Zacks Research Analysts Boost Earnings Estimates for Telephone and Data Systems, Inc. (NYSE:TDS)

Telephone and Data Systems, Inc. (NYSE:TDS) – Analysts at Zacks Research boosted their Q1 2026 EPS estimates for Telephone and Data Systems in a report released on Wednesday, October 9th. Zacks Research analyst R. Department now expects that the Wireless communications provider will post earnings of $0.01 per share for the quarter, up from their previous 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 Up 1.2 %

TDS stock opened at $23.13 on Monday. The company’s 50 day simple moving average is $22.46 and its 200-day simple moving average is $20.08. Telephone and Data Systems has a 52-week low of $13.69 and a 52-week high of $24.92. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.51 and a quick ratio of 1.37. The firm has a market capitalization of $2.61 billion, a P/E ratio of -4.79 and a beta of 0.81.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Telephone and Data Systems by 2.6% in the first quarter. Vanguard Group Inc. now owns 12,569,591 shares of the Wireless communications provider’s stock worth $201,365,000 after purchasing an additional 320,976 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Telephone and Data Systems by 9.2% during the 2nd 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 in the last quarter. American Century Companies Inc. raised its holdings in shares of Telephone and Data Systems by 8.4% during the second quarter. American Century Companies Inc. now owns 2,655,980 shares of the Wireless communications provider’s stock worth $55,058,000 after acquiring an additional 206,819 shares in the last quarter. Gamco Investors INC. ET AL boosted its position in Telephone and Data Systems by 4.4% during the first quarter. Gamco Investors INC. ET AL now owns 2,092,042 shares of the Wireless communications provider’s stock valued at $33,515,000 after purchasing an additional 88,994 shares during the last quarter. Finally, Millennium Management LLC increased its position in Telephone and Data Systems by 34.0% in the 2nd quarter. Millennium Management LLC now owns 1,950,298 shares of the Wireless communications provider’s stock worth $40,430,000 after purchasing an additional 495,189 shares during the last quarter. 80.00% of the stock is owned by institutional investors and hedge funds.

Telephone and Data Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 16th were given a $0.04 dividend. The ex-dividend date was Monday, September 16th. This represents a $0.16 annualized dividend and a dividend yield of 0.69%. Telephone and Data Systems’s dividend payout ratio (DPR) is presently -3.31%.

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.