NYSE:TR

Tootsie Roll Industries (TR) Stock Forecast, Price & News

$30.69

+0.27 (+0.89%)

(As of 09/21/2023 ET)

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Today's Range: $30.13
▼
$30.85
50-Day Range: $30.12
▼
$35.30
52-Week Range: $29.82
▼
$46.11

Volume: 125,326 shs
Average Volume: 120,327 shs
Market Capitalization: $2.15 billion

P/E Ratio: 26.97
Dividend Yield: 1.17%
Price Target: N/A

Tootsie Roll Industries MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Bearish
9.67% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.07
Upright™ Environmental Score
News Sentiment: -0.31
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.62 out of 5 stars

Consumer Staples Sector

110th out of 134 stocks

Sugar & Confectionery Products Industry

3rd out of 4 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Tootsie Roll Industries.

2.0

Short Interest

Percentage of Shares Shorted
9.67% of the float of Tootsie Roll Industries has been sold short.
Short Interest Ratio / Days to Cover
Tootsie Roll Industries has a short interest ratio ("days to cover") of 7.9.
Change versus previous month
Short interest in Tootsie Roll Industries has recently decreased by 0.71%, indicating that investor sentiment is improving.

3.3

Dividend Strength

Dividend Yield
Tootsie Roll Industries pays a meaningful dividend of 1.18%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Tootsie Roll Industries has been increasing its dividend for 54 years.
Dividend Coverage
The dividend payout ratio of Tootsie Roll Industries is 31.64%. This payout ratio is at a healthy, sustainable level, below 75%.

1.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Tootsie Roll Industries has received a -20.82% net impact score from Upright. The largest negative impact of Tootsie Roll Industries in category "Physical diseases" seems to be driven mostly by its "Sugar candy", "Sugary chewing gum", and "Dark chocolate" products. See details.
Environmental Sustainability
The Environmental Impact score for Tootsie Roll Industries is -1.07.

1.5

News and Social Media Coverage

News Sentiment
Tootsie Roll Industries has a news sentiment score of -0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.62 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Tootsie Roll Industries this week, compared to 1 article on an average week.
Search Interest
Only 2 people have searched for TR on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
3 people have added Tootsie Roll Industries to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Tootsie Roll Industries insiders have not sold or bought any company stock.
Percentage Held by Insiders
68.53% of the stock of Tootsie Roll Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 16.10% of the stock of Tootsie Roll Industries is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Tootsie Roll Industries is 26.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.42.
Price to Earnings Ratio vs. Sector
The P/E ratio of Tootsie Roll Industries is 26.97, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 20.37.
Price to Book Value per Share Ratio
Tootsie Roll Industries has a P/B Ratio of 2.75. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Tootsie Roll Industries (NYSE:TR) Stock

Tootsie Roll Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks. The company sells its products directly to wholesale distributors of candy, and food and groceries; and supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, the United States military, and fund-raising charitable organizations, as well as through food and grocery brokers. Tootsie Roll Industries, Inc. was founded in 1896 and is headquartered in Chicago, Illinois.

TR Price History

30 days | 90 days | 365 days | Advanced Chart

TR Stock News Headlines

August 22, 2023 | marketbeat.com

3 Dividend Kings with a Royally Good Upside (TR)

Dividend Kings like Sysco, Altria, and Tootsie Roll Industries are down but investors should not count them out; instead, put them on your Christmas wishlist.

September 17, 2023 | americanbankingnews.com

Tootsie Roll Industries (NYSE:TR) Sets New 52-Week Low at $29.83

September 22, 2023 | Chaikin Analytics (Ad)

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September 15, 2023 | americanbankingnews.com

Tootsie Roll Industries (NYSE:TR) Stock Price Passes Below 200 Day Moving Average of $38.10

September 8, 2023 | seekingalpha.com

Tootsie Roll Industries: Strong Revenue Growth But Margin Pressure Remains

September 1, 2023 | finance.yahoo.com

3 Very Oversold Consumer Stocks to Buy Right Now

August 31, 2023 | yahoo.com

From 'Tootsie' to 'Beauty and the Beast,' Erie Playhouse plans variety for 2024 season

August 22, 2023 | foxnews.com

Children's hospital director claims 'infinite' genders, trans kids can identify as 'Tootsie Roll pops'

September 22, 2023 | Behind the Markets (Ad)

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August 22, 2023 | finance.yahoo.com

Tootsie Roll Industries, Inc.'s (NYSE:TR) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?

