T-Mobile US, Inc. (NASDAQ:TMUS – Get Free Report)’s stock price gapped up before the market opened on Wednesday after the company announced better than expected quarterly earnings. The stock had previously closed at $221.14, but opened at $238.00. T-Mobile US shares last traded at $240.07, with a volume of 1,815,254 shares changing hands.
The Wireless communications provider reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%.
T-Mobile US Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be issued a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a yield of 1.50%. T-Mobile US’s payout ratio is 40.14%.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on T-Mobile US
Insider Activity at T-Mobile US
In other T-Mobile US news, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $224.30, for a total value of $24,673,000.00. Following the sale, the director now owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. This represents a 7.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the transaction, the director now owns 5,653 shares of the company’s stock, valued at $1,306,295.24. The trade was a 16.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 144,200 shares of company stock worth $32,736,303 in the last 90 days. Company insiders own 0.67% of the company’s stock.
Institutional Trading of T-Mobile US
Institutional investors and hedge funds have recently modified their holdings of the business. JSF Financial LLC grew its position in T-Mobile US by 0.9% in the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock worth $1,117,000 after purchasing an additional 44 shares during the period. KPP Advisory Services LLC increased its stake in T-Mobile US by 2.6% in the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after buying an additional 45 shares in the last quarter. DT Investment Partners LLC raised its stake in T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares during the period. D Orazio & Associates Inc. lifted its holdings in shares of T-Mobile US by 3.7% in the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock worth $290,000 after buying an additional 47 shares in the last quarter. Finally, Warren Street Wealth Advisors LLC boosted its holdings in shares of T-Mobile US by 4.3% during the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock valued at $252,000 after purchasing an additional 47 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.
T-Mobile US Price Performance
The firm has a market cap of $271.98 billion, a PE ratio of 26.72, a PEG ratio of 1.08 and a beta of 0.56. The firm has a fifty day simple moving average of $226.37 and a two-hundred day simple moving average of $212.82. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08.
About T-Mobile US
T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.
Read More
- Five stocks we like better than T-Mobile US
- What Are Dividend Achievers? An Introduction
- How Growth Investors Find High-Growth Stocks and Maximize Returns
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Meta’s AI & Smart Glasses Could Drive 20%+ Upside in 2025
- Canada Bond Market Holiday: How to Invest and Trade
- NVIDIA’s Slide Continues: Can Retail Investors Stop the Fall?
Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.