ZIM Integrated Shipping Services Ltd. (ZIM)
| Market Cap | 1.19B |
| Revenue (ttm) | 6.15B |
| Net Income (ttm) | -2.13B |
| Shares Out | 120.25M |
| EPS (ttm) | -17.75 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $6.40 (64.84%) |
| Ex-Dividend Date | Apr 4, 2023 |
| Volume | 5,905,717 |
| Open | 9.90 |
| Previous Close | 9.77 |
| Day's Range | 9.52 - 10.24 |
| 52-Week Range | 6.39 - 25.12 |
| Beta | 1.76 |
| Analysts | Hold |
| Price Target | 6.40 (-35.16%) |
| Earnings Date | Nov 15, 2023 |
About ZIM
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. The company also offers ZIMonitor, a premium reefer cargo tracking service. As of December 31, 2022, it operated a fleet of 150 vessels, which included 139 container vessels and 11 vehicle transport vessels, of which nine vessels were owned ... [Read more]
Financial Performance
In 2022, ZIM's revenue was $12.56 billion, an increase of 17.08% compared to the previous year's $10.73 billion. Earnings were $4.62 billion, a decrease of -0.45%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for ZIM stock is "Hold." The 12-month stock price forecast is $6.4, which is a decrease of -35.16% from the latest price.
News
ZIM Integrated Shipping stock braces for new normal in 2024
ZIM Integrated (NYSE: ZIM) stock price will be in the spotlight this week as investors focus on the embattled shipping industry. The shares ended the year at $10, about 56% above the lowest level in 2...
ZIM Integrated stock short squeeze continues: what next?
ZIM Integrated (NYSE: ZIM) stock price is roaring back as investors predict more shipping demand as interest rates starts falling. The shares jumped by more than 10% on Monday, reaching a high of $10....
ZIM Announces Measures in Response to Threats in the Arabian and Red Seas
HAIFA, Israel , Nov. 27, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, reaffirmed today its continued commitment to serve the East...
ZIM Integrated stock: Plot thickens as dividend drought continues
ZIM Integrated Shipping (NYSE: ZIM) stock price collapsed by more than 7% on Wednesday as the company published weak financial results. It plunged to a low of $7.22, which was much lower than the clos...
ZIM Reports Financial Results for the Third Quarter and the First Nine Months of 2023
Reported Revenues of $1,273 Million, Net Loss of $2,270 Million (Including a Non-Cash Impairment Loss of $2,063 Million) 1 , Adjusted EBITDA 2 of $211 Million and Adjusted EBIT Loss2 of $213 Million ...
ZIM: Pessimism Is Peaking
ZIM Integrated Shipping Services Ltd. (ZIM, Financial), a marine transportation company, is starting to look interesting.
ZIM Integrated stock: Avoid as Maersk warns of subdued demand
ZIM Integrated (NYSE: ZIM) stock price has been in a strong freefall as concerns about the shipping industry faces multiple headwinds. The stock plunged to a low of $7.82 this week, the lowest point s...
ZIM to Release Third Quarter 2023 Results on Wednesday, November 15, 2023
HAIFA, Israel , Oct. 25, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its third quarter 2023 financial results on Wednesday, Nov...
ZIM Integrated stock outlook: Is it too cheap or a value trap?
ZIM Integrated (NYSE: ZIM) stock price has been in a strong bearish trend in the past few months. The shares crashed to a low of $10.98 last week, the lowest level since April 2021.
Ship4wd Facilitates Global Supply Chain Flow for Small and Medium-Sized Businesses with $3M of Credit Utilized by Customers in the First Month of New Financing Solution
Reaching this new milestone underscores the value of Ship4wd's new financial solution as it opens additional avenues of global trade and improves cash flow for underserved importers and exporters with...
ZIM Announces a New Operational Collaboration Agreement with MSC on Multiple Trades
Mutually Beneficial Arrangement Delivers Cost Efficiencies, While Upholding the Highest Standards of Service and Reliability HAIFA, Israel , Sept. 6, 2023 /PRNewswire/ -- ZIM Integrated Shipping Servi...
