Shenandoah Telecommunications (SHEN) Stock Price, News & Analysis $20.82 -0.53 (-2.48%) (As of 12/8/2023 08:57 PM ET) Add Compare Share Share Today's Range$20.46▼$21.4650-Day Range$20.81▼$24.7452-Week Range$15.62▼$25.51Volume139,700 shsAverage Volume118,266 shsMarket Capitalization$1.05 billionP/E Ratio297.43Dividend Yield0.43%Price Target$22.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Shenandoah Telecommunications MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside5.7% Upside$22.00 Price TargetShort InterestBearish1.64% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.0.80 out of 5 starsUtilities Sector85th out of 85 stocksTelephone Communication, Except Radio Industry18th out of 18 stocks 1.0 Analyst's Opinion Consensus RatingShenandoah Telecommunications has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.00, Shenandoah Telecommunications has a forecasted upside of 5.7% from its current price of $20.82.Amount of Analyst CoverageShenandoah Telecommunications has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.64% of the float of Shenandoah Telecommunications has been sold short.Short Interest Ratio / Days to CoverShenandoah Telecommunications has a short interest ratio ("days to cover") of 6.4.Change versus previous monthShort interest in Shenandoah Telecommunications has recently increased by 8.45%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldShenandoah Telecommunications has a dividend yield of 0.42%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthShenandoah Telecommunications has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Shenandoah Telecommunications is 128.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SHEN. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Shenandoah Telecommunications this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for SHEN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added Shenandoah Telecommunications to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shenandoah Telecommunications insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.34% of the stock of Shenandoah Telecommunications is held by insiders.Percentage Held by Institutions62.61% of the stock of Shenandoah Telecommunications is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Shenandoah Telecommunications is 297.43, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 114.73.Price to Earnings Ratio vs. SectorThe P/E ratio of Shenandoah Telecommunications is 297.43, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 101.60.Price to Book Value per Share RatioShenandoah Telecommunications has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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. Its 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. This segment 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. In addition, the company offers voice data, and DSL telephone services. The company's Tower segment operates in cell towers and leases colocation space to the wireless communications providers. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.Read More SHEN Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SHEN Stock News HeadlinesDecember 5, 2023 | americanbankingnews.comShenandoah Telecommunications (NASDAQ:SHEN) Downgraded to Sell at StockNews.comNovember 25, 2023 | finance.yahoo.comShenandoah Telecommunications Company (NASDAQ:SHEN) is favoured by institutional owners who hold 62% of the companyDecember 11, 2023 | DTI Trader (Ad)New CBOE “special perk” helps traders target income every weekendYou might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange. November 5, 2023 | finance.yahoo.comShenandoah Telecommunications Company (NASDAQ:SHEN) Q3 2023 Earnings Call TranscriptNovember 4, 2023 | finance.yahoo.comCan Shenandoah Telecommunications Company's (NASDAQ:SHEN) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?November 3, 2023 | seekingalpha.comShenandoah Telecommunications Company 2023 Q3 - Results - Earnings Call PresentationNovember 3, 2023 | finance.yahoo.comShenandoah Telecommunications Company Reports Third Quarter 2023 ResultsNovember 3, 2023 | finance.yahoo.comShenandoah Telecommunications Co (SHEN) Reports Q3 2023 Earnings: Revenue Grows by 7. ...December 11, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 2, 2023 | markets.businessinsider.comHere's what to expect from Shenandoah Telecommunications's earnings reportNovember 2, 2023 | finance.yahoo.comBCE (BCE) Matches Q3 Earnings EstimatesNovember 1, 2023 | finance.yahoo.comGlo Fiber Announces Expansion of its Fiber Network to City of Lancaster, PAOctober 27, 2023 | markets.businessinsider.comHold Rating for Shenandoah Telecommunications Co. Amid Network Expansion and Horizon Telecom AcquisitionOctober 27, 2023 | msn.comB. Riley Securities Maintains Shenandoah Telecommunications (SHEN) Neutral RecommendationOctober 26, 2023 | finance.yahoo.comShenandoah Telecom (SHEN) Surges 10.5%: Is This an Indication of Further Gains?October 25, 2023 | finance.yahoo.comWhat's Driving Shenandoah Telecommunications Co's Surprising 24% Stock Rally?October 25, 2023 | finance.yahoo.comWhat's Driving Shenandoah Telecommunications Co's Surprising 18% Stock Rally?October 25, 2023 | msn.comShenandoah Telecommunications to acquire Horizon TelcomOctober 24, 2023 | finance.yahoo.comShenandoah Telecommunications Company Announces 2023 Annual DividendOctober 19, 2023 | finance.yahoo.comShenandoah Telecommunications Company to Hold its Third Quarter 2023 Earnings Call at 8:30 a.m. on Friday, November 3, 2023October 3, 2023 | tmcnet.comShentel selects Render's construction technology to more efficiently manage Glo Fiber's expansionOctober 3, 2023 | finance.yahoo.comShentel selects Render’s construction technology to more efficiently manage Glo Fiber’s expansionSeptember 29, 2023 | news.yahoo.comThurmont approves cable franchise agreement for new fiber optic internet networkSeptember 12, 2023 | markets.businessinsider.comGlo Fiber Launches Fast Fiber Optic Internet In PennsylvaniaSeptember 12, 2023 | finance.yahoo.comGlo Fiber Launches Lightning Fast Fiber Optic Internet in Waynesboro and Greencastle, PennsylvaniaAugust 24, 2023 | finance.yahoo.comShenandoah Telecommunications (NASDAQ:SHEN) shareholders have endured a 32% loss from investing in the stock three years agoAugust 23, 2023 | finance.yahoo.comGlo Fiber Brings Lightning Fast Fiber Optic Internet to Shippensburg, PennsylvaniaSee More Headlines Receive SHEN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Shenandoah Telecommunications and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/03/2023Ex-Dividend for 12/1 Dividend11/06/2023Dividend Payable12/01/2023Today12/10/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/28/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Telephone communication, except radio Sub-IndustryWireless Telecommunication Services SectorUtilities Current SymbolNASDAQ:SHEN CUSIP82312B10 CIK354963 Webwww.shentel.com Phone(540) 984-4141Fax540-984-8192Employees842Year Founded1902Price Target and Rating Average Stock Price Target$22.00 High Stock Price Target$24.00 Low Stock Price Target$20.00 Potential Upside/Downside+5.7%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.07 Trailing P/E Ratio297.43 Forward P/E Ratio231.33 P/E GrowthN/ANet Income$-8,380,000.00 Net Margins1.27% Pretax Margin2.34% Return on Equity0.56% Return on Assets0.36% Debt Debt-to-Equity Ratio0.23 Current Ratio0.88 Quick Ratio0.88 Sales & Book Value Annual Sales$267.37 million Price / Sales3.91 Cash Flow$1.27 per share Price / Cash Flow16.42 Book Value$12.73 per share Price / Book1.64Miscellaneous Outstanding Shares50,260,000Free Float48,083,000Market Cap$1.05 billion OptionableOptionable Beta0.61 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for December 2023. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Christopher E. French (Age 65)Chairman, President & CEO Comp: $1.4MMr. James J. Volk CPA (Age 59)Senior VP of Finance & CFO Comp: $683.81kMr. Edward H. McKay (Age 50)Executive VP & COO Comp: $726.44kMs. Elaine M. Cheng (Age 50)Senior VP & Chief Information Officer Comp: $490.89kMr. Richard W. Mason Jr. (Age 49)Senior Vice President of Engineering & Operations Comp: $502.5kMr. Dennis A. Romps (Age 55)VP & Chief Accounting Officer Mr. Derek C. Rieger (Age 42)General Counsel, VP of Legal & Corporate Secretary Ms. Dara Leslie (Age 55)Senior Vice President of Sales & Marketing Ms. Heather K. Tormey (Age 49)VP & Chief Human Resources Officer Comp: $487.65kMs. Ann E. Flowers (Age 66)Associate General Counsel Comp: $254.98kMore ExecutivesKey CompetitorsCincinnati BellNYSE:CBBAnterixNASDAQ:ATEXLumen TechnologiesNYSE:LUMNConsolidated CommunicationsNASDAQ:CNSLATN InternationalNASDAQ:ATNIView All CompetitorsInstitutional OwnershipCitigroup Inc.Sold 16,082 shares on 12/6/2023Ownership: 0.039%American Century Companies Inc.Bought 90,695 shares on 11/30/2023Ownership: 0.885%Deutsche Bank AGBought 3,324 shares on 11/24/2023Ownership: 0.052%Public Sector Pension Investment BoardSold 27,064 shares on 11/22/2023Ownership: 0.124%Comerica BankBought 23,020 shares on 11/21/2023Ownership: 0.046%View All Institutional Transactions 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 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SHEN shares. 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 SHEN analyst ratings or view top-rated stocks. What is Shenandoah Telecommunications' stock price target for 2024? 2 Wall Street research analysts have issued 1-year target prices for Shenandoah Telecommunications' stock. Their SHEN share price targets range from $20.00 to $24.00. On average, they expect the company's stock price to reach $22.00 in the next year. This suggests a possible upside of 5.7% 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 2023? Shenandoah Telecommunications' stock was trading at $15.88 on January 1st, 2023. Since then, SHEN stock has increased by 31.1% and is now trading at $20.82. View the best growth stocks for 2023 here. When is Shenandoah Telecommunications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024. View our SHEN earnings forecast. How were Shenandoah Telecommunications' earnings last quarter? Shenandoah Telecommunications (NASDAQ:SHEN) posted its quarterly earnings data on Friday, November, 3rd. The utilities provider reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of ($0.01) by $0.04. The utilities provider had revenue of $71.84 million for the quarter, compared to analyst estimates of $71.18 million. Shenandoah Telecommunications had a net margin of 1.27% and a trailing twelve-month return on equity of 0.56%. 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. Stockholders of record on Tuesday, November 7th will be given a dividend of $0.09 per share on Friday, December 1st. This represents a yield of 0.36%. The ex-dividend date 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 0.42%. 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 128.57%. Payout ratios above 75% are not desirable because they may not be sustainable. 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 a variety of institutional and retail investors. Top institutional investors include DAVENPORT & Co LLC (1.74%), Charles Schwab Investment Management Inc. (1.41%), Bank of New York Mellon Corp (1.04%), Northern Trust Corp (1.03%), American Century Companies Inc. (0.89%) and Principal Financial Group Inc. (0.54%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:SHEN) was last updated on 12/11/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Shenandoah Telecommunications Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.