TIM Stock Price, News & Analysis (NYSE:TIMB)

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TIM in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" TIMB shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TIMB, but not buy additional shares or sell existing shares.
View TIMB analyst ratings or view top-rated stocks.

3 brokerages have issued twelve-month target prices for TIM's shares. Their TIMB share price targets range from $16.00 to $17.00. On average, they anticipate the company's stock price to reach $16.50 in the next year. This suggests that the stock has a possible downside of 6.0%.
View analysts price targets for TIMB or view top-rated stocks among Wall Street analysts.

TIM's stock was trading at $11.65 on January 1st, 2023. Since then, TIMB stock has increased by 50.6% and is now trading at $17.55.
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TIM saw a drop in short interest in the month of October. As of October 31st, there was short interest totaling 1,390,000 shares, a drop of 15.2% from the October 15th total of 1,640,000 shares. Based on an average daily volume of 349,800 shares, the days-to-cover ratio is currently 4.0 days. Approximately 0.3% of the company's stock are sold short.
View TIM's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 8th 2024.
View our TIMB earnings forecast.

Tim S.A. (NYSE:TIMB) released its earnings results on Tuesday, November, 7th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.10. The firm had revenue of $1.24 billion for the quarter. TIM had a net margin of 9.85% and a trailing twelve-month return on equity of 9.41%.

TIM declared a -- dividend on Tuesday, September 19th. Stockholders of record on Friday, September 29th will be given a dividend of $0.1244 per share on Monday, October 30th. This represents a dividend yield of 4.4%. The ex-dividend date is Thursday, September 28th. This is a positive change from the stock's previous -- dividend of $0.12.
Read our dividend analysis for TIMB.

TIM (NYSE:TIMB) pays an annual dividend of $0.54 per share and currently has a dividend yield of 3.10%. The dividend payout ratio is 57.45%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TIMB will have a dividend payout ratio of 43.90% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TIMB.

Pacer Emerging Markets Cash Cows 100 ETF holds 34,561 shares of TIMB stock, representing 0.78% of its portfolio.

TIM's stock is owned by a variety of institutional and retail investors. Top institutional investors include Robeco Institutional Asset Management B.V. (0.00%), JPMorgan Chase & Co. (0.00%), Itau Unibanco Holding S.A. (0.00%), Ariel Investments LLC (0.00%), UBS Group AG (0.00%) and Grantham Mayo Van Otterloo & Co. LLC (0.00%).

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