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FAQs
What is the future forecast for ZIM stock? ›
Stock Price Forecast
The 5 analysts with 12-month price forecasts for ZIM stock have an average target of 12.01, with a low estimate of 7.80 and a high estimate of 20. The average target predicts a decrease of -40.43% from the current stock price of 20.16.
Currently there's no upside potential for ZIM, based on the analysts' average price target. ZIM Integrated Shipping Services has a consensus rating of Moderate Sell which is based on 1 buy ratings, 1 hold ratings and 3 sell ratings.
Is ZIM paying dividends in 2024? ›On May 21, 2024, ZIM announced a dividend payment of $0.23 per ordinary share (approximately $28.0 million), to holders of the ordinary shares as of June 4, 2024. Payment of the Dividend is expected to be made on June 11, 2024 (the "Payment Date").
What is the earnings of ZIM in 2024? ›Net income for the first quarter of 2024 was $92 million, compared to net loss of $58 million for the first quarter of 2023, also mainly driven by the above-mentioned increase in revenues. Adjusted EBITDA for the first quarter of 2024 was $427 million, compared to $373 million for the first quarter of 2023.
How many times a year does ZIM pay dividends? ›ZIM Dividend Information
ZIM has a dividend yield of 1.17% and paid $0.23 per share in the past year. The dividend is paid every three months and the last ex-dividend date was Jun 4, 2024.
Largest shareholders include Ion Asset Management Ltd., Susquehanna International Group, Llp, Susquehanna International Group, Llp, Citadel Advisors Llc, Susquehanna International Group, Llp, Menora Mivtachim Holdings Ltd., BlackRock Inc., Citadel Advisors Llc, Morgan Stanley, and American Century Companies Inc .
Is Zim stock a good long-term investment? ›Is ZIM Stock a Buy, According to Analysts? ZIM stock currently has a Hold rating based on one Buy rating, one Hold, and two Sell ratings given by analysts in the past three months. The average ZIM Integrated Shipping Services stock price target is $10.01, with a high forecast of $18.00 and a low forecast of $5.00.
Why is Zim shipping stock so cheap? ›The stock was caught in the doldrums last year due to weak demand and investor concerns about its debt. But the company's outlook improved in early 2024 as tensions in the Middle East disrupted key shipping lanes and caused shipping rates to climb.
Is Zim shipping a good company? ›ZIM Integrated Shipping Services Reviews FAQs
ZIM Integrated Shipping Services has an overall rating of 4.3 out of 5, based on over 1,484 reviews left anonymously by employees. 91% of employees would recommend working at ZIM Integrated Shipping Services to a friend and 84% have a positive outlook for the business.
Last dividend for ZIM Integrated Shipping Service (ZIM) as of June 12, 2024 is 0.23 USD. The forward dividend yield for ZIM as of June 12, 2024 is 2.61%. Dividend history for stock ZIM (ZIM Integrated Shipping Service) including historic stock price, payout ratio history and split, spin-off and special dividends.
What is the debt of ZIM? ›
Net debt position as of December 31, 2023, was $2.31 billion compared to a net cash position of $279 million as of December 31, 2022, a decrease of $2.59 billion. ZIM's net leverage ratio as of December 31, 2023, was 2.2x, compared to 0.0x as of December 31, 2022.
How high will ZIM stock go? ›Based on short-term price targets offered by four analysts, the average price target for ZIM Integrated Shipping Services comes to $13.05. The forecasts range from a low of $9.20 to a high of $20.00. The average price target represents a decline of 35.27% from the last closing price of $20.16.
What is the earnings forecast for ZIM? ›What is ZIM EPS forecast? ZIM EPS forecast for the fiscal quarter 2024 (Q2) is $0.29.
What is the intrinsic value of Zim stock? ›As of 2024-06-20, the Intrinsic Value of ZIM Integrated Shipping Services Ltd (ZIM) is (257.46) USD.
What is the alternative to Zim stock? ›The main competitors of ZIM Integrated Shipping Services include Frontline (FRO), Scorpio Tankers (STNG), TORM (TRMD), Star Bulk Carriers (SBLK), Cadeler A/S (CDLR), SFL (SFL), DHT (DHT), Costamare (CMRE), Danaos (DAC), and Dorian LPG (LPG).
What is the book value of Zim stock? ›ZIM Integrated Shipping Services's current price is $18.53. Its book value per share for the quarter that ended in Mar. 2024 was $21.12. Hence, today's PB Ratio of ZIM Integrated Shipping Services is 0.88.