TIM (NYSE:TIMB - Get Free Report) released its earnings results on Monday. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.25 by $0.03, Zacks reports. TIM had a net margin of 12.24% and a return on equity of 11.91%. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $6.38 billion.
TIM Trading Down 0.1 %
TIMB stock traded down $0.01 during midday trading on Friday, reaching $17.16. 229,875 shares of the company traded hands, compared to its average volume of 510,683. The firm has a market capitalization of $8.31 billion, a price-to-earnings ratio of 14.54, a P/E/G ratio of 0.67 and a beta of 0.62. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.93 and a current ratio of 0.97. The business has a 50 day moving average of $15.47 and a 200-day moving average of $14.10. TIM has a 52-week low of $11.32 and a 52-week high of $17.68.
TIM Dividend Announcement
The business also recently declared an annual dividend, which will be paid on Wednesday, July 30th. Investors of record on Friday, May 23rd will be given a $0.1086 dividend. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 7.6%. TIM's dividend payout ratio is currently 68.00%.
Analyst Upgrades and Downgrades
A number of analysts have issued reports on the stock. Barclays set a $17.50 price target on shares of TIM in a report on Wednesday. Scotiabank decreased their target price on TIM from $23.20 to $17.60 and set a "sector outperform" rating on the stock in a research report on Wednesday, February 12th. Finally, The Goldman Sachs Group increased their price target on TIM from $15.30 to $16.90 and gave the company a "neutral" rating in a research note on Wednesday, April 30th.
Read Our Latest Stock Analysis on TIMB
About TIM
(
Get Free Report)
TIM SA, a telecommunications company, provides mobile voice, data, and broadband services in Brazil. The company offers in mobile, landline, long-distance, and data transmission services. It also offers fixed ultra-broadband, fixed ultraband broadband, and digital content services. The company serves individuals and corporates, as well as small, medium, and large companies.
Featured Stories

Before you consider TIM, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TIM wasn't on the list.
While TIM currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the top 7 AI stocks to invest in right now. This exclusive report highlights the companies leading the AI revolution and shaping the future of technology in 2025.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.