Telecom Argentina - TEO Stock Forecast, Price & News

Telecom Argentina's stock was trading at $5.10 at the beginning of the year. Since then, TEO stock has decreased by 10.6% and is now trading at $4.56.
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Telecom Argentina saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 719,400 shares, an increase of 42.4% from the October 31st total of 505,100 shares. Based on an average trading volume of 107,400 shares, the days-to-cover ratio is presently 6.7 days. Approximately 0.6% of the company's stock are sold short.
View Telecom Argentina's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 8th 2023.
View our TEO earnings forecast.

Telecom Argentina S.A. (NYSE:TEO) issued its earnings results on Wednesday, November, 9th. The utilities provider reported ($0.67) earnings per share for the quarter, missing analysts' consensus estimates of ($0.21) by $0.46. The utilities provider had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.33 billion. Telecom Argentina had a negative net margin of 23.76% and a positive trailing twelve-month return on equity of 1.41%.

Telecom Argentina announced a -- dividend on Thursday, June 16th. Shareholders of record on Monday, June 27th will be paid a dividend of $0.3139 per share on Tuesday, July 5th. This represents a yield of 26%. The ex-dividend date is Friday, June 24th.
Read our dividend analysis for TEO.

59 employees have rated Telecom Argentina Chief Executive Officer Roberto Nobile on Glassdoor.com. Roberto Nobile has an approval rating of 95% among the company's employees. This puts Roberto Nobile in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Telecom Argentina investors own include United Parcel Service (UPS), Bank of America (BAC), Hello Group (MOMO), Alibaba Group (BABA), Intelsat (I), Intel (INTC), Pfizer (PFE), AT&T (T), Wells Fargo & Company (WFC) and Fossil Group (FOSL).

Telecom Argentina trades on the New York Stock Exchange (NYSE) under the ticker symbol "TEO."

Telecom Argentina's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Marshall Wace LLP (0.02%), Citadel Advisors LLC (0.02%), BNP Paribas Arbitrage SNC (0.01%), Jump Financial LLC (0.00%), Renaissance Technologies LLC (0.00%) and Tower Research Capital LLC TRC (0.00%).

Shares of TEO 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 TEO stock can currently be purchased for approximately $4.56.

Telecom Argentina (NYSE:TEO) has a market capitalization of $1.96 billion and generates $4.47 billion in revenue each year. The utilities provider earns $90.98 million in net income (profit) each year or ($2.64) on an earnings per share basis.

The company employs 22,587 workers across the globe.

Telecom Argentina's mailing address is ALICIA MOREAU DE JUSTO 50, BUENOS AIRES C1, C1107AAB. The official website for the company is hogares.telecom.com.ar. The utilities provider can be reached via phone at 541149684019 or via fax at 54-11-4313-9801.