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NASDAQ:TIGO

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

Millicom International Cellular logo
$95.08 -0.18 (-0.18%)
As of 12:01 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Millicom International Cellular Stock (NASDAQ:TIGO)

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Key Stats

Today's Range
$94.00
$96.49
50-Day Range
$87.19
$104.31
52-Week Range
$44.88
$107.13
Volume
200,964 shs
Average Volume
1.48 million shs
Market Capitalization
$16.07 billion
P/E Ratio
24.01
Dividend Yield
3.16%
Price Target
$85.68
Consensus Rating
Hold

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.

AI Generated. May Contain Errors.

Millicom International Cellular Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
72nd Percentile Overall Score

TIGO MarketRank™: 

Millicom International Cellular scored higher than 72% of companies evaluated by MarketBeat, and ranked 61st out of 244 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 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.

  • Downside Risk

    Millicom International Cellular has a consensus price target of $85.68, representing about 9.7% downside from its current price of $94.85.

  • 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.

  • 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 24.01, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.15.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Millicom International Cellular is 24.01, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 24.58.

  • Price to Book Value per Share Ratio

    Millicom International Cellular has a P/B Ratio of 6.43. 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

    2.40% 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 2.95, 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 3.03%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Millicom International Cellular pays a meaningful dividend of 3.24%, 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.

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

    Millicom International Cellular has a news sentiment score of 1.38. 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 0.66 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.
  • MarketBeat Follows

    5 people have added Millicom International Cellular to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • 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.

  • Read more about Millicom International Cellular's insider trading history.
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TIGO Stock News Headlines

Small Colorado Company (Backed by Sam Altman) Could Save U.S. Power Grid
A small Colorado company has secured rights to technology that could prevent the U.S. public power grid from collapsing — and billionaire Sam Altman is now an investor. This under-the-radar firm is drawing serious attention from those watching the energy infrastructure space closely.tc pixel
Millicom: The Acquisition Playbook Is Working
See More Headlines

TIGO Stock Analysis - Frequently Asked Questions

Millicom International Cellular's stock was trading at $55.44 at the beginning of the year. Since then, TIGO stock has increased by 71.1% and is now trading at $94.8460.

Millicom International Cellular SA (NASDAQ:TIGO) posted its earnings results on Tuesday, May, 12th. The technology company reported $0.97 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 analysts' expectations of $1.99 billion. Millicom International Cellular had a trailing twelve-month return on equity of 18.39% and a net margin of 9.19%.
Read the conference call transcript
.

Top institutional shareholders of Millicom International Cellular include California State Teachers Retirement System (6.12%), Cullen Capital Management LLC (0.46%), Bank of New York Mellon Corp (0.30%) and Public Employees Retirement System of Ohio (0.22%). 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 Meta Platforms (META), Tesla (TSLA), Qualcomm (QCOM), NVIDIA (NVDA), AT&T (T), Broadcom (AVGO) and Salesforce (CRM).

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
9/03/2026
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
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
-9.9%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
7 Analysts

Profitability

EPS (Trailing Twelve Months)
$3.96
Trailing P/E Ratio
24.01
Forward P/E Ratio
39.45
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
2.76
Cash Flow
$11.15 per share
Price / Cash Flow
8.53
Book Value
$14.75 per share
Price / Book
6.45

Miscellaneous

Outstanding Shares
169,000,000
Free Float
168,121,000
Market Cap
$16.07 billion
Optionable
Optionable
Beta
0.92

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This page (NASDAQ:TIGO) was last updated on 9/3/2026 by MarketBeat.com Staff.
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