Shenandoah Telecommunications - SHEN Stock Forecast, Price & News

3 Wall Street 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 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 brokers have issued 1-year target prices for Shenandoah Telecommunications' shares. Their SHEN share price forecasts range from $15.00 to $25.00. On average, they anticipate the company's stock price to reach $20.33 in the next year. This suggests a possible upside of 7.4% 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 on January 1st, 2023. Since then, SHEN stock has increased by 19.3% and is now trading at $18.94.
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The company is scheduled to release its next quarterly earnings announcement on Monday, February 27th 2023.
View our SHEN earnings forecast.

Shenandoah Telecommunications (NASDAQ:SHEN) announced its earnings results on Thursday, October, 28th. The utilities provider reported $0.13 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.24. The utilities provider earned $62.24 million during the quarter, compared to analyst estimates of $61.91 million. Shenandoah Telecommunications had a positive trailing twelve-month return on equity of 0.05% and a negative net margin of 1.98%. During the same quarter in the previous year, the firm posted $0.03 earnings per share.

Shenandoah Telecommunications declared an annual dividend on Tuesday, October 25th. Stockholders of record on Monday, November 7th will be paid a dividend of $0.08 per share on Thursday, December 1st. This represents a dividend yield of 0.39%. The ex-dividend date is Friday, November 4th. This is an increase from the stock's previous annual dividend of $0.07.
Read our dividend analysis for SHEN.

Shenandoah Telecommunications (NASDAQ:SHEN) pays an annual dividend of $0.08 per share and currently has a dividend yield of 0.39%.
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."

Shenandoah Telecommunications' stock is owned by many different retail and institutional investors. Top institutional shareholders include DAVENPORT & Co LLC (1.77%), CWM LLC (0.16%), State of New Jersey Common Pension Fund D (0.11%), Inspire Investing LLC (0.09%), Acorn Financial Advisory Services Inc. ADV (0.08%) and SG Americas Securities LLC (0.06%). Insiders that own company stock include Christopher E French, David L Heimbach, Derek Rieger, Heather K Tormey, Thomas A Whitaker and William L Pirtle.
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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 $18.94.

Shenandoah Telecommunications (NASDAQ:SHEN) has a market capitalization of $948.89 million and generates $245.24 million in revenue each year. The utilities provider earns $998.83 million in net income (profit) each year or ($0.09) 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.