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

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Telephone and Data Systems in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street equities research 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 brokerages have issued 1 year price targets for Telephone and Data Systems' stock. Their TDS share price forecasts range from $14.00 to $25.00. On average, they predict the company's share price to reach $20.33 in the next twelve months. This suggests a possible upside of 97.6% 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 $20.15 at the beginning of the year. Since then, TDS shares have decreased by 48.9% and is now trading at $10.29.
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Telephone and Data Systems saw a increase in short interest in October. As of October 31st, there was short interest totaling 4,260,000 shares, an increase of 19.0% from the October 15th total of 3,580,000 shares. Based on an average daily volume of 1,070,000 shares, the days-to-cover ratio is currently 4.0 days. Approximately 4.3% 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, February 16th 2023.
View our TDS earnings forecast.

Telephone and Data Systems, Inc. (NYSE:TDS) released its quarterly earnings results on Thursday, November, 4th. The Wireless communications provider reported $0.24 earnings per share for the quarter, missing analysts' consensus estimates of $0.27 by $0.03. The Wireless communications provider had revenue of $1.33 billion for the quarter, compared to analyst estimates of $1.34 billion. Telephone and Data Systems had a trailing twelve-month return on equity of 2.10% and a net margin of 2.19%. During the same quarter in the previous year, the firm earned $0.66 EPS.

Telephone and Data Systems declared a quarterly dividend on Friday, November 18th. Investors of record on Thursday, December 15th will be paid a dividend of $0.18 per share on Friday, December 30th. This represents a $0.72 annualized dividend and a yield of 7.00%. The ex-dividend date is Wednesday, December 14th.
Read our dividend analysis for TDS.

Telephone and Data Systems (NYSE:TDS) pays an annual dividend of $0.72 per share and currently has a dividend yield of 7.00%. TDS has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 47 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 175.61%. Payout ratios above 75% are not desirable because they may not be sustainable.
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 many different institutional and retail investors. Top institutional shareholders include State Street Corp (18.05%), BlackRock Inc. (14.51%), Vanguard Group Inc. (10.47%), Dimensional Fund Advisors LP (6.07%), Private Management Group Inc. (2.44%) and Gabelli Funds LLC (2.05%). Insiders that own company stock include Clarence A Davis, Gary L Sugarman, Joseph R Hanley and Kurt B Thaus.
View institutional ownership trends.

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 $10.29.

Telephone and Data Systems (NYSE:TDS) has a market capitalization of $1.17 billion and generates $5.33 billion in revenue each year. The Wireless communications provider earns $156 million in net income (profit) each year or $0.41 on an earnings per share basis.

The company employs 8,800 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.