Zacks Research Has Positive Forecast for TDS FY2026 Earnings

Telephone and Data Systems, Inc. (NYSE:TDS - Free Report) - Equities researchers at Zacks Research upped their FY2026 earnings per share (EPS) estimates for shares of Telephone and Data Systems in a research report issued on Monday, October 21st. Zacks Research analyst R. Department now anticipates that the Wireless communications provider will earn $0.04 per share for the year, up from their prior forecast of ($0.01). The consensus estimate for Telephone and Data Systems' current full-year earnings is ($0.44) per share.

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

Telephone and Data Systems Stock Up 1.4 %

Shares of NYSE TDS traded up $0.39 during trading hours on Wednesday, hitting $27.82. 848,466 shares of the stock were exchanged, compared to its average volume of 1,093,512. The company has a market cap of $3.14 billion, a PE 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 quick ratio of 1.37, a current ratio of 1.51 and a debt-to-equity ratio of 0.84. The firm has a fifty day moving average price of $23.33 and a 200-day moving average price of $20.62.

Telephone and Data Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders 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 dividend yield of 0.58%. Telephone and Data Systems's dividend payout ratio is presently -3.31%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. TCW Group Inc. boosted its holdings in Telephone and Data Systems by 15.8% in the second quarter. TCW Group Inc. now owns 549,432 shares of the Wireless communications provider's stock worth $11,390,000 after acquiring an additional 74,913 shares in the last quarter. Susquehanna Fundamental Investments LLC purchased a new stake in Telephone and Data Systems during the 1st quarter worth approximately $745,000. Tidal Investments LLC acquired a new position in Telephone and Data Systems during the 1st quarter valued at approximately $1,048,000. UniSuper Management Pty Ltd acquired a new position in Telephone and Data Systems during the 1st quarter valued at approximately $401,000. Finally, Vanguard Group Inc. raised its holdings 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 buying an additional 320,976 shares during the last quarter. 80.00% of the stock is currently owned by hedge funds and other institutional investors.

About Telephone and Data Systems

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.