Shenandoah Telecommunications (SHEN) Expected to Announce Quarterly Earnings on Thursday

Shenandoah Telecommunications (NASDAQ:SHEN - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Thursday, July 31st. Analysts expect Shenandoah Telecommunications to post earnings of ($0.20) per share and revenue of $89.94 million for the quarter.

Shenandoah Telecommunications (NASDAQ:SHEN - Get Free Report) last posted its earnings results on Wednesday, April 30th. The utilities provider reported ($0.19) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.05). Shenandoah Telecommunications had a negative return on equity of 3.18% and a negative net margin of 10.07%. The firm had revenue of $87.90 million during the quarter, compared to analysts' expectations of $89.31 million. During the same quarter in the prior year, the firm posted ($0.07) earnings per share.

Shenandoah Telecommunications Price Performance

NASDAQ:SHEN traded down $0.23 during trading hours on Friday, reaching $15.17. The stock had a trading volume of 209,095 shares, compared to its average volume of 300,974. The stock has a market capitalization of $832.18 million, a PE ratio of -24.87 and a beta of 0.89. Shenandoah Telecommunications has a 52 week low of $9.77 and a 52 week high of $21.89. The company has a 50 day moving average price of $13.72 and a two-hundred day moving average price of $12.57. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.20 and a current ratio of 1.20.

Analysts Set New Price Targets

SHEN has been the topic of a number of recent research reports. BWS Financial reaffirmed a "buy" rating and set a $26.00 price target on shares of Shenandoah Telecommunications in a research note on Thursday, May 1st. Wall Street Zen upgraded Shenandoah Telecommunications to a "sell" rating in a report on Thursday, May 8th.

Insider Buying and Selling at Shenandoah Telecommunications

In other Shenandoah Telecommunications news, major shareholder Ecp Fiber Holdings Gp, Llc purchased 32,000 shares of the stock in a transaction dated Thursday, May 29th. The stock was purchased at an average price of $12.46 per share, with a total value of $398,720.00. Following the transaction, the insider owned 2,532,697 shares of the company's stock, valued at approximately $31,557,404.62. This trade represents a 1.28% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Ecp Controlco, Llc purchased 36,238 shares of Shenandoah Telecommunications stock in a transaction dated Monday, June 2nd. The stock was bought at an average cost of $12.58 per share, with a total value of $455,874.04. Following the completion of the transaction, the insider owned 2,599,274 shares in the company, valued at approximately $32,698,866.92. This represents a 1.41% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 512,107 shares of company stock worth $7,089,032. Insiders own 4.51% of the company's stock.

Institutional Trading of Shenandoah Telecommunications

Several hedge funds and other institutional investors have recently made changes to their positions in SHEN. Acadian Asset Management LLC acquired a new stake in Shenandoah Telecommunications during the 1st quarter worth about $76,000. Baird Financial Group Inc. acquired a new stake in Shenandoah Telecommunications during the first quarter valued at $158,000. Caxton Associates LLP acquired a new stake in shares of Shenandoah Telecommunications during the 1st quarter valued at about $194,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Shenandoah Telecommunications by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,964 shares of the utilities provider's stock worth $364,000 after buying an additional 1,248 shares during the period. Finally, Royal Bank of Canada lifted its stake in Shenandoah Telecommunications by 11.8% in the 1st quarter. Royal Bank of Canada now owns 37,008 shares of the utilities provider's stock valued at $465,000 after buying an additional 3,904 shares in the last quarter. Hedge funds and other institutional investors own 61.96% of the company's stock.

About Shenandoah Telecommunications

Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. It operates in two segments, Broadband and Tower. The company Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky through hybrid fiber coaxial cable under the Shentel brand; and fiber optic services under the Glo Fiber brand name.