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

Telephone and Data Systems (NYSE:TDS) 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 listening to the company’s conference call can do so using this link.

Telephone and Data Systems Stock Performance

Shares of TDS opened at $39.48 on Thursday. The firm has a 50-day moving average price of $35.44 and a 200 day moving average price of $29.53. The firm has a market capitalization of $4.46 billion, a PE ratio of -7.31 and a beta of 0.80. The company has a quick ratio of 1.44, a current ratio of 1.59 and a debt-to-equity ratio of 0.85. Telephone and Data Systems has a 52-week low of $13.69 and a 52-week high of $41.21.

Telephone and Data Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.41%. The ex-dividend date of this dividend was Monday, December 16th. Telephone and Data Systems’s dividend payout ratio (DPR) is presently -2.96%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TDS. JPMorgan Chase & Co. increased their price target on 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 raised Telephone and Data Systems from a “market perform” rating to an “outperform” rating and set a $51.00 target price for the company in a research note on Thursday, November 7th.

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.