Towerstream Company Profile (NASDAQ:TWER)

About Towerstream

Towerstream logoTowerstream Corporation is a provider of fixed wireless services to businesses in over 10 urban markets across the United States. The Company operates through Fixed Wireless Services (Fixed Wireless) segment. Its fixed wireless service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. Towerstream installs equipment on the rooftops of the buildings in which the Fixed Wireless segment customers operate and refer to these as Customer Locations. This equipment includes receivers and antennas, and a wireless connection is established between the Customer Location to one or more of its points of presence (PoPs). It provides fixed wireless broadband services to commercial customers and delivers access over a Wireless network transmitting over both regulated and unregulated radio spectrum. It provides services to business customers in various locations, including New York City, Boston, Chicago and Houston.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Diversified Communication Services
  • Sub-Industry: Alternative Carriers
  • Exchange: NASDAQ
  • Symbol: TWER
  • CUSIP: 89200010
Key Metrics:
  • Previous Close: $0.17
  • 50 Day Moving Average: $0.1779
  • 200 Day Moving Average: $0.9366
  • 52-Week Range: $8,830,000.00 - $0.15
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -0.06
  • P/E Growth: 0.0000
  • Market Cap: $1.50M
  • Outstanding Shares: 8,830,000
  • Beta: 1.15
Profitability:
  • Net Margins: -115.28%
  • Return on Equity: -1,151.39%
  • Return on Assets: -50.85%
Debt:
  • Debt-to-Equity Ratio: -5.56%
  • Current Ratio: 2.18%
  • Quick Ratio: 2.18%
Additional Links:
Companies Related to Towerstream:

Analyst Ratings

Consensus Ratings for Towerstream (NASDAQ:TWER) (?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: N/A

Analysts' Ratings History for Towerstream (NASDAQ:TWER)
Show:
DateFirmActionRatingPrice TargetDetails
3/22/2016HC WainwrightReiterated RatingBuyView Rating Details
2/18/2016DA DavidsonDowngradeBuy -> Neutral$2.50 -> $0.25View Rating Details
8/11/2015Rodman & RenshawUpgradeNeutral -> Buy$3.00View Rating Details
5/22/2015Canaccord GenuityReiterated RatingBuy$3.10 -> $2.30View Rating Details
(Data available from 2/27/2015 forward)

