company background image
TWR logo

Tower NZSE:TWR Stock Report

Last Price

NZ$1.38

Market Cap

NZ$523.7m

7D

4.5%

1Y

120.8%

Updated

06 Oct, 2024

Data

Company Financials +

Tower Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tower
Historical stock prices
Current Share PriceNZ$1.38
52 Week HighNZ$1.40
52 Week LowNZ$0.58
Beta0.34
11 Month Change21.05%
3 Month Change53.33%
1 Year Change120.80%
33 Year Change115.63%
5 Year Change102.94%
Change since IPO-74.44%

Recent News & Updates

Investors Still Aren't Entirely Convinced By Tower Limited's (NZSE:TWR) Earnings Despite 26% Price Jump

Jul 31
Investors Still Aren't Entirely Convinced By Tower Limited's (NZSE:TWR) Earnings Despite 26% Price Jump

Recent updates

Investors Still Aren't Entirely Convinced By Tower Limited's (NZSE:TWR) Earnings Despite 26% Price Jump

Jul 31
Investors Still Aren't Entirely Convinced By Tower Limited's (NZSE:TWR) Earnings Despite 26% Price Jump

Market Still Lacking Some Conviction On Tower Limited (NZSE:TWR)

Apr 16
Market Still Lacking Some Conviction On Tower Limited (NZSE:TWR)

Should Shareholders Reconsider Tower Limited's (NZSE:TWR) CEO Compensation Package?

Feb 21
Should Shareholders Reconsider Tower Limited's (NZSE:TWR) CEO Compensation Package?

Trade Alert: The Chief Executive Officer Of Tower Limited (NZSE:TWR), Blair Turnbull, Has Just Spent NZ$71k Buying 58% More Shares

Mar 03
Trade Alert: The Chief Executive Officer Of Tower Limited (NZSE:TWR), Blair Turnbull, Has Just Spent NZ$71k Buying 58% More Shares

Do Institutions Own Tower Limited (NZSE:TWR) Shares?

Feb 17
Do Institutions Own Tower Limited (NZSE:TWR) Shares?

Tower's(NZSE:TWR) Share Price Is Down 61% Over The Past Five Years.

Jan 24
Tower's(NZSE:TWR) Share Price Is Down 61% Over The Past Five Years.

Has Tower Limited's (NZSE:TWR) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Dec 30
Has Tower Limited's (NZSE:TWR) Impressive Stock Performance Got Anything to Do With Its Fundamentals?

Have Insiders Been Buying Tower Limited (NZSE:TWR) Shares This Year?

Dec 09
Have Insiders Been Buying Tower Limited (NZSE:TWR) Shares This Year?

Shareholder Returns

TWRNZ InsuranceNZ Market
7D4.5%-0.1%0.7%
1Y120.8%15.0%6.8%

Return vs Industry: TWR exceeded the NZ Insurance industry which returned 15% over the past year.

Return vs Market: TWR exceeded the NZ Market which returned 6.8% over the past year.

Price Volatility

Is TWR's price volatile compared to industry and market?
TWR volatility
TWR Average Weekly Movement3.9%
Insurance Industry Average Movement3.9%
Market Average Movement4.6%
10% most volatile stocks in NZ Market10.1%
10% least volatile stocks in NZ Market3.2%

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 (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1869897Blair Turnbullwww.tower.co.nz

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.

Tower Limited Fundamentals Summary

How do Tower's earnings and revenue compare to its market cap?
TWR fundamental statistics
Market capNZ$523.69m
Earnings (TTM)NZ$34.69m
Revenue (TTM)NZ$456.30m

15.1x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TWR income statement (TTM)
RevenueNZ$456.30m
Cost of RevenueNZ$403.39m
Gross ProfitNZ$52.91m
Other ExpensesNZ$18.23m
EarningsNZ$34.69m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.091
Gross Margin11.60%
Net Profit Margin7.60%
Debt/Equity Ratio0%

How did TWR perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

33%

Payout Ratio