NASDAQ:SHENShenandoah Telecommunications Stock Price, Forecast & News

Shenandoah Telecommunications' stock was trading at $41.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SHEN shares have increased by 19.3% and is now trading at $49.94. 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) issued its quarterly earnings data on Thursday, April, 30th. The utilities provider reported $0.27 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.27. The utilities provider had revenue of $153.19 million for 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. 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 is Wednesday, November 13th. This is an increase from Shenandoah Telecommunications's previous annual dividend of $0.27. View Shenandoah Telecommunications' dividend history.

3 equities research analysts have issued 1-year target prices for Shenandoah Telecommunications' stock. Their forecasts range from $40.00 to $50.00. On average, they expect Shenandoah Telecommunications' share price to reach $44.67 in the next year. This suggests that the stock has a possible downside of 10.6%. View analysts' price targets for Shenandoah Telecommunications.

Media headlines about SHEN stock have trended neutral recently, InfoTrie Sentiment reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Shenandoah Telecommunications earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. 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 number of retail and institutional investors. Top institutional shareholders 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 $49.94.

Shenandoah Telecommunications has a market capitalization of $2.49 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]