Q4 2024 EPS Estimates for Taiwan Semiconductor Manufacturing Company Limited Reduced by Wedbush (NYSE:TSM)

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) – Research analysts at Wedbush decreased their Q4 2024 earnings per share estimates for shares of Taiwan Semiconductor Manufacturing in a note issued to investors on Wednesday, July 10th. Wedbush analyst M. Bryson now forecasts that the semiconductor company will post earnings per share of $1.83 for the quarter, down from their prior estimate 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:TSM) last announced its earnings results on Thursday, April 18th. The semiconductor company reported $1.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.09. The business had revenue of $18.87 billion during the quarter, compared to analyst estimates of $18.38 billion. Taiwan Semiconductor Manufacturing had a net margin of 38.15% and a return on equity of 24.75%.

Several other equities analysts have also commented on the company. Needham & Company LLC reiterated a “buy” rating and set a $168.00 price objective on shares of Taiwan Semiconductor Manufacturing in a research report on Wednesday, May 22nd. Susquehanna lifted their price target on shares of Taiwan Semiconductor Manufacturing from $200.00 to $250.00 and gave the stock a “positive” rating in a research note on Thursday. TD Cowen boosted their price objective on shares of Taiwan Semiconductor Manufacturing from $100.00 to $130.00 and gave the stock a “hold” rating in a report on Thursday, April 18th. Sanford C. Bernstein increased their target price on shares of Taiwan Semiconductor Manufacturing from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Thursday, June 20th. Finally, Barclays boosted their price target on shares of Taiwan Semiconductor Manufacturing from $150.00 to $170.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 5th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $183.60.

Taiwan Semiconductor Manufacturing Stock Up 1.6 %

Shares of NYSE:TSM opened at $187.39 on Thursday. The firm has a fifty day moving average of $165.18 and a 200 day moving average of $140.20. Taiwan Semiconductor Manufacturing has a 52-week low of $84.01 and a 52-week high of $193.47. 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 firm has a market capitalization of $971.88 billion, a PE ratio of 35.69, a price-to-earnings-growth ratio of 1.31 and a beta of 1.14.

Taiwan Semiconductor Manufacturing Increases Dividend

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

Institutional Investors Weigh In On Taiwan Semiconductor Manufacturing

A number of large investors have recently added to or reduced their stakes in TSM. Cadence Bank grew its stake in shares of Taiwan Semiconductor Manufacturing by 0.5% in the first quarter. Cadence Bank now owns 15,004 shares of the semiconductor company’s stock worth $2,041,000 after purchasing an additional 69 shares during the last quarter. ZRC Wealth Management LLC increased its stake in shares of Taiwan Semiconductor Manufacturing by 20.9% during the second quarter. ZRC Wealth Management LLC now owns 405 shares of the semiconductor company’s stock valued at $70,000 after buying an additional 70 shares during the period. Joel Isaacson & Co. LLC raised its holdings in shares of Taiwan Semiconductor Manufacturing by 2.5% during the first quarter. Joel Isaacson & Co. LLC now owns 3,048 shares of the semiconductor company’s stock valued at $415,000 after acquiring an additional 74 shares in the last quarter. Toth Financial Advisory Corp lifted its stake in Taiwan Semiconductor Manufacturing by 3.3% in the first quarter. Toth Financial Advisory Corp now owns 2,288 shares of the semiconductor company’s stock worth $311,000 after acquiring an additional 74 shares during the period. Finally, Principle Wealth Partners LLC boosted its holdings in Taiwan Semiconductor Manufacturing by 1.3% in the first quarter. Principle Wealth Partners LLC now owns 5,940 shares of the semiconductor company’s stock valued at $808,000 after acquiring an additional 77 shares in the last quarter. Institutional investors own 16.51% of the company’s stock.

Taiwan Semiconductor Manufacturing Company Profile

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.