Taiwan Semiconductor Manufacturing (TSM) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Taiwan Semiconductor Manufacturing in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TSM shares.
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5 brokers have issued 1-year price targets for Taiwan Semiconductor Manufacturing's shares. Their TSM share price forecasts range from $75.00 to $135.00. On average, they anticipate the company's share price to reach $108.33 in the next twelve months. This suggests a possible upside of 28.2% from the stock's current price.
View analysts price targets for TSM or view top-rated stocks among Wall Street analysts.

Taiwan Semiconductor Manufacturing's stock was trading at $74.49 at the beginning of the year. Since then, TSM stock has increased by 13.4% and is now trading at $84.50.
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Taiwan Semiconductor Manufacturing saw a drop in short interest in the month of August. As of August 15th, there was short interest totaling 12,310,000 shares, a drop of 16.4% from the July 31st total of 14,730,000 shares. Based on an average daily trading volume, of 11,460,000 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.2% of the shares of the company are short sold.
View Taiwan Semiconductor Manufacturing's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 12th 2023.
View our TSM earnings forecast.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) issued its quarterly earnings results on Thursday, July, 20th. The semiconductor company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.07. The semiconductor company had revenue of $15.68 billion for the quarter, compared to the consensus estimate of $15.52 billion. Taiwan Semiconductor Manufacturing had a trailing twelve-month return on equity of 32.08% and a net margin of 43.31%.

Taiwan Semiconductor Manufacturing announced a quarterly dividend on Wednesday, August 9th. Shareholders of record on Friday, December 15th will be paid a dividend of $0.4724 per share on Thursday, January 11th. This represents a $1.89 annualized dividend and a dividend yield of 2.24%. The ex-dividend date of this dividend is Thursday, December 14th.
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), Engine No. 1 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 (NYSE:TSM) pays an annual dividend of $1.49 per share and currently has a dividend yield of 1.74%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSM will have a dividend payout ratio of 25.73% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for TSM.

Taiwan Semiconductor Manufacturing updated its third quarter 2023 earnings guidance on Thursday, July, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $16.70 billion-$17.50 billion, compared to the consensus revenue estimate of $17.68 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "TSM."

Taiwan Semiconductor Manufacturing's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Capital World Investors (0.67%), Fisher Asset Management LLC (0.57%), Bank of New York Mellon Corp (0.51%), Capital International Investors (0.34%), Fiera Capital Corp (0.29%) and William Blair Investment Management LLC (0.22%).
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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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One share of TSM stock can currently be purchased for approximately $84.50.

Taiwan Semiconductor Manufacturing (NYSE:TSM) has a market capitalization of $438.25 billion and generates $75.88 billion in revenue each year. The semiconductor company earns $32.31 billion in net income (profit) each year or $6.06 on an earnings per share basis.

The company employs 73,090 workers across the globe.

Taiwan Semiconductor Manufacturing's mailing address is NO. 8 LI-HSIN ROAD 6 SCIENCE-BASED INDUSTRIAL PARK, HSINCHU F5, 300-78. The official website for the company is www.tsmc.com.tw. The semiconductor company can be reached via phone at (863) 563-6688, via email at invest@tsmc.com, or via fax at 886-3563-7000.