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.

Go to calculator

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)

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 Bank   Analyst Phone Number Recommendation
06.10.22 AlphaValue/Baader Europe(opens in new tab) Jean-Michel Salvador +49 619 6761 3218 add
05.10.22 BNP Paribas Exane(opens in new tab) Joshua Mills +44 203 430 8670 outperform
30.09.22 Credit Suisse(opens in new tab) Jakob Bluestone +44 207 883 0834 underperform
30.09.22 Redburn(opens in new tab) Steve Malcolm +44 207 000 2195 sell
16.09.22 Barclays(opens in new tab) Maurice Patrick +44 203 134 3622 underweight
15.09.22 HSBC(opens in new tab) Luigi Minerva +44 207 991 6928 hold
08.09.22 New Street Research LLP(opens in new tab) Russell Waller +44 207 375 9125 neutral
15.08.22 Bank Vontobel AG(opens in new tab) Mark Diethelm +41 58 283 71 82 hold
15.08.22 DZ Bank AG Research(opens in new tab) Matthias Volkert +49 697 4473 936 sell
08.08.22 Citi(opens in new tab) Georgios Ierodiaconou +44 207 986 4204 neutral
08.08.22 Landesbank Baden-Wuerttemberg(opens in new tab) Bettina Deuscher(opens in new tab) +49 711 127 73105 hold
04.08.22 Societe Generale(opens in new tab) Nuno Vaz +44 207 676 7172 hold
04.08.22 Morgan Stanley(opens in new tab) Nawar Cristini +34 91 418 1217 Overwt/Attractive
04.08.22 JP Morgan(opens in new tab) Roman Arbuzov +44 207 134 4885 neutral
04.08.22 Bernstein(opens in new tab) Stan Noel +44 207 959 4838 market perform
04.08.22 Morningstar(opens in new tab) Javier Correonero +1 877 626 3227 sell
04.08.22 Research Partners AG(opens in new tab) Reto Huber +41 44 533 40 30  hold
28.07.22 ISS-EVA(opens in new tab) Casey Lea +1 617 571 0362 overweight
14.07.22 Sadif Investment Analytics Team Coverage n/a buy
12.07.22 Deutsche Bank Robert Grindle +44 207 545 8490 hold
23.05.22 Berenberg Usman Ghazi +44 203 207 7824 sell
04.05.22 Goldman Sachs Andrew Lee +44 207 774 1383 sell
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.

​Analyst Consensus Q3 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.

Total number of shares issued 2004 to today

Five good reasons for investing in Swisscom

Become a Swisscom shareholder and invest in a company with a long-standing track record in the future markets of technology, communication and entertainment.

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.

 More about share buybacks

Ratings

Independent ratings assess Swisscom’s corporate responsibility, standardised according to ESG criteria, and ensure that the environmental impact, social aspects and governance of our activity are transparent and comparable.

Tax value

Per share in CHF

516.40

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.