TWR Stock Overview Provides general insurance products in New Zealand and the Pacific Islands. More details
Rewards Risk Analysis See All Risk Checks Capture your thoughts, links and company narrative
Tower Limited Competitors Price History & Performance
Summary of share price highs, lows and changes for Tower Historical stock prices Current Share Price NZ$1.24 52 Week High NZ$1.32 52 Week Low NZ$0.51 Beta 0.36 1 Month Change 5.56% 3 Month Change 0.41% 1 Year Change 112.93% 3 Year Change 81.62% 5 Year Change 82.96% Change since IPO -70.94%
Recent News & Updates
Full year 2024 earnings released: EPS: NZ$0.19 (vs NZ$0.006 in FY 2023) Nov 28 Tower Limited Approves Final Dividend for Fiscal Year 2024, Payable on 30 January 2025
Tower Limited, Annual General Meeting, Feb 11, 2025 Nov 01
Tower Limited to Report Fiscal Year 2024 Results on Nov 28, 2024 Oct 17
Tower Limited Provides Earnings Guidance for the Year Ending 30 September 2024 Oct 11
Tower Limited Updates Earnings Guidance for the Year Ending September 30, 2024 Jun 13 See more updates
Full year 2024 earnings released: EPS: NZ$0.19 (vs NZ$0.006 in FY 2023) Nov 28 Tower Limited Approves Final Dividend for Fiscal Year 2024, Payable on 30 January 2025
Tower Limited, Annual General Meeting, Feb 11, 2025 Nov 01
Tower Limited to Report Fiscal Year 2024 Results on Nov 28, 2024 Oct 17
Tower Limited Provides Earnings Guidance for the Year Ending 30 September 2024 Oct 11
Tower Limited Updates Earnings Guidance for the Year Ending September 30, 2024 Jun 13
Upcoming dividend of NZ$0.03 per share Jun 05
Tower Limited to Report First Half, 2024 Results on May 28, 2024 Apr 16
Tower Limited Revises Earnings Guidance for the Fiscal Year 2024 Feb 21
Capital Insurance Group agreed to acquire TOWER Insurance (Vanuatu) Limited from Tower Limited (NZSE:TWR). Jan 16
Tower Limited, Annual General Meeting, Feb 21, 2024 Dec 14
New minor risk - Earnings quality Nov 26
Full year 2023 earnings released: EPS: NZ$0.006 (vs NZ$0.044 in FY 2022) Nov 23
New minor risk - Profit margin trend Nov 23
Tower Limited Announces Board Changes Nov 17 Tower Limited to Report Fiscal Year 2023 Results on Nov 23, 2023
Tower Limited Revises Earnings Guidance for the Full Year of 2023 Jul 21
First half 2023 earnings released: NZ$0.02 loss per share (vs NZ$0.007 profit in 1H 2022) May 31 Tower Limited Provides Earnings Guidance for the First Half of Fiscal Year 2023
Tower Limited Reaffirms Earnings Guidance for the Fiscal Year 2023 Jan 30
Upcoming dividend of NZ$0.04 per share Jan 10
Chief Executive Officer recently sold AU$77k worth of stock Dec 31
Tower Limited, Annual General Meeting, Feb 28, 2023 Dec 19
Full year 2022 earnings released: EPS: NZ$0.044 (vs NZ$0.044 in FY 2021) Nov 24
Tower Limited Announces Dividend for the Six Months Ended September 30, 2022, Payable on February 1, 2023 Nov 23
Alpha Insurance Limited completed the acquisition of TOWER Insurance (PNG) Limited from Tower Limited (NZSE:TWR) for approximately AUD 10 million. Oct 31
Tower Limited to Report Fiscal Year 2022 Results on Nov 23, 2022 Oct 26 Tower Limited Provides Dividend Guidance for the Year to 30 September 2022
Tower Limited Announces the Appointment of Geraldine McBride as a Non-Executive Director Sep 29
Tower Limited Announces Interim Dividend for the Period Ended March 31, 2022, Payable on June 30, 2022 Jun 22
Alpha Insurance Limited agreed to acquire TOWER Insurance (PNG) Limited from Tower Limited (NZSE:TWR) for AUD 7.9 million. Jun 11
Alpha Insurance Limited agreed to acquire TOWER Insurance (PNG) Limited from Tower Limited (NZSE:TWR) for AUD 7.9 million. Jun 10
Upcoming dividend of NZ$0.025 per share Jun 08
