Tower International Company Profile (NYSE:TOWR)

About Tower International

Tower International logoTower International, Inc. is a global manufacturer of engineered automotive structural metal components and assemblies primarily serving original equipment manufacturers (OEMs). The Company operates in two segments: Americas and International. The International segment consists of Europe and Asia, and the Americas segment consists of North America and South America. The Company offers its automotive customers a product portfolio, supplying body-structure stampings, frame and other chassis structures, and complex welded assemblies for small and large cars, crossovers, pickups and sport utility vehicles (SUVs). The Company's products are manufactured at approximately 30 facilities, located in North America, Europe, Brazil and China. The Company supports its manufacturing operations through approximately seven engineering and sales locations around the world. It produces a range of structural components and assemblies.

Industry, Sector and Symbol:
  • Sector: Auto/Tires/Trucks
  • Industry: Auto Parts
  • Sub-Industry: Auto Parts & Equipment
  • Exchange: NYSE
  • Symbol: TOWR
  • CUSIP: 89182610
Key Metrics:
  • Previous Close: $28.15
  • 50 Day Moving Average: $26.75
  • 200 Day Moving Average: $25.15
  • 52-Week Range: $18.75 - $29.05
  • Trailing P/E Ratio: 15.26
  • Foreward P/E Ratio: 7.08
  • P/E Growth: 0.80
  • Market Cap: $564.57M
  • Outstanding Shares: 20,345,000
  • Beta: 1.94
Profitability:
  • Net Margins: 8.48%
  • Return on Equity: 148.27%
  • Return on Assets: 25.56%
Debt:
  • Debt-to-Equity Ratio: 1.93%
  • Current Ratio: 1.24%
  • Quick Ratio: 1.08%
Additional Links:
Companies Related to Tower International:

Analyst Ratings

Consensus Ratings for Tower International (NYSE:TOWR) (?)
Ratings Breakdown: 3 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $31.40 (11.94% upside)

Analysts' Ratings History for Tower International (NYSE:TOWR)
Show:
DateFirmActionRatingPrice TargetDetails
2/15/2017Citigroup Inc.DowngradeBuy -> Neutral$29.00 -> $30.00View Rating Details
2/15/2017FBR & CoReiterated RatingOutperform$40.00View Rating Details
11/3/2016J P Morgan Chase & CoReiterated RatingHold$28.00View Rating Details
8/9/2016Seaport Global SecuritiesInitiated CoverageBuy$35.00View Rating Details
7/18/2016Wells Fargo & CompanyReiterated RatingHold$24.00View Rating Details
7/1/2015Sterne Agee CRTInitiated CoverageBuy$34.00View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Tower International (NYSE:TOWR)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
2/14/2017Q416$0.96$1.02$465.15 million$462.30 millionViewListenView Earnings Details
11/2/2016Q316$0.80$0.90$468.20 million$457.00 millionViewListenView Earnings Details
7/26/2016Q216$0.71$0.81$504.70 million$505.10 millionViewListenView Earnings Details
4/28/2016Q116$0.56$0.63$506.98 million$511.00 millionViewListenView Earnings Details
2/11/2016Q415$0.63$0.67$489.30 million$494.00 millionViewListenView Earnings Details
10/30/2015Q315$0.64$0.67$489.16 million$475.20 millionViewListenView Earnings Details
7/30/2015Q215$0.98$1.05$497.82 million$490.30 millionViewListenView Earnings Details
5/7/2015Q115$0.61$0.82$509.01 million$497.00 millionViewListenView Earnings Details
2/12/2015Q414$0.72$0.84$525.86 million$534.00 millionViewListenView Earnings Details
10/30/2014Q314$0.57$0.73$524.50 million$523.00 millionViewListenView Earnings Details
7/31/2014Q214$0.81$0.93$571.83 million$576.57 millionViewListenView Earnings Details
4/30/2014Q114$0.65$0.72$550.30 million$548.00 millionViewListenView Earnings Details
2/13/2014Q413$0.44$0.45$516.67 million$517.00 millionViewListenView Earnings Details
10/30/2013Q313$0.26$0.48$506.23 million$495.00 millionViewListenView Earnings Details
7/22/2013Q2 2013$0.60$1.03$552.19 million$556.00 millionViewListenView Earnings Details
5/2/2013Q1 2013$0.03$0.32$519.81 million$534.00 millionViewListenView Earnings Details
2/15/2013Q4 2012($0.11)$0.05$497.85 million$508.00 millionViewListenView Earnings Details
11/1/2012Q312($0.21)($0.18)$557.01 million$564.00 millionViewN/AView Earnings Details
8/7/2012$0.49$0.84ViewN/AView Earnings Details
5/3/2012$0.06$0.23ViewN/AView Earnings Details
2/16/2012$0.11$0.33ViewN/AView Earnings Details
11/3/2011($0.13)$0.03ViewN/AView Earnings Details
8/4/2011$0.05$0.07ViewN/AView Earnings Details
2/18/2011($0.26)($1.18)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Tower International (NYSE:TOWR)
Current Year EPS Consensus Estimate: $3.56 EPS
Next Year EPS Consensus Estimate: $3.96 EPS

