Zacks Research Brokers Reduce Earnings Estimates for TDS

Telephone and Data Systems, Inc. (NYSE:TDS) – Equities researchers at Zacks Research cut their Q4 2026 EPS estimates for shares of Telephone and Data Systems in a research note issued to investors on Monday, January 6th. Zacks Research analyst R. Department now forecasts that the Wireless communications provider will earn ($0.16) per share for the quarter, down from their prior forecast of ($0.15). The consensus estimate for Telephone and Data Systems’ current full-year earnings is ($0.31) per share.

Telephone and Data Systems (NYSE:TDS) last posted its earnings results 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. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates 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 revenue was down 4.2% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.16) earnings per share.

Other equities analysts also recently issued research reports about the stock. Raymond James raised shares of Telephone and Data Systems from a “market perform” rating to an “outperform” rating and set a $51.00 price target for the company in a report on Thursday, November 7th. JPMorgan Chase & Co. upped their target price on shares of Telephone and Data Systems from $39.00 to $40.00 and gave the stock an “overweight” rating in a research report on Monday, November 4th.

Telephone and Data Systems Price Performance

Shares of TDS opened at $33.00 on Thursday. Telephone and Data Systems has a 12 month low of $13.69 and a 12 month high of $35.39. 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 has a fifty day moving average price of $33.24 and a 200 day moving average price of $26.40. The company has a market cap of $3.73 billion, a P/E ratio of -6.11 and a beta of 0.81.

Institutional Investors Weigh In On Telephone and Data Systems

Several institutional investors have recently bought and sold shares of TDS. Quarry LP acquired a new position in Telephone and Data Systems during the 2nd quarter valued at about $40,000. Versant Capital Management Inc boosted its holdings in shares of 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 valued at $82,000 after acquiring an additional 303 shares in the last quarter. CWM LLC increased its stake in shares of Telephone and Data Systems by 26.8% during the third quarter. CWM LLC now owns 4,995 shares of the Wireless communications provider’s stock valued at $116,000 after acquiring an additional 1,056 shares during the period. GAMMA Investing LLC raised its holdings 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 worth $123,000 after purchasing an additional 490 shares in the last quarter. Finally, Headlands Technologies LLC lifted its position in Telephone and Data Systems by 328.9% in the second quarter. Headlands Technologies LLC now owns 5,974 shares of the Wireless communications provider’s stock worth $124,000 after purchasing an additional 4,581 shares during the period. Institutional investors and hedge funds own 80.00% of the company’s stock.

Telephone and Data Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued 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 dividend payout ratio (DPR) is -2.96%.

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.