Earnings

Earnings History for Towerstream (NASDAQ:TWER)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
3/13/2017        
11/14/2016Q3 2016($1.19)($1.00)ViewN/AView Earnings Details
5/10/2016Q1($0.11)($0.08)ViewListenView Earnings Details
3/15/2016Q4($0.13)($0.60)ViewListenView Earnings Details
11/9/2015Q3($0.14)($0.13)ViewListenView Earnings Details
8/10/2015Q115($0.13)($0.13)$8.27 million$7.85 millionViewListenView Earnings Details
5/11/2015Q1($0.12)($0.13)ViewListenView Earnings Details
3/12/2015Q414($0.10)($0.12)$8.50 million$80.09 millionViewListenView Earnings Details
11/10/2014Q3 14($0.10)($0.09)$8.30 million$8.30 millionViewN/AView Earnings Details
8/11/2014Q214($0.10)($0.10)$8.97 million$8.27 millionViewN/AView Earnings Details
5/12/2014($0.10)($0.10)ViewN/AView Earnings Details
3/17/2014Q413($0.10)($0.10)$8.58 million$8.52 millionViewN/AView Earnings Details
11/12/2013Q3($0.09)($0.09)ViewListenView Earnings Details
8/8/2013Q2 2013($0.10)($0.09)$8.50 million$8.20 millionViewN/AView Earnings Details
5/9/2013Q1 2013($0.11)($0.09)ViewN/AView Earnings Details
11/8/2012Q312($0.09)($0.10)$8.36 million$8.13 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Towerstream (NASDAQ:TWER)
Current Year EPS Consensus Estimate: $-4.8800 EPS
Next Year EPS Consensus Estimate: $-2.7500 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161($0.10)($0.10)($0.10)
Q2 20162($0.12)($0.09)($0.11)
Q3 20162($0.12)($0.08)($0.10)
Q4 20162($0.11)($0.07)($0.09)
Q1 20171($0.07)($0.07)($0.07)
Q2 20171($0.07)($0.07)($0.07)
Q3 20171($0.07)($0.07)($0.07)
Q4 20171($0.06)($0.06)($0.06)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Towerstream (NASDAQ:TWER)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Towerstream (NASDAQ:TWER)
Insider Ownership Percentage: 4.50%
Institutional Ownership Percentage: 13.41%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/22/2015Paul KoehlerDirectorBuy10,000$0.40$4,000.00View SEC Filing  
12/21/2015Howard L. HaronianDirectorBuy15,000$0.37$5,550.00View SEC Filing  
12/10/2015Philip UrsoDirectorBuy8,200$0.40$3,280.00View SEC Filing  
12/9/2015Howard L HaronianDirectorBuy5,000$0.32$1,600.00View SEC Filing  
11/16/2015Jeffrey M. ThompsonCEOSell433,978$0.53$230,008.34View SEC Filing  
9/24/2014Jeffrey M ThompsonCEOSell40,000$1.49$59,600.00View SEC Filing  
9/23/2014Jeffrey M ThompsonCEOSell20,970$1.57$32,922.90View SEC Filing  
4/2/2014Philip UrsoDirectorSell17,000$2.40$40,800.00View SEC Filing  
9/24/2013Philip UrsoDirectorSell8,500$2.47$20,995.00View SEC Filing  
3/27/2013Howard L HaronianDirectorBuy2,000$2.23$4,460.00View SEC Filing  
3/25/2013Howard L HaronianDirectorBuy21,000$2.35$49,350.00View SEC Filing  
1/15/2013Philip UrsoDirectorSell17,000$3.37$57,290.00View SEC Filing  
9/13/2012Jeffrey M ThompsonCEOSell140,309$3.84$538,786.56View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Towerstream (NASDAQ:TWER)
DateHeadline
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vote of Se (NASDAQ:TWER)
biz.yahoo.com - February 10 at 6:17 AM
News IconTraders are Taking a Closer Look at These Shares: Towerstream Corporation (TWER) - Sherwood Daily (NASDAQ:TWER)
sherwooddaily.com - January 31 at 6:14 AM
News IconMarket Rover: Looking at Levels on Shares of Towerstream Corporation (TWER) - Sherwood Daily (NASDAQ:TWER)
sherwooddaily.com - January 27 at 6:26 AM
News IconStreetwise Investors Taking Note of Towerstream Corporation (NASDAQ:TWER) - Prospect Journal (NASDAQ:TWER)
prospectjournal.com - January 27 at 6:26 AM
rttnews.com logoTowerstream Appoints Ernest Ortega As CEO (NASDAQ:TWER)
www.rttnews.com - January 26 at 6:31 AM
News IconTicker Watch: Technical Views on Shares of Towerstream Corporation (TWER) - Sherwood Daily (NASDAQ:TWER)
