Tootsie Roll Industries logo

Tootsie Roll IndustriesNYSE: TR

Profile

Industry:

Confectioners

Country:

United States

IPO:

17 March 1980

Next earnings report:

14 February 2025

Last dividends:

08 October 2024

Next dividends:

N/A
$2.26 B
-29%vs. 3y high
64%vs. sector
-46%vs. 3y high
60%vs. sector
-36%vs. 3y high
64%vs. sector
-36%vs. 3y high
85%vs. sector

Price

after hours | Tue, 12 Nov 2024 23:43:04 GMT
$31.64+$1.09(+3.57%)
$225.93 M$32.84 M

Analysts recommendations

Institutional Ownership

TR Latest News

Tootsie Roll: How Sweet It Is
seekingalpha.com01 September 2024 Sentiment: POSITIVE

Tootsie Roll is undervalued with a current P/E ratio of 22.2X, significantly below its historical averages, and a fair value estimate of $40.80. The company has iconic brands, a solid balance sheet with no long-term debt, and performs well during economic downturns. Tootsie Roll offers a 1.21% cash dividend yield and a 3% annual stock dividend, making it attractive for income and dividend growth investors.

Protect Your Portfolio With Tootsie Rolls
seekingalpha.com25 July 2024 Sentiment: POSITIVE

Tootsie Roll survived the 1987 stock market crash, 1990 Gulf War, 2000 Dotcom Bust, 2007-09 Great Recession, 2020 Pandemic, and aggressive 2022 Fed tightening with minimal impact. The company's low debt profile, high profit margins, steady operations, and defensive trading characteristics make it an attractive option during market downturns. A 10-year low valuation setup is now available, with financial ratios uncommonly trading at par to discount readings vs. S&P 500.

2 of Wall Street's Favorite Stocks Likely to Raise Their Dividends This Week
247wallst.com03 June 2024 Sentiment: POSITIVE

∴ Smart Investors Are Quietly Loading Up on These “Dividend Legends” If you want your portfolio to pay you cash like clockwork, it's time to stop blindly following conventional wisdom like relying on Dividend Aristocrats.

Tootsie Roll sees ‘significantly higher' ingredient costs into 2024
Market Watch25 July 2023 Sentiment: NEGATIVE

Tootsie Roll Industries TR, -0.24% experienced higher ingredient costs in 2023, and expects more of the same for 2024.

Tootsie Roll Industries: Don't Expect Rocket-Like Growth, Hold It For The Dividend
Seeking Alpha29 June 2023 Sentiment: POSITIVE

Tootsie Roll Industries is a slow-growth company with a high earnings multiple, but it offers a regular cash and stock dividend. Despite operating in a mature industry with larger competitors, Tootsie Roll has a competitive advantage due to the brand strength of its primary offering and its niche market position. Tootsie Roll's strengths make it a potential long-term buy, but at the current price, it is a hold.

Tootsie Roll Industries: Still Expensive Despite Great Performance
Seeking Alpha23 May 2023 Sentiment: POSITIVE

Tootsie Roll Industries has seen a significant upside in recent months due to favorable financial results. The company's shares appear to be lofty, so investors should tread cautiously moving forward.

What type of business is Tootsie Roll Industries?

Tootsie Roll Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Fruit Rolls, Frooties, Tootsie Pops, Tootsie Mini Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks. The company sells its products directly to wholesale distributors of candy, and food and groceries; and supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, the United States military, and fund-raising charitable organizations, as well as through food and grocery brokers. Tootsie Roll Industries, Inc. was founded in 1896 and is headquartered in Chicago, Illinois.

What sector is Tootsie Roll Industries in?

Tootsie Roll Industries is in the Consumer Defensive sector

What industry is Tootsie Roll Industries in?

Tootsie Roll Industries is in the Confectioners industry

What country is Tootsie Roll Industries from?

Tootsie Roll Industries is headquartered in United States

When did Tootsie Roll Industries go public?

Tootsie Roll Industries initial public offering (IPO) was on 17 March 1980

What is Tootsie Roll Industries website?

https://www.tootsie.com

Is Tootsie Roll Industries in the S&P 500?

No, Tootsie Roll Industries is not included in the S&P 500 index

Is Tootsie Roll Industries in the NASDAQ 100?

No, Tootsie Roll Industries is not included in the NASDAQ 100 index

Is Tootsie Roll Industries in the Dow Jones?

No, Tootsie Roll Industries is not included in the Dow Jones index

When was Tootsie Roll Industries the previous earnings report?

No data

When does Tootsie Roll Industries earnings report?

The next expected earnings date for Tootsie Roll Industries is 14 February 2025