Taiwan Semiconductor Manufacturing Stock Price, News & Analysis (NYSE:TSM)

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Taiwan Semiconductor Manufacturing in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TSM shares.
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4 brokerages have issued twelve-month target prices for Taiwan Semiconductor Manufacturing's shares. Their TSM share price targets range from $105.00 to $130.00. On average, they expect the company's stock price to reach $116.67 in the next year. This suggests a possible upside of 20.3% from the stock's current price.
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Taiwan Semiconductor Manufacturing's stock was trading at $74.49 at the start of the year. Since then, TSM stock has increased by 30.2% and is now trading at $97.02.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, January 11th 2024.
View our TSM earnings forecast.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) issued its earnings results on Thursday, October, 19th. The semiconductor company reported $1.29 EPS for the quarter, beating analysts' consensus estimates of $1.16 by $0.13. The semiconductor company earned $17.28 billion during the quarter, compared to analysts' expectations of $16.90 billion. Taiwan Semiconductor Manufacturing had a trailing twelve-month return on equity of 28.28% and a net margin of 41.42%. Taiwan Semiconductor Manufacturing's quarterly revenue was down 10.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.79 EPS.

Taiwan Semiconductor Manufacturing declared a quarterly dividend on Wednesday, November 15th. Stockholders of record on Tuesday, March 19th will be given a dividend of $0.5415 per share on Thursday, April 11th. This represents a $2.17 dividend on an annualized basis and a yield of 2.23%. The ex-dividend date of this dividend is Monday, March 18th. This is a positive change from the stock's previous quarterly dividend of $0.47.
Read our dividend analysis for TSM.

Taiwan Semiconductor Manufacturing (NYSE:TSM) pays an annual dividend of $1.47 per share and currently has a dividend yield of 1.49%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 26.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSM will have a dividend payout ratio of 25.34% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TSM.

ETFs with the largest weight of Taiwan Semiconductor Manufacturing (NYSE:TSM) stock in their portfolio include VanEck Semiconductor ETF (SMH), Matthews Emerging Markets ex China Active ETF (MEMX), Putnam Panagora ESG Emerging Markets Equity ETF (PPEM), Alpha Architect Freedom 100 Emerging Market ETF (FRDM), TCW Transform Supply Chain ETF (SUPP), SPDR S&P Emerging Asia Pacific ETF (GMF), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH) and AXS Green Alpha ETF (NXTE).

Taiwan Semiconductor Manufacturing issued an update on its fourth quarter 2023 earnings guidance on Thursday, October, 19th. The company provided EPS guidance of for the period. The company issued revenue guidance of $18.80 billion-$19.60 billion, compared to the consensus revenue estimate of $18.65 billion.

289 employees have rated Taiwan Semiconductor Manufacturing Chief Executive Officer Morris Chang on Glassdoor.com. Morris Chang has an approval rating of 96% among the company's employees. This puts Morris Chang in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Taiwan Semiconductor Manufacturing investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Intel (INTC), Alibaba Group (BABA), QUALCOMM (QCOM), Micron Technology (MU), Cisco Systems (CSCO), PayPal (PYPL), Tesla (TSLA) and Salesforce (CRM).

Taiwan Semiconductor Manufacturing's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Sanders Capital LLC (0.83%), FMR LLC (0.80%), Massachusetts Financial Services Co. MA (0.52%), Bank of New York Mellon Corp (0.50%), Morgan Stanley (0.46%) and Van ECK Associates Corp (0.29%).
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Shares of TSM 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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