NASDAQ:SHEN - Shenandoah Telecommunications Stock Price, Forecast & News

Shenandoah Telecommunications trades on the NASDAQ under the ticker symbol "SHEN."

Shenandoah Telecommunications announced an annual dividend on Wednesday, October 30th. Investors 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.

Shenandoah Telecommunications (NASDAQ:SHEN) released its quarterly earnings data on Thursday, October, 31st. The utilities provider reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.03. The utilities provider earned $155.15 million during the quarter, compared to analyst estimates of $163.96 million. Shenandoah Telecommunications had a net margin of 8.87% and a return on equity of 12.28%. View Shenandoah Telecommunications' Earnings History.

Shenandoah Telecommunications is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Shenandoah Telecommunications.

4 brokerages have issued 1 year price objectives for Shenandoah Telecommunications' shares. Their forecasts range from $44.00 to $52.00. On average, they anticipate Shenandoah Telecommunications' share price to reach $47.67 in the next year. This suggests a possible upside of 9.0% from the stock's current price. View Analyst Price Targets for Shenandoah Telecommunications.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Shenandoah Telecommunications.

News coverage about SHEN stock has been trending positive on Tuesday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Shenandoah Telecommunications earned a coverage optimism score of 3.0 on InfoTrie's scale. They also gave news articles about the utilities provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for Shenandoah Telecommunications.

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

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 3-7 Year Treasury Bond ETF (IEI), Walt Disney (DIS), iShares California Muni Bond ETF (CMF), Las Vegas Sands (LVS), Meredith (MDP), Comcast (CMCSA) and Sinclair Broadcast Group (SBGI).

Shenandoah Telecommunications' stock is owned by many different of institutional and retail investors. Top institutional shareholders include California Public Employees Retirement System (0.21%), Graves Light Private Wealth Management Inc. (0.08%), State of Alaska Department of Revenue (0.07%), Arizona State Retirement System (0.06%), New York State Teachers Retirement System (0.06%) and Nisa Investment Advisors LLC (0.05%). Company insiders that own Shenandoah Telecommunications stock include Edward H Mckay, James E Zerkel II, Ken L Burch, 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.

SHEN stock was sold by a variety of institutional investors in the last quarter, including Graves Light Private Wealth Management Inc. and Ingalls & Snyder LLC. View Insider Buying and Selling for Shenandoah Telecommunications.

SHEN stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, Arizona State Retirement System, New York State Teachers Retirement System, Acorn Financial Advisory Services Inc. ADV, Louisiana State Employees Retirement System, California Public Employees Retirement System, Nisa Investment Advisors LLC and Everence Capital Management Inc.. View Insider Buying and Selling 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 $43.72.

Shenandoah Telecommunications has a market capitalization of $2.18 billion and generates $630.85 million in revenue each year. The utilities provider earns $46.60 million in net income (profit) each year or $0.93 on an earnings per share basis. Shenandoah Telecommunications employs 1,029 workers across the globe.View Additional Information About Shenandoah Telecommunications.

The official website for Shenandoah Telecommunications is http://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]