NASDAQ:SHEN

Shenandoah Telecommunications Stock Forecast, Price & News

$44.29

+1.15 (+2.67 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$42.74

Now: $44.29▼

$44.46

50-Day Range

$42.87

MA: $44.17▼

$46.57

52-Week Range

$38.35

Now: $44.29▼

$59.93

Volume166,500 shs

Average Volume167,621 shs

Market Capitalization$2.21 billion

P/E Ratio24.34

Dividend Yield0.77%

Beta0.33

Shenandoah Telecommunications Company, together with its subsidiaries, provides wireless and broadband communication products and services in the United States. The company operates in three segments: Wireless, Broadband, and Tower. The Wireless segment provides wireless mobility communications network products. This segment provides its services in central and western Virginia, south-central Pennsylvania, West Virginia, Maryland, Kentucky, and Ohio. As of December 31, 2019, the company provides network service to 844,194 postpaid and 274,012 prepaid subscribers. The Broadband segment offers broadband, video and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, and Kentucky. This segment also leases fiber and provides Ethernet and wavelength fiber optic services; and voice and digital subscriber line telephone services. The Tower segment owns 225 cell towers and leased spaces. The company provides its products and services under the Sprint and Shentel brands. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.

MarketRank^™

Overall MarketRank^™

1.61 out of 5 stars

Utilities Sector

70th out of 273 stocks

Telephone Communication, Except Radio Industry

17th out of 89 stocks

2.0 Analyst's Opinion

Consensus Rating
Shenandoah Telecommunications has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $49.50, Shenandoah Telecommunications has a forecasted upside of 11.8% from its current price of $44.29.
Amount of Analyst Coverage
Shenandoah Telecommunications has only been the subject of 2 research reports in the past 90 days.

2.9 Community Rank

Outperform Votes
Shenandoah Telecommunications has received 426 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Shenandoah Telecommunications has received 319 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Shenandoah Telecommunications has received 57.18% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Shenandoah Telecommunications and other stocks. Vote “Outperform” if you believe SHEN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SHEN will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Shenandoah Telecommunications has a dividend yield of 0.77%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Shenandoah Telecommunications does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Shenandoah Telecommunications is 30.91%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Shenandoah Telecommunications will have a dividend payout ratio of 18.28% next year. This indicates that Shenandoah Telecommunications will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Shenandoah Telecommunications insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.27% of the stock of Shenandoah Telecommunications is held by insiders.
Percentage Held by Institutions
53.40% of the stock of Shenandoah Telecommunications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Shenandoah Telecommunications are expected to decrease by -2.11% in the coming year, from $1.90 to $1.86 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Shenandoah Telecommunications is 24.34, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.03.
Price to Earnings Ratio vs. Sector
The P/E ratio of Shenandoah Telecommunications is 24.34, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 36.03.
Price to Book Value per Share Ratio
Shenandoah Telecommunications has a P/B Ratio of 4.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Telephone communication, except radio

Sub-IndustryWireless Telecommunication Services

SectorUtilities

Current SymbolNASDAQ:SHEN

Previous Symbol

CUSIP82312B10

CIK354963

Webwww.shentel.com

Phone540-984-4141

Employees1,130

Debt

Debt-to-Equity RatioN/A

Current Ratio1.15

Quick Ratio1.15

Price-To-Earnings

Trailing P/E Ratio24.34

Forward P/E Ratio23.31

P/E GrowthN/A

Sales & Book Value

Annual Sales$633.91 million

Price / Sales3.48

Cash Flow$4.49 per share

Price / Cash Flow9.86

Book Value$9.42 per share

Price / Book4.70

Profitability

EPS (Most Recent Fiscal Year)$1.10

Net Income$54.94 million

Net Margins16.88%

Return on Equity11.44%

Return on Assets3.03%

Miscellaneous

Outstanding Shares49,852,000

Market Cap$2.21 billion

Next Earnings Date2/24/2021 (Estimated)

OptionableOptionable

$44.29

+1.15 (+2.67 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Shenandoah Telecommunications (NASDAQ:SHEN) Frequently Asked Questions

How has Shenandoah Telecommunications' stock price been impacted by Coronavirus?

Shenandoah Telecommunications' stock was trading at $41.85 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SHEN shares have increased by 5.8% and is now trading at $44.29.
View which stocks have been most impacted by COVID-19.

Is Shenandoah Telecommunications a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Shenandoah Telecommunications stock. 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 analyst ratings for Shenandoah Telecommunications or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Shenandoah Telecommunications?

Wall Street analysts have given Shenandoah Telecommunications a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Shenandoah Telecommunications wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

What is Chris French's approval rating as Shenandoah Telecommunications' CEO?