July 25, 2023 | msn.com

Tootsie Roll sees ‘significantly higher’ ingredient costs into 2024

July 24, 2023 | finance.yahoo.com

Here's Why Tootsie Roll Industries (NYSE:TR) Has Caught The Eye Of Investors

July 7, 2023 | finance.yahoo.com

The 7 Most Undervalued Consumer Stocks to Buy Now

June 29, 2023 | msn.com

Tootsie Roll Industries: Don't Expect Rocket-Like Growth, Hold It For The Dividend

June 28, 2023 | finance.yahoo.com

Gum Confectionery Global Market Report 2023

June 15, 2023 | msn.com

Tootsie Roll Industries goes ex dividend tomorrow

June 14, 2023 | finance.yahoo.com

Investors in Tootsie Roll Industries (NYSE:TR) have seen decent returns of 56% over the past five years

June 8, 2023 | msn.com

Tootsie Roll Industries, Inc. - Class B (TROLB) Declares $0.09 Dividend

May 25, 2023 | msn.com

After 26 years, Sweets & Snacks Expo leaves Chicago, bringing with it a century of wacko candy names

May 24, 2023 | msn.com

Tootsie Roll Industries: Don't Chew On This Stock Right Now

May 23, 2023 | msn.com

Tootsie Roll Industries: Still Expensive Despite Great Performance

May 12, 2023 | finance.yahoo.com

Tootsie Roll Industries First Quarter 2023 Earnings: EPS: US$0.19 (vs US$0.17 in 1Q 2022)

May 11, 2023 | marketwatch.com

10-Q: TOOTSIE ROLL INDUSTRIES INC

April 1, 2023 | finance.yahoo.com

We Like These Underlying Return On Capital Trends At Tootsie Roll Industries (NYSE:TR)

April 1, 2023 | benzinga.com

Tootsie Roll Industries Stock (NYSE:TR), Dividends

March 30, 2023 | benzinga.com

Tootsie Roll Industries Stock (NYSE:TR), Quotes and News Summary

March 28, 2023 | msn.com

The Reason Why We Ask 'How Many Licks' Does It Take To Get To The Center Of A Tootsie Pop

See More Headlines

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TR Company Calendar

Ex-Dividend for 7/6 Dividend: 6/16/2023
Dividend Payable: 7/06/2023
Last Earnings: 7/25/2023
Today: 9/22/2023
Ex-Dividend for 10/19 Dividend: 10/06/2023
Dividend Payable: 10/19/2023
Next Earnings (Estimated): 10/25/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Confectioners
Sub-Industry: Packaged Foods & Meats
Sector: Consumer Defensive
Current Symbol: NYSE:TR
CUSIP: 89051610
CIK: 98677
Web: www.tootsie.com
Phone: (773) 838-3400
Fax: 773-838-3534
Employees: 2,300
Year Founded: 1896

Profitability

EPS (Most Recent Fiscal Year): $1.1379
Trailing P/E Ratio: 26.97
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $75.94 million
Net Margins: 11.14%
Pretax Margin: 14.41%
Return on Equity: 10.19%
Return on Assets: 7.81%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.46
Quick Ratio: 1.92

Sales & Book Value

Annual Sales: $681.44 million
Price / Sales: 3.15
Cash Flow: $1.43 per share
Price / Cash Flow: 21.50
Book Value: $11.14 per share
Price / Book: 2.75

Miscellaneous

Outstanding Shares: 69,940,000
Free Float: 22,011,000
Market Cap: $2.15 billion
Optionable: Optionable
Beta: 0.12

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Key Executives

Ms. Ellen R. Gordon (Age 91)
Chairman & CEO
Comp: $6.79M

Mr. G. Howard Ember Jr. (Age 70)
VP of Fin. & CFO
Comp: $2.01M

Mr. Kenneth D. Naylor (Age 63)
VP of Marketing & Sales
Comp: $1.11M

Mr. Barry P. Bowen (Age 67)
Treasurer & Assistant Sec.
Comp: $1.22M

Robert L. Zirk
Controller

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TR Stock - Frequently Asked Questions

