Zacks Research Brokers Raise Earnings Estimates for TDS

Telephone and Data Systems, Inc. (NYSE:TDS) – Zacks Research increased their Q2 2026 earnings per share estimates for Telephone and Data Systems in a research note issued to investors on Monday, October 21st. Zacks Research analyst R. Department now anticipates that the Wireless communications provider will post earnings per share of $0.04 for the quarter, up from their prior forecast of $0.03. The consensus estimate for Telephone and Data Systems’ current full-year earnings is ($0.44) per share. Zacks Research also issued estimates for Telephone and Data Systems’ Q3 2026 earnings at $0.01 EPS.

Telephone and Data Systems Price Performance

NYSE TDS opened at $27.43 on Tuesday. Telephone and Data Systems has a 12-month low of $13.69 and a 12-month high of $30.44. The firm’s fifty day simple moving average is $23.33 and its two-hundred day simple moving average is $20.62. The company has a current ratio of 1.51, a quick ratio of 1.37 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $3.10 billion, a P/E ratio of -5.68 and a beta of 0.81.

Telephone and Data Systems (NYSE:TDS) last released its quarterly earnings results on Friday, August 2nd. The Wireless communications provider reported ($0.13) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.13). Telephone and Data Systems had a negative net margin of 9.31% and a positive return on equity of 0.73%. The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.24 billion. During the same period last year, the business earned ($0.17) EPS. The company’s revenue was down 2.3% compared to the same quarter last year.

Telephone and Data Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend was Monday, September 16th. Telephone and Data Systems’s dividend payout ratio is currently -3.31%.

Institutional Investors Weigh In On Telephone and Data Systems

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of Telephone and Data Systems by 4.8% in the 4th quarter. Vanguard Group Inc. now owns 12,248,615 shares of the Wireless communications provider’s stock valued at $224,762,000 after purchasing an additional 565,371 shares during the last quarter. Diversified Trust Co lifted its stake in shares of Telephone and Data Systems by 4.5% during the first quarter. Diversified Trust Co now owns 29,359 shares of the Wireless communications provider’s stock worth $470,000 after buying an additional 1,277 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of Telephone and Data Systems by 26.1% during the first quarter. BNP Paribas Financial Markets now owns 86,106 shares of the Wireless communications provider’s stock valued at $1,379,000 after buying an additional 17,825 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in shares of Telephone and Data Systems in the 1st quarter valued at $423,000. Finally, Texas Permanent School Fund Corp raised its stake in Telephone and Data Systems by 1.4% in the 1st quarter. Texas Permanent School Fund Corp now owns 86,276 shares of the Wireless communications provider’s stock worth $1,382,000 after acquiring an additional 1,154 shares during the last quarter. Institutional investors and hedge funds own 80.00% of the company’s stock.

Telephone and Data Systems Company Profile

Telephone and Data Systems, Inc, a telecommunications company, provides communications services in the United States. It operates through two segments: UScellular and TDS Telecom. The company offers wireless solutions to consumers, and business and government customers, including a suite of connected Internet of things (IoT) solutions, and software applications for monitor and control, business automation/operations, communication, fleet and asset management, smart water solutions, private cellular networks and custom, and end-to-end IoT solutions; wireless priority services and quality priority and preemption options; smartphones and other handsets, tablets, wearables, mobile hotspots, fixed wireless home internet, and IoT devices; and accessories, such as cases, screen protectors, chargers, and memory cards, as well as consumer electronics, including audio, home automation and networking products.