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

21.7%

Hold

43.5%

Sell

34,8%

(Source: Bloomberg, 10.01.2023)

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
09.01.2023 HSBC LUIGI MINERVA +44 207 336 3276 Hold
05.01.2023 JP Morgan ROMAN ARBUZOV +44 207 134 4885 Overweight
05.01.2023 Barclays MAURICE PATRICK +44 203 555 4519 Underweight
05.01.2023 AlphaValue/Baader JEAN-MICHEL SALVADOR +49 619 6761 3218 Buy
03.01.2023 Credit Suisse JAKOB BLUESTONE +44 207 883 0834 Neutral
20.12.2022 New Street Research RUSSELL WALLER +44 207 375 9125 Neutral
05.12.2022 Deutsche Bank ROBERT GRINDLE +44 207 545 8490 Sell
29.11.2022 Morgan Stanley NAWAR CRISTINI +34 9141 81217 Overweight
17.11.2022 Morningstar, Inc ALLAN C NICHOLS +31 20 560 2931 Sell
15.11.2022 Exane BNP Paribas JOSHUA MILLS +44 207 039 9400 Outperform
04.11.2022 Research Partners RETO HUBER +41 44 533 40 30  Hold
02.11.2022 DZ Bank MATTHIAS VOLKERT +49 697 4473 936 Sell
01.11.2022 Goldman Sachs YEMI FALANA +44 207 774 1383 Sell
01.11.2022 Citi GEORGIOS IERODIACONOU +44 207 986 4086 Neutral
01.11.2022 Bank Vontobel AG MARK DIETHELM +41 44 283 7182 Hold
31.10.2022 Redburn STEVE MALCOLM +44 207 000 2195 Sell
28.10.2022 Landesbank Baden-Wuerttemberg BETTINA DEUSCHER +49 711 127 76791 Hold
27.10.2022 UBS POLO TANG +44 207 568 1902 Neutral
06.04.2022 Societe Generale NUNO VAZ +44 207 676 6350 Hold
24.03.2022 Berenberg Bank USMAN GHAZI +44 203 207 7824 Sell
05.08.2021 Zuercher Kantonalbank ANDREAS MUELLER +41 44 292 2154 Outperform
Update 09.01.2023
Bank   HSBC
Analyst LUIGI MINERVA
Phone Number +44 207 336 3276
Recommendation Hold
Update 05.01.2023
Bank   JP Morgan
Analyst ROMAN ARBUZOV
Phone Number +44 207 134 4885
Recommendation Overweight
Update 05.01.2023
Bank   Barclays
Analyst MAURICE PATRICK
Phone Number +44 203 555 4519
Recommendation Underweight
Update 05.01.2023
Bank   AlphaValue/Baader
Analyst JEAN-MICHEL SALVADOR
Phone Number +49 619 6761 3218
Recommendation Buy
Update 03.01.2023
Bank   Credit Suisse
Analyst JAKOB BLUESTONE
Phone Number +44 207 883 0834
Recommendation Neutral
Update 20.12.2022
Bank   New Street Research
Analyst RUSSELL WALLER
Phone Number +44 207 375 9125
Recommendation Neutral
Update 05.12.2022
Bank   Deutsche Bank
Analyst ROBERT GRINDLE
Phone Number +44 207 545 8490
Recommendation Sell
Update 29.11.2022
Bank   Morgan Stanley
Analyst NAWAR CRISTINI
Phone Number +34 9141 81217
Recommendation Overweight
Update 17.11.2022
Bank   Morningstar, Inc
Analyst ALLAN C NICHOLS
Phone Number +31 20 560 2931
Recommendation Sell
Update 15.11.2022
Bank   Exane BNP Paribas
Analyst JOSHUA MILLS
Phone Number +44 207 039 9400
Recommendation Outperform
Update 04.11.2022
Bank   Research Partners
Analyst RETO HUBER
Phone Number +41 44 533 40 30 
Recommendation Hold
Update 02.11.2022
Bank   DZ Bank
Analyst MATTHIAS VOLKERT
Phone Number +49 697 4473 936
Recommendation Sell
Update 01.11.2022
Bank   Goldman Sachs
Analyst YEMI FALANA
Phone Number +44 207 774 1383
Recommendation Sell
Update 01.11.2022
Bank   Citi
Analyst GEORGIOS IERODIACONOU
Phone Number +44 207 986 4086
Recommendation Neutral
Update 01.11.2022
Bank   Bank Vontobel AG
Analyst MARK DIETHELM
Phone Number +41 44 283 7182
Recommendation Hold
Update 31.10.2022
Bank   Redburn
Analyst STEVE MALCOLM
Phone Number +44 207 000 2195
Recommendation Sell
Update 28.10.2022
Bank   Landesbank Baden-Wuerttemberg
Analyst BETTINA DEUSCHER
Phone Number +49 711 127 76791
Recommendation Hold
Update 27.10.2022
Bank   UBS
Analyst POLO TANG
Phone Number +44 207 568 1902
Recommendation Neutral
Update 06.04.2022
Bank   Societe Generale
Analyst NUNO VAZ
Phone Number +44 207 676 6350
Recommendation Hold
Update 24.03.2022
Bank   Berenberg Bank
Analyst USMAN GHAZI
Phone Number +44 203 207 7824
Recommendation Sell
Update 05.08.2021
Bank   Zuercher Kantonalbank
Analyst ANDREAS MUELLER
Phone Number +41 44 292 2154
Recommendation Outperform

Analyst Consensus Q4 2022

The analyst consensus (published as of January 6th 2023) reflects averages based on analyst estimates for key financial data received from 6th to 23rd December 2022.

Analyst Consensus Q4 2022(opens in new tab)

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

506.60

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.