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

Tootsie Roll Industries' stock was trading at $42.57 at the start of the year. Since then, TR shares have decreased by 27.3% and is now trading at $30.96.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our TR earnings forecast.

Tootsie Roll Industries, Inc. (NYSE:TR) issued its quarterly earnings data on Tuesday, July, 25th. The company reported $0.21 earnings per share for the quarter. The business had revenue of $158.84 million for the quarter. Tootsie Roll Industries had a trailing twelve-month return on equity of 10.19% and a net margin of 11.14%.

Tootsie Roll Industries declared a quarterly dividend on Tuesday, September 19th. Investors 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 dividend yield of 1.16%. The ex-dividend date is Friday, October 6th.
Read our dividend analysis for TR.

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),

Tootsie Roll Industries (NYSE:TR) pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.16%. 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.

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.

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).

Tootsie Roll Industries trades on the New York Stock Exchange (NYSE) under the ticker symbol "TR."

Tootsie Roll Industries' stock is owned by a number of retail and institutional 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.

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.
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One share of TR stock can currently be purchased for approximately $30.96.

Tootsie Roll Industries (NYSE:TR) has a market capitalization of $2.17 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.

The company employs 2,300 workers across the globe.

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.