Tootsie Roll Industries - TR Stock Forecast, Price & News

Tootsie Roll Industries' stock was trading at $36.23 at the start of the year. Since then, TR shares have increased by 21.4% and is now trading at $43.98.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 21st 2023.
View our TR earnings forecast.

Tootsie Roll Industries, Inc. (NYSE:TR) announced its quarterly earnings data on Thursday, October, 24th. The company reported $0.46 EPS for the quarter. The firm had revenue of $181.91 million for the quarter. Tootsie Roll Industries had a net margin of 10.71% and a trailing twelve-month return on equity of 9.14%.

Tootsie Roll Industries declared a quarterly dividend on Tuesday, September 20th. Investors of record on Tuesday, October 11th will be given a dividend of $0.09 per share on Thursday, October 20th. This represents a $0.36 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date of this dividend is Friday, October 7th.
Read our dividend analysis for TR.

Tootsie Roll Industries (NYSE:TR) pays an annual dividend of $0.36 per share and currently has a dividend yield of 0.82%. The company has been increasing its dividend for 52 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 35.25%. 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 institutional and retail investors. Top institutional shareholders include BlackRock Inc. (4.36%), Vanguard Group Inc. (2.66%), Allspring Global Investments Holdings LLC (1.31%), Dimensional Fund Advisors LP (1.17%), State Street Corp (0.90%) and Renaissance Technologies LLC (0.60%).
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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 $43.98.

Tootsie Roll Industries (NYSE:TR) has a market capitalization of $3.03 billion and generates $566.04 million in revenue each year. The company earns $65.33 million in net income (profit) each year or $1.0213 on an earnings per share basis.

The company employs 2,000 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.