Telephone & Data Systems (TDS) Receiving Somewhat Positive News Coverage, Analysis Shows

News coverage about Telephone & Data Systems (NYSE:TDS) has been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Telephone & Data Systems earned a news impact score of 0.23 on Accern’s scale. Accern also assigned headlines about the Wireless communications provider an impact score of 44.3898245758077 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of Telephone & Data Systems stock opened at $28.69 on Tuesday. The firm has a market cap of $3,146.89, a price-to-earnings ratio of 54.13, a PEG ratio of 6.01 and a beta of 0.81. The company has a quick ratio of 1.98, a current ratio of 2.14 and a debt-to-equity ratio of 0.50. Telephone & Data Systems has a one year low of $23.54 and a one year high of $29.87.

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Telephone & Data Systems (NYSE:TDS) last announced its quarterly earnings data on Friday, February 23rd. The Wireless communications provider reported $0.05 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.02) by $0.07. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. Telephone & Data Systems had a net margin of 3.03% and a return on equity of 1.30%. Telephone & Data Systems’s quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.05) EPS. equities research analysts forecast that Telephone & Data Systems will post 0.52 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 29th. Shareholders of record on Friday, March 16th were given a dividend of $0.16 per share. The ex-dividend date of this dividend was Thursday, March 15th. This represents a $0.64 dividend on an annualized basis and a yield of 2.23%. This is an increase from Telephone & Data Systems’s previous quarterly dividend of $0.16. Telephone & Data Systems’s dividend payout ratio is presently 120.75%.

TDS has been the subject of a number of recent research reports. TheStreet upgraded shares of Telephone & Data Systems from a “c+” rating to a “b-” rating in a research note on Friday, March 23rd. Zacks Investment Research upgraded shares of Telephone & Data Systems from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a research note on Wednesday, February 28th. Finally, ValuEngine upgraded shares of Telephone & Data Systems from a “sell” rating to a “hold” rating in a research note on Thursday, March 1st. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $30.00.

In other Telephone & Data Systems news, insider Scott H. Williamson sold 28,714 shares of the company’s stock in a transaction on Wednesday, March 28th. The shares were sold at an average price of $27.92, for a total transaction of $801,694.88. Following the completion of the transaction, the insider now owns 18,353 shares in the company, valued at approximately $512,415.76. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David A. Wittwer sold 285,704 shares of the company’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $27.20, for a total transaction of $7,771,148.80. Following the transaction, the director now owns 117,710 shares of the company’s stock, valued at approximately $3,201,712. The disclosure for this sale can be found here. 16.37% of the stock is currently owned by corporate insiders.

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Telephone & Data Systems Company Profile

Telephone and Data Systems, Inc, a telecommunications company, provides wireless, wireline, cable, and hosted and managed services in the United States. The company offers cellular services, such as postpaid national plans and prepaid service plans with voice, messaging, and data usage options; and business rate plans.

Insider Buying and Selling by Quarter for Telephone & Data Systems (NYSE:TDS)

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