Teekay (TK) to Announce Earnings on Wednesday

Teekay (NYSE:TK) is anticipated to announce its Q2 2026 results after the market closes on Wednesday, July 29th. Analysts expect Teekay to post earnings of $0.11 per share and revenue of $295.7560 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

Teekay (NYSE:TK) last issued its quarterly earnings data on Wednesday, May 13th. The shipping company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.44. Teekay had a net margin of 13.03% and a return on equity of 6.36%. The company had revenue of $285.82 million for the quarter, compared to analysts’ expectations of $285.82 million.

Teekay Price Performance

Shares of TK stock opened at $11.31 on Wednesday. The business’s 50 day simple moving average is $11.70 and its 200 day simple moving average is $11.62. Teekay has a one year low of $7.11 and a one year high of $14.38. The stock has a market capitalization of $981.74 million, a PE ratio of 7.49 and a beta of 0.22.

Teekay Announces Dividend

The business also recently declared a special dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 26th were paid a $1.00 dividend. The ex-dividend date of this dividend was Tuesday, May 26th.

Insider Buying and Selling at Teekay

In other news, CFO Brody Speers sold 5,500 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $12.15, for a total value of $66,825.00. Following the completion of the transaction, the chief financial officer directly owned 3,364 shares of the company’s stock, valued at $40,872.60. This trade represents a 62.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Rudolph Krediet sold 63,042 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $11.80, for a total transaction of $743,895.60. Following the transaction, the director directly owned 35,167 shares of the company’s stock, valued at approximately $414,970.60. This represents a 64.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 408,818 shares of company stock valued at $5,014,530. 2.38% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Teekay

Several hedge funds have recently added to or reduced their stakes in the company. Vestcor Inc bought a new position in shares of Teekay during the 3rd quarter valued at $127,000. Fox Run Management L.L.C. purchased a new position in shares of Teekay during the fourth quarter valued at about $113,000. Kestra Advisory Services LLC bought a new position in Teekay in the fourth quarter worth about $112,000. Aquatic Capital Management LLC bought a new position in Teekay in the third quarter worth about $109,000. Finally, Schonfeld Strategic Advisors LLC bought a new position in Teekay in the third quarter worth about $106,000. Institutional investors own 46.73% of the company’s stock.

Analyst Upgrades and Downgrades

TK has been the topic of a number of recent research reports. Wall Street Zen cut Teekay from a “buy” rating to a “hold” rating in a report on Saturday, May 23rd. Weiss Ratings downgraded shares of Teekay from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Teekay Company Profile

Teekay Corporation (NYSE: TK) is a global provider of marine transportation and offshore production solutions for the energy industry. Founded in 1973 and headquartered in Vancouver, Canada, Teekay designs, owns and operates a diversified fleet of tankers and floating production, storage and offloading (FPSO) units. The company specializes in the movement and storage of crude oil, liquefied natural gas (LNG) and liquefied petroleum gas (LPG), offering integrated services that range from tanker transport to offshore production and marine maintenance.

Teekay’s core business is organized into three operating segments.