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ZIM Integrated Shipping Services Ltd

ZIM Integrated Shipping Services Ltd (ZIM)

19.80
1.19
(6.39%)
Closed October 12 3:00PM
19.77
-0.03
(-0.15%)
After Hours: 6:18PM

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Key stats and details

Current Price
19.77
Bid
-
Ask
-
Volume
4,562,803
18.73 Day's Range 19.80
6.39 52 Week Range 26.20
Market Cap
Previous Close
18.61
Open
18.77
Last Trade
1
@
19.77
Last Trade Time
Financial Volume
US$ 89,048,197
VWAP
19.5161
Average Volume (3m)
5,457,312
Shares Outstanding
120,286,627
Dividend Yield
18.82%
PE Ratio
-0.88
Earnings Per Share (EPS)
-22.41
Revenue
5.17B
Net Profit
-2.7B

About ZIM Integrated Shipping Services Ltd

ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazar... ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of revenue from the Pacific. Show more

Sector
Deep Sea Frn Trans-freight
Industry
Deep Sea Frn Trans-freight
Website
Headquarters
Haifa, North, Isr
Founded
-
ZIM Integrated Shipping Services Ltd is listed in the Deep Sea Frn Trans-freight sector of the New York Stock Exchange with ticker ZIM. The last closing price for ZIM Integrated Shipping ... was US$18.61. Over the last year, ZIM Integrated Shipping ... shares have traded in a share price range of US$ 6.39 to US$ 26.20.

ZIM Integrated Shipping ... currently has 120,286,627 shares outstanding. The market capitalization of ZIM Integrated Shipping ... is US$2.24 billion. ZIM Integrated Shipping ... has a price to earnings ratio (PE ratio) of -0.88.

ZIM Integrated Shipping ... (ZIM) Options Flow Summary

Overall Flow

Bearish

Net Premium

-296k

Calls / Puts

46.67%

Buys / Sells

133.33%

OTM / ITM

46.67%

Sweeps Ratio

9.09%

ZIM Latest News

Pickommerce Secures $3.4M Investment to Advance Innovative Robotic Piece-Picking Technology

Pickommerce Secures $3.4M Investment to Advance Innovative Robotic Piece-Picking Technology PR Newswire PETAH TIKVA, Israel, Sept. 17, 2024 Announces New Installation of PickoBotβ„’,Β Poised to...

ZIM Announces New Operational Cooperation with MSC Covering the Strategic Transpacific Trade

ZIM Announces New Operational Cooperation with MSC Covering the Strategic Transpacific Trade PR Newswire HAIFA, Israel, Sept. 9, 2024 New Agreement which includes Six Asia to USEC and USGC...

ZIM Updates on Withholding Tax Procedures on September 2024 Cash Dividend

ZIM Updates on Withholding Tax Procedures on September 2024 Cash Dividend PR Newswire HAIFA, Israel, Aug. 27, 2024 HAIFA, Israel, Aug. 27, 2024 /PRNewswire/ --Β ZIM Integrated Shipping Services...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.9955.2996005326218.77519.818.2769132118.92097176CS
41.226.5768194070118.5526.218.06636062021.43664327CS
123.0318.100358422916.7426.215.9005545731220.16951545CS
269.2988.645038167910.4826.29.75556071319.04690342CS
5210.24107.4501573989.5326.26.39575000115.02403451CS
156-24.23-55.06818181824491.236.39471094329.03652026CS
2607.4760.731707317112.391.236.39413820730.04175542CS

