Taiwan Semiconductor Manufacturing (NYSE:TSM) Posts Earnings Results, Beats Expectations By $0.08 EPS

Taiwan Semiconductor Manufacturing (NYSE:TSM - Get Free Report) released its earnings results on Thursday. The semiconductor company reported $2.24 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.16 by $0.08, Zacks reports. Taiwan Semiconductor Manufacturing had a net margin of 39.10% and a return on equity of 27.44%. Taiwan Semiconductor Manufacturing updated its Q1 2025 guidance to EPS.

Taiwan Semiconductor Manufacturing Trading Up 4.0 %

NYSE:TSM traded up $8.26 on Thursday, reaching $215.06. The company's stock had a trading volume of 37,776,287 shares, compared to its average volume of 17,656,201. Taiwan Semiconductor Manufacturing has a 12-month low of $100.00 and a 12-month high of $222.20. The stock has a 50 day moving average price of $197.53 and a 200 day moving average price of $183.96. The firm has a market cap of $1.12 trillion, a price-to-earnings ratio of 34.46, a price-to-earnings-growth ratio of 0.76 and a beta of 1.07. The company has a quick ratio of 2.30, a current ratio of 2.57 and a debt-to-equity ratio of 0.24.

Taiwan Semiconductor Manufacturing Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 10th. Investors of record on Tuesday, March 18th will be given a $0.5484 dividend. This represents a $2.19 annualized dividend and a yield of 1.02%. This is a positive change from Taiwan Semiconductor Manufacturing's previous quarterly dividend of $0.49. The ex-dividend date is Tuesday, March 18th. Taiwan Semiconductor Manufacturing's dividend payout ratio is presently 30.77%.

Analyst Upgrades and Downgrades

TSM has been the subject of several research reports. StockNews.com cut shares of Taiwan Semiconductor Manufacturing from a "buy" rating to a "hold" rating in a research note on Sunday, November 17th. Needham & Company LLC restated a "buy" rating and issued a $225.00 price target on shares of Taiwan Semiconductor Manufacturing in a research report on Thursday. Barclays lifted their price objective on Taiwan Semiconductor Manufacturing from $215.00 to $240.00 and gave the stock an "overweight" rating in a research report on Monday, November 18th. Finally, Susquehanna restated a "buy" rating on shares of Taiwan Semiconductor Manufacturing in a report on Friday, October 18th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $217.00.

About Taiwan Semiconductor Manufacturing

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.