sherwooddaily.com - January 25 at 8:04 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Change in Directors or Principal Officers, Other Events, Financial Statements an (NASDAQ:TWER)
biz.yahoo.com - January 25 at 8:04 AM
seekingalpha.com logoTowerstream names Ortega new permanent CEO (NASDAQ:TWER)
seekingalpha.com - January 24 at 12:47 PM
News IconTowerstream Corporation (TWER) – Brokers Update Their Views - NewsDen (NASDAQ:TWER)
newsden.net - January 19 at 6:02 AM
News IconShare Focus: Checking the Indicators on Towerstream Corporation (TWER) - Sherwood Daily (NASDAQ:TWER)
sherwooddaily.com - January 19 at 6:02 AM
News IconTowerstream Corporation (OTC:TWER) has Current Market Capitalizaion of $3.11 Million - The Newburgh Press (NASDAQ:TWER)
newburghpress.com - January 11 at 7:44 AM
News IconStock ABR Towerstream Corporation (NASDAQ:TWER) At 1 - Stock Observer (NASDAQ:TWER)
www.thestockobserver.com - January 11 at 7:44 AM
News IconKeen Investors Taking a Look at Towerstream Corporation (NASDAQ:TWER) - Prospect Journal (NASDAQ:TWER)
prospectjournal.com - January 10 at 3:00 AM
marketexclusive.com logoTowerstream Corporation (OTCMKTS:TWER) Files An 8-K Entry into a Material Definitive Agreement - Market Exclusive (NASDAQ:TWER)
marketexclusive.com - January 4 at 7:20 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Amendments to Articles of Inc. or By (NASDAQ:TWER)
biz.yahoo.com - January 4 at 7:20 AM
investornewswire.com logoTowerstream Corporation (NASDAQ:TWER) Records An Impact Score Of 0 - Investor Newswire (NASDAQ:TWER)
www.investornewswire.com - December 31 at 8:06 PM
News IconStock ABR Of Towerstream Corporation (NASDAQ:TWER) At 1 - Stock Observer (NASDAQ:TWER)
www.thestockobserver.com - December 28 at 8:35 AM
News IconBrokers Add To Their Ratings On Towerstream Corporation (TWER) - NewsDen (NASDAQ:TWER)
newsden.net - December 25 at 8:28 AM
marketexclusive.com logoTowerstream Corporation (NASDAQ:TWER) Files An 8-K Unregistered Sales of Equity Securities - Market Exclusive (NASDAQ:TWER)
marketexclusive.com - December 23 at 10:24 PM
marketexclusive.com logoTowerstream Corporation (NASDAQ:TWER) Files An 8-K Unregistered Sales of Equity Securities (NASDAQ:TWER)
marketexclusive.com - December 23 at 2:46 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Unregistered Sale of Equity Securities, Change in Directors or Principal Officer (NASDAQ:TWER)
biz.yahoo.com - December 23 at 2:46 AM
News IconLevels in View for Towerstream Corporation (OTCPK:TWER) - Wall Street Beacon (NASDAQ:TWER)
wsbeacon.com - December 20 at 10:22 PM
News IconWatching the Numbers for Towerstream Corporation (OTCPK:TWER) - Wall Street Beacon (NASDAQ:TWER)
wsbeacon.com - December 18 at 3:29 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders (NASDAQ:TWER)
biz.yahoo.com - December 16 at 6:10 AM
News IconTowerstream Corporation (NASDAQ:TWER) Stock ABR At 1 - Stock Observer (NASDAQ:TWER)
www.thestockobserver.com - December 6 at 7:58 PM
News IconTowerstream Corporation (OTCMKTS:TWER) Is Due A Bounce Post OTC Debut - Insider Financial (NASDAQ:TWER)
www.insiderfinancial.com - December 6 at 7:58 PM
News IconTowerstream Corporation (OTCMKTS:TWER) Slides Down Onto the OTC - The Oracle Dispatch (NASDAQ:TWER)
oracledispatch.com - December 3 at 7:15 PM
News IconChecking on Levels for Towerstream Corporation (NASDAQ:TWER) - Business Daily Leader (NASDAQ:TWER)
businessdailyleader.com - December 3 at 9:44 AM
News Icon5 Year Capital Spending Growth of Towerstream Corporation (NASDAQ:TWER) is reported at 4.11 - The Newburgh Press (NASDAQ:TWER)
newburghpress.com - December 1 at 8:17 PM
istreetwire.com logoMomentum Stocks: Sunoco Logistics Partners L.P. (SXL), Towerstream Corporation (TWER), Nuance Communications ... - iStreetWire (NASDAQ:TWER)
istreetwire.com - December 1 at 8:17 PM
