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

Shenandoah Telecommunications' stock was trading at $41.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SHEN stock has increased by 10.3% and is now trading at $46.17. View which stocks have been mosted impacted by Coronavirus.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last year. There are currently 2 hold ratings and 1 buy rating 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, May 14th 2020. View our earnings forecast for Shenandoah Telecommunications.

Shenandoah Telecommunications (NASDAQ:SHEN) released its quarterly earnings results on Wednesday, February, 26th. The utilities provider reported $0.27 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.05. The utilities provider earned $161 million during the quarter, compared to the consensus estimate of $161.23 million. Shenandoah Telecommunications had a return on equity of 11.81% and a net margin of 8.67%. View Shenandoah Telecommunications' earnings history.

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 positive change from Shenandoah Telecommunications's previous annual dividend of $0.27. View Shenandoah Telecommunications' dividend history.

3 brokerages have issued 12 month price objectives for Shenandoah Telecommunications' shares. Their forecasts range from $44.00 to $52.00. On average, they expect Shenandoah Telecommunications' share price to reach $47.67 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View analysts' price targets for Shenandoah Telecommunications.

Headlines about SHEN stock have trended somewhat positive this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. 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 media sentiment score of 1.2 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutShenandoah Telecommunications.

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).

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

Shenandoah Telecommunications' stock is owned by a number of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.14%), State Street Corp (2.84%), Norges Bank (1.65%), Geode Capital Management LLC (1.40%), Bank of New York Mellon Corp (1.14%) and Mawer Investment Management Ltd. (1.12%). 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 Nuveen Asset Management LLC, Martingale Asset Management L P, AQR Capital Management LLC, Bessemer Group Inc., Prudential Financial Inc., PNC Financial Services Group Inc., Charles Schwab Investment Management Inc., and Graves Light Private Wealth Management Inc.. View insider buying and selling activity for Shenandoah Telecommunications.

SHEN stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, State Street Corp, Principal Financial Group Inc., Bank of New York Mellon Corp, Visionary Wealth Advisors, Public Sector Pension Investment Board, Rhumbline Advisers, and State of New Jersey Common Pension Fund D. 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 $46.17.

Shenandoah Telecommunications has a market capitalization of $2.30 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. 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]