NASDAQ:SHENShenandoah Telecommunications Stock Price, Forecast & News

$52.61

-0.46 (-0.87 %)

(As of 05/26/2020 01:14 PM ET)

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Today's Range

$52.24

Now: $52.61▼

$53.23

50-Day Range

$44.22

MA: $49.75▼

$58.64

52-Week Range

$29.61

Now: $52.61▼

$59.93

Volume8,801 shs

Average Volume226,585 shs

Market Capitalization$2.62 billion

P/E Ratio48.27

Dividend Yield0.56%

Beta0.19

Shenandoah Telecommunications Company, through its subsidiaries, primarily provides wireless, cable, and wireline telecommunications services to customers and other telecommunications providers. The company operates in three segments: Wireless, Cable, and Wireline. The Wireless segment provides digital wireless mobile services; and wireless mobility communications network products and services. It owns 208 cell site towers built on leased land and owned land; and leases space on towers to affiliated and non-affiliated third party wireless service providers. This segment provides its services in central and western Virginia, south-central Pennsylvania, West Virginia, Maryland, North Carolina, Kentucky, Tennessee, and Ohio. The Cable segment offers video, broadband, and voice services in Virginia, West Virginia, and western Maryland; and leases fiber optic facilities. The Wireline segment provides regulated and unregulated voice services, Internet broadband, and long distance access services, as well as leases fiber optic facilities throughout portions of Virginia, West Virginia, Maryland, and Pennsylvania. Shenandoah Telecommunications Company also maintains an interstate fiber optic network; and offers unregulated communications equipment sales and services. The company provides its products and services under the Sprint and Shentel brands. Shenandoah Telecommunications Company was founded in 1902 and is headquartered in Edinburg, Virginia.

Beat the Market (BTM) Rank^™

0.8 Analyst's Opinion

Consensus Rating
Shenandoah Telecommunications has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $44.67, Shenandoah Telecommunications has a potential downside of 15.1% from its current price of $52.61.
Amount of Analyst Coverage
Shenandoah Telecommunications has only been the subject of 2 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Shenandoah Telecommunications has received 421 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Shenandoah Telecommunications has received 308 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Shenandoah Telecommunications has received 57.75% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Shenandoah Telecommunications and other stocks. Vote “Outperform” if you believe SHEN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SHEN will underperform the S&P 500 over the long term. You may vote once every thirty days.

4.2 Dividend Strength

Dividend Leadership
Shenandoah Telecommunications is a leading dividend payer. It pays a dividend yield of 0.56%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Shenandoah Telecommunications has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of Shenandoah Telecommunications is 26.36 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Shenandoah Telecommunications will have a dividend payout ratio of 18.83 % next year. This indicates that Shenandoah Telecommunications will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Shenandoah Telecommunications insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.27% of the stock of Shenandoah Telecommunications is held by insiders.
Percentage Held by Institutions
54.57% of the stock of Shenandoah Telecommunications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Shenandoah Telecommunications are expected to grow by 29.41% in the coming year, from $1.19 to $1.54 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Shenandoah Telecommunications is 48.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of Shenandoah Telecommunications is 48.27, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 27.70.
Price to Book Value per Share Ratio
Shenandoah Telecommunications has a P/B Ratio of 5.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.03 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Telephone communication, except radio

Sub-IndustryWireless Telecommunication Services

SectorUtilities

Current SymbolNASDAQ:SHEN

Previous Symbol

CUSIP82312B10

CIK354963

Webwww.shentel.com

Phone540-984-4141

Debt

Debt-to-Equity Ratio2.13

Current Ratio1.85

Quick Ratio1.80

Price-To-Earnings

Trailing P/E Ratio48.27

Forward P/E Ratio44.21

P/E GrowthN/A

Sales & Book Value

Annual Sales$633.91 million

Price / Sales4.14

Cash Flow$4.45 per share

Price / Cash Flow11.81

Book Value$9.42 per share

Price / Book5.58

Profitability

EPS (Most Recent Fiscal Year)$1.10

Net Income$54.94 million

Net Margins8.64%

Return on Equity11.51%

Return on Assets2.94%

Miscellaneous

Employees1,130

Outstanding Shares49,840,000

Market Cap$2.62 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Shenandoah Telecommunications (NASDAQ:SHEN) Frequently Asked Questions

How has Shenandoah Telecommunications' stock been impacted by COVID-19 (Coronavirus)?

