NASDAQ:SHEN Shenandoah Telecommunications (SHEN) Stock Forecast, Price & News $20.81 +0.20 (+0.97%) (As of 10/2/2023 ET) Add Compare Share Share Today's Range$20.50▼$20.8550-Day Range$18.43▼$23.0652-Week Range$15.62▼$23.31Volume168,715 shsAverage Volume138,333 shsMarket Capitalization$1.05 billionP/E RatioN/ADividend Yield0.38%Price Target$20.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Shenandoah Telecommunications MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside3.9% Downside$20.00 Price TargetShort InterestHealthy1.85% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.70Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom $0.04 to ($0.04) Per ShareSee 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.1.20 out of 5 starsUtilities Sector84th out of 86 stocksTelephone Communication, Except Radio Industry19th out of 19 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, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $20.00, Shenandoah Telecommunications has a forecasted downside of 3.9% from its current price of $20.81.Amount of Analyst CoverageShenandoah Telecommunications has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.85% 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 7.5.Change versus previous monthShort interest in Shenandoah Telecommunications has recently decreased by 0.26%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldShenandoah Telecommunications has a dividend yield of 0.39%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthShenandoah Telecommunications has only been increasing its dividend for 1 years. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for SHEN. Previous Next 3.2 News and Social Media Coverage News SentimentShenandoah Telecommunications has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Shenandoah Telecommunications this week, compared to 1 article on an average week.Search Interest1 people have searched for SHEN on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Shenandoah Telecommunications to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 Earnings GrowthEarnings for Shenandoah Telecommunications are expected to decrease in the coming year, from $0.04 to ($0.04) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shenandoah Telecommunications is -2,078.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Shenandoah Telecommunications is -2,078.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioShenandoah Telecommunications has a P/B Ratio of 1.63. 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 (NASDAQ:SHEN) StockShenandoah 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart SHEN Stock News HeadlinesSeptember 30, 2023 | americanbankingnews.comShenandoah Telecommunications (NASDAQ:SHEN) Downgraded by StockNews.comSeptember 29, 2023 | news.yahoo.comThurmont approves cable franchise agreement for new fiber optic internet networkOctober 3, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."September 24, 2023 | americanbankingnews.comStockNews.com Upgrades Shenandoah Telecommunications (NASDAQ:SHEN) to HoldSeptember 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, PennsylvaniaOctober 3, 2023 | Wall Street Fundamentals (Ad)The "Plug and Play" Model Putting Online Giants to ShameWhile e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."August 8, 2023 | finance.yahoo.comGlo Fiber Announces Expansion of its Fiber Network to Warrenton, VirginiaAugust 5, 2023 | msn.comBWS Financial Upgrades Shenandoah Telecommunications (SHEN)August 3, 2023 | finance.yahoo.comShenandoah Telecommunications (NASDAQ:SHEN) Is Finding It Tricky To Allocate Its CapitalAugust 2, 2023 | seekingalpha.comShenandoah Telecommunications Company 2023 Q2 - Results - Earnings Call PresentationAugust 2, 2023 | finance.yahoo.comShenandoah Telecommunications Company Reports Second Quarter 2023 ResultsAugust 2, 2023 | finance.yahoo.comShenandoah Telecommunications (SHEN) Surpasses Q2 Earnings and Revenue EstimatesJuly 24, 2023 | finance.yahoo.comShenandoah Telecommunications Company to Hold its Second Quarter 2023 Earnings Call at 8:30 a.m. on Wednesday, August 2, 2023July 18, 2023 | benzinga.comShenandoah Telecommunications Company confirms no lead-covered cables in networkJuly 13, 2023 | finance.yahoo.comGlo Fiber Announces Expansion of its Fiber Network to Mount Joy, PennsylvaniaJune 28, 2023 | seekingalpha.comShenandoah Telecommunications Is Sending Mixed SignalsJune 27, 2023 | finance.yahoo.comSHEN - Shenandoah Telecommunications CompanyJune 12, 2023 | finance.yahoo.comFollowing a 4.4% decline over last year, recent gains may please Shenandoah Telecommunications Company (NASDAQ:SHEN) institutional ownersJune 1, 2023 | fool.comShenandoah Telecommunications (NASDAQ: SHEN)May 24, 2023 | marketwatch.comShares of Fiber Builders Fall After Dycom CommentaryMay 15, 2023 | finance.yahoo.comOne Shenandoah Telecommunications Insider Raised Their Stake In The Previous YearMay 15, 2023 | finance.yahoo.comOne Shenandoah Telecommunications Insider Raised Their Stake In The Previous Year \April 28, 2023 | finance.yahoo.comQ1 2023 Shenandoah Telecommunications Co Earnings CallApril 28, 2023 | finance.yahoo.comShenandoah Telecommunications (SHEN) Q1 Earnings and Revenues Surpass EstimatesSee 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 SHEN Company Calendar Last Earnings8/02/2023Today10/03/2023Next Earnings (Estimated)11/01/2023Fiscal Year End12/31/2023Get 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 Forecast$20.00 High Stock Price Forecast$20.00 Low Stock Price Forecast$20.00 Forecasted Upside/Downside-3.