Telephone and Data Systems - TDS Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Telephone and Data Systems in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" TDS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TDS, but not buy additional shares or sell existing shares.
View TDS analyst ratings or view top-rated stocks.

3 equities research analysts have issued twelve-month price targets for Telephone and Data Systems' stock. Their TDS share price forecasts range from $14.00 to $16.00. On average, they anticipate the company's share price to reach $15.00 in the next year. This suggests a possible upside of 53.8% 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 on January 1st, 2023. Since then, TDS stock has decreased by 7.1% and is now trading at $9.75.
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Telephone and Data Systems saw a decrease in short interest in February. As of February 15th, there was short interest totaling 3,790,000 shares, a decrease of 44.8% from the January 31st total of 6,860,000 shares. Based on an average daily trading volume, of 2,530,000 shares, the days-to-cover ratio is presently 1.5 days. Approximately 3.8% of the company's shares are sold short.
View Telephone and Data Systems' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our TDS earnings forecast.

Telephone and Data Systems, Inc. (NYSE:TDS) issued its quarterly earnings results on Friday, February, 17th. The Wireless communications provider reported ($0.38) EPS for the quarter, hitting the consensus estimate of ($0.38). The Wireless communications provider earned $1.36 billion during the quarter, compared to analyst estimates of $1.39 billion. Telephone and Data Systems had a trailing twelve-month return on equity of 1.10% and a net margin of 1.15%. During the same quarter in the prior year, the business earned $0.11 EPS.

Telephone and Data Systems announced a quarterly dividend on Thursday, February 16th. Investors of record on Wednesday, March 15th will be given a dividend of $0.185 per share on Friday, March 31st. This represents a $0.74 annualized dividend and a dividend yield of 7.59%. The ex-dividend date of this dividend is Tuesday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.18.
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 Utilities & Communication Services ETF (PSCU), Invesco S&P SmallCap High Dividend Low Volatility ETF (XSHD), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap 600 Pure Value ETF (RZV), ProShares Russell 2000 Dividend Growers ETF (SMDV) and ETC 6 Meridian Small Cap Equity ETF (SIXS).

Telephone and Data Systems (NYSE:TDS) pays an annual dividend of $0.74 per share and currently has a dividend yield of 7.23%. 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."

Telephone and Data Systems' stock is owned by a number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (6.03%), Private Management Group Inc. (2.90%), Gabelli Funds LLC (2.13%), Geode Capital Management LLC (1.61%), Millennium Management LLC (1.43%) and Gamco Investors INC. ET AL (1.41%). Insiders that own company stock include Clarence A Davis, Gary L Sugarman, Joseph R Hanley and Kurt B Thaus.
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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 $9.75.

Telephone and Data Systems (NYSE:TDS) has a market capitalization of $1.10 billion and generates $5.41 billion in revenue each year. The Wireless communications provider earns $62 million in net income (profit) each year or ($0.08) 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.