T-Mobile US, Inc. (NASDAQ:TMUS) Receives $245.74 Average Target Price from Brokerages

T-Mobile US, Inc. (NASDAQ:TMUS - Get Free Report) has received an average rating of "Moderate Buy" from the twenty-one brokerages that are currently covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation, thirteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $245.74.

Several analysts have recently weighed in on the stock. Daiwa America raised shares of T-Mobile US to a "hold" rating in a report on Friday, October 25th. UBS Group lifted their price objective on T-Mobile US from $210.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, October 24th. Morgan Stanley initiated coverage on T-Mobile US in a research note on Monday, December 16th. They set an "overweight" rating and a $280.00 target price for the company. Scotiabank upped their price objective on T-Mobile US from $236.00 to $237.00 and gave the stock a "sector perform" rating in a report on Thursday, October 24th. Finally, Bank of America increased their price objective on T-Mobile US from $220.00 to $240.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th.

T-Mobile US Stock Performance

T-Mobile US stock traded up $3.22 during mid-day trading on Monday, reaching $218.97. 4,224,613 shares of the company were exchanged, compared to its average volume of 3,337,652. The firm has a market cap of $254.11 billion, a PE ratio of 24.97, a price-to-earnings-growth ratio of 1.05 and a beta of 0.56. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The firm's 50-day simple moving average is $228.93 and its two-hundred day simple moving average is $210.69. T-Mobile US has a twelve month low of $158.84 and a twelve month high of $248.15.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.29. The firm had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The company's revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the company earned $1.82 earnings per share. Equities analysts predict that T-Mobile US will post 9.31 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio (DPR) is presently 40.14%.

Insiders Place Their Bets

In related news, CEO G Michael Sievert sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the sale, the chief executive officer now owns 378,124 shares in the company, valued at approximately $89,891,418.52. This trade represents a 5.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the business's stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the transaction, the director now owns 5,653 shares of the company's stock, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 164,200 shares of company stock valued at $37,407,303. Corporate insiders own 0.67% of the company's stock.

Institutional Investors Weigh In On T-Mobile US

Several hedge funds have recently made changes to their positions in TMUS. DT Investment Partners LLC boosted its stake in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider's stock worth $25,000 after buying an additional 47 shares during the last quarter. Dunhill Financial LLC lifted its holdings in shares of T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock worth $27,000 after acquiring an additional 56 shares during the period. MFA Wealth Advisors LLC boosted its position in shares of T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 77 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in T-Mobile US in the third quarter valued at approximately $34,000. Finally, Bruce G. Allen Investments LLC increased its position in T-Mobile US by 79.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after purchasing an additional 73 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.