The Swisscom share
The Swisscom share is listed on the Swiss Market Index, comprising the largest and most liquid stocks traded on the Swiss stock exchange. As well as being listed on the Swiss Stock Exchange, the securities are also traded by the Bank of New York in the US. Swisscom shares are not traded on alternative stock markets. The Swisscom share enjoys a sound reputation on the capital market with attractive dividends.
| ISIN | CH0008742519(opens in new tab) |
| Issued shares | {shares} |
| Market capitalisation (CHF billion) | {cap} |
| Symbol | SCMN |
| ISIN | US8710131082(opens in new tab) |
| Issued shares | {shares} |
| Market capitalisation (USD billion) | {cap} |
| Symbol | SCMN |
Return
Total shareholder return is calculated from the share price development and the dividend. Total return shows the share price development including reinvested dividend for the given period.
Dividend
Swisscom pursues a stable dividend policy in harmony with cash flow and capital allocation. This has remained at CHF 22 per share since 2011 and corresponds to an average dividend yield of over four percent per year. Swisscom plans to propose an unchanged dividend of CHF 22 per share for the current fiscal year on achieving the financial targets of the 2022 General Meeting of Shareholders.
Return calculator
You can use the return calculator to calculate the current value and income from your investments in Swisscom shares. You can calculate performance on the basis of number of shares purchased or invested amount.
Analysts
Swisscom's strategy, business performance and market situation are subject to continual assessment by analysts from the leading financial institutions. Their recommendations can be summarised as follows:
Buy
17,4%
Hold
47,8%
Sell
34,8%
(Source: Bloomberg, 10.10.2022)
Current analyst recommendations in detail
The recommendations listed below are updated on an ongoing basis. This list is not definitive. The analysts' opinions are based on their estimates and assumptions and are not necessarily shared by Swisscom.
| Update | 06.10.22 |
|---|---|
| Bank | AlphaValue/Baader Europe(opens in new tab) |
| Analyst | Jean-Michel Salvador |
| Phone Number | +49 619 6761 3218 |
| Recommendation | add |
| Update | 05.10.22 |
|---|---|
| Bank | BNP Paribas Exane(opens in new tab) |
| Analyst | Joshua Mills |
| Phone Number | +44 203 430 8670 |
| Recommendation | outperform |
| Update | 30.09.22 |
|---|---|
| Bank | Credit Suisse(opens in new tab) |
| Analyst | Jakob Bluestone |
| Phone Number | +44 207 883 0834 |
| Recommendation | underperform |
| Update | 30.09.22 |
|---|---|
| Bank | Redburn(opens in new tab) |
| Analyst | Steve Malcolm |
| Phone Number | +44 207 000 2195 |
| Recommendation | sell |
| Update | 16.09.22 |
|---|---|
| Bank | Barclays(opens in new tab) |
| Analyst | Maurice Patrick |
| Phone Number | +44 203 134 3622 |
| Recommendation | underweight |
| Update | 15.09.22 |
|---|---|
| Bank | HSBC(opens in new tab) |
| Analyst | Luigi Minerva |
| Phone Number | +44 207 991 6928 |
| Recommendation | hold |
| Update | 08.09.22 |
|---|---|
| Bank | New Street Research LLP(opens in new tab) |
| Analyst | Russell Waller |
| Phone Number | +44 207 375 9125 |
| Recommendation | neutral |
| Update | 15.08.22 |
|---|---|
| Bank | Bank Vontobel AG(opens in new tab) |
| Analyst | Mark Diethelm |
| Phone Number | +41 58 283 71 82 |
| Recommendation | hold |
| Update | 15.08.22 |
|---|---|
| Bank | DZ Bank AG Research(opens in new tab) |
| Analyst | Matthias Volkert |
| Phone Number | +49 697 4473 936 |
| Recommendation | sell |
| Update | 08.08.22 |
|---|---|
| Bank | Citi(opens in new tab) |
| Analyst | Georgios Ierodiaconou |
| Phone Number | +44 207 986 4204 |
| Recommendation | neutral |
| Update | 08.08.22 |
|---|---|
| Bank | Landesbank Baden-Wuerttemberg(opens in new tab) |
| Analyst | Bettina Deuscher(opens in new tab) |
| Phone Number | +49 711 127 73105 |
