TWER - Towerstream Corporation Stock Price, News & Analysis

$4.30 0.10 (2.38 %)
(As of 11/24/2017 03:26 PM ET)
Previous Close$4.30
Today's Range$4.30 - $4.30
52-Week Range$4.20 - $51.00
Volume752 shs
Average Volume2,661 shs
Market Capitalization$1.66 million
P/E RatioN/A
Dividend YieldN/A
Beta0.15

About Towerstream Corporation (OTCMKTS:TWER)

Towerstream Corporation logoTowerstream Corporation is a provider of fixed wireless services to businesses in over 10 urban markets across the United States. The Company operates through Fixed Wireless Services (Fixed Wireless) segment. Its fixed wireless service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. Towerstream installs equipment on the rooftops of the buildings in which the Fixed Wireless segment customers operate and refer to these as Customer Locations. This equipment includes receivers and antennas, and a wireless connection is established between the Customer Location to one or more of its points of presence (PoPs). It provides fixed wireless broadband services to commercial customers and delivers access over a Wireless network transmitting over both regulated and unregulated radio spectrum. It provides services to business customers in various locations, including New York City, Boston, Chicago and Houston.


Industry, Sector and Symbol

Industry Diversified Communication Services
Sub-IndustryAlternative Carriers
SectorComputer and Technology
SymbolOTCMKTS:TWER
  • Previous Symbol: OTCMKTS:TWERD
  • CUSIP89200010

    Debt

    Debt-to-Equity Ratio-2.70%
    Current Ratio2.08%
    Quick Ratio2.08%

    Price-To-Earnings

    Trailing P/E RatioN/A
    Forward P/E RatioN/A
    P/E GrowthN/A

    Sales & Book Value

    Annual Sales$26.90 million
    Price / Sales0.06
    Cash FlowN/A
    Price / CashN/A
    Book Value($31.42) per share
    Price / Book-0.14

    Dividend

    Annual DividendN/A
    Dividend YieldN/A

    Profitability

    Trailing EPSN/A
    Net Income$-20,430,000.00
    Net Margins-53.20%
    Return on EquityN/A
    Return on Assets-51.49%

    Miscellaneous

    Employees98
    Outstanding Shares390,000

    Frequently Asked Questions for Towerstream Corporation (OTCMKTS:TWER)

    What is Towerstream Corporation's stock symbol?

    Towerstream Corporation trades on the OTCMKTS under the ticker symbol "TWER."

    When did Towerstream Corporation's stock split? How did Towerstream Corporation's stock split work?

    Shares of Towerstream Corporation reverse split on Friday, September 29th 2017. The 1-75 reverse split was announced on Thursday, September 28th 2017. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, September 28th 2017. An investor that had 100 shares of Towerstream Corporation stock prior to the reverse split would have 1 shares after the split.

    How were Towerstream Corporation's earnings last quarter?

    Towerstream Corporation (OTCMKTS:TWER) posted its quarterly earnings data on Friday, August, 11th. The technology company reported ($18.00) EPS for the quarter. The technology company had revenue of $6.50 million for the quarter. View Towerstream Corporation's Earnings History.

    When will Towerstream Corporation make its next earnings announcement?

    Towerstream Corporation is scheduled to release their next quarterly earnings announcement on Friday, March, 30th 2018. View Earnings Estimates for Towerstream Corporation.

    Who are some of Towerstream Corporation's key competitors?

    Who are Towerstream Corporation's key executives?

    Towerstream Corporation's management team includes the folowing people:

    • Philip J. Urso, Chairman of the Board (Age 57)
    • Ernest Ortega, Chief Executive Officer
    • Laura W. Thomas, Chief Financial Officer (Age 61)
    • Arthur G. Giftakis, Chief Operating Officer (Age 50)
    • Donald MacNeil, Director (Age 52)
    • William J. Bush CPA, Independent Director (Age 52)
    • Howard L. Haronian M.D., Independent Director (Age 55)
    • Paul P. Koehler, Independent Director (Age 57)

    Who owns Towerstream Corporation stock?

    Towerstream Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include HONIG BARRY C (6.75%) and HONIG BARRY C (6.75%). Company insiders that own Towerstream Corporation stock include Howard L Haronian, Paul Koehler and Philip Urso. View Institutional Ownership Trends for Towerstream Corporation.

    How do I buy Towerstream Corporation stock?

    Shares of Towerstream Corporation can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

    What is Towerstream Corporation's stock price today?

    One share of Towerstream Corporation stock can currently be purchased for approximately $4.30.

    How big of a company is Towerstream Corporation?

    Towerstream Corporation has a market capitalization of $1.66 million and generates $26.90 million in revenue each year. Towerstream Corporation employs 98 workers across the globe.

    How can I contact Towerstream Corporation?

    Towerstream Corporation's mailing address is 88 SilvaLane, Middletown RI, 02842. The technology company can be reached via phone at 401-848-5848.