Dividends

Current Dividend Information for Tower International (NYSE:TOWR)
Annual Dividend:$0.44
Dividend Yield:1.57%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:5.66% (Based on Trailing 12 Months of Earnings)
12.36% (Based on Current Year Consensus EPS Estimate)
11.11% (Based on Next Year Consensus EPS Estimate)

Dividend History for Tower International (NYSE:TOWR)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/27/2017quarterly$0.111.69%2/8/20172/10/20172/28/2017
10/21/2016quarterly$0.111.93%11/8/201611/10/201612/9/2016
7/22/2016quarterly$0.101.81%8/8/20168/10/20169/9/2016
4/22/2016quarterly$0.101.46%5/6/20165/10/20166/10/2016
1/29/2016quarterly$0.102/8/20162/10/20162/29/2016
10/16/2015quarterly$0.1011/6/201511/10/201512/10/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Tower International (NYSE:TOWR)
Insider Ownership Percentage: 6.00%
Institutional Ownership Percentage: 89.13%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/17/2017Michael RajkovicCOOSell60,000$28.07$1,684,200.00View SEC Filing  
6/28/2016James C GouinCFOBuy2,500$19.66$49,150.00View SEC Filing  
6/28/2016Thomas K BrownDirectorBuy6,390$19.70$125,883.00View SEC Filing  
5/25/2016Nicholas D ChabrajaDirectorBuy4,000$21.03$84,120.00View SEC Filing  
8/18/2014James BernardInsiderSell18,218$34.09$621,051.62View SEC Filing  
6/9/2014Paer MalmhagenInsiderSell5,161$32.96$170,106.56View SEC Filing  
6/5/2014Paul Eugene RadkoskiSVPSell24,717$31.03$766,968.51View SEC Filing  
5/28/2014William CookSVPSell29,205$30.80$899,514.00View SEC Filing  
5/9/2014Paul Eugene RadkoskiSVPSell4,332$27.80$120,429.60View SEC Filing  
5/2/2014James BernardInsiderSell22,543$28.52$642,926.36View SEC Filing  
2/18/2014Jeffrey KerstenSVPSell10,000$25.00$250,000.00View SEC Filing  
11/8/2013Stephen Feinbergmajor shareholderSell3,450,000$20.10$69,345,000.00View SEC Filing  
9/9/2013William CookSVPSell15,058$21.50$323,747.00View SEC Filing  
9/5/2013James C GouinCFOSell10,600$21.50$227,900.00View SEC Filing  
8/26/2013James GouinCFOSell14,400$21.50$309,600.00View SEC Filing  
8/14/2013James GouinCFOSell36,000$21.57$776,520.00View SEC Filing  
8/12/2013James GouinCFOSell14,000$21.57$301,980.00View SEC Filing  
8/2/2013James BernardInsiderSell11,608$22.50$261,180.00View SEC Filing  
8/2/2013Michael RajkovicCOOSell85,535$22.11$1,891,178.85View SEC Filing  
7/30/2013Stephen FeinbergMajor ShareholderSell7,888,122$20.24$159,655,589.28View SEC Filing  
7/26/2013James BernardInsiderSell3,513$21.00$73,773.00View SEC Filing  
6/7/2013Jeffrey L KerstenSVPSell4,000$19.00$76,000.00View SEC Filing  
6/7/2013Paer MalmhagenInsiderSell5,760$19.01$109,497.60View SEC Filing  
6/4/2013Michael RajkovicCOOSell149,194$18.65$2,782,468.10View SEC Filing  
5/31/2013Jeffrey L KerstenSVPSell14,517$19.08$276,984.36View SEC Filing  
5/30/2013Paul Eugene RadkoskiSVPSell38,079$18.87$718,550.73View SEC Filing  
9/17/2012Nicholas D ChabrajaDirectorBuy2,000$8.01$16,020.00View SEC Filing  
9/6/2012Mark MalcolmCEOBuy74,451$7.18$534,558.18View SEC Filing  
8/15/2012Frank E Jr. EnglishDirectorBuy1,000$8.45$8,450.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Tower International (NYSE:TOWR)
DateHeadline
moodys.com logoTower Automotive Holdings USA, LLC -- Moody's assigns B1 rating to Tower Automotive's new term loan (NYSE:TOWR)
www.moodys.com - February 22 at 10:23 AM
us.rd.yahoo.com logoTower Intl downgraded by Citigroup (NYSE:TOWR)
us.rd.yahoo.com - February 16 at 8:09 PM
capitalcube.com logoTower International, Inc. (Michigan) :TOWR-US: Earnings Analysis: Q4, 2016 By the Numbers : February 15, 2017 (NYSE:TOWR)
