Zacks Research Brokers Reduce Earnings Estimates for TDS

Telephone and Data Systems, Inc. (NYSE:TDS) – Zacks Research lowered their Q4 2026 EPS estimates for Telephone and Data Systems in a research note issued on Monday, January 6th. Zacks Research analyst R. Department now forecasts that the Wireless communications provider will post earnings per share of ($0.16) for the quarter, down from their previous estimate of ($0.15). The consensus estimate for Telephone and Data Systems’ current full-year earnings is ($0.31) per share.

Telephone and Data Systems (NYSE:TDS) last issued its quarterly earnings data on Friday, November 1st. The Wireless communications provider reported $0.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.19. Telephone and Data Systems had a positive return on equity of 1.12% and a negative net margin of 10.72%. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.24 billion. During the same period last year, the business earned ($0.16) earnings per share. The business’s revenue was down 4.2% on a year-over-year basis.

Other research analysts have also recently issued research reports about the stock. Raymond James upgraded shares of Telephone and Data Systems from a “market perform” rating to an “outperform” rating and set a $51.00 price objective for the company in a research report on Thursday, November 7th. JPMorgan Chase & Co. lifted their target price on Telephone and Data Systems from $39.00 to $40.00 and gave the company an “overweight” rating in a research note on Monday, November 4th.

Telephone and Data Systems Trading Up 2.1 %

Shares of TDS opened at $33.39 on Thursday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.44 and a current ratio of 1.59. The company has a market cap of $3.77 billion, a price-to-earnings ratio of -6.18 and a beta of 0.81. The stock has a fifty day moving average price of $33.13 and a two-hundred day moving average price of $26.31. Telephone and Data Systems has a 52-week low of $13.69 and a 52-week high of $35.39.

Telephone and Data Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.48%. The ex-dividend date was Monday, December 16th. Telephone and Data Systems’s dividend payout ratio (DPR) is currently -2.96%.

Institutional Trading of Telephone and Data Systems

Hedge funds and other institutional investors have recently modified their holdings of the stock. Quarry LP acquired a new position in shares of Telephone and Data Systems during the 2nd quarter worth approximately $40,000. Versant Capital Management Inc raised its position in shares of Telephone and Data Systems by 14.5% in the fourth quarter. Versant Capital Management Inc now owns 2,395 shares of the Wireless communications provider’s stock valued at $82,000 after purchasing an additional 303 shares during the period. CWM LLC lifted its stake in shares of Telephone and Data Systems by 26.8% during the 3rd quarter. CWM LLC now owns 4,995 shares of the Wireless communications provider’s stock worth $116,000 after buying an additional 1,056 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Telephone and Data Systems by 10.2% during the 3rd quarter. GAMMA Investing LLC now owns 5,302 shares of the Wireless communications provider’s stock worth $123,000 after buying an additional 490 shares during the period. Finally, Headlands Technologies LLC grew its stake in Telephone and Data Systems by 328.9% in the 2nd quarter. Headlands Technologies LLC now owns 5,974 shares of the Wireless communications provider’s stock valued at $124,000 after buying an additional 4,581 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.