Telephone and Data Systems (TDS) Expected to Announce Earnings on Friday

Telephone and Data Systems (NYSE:TDS - Get Free Report) is expected to be announcing its earnings results before the market opens on Friday, February 21st. Analysts expect the company to announce earnings of ($0.32) per share and revenue of $1.23 billion for the quarter. Investors interested in participating in the company's conference call can do so using this link.

Telephone and Data Systems Trading Up 3.0 %

NYSE:TDS traded up $1.15 during trading hours on Monday, hitting $39.52. 700,810 shares of the stock were exchanged, compared to its average volume of 696,859. The company's 50 day moving average is $35.07 and its two-hundred day moving average is $29.19. Telephone and Data Systems has a twelve month low of $13.69 and a twelve month high of $39.54. 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 company has a market capitalization of $4.47 billion, a P/E ratio of -7.32 and a beta of 0.80.

Telephone and Data Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.40%. The ex-dividend date was Monday, December 16th. Telephone and Data Systems's dividend payout ratio is -2.96%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on TDS shares. Raymond James raised Telephone and Data Systems from a "market perform" rating to an "outperform" rating and set a $51.00 price objective on the stock in a report on Thursday, November 7th. JPMorgan Chase & Co. upped their price objective on Telephone and Data Systems from $39.00 to $40.00 and gave the stock an "overweight" rating in a report on Monday, November 4th.

Telephone and Data Systems Company Profile

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.