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Millicom International Cellular (TIGO) Stock Price, News & Analysis

Millicom International Cellular logo
$30.05 -0.22 (-0.73%)
Closing price 04:00 PM Eastern
Extended Trading
$30.05 0.00 (0.00%)
As of 05:32 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Millicom International Cellular Stock (NASDAQ:TIGO)

Key Stats

Today's Range
$30.02
$30.78
50-Day Range
$25.89
$31.22
52-Week Range
$19.50
$31.63
Volume
992,843 shs
Average Volume
258,561 shs
Market Capitalization
$5.17 billion
P/E Ratio
31.97
Dividend Yield
9.98%
Price Target
$33.98
Consensus Rating
Buy

Company Overview

Millicom International Cellular S.A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. The company also operates TIGO Sports for local entertainment; Tigo Money that allows its customers to send and receive money without the need for a bank account; and TIGO ONEtv for pay TV. In addition, it provides fixed services, including broadband and fixed voice; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg.

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Millicom International Cellular Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
71st Percentile Overall Score

TIGO MarketRank™: 

Millicom International Cellular scored higher than 71% of companies evaluated by MarketBeat, and ranked 278th out of 662 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Millicom International Cellular has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Millicom International Cellular has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Millicom International Cellular's stock forecast and price target.
  • Earnings Growth

    Earnings for Millicom International Cellular are expected to grow by 48.69% in the coming year, from $1.91 to $2.84 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Millicom International Cellular is 31.97, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.55.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Millicom International Cellular is 31.97, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.66.

  • Read more about Millicom International Cellular's valuation and earnings.
  • Percentage of Shares Shorted

    1.41% of the float of Millicom International Cellular has been sold short.
  • Short Interest Ratio / Days to Cover

    Millicom International Cellular has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Millicom International Cellular has recently increased by 71.66%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Millicom International Cellular pays a meaningful dividend of 3.36%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Millicom International Cellular does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Millicom International Cellular is 202.70%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Millicom International Cellular will have a dividend payout ratio of 105.63% in the coming year. This indicates that Millicom International Cellular may not be able to sustain their current dividend.

  • Read more about Millicom International Cellular's dividend.
  • Percentage of Shares Shorted

    1.41% of the float of Millicom International Cellular has been sold short.
  • Short Interest Ratio / Days to Cover

    Millicom International Cellular has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Millicom International Cellular has recently increased by 71.66%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Millicom International Cellular has a news sentiment score of 0.90. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.76 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Millicom International Cellular this week, compared to 3 articles on an average week.
  • Search Interest

    8 people have searched for TIGO on MarketBeat in the last 30 days.
  • MarketBeat Follows

    Only 2 people have added Millicom International Cellular to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
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TIGO Stock News Headlines

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TIGO Stock Analysis - Frequently Asked Questions

Millicom International Cellular's stock was trading at $25.01 at the start of the year. Since then, TIGO shares have increased by 20.2% and is now trading at $30.05.
View the best growth stocks for 2025 here
.

Millicom International Cellular S.A. (NASDAQ:TIGO) posted its quarterly earnings results on Thursday, November, 7th. The technology company reported $0.30 earnings per share for the quarter, missing analysts' consensus estimates of $0.68 by $0.38. The firm's revenue for the quarter was up .5% compared to the same quarter last year.

Shares of TIGO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Millicom International Cellular investors own include Meta Platforms (META), Tesla (TSLA), QUALCOMM (QCOM), NVIDIA (NVDA), AT&T (T), Broadcom (AVGO) and Salesforce (CRM).

Company Calendar

Last Earnings
11/07/2024
Record date for 1/10 Dividend
1/03/2025
Ex-Dividend for 1/10 Dividend
1/03/2025
Dividend Payable
1/10/2025
Today
4/01/2025
Record date for 4/15 Dividend
4/08/2025
Ex-Dividend for 4/15 Dividend
4/08/2025
Dividend Payable
4/15/2025
Next Earnings (Estimated)
5/14/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Radiotelephone communication
Sub-Industry
Communication
Current Symbol
NASDAQ:TIGO
Previous Symbol
NASDAQ:MICC
Employees
19,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$33.98
High Stock Price Target
$37.90
Low Stock Price Target
$32.00
Potential Upside/Downside
+12.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Trailing P/E Ratio
32.25
Forward P/E Ratio
15.87
P/E Growth
N/A
Net Income
$-82,000,000.00
Pretax Margin
8.53%

Debt

Sales & Book Value

Annual Sales
$5.80 billion
Cash Flow
$15.95 per share
Price / Cash Flow
1.90
Price / Book
N/A

Miscellaneous

Free Float
171,201,000
Market Cap
$5.22 billion
Optionable
Optionable
Beta
1.23

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This page (NASDAQ:TIGO) was last updated on 4/1/2025 by MarketBeat.com Staff
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