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TIM S.A. (TIMB)

Communication Services | Telecom Services | Rio De Janeiro, Brazil | NYSE
22.72 USD +0.83 (3.792%) ⇧ (July 14, 2026, 4 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 4:17 a.m. EDT

The long-term outlook remains solid, driven by a robust nine-year price trajectory that is up 72% with no recent consecutive declines, supported by healthy 17.7% ROE and accelerating revenue growth. However, the short-term picture is clouded by a deteriorating balance sheet; debt-to-equity has surged to 68.5%, and the payout ratio sits at a precarious 87.4%, leaving little room for error if earnings stumble. While the 6.8% dividend yield is attractive, it is largely a function of the depressed share price rather than a sign of excess cash generation. The options market confirms this hesitation, with sellers aggressively placing puts at the $25 level to cap upside potential. Until the debt load stabilizes and the payout ratio drops below 60%, this remains a hold rather than a high-conviction buy.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_97_126 ✓0.112462
MSTL_970.114938
AutoARIMA0.170291
AutoETS0.170336
MSTL_1260.171805
MSTL0.178127
AutoTheta0.178922

Forecast horizon: 60 days | Selected: MSTL_97_126

Forecast Reliability
Score 41%
H-stat 8.13
Ljung-Box p 0.000
Jarque-Bera p 0.023
Excess Kurtosis -0.52
Attribute Value
Sector Communication Services
Ex Dividend Date 2026-06-28
Last Dividend Date 2026-06-28
Debt to Equity Ratio 68.548
Revenue per Share 56.2
Market Cap 10,854,108,160
Trailing P/E 13.13
Forward P/E 10.48
Beta 0.11
Profit Margins 16.02%
Previous Name TIM Participações S.A.
Website https://www.tim.com.br

As of July 11, 2026, 4:17 a.m. EDT: Speculators are positioning defensively with heavy put volume concentrated at the $25 strike, creating a significant wall of resistance against upside moves. Call activity is sparse and mostly centered at the money, suggesting a lack of aggressive bullish conviction. Implied volatility is elevated relative to the low trading volume, indicating uncertainty rather than a clear directional bet.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.75% 1.98% 5.72% 5.49%
Dividend History
Date Dividend Yield %
2026-06-29 0.162000 0.750695
2026-03-30 0.155000 0.608559
2025-08-04 0.119000 0.618503
2025-05-23 0.111000 0.654095
2025-04-10 0.491000 3.397924
2025-04-04 0.178000 1.170283
2025-02-21 0.072000 0.482574
2024-12-30 0.226000 1.929974
2024-09-30 0.108000 0.627178
2024-06-27 0.111000 0.764463
2024-04-10 0.535000 3.048433
2024-03-28 0.079000 0.445070
2023-12-22 0.272000 1.483097
2023-09-28 0.175000 1.179245
2023-06-23 0.124000 0.815789
2023-04-28 0.095000 0.682471
2023-04-11 0.249000 1.928737
2022-12-22 0.181000 1.530008
2022-09-22 0.190000 1.587302
2022-06-24 0.103000 0.859766
2022-04-01 0.080000 0.519143
2021-12-23 0.210000 1.863354
2021-10-06 0.051000 0.483871
2021-06-22 0.137000 1.133168
2020-12-21 0.223000 1.621818
2020-10-20 0.191000 1.656548
2020-01-21 0.120000 0.606061
2019-10-08 0.189000 1.365607
2019-08-12 0.186000 1.235060
2019-01-04 0.201000 1.252337
2018-07-27 0.129000 0.771531
2018-05-17 0.133000 0.733186
2018-04-27 0.063000 0.274749
2017-11-16 0.120000 0.670391
2017-04-20 0.099000 0.601824
2016-04-20 0.278000 2.650143
2015-04-15 0.245000 1.491175
2014-05-13 0.781000 2.835875
2013-05-13 0.759000 3.729730
2012-04-19 0.604000 2.019392
2011-04-19 0.750149 2.765958
2010-04-28 0.423557 2.903749
2009-04-03 0.277216 3.886573
2008-05-20 0.002380 0.013028
2008-04-14 0.481856 2.642740
2007-04-13 0.550268 2.466010
2006-03-13 0.197501 0.893191
2005-12-20 0.208804 1.456430
2005-03-10 0.135039 1.402103
2005-01-03 0.093992 1.052635
2004-06-09 0.000595 0.008384
2004-04-26 0.157049 1.637713
2004-01-02 0.068412 0.817927
2003-04-17 0.016657 0.341468
2003-03-19 0.057109 1.437129
2003-01-02 0.078525 1.609762
2002-04-03 0.006544 0.083022
2001-12-27 0.155860 1.636481
2001-07-12 0.006544 0.063882
2001-04-23 0.075550 0.736229
2000-12-27 0.023200 0.146476
1999-12-29 0.138013 0.708397
1999-04-28 0.055324 0.469399
1999-01-04 0.452112 4.296821
Additional Data
dividendRate 1.48
dividendYield 6.53
exDividendDate 2026-06-29
trailingAnnualDividendRate 1.458
trailingAnnualDividendYield 0.066605754
lastDividendValue 0.162
lastDividendDate 2026-06-29
dividendDate 2026-07-29

