Zacks Research Analysts Boost Earnings Estimates for TDS

Telephone and Data Systems, Inc. (NYSE:TDS - Free Report) - Zacks Research boosted their Q2 2026 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 quarter, up from their prior forecast of $0.03. The consensus estimate for Telephone and Data Systems' current full-year earnings is ($0.44) per share. Zacks Research also issued estimates for Telephone and Data Systems' Q3 2026 earnings at $0.01 EPS.

Telephone and Data Systems (NYSE:TDS - Get Free Report) last posted its quarterly earnings data on Friday, August 2nd. The Wireless communications provider reported ($0.13) EPS for the quarter, hitting the consensus estimate of ($0.13). The company had revenue of $1.24 billion during the quarter, compared to analyst estimates of $1.24 billion. Telephone and Data Systems had a negative net margin of 9.31% and a positive return on equity of 0.73%. Telephone and Data Systems's quarterly revenue was down 2.3% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.17) earnings per share.

Telephone and Data Systems Trading Down 3.1 %

Shares of NYSE:TDS traded down $0.88 on Tuesday, hitting $27.43. 962,635 shares of the company's stock were exchanged, compared to its average volume of 1,094,214. The stock has a market capitalization of $3.10 billion, a price-to-earnings ratio of -5.68 and a beta of 0.81. Telephone and Data Systems has a 12 month low of $13.69 and a 12 month high of $30.44. 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 business's 50 day simple moving average is $23.33 and its two-hundred day simple moving average is $20.62.

Hedge Funds Weigh In On Telephone and Data Systems

Institutional investors have recently made changes to their positions in the company. Everence Capital Management Inc. raised its stake in Telephone and Data Systems by 7.3% in the third quarter. Everence Capital Management Inc. now owns 12,840 shares of the Wireless communications provider's stock worth $299,000 after buying an additional 870 shares in the last quarter. Creative Planning raised its position in shares of Telephone and Data Systems by 8.1% in the 3rd quarter. Creative Planning now owns 13,301 shares of the Wireless communications provider's stock worth $309,000 after acquiring an additional 997 shares in the last quarter. CWM LLC boosted its position in Telephone and Data Systems by 26.8% during the third quarter. CWM LLC now owns 4,995 shares of the Wireless communications provider's stock valued at $116,000 after purchasing an additional 1,056 shares in the last quarter. Diversified Trust Co grew its stake in Telephone and Data Systems by 2.5% in the third quarter. Diversified Trust Co now owns 31,770 shares of the Wireless communications provider's stock valued at $739,000 after purchasing an additional 771 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in Telephone and Data Systems by 10.2% in the third quarter. GAMMA Investing LLC now owns 5,302 shares of the Wireless communications provider's stock worth $123,000 after purchasing an additional 490 shares in the last quarter. Hedge funds and other institutional investors own 80.00% of the company's stock.

Telephone and Data Systems Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend was Monday, September 16th. This represents a $0.16 annualized dividend and a yield of 0.58%. Telephone and Data Systems's payout ratio is currently -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.