Tele2 AB (publ) - TLTZY Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Tele2 AB (publ) in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TLTZY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TLTZY, but not buy additional shares or sell existing shares.
View TLTZY analyst ratings or view top-rated stocks.

Tele2 AB (publ)'s stock was trading at $7.0840 at the beginning of 2022. Since then, TLTZY shares have decreased by 21.8% and is now trading at $5.54.
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Tele2 AB (publ) saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 10,900 shares, an increase of 473.7% from the July 15th total of 1,900 shares. Based on an average daily trading volume, of 13,000 shares, the short-interest ratio is currently 0.8 days.
View Tele2 AB (publ)'s Short Interest.

Tele2 AB (publ) declared a dividend on Saturday, April 23rd. Investors of record on Monday, May 2nd will be given a dividend of $0.6811 per share on Friday, May 20th. This represents a yield of 12.19%. The ex-dividend date of this dividend is Friday, April 29th. This is a positive change from the stock's previous dividend of $0.67.
Read our dividend analysis for TLTZY.

Tele2 AB (publ) (OTCMKTS:TLTZY) pays an annual dividend of $1.29 per share and currently has a dividend yield of 23.29%. TLTZY has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 268.76%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, TLTZY will have a dividend payout ratio of 416.13% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for TLTZY.

Tele2 AB (publ) trades on the OTCMKTS under the ticker symbol "TLTZY."

Shares of TLTZY 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 TLTZY stock can currently be purchased for approximately $5.54.

Tele2 AB (publ) (OTCMKTS:TLTZY) has a market capitalization of $7.43 billion and generates $3.12 billion in revenue each year. The company earns $502.08 million in net income (profit) each year or $0.48 on an earnings per share basis.

The company employs 4,435 workers across the globe.

Tele2 AB (publ)'s mailing address is SKEPPSBRON 18 BOX 2094, STOCKHOLM V7, 103 13. The official website for the company is www.tele2.com. The company can be reached via phone at (685) 620-0060, via email at marcus.lindberg@tele2.com, or via fax at 46-8-562-000-40.