Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk - TLK Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TLK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TLK, but not buy additional shares or sell existing shares.
View TLK analyst ratings or view top-rated stocks.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's stock was trading at $23.85 at the beginning of the year. Since then, TLK stock has increased by 14.2% and is now trading at $27.24.
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Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk saw a decline in short interest during the month of March. As of March 15th, there was short interest totaling 1,330,000 shares, a decline of 15.3% from the February 28th total of 1,570,000 shares. Based on an average daily volume of 260,800 shares, the days-to-cover ratio is presently 5.1 days. Approximately 0.1% of the company's stock are sold short.
View Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, May 8th 2023.
View our TLK earnings forecast.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk announced an annual dividend on Friday, June 3rd. Shareholders of record on Monday, June 13th will be paid a dividend of $0.811 per share on Monday, July 11th. This represents a yield of 2.75%. The ex-dividend date is Friday, June 10th. This is an increase from the stock's previous annual dividend of $0.69.
Read our dividend analysis for TLK.

ETFs with the largest weight of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) stock in their portfolio include JPMorgan International Growth ETF (JIG).Avantis Emerging Markets Value ETF (AVES).

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) pays an annual dividend of $0.76 per share and currently has a dividend yield of 2.81%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 47.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TLK will have a dividend payout ratio of 38.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TLK.

19 employees have rated Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Chief Executive Officer Steve Chung on Glassdoor.com. Steve Chung has an approval rating of 40% among the company's employees. This puts Steve Chung in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk investors own include NVIDIA (NVDA), Alphabet (GOOG), Shopify (SHOP), Trade Desk (TTD), Arista Networks (ANET), Mastercard (MA), Netflix (NFLX), Adobe (ADBE), Cisco Systems (CSCO) and Walt Disney (DIS).

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk trades on the New York Stock Exchange (NYSE) under the ticker symbol "TLK."

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's stock is owned by a number of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (0.44%), Allspring Global Investments Holdings LLC (0.42%), Morgan Stanley (0.09%), Martin Currie Ltd. (0.08%), Dimensional Fund Advisors LP (0.08%) and Oldfield Partners LLP (0.06%).

Shares of TLK 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 TLK stock can currently be purchased for approximately $27.24.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) has a market capitalization of $24.53 billion and generates $10.02 billion in revenue each year. The utilities provider earns $1.75 billion in net income (profit) each year or $1.59 on an earnings per share basis.

The company employs 23,756 workers across the globe.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's mailing address is JL. JAPATI 1, BANDUNG K8, 40133. The official website for the company is www.telkom.co.id. The utilities provider can be reached via phone at 622180863539, via email at investor@telkom.co.id, or via fax at 62-22-720-6757.