NASDAQ:ALSKAlaska Communications Systems Group Stock Price, Forecast & News

Alaska Communications Systems Group's stock was trading at $1.83 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ALSK shares have increased by 45.9% and is now trading at $2.67. View which stocks have been most impacted by Coronavirus.

Alaska Communications Systems Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Alaska Communications Systems Group.

Alaska Communications Systems Group Inc (NASDAQ:ALSK) released its quarterly earnings results on Wednesday, May, 6th. The utilities provider reported $0.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.02. The utilities provider earned $58.27 million during the quarter. Alaska Communications Systems Group had a return on equity of 4.16% and a net margin of 3.04%. View Alaska Communications Systems Group's earnings history.

Alaska Communications Systems Group declared an annual dividend on Tuesday, March 10th. Shareholders of record on Monday, April 20th will be given a dividend of $0.09 per share on Thursday, June 18th. This represents a dividend yield of 5.06%. The ex-dividend date is Friday, April 17th. View Alaska Communications Systems Group's dividend history.

Alaska Communications Systems Group updated its FY 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $232-237 million.

News articles about ALSK stock have trended very negative recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alaska Communications Systems Group earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutAlaska Communications Systems Group.

Alaska Communications Systems Group saw a increase in short interest in May. As of May 15th, there was short interest totaling 20,900 shares, an increase of 6.1% from the April 30th total of 19,700 shares. Based on an average daily trading volume, of 160,900 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the company's stock are sold short. View Alaska Communications Systems Group's Current Options Chain.

Some companies that are related to Alaska Communications Systems Group include Hong Kong Television Network (HKTVY), Consolidated Communications (CNSL), GTT Communications (GTT), LICT (LICT), IDT (IDT), Crexendo (CXDO), Atento (ATTO), Frontier Communications (FTR), Otelco (OTEL), Oi SA em Recuperacao Judicial (OIBRQ), Liberty Braves Group Series B (BATRB), Windstream (WINMQ), Orbital Tracking (TRKK), Maxcom Telecomunic (MXMTY) and Inventergy Global (INVT). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Alaska Communications Systems Group investors own include Parker-Hannifin (PH), Gold Standard Ventures (GSV), Gold Standard Ventures (GSV), NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY), Pareteum (TEUM), AbbVie (ABBV), Advanced Micro Devices (AMD), Polymet Mining (PLM) and Ring Energy (REI).

Alaska Communications Systems Group trades on the NASDAQ under the ticker symbol "ALSK."

Alaska Communications Systems Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.32%), North Star Investment Management Corp. (1.07%), Pinnacle Holdings LLC (1.05%), Acadian Asset Management LLC (0.83%), Eidelman Virant Capital (0.49%) and Connor Clark & Lunn Investment Management Ltd. (0.14%). Company insiders that own Alaska Communications Systems Group stock include Peter D Aquino and William H Bishop. View institutional ownership trends for Alaska Communications Systems Group.

ALSK stock was sold by a variety of institutional investors in the last quarter, including Eidelman Virant Capital, North Star Investment Management Corp., Acadian Asset Management LLC, Alambic Investment Management L.P., BlackRock Inc., and Pinnacle Holdings LLC. View insider buying and selling activity for Alaska Communications Systems Group.

ALSK stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Ritholtz Wealth Management, and Connor Clark & Lunn Investment Management Ltd.. View insider buying and selling activity for Alaska Communications Systems Group.

Shares of ALSK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ALSK stock can currently be purchased for approximately $2.67.

Alaska Communications Systems Group has a market capitalization of $143.01 million and generates $231.69 million in revenue each year. Alaska Communications Systems Group employs 584 workers across the globe.

The official website for Alaska Communications Systems Group is www.alaskacommunications.com.

Alaska Communications Systems Group's mailing address is 600 TELEPHONE AVENUE, ANCHORAGE AK, 99503. The utilities provider can be reached via phone at 907-297-3000 or via email at [email protected]