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.01) Trailing P/E RatioN/A Forward P/E Ratio520.25 P/E GrowthN/ANet Income$-8,380,000.00 Net Margins-0.25% Pretax Margin0.49% Return on Equity0.03% Return on Assets0.02% Debt Debt-to-Equity Ratio0.19 Current Ratio0.96 Quick Ratio0.96 Sales & Book Value Annual Sales$267.37 million Price / Sales3.91 Cash Flow$1.31 per share Price / Cash Flow15.85 Book Value$12.73 per share Price / Book1.63Miscellaneous Outstanding Shares50,260,000Free Float48,083,000Market Cap$1.05 billion OptionableOptionable Beta0.69 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Christopher E. French (Age 65)Chairman, Pres & CEO Comp: $1.4MMr. James J. Volk CPA (Age 59)Sr. VP of Fin. & CFO Comp: $683.81kMr. Edward H. McKay (Age 50)Exec. VP & COO Comp: $726.44kMs. Elaine M. Cheng (Age 50)Sr. VP & Chief Information Officer Comp: $490.89kMr. Richard W. Mason Jr. (Age 49)Sr. VP of Engineering & Operations Comp: $502.5kMr. Dennis A. Romps (Age 55)VP & Chief Accounting Officer Mr. Derek C. Rieger (Age 42)Gen. Counsel, VP of Legal & Corp. Sec. Ms. Dara Leslie (Age 55)Sr. VP of Sales & Marketing Ms. Heather K. Tormey (Age 49)VP & Chief HR Officer Ms. Ann E. Flowers (Age 66)Associate Gen. Counsel More ExecutivesKey CompetitorsTelephone and Data SystemsNYSE:TDSIDTNYSE:IDTConsolidated CommunicationsNASDAQ:CNSLMiddlesex WaterNASDAQ:MSEXKenonNYSE:KENView All CompetitorsInstitutional OwnershipVirginia Retirement Systems ET ALBought 11,900 shares on 8/22/2023Ownership: 0.024%California State Teachers Retirement SystemSold 1,653 shares on 8/21/2023Ownership: 0.116%Teachers Retirement System of The State of KentuckyBought 878 shares on 8/21/2023Ownership: 0.032%Nuveen Asset Management LLCBought 2,952 shares on 8/16/2023Ownership: 0.265%Citadel Advisors LLCSold 500 shares on 8/15/2023Ownership: 0.000%View All Institutional Transactions SHEN Stock - Frequently Asked Questions Should I buy or sell Shenandoah Telecommunications stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research 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 forecast for 2023? 1 equities research analysts have issued 12-month target prices for Shenandoah Telecommunications' shares. Their SHEN share price forecasts range from $20.00 to $20.00. On average, they anticipate the company's share price to reach $20.00 in the next twelve months. This suggests that the stock has a possible downside of 3.9%. 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 at the beginning of 2023. Since then, SHEN stock has increased by 31.0% and is now trading at $20.81. 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, November 1st 2023. View our SHEN earnings forecast. How were Shenandoah Telecommunications' earnings last quarter? Shenandoah Telecommunications (NASDAQ:SHEN) issued its quarterly earnings data on Wednesday, August, 2nd. The utilities provider reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.04) by $0.08. The utilities provider had revenue of $71.34 million for the quarter, compared to analysts' expectations of $70.19 million. Shenandoah Telecommunications had a negative net margin of 0.25% and a positive trailing twelve-month return on equity of 0.03%. How often does Shenandoah Telecommunications pay dividends? What is the dividend yield for Shenandoah Telecommunications? Shenandoah Telecommunications announced an annual dividend on Tuesday, October 25th. Shareholders of record on Monday, November 7th will be paid a dividend of $0.08 per share on Thursday, December 1st. This represents a dividend yield of 0.39%. The ex-dividend date of this dividend is Friday, November 4th. This is a positive change from the stock's previous annual dividend of $0.07. 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). Is Shenandoah Telecommunications a good dividend stock? Shenandoah Telecommunications (NASDAQ:SHEN) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.39%. Read our dividend analysis for SHEN. 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). What is Shenandoah Telecommunications' stock symbol? Shenandoah Telecommunications trades on the NASDAQ under the ticker symbol "SHEN." 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. What is Shenandoah Telecommunications' stock price today? One share of SHEN stock can currently be purchased for approximately $20.81. How much money does Shenandoah Telecommunications make? Shenandoah Telecommunications (NASDAQ:SHEN) has a market capitalization of $1.05 billion and generates $267.37 million in revenue each year. The utilities provider earns $-8,380,000.00 in net income (profit) each year or ($0.01) on an earnings per share basis. How many employees does Shenandoah Telecommunications have? The company employs 842 workers across the globe. How can I contact Shenandoah Telecommunications? Shenandoah Telecommunications' mailing address is 500 SHENTEL WAY, EDINBURG VA, 22824. The official website for the company 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. This page (NASDAQ:SHEN) was last updated on 10/3/2023 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. 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