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 Date7/30/2019 (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 declared a quarterly dividend on Thursday, April 18th. Investors of record on Thursday, May 9th will be given a dividend of $0.13 per share on Friday, June 7th. This represents a $0.52 annualized dividend and a yield of 2.82%. The ex-dividend date is Wednesday, May 8th. View Tower International's Dividend History.
How were Tower International's earnings last quarter?
Tower International Inc (NYSE:TOWR) released its quarterly earnings results on Thursday, May, 2nd. The auto parts company reported $0.23 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.16 by $0.07. The auto parts company had revenue of $378.74 million for the quarter, compared to analyst estimates of $373.25 million. Tower International had a return on equity of 21.15% and a net margin of 1.44%. The company's revenue was down 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.82 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 issued an update on its FY 2020 earnings guidance on Thursday, May, 2nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.69-1.74 billion, compared to the consensus revenue estimate of $1.72 billion.Tower International also updated its FY19 guidance to $2.10-2.30 EPS.
What price target have analysts set for TOWR?
3 Wall Street analysts have issued 12-month price objectives for Tower International's shares. Their forecasts range from $28.00 to $32.00. On average, they anticipate Tower International's share price to reach $30.00 in the next twelve months. This suggests a possible upside of 62.9% 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?
Press coverage about TOWR stock has trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public 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 2.5 on InfoTrie's scale. They also gave news stories about the auto parts company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of Tower International's key competitors?
Some companies that are related to Tower International include Delphi Technologies (DLPH), Gentherm (THRM), Garrett Motion (GTX), American Axle & Manufact. (AXL), Standard Motor Products (SMP), Stoneridge (SRI), Modine Manufacturing (MOD), IOCHPE MAXION S/S (IOCJY), Cooper-Standard (CPS), Tenneco (TEN), Motorcar Parts of America (MPAA), Lydall (LDL), Commercial Vehicle Group (CVGI), Superior Industries International (SUP) and Horizon Global (HZN).
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 many different of institutional and retail investors. Top institutional investors include LSV Asset Management (5.00%), Smith Graham & Co. Investment Advisors LP (1.54%), Geode Capital Management LLC (1.19%), Phocas Financial Corp. (0.99%), Wedge Capital Management L L P NC (0.37%) and California Public Employees Retirement System (0.31%). Company insiders that own Tower International stock include Michael Rajkovic and William Cook. View Institutional Ownership Trends for Tower International.
Which major investors are selling Tower International stock?
TOWR stock was sold by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, Alambic Investment Management L.P., California Public Employees Retirement System, LSV Asset Management, New York State Common Retirement Fund, First Quadrant L P CA, Smith Graham & Co. Investment Advisors LP and Phocas Financial Corp.. View Insider Buying and Selling for Tower International.
Which major investors are buying Tower International stock?
TOWR stock was bought by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, Geode Capital Management LLC, O Shaughnessy Asset Management LLC, SG Americas Securities LLC, Meeder Asset Management Inc., BNP Paribas Arbitrage SA, Paradigm Capital Management Inc. NY and Martingale Asset Management L P. View Insider Buying and Selling for Tower International.
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 $18.42.
How big of a company is Tower International?
Tower International has a market capitalization of $381.09 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.
