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Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
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Blackstone’s $10 Billion Bet on Property Prices Going Up
Closing prices for crude oil, gold and other commodities
PriceSmart Could Be the Smartest Buy of the Year
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Blackstone’s $10 Billion Bet on Property Prices Going Up
Closing prices for crude oil, gold and other commodities
PriceSmart Could Be the Smartest Buy of the Year
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Blackstone’s $10 Billion Bet on Property Prices Going Up
Closing prices for crude oil, gold and other commodities
PriceSmart Could Be the Smartest Buy of the Year
S&P 500   5,199.06
DOW   38,459.08
QQQ   445.37
Fastenal, CarMax fall; Alpine Immune Sciences, Arvinas rise, Thursday, 4/11/2024
Stock market today: Global markets mixed after Wall St rebound led by Big Tech
Dividend Aristocrat Fastenal Goes on Sale: Buy It While It’s Down
How major US stock indexes fared Thursday, 4/11/2024
Blackstone’s $10 Billion Bet on Property Prices Going Up
Closing prices for crude oil, gold and other commodities
PriceSmart Could Be the Smartest Buy of the Year
NASDAQ:SHEN

Shenandoah Telecommunications (SHEN) Stock Price, News & Analysis

$15.29
+0.31 (+2.07%)
(As of 04/11/2024 ET)
Today's Range
$15.01
$15.34
50-Day Range
$14.98
$21.12
52-Week Range
$14.65
$25.51
Volume
162,880 shs
Average Volume
157,386 shs
Market Capitalization
$771.38 million
P/E Ratio
95.57
Dividend Yield
0.59%
Price Target
$25.00

Shenandoah Telecommunications MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
63.5% Upside
$25.00 Price Target
Short Interest
Healthy
1.62% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.37mentions of Shenandoah Telecommunications in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.05) to ($0.11) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.29 out of 5 stars

Utilities Sector

214th out of 264 stocks

Telephone Communication, Except Radio Industry

34th out of 54 stocks

SHEN stock logo

About Shenandoah Telecommunications Stock (NASDAQ:SHEN)

Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. It operates in two segments, Broadband and Tower. The company Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky through hybrid fiber coaxial cable under the Shentel brand; and fiber optic services under the Glo Fiber brand name. This segment also leases dark fiber and provides Ethernet and wavelength fiber optic services to enterprise and wholesale customers under the Glo Fiber Enterprise and Glo Fiber Wholesale brand names; and provides voice data and DSL telephone services. The Tower segment owns macro cellular towers and leases colocation space to the wireless communications providers. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.

SHEN Stock Price History

SHEN Stock News Headlines

SHEN: Lowering target price to $17.00
Weiss issues 'Buy' on AI sleeper stock
Based on our Weiss Ratings, we’ve issued a “Buy” on an under-the-radar AI stock. And we share the details at our Artificial Intelligence Town Hall ….
Weiss issues 'Buy' on AI sleeper stock
Based on our Weiss Ratings, we’ve issued a “Buy” on an under-the-radar AI stock. And we share the details at our Artificial Intelligence Town Hall ….
Shenandoah To Sell Tower Portfolio For $310 Million Cash
Q4 2023 Shenandoah Telecommunications Co Earnings Call
Shentel Stock Pops 8% on Fiber Growth, Potential Deals
Shenandoah Telecommunications Co (SH9.DU)
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/12/2024
Next Earnings (Estimated)
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Telephone communication, except radio
Sub-Industry
Wireless Telecommunication Services
Current Symbol
NASDAQ:SHEN
CUSIP
82312B10
Employees
845
Year Founded
1902

Price Target and Rating

Average Stock Price Target
$25.00
High Stock Price Target
$26.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+63.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$8.04 million
Pretax Margin
3.83%

Debt

Sales & Book Value

Annual Sales
$287.38 million
Cash Flow
$1.50 per share
Book Value
$12.98 per share

