Teekay (TK) Expected to Post 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 announce earnings of $0.11 per share and revenue of $295.7560 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 11:00 AM ET.

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

Teekay Trading Up 0.3%

Shares of Teekay stock traded up $0.03 during trading on Tuesday, reaching $11.22. The company’s stock had a trading volume of 94,447 shares, compared to its average volume of 587,694. The stock has a 50-day moving average price of $11.53 and a two-hundred day moving average price of $11.69. The stock has a market capitalization of $973.85 million, a P/E ratio of 7.43 and a beta of 0.22. Teekay has a one year low of $7.11 and a one year high of $14.38.

Teekay Dividend Announcement

The business also recently announced a special dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 26th were given a dividend of $1.00 per share. The ex-dividend date was Tuesday, May 26th.

Analyst Ratings Changes

TK has been the topic of several research analyst reports. Wall Street Zen cut shares of Teekay from a “buy” rating to a “hold” rating in a research note on Saturday, May 23rd. Weiss Ratings cut shares of Teekay from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Teekay has an average rating of “Hold”.

Insider Buying and Selling at Teekay

In other Teekay news, CFO Brody Speers sold 5,500 shares of the company’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $12.15, for a total transaction of $66,825.00. Following the completion of the sale, the chief financial officer owned 3,364 shares in the company, valued at approximately $40,872.60. The trade was a 62.05% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Simon Heidi Locke sold 18,119 shares of the stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $12.37, for a total value of $224,132.03. Following the completion of the transaction, the director directly owned 47,582 shares in the company, valued at approximately $588,589.34. This trade represents a 27.58% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 408,818 shares of company stock valued at $5,014,530. 2.38% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Teekay

Hedge funds have recently added to or reduced their stakes in the stock. Transamerica Financial Advisors LLC raised its holdings in Teekay by 250.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 4,378 shares of the shipping company’s stock worth $40,000 after purchasing an additional 3,130 shares during the period. Zions Bancorporation National Association UT bought a new stake in Teekay during the 4th quarter worth approximately $43,000. Cubist Systematic Strategies LLC acquired a new stake in Teekay during the 1st quarter worth approximately $48,000. Tower Research Capital LLC TRC increased its position in shares of Teekay by 194.8% during the second quarter. Tower Research Capital LLC TRC now owns 7,600 shares of the shipping company’s stock worth $63,000 after acquiring an additional 5,022 shares in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in shares of Teekay by 1,008.8% during the second quarter. Osaic Holdings Inc. now owns 10,456 shares of the shipping company’s stock worth $86,000 after acquiring an additional 9,513 shares during the period. Institutional investors and hedge funds own 46.73% of the company’s stock.

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.