ZIM Integrated Shipping Services

ZIM Integrated Shipping Services Ltd. engages in the provision of shipping and logistics services. It offers shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. The company was founded on June 7, 1945 and is headquartered in Haifa, Israel.

Earnings data Q3 2023

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

ZIM posted extraordinary second quarter results even as rates continue to slide (and it can continue to do so). However, the oft-quoted 40% yield is a trailing measure that may soon be a thing of the past.

ZIM Integrated: Not Quite 40% Yield, Yet Uber-Profitable And Undervalued

ZIM Integrated Shipping is a global niche shipping provider which has benefited massively from rising freight costs. The company recently announced a generous hike in its dividend from 20% to ~40% which is astonishing.

ZIM Integrated: Shipping A Monster 40% Dividend

ZIM Integrated Shipping reported its Q2 results. Profits and cash flows were massive. The company hiked its dividend -- shareholders are getting a 40% dividend yield right now.

ZIM Integrated Shipping: How About A 40% Dividend Yield?

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM ) Q2 2022 Earnings Conference Call August 17, 2022 8:00 AM ET Company Participants Elana Holzman - Head, Investor Relations Eli Glickman - President and CEO Xavier Destriau - Chief Financial Officer Conference Call Participants Sathish Sivakumar - Citigroup Omar Nokta - Jefferies Sam Bland - JPMorgan Alexia Dodani - Barclays Operator Good afternoon, ladies and gentlemen.

ZIM Integrated Shipping Services Ltd.'s (ZIM) CEO Eli Glickman on Q2 2022 Results - Earnings Call Transcript

Source: Darryl Brooks / Shutterstock.com ZIM Integrated Shipping (NYSE: ZIM ) stock is falling on Wednesday following the release of its earnings report for the second quarter of 2022. The first bit of bad news for ZIM stock is the company's diluted earnings per share of $11.07.

Why Is ZIM Integrated Shipping (ZIM) Stock Down Today?

Recorded Q2 2022 Net Income of $1.34 Billion; Continued to Deliver Very Strong Operating Margins Reaffirmed 2022 Full Year Guidance: Expect to Generate Record Adjusted EBITDA[1] of $7.8-$8.2 Billion and Adjusted EBIT of $6.3-$6.7 Billion Increased Quarterly Dividend Payout to 30% of Net Income; Declared Q2 2022 Dividend of Approximately $571 million, or of $4.75 per Share HAIFA, Israel , Aug. 17, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, announced today its consolidated results for the three and six months ended June 30, 2022.

ZIM Reports Financial Results for the Second Quarter of 2022

Year-to-date, ZIM shares have been notably strong, increasing by a double-digit 11% in value and extensively outperforming the S&P 500.

ZIM Q2 Preview: Can Shares Remain Hot?

ZIM Integrated Shipping is about to release its Q2 earnings report. Most of ZIM Integrated's competitors reported stellar results thanks to higher shipping rates, which are still significantly above the pre-pandemic levels.

ZIM Integrated Shipping: This Will Change Everything

Hoopo Systems' Solution is Designed to Improve Supply Chain Management of Unpowered Assets with a Unique, Highly Durable and Power-Efficient, Tracking Solution Investment Intended to Enable Hoopo to Develop a First-of-its-Kind Tracking Solution for Dry Containers HAIFA, Israel, Aug. 11, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today the completion of a Series A financing round in Hoopo Systems Ltd.

ZIM Announces Participation in a Series A Financing Round in Hoopo, a Provider of Cutting-Edge Tracking Solutions for Unpowered Assets

Alcoa

Dollar Tree

Enphase Energy

Marathon Oil

ON Semiconductor

PepsiCo

When it comes to the economy and the stock market, the near term remains murky. It's possible the market has mostly factored in inflation, interest rate hikes and recession risks.

7 A-Rated Stocks to Buy for Safety

HAIFA, Israel , Aug. 3, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today that the Company will release its second quarter 2022 financial results on Wednesday, August 17, 2022, before the U.S. financial markets open.

ZIM to Release Second Quarter 2022 Results on Wednesday, August 17, 2022

HAIFA, Israel and TEL AVIV, Israel , Aug. 1, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced today the closing of an approximately $5 million Series B financing round in Sodyo Ltd.

