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TWGP [NASD]
Tower Group Inc.
Financial - Property & Casualty Insurance - USA
Index- P/E8.14 EPS (ttm)2.70 Insider Own9.00% Shs Outstand40.48M Perf Week-0.14%
Market Cap889.35M Forward P/E6.28 EPS next Y3.50 Insider Trans-0.03% Shs Float36.84M Perf Month-1.39%
Income94.32M PEG0.36 EPS next Q0.87 Inst Own95.00% Short Float5.29% Perf Quarter-10.07%
Sales848.04M P/S1.05 EPS this Y27.92% Inst Trans-0.03% Short Ratio5.92 Perf Half Y-7.02%
Book/sh22.71 P/B0.97 EPS next Y10.41% ROA4.66% Target Price33.00 Perf Year-16.53%
Cash/sh3.72 P/C5.90 EPS next 5Y22.50% ROE15.24% 52W Range19.49 - 28.09 Perf YTD-6.15%
Dividend0.28 P/FCF7.26 EPS past 5Y50.41% ROI- 52W High-21.77% Beta0.60
Dividend %1.27% Quick Ratio- Sales past 5Y45.35% Gross Margin- 52W Low12.71% ATR0.45
Employees588 Current Ratio- Sales Q/Q96.06% Oper. Margin16.37% RSI (14)41.90 Volatility2.17% 1.96%
OptionableYes Debt/Eq0.26 EPS Q/Q3.50% Profit Margin11.12% Rel Volume1.05 Prev Close21.78
ShortableYes LT Debt/Eq0.26 EarningsMar 01 BMO Payout9.22% Avg Volume328.85K Price21.97
Recom1.80 SMA20-0.33% SMA50-4.54% SMA200-9.35% Volume344,927 Change0.87%
16-Nov-09Upgrade Keefe Bruyette Mkt Perform → Outperform $31 → $32
14-May-09Downgrade Keefe Bruyette Outperform → Mkt Perform
02-Mar-09Reiterated FBR Capital Markets Outperform $35 → $32
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07-Mar-08Reiterated Friedman Billings Outperform $43 → $40
02-Aug-07Reiterated Friedman Billings Outperform $45 → $43
30-Jan-07Reiterated Friedman Billings Outperform $35 → $45
09-Feb-10 06:00AM  Tower Group, Inc. Announces Conference Call to Discuss Fourth Quarter and Year-End Financial Results Business Wire
05-Feb-10 03:53PM  TOWER GROUP, INC. Files SEC form 8-K, Change in Directors or Principal Officers EDGAR Online
03-Feb-10 10:30AM  TOWER GROUP, INC. Files SEC form 8-K, Other Events EDGAR Online
02-Feb-10 06:42PM  Tower Group to acquire OneBeacon personal lines AP
04:48PM  A.M. Best Places Ratings of Massachusetts Homeland and York Insurance of Maine Under Review With Negative Implications Business Wire
04:47PM  A.M. Best Comments on Tower Group, Inc.'s Planned Acquisition of OneBeacon's Personal Lines Business Business Wire
04:01PM  Tower Announces Acquisition of OneBeacon's Personal Lines Division Business Wire
04:00PM  OneBeacon Agrees To Sell Personal Lines Business PR Newswire
29-Jan-10 02:45PM  Tower Group, Inc. to Present at the NYSSA 14th Annual Insurance Conference Business Wire
22-Jan-10 05:29PM  TOWER GROUP, INC. Files SEC form 8-K/A, Completion of Acquisition or Disposition of Assets EDGAR Online
10:44AM  4-Star Stocks Poised to Pop: Tower Group at Motley Fool
21-Jan-10 02:22PM  Don't Miss This Cheap Stock at Motley Fool
06-Jan-10 01:56PM  Sector Snap: Property and casualty insurers AP
03-Dec-09 04:26PM  TOWER GROUP, INC. Files SEC form 8-K, Changes in Registrant's Certifying Accountant EDGAR Online
02-Dec-09 12:31PM  TOWER GROUP, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits EDGAR Online
19-Nov-09 05:14PM  Tower Group CFO Colalucci to retire in March AP
04:47PM  TOWER GROUP, INC. Files SEC form 8-K, Change in Directors or Principal Officers EDGAR Online
04:22PM  InPlay: Tower Group announces that William E. Hitselberger will become Chief Financial Officer effective March 15, 2010 Briefing.com
04:20PM  Tower Announces Planned Retirement of Chief Financial Officer; Appoints New Senior Vice President and Chief Financial Officer Business Wire
17-Nov-09 02:54PM  Tower Group, Inc. to Present at 2009 FBR Capital Markets Fall Investor Conference Business Wire
16-Nov-09 10:20AM  Tower Completes SUAI Acquisition Zacks.com
03:13AM  Tower Group upgraded by Keefe Bruyette Briefing.com
13-Nov-09 06:08PM  Tower Group buys Specialty Underwriters' Alliance AP
05:26PM  TOWER GROUP, INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Financial Statements and Ex EDGAR Online
05:25PM  Tower Completes Acquisition of Specialty Underwriters' Alliance, Inc. Business Wire
09:05AM  TOWER GROUP, INC. Financials EDGAR Online Financials
08-Nov-09 09:19AM  New Star Analyst Rankings for Tower Group, Inc. StarMine
