Timken Steel Corporation has a 5 year average dividend yield of 1.19%
Timken Steel Corporation (NYSE:TMST) rose 1.49% or 0.26 points on Thursday and made its way into the gainers of the day. After trading began at $17.52 the stock was seen hitting $17.76 as a peak level and $17.16 as the lowest level. The stock ended up at $17.72. The daily volume was measured at 557,773 shares. The 52-week high of the share price is $18.63 and the 52-week low is $6.41. The company has a market cap of $784 million. Shares of TimkenSteel Corporation rose by 5.16% in the last five trading days and 17.51% for the last 4 weeks. TimkenSteel Corporation is up 29.91% in the last 3-month period. Year-to-Date the stock performance stands at 14.47%.
Currently the company Insiders own 7.7% of Timken Steel Corporation shares according to the proxy statements. Institutional Investors own 61.62% of Timken Steel Corporation shares. Company has reported several Insider transactions to the SEC, on May 27, 2016, Ward J Jr Timken (CEO) purchased 20,000 shares at 9.00 per share price.On May 12, 2016, Ronald A Rice (director) purchased 5,000 shares at 11.13 per share price.On Aug 25, 2015, Randall H Edwards (director) purchased 3,650 shares at 16.64 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Timkensteel Corp was Downgraded by Macquarie to Underperform on Nov 29, 2016.
Timkensteel Corp Last issued its quarterly earnings results on Feb 16, 2017. The company reported $-1.52 EPS for the quarter, missing the analyst consensus estimate by $ -1.09. Analyst had a consensus of $-0.43. The company had revenue of $214.70 million for the quarter, compared to analysts expectations of $200.79 million. The companys revenue was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.58 EPS.
TimkenSteel Corporation engages in manufacturing alloy steel, as well as carbon and micro-alloy steel. The company provides air-melted alloy steel bars, tubes, and precision components, as well as value-added services, including thermal treatment and machining. Its customers include companies in the market sectors: oil & gas; automotive; industrial equipment; mining; construction; rail; aerospace and defence; heavy truck; agriculture, and power generation. TimkenSteel Corporation is headquartered in Canton, Ohio.