ZIM Announces Additional Investment in Sodyo, a Developer of Groundbreaking Scanning Technology

ZIM shares have faced immense pressure in recent months as concerns over rising inflation and a pending recession weigh on demand. Despite the potentially dreary demand picture, investors seem to be ignoring the continued supply side pressure from port congestion that could send rates higher again.

ZIM Integrated: Container Shipping Pessimism Is Overdone, Upside Ahead

ZIM Integrated is a global shipping company which operates across 5 major routes globally. The company benefited from the surge in shipping costs, but now slowing industrial demand and overstocked warehouses have spooked investors into selling.

ZIM Integrated Shipping: Shipping A Monster 20% Dividend And Undervalued

Eagle Bulk Shipping

Genco Shipping & Trading

Friday will “Hereby [be] known in #shipping as ‘Bloody Friday,' ” J Mintzmyer, head of research at Value Investor's Edge, tweeted. Stock prices for shipping giants such as Zim Integrated Shipping Services (NYSE: ZIM), Genco Shipping (NYSE: GNK) and Eagle Bulk Shipping (NASDAQ: EGLE) experienced major drops Friday.

July 1 deemed ‘Bloody Friday' in shipping due to stock drops

BofA analyst Muneeba Kayani downgraded ZIM Integrated Shipping Services Ltd (NYSE: ZIM) to Underperform from Buy and lowered the price target to $40 (a downside of 8%) from $79. The analyst revealed concerns over weaker U.S. demand.

Why ZIM Integrated Shipping Shares Are Diving Today

Golden Ocean Group

Star Bulk Carriers

With a Bank of America analyst downgrading ZIM Integrated Shipping Services, it might spell trouble for other shipping stocks. The post Why Are Shipping Stocks ZIM, GOGL, SBLK, Down Today?

Why Are Shipping Stocks ZIM, GOGL, SBLK, Down Today?

ZIM has one of the best dividends in the shipping industry. While demand for durable goods is expected to slow down and charges fall, this stock is still a great addition to a well-diversified portfolio.

ZIM Integrated Shipping Services (ZIM): Don't Miss This Dividend

Container shipping company ZIM is generating bumper profits. The stock has pulled back as concerns grow about a recession and a decrease in shipping rates.

ZIM Integrated Shipping Is A Good Buy Now

ZIM is so cheap, that it needs 12.2% of forward EBITDA or 44.5 days of operations to buy out itself completely. In the past, after selling pressure as strong as today - when the RSI indicator was in the 30-35 range - investors caught a 1-3 month bounce with an average.

ZIM Integrated Shipping: The Selloff Looks Overdone, Buy At Current Levels

PBF Energy

Suncor Energy

As brokers have a deeper understanding of the stocks, one must follow rating upgrades. We choose PBF Energy (PBF), Suncor Energy (SU) and ZIM Integrated Shipping (ZIM) as these witness ratings upgrades.

3 Stocks With Upgraded Broker Ratings to Buy Amid Bear Markets

Airbnb

Airbnb and Zim Integrated Shipping Services are at opposite ends of the value spectrum, but both have the potential to heat up this summer.

2 Hot Stocks to Watch in June

HAIFA, Israel and TEL AVIV, Israel , June 21, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) and Data Science Consulting Group (DSG), a leading technology company specializing in AI (Artificial Intelligence) based products, solutions and services, announced today that they have closed a $6 million Series A financing round whereby ZIM made a capital investment in DSG, which constitutes the first major equity investment in DSG.

ZIM and Data Science Consulting Group (DSG) Announce the Closing of a $6 Million Investment by ZIM in DSG

Danaos

Danaos continues to enjoy robust market tailwinds. The company is set to record another year of record profits, yet the stock trades at a substantial discount to NAV.

Danaos: New Buybacks And ZIM's Dividends To Push The Stock Over $150

ZIM's recent share price performance has been poor, as a result of concerns relating to lower freight rates going forward. But ZIM is a good dividend stock based on criteria such as dividend payout ratio, dividend yield, and dividend safety.

News for ZIM Integrated Shipping Services Stock (ZIM)