The Timken Company (TKR)

NYSE: TKR · IEX Real-Time Price · USD
87.95
-2.45 (-2.71%)
May 23, 2024, 4:00 PM EDT - Market closed
-2.71%
Market Cap 6.19B
Revenue (ttm) 4.70B
Net Income (ttm) 375.30M
Shares Out 70.41M
EPS (ttm) 5.26
PE Ratio 16.72
Forward PE 13.94
Dividend $1.36 (1.55%)
Ex-Dividend Date May 13, 2024
Volume 601,236
Open 90.94
Previous Close 90.40
Day's Range 86.88 - 90.94
52-Week Range 65.71 - 95.08
Beta 1.51
Analysts Buy
Price Target 87.91 (-0.05%)
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]

Sector Industrials
Founded 1899
Employees 19,602
Stock Exchange NYSE
Ticker Symbol TKR
Full Company Profile

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 Statements

Analyst Forecast

According to 11 analysts, the average rating for TKR stock is "Buy." The 12-month stock price forecast is $87.91, which is a decrease of -0.05% from the latest price.

Price Target
$87.91
(-0.05% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Timken Prices €600 Million Senior Notes Due in 2034

NORTH CANTON, Ohio , May 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR), a global technology leader in engineered bearings and industrial motion, today announced the pricing of €600 million a...

7 days ago - PRNewsWire

Timken to Participate in the KeyBanc Industrials & Basic Materials Conference

NORTH CANTON, Ohio , May 16, 2024 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, will participate in the KeyBa...

8 days ago - PRNewsWire

Timken Raises Quarterly Dividend to 34 Cents Per Share, Marking 11 Years of Increases

NORTH CANTON, Ohio , May 3, 2024 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global technology leader in engineered bearings and industrial motion, toda...

21 days ago - PRNewsWire

Timken Reports First-Quarter 2024 Results; Raises Full-Year Outlook

Sales of $1.19 billion, down 5.7 percent from last year First-quarter earnings per share of $1.46; adjusted EPS of $1.77 Strong margin performance in the quarter, with net income margin of 8.7 percent...

24 days ago - PRNewsWire

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...

5 weeks ago - PRNewsWire

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...

6 weeks ago - PRNewsWire

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, ...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

2 months ago - PRNewsWire

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:...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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 ...

Other symbols: AMWD
4 months ago - Business Wire

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...

4 months ago - PRNewsWire

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...

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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 ...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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 ...

7 months ago - PRNewsWire

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 ...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire