FAQs
ZIM stock fell nearly 20% on June 6 after Citi (NYSE:C) downgraded the shipping company from Neutral to Sell, adjusting the price target to $13.00 from the previous $11.60. The bank said ZIM was overexposed to spot prices and noted that the company's contract coverage of trans-Pacific routes was below average.
Is ZIM integrated a good investment? ›
Good news, investors! ZIM Integrated Shipping Services is still a bargain right now. According to our valuation, the intrinsic value for the stock is $24.36, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low.
Will ZIM stock go up? ›
ZIM Stock 12 Month Forecast
Based on 4 Wall Street analysts offering 12 month price targets for ZIM Integrated Shipping Services in the last 3 months. The average price target is $14.18 with a high forecast of $22.00 and a low forecast of $9.20.
What is the price target for ZIM integrated? ›
Stock Price Target ZIM
| High | $27.00 |
|---|
| Median | $17.00 |
| Low | $12.20 |
| Average | $18.24 |
| Current Price | $19.69 |
Last dividend for ZIM Integrated Shipping Service (ZIM) as of Aug. 2, 2024 is 0.23 USD. The forward dividend yield for ZIM as of Aug. 2, 2024 is 2.38%.
Who owns the most shares of ZIM? ›
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 .
What will ZIM stock price be in 2025? ›
Long-Term ZIM Integrated Shipping Services Ltd. Stock Price Predictions
| Year | Prediction | Change |
|---|
| 2025 | $ 32.18 | 69.48% |
| 2026 | $ 54.55 | 187.24% |
| 2027 | $ 92.45 | 386.81% |
| 2028 | $ 156.68 | 725.05% |
2 more rowsAs of 2024-07-30, the Intrinsic Value of ZIM Integrated Shipping Services Ltd (ZIM) is (262.43) USD. This ZIM valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 18.79 USD, the upside of ZIM Integrated Shipping Services Ltd is -1496.6%.
How many times does ZIM pay dividend? ›
Dividend Summary
There are typically 4 dividends per year (excluding specials).
What is the ZIM forecast for 2024? ›
ZIM price started in 2024 at $9.87. Today, ZIM traded at $16.93, so the price increased by 72% from the beginning of the year. The forecasted ZIM price at the end of 2024 is $21.62 - and the year to year change +119%. The rise from today to year-end: +28%.
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 -29.48% from the current stock price of 17.03. * Price targets were last updated on Jun 6, 2024.
Has ZIM stock ever split? ›
We currently have no ZIM Stock Split History on this stock.
Is ZIM profitable? ›
Having taken important steps to revamp our fleet and enhance our cost structure, which exceeded our expectations, we delivered profitable growth in Q1 2024, as ZIM generated net income of $92 million.
Is the 49% dividend yield for ZIM integrated shipping for real? ›
Its 49% dividend is a real standout. It makes one wonder why ZIM isn't a no-brainer buy for income investors. The problem is the underlying volatility of the stock and the shipping container industry and the fallacy of dividends.
Is ZIM a large shipping company? ›
(NYSE: ZIM) has established itself as a leading global container liner shipping company with global operations in over 90 countries serving more than 32,000 customers in approximately 300 ports worldwide.
Did ZIM actually pay dividends? ›
ZIM pays a dividend of $0.23 per share. ZIM's annual dividend yield is 1.35%. When is ZIM Integrated Shipping Services ex-dividend date? ZIM Integrated Shipping Services's previous ex-dividend date was on Jun 04, 2024.