Info Dump

Attribute Value
52 Week Change 0.17624938
Address1 Avenida Joao Cabral de Melo Neto
Address2 850 Torre Norte, 12th floor, Room 1212 Barra da Tijuca
All Time High 41.195717
All Time Low 3.390839
Ask 23.18
Ask Size 200
Average Analyst Rating 2.9 - Hold
Average Daily Volume10 Day 412,410
Average Daily Volume3 Month 362,570
Average Volume 362,570
Average Volume10Days 412,410
Beta 0.106
Bid 0.0
Bid Size 300
Book Value 9.950557
City Rio De Janeiro
Country Brazil
Crypto Tradeable 0
Currency USD
Current Price 22.72
Current Ratio 0.916
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 22.72
Day Low 22.17
Debt To Equity 68.548
Display Name TIM
Dividend Date 1,785,283,200
Dividend Rate 1.48
Dividend Yield 6.53
Earnings Call Timestamp End 1,778,072,400
Earnings Call Timestamp Start 1,778,072,400
Earnings Growth 0.032
Earnings Quarterly Growth 0.024
Earnings Timestamp 1,785,182,400
Earnings Timestamp End 1,785,182,400
Earnings Timestamp Start 1,785,182,400
Ebitda 11,275,576,320
Ebitda Margins 0.41704
Enterprise To Ebitda 1.926
Enterprise To Revenue 0.803
Enterprise Value 21,722,263,552
Eps Current Year 1.83301
Eps Forward 2.16858
Eps Trailing Twelve Months 1.73
Esg Populated 0
Ex Dividend Date 1,782,691,200
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 22.419
Fifty Day Average Change 0.3009987
Fifty Day Average Change Percent 0.013426053
Fifty Two Week Change Percent 17.624939
Fifty Two Week High 28.22
Fifty Two Week High Change -5.5
Fifty Two Week High Change Percent -0.19489723
Fifty Two Week Low 17.65
Fifty Two Week Low Change 5.0699997
Fifty Two Week Low Change Percent 0.28725213
Fifty Two Week Range 17.65 - 28.22
Financial Currency BRL
First Trade Date Milliseconds 911,226,600,000
Five Year Avg Dividend Yield 5.36
Float Shares 477,341,923
Forward Eps 2.16858
Forward P E 10.476901
Free Cashflow 4,539,948,544
Full Exchange Name NYSE
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.54046
Gross Profits 14,612,629,504
Has Pre Post Market Data 1
Held Percent Insiders 0.00014
Held Percent Institutions 0.04809
Implied Shares Outstanding 477,733,664
Industry Telecom Services
Industry Disp Telecom Services
Industry Key telecom-services
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,782,691,200
Last Dividend Value 0.162
Last Fiscal Year End 1,767,139,200
Long Business Summary TIM S.A. engages in the telecommunications sector in Brazil. It offers landline switched telephone services in local, national, and international long-distance modes, as well as personal mobile and multimedia communication services. The company is based in Rio de Janeiro, Brazil. TIM S.A. is a subsidiary of TIM Brasil Serviços e Participações S.A.
Long Name TIM S.A.
Market us_market
Market Cap 10,854,108,160
Market State PRE
Max Age 86,400
Message Board Id finmb_413394
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-15
Net Income To Common 4,331,454,976
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 10,353,047,184
Number Of Analyst Opinions 8
Open 22.23
Operating Cashflow 13,610,129,408
Operating Margins 0.24306999
Payout Ratio 0.8743
Peg Ratio 1.41
Pre Market Change 0.010000229
Pre Market Change Percent 0.044015095
Pre Market Price 22.73
Pre Market Time 1,784,109,618
Prev Name TIM Participações S.A.
Previous Close 21.89
Price Eps Current Year 12.394913
Price Hint 2
Price To Book 2.2832892
Price To Sales Trailing12 Months 0.40145046
Profit Margins 0.1602
Quick Ratio 0.795
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 2.875
Region US
Regular Market Change 0.83
Regular Market Change Percent 3.79169
Regular Market Day High 22.72
Regular Market Day Low 22.17
Regular Market Day Range 22.17 - 22.72
Regular Market Open 22.23
Regular Market Previous Close 21.89
Regular Market Price 22.72
Regular Market Time 1,784,059,203
Regular Market Volume 1,071,443
Return On Assets 0.075890005
Return On Equity 0.17724001
Revenue Growth 0.065
Revenue Per Share 56.2
Sand P52 Week Change 0.20365608
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Shares Outstanding 477,733,664
Shares Percent Shares Out 0.0038
Shares Short 1,805,911
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 1,337,935
Short Name TIM S.A.
Short Percent Of Float 0.0119
Short Ratio 6.14
Source Interval 15
State RJ
Symbol TIMB
Target High Price 28.5
Target Low Price 23.4
Target Mean Price 25.36625
Target Median Price 24.265
Total Cash 5,871,318,016
Total Cash Per Share 12.29
Total Debt 16,739,472,384
Total Revenue 27,037,229,056
Tradeable 0
Trailing Annual Dividend Rate 1.458
Trailing Annual Dividend Yield 0.066605754
Trailing Eps 1.73
Trailing P E 13.132947
Trailing Peg Ratio 1.3855
Triggerable 1
Two Hundred Day Average 23.29615
Two Hundred Day Average Change -0.5761509
Two Hundred Day Average Change Percent -0.024731593
Type Disp Equity
Volume 1,071,443
Website https://www.tim.com.br
Zip 22,775-057