MicroStockHub ZIM stock: The dividend lesson Readers following my writing know that I have been warning investors about ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) since 2022 when the stock was still trading at a share price of around $23 and boasting a dividend yield of around 100%. My bearish argument was not so much about the sustainability of the yield (no one probably ever thought the dividend could be sustained). My key argument was that the dividend cut could come sooner and deeper than many bul ...

In the latest trading session, ZIM Integrated Shipping Services (ZIM) closed at $13.25, marking a +1.38% move from the previous day. The stock outpaced the S&P 500's daily loss of 1.57%. On the other hand, the Dow registered a loss of 1.49%, and the technology-centric Nasdaq decreased by 2.04%.Shares of the container shipping company have appreciated by 22.49% over the course of the past month, outperforming the Transportation sector's loss of 8.57% and the S&P 500's loss of 2.5%.The investment community wi ...

ZIM Integrated (NYSE: ZIM) stock price went through a short-squeeze on Friday as traders continued focusing on the ongoing crisis in the Middle East. It climbed by over 15% on Friday, reaching a high of $14, its highest level since February 1st. It has soared by over 45% from its lowest point this year.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Shipping costs are fallingCopy link to sectionZIM Integrated stock price continued soaring even as the ...

ZIM Integrated Shipping Services (ZIM) closed the latest trading day at $11.47, indicating a -0.43% change from the previous session's end. This change lagged the S&P 500's 0.02% gain on the day. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.1%.The container shipping company's stock has climbed by 17.79% in the past month, exceeding the Transportation sector's loss of 6.69% and the S&P 500's loss of 3.01%.The investment community will be paying close attention to the earnings performanc ...

ZIM Integrated Shipping Services (ZIM) closed the latest trading day at $11.22, indicating a +0.27% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 1.23%. Elsewhere, the Dow saw a downswing of 1.36%, while the tech-heavy Nasdaq depreciated by 1.4%.Shares of the container shipping company witnessed a gain of 0.27% over the previous month, trailing the performance of the Transportation sector with its gain of 1.27% and the S&P 500's gain of 1.61%.Market ...

thitivong Shipping company ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) has experienced a new bout of volatility at the beginning of 2024 as global ocean freight rates surged in the wake of attacks in the Red Sea. Though freight rates have corrected a bit to the downside lately, I think that the increase in prices is obviously very favorable for ZIM Integrated Shipping, and particularly as far as a dividend comeback in 2024 is concerned. The stock also appears to have bottomed out in late 2023, sugg ...

Zim Integrated Shipping Services (ZIM -15.44%) reported fourth-quarter results that were slightly above expectations, but there is no end in sight to the macro headwinds that have plagued this business. Investors were hoping for more, and Zim shares were down nearly 14% as of 11:30 ET Wednesday.Zim is treading waterZim owns and operates a fleet of cargo ships. This is a cyclical business, and 2023 was a difficult year. Concerns about the global economy and higher interest rates led big shipping customers to ...

Next, we present our cash flow bridge. For the full year, our adjusted EBITDA of $1.05 billion converted into $1.02 billion of cash flow generated from operating activities. Other cash flow items for 2023 included dividend payments of $769 million made in April 2023 and $2.09 billion of debt service, mostly related to our lease liability repayments. Moving now to our 2024 guidance. We expect to generate adjusted EBITDA between $850 million and $1.45 billion in 2024, and adjusted EBIT between negative $300 m ...

INVESTOR PRESENTATION Q4 & FY 2023 FINANCIAL RESULTS Disclaimer Q4 & FY 2023 highlights Financial highlights 2024 guidance Market update Summary Cash flow from operations $1.0 Bn (-83%) Total liquidity (31.12.2023) $2.7 Bn Revenue $5.2 Bn (-59%) Adj EBITDA 20% Margins Adj EBITDA $1.0 Bn (-86%) Adj EBIT -8% Adj EBIT $(422) Mn* Margins Total equity** (31.12.2023) 2.5 Bn 3 Q4 & FY 2023 highlights Financial highlights 2024 guidance Market update Summary | --- | --- | --- | |------------------------------------- ...

ZIM Integrated Shipping Services (ZIM) came out with a quarterly loss of $1.23 per share versus the Zacks Consensus Estimate of a loss of $1.33. This compares to earnings of $3.44 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.52%. A quarter ago, it was expected that this container shipping company would post a loss of $1.56 per share when it actually produced a loss of $1.97, delivering a surprise of -26.28%.Over the last ...