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

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Taiwan Semiconductor Manufacturing in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TSM shares.
View TSM analyst ratings or view top-rated stocks.

7 Wall Street analysts have issued twelve-month price targets for Taiwan Semiconductor Manufacturing's stock. Their TSM share price forecasts range from $75.00 to $126.00. On average, they expect the company's share price to reach $99.75 in the next twelve months. This suggests that the stock has a possible downside of 2.1%.
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 shares have increased by 36.8% and is now trading at $101.93.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 13th 2023.
View our TSM earnings forecast.

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) announced its quarterly earnings results on Wednesday, July, 14th. The semiconductor company reported $0.93 EPS for the quarter, meeting analysts' consensus estimates of $0.93. The semiconductor company earned $372.15 billion during the quarter, compared to analysts' expectations of $372.58 billion. Taiwan Semiconductor Manufacturing had a trailing twelve-month return on equity of 36.02% and a net margin of 44.72%. The business's revenue for the quarter was up 19.8% on a year-over-year basis. During the same period last year, the business earned $4.66 earnings per share.

Taiwan Semiconductor Manufacturing announced a quarterly dividend on Wednesday, May 10th. Shareholders of record on Friday, September 15th will be paid a dividend of $0.489 per share on Thursday, October 12th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date is Thursday, September 14th. This is a boost from the stock's previous quarterly dividend of $0.36.
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), Alpha Architect Freedom 100 Emerging Market ETF (FRDM), Putnam Panagora ESG Emerging Markets Equity ETF (PPEM), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Wahed Dow Jones Islamic World ETF (UMMA), ProShares Nanotechnology ETF (TINY) and Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH).

Taiwan Semiconductor Manufacturing (NYSE:TSM) pays an annual dividend of $1.42 per share and currently has a dividend yield of 1.37%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TSM will have a dividend payout ratio of 22.72% 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 issued an update on its second quarter 2023 earnings guidance on Thursday, April, 20th. The company provided EPS guidance of for the period. The company issued revenue guidance of $15.20 billion-$16.00 billion, compared to the consensus revenue estimate of $15.98 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 many different institutional and retail investors. Top institutional shareholders include Macquarie Group Ltd. (1.52%), FMR LLC (0.81%), Sanders Capital LLC (0.80%), Fisher Asset Management LLC (0.49%), Bank of New York Mellon Corp (0.48%) and Fiera Capital Corp (0.30%).
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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 $101.93.

Taiwan Semiconductor Manufacturing (NYSE:TSM) has a market capitalization of $528.62 billion and generates $75.88 billion in revenue each year. The semiconductor company earns $32.31 billion in net income (profit) each year or $6.47 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.