T-Mobile US (NASDAQ:TMUS - Get Free Report) is expected to announce its earnings results after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of $2.48 per share and revenue of $20.67 billion for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, analysts expect T-Mobile US to post $10 EPS for the current fiscal year and $12 EPS for the next fiscal year.
T-Mobile US Trading Up 0.9 %
Shares of TMUS traded up $2.40 on Friday, reaching $262.04. 3,488,338 shares of the company's stock were exchanged, compared to its average volume of 4,230,838. T-Mobile US has a 12 month low of $160.62 and a 12 month high of $276.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $299.18 billion, a P/E ratio of 27.10, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. The business has a 50 day moving average price of $261.54 and a two-hundred day moving average price of $239.03.
T-Mobile US Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.34%. The ex-dividend date is Friday, May 30th. T-Mobile US's payout ratio is presently 36.40%.
Insider Activity at T-Mobile US
In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now directly owns 3,291 shares in the company, valued at $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.67% of the stock is owned by insiders.
Analysts Set New Price Targets
A number of equities analysts have issued reports on the company. Tigress Financial reiterated a "buy" rating on shares of T-Mobile US in a report on Wednesday, February 26th. UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Wells Fargo & Company reiterated an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Hsbc Global Res cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Finally, Bank of America upped their price objective on shares of T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $256.80.
Get Our Latest Stock Analysis on TMUS
About T-Mobile US
(
Get Free Report)
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.
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