What is Zacks Research’s Forecast for TDS FY2026 Earnings?

Telephone and Data Systems, Inc. (NYSE:TDS) – Investment analysts at Zacks Research increased their FY2026 earnings estimates for Telephone and Data Systems in a report issued on Monday, October 21st. Zacks Research analyst R. Department now expects that the Wireless communications provider will earn $0.04 per share for the year, up from their prior estimate of ($0.01). The consensus estimate for Telephone and Data Systems’ current full-year earnings is ($0.44) per share.

Telephone and Data Systems Stock Performance

Shares of Telephone and Data Systems stock opened at $27.82 on Wednesday. The company has a quick ratio of 1.37, a current ratio of 1.51 and a debt-to-equity ratio of 0.84. The firm’s 50 day moving average is $23.47 and its two-hundred day moving average is $20.67. Telephone and Data Systems has a 52 week low of $13.69 and a 52 week high of $30.44. The firm has a market capitalization of $3.14 billion, a P/E ratio of -5.76 and a beta of 0.81.

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

Institutional Investors Weigh In On Telephone and Data Systems

A number of hedge funds and other institutional investors have recently bought and sold shares of TDS. Vanguard Group Inc. lifted its holdings in Telephone and Data Systems by 4.8% in the fourth quarter. Vanguard Group Inc. now owns 12,248,615 shares of the Wireless communications provider’s stock valued at $224,762,000 after acquiring an additional 565,371 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Telephone and Data Systems by 9.2% in the second quarter. Dimensional Fund Advisors LP now owns 6,018,541 shares of the Wireless communications provider’s stock valued at $124,761,000 after acquiring an additional 507,512 shares during the period. Millennium Management LLC lifted its holdings in Telephone and Data Systems by 34.0% in the second quarter. Millennium Management LLC now owns 1,950,298 shares of the Wireless communications provider’s stock valued at $40,430,000 after acquiring an additional 495,189 shares during the period. Point72 Asset Management L.P. purchased a new position in shares of Telephone and Data Systems in the second quarter valued at $7,680,000. Finally, American Century Companies Inc. increased its position in shares of Telephone and Data Systems by 8.4% in the second quarter. American Century Companies Inc. now owns 2,655,980 shares of the Wireless communications provider’s stock valued at $55,058,000 after buying an additional 206,819 shares in the last quarter. Institutional investors and hedge funds own 80.00% of the company’s stock.

Telephone and Data Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.58%. The ex-dividend date was Monday, September 16th. Telephone and Data Systems’s dividend payout ratio (DPR) is currently -3.31%.

About Telephone and Data Systems

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.