Should I buy or sell Shenandoah Telecommunications stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SHEN shares. View SHEN analyst ratings or view top-rated stocks .

What is Shenandoah Telecommunications' stock price target for 2024?

2 brokers have issued 12-month price objectives for Shenandoah Telecommunications' stock. Their SHEN share price targets range from $24.00 to $26.00. On average, they predict the company's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 73.0% from the stock's current price. View analysts price targets for SHEN or view top-rated stocks among Wall Street analysts .

How have SHEN shares performed in 2024?

Shenandoah Telecommunications' stock was trading at $21.62 on January 1st, 2024. Since then, SHEN shares have decreased by 33.2% and is now trading at $14.45. View the best growth stocks for 2024 here .

When is Shenandoah Telecommunications' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024. View our SHEN earnings forecast .

How were Shenandoah Telecommunications' earnings last quarter?

Shenandoah Telecommunications (NASDAQ:SHEN) posted its quarterly earnings data on Wednesday, February, 21st. The utilities provider reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.06. The utilities provider had revenue of $72.51 million for the quarter, compared to the consensus estimate of $71.85 million. Shenandoah Telecommunications had a trailing twelve-month return on equity of 1.24% and a net margin of 2.80%. During the same quarter in the previous year, the firm earned ($0.04) EPS.

How often does Shenandoah Telecommunications pay dividends? What is the dividend yield for Shenandoah Telecommunications?

Shenandoah Telecommunications announced an annual dividend on Tuesday, October 24th. Stockholders of record on Tuesday, November 7th will be given a dividend of $0.09 per share on Friday, December 1st. This represents a dividend yield of 0.36%. The ex-dividend date of this dividend is Monday, November 6th. This is a boost from the stock's previous annual dividend of $0.08. Read our dividend analysis for SHEN .

Is Shenandoah Telecommunications a good dividend stock?

Shenandoah Telecommunications (NASDAQ:SHEN) pays an annual dividend of $0.09 per share and currently has a dividend yield of 0.61%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 56.25%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for SHEN .

What ETFs hold Shenandoah Telecommunications' stock?

ETFs with the largest weight of Shenandoah Telecommunications (NASDAQ:SHEN) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) and Roundhill IO Digital Infrastructure ETF (BYTE) . SPDR S&P Telecom ETF (XTL) .

What is Chris French's approval rating as Shenandoah Telecommunications' CEO?

58 employees have rated Shenandoah Telecommunications Chief Executive Officer Chris French on Glassdoor.com . Chris French has an approval rating of 82% among the company's employees.

What other stocks do shareholders of Shenandoah Telecommunications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Shenandoah Telecommunications investors own include Verizon Communications (VZ) , AbbVie (ABBV) , American International Group (AIG) , Cisco Systems (CSCO) , AT&T (T) , Bristol-Myers Squibb (BMY) , Dollar General (DG) , Merck & Co., Inc. (MRK) , Pfizer (PFE) and Target (TGT) .

Who are Shenandoah Telecommunications' major shareholders?

Shenandoah Telecommunications' stock is owned by a number of institutional and retail investors. Top institutional shareholders include GAMMA Investing LLC (0.00%). Insiders that own company stock include Christopher E French, David L Heimbach , Derek Rieger, Heather K Tormey, Thomas A Whitaker and William L Pirtle . View institutional ownership trends .

How do I buy shares of Shenandoah Telecommunications?

