NASDAQ:SHEN - Shenandoah Telecommunications Stock Price, Forecast & News

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

Shenandoah Telecommunications declared an annual dividend on Wednesday, October 30th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.29 per share on Monday, December 2nd. This represents a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 13th. This is an increase from Shenandoah Telecommunications's previous annual dividend of $0.27. View Shenandoah Telecommunications' Dividend History.

Shenandoah Telecommunications (NASDAQ:SHEN) released its quarterly earnings data on Thursday, October, 31st. The utilities provider reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.32 by $0.03. The utilities provider earned $155.15 million during the quarter, compared to analyst estimates of $163.96 million. Shenandoah Telecommunications had a net margin of 8.87% and a return on equity of 12.28%. View Shenandoah Telecommunications' Earnings History.

Shenandoah Telecommunications is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Shenandoah Telecommunications.

4 analysts have issued 1-year price targets for Shenandoah Telecommunications' stock. Their forecasts range from $44.00 to $54.00. On average, they expect Shenandoah Telecommunications' stock price to reach $48.33 in the next year. This suggests a possible upside of 28.1% from the stock's current price. View Analyst Price Targets for Shenandoah Telecommunications.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Shenandoah Telecommunications.

Media headlines about SHEN stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Shenandoah Telecommunications earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave media headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Shenandoah Telecommunications.

Shenandoah Telecommunications saw a decrease in short interest in November. As of November 15th, there was short interest totalling 459,200 shares, a decrease of 6.3% from the October 31st total of 490,200 shares. Based on an average trading volume of 346,500 shares, the days-to-cover ratio is presently 1.3 days. Currently, 1.0% of the company's shares are sold short. View Shenandoah Telecommunications' Current Options Chain.

Some companies that are related to Shenandoah Telecommunications include CROWN CASTLE IN/SH SH (CCI), SBA Communications (SBAC), Sprint (S), BlackBerry (BB), United States Cellular (USM), Telephone & Data Systems (TDS), Boingo Wireless (WIFI) and Spok (SPOK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Shenandoah Telecommunications investors own include American International Group (AIG), Tesla (TSLA), Bausch Health Companies (BHC), Silvercorp Metals (SVM), Walt Disney (DIS), Transocean (RIG), Cisco Systems (CSCO), Starbucks (SBUX), Xilinx (XLNX) and AbbVie (ABBV).

Shenandoah Telecommunications' stock is owned by many different of retail and institutional investors. Top institutional investors include TimesSquare Capital Management LLC (2.42%), State Street Corp (2.03%), Teton Advisors Inc. (0.56%), Millennium Management LLC (0.50%), Emerald Mutual Fund Advisers Trust (0.25%) and California Public Employees Retirement System (0.19%). Company insiders that own Shenandoah Telecommunications stock include Edward H Mckay, James E Zerkel II, Ken L Burch, Leigh Ann Schultz, Raymond B Ostroski, Richard A Baughman, Richard L Koontz Jr, Thomas A Whitaker and William L Pirtle. View Institutional Ownership Trends for Shenandoah Telecommunications.

SHEN stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Teton Advisors Inc., Assenagon Asset Management S.A., First Trust Advisors LP, Barclays PLC, Dupont Capital Management Corp, SG Americas Securities LLC and Massachusetts Financial Services Co. MA. View Insider Buying and Selling for Shenandoah Telecommunications.

SHEN stock was bought by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, Millennium Management LLC, Emerald Mutual Fund Advisers Trust, Squarepoint Ops LLC, California Public Employees Retirement System, Ingalls & Snyder LLC, State Street Corp and Cambridge Investment Research Advisors Inc.. View Insider Buying and Selling for Shenandoah Telecommunications.

Shares of SHEN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of SHEN stock can currently be purchased for approximately $37.72.

Shenandoah Telecommunications has a market capitalization of $1.88 billion and generates $630.85 million in revenue each year. The utilities provider earns $46.60 million in net income (profit) each year or $0.93 on an earnings per share basis. Shenandoah Telecommunications employs 1,029 workers across the globe.View Additional Information About Shenandoah Telecommunications.

The official website for Shenandoah Telecommunications is http://www.shentel.com/.

Shenandoah Telecommunications' mailing address is 500 SHENTEL WAY, EDINBURG VA, 22824. The utilities provider can be reached via phone at 540-984-4141 or via email at [email protected]