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 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 earnings results on Thursday, October, 31st. The utilities provider reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.32 by $0.03. The utilities provider earned $155.15 million during the quarter, compared to the consensus estimate 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 Wednesday, February 26th 2020. View Earnings Estimates for Shenandoah Telecommunications.

Shenandoah Telecommunications will be holding an earnings conference call on Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 analysts have issued 1 year target prices for Shenandoah Telecommunications' stock. Their forecasts range from $44.00 to $52.00. On average, they anticipate Shenandoah Telecommunications' share price to reach $47.67 in the next twelve months. This suggests that the stock has a possible downside of 3.4%. View Analyst Price Targets for Shenandoah Telecommunications.

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.

Headlines about SHEN stock have been trending somewhat positive on Friday, InfoTrie Sentiment reports. The research group ranks the sentiment of media coverage by reviewing 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 news impact score of 2.0 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for Shenandoah Telecommunications.

Shenandoah Telecommunications saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 2,280,000 shares, an increase of 9.1% from the January 15th total of 2,090,000 shares. Based on an average trading volume of 474,700 shares, the days-to-cover ratio is currently 4.8 days. Approximately 4.8% of the company's stock are short sold. View Shenandoah Telecommunications' Current Options Chain.

Some companies that are related to Shenandoah Telecommunications include CROWN CASTLE IN/SH SH (CCI), Sprint (S), SBA Communications (SBAC), 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 a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (3.14%), State Street Corp (2.84%), Geode Capital Management LLC (1.40%), Bank of New York Mellon Corp (1.14%), Mawer Investment Management Ltd. (1.12%) and Principal Financial Group Inc. (0.78%). 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 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., Graves Light Private Wealth Management Inc. and Los Angeles Capital Management & Equity Research Inc.. View Insider Buying and Selling for Shenandoah Telecommunications.

SHEN stock was bought by a variety of institutional investors in the last quarter, including State Street Corp, Principal Financial Group Inc., Bank of New York Mellon Corp, Visionary Wealth Advisors, Public Sector Pension Investment Board, Rhumbline Advisers, State of New Jersey Common Pension Fund D and Great West Life Assurance Co. Can. 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 $49.36.

Shenandoah Telecommunications has a market capitalization of $2.46 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]