Zacks Research Has Negative Forecast for TDS Q4 Earnings

Telephone and Data Systems, Inc. (NYSE:TDS) – Research analysts at Zacks Research lowered their Q4 2026 earnings estimates for shares of Telephone and Data Systems in a report released on Monday, January 6th. Zacks Research analyst R. Department now forecasts that the Wireless communications provider will post earnings per share of ($0.16) for the quarter, down from their prior estimate of ($0.15). The consensus estimate for Telephone and Data Systems’ current full-year earnings is ($0.31) per share.

A number of other analysts have also issued reports on the stock. JPMorgan Chase & Co. lifted 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 note on Monday, November 4th. Raymond James upgraded shares of 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.

Telephone and Data Systems Stock Performance

Telephone and Data Systems stock opened at $33.00 on Thursday. The firm has a market capitalization of $3.73 billion, a PE ratio of -6.11 and a beta of 0.81. Telephone and Data Systems has a one year low of $13.69 and a one year high of $35.39. The stock’s 50 day moving average price is $33.24 and its 200 day moving average price is $26.40. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.44 and a current ratio of 1.59.

Telephone and Data Systems (NYSE:TDS) last released its quarterly earnings data on Friday, November 1st. The Wireless communications provider reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.18) by $0.19. Telephone and Data Systems had a positive return on equity of 1.12% and a negative net margin of 10.72%. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.24 billion. During the same period last year, the company posted ($0.16) earnings per share. The firm’s revenue was down 4.2% compared to the same quarter last year.

Institutional Trading of Telephone and Data Systems

A number of hedge funds and other institutional investors have recently made changes to their positions in TDS. Quarry LP bought a new stake in shares of Telephone and Data Systems in the 2nd quarter worth about $40,000. Versant Capital Management Inc grew its stake in Telephone and Data Systems by 14.5% in the fourth quarter. Versant Capital Management Inc now owns 2,395 shares of the Wireless communications provider’s stock worth $82,000 after purchasing an additional 303 shares in the last quarter. CWM LLC increased its holdings in Telephone and Data Systems by 26.8% in the third quarter. CWM LLC now owns 4,995 shares of the Wireless communications provider’s stock valued at $116,000 after buying an additional 1,056 shares during the last quarter. GAMMA Investing LLC raised its stake in Telephone and Data Systems by 10.2% during the third quarter. GAMMA Investing LLC now owns 5,302 shares of the Wireless communications provider’s stock valued at $123,000 after buying an additional 490 shares in the last quarter. Finally, Headlands Technologies LLC lifted its holdings in Telephone and Data Systems by 328.9% during the 2nd quarter. Headlands Technologies LLC now owns 5,974 shares of the Wireless communications provider’s stock worth $124,000 after buying an additional 4,581 shares during the last quarter. Institutional investors own 80.00% of the company’s stock.

Telephone and Data Systems Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date was Monday, December 16th. Telephone and Data Systems’s payout ratio is currently -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.