Tower Share Price and Company Fundamentals
Last traded: Yesterday at 5:01 AM
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, as well as motorhome, campervan and RV insurance. It also offers multi-policy discount insurance. Tower Limited was founded in 1869 and is headquartered in Auckland, New Zealand.
Key Metrics
PE ratio
11.21
PB ratio
2.05
Dividend yield
11.69%
Beta
0.10
Market cap
$539.16M
Enterprise value
$449.31M
Company profile
| Industry / Sector | Insurance - Property & Casualty / Financial Services |
|---|---|
| Full time employees | 966 |
| Website | https://www.tower.co.nz |
| Mailing address | 136 Fanshawe Street Level 5 PO Box 90347 Auckland 1142 New Zealand |
| Phone / Fax | 64 9 369 2000 / 64 9 369 2245 |
Dividends
More: Tower Dividend history, yield and payout ratio
Dividend yield
11.69%
Dividend amount
$0.18
Payout ratio
145.49%
5Y Avg. yield
-%
Tower paid $0.18 dividend and the ex-dividend date was 10 Jun 2026.The dividend payout ratio is 145.49%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.TWR dividend payout ratio is more than 90% making it difficult for the company to maintain the dividends and increase it year by year.
Company Executives
As of Jun 2026, following are the company executives and directors listed on Tower.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Paul Johnston | Chief Executive Officer | ||
| Mr. Simon John Hoole | Interim Chief Financial Officer | ||
| Mr. James Silcock | Head of Strategy, Planning & Investor Relations | ||
| Tania Pearson | General Counsel & Company Secretary | ||
| Ms. Michelle Finch | Chief Customer & Marketing Officer | ||
| Mr. Ronald Mudaliar | Chief Underwriting Officer | ||
| Ms. Emily Davies | Head of Corporate Affairs & Sustainability | ||
| Mr. Steven Wilson | Chief Claims Officer | ||
| Ms. Sharyn Reichstein | Chief Risk Officer | ||
| Johannah Benton | Acting Co Chief Data Digital Officer |
Profitability and management effectiveness
Profit margin
9.37%
Operating margin
10.98%
Return on assets
8.64%
Return on equity
17.17%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Tower is 539.16M and its enterprise value is 449.31M. The enterprise value to revenue ratio of TWR is 0.74. The enterprise value to EBITDA ratio of TWR is 5.22.
The TWR's stocks Beta value is 0.10 making it 90% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Companies similar to Tower (TWR)
- Insurance Australia Group (IAG)
- Medibank Private (MPL)
- Nib Holdings (NHF)
- Qbe Insurance Group (QBE)
- Steadfast Group (SDF)
- Suncorp Group (SUN)
Tower (ASX:TWR) Frequently Asked Questions
1. What is Tower's Stock Symbol?
Tower trades on ASX under the ticker symbol "TWR".
2. What is Tower's stock price today?
One share of TWR stock can currently be purchased for approximately $1.57.
3. How can I contact Tower?
Tower's mailing address is 136 Fanshawe Street Level 5 PO Box 90347 Auckland 1142 New Zealand. The company can be reached via phone at 64 9 369 2000.
4. What is Tower's official website?
The official website of Tower is https://www.tower.co.nz.