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ZIM Discussion

View Posts
FireMechanic FireMechanic 7 months ago
Crooked hedges,market makers and brokers shaking the trees to knock off the low hanging fruit. I look for a dividend to be announced it will be small but gotta start somewhere.
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tprosuper tprosuper 9 months ago
I am not sure I agree with you that ZIM has ALWAYS lost money. Their financial reports for 2021 and 2022 do not reflect that.
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$ubmachine $ubmachine 9 months ago
Short squeeze ongoing! Short Interest % Float: 24.76 %
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$ubmachine $ubmachine 9 months ago
ZIM getting more and more attention... -also reddits:
ZIM short squeeze getting traction
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$ubmachine $ubmachine 9 months ago
No value play, it`s a short squeeze play here!
Different circumstances...!
This one is profiting from side effects from this red sea crisis...
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Scotttrader80 Scotttrader80 9 months ago
Since ZIM has cuts its lofty dividend it would be better to find a company that isnt so upsidedown. ZIM has ALWAYS lost money. Even with their new digital tracking system, they are not a good buy
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$ubmachine $ubmachine 9 months ago
ZIM integrated shipping stock prime beneficiary red sea disruptions: buy
(Article from 03 Jan 03, 2024)
https://seekingalpha.com/article/4661278-zim-integrated-shipping-stock-prime-beneficiary-red-sea-disruptions-buy
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$ubmachine $ubmachine 9 months ago
ZIM - Red Sea related stock!

Article from german stock portal, Jan 04, 2024 Threat in the Red Sea - Freight rates are exploding - so are shipping stocks!:

Google-Translation:
Threat in the Red Sea - Freight rates are exploding - so are shipping stocks!

The repeated attacks by Yemen's Houthi rebels on ships in the Red Sea are causing freight rates to explode - shipping stocks such as Hapag Lloyd and ZIM Integrated are rising.
Summarized for you

Freight rates skyrocket due to attacks in the Red Sea
Detours around the Horn of Africa increase transport costs
Shipping companies benefit, shipping stocks rise

The ongoing attacks on cargo ships in the Red Sea have long had tangible consequences for the markets. The prices for oil and gas rise with every new attack, but now freight rates have also exploded.

The shipping companies are preparing for the danger posed by the Iranian-financed rebels and are increasingly forgoing passage through the Suez Canal.

For some shipping routes, this means a week-long detour around the Horn of Africa, reducing overall available freight capacity and causing transport costs to skyrocket.

Costs are sometimes doubled

The cost of shipping a standard container from Asia to Europe has doubled in the past few weeks to over $4,000. Transports to the Mediterranean region have become even more expensive, costing over $5,000.

However, due to dwindling transport capacities, routes that are not geographically affected have also become significantly more expensive. The cost of a container from Southeast Asia to the USA has skyrocketed by around 60 percent. This could make it much more difficult to combat inflation in the coming months.

Shipping companies benefit, shipping stocks in demand

Even though the detours sometimes mean delays lasting weeks, shipping companies are profiting from the rapidly rising transport costs. Freight companies that specialize in short-term contracts in particular are benefiting from the sharp rise in spot prices.

In recent days, the shares of Danaos and ZIM Integrated, two of the largest specialists in this niche, have become particularly expensive.

In addition to smaller providers specializing in the spot market, well-known names such as the German Hapag Lloyd, which is now trading at double-digit price premiums, and the Danish A.P. Moeller-Maersk, the world's largest container ship shipping company, was asked.

The price gains of the past few days are likely to please quite a few investors, as many shipping stocks have been in stable downward trends since the beginning of 2022 at the latest, when global freight rates reached their peak.

With rates now becoming more expensive again, a bottom could be found and the industry could be ripe for a turnaround.

Something for everyone

Conservative investors should particularly look at Danaos, Hapag Lloyd and A.P. Take a closer look at Moeller-Maersk; these shipping companies reliably pay out a performance-related dividend.

ZIM Integrated is worth a look for traders and risk-conscious investors: the stock has a short ratio of over 24 percent. If the price gains of the previous days continue, there could be a short squeeze and a price explosion.

Conclusion: Good hedge, promising despite dangers

Shipping stocks are in demand not despite, but because of the current threat situation and are a good hedge against the potential effects of a lasting impairment of global shipping. Meanwhile, the breadth of the industry offers opportunities for all types of investors.
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Gunner54 Gunner54 9 months ago
On the other hand. Many of these companies ordered brand new ships because of how much money they were making and we’re about to go into a really crappy time with too many ships so this might be beneficial and I’m kicking myself for not buying this when it was around six/seven dollars.
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Scotttrader80 Scotttrader80 9 months ago
Thanks for the info, if the war keeps raging this company might be put out of business
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oldrogue oldrogue 10 months ago
Merry Christmas ZIM! What a Ride these past three weeks!