Tower Limited Announces Retirement of Warren Lee as Director Jun 07
Tower Limited (NZSE:TWR) agreed to acquire Portfolio of insurance business of TSB Bank Limited from TSB Bank Limited for Approximately NZD 5 million. Jun 01
Tower Limited Provides Dividend Guidance for the Fiscal Year 2022 May 28
First half 2022 earnings released May 27
Tower Limited Announces Dividend for Six Months Ended March 31, 2022, Payable on June 30, 2022 May 27
Insufficient new directors Apr 27
Tower Limited to Report Q2, 2022 Results on May 26, 2022 Apr 26
Tower Limited Provides Earnings Guidance for the Year 2022 Feb 02
Insufficient new directors Feb 01
Upcoming dividend of NZ$0.025 per share Jan 11
Full year 2021 earnings: EPS and revenues miss analyst expectations Nov 26
Upcoming dividend of NZ$0.025 per share Jun 22
First half 2021 earnings released: EPS NZ$0.027 (vs NZ$0.035 in 1H 2020) May 29
Chief Executive Officer recently bought AU$65k worth of stock May 28
Tower Confirms Interim Dividend, Payable on 14 July, 2021 May 26
Tower Limited to Declare an Interim Dividend May 17
Chief Executive Officer recently bought AU$66k worth of stock Mar 03
Tower Limited, Annual General Meeting, Feb 23, 2021 Dec 10
Independent Non-Executive Director recently bought AU$59k worth of stock Dec 08
Independent Chairman recently bought AU$114k worth of stock Dec 02
New 90-day high: AU$0.60 Dec 02
Full year 2020 earnings released: EPS NZ$0.029 Nov 29
Tower Limited to Report Q4, 2020 Results on Nov 25, 2020 Oct 30
New 90-day high: AU$0.59 Sep 29
New 90-day low - AU$0.49 Sep 04
New 90-day low - AU$0.54 Aug 14 Shareholder Returns TWR AU Insurance AU Market 7D 2.1% 0.8% 0.3% 1Y 112.9% 26.9% 9.7%
See full shareholder returns
Return vs Market: TWR exceeded the Australian Market which returned 9.7% over the past year.
Price Volatility Is TWR's price volatile compared to industry and market? TWR volatility TWR Average Weekly Movement 5.1% Insurance Industry Average Movement 3.0% Market Average Movement 8.1% 10% most volatile stocks in AU Market 16.9% 10% least volatile stocks in AU Market 3.0%
Stable Share Price: TWR has not had significant price volatility in the past 3 months compared to the Australian market.
Volatility Over Time: TWR's weekly volatility (5%) has been stable over the past year.
About the Company Tower Limited provides general insurance products in New Zealand and the Pacific Islands. Its insurance products include car, house, contents, contract works and renovation cover, landlord, boat, business, travel, pet, renters, house and contents bundle, electric vehicle, motorbike and motorcycle, lifestyle block, caravan or trailer, motorhome, campervan and RV, and multi-policy discount insurance. Tower Limited was founded in 1869 and is headquartered in Auckland, New Zealand.
Show more Tower Limited Fundamentals Summary How do Tower's earnings and revenue compare to its market cap? TWR fundamental statistics Market cap AU$471.99m Earnings (TTM ) AU$64.12m Revenue (TTM ) AU$523.58m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) TWR income statement (TTM ) Revenue NZ$578.83m Cost of Revenue NZ$472.97m Gross Profit NZ$105.86m Other Expenses NZ$34.97m Earnings NZ$70.88m
Dividends
9.5% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/07 21:37 End of Day Share Price 2025/01/07 00:00 Earnings 2024/09/30 Annual Earnings 2024/09/30
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
Analysis Model and Snowflake Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources Tower Limited is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Nigel Pittaway Citigroup Inc Andrew Adams Credit Suisse Lindsay James Forsyth Barr Group Ltd.
Show 8 more analysts 
