How were Tower International's earnings last quarter?

Tower International Inc (NYSE:TOWR) announced its quarterly earnings data on Monday, October, 29th. The auto parts company reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.97 by $0.11. The auto parts company had revenue of $524.57 million for the quarter, compared to analyst estimates of $512.78 million. Tower International had a trailing twelve-month return on equity of 16.92% and a net margin of 0.61%. Tower International's quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.85 earnings per share.

Is Tower International a good dividend stock?

Tower International (NYSE:TOWR) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.68%. The dividend payout ratio is 14.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TOWR will have a dividend payout ratio of 15.52% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TOWR .

What other stocks do shareholders of Tower International own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Tower International investors own include American International Group (AIG) , AutoNation (AN) , Energy Transfer (ET) , SunCoke Energy Partners (SXCP) , Cornerstone Total Return Fund (CRF) , SandRidge Permian Trust (PER) , Aerogrow International (AERO) , CBL & Associates Properties (CBL) , Cornerstone Strategic Value Fund (CLM) and Ford Motor (F) .

NYSE:TOWR

Tower International (TOWR) Stock Price, News & Analysis

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Today's Range: $31.00
▼
$31.00
50-Day Range: $31.00
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$31.00
52-Week Range: $17.15
▼
$31.53

Volume: N/A
Average Volume: 208,637 shs
Market Capitalization: $641.39 million

P/E Ratio: 8.86
Dividend Yield: 1.68%
Price Target: N/A

Stock Analysis

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About Tower International Stock (NYSE:TOWR)

Tower International, Inc. manufactures and sells engineered automotive structural metal components and assemblies primarily for original equipment manufacturers. It operates in two segments, North America and Brazil. The company provides body structures and assemblies, including structural metal components, which comprise body pillars, roof rails, and side sills; and Class A surfaces and assemblies that consist of body sides, hoods, doors, fenders, and pickup truck boxes. It also offers lower vehicle frames and structures, such as pickup truck and sport utility vehicle (SUV) full frames, automotive engine and rear suspension cradles, floor pan components, and cross members. In addition, the company offers complex body-in-white assemblies comprising various components and sub-assemblies. Its products have applications in small and large cars, crossovers, pickups, and SUVs. The company was formerly known as Tower Automotive, LLC and changed its name to Tower International, Inc. in October 2010. Tower International, Inc. was founded in 1993 and is headquartered in Livonia, Michigan.

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TOWR Stock News Headlines

April 17, 2024 | forbes.com

Inside The $150 Million Penthouse At New York’s Central Park Tower

April 17, 2024 | msn.com

Why Modi Towers Over Opponents in India's Elections | Opinion

April 19, 2024 | InvestorPlace (Ad)

New crypto project uncovers 2,050% in 65 days

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April 17, 2024 | msn.com

Chilling clip shows the moment astronaut observed the Twin Towers collapse on 9/11 from space

April 16, 2024 | msn.com

America Movil Q1 results tumble against strong peso, 2023 tower sales

April 16, 2024 | msn.com

UNO Technology plans to develop cabins for ATC towers

April 16, 2024 | bloomberg.com

The Burned Tower of Copenhagen Can Rise Again

April 16, 2024 | msn.com

‘Nightmare’ at Downtown office tower has OH Pizza and Brew looking for new home

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New crypto project uncovers 2,050% in 65 days

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April 13, 2024 | finance.yahoo.com

Remote Towers Market Projected to Reach $1,488.06 million by 2030 - Exclusive Report by 360iResearch

April 12, 2024 | bizjournals.com

Reflection condo tower in downtown St. Pete reaches $65M in sales

April 12, 2024 | msn.com

Construction begins at former Tower Records site in Sacramento. Take a look back in time

April 11, 2024 | bizjournals.com

Nearly 300 apartments planned for 27-story tower in Fort Lauderdale

April 10, 2024 | msn.com

Moses Wetang'ula Announces KSh 9B Bunge Towers is Ready for Occupation after 14 Years

April 10, 2024 | msn.com

Cape Town Foreshore Tower Block site up for auction

April 9, 2024 | reuters.com

Olympic rings to be displayed on Eiffel Tower for Paris Games

April 9, 2024 | msn.com

Former Tower Theatre building in Montrose to be reimagined into trendy retail, restaurant project

