NASDAQ:TESS - TESSCO Technologies Stock Price, Forecast & News

TESSCO Technologies trades on the NASDAQ under the ticker symbol "TESS."

TESSCO Technologies declared a quarterly dividend on Monday, January 27th. Stockholders of record on Wednesday, February 12th will be paid a dividend of $0.02 per share on Wednesday, February 26th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.21%. The ex-dividend date of this dividend is Tuesday, February 11th. View TESSCO Technologies' Dividend History.

TESSCO Technologies, Inc. (NASDAQ:TESS) released its earnings results on Monday, May, 7th. The communications equipment provider reported $0.07 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by $0.13. The communications equipment provider earned $148.92 million during the quarter. TESSCO Technologies had a negative return on equity of 0.71% and a negative net margin of 1.26%. View TESSCO Technologies' Earnings History.

TESSCO Technologies is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for TESSCO Technologies.

Media stories about TESS stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TESSCO Technologies earned a news sentiment score of -3.0 on InfoTrie's scale. They also assigned news headlines about the communications equipment provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for TESSCO Technologies.

TESSCO Technologies saw a increase in short interest during the month of January. As of January 31st, there was short interest totalling 117,800 shares, an increase of 68.3% from the January 15th total of 70,000 shares. Based on an average trading volume of 56,300 shares, the days-to-cover ratio is presently 2.1 days. Approximately 1.8% of the company's stock are sold short. View TESSCO Technologies' Current Options Chain.

Some companies that are related to TESSCO Technologies include Cisco Systems (CSCO), QUALCOMM (QCOM), Motorola Solutions (MSI), Palo Alto Networks (PANW), F5 Networks (FFIV), Juniper Networks (JNPR), Ciena (CIEN), Echostar (SATS), ViaSat (VSAT), Finisar (FNSR), InterDigital Wireless (IDCC), Infinera (INFN), Comtech Telecomm. (CMTL), Extreme Networks (EXTR) and NetGear (NTGR).

Based on aggregate information from My MarketBeat watchlists, some companies that other TESSCO Technologies investors own include Energy Transfer LP Unit (ET), Martin Midstream Partners (MMLP), Ford Motor (F), AT&T (T), CBL & Associates Properties (CBL), Medley Capital (MCC), NGL Energy Partners (NGL), SandRidge Permian Trust (PER), Capitala Finance (CPTA) and Garrison Capital (GARS).

TESSCO Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Capital Management Corp VA (7.76%), Renaissance Technologies LLC (5.70%), Tieton Capital Management LLC (4.77%), State Street Corp (1.28%), Geode Capital Management LLC (1.12%) and Moors & Cabot Inc. (1.07%). Company insiders that own TESSCO Technologies stock include Charles Kriete and Robert B Barnhill Jr. View Institutional Ownership Trends for TESSCO Technologies.

TESS stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Capital Management Corp VA, Acadian Asset Management LLC, Geode Capital Management LLC and Charles Schwab Investment Management Inc.. View Insider Buying and Selling for TESSCO Technologies.

TESS stock was bought by a variety of institutional investors in the last quarter, including Tieton Capital Management LLC, Trexquant Investment LP, Strs Ohio, Zebra Capital Management LLC, Wedge Capital Management L L P NC, Goldman Sachs Group Inc., Renaissance Technologies LLC and State Street Corp. View Insider Buying and Selling for TESSCO Technologies.

Shares of TESS 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 TESS stock can currently be purchased for approximately $6.62.

TESSCO Technologies has a market capitalization of $56.60 million and generates $606.81 million in revenue each year. The communications equipment provider earns $5.55 million in net income (profit) each year or $0.65 on an earnings per share basis. TESSCO Technologies employs 768 workers across the globe.View Additional Information About TESSCO Technologies.

The official website for TESSCO Technologies is http://www.tessco.com/.

TESSCO Technologies' mailing address is 11126 McCormick Road, Hunt Valley MD, 21031. The communications equipment provider can be reached via phone at 410-229-1000 or via email at [email protected]