How have TR shares performed in 2023?: Tootsie Roll Industries' stock was trading at $42.57 at the beginning of the year. Since then, TR stock has decreased by 27.9% and is now trading at $30.69.
View the best growth stocks for 2023 here.
When is Tootsie Roll Industries' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our TR earnings forecast.
How were Tootsie Roll Industries' earnings last quarter?: Tootsie Roll Industries, Inc. (NYSE:TR) issued its earnings results on Tuesday, July, 25th. The company reported $0.21 EPS for the quarter. The firm earned $158.84 million during the quarter. Tootsie Roll Industries had a net margin of 11.14% and a trailing twelve-month return on equity of 10.19%.
How often does Tootsie Roll Industries pay dividends? What is the dividend yield for Tootsie Roll Industries?: Tootsie Roll Industries declared a quarterly dividend on Thursday, September 21st. Stockholders of record on Tuesday, October 10th will be given a dividend of $0.09 per share on Thursday, October 19th. This represents a $0.36 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Friday, October 6th.
Read our dividend analysis for TR.
What ETFs hold Tootsie Roll Industries' stock?: ETFs with the largest weight of Tootsie Roll Industries (NYSE:TR) stock in their portfolio include Invesco Food & Beverage ETF (PBJ), Invesco S&P SmallCap Consumer Staples ETF (PSCC), Invesco S&P SmallCap 600 Equal Weight ETF (EWSC), Invesco RAFI Strategic US Small Company ETF (IUSS),
Is Tootsie Roll Industries a good dividend stock?: Tootsie Roll Industries (NYSE:TR) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.19%. The company has been increasing its dividend for 54 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 31.64%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for TR.
What is Ellen Gordon's approval rating as Tootsie Roll Industries' CEO?: 14 employees have rated Tootsie Roll Industries Chief Executive Officer Ellen Gordon on Glassdoor.com. Ellen Gordon has an approval rating of 53% among the company's employees. This puts Ellen Gordon in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Tootsie Roll Industries own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Tootsie Roll Industries investors own include AbbVie (ABBV), AT&T (T), Walt Disney (DIS), Altria Group (MO), Procter & Gamble (PG), Walgreens Boots Alliance (WBA), Wells Fargo & Company (WFC), Walmart (WMT), ZIOPHARM Oncology (ZIOP) and Archer-Daniels-Midland (ADM).

What is Tootsie Roll Industries' stock symbol?: Tootsie Roll Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "TR."
Who are Tootsie Roll Industries' major shareholders?: Tootsie Roll Industries' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.13%), Dimensional Fund Advisors LP (1.25%), Allspring Global Investments Holdings LLC (0.92%), Allspring Global Investments Holdings LLC (0.92%), Renaissance Technologies LLC (0.67%) and State Street Corp (0.52%).
View institutional ownership trends.
How do I buy shares of Tootsie Roll Industries?: Shares of TR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Tootsie Roll Industries' stock price today?: One share of TR stock can currently be purchased for approximately $30.69.
How much money does Tootsie Roll Industries make?: Tootsie Roll Industries (NYSE:TR) has a market capitalization of $2.15 billion and generates $681.44 million in revenue each year. The company earns $75.94 million in net income (profit) each year or $1.1379 on an earnings per share basis.
How many employees does Tootsie Roll Industries have?: The company employs 2,300 workers across the globe.
Does Tootsie Roll Industries have any subsidiaries?: The following companies are subsidiares of Tootsie Roll Industries: Andes Candies, Andes Candies LLC, Andes Manufacturing LLC, Andes Services LLC, C. G. P. Inc., CGCLP Inc., Cambridge Brands Manufacturing Inc., Cambridge Brands Sales LLC, Cambridge Brands Services Inc., Cambridge Brands Inc., Cella's Confections, Cella’s Confections Inc., Charms LLC, Concord (GP) Inc., Concord Canada Holdings ULC, Concord Confections, Concord Confections Holdings USA Inc., Concord Partners LP, Concord Wax Inc., Fleer Española S.L., Henry Eisen Advertising Agency Inc., Impel Movie Line Inc., JT Company Inc., Rizzle Inversiones 2014 S.L., TRI Captive Insurance Company Inc., TRI Finance Inc., TRI International Inc., TRI Sales Co., TRI Sales Services LLC, TRI de Latinoamerica S.A. de C.V., TRI-Mass Inc., The Candy Corporation, The Charms Company, The Sweets Mix Company Inc., The Tootsie Roll Company Inc., Tootsie Roll Industries LLC, Tootsie Roll Management Inc., Tootsie Roll Mfg LLC, Tootsie Roll Worldwide Ltd., Tootsie Roll of Canada ULC, Tootsie Rolls - Latin America Inc., Tutsi S. A. de C. V., Warner-Lambert (Candy Division), and World Trade & Marketing Ltd..
Read More
How can I contact Tootsie Roll Industries?: Tootsie Roll Industries' mailing address is 7401 SOUTH CICERO AVENUE, CHICAGO IL, 60629. The official website for the company is www.tootsie.com. The company can be reached via phone at (773) 838-3400 or via fax at 773-838-3534.

This page (NYSE:TR) was last updated on 9/22/2023 by MarketBeat.com Staff

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