NASDAQ:SHENShenandoah Telecommunications Stock Price, Forecast & News

Shenandoah Telecommunications' stock was trading at $41.85 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, SHEN stock has increased by 16.4% and is now trading at $48.73. View which stocks have been most impacted by Coronavirus.

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 Tuesday, August 4th 2020. View our earnings forecast for Shenandoah Telecommunications.

Shenandoah Telecommunications (NASDAQ:SHEN) released its quarterly earnings data on Thursday, April, 30th. The utilities provider reported $0.27 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.27. The utilities provider earned $153.19 million during the quarter, compared to the consensus estimate of $157.69 million. Shenandoah Telecommunications had a net margin of 8.64% and a return on equity of 11.51%. View Shenandoah Telecommunications' earnings history.

Shenandoah Telecommunications declared an annual dividend on Wednesday, October 30th. Shareholders of record on Thursday, November 14th will be given 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 target prices for Shenandoah Telecommunications' shares. Their forecasts range from $40.00 to $50.00. On average, they expect Shenandoah Telecommunications' share price to reach $44.67 in the next twelve months. This suggests that the stock has a possible downside of 8.3%. View analysts' price targets for Shenandoah Telecommunications.

Press coverage about SHEN stock has trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand blog and news 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 media sentiment score of -1.8 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news about Shenandoah Telecommunications.

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

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

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

Shenandoah Telecommunications' stock is owned by a variety of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.09%). Company insiders that own Shenandoah Telecommunications stock include Edward H Mckay, 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 purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $48.73.

Shenandoah Telecommunications has a market capitalization of $2.43 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]