ZIM Integrated Shipping Services (ZIM) to Release Earnings on Monday

ZIM Integrated Shipping Services (NYSE:ZIMGet Free Report) is anticipated to post its Q1 2025 quarterly earnings results 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 announced its quarterly earnings data on Wednesday, March 12th. The company reported $4.66 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $2.17 billion for 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 Price Performance

Shares of NYSE:ZIM opened at $14.28 on Monday. The company’s fifty day moving average price is $15.39 and its 200 day moving average price is $18.89. ZIM Integrated Shipping Services has a 12 month low of $11.04 and a 12 month high of $30.15. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.33 and a quick ratio of 1.26. The firm has a market capitalization of $1.72 billion, a P/E ratio of 1.20, a P/E/G 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. Shareholders of record on Monday, March 24th were paid a $3.17 dividend. The ex-dividend date was Monday, March 24th. This is a positive change from ZIM Integrated Shipping Services’s previous quarterly dividend of $2.81. This represents a $12.68 dividend on an annualized basis and a yield of 88.80%. ZIM Integrated Shipping Services’s payout ratio is currently 6.51%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ZIM. Barclays lowered their target price on shares of ZIM Integrated Shipping Services from $13.50 to $12.00 and set an “underweight” rating on the stock in a report on Wednesday, April 16th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $18.00 target price on shares of ZIM Integrated Shipping Services in a report on Wednesday, March 12th. Bank of America lowered their target price on shares of ZIM Integrated Shipping Services from $16.00 to $12.80 and set an “underperform” rating on the stock in a report on Friday, April 11th. Finally, JPMorgan Chase & Co. lowered their target price on shares of ZIM Integrated Shipping Services from $10.00 to $9.50 and set an “underweight” rating on the stock in a research report on Friday, March 7th. 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 company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $13.06.

Read Our Latest Report on ZIM

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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