T-Mobile US (NASDAQ:TMUS) Posts Earnings Results, Beats Expectations By $0.42 EPS

T-Mobile US (NASDAQ:TMUS - Get Free Report) announced its earnings results on Wednesday. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42, Zacks reports. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%.

T-Mobile US Trading Down 0.3 %

Shares of T-Mobile US stock traded down $0.78 during trading hours on Thursday, reaching $234.37. The stock had a trading volume of 4,202,687 shares, compared to its average volume of 4,023,394. The firm has a market capitalization of $271.98 billion, a price-to-earnings ratio of 26.72, a P/E/G ratio of 1.08 and a beta of 0.56. The firm has a 50 day simple moving average of $226.37 and a two-hundred day simple moving average of $212.82. T-Mobile US has a 1 year low of $158.84 and a 1 year high of $248.15. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23.

T-Mobile US Announces Dividend

The company 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 $0.88 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a yield of 1.50%. T-Mobile US's dividend payout ratio (DPR) is 40.14%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. Citigroup raised their target price on shares of T-Mobile US from $210.00 to $254.00 and gave the company a "buy" rating in a research note on Monday, October 21st. Raymond James cut T-Mobile US from an "outperform" rating to a "market perform" rating in a research note on Friday, October 25th. Benchmark reaffirmed a "buy" rating and set a $255.00 price target on shares of T-Mobile US in a research report on Tuesday. Daiwa America raised T-Mobile US to a "hold" rating in a report on Friday, October 25th. Finally, TD Cowen lifted their price target on shares of T-Mobile US from $216.00 to $250.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, T-Mobile US has an average rating of "Moderate Buy" and a consensus price target of $248.89.

Insider Transactions at T-Mobile US

In other news, Director Srikant M. Datar sold 1,000 shares of the business's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the sale, the director now directly owns 5,021 shares in the company, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Raul Marcelo Claure sold 110,000 shares of the business's stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $224.30, for a total value of $24,673,000.00. Following the sale, the director now owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. This represents a 7.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 144,200 shares of company stock valued at $32,736,303. 0.67% of the stock is currently owned by corporate insiders.

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.