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

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

Shenandoah Telecommunications declared an annual dividend on Wednesday, October 30th. Stockholders 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 is Wednesday, November 13th. This is an increase from Shenandoah Telecommunications's previous annual dividend of $0.27. View Shenandoah Telecommunications' Dividend History.

Shenandoah Telecommunications (NASDAQ:SHEN) issued its quarterly earnings data on Thursday, October, 31st. The utilities provider reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.32 by $0.03. The utilities provider had revenue of $155.15 million for 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 Thursday, February 27th 2020. View Earnings Estimates for Shenandoah Telecommunications.

4 brokers have issued 12 month price objectives 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 year. This suggests a possible upside of 10.6% 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.

Press coverage about SHEN stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Shenandoah Telecommunications earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. 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 investors 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 acquired 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 and Nisa Investment Advisors LLC. 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 $43.09.

Shenandoah Telecommunications has a market capitalization of $2.15 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]