The Timken Company (TKR)

NYSE: TKR · IEX Real-Time Price · USD
58.66
0.87 (1.51%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap4.35B
Revenue (ttm)4.23B
Net Income (ttm)374.00M
Shares Out74.13M
EPS (ttm)4.87
PE Ratio12.04
Forward PE12.09
Dividend$1.21 (2.06%)
Ex-Dividend DateMay 13, 2022
Volume492,714
Open57.36
Previous Close57.79
Day's Range57.36 - 59.11
52-Week Range55.32 - 89.98
Beta1.56
AnalystsBuy
Price Target75.68 (+29.0%)
Earnings DateMay 2, 2022

About TKR

The Timken Company designs, manufactures, and manages engineered bearings and power transmission products worldwide. It operates in two segments, Mobile Industries and Process Industries. The Mobile Industries segment offers a portfolio of bearings, seals, and lubrication devices and systems, as well as power transmission components, engineered chains, augers, belts, couplings, clutches, brakes, and related products and maintenance services to original equipment manufacturers (OEMs) and end-users of off-highway equipment for the agricultural, c...

IndustryMachinery
Founded1899
CEOWard Timken
Employees18,000
Stock ExchangeNYSE
Ticker SymbolTKR
Full Company Profile

Financial Performance

In 2021, TKR's revenue was $4.13 billion, an increase of 17.64% compared to the previous year's $3.51 billion. Earnings were $369.10 million, an increase of 29.74%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for TKR stock is "Buy." The 12-month stock price forecast is 75.68, which is an increase of 29.01% from the latest price.

Price Target
$75.68
(29.01% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Timken to Participate in the KeyBanc Industrials & Basic Materials Conference

NORTH CANTON, Ohio , May 18, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will participate in t...

1 week ago - PRNewsWire

Timken Declares 400th Consecutive Quarterly Dividend

Company Increases Quarterly Dividend to 31 Cents Per Share; Joins Short List of Companies to Achieve 100-Year Milestone NORTH CANTON, Ohio , May 6, 2022 /PRNewswire/ -- The board of directors of The Tim...

2 weeks ago - PRNewsWire

Timken (TKR) Earnings & Sales Surpass Estimates in Q1, Up Y/Y

Timken (TKR) Q1 top line gains on strong growth across most end-market markets, driven by industrial distribution and off-highway as well as higher pricing.

3 weeks ago - Zacks Investment Research

Timken Beats Q1 Street Expectation; Lowers FY22 Revenue Guidance

Timken Co (NYSE: TKR) reported first-quarter FY22 sales growth of 9.7% year-over-year to $1.124 billion, beating the consensus of $1.11 billion. The increase was driven by growth across most end-market ...

3 weeks ago - Benzinga

Timken (TKR) Beats Q1 Earnings and Revenue Estimates

Timken (TKR) delivered earnings and revenue surprises of 40% and 0.76%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

3 weeks ago - Zacks Investment Research

Timken Reports Record First-Quarter 2022 Results

Record sales of $1.125 billion, up approximately 10 percent from last year Record first-quarter earnings per diluted share of $1.56 on a GAAP basis, with all-time record quarterly adjusted EPS of $1.61 ...

3 weeks ago - PRNewsWire

Timken to Acquire Spinea, Expanding Its Robotics and Automation Offering in Attractive and Growing End Market Sectors

NORTH CANTON, Ohio , April 29, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR;  www.timken.com ), a global industrial leader in engineered bearings and power transmission products, has reached an ag...

3 weeks ago - PRNewsWire

Earnings Preview: Timken (TKR) Q1 Earnings Expected to Decline

Timken (TKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 month ago - Zacks Investment Research

Over 19 Years, Old Faithful Has Averaged a 21% Return

Here are some new stocks to consider, spawned by my Old Faithful stock-picking paradigm.

1 month ago - GuruFocus

Timken to Participate in the Oppenheimer Industrial Growth Conference

NORTH CANTON, Ohio , April 20, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will virtually attend the Oppen...

1 month ago - PRNewsWire

Timken to Announce First-Quarter 2022 Financial Results on May 2

NORTH CANTON, Ohio , April 13, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its fi...

1 month ago - PRNewsWire

Timken Prices $350 Million Senior Notes Due in 2032

NORTH CANTON, Ohio, March 22, 2022 NORTH CANTON, Ohio, March 22, 2022 — The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products,...

2 months ago - PRNewsWire

Timken Issues 2021 Annual Report, Detailing Company's Resilience, Record Results, Commitment to Social Responsibility...

NORTH CANTON, Ohio , March 18, 2022  /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, has released its 2...

2 months ago - PRNewsWire

Timken to Participate in the BofA Global Research Global Industrials Conference

NORTH CANTON, Ohio, March 3, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered bearings and power transmission products, will present virtually at the Bof...

2 months ago - PRNewsWire

Timken Awards $540,000 in Scholarships to Next Generation of Engineers, Healthcare Professionals and Business Leaders

NORTH CANTON, Ohio, Feb. 22, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) is helping fund the futures of 20 students in pursuit of careers ranging from medicine and engineering to...

3 months ago - PRNewsWire

Timken (TKR) Secures Contract for Al Dhafra Facility, Abu Dhabi

Timken (TKR) wins a contract to provide high-precision drives for the Al Dhafra site's solar panels, which will help it expand in the renewable energy market.

3 months ago - Zacks Investment Research

Evercore ISI Upgrades Timken & Downgrades Oshkosh - Read Why

Evercore ISI analyst David Raso upgraded Timken Co (NYSE: TKR) to Outperform from In-Line and raised the price target to $78 (an upside of 12.9%), from $76. Raso downgraded Oshkosh Corp (NYSE: OSK) from...

Other symbols:OSK
3 months ago - Benzinga

Timken Wins Contract as Sole Provider of High-Precision Drives for World's Largest Solar Power Plant

NORTH CANTON, Ohio, Feb. 15, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, is providing high-pre...

3 months ago - PRNewsWire

Timken Declares Quarterly Dividend of 30 Cents Per Share

NORTH CANTON, Ohio, Feb. 11, 2022 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission produ...

3 months ago - PRNewsWire

Timken to Participate in the Citi 2022 Global Industrial Tech and Mobility Conference

NORTH CANTON, Ohio, Feb. 9, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will participate in th...

3 months ago - PRNewsWire

Timken (TKR) Earnings Miss, Revenues Beat Estimates in Q4

Timken (TKR) Q4 top-line gain on strong organic growth across most end-market markets, driven by industrial distribution and off-highway as well as higher pricing.

3 months ago - Zacks Investment Research

Timken (TKR) Q4 Earnings Lag Estimates

Timken (TKR) delivered earnings and revenue surprises of -15.22% and 2.54%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Timken Reports Fourth-Quarter and Full-Year 2021 Results

NORTH CANTON, Ohio, Feb. 3, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, today reported fourth-...

3 months ago - PRNewsWire

Timken (TKR) Reports Next Week: Wall Street Expects Earnings Growth

Timken (TKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Timken to Announce Fourth-Quarter and Full-Year 2021 Financial Results on Feb. 3

NORTH CANTON, Ohio, Jan. 14, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global industrial leader in engineered bearings and power transmission products, will release its 2021...

4 months ago - PRNewsWire