Brokerages forecast that Titan International, Inc. (NYSE:TWI) will report earnings of $0.11 per share for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Titan International’s earnings. The lowest EPS estimate is $0.10 and the highest is $0.11. Titan International reported earnings of ($0.04) per share in the same quarter last year, which indicates a positive year over year growth rate of 375%. The firm is scheduled to announce its next quarterly earnings results on Thursday, August 3rd.

On average, analysts expect that Titan International will report full-year earnings of ($0.07) per share for the current fiscal year, with EPS estimates ranging from ($0.14) to $0.00. For the next year, analysts forecast that the business will report earnings of $0.38 per share, with EPS estimates ranging from $0.15 to $0.60. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover Titan International.

Titan International (NYSE:TWI) last issued its quarterly earnings results on Thursday, May 4th. The industrial products company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.09) by $0.09. The firm had revenue of $357.50 million for the quarter, compared to the consensus estimate of $332.14 million. Titan International had a negative net margin of 3.12% and a negative return on equity of 11.22%. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.33) earnings per share.

A number of brokerages have commented on TWI. Sidoti raised shares of Titan International from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 18th. Jefferies Group LLC reaffirmed an “underperform” rating and set a $14.00 target price (up from $11.50) on shares of Titan International in a research note on Friday, April 14th. Zacks Investment Research downgraded shares of Titan International from a “buy” rating to a “hold” rating in a research note on Saturday, July 1st. Finally, TheStreet raised shares of Titan International from a “d+” rating to a “c-” rating in a research note on Friday, June 30th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. Titan International has a consensus rating of “Buy” and an average price target of $14.00.

Shares of Titan International (NYSE:TWI) traded down 1.06% during trading on Friday, reaching $12.14. 288,238 shares of the company traded hands. Titan International has a 52 week low of $5.98 and a 52 week high of $14.23. The stock’s market capitalization is $724.24 million. The firm has a 50 day moving average of $11.90 and a 200 day moving average of $11.41.

The company also recently announced a quarterly dividend, which was paid on Friday, July 14th. Shareholders of record on Friday, June 30th were paid a dividend of $0.005 per share. This represents a $0.02 dividend on an annualized basis and a yield of 0.16%. The ex-dividend date of this dividend was Wednesday, June 28th. Titan International’s dividend payout ratio (DPR) is presently -2.78%.

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A number of institutional investors have recently modified their holdings of the company. Stifel Financial Corp boosted its stake in shares of Titan International by 0.9% in the first quarter. Stifel Financial Corp now owns 11,363 shares of the industrial products company’s stock worth $119,000 after buying an additional 104 shares in the last quarter. Arizona State Retirement System boosted its stake in shares of Titan International by 1.3% in the first quarter. Arizona State Retirement System now owns 22,831 shares of the industrial products company’s stock worth $236,000 after buying an additional 300 shares in the last quarter. Thrivent Financial for Lutherans boosted its stake in shares of Titan International by 5.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 23,480 shares of the industrial products company’s stock worth $263,000 after buying an additional 1,150 shares in the last quarter. Mason Street Advisors LLC boosted its stake in shares of Titan International by 17.7% in the first quarter. Mason Street Advisors LLC now owns 11,264 shares of the industrial products company’s stock worth $116,000 after buying an additional 1,696 shares in the last quarter. Finally, Comerica Bank boosted its stake in shares of Titan International by 4.3% in the first quarter. Comerica Bank now owns 48,382 shares of the industrial products company’s stock worth $527,000 after buying an additional 1,974 shares in the last quarter. 85.16% of the stock is currently owned by institutional investors.

Titan International Company Profile

Titan International, Inc is a wheel, tire, and undercarriage industrial manufacturer and supplier. The Company’s segments are agricultural, earthmoving/construction, and consumer. The Company produces a range of products to meet the specifications of original equipment manufacturers (OEMs) and aftermarket customers in the agricultural, earthmoving/construction, and consumer markets.

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