How to buy Tower (TWR) shares
Learn how to easily invest in Tower shares.
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Tower Limited is an insurance-diversified business based in Australia. Tower shares (TWR) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian Dollars. Tower has a trailing 12-month revenue of around $332.9 million. If you're looking to buy shares, check out the steps below.
How to buy shares in Tower
- Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
- Search for Tower . Find the share by name or ticker symbol: TWR. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Tower reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At today's price, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
- Check in on your investment. Congratulations, you own a part of Tower . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
Tower stock price (ASX:TWR)Use our graph to track the performance of TWR stocks over time.
Tower shares at a glance
|52-week range||$0.5149 - $0.8064|
|50-day moving average||$0.6381|
|200-day moving average||$0.6936|
|Dividend yield||$0.025 (4%)|
|Earnings per share (TTM)||$0.02|
Compare share trading platforms
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Is it a good time to buy Tower stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Tower price performance over time
|1 week (2021-10-19)||0.6|
|1 month (2021-09-24)||-7.69%|
|3 months (2021-07-26)||-8.40%|
|6 months (2021-04-26)||-27.27%|
|1 year (2020-10-26)||12.15%|
|2 years (2019-10-25)||-7.69%|
|3 years (2018-10-26)||-12.27%|
|5 years (2016-10-26)||-6.77%|
Is Tower under- or over-valued?
Valuing Tower stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tower 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tower 's P/E ratio
Tower 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Tower shares trade at around 31x recent earnings.
That's comparable to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14).
Tower 's EBITDA
Tower 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $30.6 million (£0.0 million).
The EBITDA is a measure of a Tower 's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$332.9 million|
|Operating margin TTM||9%|
|Gross profit TTM||$37.5 million|
|Return on assets TTM||2.51%|
|Return on equity TTM||2.68%|
|Market capitalisation||$259.3 million|
TTM: trailing 12 months
Tower share dividends
We're not expecting Tower to pay a dividend over the next 12 months.
Have Tower 's shares ever split?
Tower 's shares were split on a 10:13 basis on 2 April 2013. So if you had owned 13 shares the day before before the split, the next day you'd have owned 10 shares. This wouldn't directly have changed the overall worth of your Tower shares – just the quantity. However, indirectly, the new 30% higher share price could have impacted the market appetite for Tower shares which in turn could have impacted Tower 's share price.
Tower share price volatility
Over the last 12 months, Tower 's shares have ranged in value from as little as $0.5149 up to $0.8064. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Tower 's is 0.4339. This would suggest that Tower 's shares are less volatile than average (for this exchange).
Tower Limited provides general insurance products in New Zealand and the Pacific Islands. Its insurance products include car, contents, renters', house, landlord, business, travel, boat, motorbike, lifestyle block and farm, motorhome, and caravan or trailer insurance. The company was founded in 1869 and is based in Auckland, New Zealand.
Tower in the news
Frequently asked questions
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