The Timken Company (TKR)

NYSE: TKR · IEX Real-Time Price · USD
78.18
+5.24 (7.18%)
Jun 2, 2023, 4:00 PM EDT - Market closed
7.18%
Market Cap 5.66B
Revenue (ttm) 4.63B
Net Income (ttm) 411.50M
Shares Out 72.40M
EPS (ttm) 5.59
PE Ratio 13.99
Forward PE 11.09
Dividend $1.32 (1.69%)
Ex-Dividend Date May 15, 2023
Volume 691,932
Open 74.45
Previous Close 72.94
Day's Range 74.45 - 78.70
52-Week Range 50.85 - 89.40
Beta 1.54
Analysts Strong Buy
Price Target 90.44 (+15.68%)
Earnings Date Jul 27, 2023

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... [Read more]

Sector Industrials
Founded 1899
Employees 19,000
Stock Exchange NYSE
Ticker Symbol TKR
Full Company Profile

Financial Performance

In 2022, TKR's revenue was $4.50 billion, an increase of 8.80% compared to the previous year's $4.13 billion. Earnings were $407.40 million, an increase of 10.38%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for TKR stock is "Strong Buy." The 12-month stock price forecast is $90.44, which is an increase of 15.68% from the latest price.

Price Target
$90.44
(15.68% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Timken to Participate in the KeyBanc Industrials & Basic Materials Conference

NORTH CANTON, Ohio , May 17, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the KeyBanc...

2 weeks ago - PRNewsWire

Timken Adds to Investments in Renewable Energy Capabilities

Announces new $70 million investment to further expand wind energy manufacturing capabilities, coming online in 2023 NORTH CANTON, Ohio , May 9, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www...

3 weeks ago - PRNewsWire

Timken Increases Quarterly Dividend by 6 Percent

NORTH CANTON, Ohio , May 5, 2023 /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 ...

1 month ago - PRNewsWire
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Timken Reports Record First-Quarter 2023 Results; Raises Full-Year Outlook

Record sales of $1.26 billion, up 12 percent in total and 11 percent organically from last year Record first-quarter EPS of $1.67; with all-time record quarterly adjusted EPS of $2.09 Net income margi...

1 month ago - PRNewsWire

Timken to Participate in Upcoming Investor Conferences

NORTH CANTON, Ohio , April 27, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, announced it will participate...

1 month ago - PRNewsWire

Timken to Announce First-Quarter 2023 Financial Results on May 3

NORTH CANTON, Ohio , April 13, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its first-quarte...

1 month ago - PRNewsWire

Timken Completes Acquisition of Nadella Group

NORTH CANTON, Ohio , April 4, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR;  www.timken.com), a global leader in engineered bearings and industrial motion products, has completed its previously...

2 months ago - PRNewsWire

Timken Recognized by Fortune As One of America's Most Innovative Companies

Company recognized for innovative processes, products and culture NORTH CANTON, Ohio , March 29, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a world leader in engineered beari...

2 months ago - PRNewsWire
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SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Is Investigating The Timken Company for Potential Breaches of Fiduciary Duty By Its Board of Directors

NEW YORK , March 20, 2023 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty clai...

2 months ago - PRNewsWire

Timken Releases 2022 Annual Report, Highlighting Record Performance and Strategy to Scale as a Diversified Industrial Leader

NORTH CANTON, Ohio , March 20, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has issued its 2022 Annual Re...

2 months ago - PRNewsWire

Timken to Participate in the BofA Global Research Global Industrials Conference

NORTH CANTON, Ohio , March 14, 2023 /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® for 12th Time

Awarding organization Ethisphere says companies committed to business integrity elevate standards, have better long-term performance NORTH CANTON, Ohio , March 13, 2023 /PRNewswire/ -- The Timken Comp...

2 months ago - PRNewsWire

Timken Awards $540,000 in Scholarships to Deserving Students Around the Globe

NORTH CANTON, Ohio , March 1, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com) is helping fund the futures of 20 students in pursuit of careers ranging from economics and agricultur...

3 months ago - PRNewsWire
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Timken to Participate in the Evercore ISI Industrial Conference

NORTH CANTON, Ohio , Feb. 28, 2023 /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 to Continue to Provide Main Reduction Gears for U.S. Navy Arleigh Burke DDG-51 Class Ships

NORTH CANTON, Ohio , Feb. 21, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), continues to be a key contributor to the latest generation of United States Navy ships. General Dynam...

3 months ago - PRNewsWire

Timken Recognized by Forbes as One of America's Best Large Employers

NORTH CANTON, Ohio , Feb. 15, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has earned a spot on the Forbe...

3 months ago - PRNewsWire

Timken Declares Quarterly Dividend of 31 Cents Per Share

NORTH CANTON, Ohio , Feb. 10, 2023 /PRNewswire/ -- The board of directors of The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, toda...

4 months ago - PRNewsWire

Timken to Participate in the Citi 2023 Global Industrial Tech and Mobility Conference

NORTH CANTON, Ohio , Feb. 9, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will participate in the Citi 20...

4 months ago - PRNewsWire

Timken Reports Strong Fourth-Quarter and Full-Year 2022 Results

Sales of $1.08 billion in the fourth quarter, up 7 percent in total and 10 percent organically from last year Fourth-quarter EPS of $1.32; adjusted EPS of $1.22 Record full-year 2022 EPS of $5.48; rec...

4 months ago - PRNewsWire

Timken Acquires American Roller Bearing Company

NORTH CANTON, Ohio, Feb. 1, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR;  www.timken.com), a global industrial leader in engineered bearings and industrial motion products, has acquired the as...

4 months ago - PRNewsWire

Timken to Expand Linear Motion Portfolio With the Acquisition of Nadella Group From ICG

NORTH CANTON, Ohio , Jan. 30, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR;  www.timken.com), a global industrial leader in engineered bearings and industrial motion products, has reached an ag...

4 months ago - PRNewsWire

Timken to Announce Fourth-Quarter and Full-Year 2022 Financial Results on Feb. 6

NORTH CANTON, Ohio , Jan. 16, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, will release its 2022 fourth-q...

4 months ago - PRNewsWire

Timken Providing Engineered Bearings for Ford Motor Company's Electric F-150 Lightning

NORTH CANTON, Ohio , Jan. 5, 2023 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, today announced its packaged wh...

5 months ago - PRNewsWire

Timken Earns Spot on Newsweek America's Most Responsible Companies List for Third Straight Year

NORTH CANTON, Ohio , Dec. 7, 2022 /PRNewswire/ -- The Timken Company (NYSE: TKR; www.timken.com), a global leader in engineered bearings and industrial motion products, has been named one of America's...

6 months ago - PRNewsWire

Timken to Participate in the Melius Research Industrials Conference

NORTH CANTON, Ohio , Nov. 22, 2022 /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