News IconMarket Center: Watching the Levels for Towerstream Corporation (NASDAQ:TWER) - Wall Street Beacon (NASDAQ:TWER)
wsbeacon.com - December 1 at 8:17 PM
News IconStocks to Watch For: First Bancorp (NYSE:FBP), Towerstream Corporation (NASDAQ:TWER) - The Newburgh Press (NASDAQ:TWER)
newburghpress.com - December 1 at 8:17 PM
News IconOTC Markets Group Welcomes Newly Verified OTCQB Companies – December 1 (NASDAQ:TWER)
www.otcmarkets.com - December 1 at 8:38 AM
marketexclusive.com logoTowerstream Corporation (NASDAQ:TWER) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing (NASDAQ:TWER)
marketexclusive.com - November 30 at 10:09 AM
finance.yahoo.com logoTowerstream Initiates Move to Trade on OTCQB (NASDAQ:TWER)
finance.yahoo.com - November 30 at 10:09 AM
News IconTowerstream Corporation (NASDAQ:TWER) Quarterly Sales Review - The Newburgh Press (NASDAQ:TWER)
newburghpress.com - November 29 at 12:15 PM
News IconVodafone, Towerstream Slide into Monday’s 52-Week Low Club (NASDAQ:TWER)
feedproxy.google.com - November 28 at 5:18 PM
News IconStock Value Diminishing over Past Month: Towerstream Corporation (NASDAQ:TWER) - CSZ News (NASDAQ:TWER)
cincysportszone.com - November 26 at 8:40 AM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits (NASDAQ:TWER)
biz.yahoo.com - November 25 at 7:48 PM
News Icon5 Year Earning Growth of Towerstream Corporation (NASDAQ:TWER) is reported at 0 - The Newburgh Press (NASDAQ:TWER)
newburghpress.com - November 24 at 7:56 PM
News IconStock Review: ADX, MA, RSI Numbers in View for Towerstream Corporation (TWER) - MicroCap Wired (NASDAQ:TWER)
www.microcapwired.com - November 24 at 11:26 AM
News IconWonder Stock Alert: Investors Curious About Towerstream Corporation (NASDAQ:TWER) - Duncan Research (NASDAQ:TWER)
www.duncanindependent.com - November 23 at 11:28 AM
News IconTechnicals Take Center Stage for Towerstream Corporation (TWER) - MicroCap Wired (NASDAQ:TWER)
www.microcapwired.com - November 23 at 11:28 AM
marketexclusive.com logoTowerstream Corporation (NASDAQ:TWER) Files An 8-K Regulation FD Disclosure (NASDAQ:TWER)
marketexclusive.com - November 22 at 8:11 PM
finance.yahoo.com logoTOWERSTREAM CORP Financials (NASDAQ:TWER)
finance.yahoo.com - November 22 at 8:11 PM
biz.yahoo.com logoTOWERSTREAM CORP Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NASDAQ:TWER)
biz.yahoo.com - November 22 at 8:11 PM
News IconTechnical Investor Update on Shares of Towerstream Corporation (TWER) - MicroCap Wired (NASDAQ:TWER)
www.microcapwired.com - November 21 at 8:36 PM
News IconMarket Review: Indicator Watch for Towerstream Corporation (TWER) - MicroCap Wired (NASDAQ:TWER)
www.microcapwired.com - November 19 at 7:53 PM
News IconPenny Stock Focus: Narrowing the Lens On Towerstream Corporation (NASDAQ:TWER) - Duncan Research (NASDAQ:TWER)
www.duncanindependent.com - November 19 at 10:30 AM
capitalcube.com logoTowerstream Corp. :TWER-US: Earnings Analysis: Q3, 2016 By the Numbers : November 18, 2016 (NASDAQ:TWER)
www.capitalcube.com - November 18 at 7:40 PM

Social

What is Towerstream's stock symbol?

Towerstream trades on the NASDAQ under the ticker symbol "TWER."

When will Towerstream announce their earnings?

Towerstream is scheduled to release their next quarterly earnings announcement on Monday, March, 13th 2017.

How do I buy Towerstream stock?

Shares of Towerstream can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Towerstream stock cost?

One share of Towerstream stock can currently be purchased for approximately $0.17.

Towerstream (NASDAQ:TWER) Chart for Monday, February, 27, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Towerstream (NASDAQ:TWER)

Earnings History Chart

Earnings by Quarter for Towerstream (NASDAQ:TWER)

Dividend History Chart

Dividend Payments by Quarter for Towerstream (NASDAQ:TWER)

Last Updated on 2/27/2017 by MarketBeat.com Staff