TIM - TIMB Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TIM in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TIMB shares.
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2 brokers have issued 12 month price objectives for TIM's shares. Their TIMB share price forecasts range from $16.00 to $16.00. On average, they anticipate the company's stock price to reach $16.00 in the next year. This suggests a possible upside of 43.2% from the stock's current price.
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 decreased by 4.1% and is now trading at $11.17.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our TIMB earnings forecast.

Tim S.A. (NYSE:TIMB) issued its earnings results on Tuesday, November, 8th. The company reported $0.19 EPS for the quarter, topping analysts' consensus estimates of $0.10 by $0.09. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.06 billion. TIM had a trailing twelve-month return on equity of 7.64% and a net margin of 10.45%.

TIM announced a -- dividend on Thursday, December 15th. Stockholders of record on Friday, December 23rd will be paid a dividend of $0.1794 per share on Tuesday, January 31st. This represents a dividend yield of 3.7%. The ex-dividend date of this dividend is Thursday, December 22nd. This is a positive change from the stock's previous -- dividend of $0.08.
Read our dividend analysis for TIMB.

TIM (NYSE:TIMB) pays an annual dividend of $0.35 per share and currently has a dividend yield of 3.16%. The dividend payout ratio is 43.21%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TIMB will have a dividend payout ratio of 63.64% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TIMB.

TIM trades on the New York Stock Exchange (NYSE) under the ticker symbol "TIMB."

TIM's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Deltec Asset Management LLC (0.02%), Ritholtz Wealth Management (0.01%), Janiczek Wealth Management LLC (0.00%) and Ronald Blue Trust Inc. (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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One share of TIMB stock can currently be purchased for approximately $11.17.

TIM (NYSE:TIMB) has a market capitalization of $5.41 billion and generates $3.35 billion in revenue each year. The company earns $547.96 million in net income (profit) each year or $0.81 on an earnings per share basis.

The company employs 9,337 workers across the globe.

TIM's mailing address is Joao Cabral de Melo Neto Avenue 850 - North Tower - 12th floor, Rio de Janeiro D5, 22775. The official website for the company is www.tim.com.br. The company can be reached via phone at 552141094167 or via fax at 55-21-4009-3990.