S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
NASDAQ:SHEN

Shenandoah Telecommunications (SHEN) Stock Price, News & Analysis

$14.38
-0.26 (-1.78%)
(As of 04/17/2024 ET)
Today's Range
$14.38
$14.90
50-Day Range
$14.38
$21.12
52-Week Range
$14.38
$25.51
Volume
147,277 shs
Average Volume
140,812 shs
Market Capitalization
$725.47 million
P/E Ratio
89.88
Dividend Yield
0.63%
Price Target
$25.00

Shenandoah Telecommunications MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
73.9% Upside
$25.00 Price Target
Short Interest
Healthy
1.62% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.10mentions of Shenandoah Telecommunications in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.05) to ($0.11) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.13 out of 5 stars

Utilities Sector

76th out of 97 stocks

Telephone Communication, Except Radio Industry

13th out of 20 stocks

SHEN stock logo

About Shenandoah Telecommunications Stock (NASDAQ:SHEN)

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. It operates in two segments, Broadband and Tower. The company Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky through hybrid fiber coaxial cable under the Shentel brand; and fiber optic services under the Glo Fiber brand name. This segment also leases dark fiber and provides Ethernet and wavelength fiber optic services to enterprise and wholesale customers under the Glo Fiber Enterprise and Glo Fiber Wholesale brand names; and provides voice data and DSL telephone services. The Tower segment owns macro cellular towers and leases colocation space to the wireless communications providers. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.

SHEN Stock Price History

SHEN Stock News Headlines

Uncover this 2024 Hidden Gem
Exclusive Report: Uncover a Hidden Investment Gem We’re excited to share a special report on one exceptional, publicly traded company. This company has achieved a remarkable 22+% just this year, outperforming the market and revealing the potential for significant gains.
SHEN: Lowering target price to $17.00
This company has increased its dividend every year for 54 years
There are three basic steps to building the Ultimate Dividend Portfolio. Step #1 is to Get The High Yields! So an index fund like the SPY, paying only 1.5% a year, isn’t going to cut it. But a company like Altria Group (MO) will.
Shenandoah To Sell Tower Portfolio For $310 Million Cash
Q4 2023 Shenandoah Telecommunications Co Earnings Call
Shentel Stock Pops 8% on Fiber Growth, Potential Deals
Shenandoah Telecommunications Co (SH9.DU)
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.

Company Calendar

Last Earnings
2/21/2024
Today
4/17/2024
Next Earnings (Estimated)
4/26/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Telephone communication, except radio
Sub-Industry
Wireless Telecommunication Services
Current Symbol
NASDAQ:SHEN
CUSIP
82312B10
Employees
845
Year Founded
1902

Price Target and Rating

Average Stock Price Target
$25.00
High Stock Price Target
$26.00
Low Stock Price Target
$24.00
Potential Upside/Downside
+70.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$8.04 million
Pretax Margin
3.83%

Debt

Sales & Book Value

Annual Sales
$287.38 million
Cash Flow
$1.42 per share
Book Value
$12.98 per share

Miscellaneous

Free Float
48,242,000
Market Cap
$742.12 million
Optionable
Optionable
Beta
0.52

Social Links

13 Stocks Institutional Investors Won't Stop Buying Cover

Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.

Get This Free Report

Key Executives

  • Mr. Christopher E. French (Age 66)
    Chairman, President & CEO
    Comp: $1.56M
  • Mr. James J. Volk CPA (Age 60)
    Senior VP of Finance & CFO
    Comp: $762.07k
  • Mr. Edward H. McKay (Age 51)
    Executive VP & COO
    Comp: $825.57k
  • Ms. Elaine M. Cheng (Age 50)
    Senior VP & Chief Information Officer
    Comp: $549.37k
  • Mr. Richard W. Mason Jr. (Age 50)
    Senior Vice President of Engineering & Operations
    Comp: $551k
  • Mr. Dennis A. Romps (Age 56)
    VP & Chief Accounting Officer
  • Mr. Derek C. Rieger (Age 42)
    General Counsel, VP of Legal & Corporate Secretary
  • Ms. Dara Leslie (Age 56)
    Senior Vice President of Sales & Marketing
  • Ms. Heather K. Tormey (Age 49)
    VP & Chief Human Resources Officer
    Comp: $487.65k
  • Ms. Ann E. Flowers (Age 67)
    Associate General Counsel
    Comp: $254.98k

SHEN Stock Analysis - Frequently Asked Questions

Should I buy or sell Shenandoah Telecommunications stock right now?

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

What is Shenandoah Telecommunications' stock price target for 2024?

2 equities research analysts have issued 1 year target prices for Shenandoah Telecommunications' shares. Their SHEN share price targets range from $24.00 to $26.00. On average, they expect the company's stock price to reach $25.00 in the next year. This suggests a possible upside of 73.9% from the stock's current price.
View analysts price targets for SHEN
or view top-rated stocks among Wall Street analysts.

How have SHEN shares performed in 2024?

Shenandoah Telecommunications' stock was trading at $21.62 at the start of the year. Since then, SHEN shares have decreased by 33.5% and is now trading at $14.38.
View the best growth stocks for 2024 here
.

When is Shenandoah Telecommunications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our SHEN earnings forecast
.

How were Shenandoah Telecommunications' earnings last quarter?

Shenandoah Telecommunications (NASDAQ:SHEN) issued its quarterly earnings results on Wednesday, February, 21st. The utilities provider reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.06. The utilities provider earned $72.51 million during the quarter, compared to the consensus estimate of $71.85 million. Shenandoah Telecommunications had a net margin of 2.80% and a trailing twelve-month return on equity of 1.24%. During the same quarter last year, the business earned ($0.04) earnings per share.

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

Shenandoah Telecommunications announced an annual dividend on Tuesday, October 24th. Shareholders of record on Tuesday, November 7th will be paid a dividend of $0.09 per share on Friday, December 1st. This represents a yield of 0.36%. The ex-dividend date of this dividend is Monday, November 6th. This is an increase from the stock's previous annual dividend of $0.08.
Read our dividend analysis for SHEN
.

Is Shenandoah Telecommunications a good dividend stock?

Shenandoah Telecommunications (NASDAQ:SHEN) pays an annual dividend of $0.09 per share and currently has a dividend yield of 0.59%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 56.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SHEN.

What ETFs hold Shenandoah Telecommunications' stock?

ETFs with the largest weight of Shenandoah Telecommunications (NASDAQ:SHEN) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) and Roundhill IO Digital Infrastructure ETF (BYTE).SPDR S&P Telecom ETF (XTL).

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

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.

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).

Who are Shenandoah Telecommunications' major shareholders?

Shenandoah Telecommunications' stock is owned by a variety of retail and institutional investors. Top institutional investors include GAMMA Investing LLC (0.00%). Insiders that own company stock include Christopher E French, David L Heimbach, Derek Rieger, Heather K Tormey, Thomas A Whitaker and William L Pirtle.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SHEN) was last updated on 4/17/2024 by MarketBeat.com Staff

From Our Partners