NASDAQ:SHEN - Shenandoah Telecommunications Stock Price, Forecast & News

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

Shenandoah Telecommunications declared an annual dividend on Wednesday, October 30th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.29 per share on Monday, December 2nd. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 13th. This is an increase from Shenandoah Telecommunications's previous annual dividend of $0.27. View Shenandoah Telecommunications' Dividend History.

Shenandoah Telecommunications (NASDAQ:SHEN) posted its earnings results on Thursday, October, 31st. The utilities provider reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.32 by $0.03. The utilities provider earned $155.15 million during the quarter, compared to the consensus estimate of $163.96 million. Shenandoah Telecommunications had a return on equity of 12.28% and a net margin of 8.87%. View Shenandoah Telecommunications' Earnings History.

Shenandoah Telecommunications is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Shenandoah Telecommunications.

4 analysts have issued twelve-month price targets for Shenandoah Telecommunications' stock. Their forecasts range from $44.00 to $52.00. On average, they expect Shenandoah Telecommunications' share price to reach $47.67 in the next year. This suggests a possible upside of 8.2% from the stock's current price. View Analyst Price Targets for Shenandoah Telecommunications.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Shenandoah Telecommunications.

Headlines about SHEN stock have been trending positive recently, InfoTrie reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Shenandoah Telecommunications earned a coverage optimism score of 3.0 on InfoTrie's scale. They also assigned news 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 effect on the stock's share price in the near term. View News Stories for Shenandoah Telecommunications.

Some companies that are related to Shenandoah Telecommunications include CROWN CASTLE IN/SH SH (CCI), SBA Communications (SBAC), Sprint (S), BlackBerry (BB), United States Cellular (USM), Telephone & Data Systems (TDS), Boingo Wireless (WIFI) and Spok (SPOK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Shenandoah Telecommunications investors own include American International Group (AIG), Tesla (TSLA), Bausch Health Companies (BHC), Walt Disney (DIS), Transocean (RIG), Silvercorp Metals (SVM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Starbucks (SBUX) and Shoe Carnival (SCVL).

Shenandoah Telecommunications' stock is owned by a variety of of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.07%), Nisa Investment Advisors LLC (0.05%), Louisiana State Employees Retirement System (0.03%) and Ingalls & Snyder LLC (0.01%). Company insiders that own Shenandoah Telecommunications stock include Edward H Mckay, James E Zerkel II, Ken L Burch, Leigh Ann Schultz, Raymond B Ostroski, Richard A Baughman, Richard L Koontz Jr, Thomas A Whitaker and William L Pirtle. View Institutional Ownership Trends for Shenandoah Telecommunications.

SHEN stock was sold by a variety of institutional investors in the last quarter, including Ingalls & Snyder LLC. View Insider Buying and Selling for Shenandoah Telecommunications.

SHEN stock was acquired by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Louisiana State Employees Retirement System and Nisa Investment Advisors LLC. View Insider Buying and Selling for Shenandoah Telecommunications.

Shares of SHEN 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 SHEN stock can currently be purchased for approximately $44.06.

Shenandoah Telecommunications has a market capitalization of $2.20 billion and generates $630.85 million in revenue each year. The utilities provider earns $46.60 million in net income (profit) each year or $0.93 on an earnings per share basis. Shenandoah Telecommunications employs 1,029 workers across the globe.View Additional Information About Shenandoah Telecommunications.

The official website for Shenandoah Telecommunications is http://www.shentel.com/.

Shenandoah Telecommunications' mailing address is 500 SHENTEL WAY, EDINBURG VA, 22824. The utilities provider can be reached via phone at 540-984-4141 or via email at [email protected]