Tower International Company Profile (NYSE:TOWR)

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

Tower International declared a quarterly dividend on Friday, April 21st. Stockholders of record on Wednesday, May 10th will be paid a dividend of $0.11 per share on Friday, June 9th. This represents a $0.44 annualized dividend and a dividend yield of 2.04%. The ex-dividend date is Monday, May 8th. View Tower International's Dividend History.

Tower International, Inc. (NYSE:TOWR) issued its quarterly earnings data on Tuesday, May, 2nd. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.16. The company had revenue of $497.60 million for the quarter, compared to analysts' expectations of $476.75 million. Tower International had a return on equity of 33.60% and a net margin of 2.47%. The company's quarterly revenue was up 1.7% compared to the same quarter last year. During the same period last year, the company earned $0.63 earnings per share. View Tower International's Earnings History.

Tower International is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for Tower International.

Tower International issued an update on its FY17 earnings guidance on Tuesday, May, 2nd. The company provided earnings per share (EPS) guidance of $3.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.57. The company issued revenue guidance of $1.925 billion, compared to the consensus revenue estimate of $1.92 billion.Tower International also updated its Q2 guidance to $0.95 EPS.

5 brokers have issued twelve-month price objectives for Tower International's shares. Their forecasts range from $24.00 to $40.00. On average, they anticipate Tower International's stock price to reach $31.40 in the next year. View Analyst Ratings for Tower International.

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

• 1. 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. " (5/5/2017)
• 2. 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)

Some companies that are related to Tower International include Modine Manufacturing Company (MOD), Douglas Dynamics (PLOW), Motorcar Parts of America (MPAA), Superior Industries International (SUP), Horizon Global Corporation (HZN), Spartan Motors (SPAR), Westport Fuel Systems (WPRT), Commercial Vehicle Group (CVGI), China Automotive Systems (CAAS), Strattec Security Corporation (STRT), SORL Auto Parts (SORL), Power Solutions International (PSIX), Fenix Parts (FENX), Bayer Motoren Werk (BAMXY) and Federal-Mogul Holdings LLC (FDML).

Tower International's management team includes the folowing people:

• Thomas K. Brown, Chairman of the Board
• Par Malmhagen, President
• James C. Gouin, Chief Executive Officer, Director
• Jeffrey L. Kersten, Chief Financial Officer, Executive Vice President
• Michael Rajkovic, Chief Operating Officer, Executive Vice President
• William Cook, Senior Vice President - Global Human Resources
• Andreas Meyer, Senior Vice President - Tower Europe
• Paul Radkoski, Senior Vice President - Global Purchasing
• Nanette Dudek, Vice President Legal Affairs and Compliance
• James N. Chapman, Independent Director

Tower International's stock is owned by many different of institutional and retail investors. Top institutional investors include LSV Asset Management (4.90%), Ameriprise Financial Inc. (2.83%), Thrivent Financial For Lutherans (1.35%), Bank of New York Mellon Corp (1.18%), Geode Capital Management LLC (0.85%) and California Public Employees Retirement System (0.55%). Company insiders that own Tower International stock include James C Gouin, Michael Rajkovic, Nicholas D Chabraja and Thomas K Brown. View Institutional Ownership Trends for Tower International.

Tower International's stock was sold by a variety of institutional investors in the last quarter, including Ameriprise Financial Inc., Smith Asset Management Group LP, Cornerstone Capital Management Holdings LLC., Russell Investments Group Ltd., TIAA CREF Investment Management LLC, Thrivent Financial For Lutherans, Paradigm Capital Management Inc. NY and Metropolitan Life Insurance Co. NY. View Insider Buying and Selling for Tower International.

Tower International's stock was bought by a variety of institutional investors in the last quarter, including Bogle Investment Management L P DE, James Investment Research Inc., Geode Capital Management LLC, Martingale Asset Management L P, LSV Asset Management, Bank of New York Mellon Corp, Tudor Investment Corp ET AL and California Public Employees Retirement System. Company insiders that have bought Tower International stock in the last two years include James C Gouin, Nicholas D Chabraja and Thomas K Brown. View Insider Buying and Selling for Tower International.

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.

One share of Tower International stock can currently be purchased for approximately $21.60.