Telephone and Data Systems, Inc. (NYSE:TDS – Free Report) – Analysts at Zacks Research increased their FY2026 earnings estimates for shares of Telephone and Data Systems in a research note issued to investors on Monday, October 21st. Zacks Research analyst R. Department now forecasts that the Wireless communications provider will post earnings of $0.04 per share for the year, up from their prior 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 Price Performance
TDS stock opened at $28.22 on Wednesday. Telephone and Data Systems has a 12 month low of $13.69 and a 12 month high of $30.44. The company has a current ratio of 1.51, a quick ratio of 1.37 and a debt-to-equity ratio of 0.84. The company has a 50-day moving average price of $23.63 and a 200 day moving average price of $20.73. The stock has a market cap of $3.19 billion, a PE ratio of -5.84 and a beta of 0.81.
Hedge Funds Weigh In On Telephone and Data Systems
A number of large investors have recently made changes to their positions in the company. Blue Trust Inc. boosted its position in Telephone and Data Systems by 4,082.9% in the 2nd quarter. Blue Trust Inc. now owns 1,715 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 1,674 shares during the period. Quarry LP purchased a new stake in Telephone and Data Systems in the 2nd quarter valued at about $40,000. CWM LLC boosted its position in Telephone and Data Systems by 57.0% in the 2nd quarter. CWM LLC now owns 3,939 shares of the Wireless communications provider’s stock valued at $82,000 after buying an additional 1,430 shares during the period. Neo Ivy Capital Management purchased a new stake in Telephone and Data Systems in the 2nd quarter valued at about $88,000. Finally, Natixis purchased a new stake in Telephone and Data Systems in the 1st quarter valued at about $96,000. 80.00% of the stock is owned by hedge funds and other institutional investors.
Telephone and Data Systems Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were paid a dividend of $0.04 per share. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.57%. Telephone and Data Systems’s dividend payout ratio 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.
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