58 employees have rated Shenandoah Telecommunications CEO Chris French on Glassdoor.com. Chris French has an approval rating of 82% among Shenandoah Telecommunications' employees.

When is Shenandoah Telecommunications' next earnings date?

Shenandoah Telecommunications is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Shenandoah Telecommunications.

How were Shenandoah Telecommunications' earnings last quarter?

Shenandoah Telecommunications (NASDAQ:SHEN) posted its earnings results on Friday, November, 6th. The utilities provider reported $0.03 EPS for the quarter, missing the consensus estimate of $0.36 by $0.33. The utilities provider earned $55.17 million during the quarter. Shenandoah Telecommunications had a trailing twelve-month return on equity of 11.44% and a net margin of 16.88%.
View Shenandoah Telecommunications' earnings history.

How often does Shenandoah Telecommunications pay dividends? What is the dividend yield for Shenandoah Telecommunications?

Shenandoah Telecommunications declared an annual dividend on Tuesday, October 27th. Stockholders of record on Thursday, November 12th will be given a dividend of $0.34 per share on Tuesday, December 1st. This represents a yield of 0.78%. The ex-dividend date of this dividend is Tuesday, November 10th. This is an increase from Shenandoah Telecommunications's previous annual dividend of $0.29.
View Shenandoah Telecommunications' dividend history.

Is Shenandoah Telecommunications a good dividend stock?

Shenandoah Telecommunications pays an annual dividend of $0.34 per share and currently has a dividend yield of 0.77%. The dividend payout ratio of Shenandoah Telecommunications is 30.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Shenandoah Telecommunications will have a dividend payout ratio of 18.28% next year. This indicates that Shenandoah Telecommunications will be able to sustain or increase its dividend.
View Shenandoah Telecommunications' dividend history.

What price target have analysts set for SHEN?

3 equities research analysts have issued 1 year target prices for Shenandoah Telecommunications' shares. Their forecasts range from $45.00 to $54.00. On average, they expect Shenandoah Telecommunications' share price to reach $49.50 in the next year. This suggests a possible upside of 11.8% from the stock's current price.
View analysts' price targets for Shenandoah Telecommunications or view Wall Street analyst' top-rated stocks.

Who are some of Shenandoah Telecommunications' key competitors?

Some companies that are related to Shenandoah Telecommunications include Crown Castle International (CCI), SBA Communications (SBAC), BlackBerry (BB), Telephone and Data Systems (TDS), United States Cellular (USM), Boingo Wireless (WIFI) and Spok (SPOK).
View all of SHEN's competitors.

What other stocks do shareholders of Shenandoah Telecommunications own?

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).

Who are Shenandoah Telecommunications' key executives?

Shenandoah Telecommunications' management team includes the following people:

Mr. Christopher E. French, Chairman, Pres & CEO (Age 63, Pay $1.28M)
Mr. James J. Volk CPA, Sr. VP & CFO (Age 57, Pay $346.72k)
Mr. David L. Heimbach, Exec. VP & COO (Age 45, Pay $676.26k)
Mr. William L. Pirtle, Sr. VP of Sales & Marketing (Age 61, Pay $480.98k)
Mr. Edward H. McKay, Sr. VP of Engineering & Operations (Age 48, Pay $429.95k)
Mr. Chase L. Stobbe, VP & Chief Accounting Officer (Age 36)
Ms. Elaine M. Cheng, VP & Chief Information Officer (Age 48)
Mr. Raymond B. Ostroski, VP of Legal, Gen. Counsel & Corp. Sec. (Age 66)
Mr. Thomas A. Whitaker, Sr. VP of Corp. Devel. (Age 60)
Ms. Heather K. Banks, VP & Chief HR Officer (Age 47)

What is Shenandoah Telecommunications' stock symbol?

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

Who are Shenandoah Telecommunications' major shareholders?

Shenandoah Telecommunications' stock is owned by many different institutional and retail investors. Top institutional shareholders include State of Alaska Department of Revenue (0.08%). Company insiders that own Shenandoah Telecommunications stock include Leigh Ann Schultz and Raymond B Ostroski.
View institutional ownership trends for Shenandoah Telecommunications.

Which major investors are selling Shenandoah Telecommunications stock?

SHEN stock was sold 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 or view top insider-selling stocks.

How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Shenandoah Telecommunications' stock price today?

One share of SHEN stock can currently be purchased for approximately $44.29.

How big of a company is Shenandoah Telecommunications?

Shenandoah Telecommunications has a market capitalization of $2.21 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.

What is Shenandoah Telecommunications' official website?

The official website for Shenandoah Telecommunications is www.shentel.com.

How can I contact Shenandoah Telecommunications?

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]

This page was last updated on 1/25/2021 by MarketBeat.com Staff

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