TGLS Stock Recent News

Stocks like PCAR, ZTS, AVGO and TGLS recently announced dividend hikes.

Miami, FL, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced that its Board of Directors has approved a 36% increase in the quarterly dividend on its ordinary shares, to $0.15 per share from $0.11 per share. At the new rate, the dividend on an annualized basis will be $0.60 per share compared to the previous rate of $0.44 per share. Shareholders of record as of the close of business on December 31, 2024 will be paid a dividend of $0.15 on January 31, 2025.

Miami, FL, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced that the Company will attend the Raymond James 2024 TMT & Consumer Conference in New York, NY on Tuesday, December 10, 2024.

Does Tecnoglass (TGLS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here is how Tecnoglass (TGLS) and Urban Outfitters (URBN) have performed compared to their sector so far this year.

Tecnoglass has demonstrated robust growth and profitability, driven by strong management, innovation, and favorable market trends, leading us to maintain our Buy rating. The company's fully integrated business model, superior profitability, top-tier operational efficiency, and focus on sustainable construction have resulted in substantial outperformance. TGLS's innovation, including its entry into the vinyl market, has expanded its TAM and strengthened its growth profile, supporting its premium valuation.

Miami, FL, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced that the Company will attend the Baird 2024 Global Industrial Conference in Chicago, IL on Wednesday, November 13, 2024.

Tecnoglass Inc. (NYSE:TGLS ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Brad Cray - Investor Relations Jose Manuel Daes - Chief Executive Officer and Director Christian Daes - Chief Operating Officer and Director Santiago Giraldo - Chief Financial Officer Conference Call Participants Sam Darkatsh - Raymond James Alex Hantman - Sidoti & Company Tim Wojs - Baird Alex Rygiel - B. Riley FBR Jean Ramirez - D.A.

Tecnoglass (TGLS) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.98 per share a year ago.

- Record Revenue of $238.3 Million, Up 13.1% Year-Over-Year Driven Entirely by Organic Growth - - Single-Family Residential Revenue increased to a Record $109.7 Million, Up 25.0% Year-Over-Year - - Gross Margin of 45.8%, Up 290 Basis Points Year-Over-Year - - Net Income of $49.5 Million, or $1.05 Per Diluted Share - - Adjusted Net Income 1 of $50.9 Million, or $1.08 Per Diluted Share - - Adjusted EBITDA 1 of $81.4 Million, Up 14.2% Year-Over-Year, Representing 34.2% of Total Revenues - - Strong Cash Flow from Operations of $41.5 Million - - Record Low Net Leverage Ratio of 0.01x at Quarter End - - Backlog Expands Year-Over-Year for the 30th Consecutive Quarter to a Record $1.04 Billion - - Board Approves 36% Increase in Quarterly Dividend, Expands Share Repurchase Program to $100 Million, Concludes Review of Strategic Alternatives and Affirms Commitment to Value Creation Strategy - - Strengthens Full Year 2024 Guidance Range - Miami, FL, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, In