Equities Analysts Set Expectations for Taiwan Semiconductor Manufacturing Company Limited’s Q4 2024 Earnings (NYSE:TSM)

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSMFree Report) – Wedbush lowered their Q4 2024 earnings per share (EPS) estimates for Taiwan Semiconductor Manufacturing in a research note issued on Wednesday, July 10th. Wedbush analyst M. Bryson now anticipates that the semiconductor company will earn $1.83 per share for the quarter, down from their prior forecast of $1.84. The consensus estimate for Taiwan Semiconductor Manufacturing’s current full-year earnings is $6.13 per share. Wedbush also issued estimates for Taiwan Semiconductor Manufacturing’s Q2 2025 earnings at $1.94 EPS, Q1 2026 earnings at $2.02 EPS and Q2 2026 earnings at $2.39 EPS.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Free Report) last issued its quarterly earnings data on Thursday, April 18th. The semiconductor company reported $1.38 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.09. Taiwan Semiconductor Manufacturing had a return on equity of 24.75% and a net margin of 38.15%. The firm had revenue of $18.87 billion during the quarter, compared to analysts’ expectations of $18.38 billion.

A number of other equities research analysts have also recently commented on the stock. Barclays increased their target price on shares of Taiwan Semiconductor Manufacturing from $150.00 to $170.00 and gave the company an “overweight” rating in a research report on Wednesday, June 5th. Susquehanna raised their price objective on Taiwan Semiconductor Manufacturing from $200.00 to $250.00 and gave the stock a “positive” rating in a research report on Thursday. TD Cowen upped their target price on Taiwan Semiconductor Manufacturing from $100.00 to $130.00 and gave the company a “hold” rating in a research report on Thursday, April 18th. StockNews.com raised Taiwan Semiconductor Manufacturing from a “hold” rating to a “buy” rating in a report on Thursday, April 11th. Finally, Needham & Company LLC restated a “buy” rating and set a $168.00 price objective on shares of Taiwan Semiconductor Manufacturing in a report on Wednesday, May 22nd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $183.60.

Check Out Our Latest Stock Analysis on TSM

Taiwan Semiconductor Manufacturing Stock Performance

Shares of Taiwan Semiconductor Manufacturing stock opened at $187.39 on Thursday. Taiwan Semiconductor Manufacturing has a one year low of $84.01 and a one year high of $193.47. The company has a market capitalization of $971.88 billion, a PE ratio of 35.69, a P/E/G ratio of 1.31 and a beta of 1.14. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.39. The company has a 50-day simple moving average of $165.18 and a two-hundred day simple moving average of $140.20.

Taiwan Semiconductor Manufacturing Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 9th. Shareholders of record on Thursday, September 12th will be given a dividend of $0.4865 per share. The ex-dividend date is Thursday, September 12th. This represents a $1.95 dividend on an annualized basis and a yield of 1.04%. This is a boost from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.44. Taiwan Semiconductor Manufacturing’s payout ratio is currently 32.57%.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Johnson Financial Group Inc. purchased a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter valued at approximately $25,000. LifeSteps Financial Inc. acquired a new stake in Taiwan Semiconductor Manufacturing during the 1st quarter valued at approximately $27,000. Olistico Wealth LLC purchased a new stake in shares of Taiwan Semiconductor Manufacturing in the 2nd quarter valued at $27,000. North Star Investment Management Corp. increased its stake in shares of Taiwan Semiconductor Manufacturing by 670.4% in the first quarter. North Star Investment Management Corp. now owns 208 shares of the semiconductor company’s stock worth $28,000 after acquiring an additional 181 shares during the period. Finally, Sachetta LLC purchased a new position in shares of Taiwan Semiconductor Manufacturing during the fourth quarter worth $29,000. 16.51% of the stock is owned by institutional investors and hedge funds.

About Taiwan Semiconductor Manufacturing

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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.

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Earnings History and Estimates for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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