Zacks Research Issues Positive Estimate for TDS Earnings

Telephone and Data Systems, Inc. (NYSE:TDS) – Zacks Research raised their Q2 2026 EPS estimates for Telephone and Data Systems in a report issued on Wednesday, January 22nd. Zacks Research analyst R. Department now anticipates that the Wireless communications provider will post earnings per share of $0.06 for the quarter, up from their prior forecast of $0.03. The consensus estimate for Telephone and Data Systems’ current full-year earnings is ($0.31) 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 EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.19. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.24 billion. Telephone and Data Systems had a negative net margin of 10.72% and a positive return on equity of 1.12%. The firm’s revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.16) EPS.

TDS has been the topic of a number of other reports. JPMorgan Chase & Co. lifted their target price on Telephone and Data Systems from $39.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Raymond James raised Telephone and Data Systems from a “market perform” rating to an “outperform” rating and set a $51.00 target price for the company in a research report on Thursday, November 7th.

Telephone and Data Systems Price Performance

TDS opened at $35.99 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’s 50-day moving average price is $34.12 and its 200 day moving average price is $27.46. Telephone and Data Systems has a fifty-two week low of $13.69 and a fifty-two week high of $36.53. The firm has a market cap of $4.07 billion, a price-to-earnings ratio of -6.66 and a beta of 0.81.

Institutional Investors Weigh In On Telephone and Data Systems

A number of institutional investors have recently made changes to their positions in the stock. Versant Capital Management Inc boosted its position in Telephone and Data Systems by 14.5% during the 4th quarter. Versant Capital Management Inc now owns 2,395 shares of the Wireless communications provider’s stock worth $82,000 after acquiring an additional 303 shares during the last quarter. GAMMA Investing LLC raised its holdings in Telephone and Data Systems by 8.3% during the fourth quarter. GAMMA Investing LLC now owns 5,742 shares of the Wireless communications provider’s stock worth $196,000 after acquiring an additional 440 shares in the last quarter. Aigen Investment Management LP grew its stake in Telephone and Data Systems by 5.3% in the third quarter. Aigen Investment Management LP now owns 13,589 shares of the Wireless communications provider’s stock valued at $316,000 after purchasing an additional 685 shares in the last quarter. Quarry LP increased its position in shares of Telephone and Data Systems by 35.5% during the 3rd quarter. Quarry LP now owns 2,643 shares of the Wireless communications provider’s stock worth $61,000 after purchasing an additional 692 shares during the last quarter. Finally, Diversified Trust Co raised its stake in shares of Telephone and Data Systems by 2.5% during the 3rd quarter. Diversified Trust Co now owns 31,770 shares of the Wireless communications provider’s stock worth $739,000 after purchasing an additional 771 shares in the last quarter. 80.00% of the stock is owned by institutional investors and hedge funds.

Telephone and Data Systems Dividend Announcement

The business 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. This represents a $0.16 annualized dividend and a yield of 0.44%. The ex-dividend date was Monday, December 16th. Telephone and Data Systems’s dividend payout ratio (DPR) is presently -2.96%.

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.