Miscellaneous

Free Float
48,242,000
Market Cap
$771.38 million
Optionable
Optionable
Beta
0.52

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Key Executives

  • Mr. Christopher E. French (Age 66)
    Chairman, President & CEO
    Comp: $1.56M
  • Mr. James J. Volk CPA (Age 60)
    Senior VP of Finance & CFO
    Comp: $762.07k
  • Mr. Edward H. McKay (Age 51)
    Executive VP & COO
    Comp: $825.57k
  • Ms. Elaine M. Cheng (Age 50)
    Senior VP & Chief Information Officer
    Comp: $549.37k
  • Mr. Richard W. Mason Jr. (Age 50)
    Senior Vice President of Engineering & Operations
    Comp: $551k
  • Mr. Dennis A. Romps (Age 56)
    VP & Chief Accounting Officer
  • Mr. Derek C. Rieger (Age 42)
    General Counsel, VP of Legal & Corporate Secretary
  • Ms. Dara Leslie (Age 56)
    Senior Vice President of Sales & Marketing
  • Ms. Heather K. Tormey (Age 49)
    VP & Chief Human Resources Officer
    Comp: $487.65k
  • Ms. Ann E. Flowers (Age 67)
    Associate General Counsel
    Comp: $254.98k

SHEN Stock Analysis - Frequently Asked Questions

Should I buy or sell Shenandoah Telecommunications stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SHEN shares.
View SHEN analyst ratings
or view top-rated stocks.

What is Shenandoah Telecommunications' stock price target for 2024?

2 Wall Street analysts have issued twelve-month price objectives for Shenandoah Telecommunications' stock. Their SHEN share price targets range from $24.00 to $26.00. On average, they predict the company's share price to reach $25.00 in the next twelve months. This suggests a possible upside of 63.5% from the stock's current price.
View analysts price targets for SHEN
or view top-rated stocks among Wall Street analysts.

How have SHEN shares performed in 2024?

Shenandoah Telecommunications' stock was trading at $21.62 on January 1st, 2024. Since then, SHEN stock has decreased by 29.3% and is now trading at $15.29.
View the best growth stocks for 2024 here
.

When is Shenandoah Telecommunications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our SHEN earnings forecast
.

How were Shenandoah Telecommunications' earnings last quarter?

Shenandoah Telecommunications (NASDAQ:SHEN) announced its quarterly earnings data on Wednesday, February, 21st. The utilities provider reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.06. The utilities provider earned $72.51 million during the quarter, compared to the consensus estimate of $71.85 million. Shenandoah Telecommunications had a trailing twelve-month return on equity of 1.24% and a net margin of 2.80%. During the same quarter last year, the business earned ($0.04) EPS.

How often does Shenandoah Telecommunications pay dividends? What is the dividend yield for Shenandoah Telecommunications?

Shenandoah Telecommunications announced an annual dividend on Tuesday, October 24th. Investors of record on Tuesday, November 7th will be paid a dividend of $0.09 per share on Friday, December 1st. This represents a dividend yield of 0.36%. The ex-dividend date of this dividend is Monday, November 6th. This is a positive change from the stock's previous annual dividend of $0.08.
Read our dividend analysis for SHEN
.

Is Shenandoah Telecommunications a good dividend stock?

Shenandoah Telecommunications (NASDAQ:SHEN) pays an annual dividend of $0.09 per share and currently has a dividend yield of 0.58%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 56.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SHEN.

What ETFs hold Shenandoah Telecommunications' stock?

ETFs with the largest weight of Shenandoah Telecommunications (NASDAQ:SHEN) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) and Roundhill IO Digital Infrastructure ETF (BYTE).SPDR S&P Telecom ETF (XTL).

What is Chris French's approval rating as Shenandoah Telecommunications' CEO?

58 employees have rated Shenandoah Telecommunications Chief Executive Officer Chris French on Glassdoor.com. Chris French has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Shenandoah Telecommunications own?

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).

Who are Shenandoah Telecommunications' major shareholders?

Shenandoah Telecommunications' stock is owned by many different retail and institutional investors. Top institutional shareholders include GAMMA Investing LLC (0.00%). Insiders that own company stock include Christopher E French, David L Heimbach, Derek Rieger, Heather K Tormey, Thomas A Whitaker and William L Pirtle.
View institutional ownership trends
.

How do I buy shares of 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SHEN) was last updated on 4/12/2024 by MarketBeat.com Staff

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