S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
China July exports rise, with trade surplus at record-high
Shift in war's front seen as ships cleared to leave Ukraine
What's in Democrats' big bill? Climate, health care, savings
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Dems push Biden climate, health priorities toward Senate OK
Shift in war's front seen as grain leaves Ukraine; plant hit
NASDAQ:SHEN

Shenandoah Telecommunications - SHEN Stock Forecast, Price & News

$22.95
+0.74 (+3.33%)
(As of 08/5/2022 08:49 PM ET)
Add
Compare
Today's Range
$22.02
$22.96
50-Day Range
$20.28
$25.76
52-Week Range
$17.06
$32.71
Volume
108,800 shs
Average Volume
230,473 shs
Market Capitalization
$1.15 billion
P/E Ratio
1.29
Dividend Yield
0.31%
Price Target
$20.67

Shenandoah Telecommunications MarketRank™ Forecast

Analyst Rating
Hold
1.67 Rating Score
Upside/​Downside
9.9% Downside
$20.67 Price Target
Short Interest
Bearish
2.44% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.88mentions of Shenandoah Telecommunications in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$250,088 Bought Last Quarter
Proj. Earnings Growth
233.33%
From $0.03 to $0.10 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Utilities Sector

70th out of 107 stocks

Telephone Communication, Except Radio Industry

20th out of 38 stocks

SHEN stock logo

About Shenandoah Telecommunications (NASDAQ:SHEN) Stock

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, via hybrid fiber coaxial cable under the Shentel brand, fiber optic services under the Glo Fiber brand, and fixed wireless network services under the Beam brand name. This segment leases fiber and provides Ethernet and wavelength fiber optic services. In addition, the company offers voice and digital subscriber line telephone services. The company's Tower segment owns 220 cell towers and leases colocation space on the towers. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.

Analyst Ratings Changes

A number of brokerages have weighed in on SHEN. B. Riley lowered shares of Shenandoah Telecommunications from a "buy" rating to a "neutral" rating and decreased their target price for the company from $29.00 to $21.00 in a research note on Monday, May 2nd. They noted that the move was a valuation call. Raymond James lowered shares of Shenandoah Telecommunications from a "strong-buy" rating to a "market perform" rating in a research note on Tuesday, June 28th. Two investment analysts have rated the stock with a sell rating and two have given a hold rating to the stock. Based on data from MarketBeat.com, Shenandoah Telecommunications presently has an average rating of "Hold" and an average target price of $20.67.

Shenandoah Telecommunications Price Performance

NASDAQ:SHEN opened at $22.95 on Friday. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of 1.29 and a beta of 0.37. Shenandoah Telecommunications has a one year low of $17.06 and a one year high of $32.71. The business has a fifty day moving average price of $22.36 and a 200-day moving average price of $22.22.

Insider Transactions at Shenandoah Telecommunications

In related news, President Christopher E. French acquired 11,670 shares of Shenandoah Telecommunications stock in a transaction dated Monday, June 13th. The stock was purchased at an average cost of $21.43 per share, for a total transaction of $250,088.10. Following the purchase, the president now directly owns 212,096 shares of the company's stock, valued at approximately $4,545,217.28. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 4.04% of the stock is currently owned by company insiders.

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.

SHEN Stock News Headlines

What 4 Analyst Ratings Have To Say About Shenandoah
See 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.

SHEN Company Calendar

Last Earnings
10/28/2021
Today
8/07/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Telephone communication, except radio
Sub-Industry
Wireless Telecommunication Services
Sector
Utilities
Current Symbol
NASDAQ:SHEN
CUSIP
82312B10
Employees
860
Year Founded
1902

Price Target and Rating

Average Stock Price Forecast
$20.67
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$16.00
Forecasted Upside/Downside
-9.9%
Consensus Rating
Hold
Rating Score (0-4)
1.67
Research Coverage
3 Analysts

Profitability

Net Income
$998.83 million
Pretax Margin
-2.19%

Debt

Sales & Book Value

Annual Sales
$245.24 million
Cash Flow
$1.39 per share
Book Value
$12.85 per share

