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

Company Overview

Millicom International Cellular S.A., trading under the TIGO brand, is a Luxembourg‐headquartered telecommunications and media company that provides a range of mobile, cable broadband, digital television and enterprise services. Through its integrated infrastructure, the company delivers voice and data connectivity, high‐speed internet access and pay‐television packages to millions of customers, supported by ongoing investments in network coverage and capacity.

Established in 1990 by Swedish investor Jan Stenbeck, Millicom has grown into a multi‐regional operator focused primarily on Central and South America. Its operations span several Latin American markets, where it offers 4G and 5G mobile services alongside fixed‐line solutions. The company also operates Tigo Money, a digital financial platform that enables mobile payments, money transfers and merchant services, aimed at promoting financial inclusion in underserved communities.

In addition to consumer products, Millicom provides business‐to‐business solutions including cloud services, managed connectivity and IoT applications. Its enterprise portfolio is designed to support corporate clients, small and medium enterprises, and public sector organizations with secure communications, data analytics and network management tools.

Millicom’s strategic priorities center on expanding high‐speed network coverage, enhancing digital ecosystems and driving sustainable growth. By leveraging partnerships, local market expertise and continuous technological upgrades, the company seeks to strengthen its position as a leading digital operator in its core markets.

Key Stats

• Today's Range: $94.45 to $97.60
• 50-Day Range: $80.73 to $98.61
• 52-Week Range: $39.01 to $100.75
• Volume: 1.09 million shs
• Average Volume: 1.57 million shs
• Market Capitalization: $15.98 billion
• P/E Ratio: 12.85
• Dividend Yield: 3.17%
• Price Target: $79.28
• Consensus Rating: Hold

Millicom International Cellular Stock Analysis - MarketRank™

Millicom International Cellular scored higher than 79% of companies evaluated by MarketBeat, and ranked 254th out of 629 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Millicom International Cellular has received a consensus rating of Hold. The company's average rating score is 2.43, and is based on 1 strong buy rating, 3 buy ratings, 1 hold rating, and 2 sell ratings.

Downside Risk

Millicom International Cellular has a consensus price target of $79.28, representing about 16.1% downside from its current price of $94.54.

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: 174.72%

Earnings Growth

Earnings for Millicom International Cellular are expected to grow by 174.72% in the coming year, from $1.78 to $4.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Millicom International Cellular is 12.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Millicom International Cellular is 12.85, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 168.05.

Price to Book Value per Share Ratio

Millicom International Cellular has a P/B Ratio of 4.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.88% 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 3.41, 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 increased by 7.69%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Millicom International Cellular pays a meaningful dividend of 3.17%, 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 40.76%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Millicom International Cellular will have a dividend payout ratio of 61.35% next year. This indicates that Millicom International Cellular will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.4 / 5
• News Sentiment: 1.45

News Sentiment

Millicom International Cellular has a news sentiment score of 1.45. 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 0.83 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for Millicom International Cellular this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for TIGO on MarketBeat in the last 30 days. This is a decrease of -80% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Millicom International Cellular to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 0.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Millicom International Cellular insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $4,425,461.00 in 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: 7/26/2026
• Next Earnings (Estimated): 8/06/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Wireless Non - US
• Sub-Industry: Communication
• 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: $79.28
• High Price Target: $100.00
• Low Price Target: $52.40
• Potential Upside/Downside: -16.1%
• Consensus Rating: Hold
• Rating Score (0-4): 2.43
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.36
• Trailing P/E Ratio: 12.85
• Forward P/E Ratio: 53.11
• P/E Growth: N/A
• Net Income: $1.32 billion
• Net Margins: 19.16%
• Pretax Margin: 23.83%
• Return on Equity: 16.38%
• Return on Assets: 3.25%

Debt

• Debt-to-Equity Ratio: 2.33
• Current Ratio: 0.62
• Quick Ratio: 0.60

Sales & Book Value

• Annual Sales: $5.82 billion
• Price / Sales: 2.75
• Cash Flow: $10.85 per share
• Price / Cash Flow: 8.71
• Book Value: $21.04 per share
• Price / Book: 4.49

Miscellaneous

• Outstanding Shares: 169,000,000
• Free Float: 168,121,000
• Market Cap: $15.98 billion
• Optionable: Optionable
• Beta: 0.92