Telephone and Data Systems (TDS) to Release Earnings on Friday

Telephone and Data Systems (NYSE:TDS) is projected to release its earnings data before the market opens on Friday, February 21st. Analysts expect Telephone and Data Systems to post earnings of ($0.32) per share and revenue of $1.23 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Telephone and Data Systems Price Performance

Shares of NYSE:TDS opened at $38.39 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.59 and a debt-to-equity ratio of 0.85. The company has a market cap of $4.34 billion, a P/E ratio of -7.11 and a beta of 0.80. Telephone and Data Systems has a 52 week low of $13.69 and a 52 week high of $38.57. The company has a 50-day moving average price of $34.90 and a 200 day moving average price of $28.89.

Telephone and Data Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were given a $0.04 dividend. The ex-dividend date of this dividend was Monday, December 16th. This represents a $0.16 dividend on an annualized basis and a yield of 0.42%. Telephone and Data Systems’s payout ratio is currently -2.96%.

Analysts Set New Price Targets

A number of brokerages recently commented on TDS. 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. raised their price objective on shares of Telephone and Data Systems from $39.00 to $40.00 and gave the company an “overweight” rating in a research report on Monday, November 4th.

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.