Oldrogue.
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Gunner54 Gunner54 10 months ago
They are going around the Horn of Africa, adds 14 days each way, apparently the cost of crew and fuel is similar to the cost of the Suez Canal but it’s adds a month round trip, so instead of 5 trips/year/ship they will achieve 3 trips, of what i have heard
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tprosuper tprosuper 10 months ago
There is little doubt the war is affecting business. The company has stated they have changed some routes and it will result in longer transport times. Hopefullu it won't last long.
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Scotttrader80 Scotttrader80 11 months ago
I wonder how the war is affecting ZIMs business
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Scotttrader80 Scotttrader80 12 months ago
$ZIM isnt doing too good, anyone think the war is affecting operations?
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Scotttrader80 Scotttrader80 1 year ago
NEW YORK, Sept. 12, 2023 /CNW/ -- Ship4wd, a leading global digital freight forwarding solution platform, celebrates a new milestone in its journey to disrupt the status quo within the international shipping and logistics sector while supporting small and medium-sized businesses (SMBs). Ship4wd is proud to announce that the company's customers were provided with over US$3 million in credit lines during the inaugural month of its financing solution's launch, providing direct funding access to SMBs to pay for shipments up to 90 days from the cargo delivery date, so they can better compete and succeed in today's challenging global economic situation. at $11.35 ZIMS new initiative is comng across as a sinking ship, will ZIM stay afloat?
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Scotttrader80 Scotttrader80 1 year ago
That all sounds good but ZIM suspended their dividend until further notice, soooo its a wait and see candidate
👍️ 1
TucsonPhil TucsonPhil 1 year ago
Good long-term entry point, with shipping taking a hit from lessened consumer spending. Company has a good dividend and is embracing technology. Should be a forerunner if the Fed backs off on interest rate hikes and consumers come back into the market.
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Scotttrader80 Scotttrader80 1 year ago
Zim downsizing its container ship fleet as demand disappoints

https://finance.yahoo.com/news/zim-downsizing-container-ship-fleet-203201270.html
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Scotttrader80 Scotttrader80 1 year ago
ZIM’s updated full-year 2023 guidance is driven primarily by continued weakness in freight rates across all the company’s trades, particularly in the Transpacific, which is now expected to continue during the second half of 2023. Volume growth is also expected to be lower than originally forecasted, as demand continues to be subdued.
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TucsonPhil TucsonPhil 1 year ago
Recessions are always bad for the shipping companies. Consumer spending is taking a hit, because nobody wants to carry that doodad with a 20%+ interest rate on their credit card. Powell is doing his best to force a depression. We will not see 2% inflation rates again, despite the FEDs efforts. Once the interest-jacking cycle ends, consumer's pent up lust for buying will snap back with a vengeance and we will see a huge spike in everything supply-chain related.

Zim is embracing technology and financing like no other shipper, so I see them as a front-runner in the space, so buy them at these sale prices and laugh when it is back at $100/share.
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tprosuper tprosuper 1 year ago
Thank you.
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Scotttrader80 Scotttrader80 1 year ago
ZIM, do some reading
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tprosuper tprosuper 1 year ago
What is the source of your post?
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Scotttrader80 Scotttrader80 1 year ago
SPOT ON POST, everything has happened as described


ROFL where are all of the "experianced" board gurus now?
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Scotttrader80 Scotttrader80 1 year ago
Looks like things are going my way, eh!?

