News headlines about Telephone and Data Systems (NYSE:TDS) have trended somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Telephone and Data Systems earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave media stories about the Wireless communications provider an impact score of 46.8007164242869 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
A number of brokerages have recently commented on TDS. Zacks Investment Research cut shares of Telephone and Data Systems from a “buy” rating to a “hold” rating in a research report on Tuesday, October 24th. Drexel Hamilton upgraded shares of Telephone and Data Systems from a “hold” rating to a “buy” rating in a research report on Thursday, November 9th. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $29.00.
Telephone and Data Systems (TDS) traded up $0.13 during trading on Friday, reaching $26.59. 389,000 shares of the company traded hands, compared to its average volume of 682,461. Telephone and Data Systems has a 52-week low of $24.57 and a 52-week high of $32.97. The firm has a market capitalization of $2,965.92, a PE ratio of 59.38 and a beta of 0.98. The company has a current ratio of 2.42, a quick ratio of 2.29 and a debt-to-equity ratio of 0.54.
Telephone and Data Systems (NYSE:TDS) last released its quarterly earnings data on Wednesday, November 8th. The Wireless communications provider reported $0.08 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.17 by ($0.09). Telephone and Data Systems had a positive return on equity of 1.08% and a negative net margin of 2.77%. The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same quarter in the previous year, the business posted $0.11 earnings per share. Telephone and Data Systems’s revenue for the quarter was down 4.8% on a year-over-year basis. research analysts anticipate that Telephone and Data Systems will post -1.27 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 28th. Investors of record on Friday, December 15th will be given a dividend of $0.155 per share. This represents a $0.62 annualized dividend and a yield of 2.33%. The ex-dividend date is Thursday, December 14th. Telephone and Data Systems’s payout ratio is currently -48.82%.
About Telephone and Data Systems
Telephone and Data Systems, Inc is a diversified telecommunications company. The Company is engaged in conducting its Wireless operations through its subsidiary, United States Cellular Corporation (U.S. Cellular), as well as providing its wireline services, cable services, and hosted and managed services (HMS), through its subsidiary, TDS Telecommunications Corporation (TDS Telecom).
Receive News & Ratings for Telephone and Data Systems Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Telephone and Data Systems Inc. and related companies with MarketBeat.com's FREE daily email newsletter.