What is Zacks Research's Forecast for TDS Q4 Earnings?

Telephone and Data Systems, Inc. (NYSE:TDS - Free Report) - Equities researchers at Zacks Research lowered their Q4 2026 earnings per share estimates for shares of Telephone and Data Systems in a research report issued on Monday, January 6th. Zacks Research analyst R. Department now forecasts that the Wireless communications provider will earn ($0.16) per share for the quarter, down from their prior estimate of ($0.15). The consensus estimate for Telephone and Data Systems' current full-year earnings is ($0.31) per share.

Several other equities analysts also recently commented on TDS. JPMorgan Chase & Co. boosted their price target on shares of Telephone and Data Systems from $39.00 to $40.00 and gave the stock an "overweight" rating in a research note on Monday, November 4th. Raymond James raised Telephone and Data Systems from a "market perform" rating to an "outperform" rating and set a $51.00 price target on the stock in a research report on Thursday, November 7th.

Telephone and Data Systems Trading Up 2.1 %

NYSE:TDS traded up $0.68 during trading hours on Thursday, reaching $33.39. 1,115,120 shares of the stock were exchanged, compared to its average volume of 891,624. Telephone and Data Systems has a twelve month low of $13.69 and a twelve month high of $35.39. The company has a quick ratio of 1.44, a current ratio of 1.59 and a debt-to-equity ratio of 0.85. The business has a 50-day moving average of $33.13 and a two-hundred day moving average of $26.31. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of -6.18 and a beta of 0.81.

Telephone and Data Systems (NYSE:TDS - Get Free Report) last announced its quarterly earnings results on Friday, November 1st. The Wireless communications provider reported $0.01 earnings per share for the quarter, beating analysts' consensus estimates of ($0.18) by $0.19. Telephone and Data Systems had a negative net margin of 10.72% and a positive return on equity of 1.12%. The business had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.24 billion. During the same period last year, the business earned ($0.16) earnings per share. The business's revenue for the quarter was down 4.2% on a year-over-year basis.

Hedge Funds Weigh In On Telephone and Data Systems

Large investors have recently bought and sold shares of the stock. Versant Capital Management Inc raised its stake in Telephone and Data Systems by 14.5% during the 4th quarter. Versant Capital Management Inc now owns 2,395 shares of the Wireless communications provider's stock valued at $82,000 after acquiring an additional 303 shares during the last quarter. GAMMA Investing LLC grew its position in Telephone and Data Systems by 8.3% in the 4th quarter. GAMMA Investing LLC now owns 5,742 shares of the Wireless communications provider's stock valued at $196,000 after buying an additional 440 shares during the last quarter. Victory Capital Management Inc. raised its position in Telephone and Data Systems by 1.4% during the 2nd quarter. Victory Capital Management Inc. now owns 41,514 shares of the Wireless communications provider's stock worth $861,000 after buying an additional 554 shares during the last quarter. Aigen Investment Management LP raised its position in Telephone and Data Systems by 5.3% during the 3rd quarter. Aigen Investment Management LP now owns 13,589 shares of the Wireless communications provider's stock worth $316,000 after buying an additional 685 shares during the last quarter. Finally, Quarry LP lifted its stake in shares of Telephone and Data Systems by 35.5% in the 3rd quarter. Quarry LP now owns 2,643 shares of the Wireless communications provider's stock worth $61,000 after acquiring an additional 692 shares during the period. Institutional investors and hedge funds own 80.00% of the company's stock.

Telephone and Data Systems Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.48%. The ex-dividend date was Monday, December 16th. Telephone and Data Systems's payout ratio is -2.96%.

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.