Ship4wd Recognized as Best Freight Forwarder for Small and Mid-sized Businesses in the U.S. and Canada at the 11th Annual Global Brand Awards
Ship4wd received the award for the Best Freight Forwarding Company for SMBs in the United States and Canada, recognizing its industry-leading innovation that is leveling the global supply chain playin...
ZIM Integrated dividend drought continues as outlook darkens
ZIM Integrated's (NYSE: ZIM) woes continued in Q2 as demand for shipping waned and shipping costs tumbled. Its revenue plunged to $3.4 billion during the quarter from $1.34 billion in the same quarter...
ZIM Reports Financial Results for the Second Quarter of 2023
Reported Revenues of $1.3 Billion, Net Loss of $213 Million, Adjusted EBITDA 1 of $275 Million and Adjusted EBIT Loss 1 of $147 Million HAIFA, Israel , Aug. 16, 2023 /PRNewswire/ -- ZIM Integrated S...
ZIM Integrated stock price: Technicals point to a 28% upside
ZIM Integrated (NYSE: ZIM) stock price has bounced back as investors bought the company's dip. The shares jumped to $15.85 on Thursday, which was higher than the year-to-date low of $11.87.
ZIM to Release Second Quarter 2023 Results on Wednesday, August 16, 2023
HAIFA, Israel , July 26, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its second quarter 2023 financial results on Wednesday, Au...
ZIM Updates its Outlook for 2023
Company Now Expects to Generate in 2023 Adjusted EBITDA of $1.2-$1.6 Billion and Adjusted EBIT Loss of $500-$100 Million 1 HAIFA, Israel , July 12, 2023 /PRNewswire/ -- ZIM Integrated Shipping Service...
ZIM Integrated stock: Outlook as shipping costs plunge continues
ZIM Integrated (NYSE: ZIM) stock price has moved sideways in the past few days as investors assess trends in the shipping industry. The shares were trading at $12.62, a few points above the year-to-da...
How To Earn $500 A Month From ZIM Integrated Shipping Stock - ZIM Integrated Shipping (NYSE:ZIM)
Jefferies Financial Group on Tuesday maintained ZIM Integrated Shipping Services Ltd ZIM with a Hold rating, but lowered its price target from $16 to $13.
Ship4wd Changes Freight Industry Standards for SMBs with New $10,000 Instant Credit Line, Ability to Pay for Shipments 90 Days After Arrival, Secure Online Checkouts
Small and medium-sized enterprises receive unprecedented access to instant $10,000 credit lines* and in-platform secure online payment options offering credit card and online bank transfers (ACH Debit...
ZIM Expands Partnership with 40Seas to Offer Flexible Digital Financing Solutions to its Customer Base
HAIFA, Israel , June 21, 2023 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd (NYSE: ZIM) announced today the expansion of its partnership with cross-border trade financing platform 40Seas , in...
ZIM Integrated Shipping stock price: the plot thickens
ZIM Integrated (NYSE: ZIM) stock price has crashed hard after the company canceled its dividend as the shipping industry recoils. The shares plunged to a low of $12.95, the lowest level since January ...
INVESTIGATION REMINDER: The Schall Law Firm Announces it is Investigating Claims Against ZIM Integrated Shipping Services Ltd. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES--(BUSINESS WIRE)---- $ZIM #ZIM--The Schall Law Firm Announces it is Investigating Claims Against ZIM Integrated Shipping Services Ltd. and Encourages Investors to Contact the Firm.
SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against ZIM Integrated Shipping Services Ltd. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / May 22, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of ZIM Integrated Shi...
INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against ZIM Integrated Shipping Services Ltd. and Encourages Investors with Losses to Contact the Firm
LOS ANGELES--(BUSINESS WIRE)---- $ZIM #ZIM--The Schall Law Firm Announces it is Investigating Claims Against ZIM Integrated Shipping Services Ltd. and Encourages Investors to Contact the Firm.