ZIM Integrated Shipping Services (ZIM) Expected to Announce Quarterly Earnings on Monday

ZIM Integrated Shipping Services (NYSE:ZIMGet Free Report) is anticipated to release its Q1 2025 earnings data before the market opens on Monday, May 19th. Analysts expect ZIM Integrated Shipping Services to post earnings of $1.84 per share and revenue of $1.84 billion for the quarter.

ZIM Integrated Shipping Services (NYSE:ZIMGet Free Report) last posted its quarterly earnings data on Wednesday, March 12th. The company reported $4.66 earnings per share for the quarter, beating the consensus estimate of $3.47 by $1.19. ZIM Integrated Shipping Services had a net margin of 19.26% and a return on equity of 48.63%. The company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $1.99 billion. On average, analysts expect ZIM Integrated Shipping Services to post $17 EPS for the current fiscal year and $3 EPS for the next fiscal year.

ZIM Integrated Shipping Services Stock Performance

NYSE:ZIM opened at $18.42 on Friday. ZIM Integrated Shipping Services has a twelve month low of $11.04 and a twelve month high of $30.15. The company has a current ratio of 1.33, a quick ratio of 1.26 and a debt-to-equity ratio of 1.11. The company has a 50-day moving average of $15.14 and a 200-day moving average of $18.77. The firm has a market cap of $2.22 billion, a price-to-earnings ratio of 1.54, a price-to-earnings-growth ratio of 0.27 and a beta of 1.84.

ZIM Integrated Shipping Services Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Monday, March 24th were given a dividend of $3.17 per share. This is a positive change from ZIM Integrated Shipping Services’s previous quarterly dividend of $2.81. The ex-dividend date of this dividend was Monday, March 24th. This represents a $12.68 annualized dividend and a dividend yield of 68.85%. ZIM Integrated Shipping Services’s dividend payout ratio (DPR) is 6.51%.

Analyst Ratings Changes

Several research firms have recently weighed in on ZIM. JPMorgan Chase & Co. reduced their price objective on shares of ZIM Integrated Shipping Services from $10.00 to $9.50 and set an “underweight” rating for the company in a research report on Friday, March 7th. Bank of America reduced their price objective on shares of ZIM Integrated Shipping Services from $16.00 to $12.80 and set an “underperform” rating for the company in a research note on Friday, April 11th. Barclays reduced their price objective on shares of ZIM Integrated Shipping Services from $13.50 to $12.00 and set an “underweight” rating for the company in a research note on Wednesday, April 16th. Finally, Jefferies Financial Group upped their price objective on shares of ZIM Integrated Shipping Services from $15.00 to $16.00 and gave the company a “hold” rating in a research note on Tuesday. Five research analysts have rated the stock with a sell rating, one has given a hold rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.66.

Read Our Latest Stock Report on ZIM

Institutional Trading of ZIM Integrated Shipping Services

Several institutional investors have recently made changes to their positions in ZIM. NewEdge Advisors LLC bought a new position in ZIM Integrated Shipping Services during the first quarter valued at approximately $210,000. Royal Bank of Canada raised its position in ZIM Integrated Shipping Services by 8.2% during the first quarter. Royal Bank of Canada now owns 40,827 shares of the company’s stock valued at $596,000 after acquiring an additional 3,102 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in ZIM Integrated Shipping Services by 20.1% during the first quarter. Goldman Sachs Group Inc. now owns 4,720,986 shares of the company’s stock valued at $68,879,000 after acquiring an additional 788,514 shares in the last quarter. 21.42% of the stock is currently owned by institutional investors and hedge funds.

About ZIM Integrated Shipping Services

(Get Free Report)

ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of customers, including end-users, consolidators, and freight forwarders.

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Earnings History for ZIM Integrated Shipping Services (NYSE:ZIM)

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