Shenandoah Telecommunications - SHEN Stock Forecast, Price & News

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Shenandoah Telecommunications stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHEN, but not buy additional shares or sell existing shares.
View analyst ratings for Shenandoah Telecommunications or view top-rated stocks.

3 brokerages have issued 12 month target prices for Shenandoah Telecommunications' shares. Their SHEN stock forecasts range from $16.00 to $25.00. On average, they predict Shenandoah Telecommunications' share price to reach $20.67 in the next year. This suggests that the stock has a possible downside of 9.9%.
View analysts' price targets for Shenandoah Telecommunications or view top-rated stocks among Wall Street analysts.

Shenandoah Telecommunications' stock was trading at $25.50 on January 1st, 2022. Since then, SHEN stock has decreased by 10.0% and is now trading at $22.95.
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Shenandoah Telecommunications is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our earnings forecast for Shenandoah Telecommunications.

Shenandoah Telecommunications (NASDAQ:SHEN) announced its earnings results on Thursday, October, 28th. The utilities provider reported $0.13 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.24. The utilities provider had revenue of $62.24 million for the quarter, compared to analyst estimates of $61.91 million. Shenandoah Telecommunications had a net margin of 348.88% and a trailing twelve-month return on equity of 1.38%. During the same period in the previous year, the business earned $0.03 earnings per share.

Shenandoah Telecommunications declared an annual dividend on Wednesday, October 27th. Stockholders of record on Monday, November 8th will be given a dividend of $0.07 per share on Wednesday, December 1st. This represents a yield of 0.26%. The ex-dividend date of this dividend is Friday, November 5th.
View Shenandoah Telecommunications' dividend history.

Shenandoah Telecommunications(NASDAQ:SHEN) pays an annual dividend of $0.07 per share and currently has a dividend yield of 0.31%. The dividend payout ratio of Shenandoah Telecommunications is 0.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Shenandoah Telecommunications will have a dividend payout ratio of 70.00% next year. This indicates that Shenandoah Telecommunications will be able to sustain or increase its dividend.
View Shenandoah Telecommunications' dividend history.

58 employees have rated Shenandoah Telecommunications CEO Chris French on Glassdoor.com. Chris French has an approval rating of 82% among Shenandoah Telecommunications' employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Shenandoah Telecommunications investors own include Verizon Communications (VZ), AbbVie (ABBV), American International Group (AIG), Cisco Systems (CSCO), AT&T (T), Bristol-Myers Squibb (BMY), Dollar General (DG), Merck & Co., Inc. (MRK), Pfizer (PFE) and Target (TGT).

Shenandoah Telecommunications trades on the NASDAQ under the ticker symbol "SHEN."

Shenandoah Telecommunications' stock is owned by a number of retail and institutional investors. Top institutional investors include State of New Jersey Common Pension Fund D (0.21%), Assenagon Asset Management S.A. (0.20%), CWM LLC (0.18%), Exchange Traded Concepts LLC (0.13%), Acorn Financial Advisory Services Inc. ADV (0.08%) and Yousif Capital Management LLC (0.08%). Company insiders that own Shenandoah Telecommunications stock include Christopher E French, David L Heimbach, Derek Rieger, Thomas A Whitaker and William L Pirtle.
View institutional ownership trends for Shenandoah Telecommunications.

Shares of SHEN 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 SHEN stock can currently be purchased for approximately $22.95.

Shenandoah Telecommunications (NASDAQ:SHEN) has a market capitalization of $1.15 billion and generates $245.24 million in revenue each year. The utilities provider earns $998.83 million in net income (profit) each year or $17.77 on an earnings per share basis.

Shenandoah Telecommunications employs 860 workers across the globe.

Shenandoah Telecommunications was founded in 1902.

Shenandoah Telecommunications' mailing address is 500 SHENTEL WAY, EDINBURG VA, 22824. The official website for Shenandoah Telecommunications is www.shentel.com. The utilities provider can be reached via phone at (540) 984-4141, via email at jnesbett@institutionalms.com, or via fax at 540-984-8192.