Telephone and Data Systems, Inc. (NYSE:TDS - Free Report) - Research analysts at Zacks Research upped their Q1 2026 earnings per share estimates for shares of Telephone and Data Systems in a research note issued on Wednesday, October 9th. Zacks Research analyst R. Department now forecasts that the Wireless communications provider will earn $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 Performance
Telephone and Data Systems stock traded up $0.51 during mid-day trading on Monday, hitting $23.64. 587,174 shares of the company's stock traded hands, compared to its average volume of 1,080,224. The firm has a 50 day simple moving average of $22.46 and a two-hundred day simple moving average of $20.11. Telephone and Data Systems has a fifty-two week low of $13.69 and a fifty-two week high of $24.92. The stock has a market cap of $2.67 billion, a price-to-earnings ratio of -4.79 and a beta of 0.81. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.51 and a quick ratio of 1.37.
Telephone and Data Systems (NYSE:TDS - Get Free Report) last released its quarterly earnings data on Friday, August 2nd. The Wireless communications provider reported ($0.13) EPS for the quarter, meeting the consensus estimate 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 company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.24 billion. During the same quarter in the prior year, the firm posted ($0.17) EPS. The firm's revenue for the quarter was down 2.3% compared to the same quarter last year.
Institutional Investors Weigh In On Telephone and Data Systems
Several hedge funds have recently added to or reduced their stakes in TDS. Vanguard Group Inc. lifted its holdings in Telephone and Data Systems by 4.8% during the 4th quarter. Vanguard Group Inc. now owns 12,248,615 shares of the Wireless communications provider's stock valued at $224,762,000 after purchasing an additional 565,371 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Telephone and Data Systems by 9.2% in the second 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 during the period. Millennium Management LLC boosted its position in shares of Telephone and Data Systems by 34.0% in the second quarter. Millennium Management LLC now owns 1,950,298 shares of the Wireless communications provider's stock valued at $40,430,000 after acquiring an additional 495,189 shares during the period. Point72 Asset Management L.P. bought a new stake in shares of Telephone and Data Systems in the second quarter valued at about $7,680,000. Finally, American Century Companies Inc. boosted its position in shares of Telephone and Data Systems by 8.4% in the second quarter. American Century Companies Inc. now owns 2,655,980 shares of the Wireless communications provider's stock valued at $55,058,000 after acquiring an additional 206,819 shares during the period. Institutional investors and hedge funds own 80.00% of the company's stock.
Telephone and Data Systems Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Monday, September 16th were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.68%. The ex-dividend date was Monday, September 16th. Telephone and Data Systems's dividend payout ratio is -3.31%.
Telephone and Data Systems Company Profile
(
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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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