Shenandoah Telecommunications (SHEN) Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last twelve months. There are currently 1 hold rating 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.

1 brokers have issued 12-month price targets for Shenandoah Telecommunications' shares. Their SHEN share price forecasts range from $20.00 to $20.00. On average, they expect the company's stock price to reach $20.00 in the next year. This suggests that the stock has a possible downside of 3.2%.
View analysts price targets for SHEN or view top-rated stocks among Wall Street analysts.

Shenandoah Telecommunications' stock was trading at $15.88 at the start of the year. Since then, SHEN shares have increased by 30.1% and is now trading at $20.66.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 1st 2023.
View our SHEN earnings forecast.

Shenandoah Telecommunications (NASDAQ:SHEN) posted its quarterly earnings data on Wednesday, August, 2nd. The utilities provider reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.08. The utilities provider earned $71.34 million during the quarter, compared to analyst estimates 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%.

Shenandoah Telecommunications announced an annual dividend on Tuesday, October 25th. Investors of record on Monday, November 7th will be given a dividend of $0.08 per share on Thursday, December 1st. This represents a yield of 0.39%. The ex-dividend date is Friday, November 4th. This is a boost from the stock's previous annual dividend of $0.07.
Read our dividend analysis for SHEN.

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).

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.

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.

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).

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

Shenandoah Telecommunications' stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.75%), Dimensional Fund Advisors LP (4.48%), State Street Corp (3.79%), Geode Capital Management LLC (1.97%), DAVENPORT & Co LLC (1.78%) and Charles Schwab Investment Management Inc. (1.31%). Insiders that own company stock include Christopher E French, David L Heimbach, Derek Rieger, Heather K Tormey, Thomas A Whitaker and William L Pirtle.
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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.
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One share of SHEN stock can currently be purchased for approximately $20.66.

Shenandoah Telecommunications (NASDAQ:SHEN) has a market capitalization of $1.04 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.

The company employs 842 workers across the globe.

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.