ZIM Integrated Shipping Services Ltd. (ZIM)

NYSE: ZIM · IEX Real-Time Price · USD
10.02
+0.24 (2.45%)
At close: Mar 27, 2024, 4:00 PM
10.00
-0.02 (-0.20%)
Pre-market: Mar 28, 2024, 4:27 AM EDT
2.45%
Market Cap 1.21B
Revenue (ttm) 5.16B
Net Income (ttm) -2.70B
Shares Out 120.32M
EPS (ttm) -22.42
PE Ratio n/a
Forward PE 4.63
Dividend $6.40 (63.87%)
Ex-Dividend Date Apr 4, 2023
Volume 3,543,701
Open 9.90
Previous Close 9.78
Day's Range 9.74 - 10.12
52-Week Range 6.39 - 24.35
Beta 1.79
Analysts Hold
Price Target 9.75 (-2.69%)
Earnings Date Mar 13, 2024

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 March 1, 2024, it operated a fleet of 150 vessels, which included 134 container vessels and 16 vehicle transport vessels; and as of December 31, 2023, it opera... [Read more]

Industry Marine Shipping
Sector Industrials
IPO Date Jan 28, 2021
Employees 4,778
Stock Exchange NYSE
Ticker Symbol ZIM
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for ZIM stock is "Hold." The 12-month stock price forecast is $9.75, which is a decrease of -2.69% from the latest price.

Price Target
$9.75
(-2.69% downside)
Analyst Consensus: Hold
Stock Forecasts

News

As the ZIM Integrated stock price dips, is it safe to collect?

ZIM Integrated (NYSE: ZIM) stock price has nosedived in the past few weeks as the momentum we saw earlier this year faded. It has also crashed as concerns about the shipping industry remain and as spo...

9 days ago - Invezz

Zim Integrated swings to loss in fiscal Q4

Zim Integrated Shipping Services Ltd (NYSE: is in the red today even though it reported better-than-expected earnings for its fourth financial quarter. Zim Integrated's outlook for fiscal 2024 Shares ...

14 days ago - Invezz

ZIM Reports Financial Results for the Fourth Quarter and the Full Year of 2023

Full Year 2023 Revenue of $5,162 Million and Net Loss of $2,688 Million 1 Adjusted EBITDA and Adjusted EBIT in Line with Guidance: Adjusted EBITDA 2  of $1,049 Million and Adjusted EBIT 2  Loss of $42...

14 days ago - PRNewsWire

ZIM to Release Fourth Quarter and Full Year 2023 Results on Wednesday, March 13, 2024

HAIFA, Israel , Feb. 26, 2024 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its fourth quarter and full year 2023 financial results on...

4 weeks ago - PRNewsWire

Here's why the ZIM Integrated stock price is sinking

ZIM Integrated (NYSE: ZIM) stock price plunged by more than 7% in the pre-market session after a major warning from Maersk, the second-biggest shipping company in the world. The shares crashed to a lo...

6 weeks ago - Invezz

ZIM Integrated stock as investors hope for a big dividend

ZIM Integrated (NYSE: ZIM) stock price continued rising this week as investors continued to anticipate a big dividend. After bottoming at $6.45 in December, the stock has jumped by more than 137%, mak...

7 weeks ago - Invezz

ZIM Integrated Shipping stock outlook: Jefferies sees 50% upside

ZIM Integrated Shipping Services Ltd (NYSE: ZIM) opened sharply up on Monday after a Jefferies analyst issued a super bullish note in its favour.

2 months ago - Invezz

ZIM Integrated, Maersk stock slips as the container index surges

ZIM Integrated (NYSE: ZIM) stock price rally has stalled even as the crisis in the Middle East escalated and container shipping rates surged. The stock, which more than doubled and reached a high of $...

Other symbols: AMKBY
2 months ago - Invezz

ZIM Announces Agreement with Hoopo Systems to Deploy Hoopo's Tracking Devices on ZIM's Dry-Van Container Fleet

The Deployment of hoopoSense Solar Cutting-Edge, Robust, and Cost-efficient Trackers on a Large Scale Puts ZIM at the Forefront of Technological Innovation in this Field ZIM's Smart Container Powered ...

2 months ago - PRNewsWire

Here's why ZIM Integrated stock price could retreat soon – WSJ

ZIM Integrated (NYSE: ZIM) stock price is on track for its best weeks on record. The shares are up by over 31% this week and are sitting at their highest point since August 23rd.

2 months ago - Invezz

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...

3 months ago - Invezz

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....

3 months ago - Invezz

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...

4 months ago - PRNewsWire

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...

4 months ago - Invezz

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 ...

4 months ago - PRNewsWire

ZIM: Pessimism Is Peaking

ZIM Integrated Shipping Services Ltd. (ZIM, Financial), a marine transportation company, is starting to look interesting.

5 months ago - GuruFocus

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...

Other symbols: AMKBY
5 months ago - Invezz

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...

5 months ago - PRNewsWire

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.

6 months ago - Invezz

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - Invezz

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...

8 months ago - PRNewsWire

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.

8 months ago - Invezz