www.capitalcube.com - February 16 at 8:09 PM
capitalcube.com logoTower International, Inc. (Michigan) :TOWR-US: Earnings Analysis: Q4, 2016 By the Numbers : February 15, 2017 (NYSE:TOWR)
www.capitalcube.com - February 16 at 8:09 PM
finance.yahoo.com logoEdited Transcript of TOWR earnings conference call or presentation 14-Feb-17 4:00pm GMT (NYSE:TOWR)
finance.yahoo.com - February 16 at 8:09 PM
finance.yahoo.com logoEdited Transcript of TOWR earnings conference call or presentation 14-Feb-17 4:00pm GMT (NYSE:TOWR)
finance.yahoo.com - February 16 at 8:09 PM
capitalcube.com logoTower International, Inc. (Michigan) :TOWR-US: Earnings Analysis: 2016 By the Numbers : February 16, 2017 (NYSE:TOWR)
www.capitalcube.com - February 16 at 8:09 PM
capitalcube.com logoTower International, Inc. (Michigan) :TOWR-US: Earnings Analysis: 2016 By the Numbers : February 16, 2017 (NYSE:TOWR)
www.capitalcube.com - February 16 at 8:09 PM
biz.yahoo.com logoQ4 2016 Tower International Inc Earnings Release - Before Market Open (NYSE:TOWR)
us.rd.yahoo.com - February 15 at 6:32 AM
sg.finance.yahoo.com logoTower beats 4Q profit forecasts (NYSE:TOWR)
us.rd.yahoo.com - February 15 at 6:32 AM
finance.yahoo.com logoTower International to Announce Fourth Quarter 2016 Financial Results (NYSE:TOWR)
finance.yahoo.com - February 3 at 6:18 AM
News IconTower International INC (TOWR) Shareholder Deroy & Devereaux Private Investment Counsel INC Has Cut Holding (NYSE:TOWR)
randolphguide.com - February 1 at 6:59 AM
us.rd.yahoo.com logo8:31 am Tower Intl appoints Pr Malmhagen as President effective immediately (NYSE:TOWR)
us.rd.yahoo.com - January 21 at 8:02 PM
finance.yahoo.com logoTower International Announces Natural Transition to Leaner Leadership Structure (NYSE:TOWR)
finance.yahoo.com - January 21 at 3:52 AM
capitalcube.com logoETFs with exposure to Tower International, Inc. (Michigan) : January 17, 2017 (NYSE:TOWR)
www.capitalcube.com - January 18 at 2:35 AM
capitalcube.com logoTower International, Inc. (Michigan) breached its 50 day moving average in a Bearish Manner : TOWR-US : January 13, 2017 (NYSE:TOWR)
www.capitalcube.com - January 14 at 6:38 AM
capitalcube.com logoTower International, Inc. (Michigan) : TOWR-US: Dividend Analysis : November 10th, 2016 (record date) : By the numbers : January 10, 2017 (NYSE:TOWR)
www.capitalcube.com - January 11 at 6:52 AM
News IconHow To YieldBoost Tower International To 12.4% Using Options (NYSE:TOWR)
www.stockoptionschannel.com - December 15 at 6:46 AM
finance.yahoo.com logoEdited Transcript of TOWR earnings conference call or presentation 2-Nov-16 3:00pm GMT (NYSE:TOWR)
finance.yahoo.com - November 21 at 8:29 PM
capitalcube.com logoTower International, Inc. (Michigan) breached its 50 day moving average in a Bullish Manner : TOWR-US : November 8, 2016 (NYSE:TOWR)
www.capitalcube.com - November 8 at 12:25 PM
capitalcube.com logoETF’s with exposure to Tower International, Inc. (Michigan) : November 4, 2016 (NYSE:TOWR)
www.capitalcube.com - November 4 at 7:33 PM
capitalcube.com logoTower International, Inc. (Michigan) :TOWR-US: Earnings Analysis: Q3, 2016 By the Numbers : November 3, 2016 (NYSE:TOWR)
www.capitalcube.com - November 3 at 12:17 PM
nasdaq.com logoTower International Sees FY Adj. EPS Above View (NYSE:TOWR)
www.nasdaq.com - November 2 at 8:24 PM
finance.yahoo.com logoTower beats 3Q profit forecasts (NYSE:TOWR)
finance.yahoo.com - November 2 at 11:42 AM
News IconTower International reports third quarter results (NYSE:TOWR)
www.automotiveworld.com - November 2 at 11:42 AM
nasdaq.com logoTower International, Inc. Reveals 31% Rise In Q3 Bottom Line (NYSE:TOWR)