06-Nov-09 06:58PM  Tower Group Falls in Line Zacks.com
05-Nov-09 07:47AM  UPDATE - Tower Group Q3 oper profit rises at Reuters
07:07AM  Q3 2009 Tower Group Inc. Earnings Release - Before Market Open CCBN
06:06AM  TOWER GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibit EDGAR Online
06:00AM  Tower Group, Inc. Reports Strong Third Quarter 2009 Operating Results Business Wire
15-Oct-09 06:05AM  Tower Group, Inc. Announces Conference Call to Discuss Third Quarter 2009 Financial Results Business Wire
06:00AM  Tower Group, Inc. Acquires Workers Compensation Renewal Rights from AequiCap Program Administrators Business Wire
13-Oct-09 05:58PM  Corporate Executive Board acquires TowerGroup AP
07-Oct-09 06:00PM  Cheap Mid-Cap Growth Stocks at Forbes.com
24-Sep-09 04:11PM  5 Stocks Geared for Growth at Motley Fool
16-Sep-09 03:15PM  [$$] Three Under-the-Radar, Fit Financials at RealMoney by TheStreet.com
09-Sep-09 08:03AM  TOWER GROUP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits EDGAR Online
24-Aug-09 04:00PM  Tower Group, Inc. to Present at Keefe, Bruyette & Woods 2009 Insurance Conference Business Wire
05-Aug-09 12:49PM  Tower Group 2nd-quarter profit triples AP
07:40AM  UPDATE - Tower Group Q2 oper profit beats Street at Reuters
06:20AM  Tower Group net rises on sales and portfolio gains at MarketWatch
06:05AM  TOWER GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibit EDGAR Online
06:00AM  Tower Group, Inc. Reports Strong Second Quarter 2009 Operating Results Business Wire
04-Aug-09 02:34PM  5-Star Stocks on the Upswing at Motley Fool
08:08AM  British Banks' Profits Surprise at BusinessWeek
28-Jul-09 12:02PM  Tower Group Enters Oversold Territory Zacks.com
23-Jul-09 06:06AM  TOWER GROUP, INC. Files SEC form 8-K/A, Entry into a Material Definitive Agreement EDGAR Online
22-Jul-09 12:30PM  Tower Group, Inc. Announces Conference Call to Discuss Second Quarter 2009 Financial Results Business Wire
21-Jul-09 01:00AM  Grading Management with ROE Zacks.com
24-Jun-09 04:04PM  A.M. Best Assigns Ratings to CastlePoint Florida Insurance Company Business Wire
23-Jun-09 03:20PM  A.M. Best Comments on Tower Group, Inc.'s Planned Acquisition of Specialty Underwriters' Alliance, Inc. Business Wire
09:41AM  TOWER GROUP, INC. Files SEC form 8-K/A, Other Events EDGAR Online
22-Jun-09 03:05PM  UPDATE - Tower Group to buy Specialty Underwriters' for $107 mln at Reuters
10:43AM  Tower Group to buy insurer for $107 million AP
09:47AM  UPDATE - Tower Group to buy Specialty Underwriters' for $107 mln at Reuters
07:10AM  UPDATE - Tower Group to buy Specialty Underwriters' for $107 mln at Reuters
07:03AM  [$$] Tower Group Agrees to $107 Million Buy of Specialty Underwriters at The Wall Street Journal Online
06:17AM  Tower to acquire SUA in $107 million deal at MarketWatch
06:00AM  Tower Group, Inc. to Acquire Specialty Underwriters' Alliance, Inc. Business Wire
17-Jun-09 02:31PM  TOWER GROUP, INC. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits EDGAR Online
11-Jun-09 12:00PM  Tower Group, Inc. to Present at Fox-Pitt Kelton Cochran Caronia Waller Small & Mid-Cap Bank and Insurance Conference Business Wire
09-Jun-09 04:24PM  [$$] Small-Cap Picks Down in Midday Trading at Barron's Online
08-Jun-09 12:00PM  NBIS Expands Its Leadership Position in the Heavy Construction & Transport Insurance Marketplace Through New Strategic Partnership with Tower Group Companies Business Wire
27-May-09 03:39PM  A.M. Best Upgrades Ratings of Hermitage Insurance Company Business Wire
20-May-09 09:42AM  3 Top PowerRatings Stocks for High Probability Traders: TWGP, PRSC, HANS TradingMarkets.com
15-May-09 01:00PM  Tower Group, Inc. Reports on Annual Meeting of Stockholders Business Wire
13-May-09 06:01AM  TOWER GROUP, INC. Files SEC form 10-Q/A, Quarterly Report EDGAR Online
11-May-09 05:26PM  TOWER GROUP, INC. Files SEC form 10-Q, Quarterly Report EDGAR Online
09-May-09 09:27PM  Pepsico and 6 Other 'Dividend Increasers' at Seeking Alpha
07-May-09 07:28AM  UPDATE - Tower Group Q1 profit beats Street, hikes dividend at Reuters
07:07AM  Q1 2009 Tower Group Inc. Earnings Release - Before Market Open CCBN