Miscellaneous

Free Float
48,054,000
Market Cap
$1.15 billion
Optionable
Optionable
Beta
0.37

Social Links


Key Executives

  • Mr. Christopher E. French (Age 64)
    Chairman, Pres & CEO
    Comp: $1.03M
  • Mr. James J. Volk CPA (Age 58)
    Sr. VP of Fin. & CFO
    Comp: $670.15k
  • Mr. Edward H. McKay (Age 49)
    Exec. VP & COO
    Comp: $640.46k
  • Ms. Elaine M. Cheng (Age 49)
    Sr. VP & Chief Information Officer
    Comp: $449.42k
  • Ms. Heather K. Banks (Age 48)
    VP & Chief HR Officer
    Comp: $487.65k
  • Mr. Dennis A. Romps (Age 54)
    VP & Chief Accounting Officer
  • Mr. Derek C. Rieger (Age 41)
    Gen. Counsel, VP of Legal & Corp. Sec.
  • Ms. Dara Leslie
    Sr. VP of Sales & Marketing
  • Mr. Richard W. Mason Jr.
    Sr. VP of Engineering & Operations
  • Ms. Ann E. Flowers (Age 65)
    Associate Gen. Counsel













SHEN Stock - Frequently Asked Questions

Should I buy or sell Shenandoah Telecommunications stock right now?

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

What is Shenandoah Telecommunications' stock price forecast for 2022?

3 brokerages have issued 12 month target prices for Shenandoah Telecommunications' shares. Their SHEN stock forecasts range from $16.00 to $25.00. On average, they predict Shenandoah Telecommunications' share price to reach $20.67 in the next year. This suggests that the stock has a possible downside of 9.9%.
View analysts' price targets for Shenandoah Telecommunications
or view top-rated stocks among Wall Street analysts.

How has Shenandoah Telecommunications' stock performed in 2022?

Shenandoah Telecommunications' stock was trading at $25.50 on January 1st, 2022. Since then, SHEN stock has decreased by 10.0% and is now trading at $22.95.
View the best growth stocks for 2022 here
.

When is Shenandoah Telecommunications' next earnings date?

Shenandoah Telecommunications is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our earnings forecast for Shenandoah Telecommunications
.

How were Shenandoah Telecommunications' earnings last quarter?

Shenandoah Telecommunications (NASDAQ:SHEN) announced its earnings results on Thursday, October, 28th. The utilities provider reported $0.13 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.24. The utilities provider had revenue of $62.24 million for the quarter, compared to analyst estimates of $61.91 million. Shenandoah Telecommunications had a net margin of 348.88% and a trailing twelve-month return on equity of 1.38%. During the same period in the previous year, the business earned $0.03 earnings per share.

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

Shenandoah Telecommunications declared an annual dividend on Wednesday, October 27th. Stockholders of record on Monday, November 8th will be given a dividend of $0.07 per share on Wednesday, December 1st. This represents a yield of 0.26%. The ex-dividend date of this dividend is Friday, November 5th.
View Shenandoah Telecommunications' dividend history
.

Is Shenandoah Telecommunications a good dividend stock?

Shenandoah Telecommunications(NASDAQ:SHEN) pays an annual dividend of $0.07 per share and currently has a dividend yield of 0.31%. The dividend payout ratio of Shenandoah Telecommunications is 0.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Shenandoah Telecommunications will have a dividend payout ratio of 70.00% next year. This indicates that Shenandoah Telecommunications will be able to sustain or increase its dividend.
View Shenandoah Telecommunications' dividend history.

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

58 employees have rated Shenandoah Telecommunications CEO Chris French on Glassdoor.com. Chris French has an approval rating of 82% among Shenandoah Telecommunications' 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."

Who are Shenandoah Telecommunications' major shareholders?

Shenandoah Telecommunications' stock is owned by a number of retail and institutional investors. Top institutional investors include State of New Jersey Common Pension Fund D (0.21%), Assenagon Asset Management S.A. (0.20%), CWM LLC (0.18%), Exchange Traded Concepts LLC (0.13%), Acorn Financial Advisory Services Inc. ADV (0.08%) and Yousif Capital Management LLC (0.08%). Company insiders that own Shenandoah Telecommunications stock include Christopher E French, David L Heimbach, Derek Rieger, Thomas A Whitaker and William L Pirtle.
View institutional ownership trends for Shenandoah Telecommunications
.

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 $22.95.

How much money does Shenandoah Telecommunications make?

Shenandoah Telecommunications (NASDAQ:SHEN) has a market capitalization of $1.15 billion and generates $245.24 million in revenue each year. The utilities provider earns $998.83 million in net income (profit) each year or $17.77 on an earnings per share basis.

How many employees does Shenandoah Telecommunications have?

Shenandoah Telecommunications employs 860 workers across the globe.

When was Shenandoah Telecommunications founded?

Shenandoah Telecommunications was founded in 1902.

How can I contact Shenandoah Telecommunications?

Shenandoah Telecommunications' mailing address is 500 SHENTEL WAY, EDINBURG VA, 22824. The official website for Shenandoah Telecommunications 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 8/8/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.