Teekay (NYSE:TK – Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Thursday, October 29th. Analysts expect Teekay to post earnings of $0.09 per share and revenue of $688.05 million for the quarter. Interested persons can check the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.
Teekay (NYSE:TK – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The shipping company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.11 by $0.68. Teekay had a net margin of 15.78% and a return on equity of 7.91%. During the same quarter in the prior year, the business posted $0.22 EPS.
Teekay Stock Performance
TK opened at $14.86 on Tuesday. The stock’s 50 day moving average price is $13.98 and its 200-day moving average price is $12.25. Teekay has a one year low of $8.67 and a one year high of $15.90. The stock has a market cap of $1.29 billion, a price-to-earnings ratio of 7.14 and a beta of 0.33.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on TK. Weiss Ratings upgraded shares of Teekay from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, October 12th. Wall Street Zen upgraded shares of Teekay from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. One equities research analyst has rated the stock with a Buy rating. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
Get Our Latest Stock Analysis on Teekay
Insider Activity at Teekay
In other news, CEO Kenneth Hvid sold 132,884 shares of the firm’s stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $14.28, for a total value of $1,897,583.52. Following the completion of the transaction, the chief executive officer directly owned 105,500 shares in the company, valued at $1,506,540. This trade represents a 55.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Heidi Simon sold 11,585 shares of Teekay stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $14.08, for a total value of $163,116.80. Following the sale, the director directly owned 46,001 shares of the company’s stock, valued at $647,694.08. This trade represents a 20.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 190,257 shares of company stock valued at $2,593,468 over the last three months. 2.38% of the stock is owned by corporate insiders.
Teekay Company Profile
Teekay Corporation (NYSE: TK) is a marine transportation and logistics company focused on the energy industry. Through its interests in affiliated companies, Teekay has been involved in the ownership, operation and management of tankers and other vessels that transport crude oil, refined petroleum products and other energy-related cargoes.
The company’s principal operating exposure is through Teekay Tankers Ltd., which provides seaborne transportation services for crude oil and refined petroleum products.
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