06:13AM  TOWER GROUP, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhibit EDGAR Online
06:00AM  Tower Group, Inc. Reports First Quarter 2009 Operating Results; Increases Quarterly Dividend by 40% to $0.07 per share Business Wire
29-Apr-09 06:43PM  Tower Group's Base Shifting, Volume Sturdy Investor's Business Daily
23-Apr-09 03:10PM  Tower Group, Inc. Announces Conference Call to Discuss First Quarter 2009 Financial Results Business Wire
09-Apr-09 10:30AM  IBM's Data Hot Potato at Forbes.com
30-Mar-09 12:30PM  Best Trade Is No Trade For Now at Forbes.com
27-Mar-09 11:30AM  A New High PowerRatings Quintet at Forbes.com
19-Mar-09 11:30AM  Tower Group, Inc. Q4 2008 Earnings Call Transcript at Seeking Alpha
18-Mar-09 06:21PM  Tower Group's Double Bottom Well Shaped Investor's Business Daily
16-Mar-09 06:04AM  TOWER GROUP, INC. Files SEC form 10-K, Annual Report EDGAR Online
02-Mar-09 03:01PM  TOWER GROUP, INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Results of Operations and F EDGAR Online
09:58AM  REFILE-UPDATE - Tower Group Q4 profit doubles at Reuters
07:07AM  Q4 2008 Tower Group Inc. Earnings Release - Before Market Open CCBN
06:00AM  Tower Group, Inc. Reports Record Operating Results for the Fourth Quarter and Full Year 2008 Business Wire
27-Feb-09 03:05PM  Tower Completes Acquisition of Hermitage Insurance Group Business Wire
26-Feb-09 11:56AM  A.M. Best Removes from under Review and Affirms Ratings of Tower Group Companies and CastlePoint Re; Assigns Stable Outlook Business Wire
11-Feb-09 06:39PM  Tower Group Bouncing From Bad Breakout Investor's Business Daily
10-Feb-09 04:00PM  Tower Group, Inc. Announces Conference Call to Discuss Fourth Quarter and Year-End Financial Results Business Wire -5.74%
06-Feb-09 05:55PM  Brazil's Odebrecht to expand Miami metro AP
05-Feb-09 04:50PM  TOWER GROUP, INC. Files SEC form 8-K, Completion of Acquisition or Disposition of Assets EDGAR Online +7.20%
09:05AM  Tower Group, Inc. Completes Acquisition of CastlePoint Holdings, Ltd. Business Wire
29-Jan-09 08:05AM  Tech spending falling at financial firms at bizjournals.com
28-Jan-09 05:15PM  TOWER GROUP, INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits EDGAR Online
04:01PM  Tower Announces the Closing Date for Acquisition of CastlePoint Business Wire
10:52AM  Tower Stockholders Approve Acquisition of CastlePoint Business Wire
27-Jan-09 04:33PM  CastlePoint Holdings owners OK buyout by Tower AP
10:23AM  CastlePoint Shareholders Approve Merger with Tower Business Wire
Tower Group, Inc., through its subsidiaries, provides a range of specialized property and casualty insurance products and services to small to mid-sized businesses and individuals primarily in the northeast, Florida, Texas, and California. Its insurance products include commercial multiple-peril products, such as commercial package policies, businessowners policies, and landlord package policies; commercial products comprising monoline commercial general liability and commercial umbrella policies; workers' compensation; commercial automobile; personal automobile; homeowners policy; and fire and allied lines policies consisting of dwelling and monoline commercial property policies. The company offers its products to businesses, such as residential and commercial buildings, retail and wholesale stores, food service and restaurants, artisan contractors, and garage automotive services. It also produces premiums on behalf of its issuing companies, as well as provides administrative, underwriting, claims administration, and reinsurance intermediary services. The company distributes its products through independent wholesale, and retail agents and brokers. Tower Group was founded in 1989 and is headquartered in New York, New York.
Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4
Smith Courtney CSVP of SUA Insurance CompanyNov 23Option Exercise0.0021,840031,065Nov 25 02:09 PM
Ranegar LaurieSVP, OperationsNov 19Sale24.5780819,85314,539Nov 19 05:12 PM
Fox William W JrDirectorMay 29Buy23.451,00023,4506,121Jun 02 02:24 PM
VAN GORDER JAN RDirectorMay 18Buy24.501,00024,50010,050May 18 07:16 PM
Schuster Steven WDirectorMar 26Sale24.152,00048,2986,673Mar 30 10:29 AM