April 8, 2024 | bizjournals.com

Report: Pokemon to leave Lincoln Square as it moves into new Bellevue tower

April 7, 2024 | msn.com

Trump Tower sues to dodge cost of Chicago River pollution cleanup: Report

April 5, 2024 | msn.com

Elgin Street office tower slated for housing conversion

April 4, 2024 | finance.yahoo.com

American Tower Plans First Quarter 2024 Earnings Release and Conference Call

April 4, 2024 | msn.com

Southwest Plane Reportedly Came Within 67 Feet of LaGuardia Control Tower During Severe Weather Landing

April 4, 2024 | msn.com

Feds investigating Southwest Airlines flight’s close call with ATC tower at LaGuardia

April 4, 2024 | msn.com

Canadian telecoms setting up mobile cell towers to avoid outages during solar eclipse

April 4, 2024 | msn.com

FAA investigating possible close call between Southwest Airlines jet, air traffic control tower

April 3, 2024 | msn.com

FAA investigating possible close call between Southwest flight and air traffic control tower

April 3, 2024 | bizjournals.com

McCombs, Spurs team up with Hemisfair for sports pavilion at Tower of the Americas

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Company Calendar

Last Earnings: 10/29/2018
Today: 4/19/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Auto/Tires/Trucks
Industry: Motor Vehicle Parts & Accessories
Sub-Industry: Auto Parts & Equipment
Current Symbol: NYSE:TOWR
CUSIP: 89182610
CIK: 1485469
Web: www.towerinternational.com
Phone: 248-675-6000
Fax: N/A
Employees: 5,700
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $3.50
Trailing P/E Ratio: 8.86
Forward P/E Ratio: 13.78
P/E Growth: N/A
Net Income: $48.90 million
Net Margins: 0.61%
Pretax Margin: N/A
Return on Equity: 16.92%
Return on Assets: 4.40%

Debt

Debt-to-Equity Ratio: 1.58
Current Ratio: 1.40
Quick Ratio: 1.16

Sales & Book Value

Annual Sales: $1.57 billion
Price / Sales: 0.41
Cash Flow: $6.22 per share
Price / Cash Flow: 4.98
Book Value: $14.60 per share
Price / Book: 2.12

Miscellaneous

Outstanding Shares: 20,690,000
Free Float: N/A
Market Cap: $641.39 million
Optionable: Optionable
Beta: 2.12

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Key Executives

Mr. James C. Gouin (Age 59)
CEO & Director
Mr. Pär O. H. Malmhagen (Age 56)
Pres
Mr. Jeffrey L. Kersten (Age 51)
Exec. VP & CFO
Ms. Nanette Dudek (Age 53)
VP of Legal Affairs & Compliance and Corp. Sec.
Mr. Mark R. Flynn (Age 54)
Sr. VP of Global HR

Key Competitors

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TOWR Stock Analysis - Frequently Asked Questions

How were Tower International's earnings last quarter?: Tower International Inc (NYSE:TOWR) announced its quarterly earnings data on Monday, October, 29th. The auto parts company reported $1.08 earnings per share for the quarter, topping analysts' consensus estimates of $0.97 by $0.11. The auto parts company had revenue of $524.57 million for the quarter, compared to analyst estimates of $512.78 million. Tower International had a trailing twelve-month return on equity of 16.92% and a net margin of 0.61%. Tower International's quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.85 earnings per share.
Is Tower International a good dividend stock?: Tower International (NYSE:TOWR) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.68%. The dividend payout ratio is 14.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TOWR will have a dividend payout ratio of 15.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TOWR.
What other stocks do shareholders of Tower International own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tower International investors own include American International Group (AIG), AutoNation (AN), Energy Transfer (ET), SunCoke Energy Partners (SXCP), Cornerstone Total Return Fund (CRF), SandRidge Permian Trust (PER), Aerogrow International (AERO), CBL & Associates Properties (CBL), Cornerstone Strategic Value Fund (CLM) and Ford Motor (F).

This page (NYSE:TOWR) was last updated on 4/19/2024 by MarketBeat.com Staff

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Tower International (TOWR) Stock Price, News & Analysis

About Tower International Stock (NYSE:TOWR)

TOWR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

TOWR Stock Analysis - Frequently Asked Questions

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