www.nasdaq.com - November 2 at 11:42 AM
publicnow.com logoTower International Increases Dividend by 10% (NYSE:TOWR)
www.publicnow.com - October 21 at 7:44 PM
publicnow.com logoTower International to Announce Third Quarter 2016 Financial Results (NYSE:TOWR)
www.publicnow.com - October 19 at 7:21 PM
capitalcube.com logoTower International, Inc. (Michigan) : TOWR-US: Dividend Analysis : August 10th, 2016 (record date) : By the numbers : October 12, 2016 (NYSE:TOWR)
www.capitalcube.com - October 12 at 7:44 PM
capitalcube.com logoTower International, Inc. (Michigan) breached its 50 day moving average in a Bearish Manner : TOWR-US : October 12, 2016 (NYSE:TOWR)
www.capitalcube.com - October 12 at 10:31 AM
finance.yahoo.com logoZacks Investment Ideas feature highlights: Chemours, Party City Holdco and Tower International (NYSE:TOWR)
finance.yahoo.com - September 15 at 11:28 AM
finance.yahoo.com logoZacks.com featured highlights: Tower International, Ternium, ARRIS International and Korea Electric Power (NYSE:TOWR)
finance.yahoo.com - September 15 at 11:28 AM
finance.yahoo.com logo5 Stocks with Impressive Price-to-Book Ratio (NYSE:TOWR)
finance.yahoo.com - September 13 at 9:23 AM
rttnews.com logoTower International Names James Gouis President, To Succeed Malcolm As CEO (NYSE:TOWR)
www.rttnews.com - September 1 at 10:58 AM
publicnow.com logoTower International Announces Orderly Leadership Succession Plan (NYSE:TOWR)
www.publicnow.com - September 1 at 10:58 AM
capitalcube.com logoETF’s with exposure to Tower International, Inc. (Michigan) : September 1, 2016 (NYSE:TOWR)
www.capitalcube.com - September 1 at 10:58 AM
nasdaq.com logoStrong Insider Buying Found in the Underlying Holdings of NFO (NYSE:TOWR)
www.nasdaq.com - August 23 at 7:59 PM
capitalcube.com logoTower International, Inc. (Michigan) :TOWR-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:TOWR)
www.capitalcube.com - August 10 at 8:29 PM
biz.yahoo.com logoTOWER INTERNATIONAL, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Regulation FD Disclosure (NYSE:TOWR)
biz.yahoo.com - August 4 at 8:21 PM
cnbc.com logoTower reports 2Q loss (NYSE:TOWR)
www.cnbc.com - July 27 at 10:59 AM
nasdaq.com logoTower International Q2 Profit From Cont. Ops. Declines - Quick Facts (NYSE:TOWR)
www.nasdaq.com - July 27 at 10:59 AM
News IconTower International reports good second quarter and favorable outlook (NYSE:TOWR)
www.automotiveworld.com - July 27 at 10:59 AM
rttnews.com logoEARNINGS SUMMARY: Details of Tower International, Inc. Q2 Earnings Report (NYSE:TOWR)
www.rttnews.com - July 27 at 10:59 AM
finance.yahoo.com logoEdited Transcript of TOWR earnings conference call or presentation 26-Jul-16 2:00pm GMT (NYSE:TOWR)
finance.yahoo.com - July 26 at 4:17 PM
finance.yahoo.com logoAuto Parts Stocks' Q2 Earnings on Jul 26: ACW, TOWR, WNC (NYSE:TOWR)
finance.yahoo.com - July 25 at 8:38 AM
finance.yahoo.com logoShould You Sell Tower International (TOWR) Before Earnings? (NYSE:TOWR)
finance.yahoo.com - July 22 at 8:33 AM
4-traders.com logoTower : to Announce Second Quarter 2016 Financial Results (NYSE:TOWR)
www.4-traders.com - July 20 at 10:45 AM
News IconTower International to Announce Second Quarter 2016 Financial Results. South Carolina SC (NYSE:TOWR)
www.southcarolinasc.com - July 20 at 10:45 AM
capitalcube.com logoETF’s with exposure to Tower International, Inc. (Michigan) : July 19, 2016 (NYSE:TOWR)
www.capitalcube.com - July 19 at 1:15 PM
finance.yahoo.com logoTower International to Announce Second Quarter 2016 Financial Results (NYSE:TOWR)
finance.yahoo.com - July 18 at 5:30 PM