Shipping line Zim gets hammered by high spot-rate exposure

https://finance.yahoo.com/news/shipping-line-zim-gets-hammered-193702984.html
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Scotttrader80 Scotttrader80 1 year ago
DIVIDEND SUSPENDED

In accordance with its dividend policy and in light of the net loss recorded in the first quarter of 2023, the Company will not pay a dividend to shareholders on account of its first quarter results.

ya, they're doing great alright

someone should have listened, huh
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Twice Worthy Twice Worthy 1 year ago
ZIM stock is performing great ... relative strength improving ... it's chart is healthier, as it's 50DMA has now cleared it's 200DMA. Is this portending that it's quarterly report will be above expectations? And, will ZIM be paying a dividend? Investors need to make a good decision. Me? I've been a buyer of ZIM in the $18 & $17 area. Good Luck !!!
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Scotttrader80 Scotttrader80 1 year ago
Did the analyst figure in ALL of the retailers laying off work forces globally? Hence the daily dropping shipping rates?

Most likely ZIM will test new lows before any turn around can be anticipated.
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Twice Worthy Twice Worthy 1 year ago
JP Morgan analyst viewed the ZIM chart tis past December and recommended that all their customers that they "BUY" the shares insisting that the stock had bottomed in the $16 - $17 level. He was the ONLY analyst that got it correct. ZIM would go up to the $24-ish level going into it's higher than expected dividend of $6.40.

Stock selling off after dividend was paid. JP Morgan analyst retreats to "Neutral" rating on the stock. Stock goes back to $16 - $17 level. Me ... I was a buyer, all it that area. Shipping rates having "nomalized" non-pandemic year of 2923 but, the word out on the street was ZIM's net income & dividend would re-surface in the 2nd half of 2023. Couple that the ZIM chart is getting healthier and it's Relative Strength improving, and a Seeking Alpha analyst commenting that a ZIM dividend could surprise !!! Stock up nicely yesterday. ZIM does take care of it's customers and it's shareholders ... and does have a habit of exceeding it's estimates .............
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Scotttrader80 Scotttrader80 1 year ago
Learn about dividend paying company patterns, they ALWAYS sell off after the dividend is paid. ZIM will continue to drop long before the next divy is announced, IF they announce. Things in the shipping world arent that rosy, anymore
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Karlb Karlb 1 year ago
It felt good buying this at $19-something and getting that juicy dividend! I didn't know about the 25% tax on it, and that sucked, but oh, well. A few more dividends like that and my stock will be paid for!
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WMsince2008 WMsince2008 1 year ago
JPM downgrade GE few years ago look GE and GEHC
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gulfwatch gulfwatch 1 year ago
Supposedly JP Morgan downgraded the stock
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tprosuper tprosuper 1 year ago
Not sure why this is tanking so bad today. I cannot find any news. Anyone?
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WMsince2008 WMsince2008 2 years ago
Zim undervalue $40 end of year
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Gramparoni Gramparoni 2 years ago
Opinions on dividend continuing. What does the board here think? Container prices have fallen hard.
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Scotttrader80 Scotttrader80 2 years ago
we will see, Ive been at this game over 50 years
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tprosuper tprosuper 2 years ago
Nice bit of rebound today. Not sure why though since I haven't seen any news.
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tprosuper tprosuper 2 years ago
Not sure about the success of your buys in that range but GLTU>
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WMsince2008 WMsince2008 2 years ago
Wow that steal deal
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Scotttrader80 Scotttrader80 2 years ago
rebounding to what, the high for this company was $91.00 last year before shipping rates started getting cut. Im a buyer of ZIM in the $10-$15.00 range before the next dividend

just look at a chart, it always sells off before the next divy
👍️ 1
WMsince2008 WMsince2008 2 years ago
I agree $40 end of year 2023
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tprosuper tprosuper 2 years ago
I am thankful that at least there is a tax agreement with my country (USA), that I can claim the tax.
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zulual zulual 2 years ago
So are we double taxed?
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tprosuper tprosuper 2 years ago
I think I can see this pps rebounding some this year. The company seems to be well managed.
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trglaa trglaa 2 years ago
I hate that foreign tax
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WMsince2008 WMsince2008 2 years ago
Buy low sell high , buy now will sell $40 EOY what you think ?
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zulual zulual 2 years ago
Why the PPS dropped so big?
Am I paying my own dividends?, looks like I did not have any benefits for this dividends?
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WMsince2008 WMsince2008 2 years ago
I received dividend paid out today
Thanks
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