NASDAQ:SHENShenandoah Telecommunications Stock Price, Forecast & News

Shenandoah Telecommunications' stock was trading at $41.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SHEN stock has increased by 31.4% and is now trading at $54.97.
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3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Shenandoah Telecommunications.

Shenandoah Telecommunications is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020.
View our earnings forecast for Shenandoah Telecommunications.

Shenandoah Telecommunications (NASDAQ:SHEN) released its earnings results on Thursday, July, 30th. The utilities provider reported $0.58 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.23. The utilities provider earned $169.53 million during the quarter, compared to analyst estimates of $156.78 million. Shenandoah Telecommunications had a return on equity of 14.53% and a net margin of 11.02%.
View Shenandoah Telecommunications' earnings history.

Shenandoah Telecommunications announced 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 dividend 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.

3 analysts have issued 12 month price targets for Shenandoah Telecommunications' stock. Their forecasts range from $40.00 to $50.00. On average, they anticipate Shenandoah Telecommunications' stock price to reach $45.00 in the next year. This suggests that the stock has a possible downside of 18.1%.
View analysts' price targets for Shenandoah Telecommunications.

Headlines about SHEN stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Shenandoah Telecommunications earned a coverage optimism score of 1.0 on InfoTrie's scale. They also gave media stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days.
View the latest news about Shenandoah Telecommunications.

Some companies that are related to Shenandoah Telecommunications include CROWN CASTLE IN/SH SH (CCI), SBA Communications (SBAC), United States Cellular (USM), BlackBerry (BB), Telephone & Data Systems (TDS), Boingo Wireless (WIFI) and Spok (SPOK).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Shenandoah Telecommunications investors own include Metlife (MET), AT&T (T), Brighthouse Financial (BHF), Walt Disney (DIS), Carnival (CCL), Activision Blizzard (ATVI), Comcast (CMCSA), iShares California Muni Bond ETF (CMF), iShares 3-7 Year Treasury Bond ETF (IEI) and Las Vegas Sands (LVS).

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 TimesSquare Capital Management LLC (1.59%), First Trust Advisors LP (0.87%), Principal Financial Group Inc. (0.75%), Bessemer Group Inc. (0.47%), Creative Planning (0.24%) and Emerald Mutual Fund Advisers Trust (0.23%). Company insiders that own Shenandoah Telecommunications stock include Edward H Mckay, James E Zerkel II, Leigh Ann Schultz, Raymond B Ostroski, 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 TimesSquare Capital Management LLC, Mutual of America Capital Management LLC, Emerald Mutual Fund Advisers Trust, UBS Group AG, Principal Financial Group Inc., Texas Permanent School Fund, Creative Planning, and Dubuque Bank & Trust.
View insider buying and selling activity for Shenandoah Telecommunications.

SHEN stock was acquired by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Bessemer Group Inc., New York State Teachers Retirement System, Swiss National Bank, SG Americas Securities LLC, ProShare Advisors LLC, Magnus Financial Group LLC, and Emerald Advisers LLC.
View insider buying and selling activity 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 $54.97.

Shenandoah Telecommunications has a market capitalization of $2.74 billion and generates $633.91 million in revenue each year. The utilities provider earns $54.94 million in net income (profit) each year or $1.10 on an earnings per share basis. Shenandoah Telecommunications employs 1,130 workers across the globe.

The official website for Shenandoah Telecommunications is 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]