Tower International (TOWR) Stock Price, News & Analysis

Tower International Inc (NYSE:TOWR) issued its earnings results on Monday, October, 29th. The auto parts company reported $1.08 EPS for the quarter, beating the consensus estimate of $0.97 by $0.11. The auto parts company had revenue of $524.57 million for the quarter, compared to the consensus estimate of $512.78 million. Tower International had a trailing twelve-month return on equity of 16.92% and a net margin of 0.61%. The company's revenue was up 13.5% compared to the same quarter last year. During the same period last year, the business posted $0.85 EPS.

Tower International (NYSE:TOWR) pays an annual dividend of $0.52 per share and currently has a dividend yield of 1.68%. The dividend payout ratio is 14.86%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TOWR will have a dividend payout ratio of 15.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TOWR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Tower International investors own include American International Group (AIG), AutoNation (AN), Energy Transfer (ET), SunCoke Energy Partners (SXCP), Cornerstone Total Return Fund (CRF), SandRidge Permian Trust (PER), Aerogrow International (AERO), CBL & Associates Properties (CBL), Cornerstone Strategic Value Fund (CLM) and Ford Motor (F).