Free Trial
Earnings Season Is Here. MarketBeat All Access for Just $149
Get the Deal
Claim MarketBeat All Access Sale Promotion
NASDAQ:TIGO

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

Millicom International Cellular logo
$78.64 +0.30 (+0.38%)
As of 01:44 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Millicom International Cellular Stock (NASDAQ:TIGO)

Advanced

Key Stats

Today's Range
$76.73
▼
$78.99
50-Day Range
$78.34
▼
$96.68
52-Week Range
$44.88
▼
$107.13
Volume
270,493 shs
Average Volume
1.38 million shs
Market Capitalization
$13.29 billion
P/E Ratio
19.86
Dividend Yield
3.81%
Price Target
$85.68
Consensus Rating
Moderate Buy

Company Overview

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

Its consumer offerings include wireless plans, home internet, television and digital entertainment services. Through Tigo Money and related financial technology products, Millicom also provides mobile money, digital payments and other financial services in selected markets. For business customers, the company offers connectivity, cloud, data center, cybersecurity and other information and communications technology solutions.

Millicom was established in 1990 and has built its operations primarily across Central and South America. Its Tigo-branded businesses serve markets including Bolivia, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Paraguay. The company is led by Marcelo Benítez, who serves as president and chief executive officer.

AI Generated. May Contain Errors.

Millicom International Cellular Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
97th Percentile Overall Score

TIGO MarketRank™: 
4.848648648645 of 5 stars

Millicom International Cellular scored higher than 97% of companies evaluated by MarketBeat, and ranked 11th 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.

  • Consensus Rating

    Millicom International Cellular has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 1 strong buy rating, 3 buy ratings, 2 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 only been the subject of 4 research reports in the past 90 days.

  • Read more about Millicom International Cellular's stock forecast and price target.
  • 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 19.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 38.83.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Millicom International Cellular is 19.77, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 20.82.

  • Price to Book Value per Share Ratio

    Millicom International Cellular has a P/B Ratio of 3.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Millicom International Cellular's valuation and earnings.
  • Percentage of Shares Shorted

    1.58% 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 3.21, 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 12.66%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Millicom International Cellular is a leading dividend payer. It pays a dividend yield of 3.83%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • 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.

  • Read more about Millicom International Cellular's dividend.
  • News Sentiment

    Millicom International Cellular has a news sentiment score of 0.74. 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 0.48 average news sentiment score of Communication Services companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Millicom International Cellular this week, compared to 3 articles on an average week.
  • Search Interest

    4 people have searched for TIGO on MarketBeat in the last 30 days. This is an increase of 100% 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 0% compared to the previous 30 days.
Receive TIGO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Millicom International Cellular and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

TIGO Stock News Headlines

The chip inside every Tesla
Every Tesla built since 2012 pays this small, overlooked supplier a fee for its technology. So does every Starlink dish and AI satellite Elon launches. When Nvidia tried to buy the company, Elon reportedly fought the deal. Now his filing for 1,000,000 satellites could expand its revenue stream sharply. Dylan believes the stock could see significant movement starting December 8th.tc pixel
TIGO - Millicom International Cellular S.A.
Millicom International Cellular SA's Dividend Analysis
Millicom International Cellular SA's Dividend Analysis
See More Headlines

TIGO Stock Analysis - Frequently Asked Questions

Millicom International Cellular's stock was trading at $55.44 on January 1st, 2026. Since then, TIGO shares have increased by 41.0% and is now trading at $78.1550.

Millicom International Cellular SA (NASDAQ:TIGO) issued its quarterly earnings data on Tuesday, May, 12th. The technology company reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.89 by $0.08. The technology company had revenue of $1.99 billion for the quarter, compared to analyst estimates of $1.99 billion. Millicom International Cellular had a net margin of 9.19% and a trailing twelve-month return on equity of 18.39%.
Read the conference call transcript
.

Top institutional investors of Millicom International Cellular include Perpetual Ltd (0.68%), Hosking Partners LLP (0.18%), Crossmark Global Holdings Inc. (0.15%) and Triasima Portfolio Management inc. (0.09%). Insiders that own company stock include Salvador Escalon, Bruce Churchill, De Vega Blanca Trevino and Justine Dimovic.
View institutional ownership trends
.

Shares of TIGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Millicom International Cellular investors own include NVIDIA (NVDA), Micron Technology (MU), AT&T (T), Broadcom (AVGO), Lam Research (LRCX), Advanced Micro Devices (AMD) and Credo Technology Group (CRDO).

Company Calendar

Last Earnings
5/12/2026
Record date for 10/15 Dividend
10/08/2026
Ex-Dividend for 10/15 Dividend
10/08/2026
Dividend Payable
10/15/2026
Today
10/26/2026
Next Earnings (Estimated)
11/05/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Diversified Telecommunication Services
Sub-Industry
Integrated Telecommunication Services
Current Symbol
NASDAQ:TIGO
Previous Symbol
NASDAQ:MICC
CIK
912958
Employees
15,000
Year Founded
1990

Price Target and Rating

High Price Target
$105.00
Low Price Target
$55.00
Potential Upside/Downside
+9.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.96
Trailing P/E Ratio
19.79
Forward P/E Ratio
32.51
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
2.28
Cash Flow
$10.85 per share
Price / Cash Flow
7.22
Book Value
$21.04 per share
Price / Book
3.72

Miscellaneous

Outstanding Shares
169,000,000
Free Float
N/A
Market Cap
$13.24 billion
Optionable
Optionable
Beta
0.93

Social Links

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report

This page (NASDAQ:TIGO) was last updated on 10/26/2026 by MarketBeat.com Staff.
From Our Partners