TWR Stock Overview Provides general insurance products in New Zealand and the Pacific Islands. More details
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Tower Limited Competitors Price History & Performance
Summary of share price highs, lows and changes for Tower Historical stock prices Current Share Price NZ$1.42 52 Week High NZ$1.47 52 Week Low NZ$0.66 Beta 0.33 1 Month Change 11.81% 3 Month Change 6.77% 1 Year Change 118.46% 3 Year Change 107.30% 5 Year Change 91.89% Change since IPO -73.70%
Recent News & Updates
Consensus EPS estimates increase by 14%, revenue downgraded Feb 08 Tower Limited Announces CEO Changes
Upcoming dividend of NZ$0.065 per share Jan 08
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Nov 29 Tower Limited Approves Final Dividend for Fiscal Year 2024, Payable on 30 January 2025
Tower Limited, Annual General Meeting, Feb 11, 2025 Nov 01 See more updates
Consensus EPS estimates increase by 14%, revenue downgraded Feb 08 Tower Limited Announces CEO Changes
Upcoming dividend of NZ$0.065 per share Jan 08
Full year 2024 earnings: Revenues and EPS in line with analyst expectations Nov 29 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
Consensus EPS estimates increase by 23% Sep 10
Consensus EPS estimates increase by 11% Aug 13
Investors Still Aren't Entirely Convinced By Tower Limited's (NZSE:TWR) Earnings Despite 26% Price Jump Jul 31
Tower Limited Updates Earnings Guidance for the Year Ending September 30, 2024 Jun 13
Upcoming dividend of NZ$0.03 per share Jun 05
Price target increased by 18% to NZ$0.90 Apr 18
Tower Limited to Report First Half, 2024 Results on May 28, 2024 Apr 16
Market Still Lacking Some Conviction On Tower Limited (NZSE:TWR) Apr 16
Consensus EPS estimates increase by 81% Apr 14
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
Consensus EPS estimates fall by 17% Nov 30
New minor risk - Earnings quality Nov 26
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
Consensus EPS estimates have been downgraded. Jul 21
Price target decreased by 7.1% to NZ$0.78 Jul 20
First half 2023 earnings released: NZ$0.02 loss per share (vs NZ$0.007 profit in 1H 2022) May 31
Price target decreased by 9.1% to NZ$0.80 May 30
Consensus EPS estimates fall by 49%, revenue upgraded May 11 Tower Limited Provides Earnings Guidance for the First Half of Fiscal Year 2023
Consensus EPS estimates fall by 12%, revenue upgraded Mar 04
Should Shareholders Reconsider Tower Limited's (NZSE:TWR) CEO Compensation Package? Feb 21
Consensus EPS estimates fall by 15% Feb 18
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 NZ$82k worth of stock Dec 31
Tower Limited, Annual General Meeting, Feb 28, 2023 Dec 19
Full year 2022 earnings: EPS and revenues miss analyst expectations Nov 25
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
Price target decreased to NZ$0.90 May 30
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 27
Price target decreased to NZ$1.00 Sep 27
Upcoming dividend of NZ$0.025 per share Jun 23
First half 2021 earnings released: EPS NZ$0.027 (vs NZ$0.035 in 1H 2020) May 28
Chief Executive Officer recently bought NZ$69k worth of stock May 28
Tower Confirms Interim Dividend, Payable on 14 July, 2021 May 26
Consensus forecasts updated May 24
Tower Limited to Declare an Interim Dividend May 17
Trade Alert: The Chief Executive Officer Of Tower Limited (NZSE:TWR), Blair Turnbull, Has Just Spent NZ$71k Buying 58% More Shares Mar 03
Chief Executive Officer recently bought NZ$71k worth of stock Mar 03
Price target raised to NZ$1.15 Mar 01
Analysts update estimates Mar 01
New 90-day high: NZ$0.73 Feb 23
Do Institutions Own Tower Limited (NZSE:TWR) Shares? Feb 17
Tower's(NZSE:TWR) Share Price Is Down 61% Over The Past Five Years. Jan 24
Has Tower Limited's (NZSE:TWR) Impressive Stock Performance Got Anything to Do With Its Fundamentals? Dec 30
Tower Limited, Annual General Meeting, Feb 23, 2021 Dec 10
Have Insiders Been Buying Tower Limited (NZSE:TWR) Shares This Year? Dec 09
Independent Non-Executive Director recently bought NZ$62k worth of stock Dec 09
Independent Chairman recently bought NZ$120k worth of stock Dec 02
Revenue and earnings miss expectations Nov 29
Full year 2020 earnings released: EPS NZ$0.029 Nov 29
New 90-day high: NZ$0.61 Nov 24
Tower Limited to Report Q4, 2020 Results on Nov 25, 2020 Oct 30
New 90-day low - NZ$0.56 Sep 03
New 90-day low - NZ$0.57 Aug 14 Shareholder Returns TWR NZ Insurance NZ Market 7D 2.2% -3.1% 0.8% 1Y 118.5% 21.0% 7.1%
See full shareholder returns
Return vs Market: TWR exceeded the NZ Market which returned 7.1% over the past year.
Price Volatility Is TWR's price volatile compared to industry and market? TWR volatility TWR Average Weekly Movement 3.2% Insurance Industry Average Movement 3.2% Market Average Movement 4.2% 10% most volatile stocks in NZ Market 9.5% 10% least volatile stocks in NZ Market 2.9%
Stable Share Price: TWR has not had significant price volatility in the past 3 months compared to the NZ market.
Volatility Over Time: TWR's weekly volatility (3%) 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 NZ$538.87m Earnings (TTM ) NZ$70.88m Revenue (TTM ) NZ$578.83m
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
9.2% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/02/16 07:25 End of Day Share Price 2025/02/14 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 .
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.
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Analyst Sources Tower Limited is covered by 11 analysts. 3 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.
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