Millicom International Cellular (TIGO) Stock Price, News & Analysis

Company Overview

Millicom International Cellular S.A. is a telecommunications and digital services company that operates under the Tigo brand. The company provides mobile voice and data services, fixed broadband, pay television, and other connectivity solutions to consumers and businesses in Latin America.

Millicom also offers digital financial services, including mobile money and payment products through Tigo Money in selected markets. Its business-to-business operations provide connectivity, cloud, cybersecurity, data center, and digital solutions to enterprises, governments, and other organizations.

Founded in 1990, Millicom has developed a telecommunications presence across Latin America, serving markets including Bolivia, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, and Paraguay. The company is headquartered in Luxembourg and has historically operated under the Tigo brand in its principal markets. Marcelo Benitez serves as Millicom’s president and chief executive officer.

Key Stats

• Today's Range: $84.65 to $88.42
• 50-Day Range: $85.61 to $104.31
• 52-Week Range: $44.88 to $107.13
• Volume: 993,619 shs
• Average Volume: 807,665 shs
• Market Capitalization: $14.93 billion
• P/E Ratio: 22.30
• Dividend Yield: 3.40%
• Price Target: $85.68
• Consensus Rating: Hold

Millicom International Cellular Stock Analysis - MarketRank™

Millicom International Cellular scored higher than 79% of companies evaluated by MarketBeat, and ranked 60th out of 237 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.1 / 5
• Analyst Rating: Hold

Consensus Rating

Millicom International Cellular has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on no strong buy ratings, 3 buy ratings, 3 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Millicom International Cellular is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Millicom International Cellular has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 80.08%

Earnings Growth

Earnings for Millicom International Cellular are expected to grow by 80.08% in the coming year, from $2.41 to $4.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Millicom International Cellular is 22.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 44.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Millicom International Cellular is 22.30, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 232.67.

Price to Book Value per Share Ratio

Millicom International Cellular has a P/B Ratio of 4.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.81% of the float of Millicom International Cellular has been sold short.

Short Interest Ratio / Days to Cover

Millicom International Cellular has a short interest ratio ("days to cover") of 3.99, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Millicom International Cellular has recently decreased by 7.52%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Millicom International Cellular pays a meaningful dividend of 3.40%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Millicom International Cellular does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Millicom International Cellular is 75.76%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Millicom International Cellular will have a dividend payout ratio of 69.12% next year. This indicates that Millicom International Cellular will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.60

News Sentiment

Millicom International Cellular has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Millicom International Cellular this week, compared to 3 articles on an average week.

Search Interest

Only 2 people have searched for TIGO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

4 people have added Millicom International Cellular to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Millicom International Cellular insiders have not sold or bought any company stock.

Percentage Held by Insiders

0.52% of the stock of Millicom International Cellular is held by insiders.

Percentage Held by Institutions

Millicom International Cellular has minimal institutional ownership at this time.

Company Calendar

• Last Earnings: 5/12/2026
• Record date for 7/15 Dividend: 7/08/2026
• Ex-Dividend for 7/15 Dividend: 7/08/2026
• Dividend Payable: 7/15/2026
• Today: 10/04/2026
• Record date for 10/15 Dividend: 10/08/2026
• Ex-Dividend for 10/15 Dividend: 10/08/2026
• Dividend Payable: 10/15/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Communication Services
• Industry: Diversified Telecommunication Services
• Sub-Industry: Integrated Telecommunication Services
• Current Symbol: NASDAQ:TIGO
• Previous Symbol: NASDAQ:MICC
• CIK: 912958
• Web: www.millicom.com
• Phone: (522) 775-9021
• Fax: 352-2775-9359
• Employees: 15,000
• Year Founded: 1990

Price Target and Rating

• Average Price Target for Millicom International Cellular: $85.68
• High Price Target: $105.00
• Low Price Target: $55.00
• Potential Upside/Downside: -3.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.29
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $3.96
• Trailing P/E Ratio: 22.30
• Forward P/E Ratio: 36.65
• P/E Growth: N/A
• Net Income: $1.32 billion
• Net Margins: 9.19%
• Pretax Margin: 13.32%
• Return on Equity: 18.39%
• Return on Assets: 3.12%

Debt

• Debt-to-Equity Ratio: 3.07
• Current Ratio: 0.53
• Quick Ratio: 0.51

Sales & Book Value

• Annual Sales: $5.82 billion
• Price / Sales: 2.57
• Cash Flow: $10.85 per share
• Price / Cash Flow: 8.14
• Book Value: $21.04 per share
• Price / Book: 4.20

Miscellaneous

• Outstanding Shares: 169,000,000
• Free Float: 168,121,000
• Market Cap: $14.93 billion
• Optionable: Optionable
• Beta: 0.93