Telephone and Data Systems (TDS) Stock Forecast, Price & News

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telephone and Data Systems in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TDS shares.
View TDS analyst ratings or view top-rated stocks.

4 equities research analysts have issued 1 year price objectives for Telephone and Data Systems' stock. Their TDS share price forecasts range from $18.00 to $38.00. On average, they expect the company's share price to reach $26.33 in the next year. This suggests a possible upside of 52.1% from the stock's current price.
View analysts price targets for TDS or view top-rated stocks among Wall Street analysts.

Telephone and Data Systems' stock was trading at $10.49 at the beginning of the year. Since then, TDS stock has increased by 65.0% and is now trading at $17.31.
View the best growth stocks for 2023 here.

Telephone and Data Systems saw a increase in short interest in September. As of September 15th, there was short interest totaling 5,090,000 shares, an increase of 27.9% from the August 31st total of 3,980,000 shares. Based on an average trading volume of 2,440,000 shares, the days-to-cover ratio is currently 2.1 days. Approximately 5.2% of the company's stock are short sold.
View Telephone and Data Systems' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our TDS earnings forecast.

Telephone and Data Systems, Inc. (NYSE:TDS) issued its earnings results on Friday, August, 4th. The Wireless communications provider reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.04) by $0.13. The Wireless communications provider earned $1.27 billion during the quarter, compared to analyst estimates of $1.29 billion. Telephone and Data Systems had a negative net margin of 0.53% and a negative trailing twelve-month return on equity of 0.51%. The business's revenue was down 6.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.15 EPS.

Telephone and Data Systems declared a quarterly dividend on Friday, August 11th. Shareholders of record on Friday, September 15th will be given a dividend of $0.185 per share on Friday, September 29th. This represents a $0.74 annualized dividend and a dividend yield of 4.27%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for TDS.

ETFs with the largest weight of Telephone and Data Systems (NYSE:TDS) stock in their portfolio include Invesco High Yield Equity Dividend Achievers ETF (PEY), SPDR S&P Telecom ETF (XTL), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), First Trust Small Cap Value AlphaDEX Fund (FYT), ProShares Russell 2000 Dividend Growers ETF (SMDV), Invesco S&P SmallCap 600 Pure Value ETF (RZV) and First Trust Small Cap Core AlphaDEX Fund (FYX).

Telephone and Data Systems (NYSE:TDS) pays an annual dividend of $0.74 per share and currently has a dividend yield of 4.02%. TDS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for TDS.

38 employees have rated Telephone and Data Systems Chief Executive Officer LeRoy T. Carlson Jr. on Glassdoor.com. LeRoy T. Carlson Jr. has an approval rating of 72% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Telephone and Data Systems investors own include AT&T (T), NVIDIA (NVDA), Pfizer (PFE), Intel (INTC), Energy Transfer (ET), Micron Technology (MU), QUALCOMM (QCOM), Cisco Systems (CSCO), Johnson & Johnson (JNJ) and Advanced Micro Devices (AMD).

Telephone and Data Systems trades on the New York Stock Exchange (NYSE) under the ticker symbol "TDS."

Shares of TDS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TDS stock can currently be purchased for approximately $17.31.

Telephone and Data Systems (NYSE:TDS) has a market capitalization of $1.95 billion and generates $5.32 billion in revenue each year. The Wireless communications provider earns $62 million in net income (profit) each year or ($0.85) on an earnings per share basis.

The company employs 9,300 workers across the globe.

Telephone and Data Systems' mailing address is 30 NORTH LASALLE STREET SUITE 4000, CHICAGO IL, 60602. The official website for the company is www.tdsinc.com. The Wireless communications provider can be reached via phone at (312) 630-1900, via email at julie.mathews@tdsinc.com, or via fax at 608-830-5618.