Zacks Research Issues Optimistic Outlook for TDS Earnings

Telephone and Data Systems, Inc. (NYSE:TDS - Free Report) - Equities researchers at Zacks Research raised their Q2 2026 earnings estimates for shares of Telephone and Data Systems in a research note issued to investors on Wednesday, January 22nd. Zacks Research analyst R. Department now anticipates that the Wireless communications provider will post earnings per share of $0.06 for the quarter, up from their prior estimate of $0.03. The consensus estimate for Telephone and Data Systems' current full-year earnings is ($0.31) per share.

Several other equities analysts have also commented on the stock. JPMorgan Chase & Co. increased their price objective on shares of Telephone and Data Systems from $39.00 to $40.00 and gave the company an "overweight" rating in a research report 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 target price on the stock in a research report on Thursday, November 7th.

Telephone and Data Systems Stock Up 0.7 %

Telephone and Data Systems stock traded up $0.27 during midday trading on Friday, reaching $36.21. The company's stock had a trading volume of 160,676 shares, compared to its average volume of 754,266. Telephone and Data Systems has a 52-week low of $13.69 and a 52-week high of $36.53. The stock has a market capitalization of $4.09 billion, a P/E ratio of -6.70 and a beta of 0.81. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.59 and a quick ratio of 1.44. The stock's 50-day simple moving average is $33.92 and its 200-day simple moving average is $27.29.

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

Institutional Trading of Telephone and Data Systems

Several large investors have recently made changes to their positions in the business. Independence Bank of Kentucky acquired a new position in Telephone and Data Systems during the fourth quarter valued at $41,000. Invesco LLC acquired a new position in shares of Telephone and Data Systems in the 4th quarter valued at about $230,000. KBC Group NV boosted its stake in shares of Telephone and Data Systems by 70.6% in the fourth quarter. KBC Group NV now owns 4,853 shares of the Wireless communications provider's stock worth $166,000 after buying an additional 2,008 shares during the last quarter. Blue Trust Inc. grew its holdings in Telephone and Data Systems by 235.7% during the fourth quarter. Blue Trust Inc. now owns 6,871 shares of the Wireless communications provider's stock worth $234,000 after acquiring an additional 4,824 shares during the period. Finally, First Citizens Bank & Trust Co. purchased a new position in Telephone and Data Systems during the fourth quarter valued at approximately $203,000. 80.00% of the stock is owned by hedge funds and other institutional investors.

Telephone and Data Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders 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 0.44%. 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.