| Recommendation | hold |
| Update | 04.08.22 |
|---|---|
| Bank | Societe Generale(opens in new tab) |
| Analyst | Nuno Vaz |
| Phone Number | +44 207 676 7172 |
| Recommendation | hold |
| Update | 04.08.22 |
|---|---|
| Bank | Morgan Stanley(opens in new tab) |
| Analyst | Nawar Cristini |
| Phone Number | +34 91 418 1217 |
| Recommendation | Overwt/Attractive |
| Update | 04.08.22 |
|---|---|
| Bank | JP Morgan(opens in new tab) |
| Analyst | Roman Arbuzov |
| Phone Number | +44 207 134 4885 |
| Recommendation | neutral |
| Update | 04.08.22 |
|---|---|
| Bank | Bernstein(opens in new tab) |
| Analyst | Stan Noel |
| Phone Number | +44 207 959 4838 |
| Recommendation | market perform |
| Update | 04.08.22 |
|---|---|
| Bank | Morningstar(opens in new tab) |
| Analyst | Javier Correonero |
| Phone Number | +1 877 626 3227 |
| Recommendation | sell |
| Update | 04.08.22 |
|---|---|
| Bank | Research Partners AG(opens in new tab) |
| Analyst | Reto Huber |
| Phone Number | +41 44 533 40 30 |
| Recommendation | hold |
| Update | 28.07.22 |
|---|---|
| Bank | ISS-EVA(opens in new tab) |
| Analyst | Casey Lea |
| Phone Number | +1 617 571 0362 |
| Recommendation | overweight |
| Update | 14.07.22 |
|---|---|
| Bank | Sadif Investment Analytics |
| Analyst | Team Coverage |
| Phone Number | n/a |
| Recommendation | buy |
| Update | 12.07.22 |
|---|---|
| Bank | Deutsche Bank |
| Analyst | Robert Grindle |
| Phone Number | +44 207 545 8490 |
| Recommendation | hold |
| Update | 23.05.22 |
|---|---|
| Bank | Berenberg |
| Analyst | Usman Ghazi |
| Phone Number | +44 203 207 7824 |
| Recommendation | sell |
| Update | 04.05.22 |
|---|---|
| Bank | Goldman Sachs |
| Analyst | Andrew Lee |
| Phone Number | +44 207 774 1383 |
| Recommendation | sell |
Analyst Consensus Q3 2022
The analyst consensus (published as of October 6th 2022) reflects averages based on analyst estimates for key financial data received from September 8th – October 5th 2022.
Ownership structure
After completion of the final share buyback in 2006 and the implemented capital reduction (by 4.9 million shares), Swisscom has had a static 51.8 million shares since 2009. The Swiss Confederation significantly reduced its holding in 2013 (by 5.6%). Today, Swisscom's majority shareholder holds 51% of the shares.
Buybacks
Through its four buyback programmes in 2002, 2004, 2005 and 2006, Swisscom reimbursed a total of CHF 10.4 billion to shareholders. In addition to the dividends in the 2000, 2001 and 2002 fiscal years CHF 8 per share or CHF 1.6 billion was paid out in the form of tax-free capital reductions.
The opinions, estimates and forecasts of analysts, and the consensus information presented derived from it, regarding Swisscom’s performance are the analysts’ alone and do not represent opinions, estimates or forecasts of Swisscom or its management. Swisscom has not verified any of the information it has received and makes no representation as to the accuracy or completeness of the consensus information. Nor does Swisscom endorse or concur with, or assume responsibility for, such analyst information or recommendations or assume any responsibility to update or supplement such information. This material is being provided for information purposes only and is not intended to, nor does it, constitute investment advice or any solicitation to buy, hold or sell securities or other financial instruments.
Consensus on Swisscom’s financial results also available from other sources and they could differ from what is reported above due to the different analysts involved, timing at which the data is collected and/or other reasons. Swisscom does not assume any liability for any potential discrepancy.
Disclosure of holdings:
Any shareholder that reaches, falls below or exceeds a threshold of 3, 5, 10, 15, 20, 25, 33⅓, 50 or 66⅔ percent of the voting rights, has a duty of disclosure towards Swisscom and the SIX Swiss Exchange.