Shenandoah Telecommunications - SHEN Stock Forecast, Price & News

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" 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.

3 Wall Street research analysts have issued 12-month price targets for Shenandoah Telecommunications' stock. Their SHEN share price forecasts range from $15.00 to $25.00. On average, they expect the company's stock price to reach $20.33 in the next year. This suggests a possible upside of 6.9% from the stock's current price.
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 19.8% and is now trading at $19.02.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our SHEN earnings forecast.

Shenandoah Telecommunications (NASDAQ:SHEN) released its quarterly earnings data on Thursday, October, 28th. The utilities provider reported $0.13 EPS for the quarter, beating 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 negative net margin of 3.13% and a negative trailing twelve-month return on equity of 0.67%. During the same quarter in the prior year, the firm earned $0.03 earnings per share.

Shenandoah Telecommunications declared an annual dividend on Tuesday, October 25th. Shareholders 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 of this dividend is Friday, November 4th. This is a positive change 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), Roundhill IO Digital Infrastructure ETF (BYTE), Syntax Stratified SmallCap ETF (SSLY), Vanguard U.S. Minimum Volatility ETF (VFMV), First Trust NASDAQ BuyWrite Income ETF (FTQI), SPDR S&P Telecom ETF (XTL), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) and ProShares Ultra Communication Services (LTL).

Shenandoah Telecommunications (NASDAQ:SHEN) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.43%.
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."

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 $19.02.

Shenandoah Telecommunications (NASDAQ:SHEN) has a market capitalization of $955.76 million and generates $267.37 million in revenue each year. The utilities provider earns $-8,380,000.00 in net income (profit) each year or ($0.16) on an earnings per share basis.

The company employs 860 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.