    MarketBeat Community Rating for Towerstream Corporation (TWER)

    Community Ranking:  2.4 out of 5 (star star)
    Outperform Votes:  86 (Vote Outperform)
    Underperform Votes:  92 (Vote Underperform)
    Total Votes:  178
    MarketBeat's community ratings are surveys of what our community members think about Towerstream Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

    Analyst Ratings

    Analysts' Consensus Rating for Towerstream Corporation (OTCMKTS:TWER)

      (How are Consensus Ratings Calculated?)
    Ratings Breakdown: 0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.
    Consensus Rating:N/A (Score: NaN)
    Analysts' Consensus Price Target: N/A

    Consensus Price Target History for Towerstream Corporation (OTCMKTS:TWER)

    Price Target History for Towerstream Corporation (OTCMKTS:TWER)

    Analysts' Ratings History for Towerstream Corporation (OTCMKTS:TWER)

    Show:
    DateFirmActionRatingPrice TargetDetails
    3/22/2016HC WainwrightReiterated RatingBuyView Rating Details
    2/18/2016DA DavidsonDowngradeBuy -> Neutral$187.50 -> $18.75View Rating Details
    (Data available from 11/24/2015 forward)

    Earnings

    Earnings History and Estimates Chart for Towerstream Corporation (OTCMKTS:TWER)

    Earnings by Quarter for Towerstream Corporation (OTCMKTS:TWER)

    Earnings History by Quarter for Towerstream Corporation (OTCMKTS TWER)

    DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
    3/30/2018        
    8/11/2017Q2 2017($18.00)$6.50 millionViewN/AView Earnings Details
    5/15/2017Q1 2017($5.25)($14.25)$6.57 millionViewN/AView Earnings Details
    11/14/2016Q3 2016($89.25)($75.00)$7.00 million$6.66 millionViewN/AView Earnings Details
    5/10/2016Q1($8.25)($6.00)$6.73 millionViewListenView Earnings Details
    3/18/2016Q4($9.75)($45.00)$6.75 millionViewListenView Earnings Details
    11/9/2015Q3($10.50)($9.75)$7.98 million$7.80 millionViewListenView Earnings Details
    8/10/2015Q115($9.75)($9.75)$8.27 million$7.85 millionViewListenView Earnings Details
    5/11/2015Q1($8.63)($9.75)$8.42 million$7.96 millionViewListenView Earnings Details
    3/12/2015Q414($7.50)($9.00)$8.50 million$80.09 millionViewListenView Earnings Details
    11/10/2014Q3 14($7.50)($6.75)$8.30 million$8.30 millionViewN/AView Earnings Details
    8/11/2014Q214($7.50)($7.50)$8.97 million$8.27 millionViewN/AView Earnings Details
    5/12/2014($7.50)($7.50)$8.54 million$8.38 millionViewN/AView Earnings Details
    3/17/2014Q413($7.50)($7.50)$8.58 million$8.52 millionViewN/AView Earnings Details
    11/12/2013Q3($6.75)($6.75)ViewListenView Earnings Details
    8/8/2013Q2 2013($7.50)($6.75)$8.50 million$8.20 millionViewN/AView Earnings Details
    5/9/2013Q1 2013($8.25)($6.75)ViewN/AView Earnings Details
    11/8/2012Q312($6.75)($7.50)$8.36 million$8.13 millionViewN/AView Earnings Details
    (Data available from 1/1/2011 forward)

    Estimates

    Earnings Estimates for Towerstream Corporation (OTCMKTS:TWER)

    No earnings estimates for this company have been tracked by MarketBeat.com

    Dividends

    Dividend History for Towerstream Corporation (OTCMKTS:TWER)
    No dividend announcements for this company have been tracked by MarketBeat.com

    Insider Trades

    Insider Trading and Institutional Ownership History for Towerstream Corporation (OTCMKTS TWER)

    Insider Ownership Percentage: 6.40%
    Insider Trades by Quarter for Towerstream Corporation (OTCMKTS:TWER)
    Insider Trades by Quarter for Towerstream Corporation (OTCMKTS:TWER)

    Insider Trades by Quarter for Towerstream Corporation (OTCMKTS TWER)

    Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
    12/22/2015Paul KoehlerDirectorBuy10,000$0.40$4,000.00View SEC Filing  
    12/21/2015Howard L. HaronianDirectorBuy15,000$0.37$5,550.00View SEC Filing  
    12/10/2015Philip UrsoDirectorBuy8,200$0.40$3,280.00View SEC Filing  
    12/9/2015Howard L HaronianDirectorBuy5,000$0.32$1,600.00View SEC Filing  
    11/16/2015Jeffrey M. ThompsonCEOSell433,978$0.53$230,008.34View SEC Filing  
    9/24/2014Jeffrey M ThompsonCEOSell40,000$1.49$59,600.00View SEC Filing  
    9/23/2014Jeffrey M ThompsonCEOSell20,970$1.57$32,922.90View SEC Filing  
    4/2/2014Philip UrsoDirectorSell17,000$2.40$40,800.00View SEC Filing  
    9/24/2013Philip UrsoDirectorSell8,500$2.47$20,995.00View SEC Filing  
    3/27/2013Howard L HaronianDirectorBuy2,000$2.23$4,460.00View SEC Filing  
    3/25/2013Howard L HaronianDirectorBuy21,000$2.35$49,350.00View SEC Filing  
    1/15/2013Philip UrsoDirectorSell17,000$3.37$57,290.00View SEC Filing  
    9/13/2012Jeffrey M ThompsonCEOSell140,309$3.84$538,786.56View SEC Filing  
    (Data available from 1/1/2013 forward)

    Headlines

    Latest Headlines for Towerstream Corporation (OTCMKTS TWER)

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    Chart

    Towerstream Corporation (OTCMKTS TWER) Chart for Friday, November, 24, 2017
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    This page was last updated on 11/24/2017 by MarketBeat.com Staff

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