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

$2.61
-0.02 (-0.76 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$2.56
Now: $2.61
$2.65
50-Day Range
$2.25
MA: $2.61
$2.79
52-Week Range
$1.44
Now: $2.61
$2.86
Volume165,300 shs
Average Volume674,983 shs
Market Capitalization$139.79 million
P/E Ratio20.08
Dividend Yield3.45%
Beta1.09
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.5Dividend Strength: 0.8Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.12 out of 5 stars


Industry, Sector and Symbol

Industry Telephone communication, except radio
Sub-IndustryN/A
SectorUtilities
Current SymbolNASDAQ:ALSK
CUSIPN/A
Phone907-297-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$231.69 million
Cash Flow$0.77 per share
Book Value$3.27 per share

Profitability

Net Income$4.93 million

Miscellaneous

Employees584
Market Cap$139.79 million
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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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 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, ALSK stock has 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) announced its quarterly earnings results on Wednesday, May, 6th. The utilities provider reported $0.04 EPS for the quarter, topping the Zacks' consensus estimate of $0.02 by $0.02. The utilities provider earned $58.27 million during 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 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 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 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.

Has Alaska Communications Systems Group been receiving favorable news coverage?

Media coverage about ALSK stock has trended very negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Alaska Communications Systems Group earned a daily sentiment score of -3.8 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about Alaska Communications Systems Group.

Are investors shorting Alaska Communications Systems Group?

Alaska Communications Systems Group saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 601,600 shares, an increase of 2,003.5% from the June 15th total of 28,600 shares. Based on an average daily trading volume, of 249,300 shares, the days-to-cover ratio is presently 2.4 days. Approximately 1.3% of the company's stock are short sold. View Alaska Communications Systems Group's Current Options Chain.

Who are some of Alaska Communications Systems Group's key 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), Pareteum (TEUM), AbbVie (ABBV), Advanced Micro Devices (AMD), Polymet Mining (PLM), Ring Energy (REI) 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 many different institutional and retail investors. Top institutional investors include Eidelman Virant Capital (0.43%). View institutional ownership trends for Alaska Communications Systems Group.

Which major 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. 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 7/12/2020 by MarketBeat.com Staff

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