Shenandoah Telecommunications' stock was trading at $41.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SHEN stock has increased by 25.7% and is now trading at $52.61. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Shenandoah Telecommunications?

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.

When is Shenandoah Telecommunications' next earnings date?

Shenandoah Telecommunications is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Shenandoah Telecommunications.

How were Shenandoah Telecommunications' earnings last quarter?

Shenandoah Telecommunications (NASDAQ:SHEN) issued its quarterly earnings data on Thursday, April, 30th. The utilities provider reported $0.27 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.27. The utilities provider had revenue of $153.19 million for the quarter, compared to the consensus estimate of $157.69 million. Shenandoah Telecommunications had a net margin of 8.64% and a return on equity of 11.51%. View Shenandoah Telecommunications' earnings history.

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

Shenandoah Telecommunications announced an annual dividend on Wednesday, October 30th. Stockholders of record on Thursday, November 14th will be paid 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 a boost from Shenandoah Telecommunications's previous annual dividend of $0.27. View Shenandoah Telecommunications' dividend history.

What price target have analysts set for SHEN?

3 equities research analysts have issued 1-year price objectives for Shenandoah Telecommunications' stock. Their forecasts range from $40.00 to $50.00. On average, they anticipate Shenandoah Telecommunications' share price to reach $44.67 in the next year. This suggests that the stock has a possible downside of 15.1%. View analysts' price targets for Shenandoah Telecommunications.

Has Shenandoah Telecommunications been receiving favorable news coverage?

News stories about SHEN stock have trended positive on Tuesday, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Shenandoah Telecommunications earned a daily sentiment score of 3.0 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutShenandoah Telecommunications.

Who are some of Shenandoah Telecommunications' key competitors?

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

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 Metlife (MET), Brighthouse Financial (BHF), AT&T (T), iShares California Muni Bond ETF (CMF), Walt Disney (DIS), iShares 3-7 Year Treasury Bond ETF (IEI), Las Vegas Sands (LVS), Carnival (CCL), Comcast (CMCSA) and Meredith (MDP).

Who are Shenandoah Telecommunications' key executives?

Shenandoah Telecommunications' management team includes the following people:

Mr. Christopher E. French, Chairman, Pres & CEO (Age 61)
Mr. James F. Woodward CPA, Sr. VP of Fin. & CFO (Age 59)
Mr. Raymond B. Ostroski, VP of Legal, Gen. Counsel & Corp. Sec. (Age 64)
Mr. William L. Pirtle, Sr. VP of Sales & Marketing (Age 59)
Mr. Thomas A. Whitaker, Sr. VP of Fiber Operations (Age 58)

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 variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.07%), State Street Corp (3.03%), TimesSquare Capital Management LLC (2.00%), Geode Capital Management LLC (1.46%), Bank of New York Mellon Corp (1.11%) and Mawer Investment Management Ltd. (1.06%). Company insiders that own Shenandoah Telecommunications stock include Edward H Mckay, James E Zerkel II, 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.

Which major investors are selling Shenandoah Telecommunications stock?

SHEN stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, AltraVue Capital LLC, Teton Advisors Inc., Morgan Stanley, TimesSquare Capital Management LLC, Gabelli Funds LLC, Alliancebernstein L.P., and Martingale Asset Management L P. View insider buying and selling activity for Shenandoah Telecommunications.

Which major investors are buying Shenandoah Telecommunications stock?

SHEN stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., State Street Corp, SG Americas Securities LLC, Invesco Ltd., JPMorgan Chase & Co., Employees Retirement System of Texas, Geode Capital Management LLC, and Texas Permanent School Fund. View insider buying and selling activity for Shenandoah Telecommunications.

How do I buy shares of 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.

What is Shenandoah Telecommunications' stock price today?

One share of SHEN stock can currently be purchased for approximately $52.61.

How big of a company is Shenandoah Telecommunications?

Shenandoah Telecommunications has a market capitalization of $2.62 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.

What is Shenandoah Telecommunications' official website?

The official website for Shenandoah Telecommunications is www.shentel.com.

How can I contact Shenandoah Telecommunications?

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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff