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.
Industry, Sector and Symbol
Industry Motor vehicle parts & accessories
Sub-IndustryAuto Parts & Equipment
SectorAuto/Tires/Trucks
Phone248-675-6000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.57 billion
Profitability
Miscellaneous
Employees5,700
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable
Tower International (NYSE:TOWR) Frequently Asked Questions
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 announced a quarterly dividend on Thursday, April 18th. Stockholders of record on Thursday, May 9th will be paid a dividend of $0.13 per share on Friday, June 7th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 2.11%. View Tower International's Dividend History.
How were Tower International's earnings last quarter?
Tower International Inc (NYSE:TOWR) issued its quarterly earnings results on Tuesday, February, 12th. The auto parts company reported $0.74 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.14 by $0.40. The auto parts company earned $377.27 million during the quarter, compared to the consensus estimate of $524.30 million. Tower International had a net margin of 2.42% and a return on equity of 25.34%. The business's revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the company earned $0.96 EPS. View Tower International's Earnings History.
When is Tower International's next earnings date?
What guidance has Tower International issued on next quarter's earnings?
Tower International updated its FY 2020 earnings guidance on Tuesday, February, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.69-1.74 billion.Tower International also updated its FY 2019 guidance to $2.50-2.50 EPS.
What price target have analysts set for TOWR?
3 brokers have issued 12-month target prices for Tower International's stock. Their predictions range from $28.00 to $32.00. On average, they anticipate Tower International's stock price to reach $30.00 in the next twelve months. This suggests a possible upside of 21.5% from the stock's current price. View Analyst Price Targets for Tower International.
What is the consensus analysts' recommendation for Tower International?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tower International in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Tower International.
Has Tower International been receiving favorable news coverage?
Media stories about TOWR stock have been trending positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tower International earned a media sentiment score of 2.7 on InfoTrie's scale. They also gave media stories about the auto parts company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days.
Who are some of Tower International's key competitors?
Some companies that are related to Tower International include American Axle & Manufact. (AXL), Tenneco (TEN), Gentherm (THRM), Garrett Motion (GTX), Standard Motor Products (SMP), Cooper-Standard (CPS), Stoneridge (SRI), Modine Manufacturing (MOD), IOCHPE MAXION S/S (IOCJY), Lydall (LDL), Motorcar Parts of America (MPAA), Commercial Vehicle Group (CVGI), Superior Industries International (SUP), Strattec Security (STRT) and China Automotive Systems (CAAS).
What other stocks do shareholders of Tower International own?
Who are Tower International's key executives?
Tower International's management team includes the folowing people:
- Mr. James C. Gouin, CEO & Director (Age 59)
- Mr. Pär O. H. Malmhagen, Pres (Age 56)
- Mr. Jeffrey L. Kersten, Exec. VP & CFO (Age 51)
- Ms. Nanette Dudek, VP of Legal Affairs & Compliance and Corp. Sec. (Age 53)
- Mr. Mark R. Flynn, Sr. VP of Global HR (Age 54)
Who are Tower International's major shareholders?
Tower International's stock is owned by a number of of retail and institutional investors. Top institutional investors include Meeder Asset Management Inc. (0.03%). Company insiders that own Tower International stock include Michael Rajkovic and William Cook. View Institutional Ownership Trends for Tower International.
Which major investors are buying Tower International stock?
How do I buy shares of Tower International?
Shares of TOWR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Tower International's stock price today?
One share of TOWR stock can currently be purchased for approximately $24.70.
How big of a company is Tower International?
Tower International has a market capitalization of $509.12 million and generates $1.57 billion in revenue each year. The auto parts company earns $48.90 million in net income (profit) each year or $3.50 on an earnings per share basis. Tower International employs 5,700 workers across the globe.
What is Tower International's official website?
How can I contact Tower International?
Tower International's mailing address is 17672 LAUREL PARK DRIVE NORTH SUITE 400E, LIVONIA MI, 48152. The auto parts company can be reached via phone at 248-675-6000 or via email at [email protected]
MarketBeat Community Rating for Tower International (NYSE TOWR)
MarketBeat's community ratings are surveys of what our community members think about Tower International and other stocks. Vote "Outperform" if you believe TOWR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TOWR will underperform the S&P 500 over the long term. You may vote once every thirty days.
