América Móvil (AMX) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for América Móvil in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" AMX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AMX, but not buy additional shares or sell existing shares.
View AMX analyst ratings or view top-rated stocks.

8 brokers have issued twelve-month price objectives for América Móvil's shares. Their AMX share price forecasts range from $19.00 to $27.00. On average, they predict the company's share price to reach $22.43 in the next year. This suggests that the stock has a possible downside of 0.7%.
View analysts price targets for AMX or view top-rated stocks among Wall Street analysts.

América Móvil's stock was trading at $18.20 at the start of the year. Since then, AMX stock has increased by 24.1% and is now trading at $22.58.
View the best growth stocks for 2023 here.

América Móvil saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 7,710,000 shares, a drop of 21.1% from the April 15th total of 9,770,000 shares. Based on an average daily volume of 1,440,000 shares, the days-to-cover ratio is currently 5.4 days.
View América Móvil's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 11th 2023.
View our AMX earnings forecast.

América Móvil, S.A.B. de C.V. (NYSE:AMX) issued its quarterly earnings data on Monday, July, 12th. The Wireless communications provider reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.36 by $0.28. The Wireless communications provider earned $12.61 billion during the quarter, compared to analysts' expectations of $12.16 billion. América Móvil had a trailing twelve-month return on equity of 19.11% and a net margin of 8.90%.

América Móvil declared a semi-annual dividend on Tuesday, May 16th. Investors of record on Friday, November 10th will be given a dividend of $0.3605 per share on Monday, November 13th. This represents a dividend yield of 1.5%. The ex-dividend date of this dividend is Thursday, November 9th.
Read our dividend analysis for AMX.

ETFs with the largest weight of América Móvil (NYSE:AMX) stock in their portfolio include AdvisorShares Dorsey Wright ADR ETF (AADR), Direxion Work From Home ETF (WFH), Amplify International Enhanced Dividend Income ETF (IDVO), Invesco International Dividend Achievers ETF (PID), Dimensional Emerging Markets High Profitability ETF (DEHP), Hartford Multifactor Emerging Markets ETF (ROAM), Avantis Emerging Markets Value ETF (AVES) and First Trust NASDAQ Technology Dividend Index Fund (TDIV).

América Móvil (NYSE:AMX) pays an annual dividend of $0.57 per share and currently has a dividend yield of 2.49%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 47.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, AMX will have a dividend payout ratio of 35.40% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for AMX.

15 employees have rated América Móvil Chief Executive Officer Daniel Hajj Aboumrad on Glassdoor.com. Daniel Hajj Aboumrad has an approval rating of 93% among the company's employees. This puts Daniel Hajj Aboumrad in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other América Móvil investors own include AT&T (T), Energy Transfer (ET), Intel (INTC), Pfizer (PFE), Alnylam Pharmaceuticals (ALNY), Ford Motor (F), Walt Disney (DIS), NVIDIA (NVDA), Activision Blizzard (ATVI) and Citigroup (C).

América Móvil trades on the New York Stock Exchange (NYSE) under the ticker symbol "AMX."

América Móvil's stock is owned by many different institutional and retail investors. Top institutional investors include Allspring Global Investments Holdings LLC (0.29%), Northcape Capital Pty Ltd (0.29%), Dimensional Fund Advisors LP (0.17%), American Century Companies Inc. (0.09%), Renaissance Technologies LLC (0.08%) and Bank of America Corp DE (0.08%).
View institutional ownership trends.

Shares of AMX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AMX stock can currently be purchased for approximately $22.58.

América Móvil (NYSE:AMX) has a market capitalization of $71.35 billion and generates $42.01 billion in revenue each year. The Wireless communications provider earns $3.92 billion in net income (profit) each year or $1.21 on an earnings per share basis.

The company employs 176,014 workers across the globe.

América Móvil's mailing address is LAGO ZURICH 245 COLONIA GRANADA AMPLIACION, Mexico City O5, 11529. The official website for the company is www.americamovil.com. The Wireless communications provider can be reached via phone at 525525813700, via email at investor.relations@americamovil.com, or via fax at 52-55-2581-4422.