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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
All the trading advice you’ve ever received boils down to this (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
All the trading advice you’ve ever received boils down to this (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
The Dodgers gave Shohei Ohtani $700 million to hit and pitch — but also because he can sell
New CBOE “special perk” helps traders target income every weekend (Ad)
Elon Musk restores X account of conspiracy theorist Alex Jones
Freshworks gets juiced on its AI customer engagement platform
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
At UN climate talks, cameras are everywhere. Many belong to Emirati company with a murky history
The EU wants to put a tax on emissions from imports. It's irked some other nations at COP28
All the trading advice you’ve ever received boils down to this (Ad)
Miyazaki's 'The Boy and the Heron' is No. 1 at the box office, a first for the Japanese anime master
Much of Kenya falls into darkness in the third nationwide power blackout in 3 months

Shenandoah Telecommunications (SHEN) Stock Price, News & Analysis

$20.82
-0.53 (-2.48%)
(As of 12/8/2023 08:57 PM ET)
Compare
Today's Range
$20.46
$21.46
50-Day Range
$20.81
$24.74
52-Week Range
$15.62
$25.51
Volume
139,700 shs
Average Volume
118,266 shs
Market Capitalization
$1.05 billion
P/E Ratio
297.43
Dividend Yield
0.43%
Price Target
$22.00

Shenandoah Telecommunications MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
5.7% Upside
$22.00 Price Target
Short Interest
Bearish
1.64% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

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 stars

Utilities Sector

85th out of 85 stocks

Telephone Communication, Except Radio Industry

18th out of 18 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. 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.

SHEN Stock Price History

SHEN Stock News Headlines

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Glo Fiber Launches Fast Fiber Optic Internet In Pennsylvania
See More Headlines
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Company Calendar

Last Earnings
11/03/2023
Ex-Dividend for 12/1 Dividend
11/06/2023
Dividend Payable
12/01/2023
Today
12/10/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/28/2024

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
Wireless Telecommunication Services
Sector
Utilities
Current Symbol
NASDAQ:SHEN
CUSIP
82312B10
Employees
842
Year Founded
1902

Price 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 Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$-8,380,000.00
Pretax Margin
2.34%

Debt

Sales & Book Value

Annual Sales
$267.37 million
Cash Flow
$1.27 per share
Book Value
$12.73 per share

Miscellaneous

Free Float
48,083,000
Market Cap
$1.05 billion
Optionable
Optionable
Beta
0.61

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Key Executives

  • Mr. Christopher E. French (Age 65)
    Chairman, President & CEO
    Comp: $1.4M
  • Mr. James J. Volk CPA (Age 59)
    Senior VP of Finance & CFO
    Comp: $683.81k
  • Mr. Edward H. McKay (Age 50)
    Executive VP & COO
    Comp: $726.44k
  • Ms. Elaine M. Cheng (Age 50)
    Senior VP & Chief Information Officer
    Comp: $490.89k
  • Mr. Richard W. Mason Jr. (Age 49)
    Senior Vice President of Engineering & Operations
    Comp: $502.5k
  • Mr. 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: $487.65k
  • Ms. Ann E. Flowers (Age 66)
    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 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

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