ZIM Stock Recent News

ZIM Integrated Shipping Services' dividend return and strong 2024 profits make it appealing for passive income investors, despite recent sea freight rate volatility. The company's 2024 GAAP profits exceeded estimates, driven by positive shipping market trends, with a promising 2025 outlook supported by robust global economic growth. ZIM trades at a significant discount to book value, offering potential capital upside and a leading 22% estimated dividend yield, enhancing its investment appeal.

Suez Canal re-opening will likely be later than ZIMs conservative Mid-2025 guidance in Q4 report. Geopolitical impacts (trade wars, decarbonization) on freight are widely overblown given the 2018+ tariff impacts of only -0.5% volume growth. “Pull-forward” effects have not led to an inventory glut and should not significantly impact 2025 peak season.

ZIM Integrated Shipping Services Ltd.'s recent Q4 earnings beat estimates and reported generous dividends in 2024. However, I see large chance for a deep dividend cut – or even elimination of – in 2025. Actually, I am more concerned about its cash burn rates than dividend cuts given its current obligations and the profit headwinds ahead.

In the fourth quarter of 2024, carried volumes increase 24.9% year over year at ZIM.

Shares of ZIM Integrated Shipping Services Ltd ZIM tanked in early trading on Thursday, despite the company reporting upbeat fourth-quarter results.

ZIM Integrated Shipping exceeded Q4'24 earnings estimates, driven by strong shipping rates and volume growth. The company reported $4.66 EPS for Q4'24, beating estimates by $1.17 per share, and $2.17B in revenue, surpassing the consensus by $150M. ZIM's guidance for FY 2025 forecasts $1.6-2.2B in adjusted EBITDA, reflecting a 49% Y/Y drop.

ZIM Integrated Shipping Services Ltd. (NYSE:ZIM ) Q4 2024 Earnings Conference Call March 12, 2025 8:00 AM ET Company Participants Eli Glickman - President, Chief Executive Officer Xavier Destriau - Executive Vice President, Chief Financial Officer Elana Holzman - Head of Investor Relations Conference Call Participants Muneeba Kayani - Bank of America Marco Limite - Barclays Omar Nokta - Jefferies Alexia Nogani - JP Morgan Operator Hello everyone and welcome to ZIM Integrated Shipping Services' fourth quarter and full year 2024 financial results conference call.

ZIM Integrated Shipping Services (ZIM) came out with quarterly earnings of $4.66 per share, beating the Zacks Consensus Estimate of $3.47 per share. This compares to loss of $1.23 per share a year ago.

Reported Full Year Revenues of $8.43 Billion, Net Income of $2.15 Billion, Adjusted EBITDA 1 of $3.69 Billion and Adjusted EBIT1 of $2.55 Billion 2 ; Generated Net Income, Adjusted EBITDA and Adjusted EBIT Margins1 of 26%, 44% and 30%, Respectively Achieved 14% Volume Growth in 2024 with Record Carried Volume of 982 Thousand TEUs in Q4 2024, Representing Third Consecutive Quarter of Record Carried Volume Declared Q4 2024 Dividend of Approximately $382 Million, or $3.17 per Share, Representing, Together with Previous Dividends Distributed During 2024, Approximately 45% of the Full Year 2024 Net Income Full Year 2025 Outlook: Adjusted EBITDA within $1.6 Billion to $2.2 Billion and Adjusted EBIT of $350 Million to $950 Million 3 HAIFA, Israel , March 12, 2025 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) ("ZIM" or the "Company"), a global container liner shipping company, announced today its consolidated results for the three and twelve months ended December 31, 2024

American stocks have plunged in the past few days. The S&P 500 index has crashed by over 8.6% from its highest level this year, and is at its lowest point since September 16.