, and precision ball bearings; thrust and specialty ball bearings; journal bearings; and housed or mounted bearings. This segment serves wind energy, agriculture, con... [Read more]
Financial Performance
In 2023, TKR's revenue was $4.77 billion, an increase of 6.06% compared to the previous year's $4.50 billion. Earnings were $394.10 million, a decrease of -3.26%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for TKR stock is "Buy." The 12-month stock price forecast is $85.9, which is a decrease of -0.14% from the latest price.
News
Timken Recognized by Fortune as one of America's Most Innovative Companies
NORTH CANTON, Ohio , April 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been named to Fortune's l...
Timken to Announce First-Quarter 2024 Financial Results on April 30
NORTH CANTON, Ohio , April 11, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its first-quarte...
The Timken Company Announces CEO Succession Plan
Industry executive Tarak Mehta named Timken's next president and CEO Richard G. Kyle to retire as Timken president and CEO; will remain on the Timken Board of Directors NORTH CANTON, Ohio , March 27, ...
Timken Issues 2023 Annual Report, Highlighting Record Results
NORTH CANTON, Ohio, March 14, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has released its 2023 Annual R...
Timken to Participate in the BofA Global Research Global Industrials Conference
NORTH CANTON, Ohio , March 12, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the BofA ...
Timken Named One of World's Most Ethical Companies® by Ethisphere for 13th Time
Recognition highlights company's commitment to business integrity through robust ethics, compliance and governance programs NORTH CANTON, Ohio , March 4, 2024 /PRNewswire/ -- The Timken Company (NYSE:...
Timken to Participate in the Evercore ISI Industrial Conference
NORTH CANTON, Ohio , Feb. 29, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the Everco...
Timken Awards $540,000 in Scholarships to 20 Future Leaders and Innovators
NORTH CANTON, Ohio , Feb. 23, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) is helping fund the futures of 20 students in pursuit of careers ranging from engineering and business...
Timken Declares Quarterly Dividend of 33 Cents Per Share
NORTH CANTON, Ohio , Feb. 8, 2024 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today...
Timken Reports Strong Fourth-Quarter Results to Close Out a Record 2023
Sales of $1.09 billion in the fourth quarter, up 1 percent from last year Fourth-quarter earnings per share of $0.83; adjusted EPS of $1.37 Record full-year sales of $4.8 billion, up 6 percent from la...
American Woodmark Adds Philip Fracassa, Executive Vice President and CFO at Timken, to the Board of Directors
WINCHESTER, Va.--(BUSINESS WIRE)---- $AMWD #AMWD--American Woodmark Corporation (NASDAQ: AMWD), a leading supplier of cabinetry to the new construction and remodeling industries, today announced that ...
Timken Recognized by Newsweek as One of America's Greatest Workplaces for Diversity
NORTH CANTON, Ohio , Jan. 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been recognized by Newswee...
Timken to Announce Fourth-Quarter and Full-Year 2023 Financial Results on Feb. 5
NORTH CANTON, Ohio , Jan. 11, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its 2023 fourth-q...
Timken Adds Engineered Sealing Solutions to Portfolio with Lagersmit Acquisition
NORTH CANTON, Ohio , Dec. 21, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has acquired Lagersmit, a Ne...
Timken Recognized by Newsweek as One of America's Most Responsible Companies for Fourth Year in a Row
NORTH CANTON, Ohio , Dec. 6, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been recognized by Newsweek...
Timken to Participate in the Melius Research Conference
NORTH CANTON, Ohio , Nov. 21, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will attend the Melius Researc...
Timken Completes Acquisition of Engineered Solutions Group (iMECH)
NORTH CANTON, Ohio , Nov. 1, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has completed its previously ...
Timken Reports Third-Quarter 2023 Results
Sales of $1.14 billion, up approximately 1 percent from last year Third-quarter earnings per share of $1.23; adjusted EPS of $1.55 Strong cash from operations of $194 million; free cash flow of $151 m...
Timken Announces Divestiture of TWB Bearings Business in China
NORTH CANTON, Ohio , Oct. 26, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today completed the sale of ...
Timken to Acquire Engineered Solutions Group (iMECH), Expanding Engineered Bearings Portfolio
NORTH CANTON, Ohio , Oct. 16, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has reached an agreement to ...
Timken to Announce Third-Quarter 2023 Financial Results on Nov. 1
NORTH CANTON, Ohio , Oct. 13, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its third-quarter...
RTX and Timken Hit the Casualty List
The harsh market climate of August and September has left quite a few stocks selling for what I consider bargain prices.
Timken Expands Linear Motion Offerings with Rosa Sistemi Acquisition
NORTH CANTON, Ohio , Oct. 2, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has acquired Rosa Sistemi S.p....
Timken Releases Annual CSR Report, Provides Update on 2030 Emissions Intensity Target Progress
NORTH CANTON, Ohio , Sept. 28, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today issued its annual corpo...
Timken to Participate in the DA Davidson Diversified Industrials & Services Conference
NORTH CANTON, Ohio , Sept. 8, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will attend the DA Davidson Di...