NASDAQ:ALSKAlaska Communications Systems Group Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Alaska Communications Systems Group Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $2.61 +0.03 (+1.16 %) (As of 05/29/2020 04:00 PM ET) Add Compare Share Today's Range$2.58Now: $2.61▼$2.6650-Day Range$1.78MA: $2.11▼$2.5852-Week Range$1.44Now: $2.61▼$2.75Volume170,756 shsAverage Volume192,005 shsMarket Capitalization$139.79 millionP/E Ratio20.08Dividend Yield3.49%Beta0.99 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Alaska Communications Systems Group, Inc., through its subsidiaries, provides broadband telecommunication and managed information technology services to business, wholesale, and consumer customers in the United States. Its services include voice and broadband services; and managed IT services comprising remote network monitoring and support service, managed IT security and IT professional services, and long distance services primarily over its own terrestrial network to business and wholesale customers. The company's business customers comprise enterprises; federal, state, and local governments; and small and medium business. It also provides voice and broadband services to residential customers in residential homes and multi-dwelling units; voice and broadband origination and termination services to inter and intrastate carriers; and access and support services. The company markets and sells its products through direct sales channels. Alaska Communications Systems Group, Inc. was incorporated in 1998 and is based in Anchorage, Alaska.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Alaska Communications Systems Group. Previous Next 2.5 Community Rank Outperform VotesAlaska Communications Systems Group has received 202 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAlaska Communications Systems Group has received 208 “underperform” votes. (Add your “underperform” vote.)Community SentimentAlaska Communications Systems Group has received 50.73% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Alaska Communications Systems Group and other stocks. Vote “Outperform” if you believe ALSK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ALSK will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 1.7 Dividend Strength Dividend LeadershipAlaska Communications Systems Group is a leading dividend payer. It pays a dividend yield of 3.49%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthAlaska Communications Systems Group does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alaska Communications Systems Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.86% of the stock of Alaska Communications Systems Group is held by insiders.Percentage Held by Institutions37.45% of the stock of Alaska Communications Systems Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Alaska Communications Systems Group is 20.08, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 15.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Alaska Communications Systems Group is 20.08, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 28.38.Price to Book Value per Share RatioAlaska Communications Systems Group has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.28 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Telephone communication, except radio Sub-IndustryN/A SectorUtilities Current SymbolNASDAQ:ALSK Previous Symbol CUSIPN/A CIK1089511 Webwww.alaskacommunications.com Phone907-297-3000Debt Debt-to-Equity Ratio1.44 Current Ratio1.47 Quick Ratio1.33Price-To-Earnings Trailing P/E Ratio20.08 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$231.69 million Price / Sales0.60 Cash Flow$0.78 per share Price / Cash Flow3.34 Book Value$3.15 per share Price / Book0.83Profitability EPS (Most Recent Fiscal Year)N/A Net Income$4.93 million Net Margins3.04% Return on Equity4.16% Return on Assets1.29%Miscellaneous Employees584 Outstanding Shares53,561,000Market Cap$139.79 million Next Earnings Date8/5/2020 (Estimated) OptionableOptionable NASDAQ:ALSK Rates by TradingView Receive ALSK News and Ratings via Email Sign-up to receive the latest news and ratings for ALSK and its competitors with MarketBeat's FREE daily newsletter. Alaska Communications Systems Group (NASDAQ:ALSK) Frequently Asked Questions How has Alaska Communications Systems Group's stock been impacted by COVID-19 (Coronavirus)? Alaska Communications Systems Group's stock was trading at $1.83 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ALSK shares have increased by 42.6% and is now trading at $2.61. View which stocks have been most impacted by Coronavirus. When is Alaska Communications Systems Group's next earnings date? 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. How were Alaska Communications Systems Group's earnings last quarter? Alaska Communications Systems Group Inc (NASDAQ:ALSK) posted its quarterly earnings data on Wednesday, May, 6th. The utilities provider reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.02. The utilities provider had revenue of $58.27 million for the quarter. Alaska Communications Systems Group had a net margin of 3.04% and a return on equity of 4.16%. View Alaska Communications Systems Group's earnings history. How often does Alaska Communications Systems Group pay dividends? What is the dividend yield for Alaska Communications Systems Group? Alaska Communications Systems Group announced an annual dividend on Tuesday, March 10th. Stockholders of record on Monday, April 20th will be given a dividend of $0.09 per share on Thursday, June 18th. This represents a yield of 5.06%. The ex-dividend date of this dividend is Friday, April 17th. View Alaska Communications Systems Group's dividend history. What guidance has Alaska Communications Systems Group issued on next quarter's earnings? Alaska Communications Systems Group issued an update on its FY 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $232-237 million. Has Alaska Communications Systems Group been receiving favorable news coverage? Press coverage about ALSK stock has been trending very negative on Friday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Alaska Communications Systems Group earned a news impact score of -3.0 on InfoTrie's scale. They also gave media coverage about the utilities provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutAlaska Communications Systems Group. Are investors shorting Alaska Communications Systems Group? Alaska Communications Systems Group saw a increase in short interest during the month of 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 volume of 160,900 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short. View Alaska Communications Systems Group's Current Options Chain. Who are some of Alaska Communications Systems Group's key competitors? Some companies that are related to Alaska Communications Systems Group include GTT Communications (GTT), Consolidated Communications (CNSL), Hong Kong Television Network (HKTVY), 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. What other stocks do shareholders of Alaska Communications Systems Group own? 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). Who are Alaska Communications Systems Group's key executives? Alaska Communications Systems Group's management team includes the following people: Mr. Anand Vadapalli, Pres, CEO & Director (Age 54)Ms. Laurie M. Butcher, Sr. VP of Fin. (Age 56)Mr. William H. Bishop, Sr. VP & COO (Age 53)Mr. Leonard A. Steinberg, Chief Ethics Officer, Sr. VP of Legal, Regulatory & Gov. Affairs and Corp. Sec. (Age 65)Mr. Randy M. Ritter, Sr. VP of Shared Services (Age 59) What is Alaska Communications Systems Group's stock symbol? Alaska Communications Systems Group trades on the NASDAQ under the ticker symbol "ALSK." Who are Alaska Communications Systems Group's major shareholders? Alaska Communications Systems Group's stock is owned by a number of institutional and retail 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, Wayne Barr Jr and William H Bishop. View institutional ownership trends for Alaska Communications Systems Group. Which institutional investors are selling Alaska Communications Systems Group stock? 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. Which institutional investors are buying Alaska Communications Systems Group stock? ALSK stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Ritholtz Wealth Management, and Connor Clark & Lunn Investment Management Ltd.. Company insiders that have bought Alaska Communications Systems Group stock in the last two years include Peter D Aquino, and Wayne Barr Jr. View insider buying and selling activity for Alaska Communications Systems Group. How do I buy shares of 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. What is Alaska Communications Systems Group's stock price today? One share of ALSK stock can currently be purchased for approximately $2.61. How big of a company is Alaska Communications Systems Group? Alaska Communications Systems Group has a market capitalization of $139.79 million and generates $231.69 million in revenue each year. Alaska Communications Systems Group employs 584 workers across the globe. What is Alaska Communications Systems Group's official website? The official website for Alaska Communications Systems Group is www.alaskacommunications.com. How can I contact Alaska Communications Systems Group? 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] This page was last updated on 5/29/2020 by MarketBeat.com Staff
