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 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.

Shenandoah Telecommunications (NASDAQ:SHEN) announced its quarterly earnings results on Thursday, October, 31st. The utilities provider reported $0.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters' 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 return on equity of 12.28% and a net margin of 8.87%. 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.

3 brokers have issued 12-month price objectives for Shenandoah Telecommunications' shares. Their forecasts range from $44.00 to $52.00. On average, they anticipate Shenandoah Telecommunications' stock 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.

News headlines about SHEN stock have been trending negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Shenandoah Telecommunications earned a media sentiment score of -2.0 on InfoTrie's scale. They also assigned news stories about the utilities provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the next several days. View News Stories for Shenandoah Telecommunications.

Shenandoah Telecommunications saw a increase in short interest in 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 daily trading volume, of 474,700 shares, the days-to-cover ratio is presently 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 institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (3.14%), State Street Corp (2.84%), Bank of New York Mellon Corp (1.14%), Mawer Investment Management Ltd. (1.12%), Principal Financial Group Inc. (0.78%) and Charles Schwab Investment Management Inc. (0.73%). 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 acquired 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 $49.34.

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]