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ZIM Integrated Shipping Services (ZIM) Stock Price, News & Analysis

-0.58 (-3.31%)
(As of 04:32 PM ET)
Today's Range
50-Day Range
52-Week Range
4.05 million shs
Average Volume
6.37 million shs
Market Capitalization
$2.04 billion
P/E Ratio
Dividend Yield
Price Target

ZIM Integrated Shipping Services MarketRank™ Stock Analysis

Analyst Rating
1.60 Rating Score
29.1% Downside
$12.01 Price Target
Short Interest
10.36% of Float Sold Short
Dividend Strength
Based on Four Factors
News Sentiment
0.89mentions of ZIM Integrated Shipping Services in the last 14 days
Based on 5 Articles This Week
Insider Trading
Proj. Earnings Growth
From $3.42 to ($2.76) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.71 out of 5 stars

Transportation Sector

107th out of 114 stocks

Deep Sea Foreign Transportation Of Freight Industry

31st out of 31 stocks

ZIM stock logo

About ZIM Integrated Shipping Services Stock (NYSE:ZIM)

ZIM Integrated Shipping Services Ltd. is a relatively new company with a long history. The company was originally formed in 1947 by a trio of Israeli-oriented agencies and called the Zim Palestinian Navigation Company. The word Zim is a derivative of the Hebrew word for “fleet of ships” as described in Numbers 24:24. In 1948, after the establishment of the state of Israel, the company was renamed Zim Israeli Navigation Company and it proceeded to transport immigrants and supplies to the fledgling nation.

The early years were spent transporting goods and people to and from the state of Israel but expansion began in the 1950s. At the time, the company was focused on both people and cargo but passenger lines were phased out due to increasing competition from airlines. By the 1970s, the company was only transporting cargo and then, during the 1970s, it began to focus on containers and intermodal container shipping.

Early plans for an IPO were dashed by the 2008 global financial crisis and then, in 2009, a needed cash injection resulted in a majority sale to the Ofer family which retains a large share to this day. The cash injection and restructuring allowed the company to survive, which is the salient point, and then in 2014, it underwent another restructuring. The company did not come to the public market until 2021 at which time it changed its name to ZIM Integrated Shipping Services. The stock now trades on the NYSE under the ticker ZIM. In March 2021 the company reported record revenue and profits.

Today, Zim, with its network of subsidiaries, is a top-20 shipper globally. The company is a leader in container shipping and ranked 10th in that field. The company provides a range of services that include door-to-door and port-to-port transportation of goods for customers of all varieties. The company’s fleet size tends to vary with business, it owns a number of ships but contracts out for more as necessary.

The company also offers ZIMonitor, a premium reefer cargo tracking service as well as a host of other value-added digitized services. As of 2022, the company had operations in more than 100 countries and served more than 350 ports of call. The largest ship in the fleet is the Maersk Yukon which is registered in Singapore. Its gross tonnage is more than 114,000 tonnes, it is 349 meters long and more than 45 meters wide. Customers using Zim can schedule their shipping needs on a point-to-point, by vessel, by port or by carrier basis.

ZIM Stock Price History

ZIM Stock News Headlines

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Company Calendar

Last Earnings
Ex-Dividend for 6/11 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Deep sea foreign transportation of freight
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
5 Analysts


Net Income
Pretax Margin


Sales & Book Value

Annual Sales
$5.16 billion
Cash Flow
$6.71 per share
Book Value
$20.45 per share


Free Float
Market Cap
$2.02 billion
Not Optionable
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Key Executives

  • Mr. Eliyahu Glickman (Age 63)
    President & CEO
  • Mr. Xavier Destriau (Age 51)
    Executive VP & CFO
  • Mr. David Alteras Arbel (Age 64)
    Executive VP & COO
  • Mr. Eyal Ben-Amram (Age 61)
    Executive VP & Chief Information Officer
  • Ms. Elana Holzman
    Head of Investor Relations
  • Mr. Noam Nativ (Age 53)
    Executive VP, General Counsel & Company Secretary
  • Mr. Yair Teitelbaum
    Executive Vice President of Global Sales
  • Mr. Guillermo Codner (Age 56)
    Executive Vice President of HR & Organization
  • Mr. Saar Dotan (Age 54)
    Executive Vice President of Countries & Business Development
  • Mr. Nissim Yochai (Age 65)
    Executive Vice President of ZIM USA President

ZIM Stock Analysis - Frequently Asked Questions

How have ZIM shares performed this year?

ZIM Integrated Shipping Services' stock was trading at $9.87 at the beginning of the year. Since then, ZIM shares have increased by 71.7% and is now trading at $16.95.
View the best growth stocks for 2024 here

How were ZIM Integrated Shipping Services' earnings last quarter?

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) issued its quarterly earnings data on Tuesday, May, 21st. The company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.09 by $0.34. The business earned $1.56 billion during the quarter, compared to analyst estimates of $1.53 billion. ZIM Integrated Shipping Services had a negative trailing twelve-month return on equity of 14.80% and a negative net margin of 47.59%.

When did ZIM Integrated Shipping Services IPO?

ZIM Integrated Shipping Services (ZIM) raised $306 million in an initial public offering on Thursday, January 28th 2021. The company issued 17,500,000 shares at $16.00-$19.00 per share. Citigroup, Goldman Sachs, Barclays, Jefferies and Clarksons Plateau Securities served as the underwriters for the IPO.

Who are ZIM Integrated Shipping Services' major shareholders?

Top institutional shareholders of ZIM Integrated Shipping Services include SG Americas Securities LLC (0.02%), Clear Harbor Asset Management LLC (0.01%), Blue Trust Inc. (0.01%) and Mather Group LLC..

How do I buy shares of ZIM Integrated Shipping Services?

Shares of ZIM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:ZIM) was last updated on 7/19/2024 by Staff

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