Social

What is Tower International's stock symbol?

Tower International trades on the New York Stock Exchange (NYSE) under the ticker symbol "TOWR."

How often does Tower International pay dividends? What is the dividend yield for Tower International?

Tower International declared a quarterly dividend on Friday, January 27th. Investors of record on Friday, February 10th will be given a dividend of $0.11 per share on Tuesday, February 28th. This represents a $0.44 dividend on an annualized basis and a yield of 1.57%. The ex-dividend date of this dividend is Wednesday, February 8th.

Where is Tower International's stock going? Where will Tower International's stock price be in 2017?

5 equities research analysts have issued 12-month price objectives for Tower International's shares. Their predictions range from $24.00 to $40.00. On average, they expect Tower International's stock price to reach $31.40 in the next twelve months.

When will Tower International announce their earnings?

Tower International is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

What are analysts saying about Tower International stock?

Here are some recent quotes from research analysts about Tower International stock:

  • According to Zacks Investment Research, "TA Delaware, Inc. is engaged in the manufacture of engineered structural metal components and assemblies primarily serving automotive original equipment manufacturers. It offers its automotive customers body-structure stampings, frame and other chassis structures, as well as complex welded assemblies, for small and large cars, crossovers, pickups and SUVs. Its manufacturing operations consist primarily of stamping and welding operations, system and modular assembly operations, coating, and other ancillary operations. The Company uses various grades and thicknesses of steel and aluminum; including high-strength, hot- and cold-rolled, galvanized, organically coated, stainless, and aluminized steel; for the manufacture of its products. TA Delaware, Inc. is headquartered in Livonia, Michigan. " (2/18/2017)

  • FBR & Co analysts commented, "Tower International remains, in our view, a very attractive name to own in the automotive space given (1) the company's ability to out-compete and out-grow larger players, (2) a large new business backlog that we expect to come online above the company's average margin, and (3) a highly attractive valuation that we do not think prices in the company's opportunities. The company's 4Q16 results illustrated these points: Tower announced a major new business win related to OEM outsourcing, increased margins above our expectations, and provided detail on its above-market growth opportunity. We estimate that the company has secured significant net new business (FY17E: $65 million; FY18E: $75 million; FY19E: $150 million) and that the higher-margin profile of this backlog could lead to 120 bps of adjusted EBITDA margin expansion by FY19E. With shares still trading at a meaningful discount to peers, we think this is a compelling opportunity for investors." (2/15/2017)

Who owns Tower International stock?

Tower International's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Prudential PLC (2.72%), State Street Corp (1.91%), Thrivent Financial for Lutherans (1.51%), Russell Investments Group Ltd. (0.44%), Teton Advisors Inc. (0.16%) and Thompson Siegel & Walmsley LLC (0.15%). Company insiders that own Tower International stock include James C Gouin, Michael Rajkovic, Nicholas D Chabraja and Thomas K Brown.

Who sold Tower International stock? Who is selling Tower International stock?

Tower International's stock was sold by a variety of institutional investors in the last quarter, including Tudor Investment Corp Et Al, Credit Agricole S A, Thompson Siegel & Walmsley LLC and Gamco Investors INC. ET AL.

Who bought Tower International stock? Who is buying Tower International stock?

Tower International's stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Prudential PLC, Martingale Asset Management L P and State Street Corp. Company insiders that have bought Tower International stock in the last two years include James C Gouin, Nicholas D Chabraja and Thomas K Brown.

How do I buy Tower International stock?

Shares of Tower International 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 Tower International stock cost?

One share of Tower International stock can currently be purchased for approximately $28.05.

Tower International (NYSE:TOWR) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Tower International (NYSE:TOWR)

Earnings History Chart

Earnings by Quarter for Tower International (NYSE:TOWR)

Dividend History Chart

Dividend Payments by Quarter for Tower International (NYSE:TOWR)

Last Updated on 2/24/2017 by MarketBeat.com Staff