Shenandoah Telecommunications Stock Forecast, Price & News

Shenandoah Telecommunications' stock was trading at $41.85 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, SHEN shares have increased by 14.3% and is now trading at $47.85.
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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) announced its quarterly earnings data on Thursday, July, 30th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate 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 paid 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 a boost from Shenandoah Telecommunications's previous annual dividend of $0.27.
View Shenandoah Telecommunications' dividend history.

3 analysts have issued 1 year price objectives for Shenandoah Telecommunications' shares. Their forecasts range from $40.00 to $50.00. On average, they expect Shenandoah Telecommunications' stock price to reach $45.00 in the next twelve months. This suggests that the stock has a possible downside of 6.0%.
View analysts' price targets for 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 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."

Shenandoah Telecommunications' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (10.17%), TimesSquare Capital Management LLC (1.59%), Bank of New York Mellon Corp (1.11%), First Trust Advisors LP (0.87%), Charles Schwab Investment Management Inc. (0.79%) and Principal Financial Group Inc. (0.75%). Company insiders that own Shenandoah Telecommunications stock include 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, Goldman Sachs Group Inc., Teton Advisors Inc., Mutual of America Capital Management LLC, Emerald Mutual Fund Advisers Trust, Visionary Wealth Advisors, Prudential Financial Inc., and Nuveen Asset Management LLC.
View insider buying and selling activity for Shenandoah Telecommunications.

SHEN stock was bought 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, Clark Capital Management Group Inc., Cubist Systematic Strategies LLC, SG Americas Securities LLC, and Handelsbanken Fonder AB.
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 $47.85.

Shenandoah Telecommunications has a market capitalization of $2.39 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]