Shares of SHEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SHEN

Shenandoah Telecommunications (SHEN) Stock Price, News & Analysis

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$14.45

+0.07 (+0.49%)

(As of 04/18/2024 ET)

Compare

Today's Range: $14.40
▼
$14.67
50-Day Range: $14.38
▼
$21.12
52-Week Range: $14.38
▼
$25.51

Volume: 184,084 shs
Average Volume: 141,387 shs
Market Capitalization: $729.00 million

P/E Ratio: 90.32
Dividend Yield: 0.62%
Price Target: $25.00

Get Shenandoah Telecommunications alerts:

Shenandoah Telecommunications MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 73.0% Upside
$25.00 Price Target
Short Interest: Healthy
1.62% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.02
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.05) to ($0.11) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.17 out of 5 stars

Utilities Sector

70th out of 90 stocks

Telephone Communication, Except Radio Industry

13th out of 17 stocks

3.3

Analyst's Opinion

Consensus Rating
Shenandoah Telecommunications has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Shenandoah Telecommunications has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.62% of the float of Shenandoah Telecommunications has been sold short.
Short Interest Ratio / Days to Cover
Shenandoah Telecommunications has a short interest ratio ("days to cover") of 5.4.
Change versus previous month
Short interest in Shenandoah Telecommunications has recently decreased by 8.60%, indicating that investor sentiment is improving significantly.

0.8

Dividend Strength

Dividend Yield
Shenandoah Telecommunications has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
Shenandoah Telecommunications has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Shenandoah Telecommunications is 56.25%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SHEN.

1.1

News and Social Media Coverage

News Sentiment
Shenandoah Telecommunications has a news sentiment score of -0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Utilities companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for Shenandoah Telecommunications this week, compared to 2 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Shenandoah Telecommunications insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.37% of the stock of Shenandoah Telecommunications is held by insiders.
Percentage Held by Institutions
61.96% of the stock of Shenandoah Telecommunications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Shenandoah Telecommunications are expected to decrease in the coming year, from ($0.05) to ($0.11) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Shenandoah Telecommunications is 90.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Shenandoah Telecommunications is 90.32, which means that it is trading at a more expensive P/E ratio than the Utilities sector average P/E ratio of about 75.69.
Price to Book Value per Share Ratio
Shenandoah Telecommunications has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Shenandoah Telecommunications Stock (NASDAQ:SHEN)

Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. It operates in two segments, Broadband and Tower. The company Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky through hybrid fiber coaxial cable under the Shentel brand; and fiber optic services under the Glo Fiber brand name. This segment also leases dark fiber and provides Ethernet and wavelength fiber optic services to enterprise and wholesale customers under the Glo Fiber Enterprise and Glo Fiber Wholesale brand names; and provides voice data and DSL telephone services. The Tower segment owns macro cellular towers and leases colocation space to the wireless communications providers. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.

SHEN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SHEN Stock News Headlines

April 18, 2024 | prnewswire.com

Glo Fiber Announces Broadband Expansion in Ohio

April 15, 2024 | finance.yahoo.com

Shenandoah Telecommunications Company Announces Rebranding of Horizon Telcom to Glo Fiber

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 12, 2024 | finance.yahoo.com

Is Shenandoah Telecommunications Company's (NASDAQ:SHEN) Recent Performance Underpinned By Weak Financials?

April 4, 2024 | finance.yahoo.com

SHEN: Lowering target price to $17.00

April 1, 2024 | globenewswire.com

Shenandoah Telecommunications Company Completes Acquisition of Horizon Telcom

March 29, 2024 | globenewswire.com

Shenandoah Telecommunications Company Completes Sale of its Towers

March 19, 2024 | finance.yahoo.com

Glo Fiber Launches Lightning Fast Fiber Optic Internet in Salisbury, Maryland

April 18, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 18, 2024 | globenewswire.com

Shenandoah Telecommunications to Present at the New Street Research and BCG Fiber to the Future 2024 Conference

March 12, 2024 | prnewswire.com

Glo Fiber Announces Expansion of its Fiber Network to Frederick County, Maryland

March 6, 2024 | investing.com

Shenandoah Telecom upgraded to buy at BWS on positive asset trade

March 1, 2024 | markets.businessinsider.com

Shenandoah To Sell Tower Portfolio For $310 Million Cash

March 1, 2024 | msn.com

Shenandoah Telecommunications to sell tower portfolio for $310 million

March 1, 2024 | marketwatch.com

ShenTel Strikes Deal to Sell Towers For $310 Million

March 1, 2024 | globenewswire.com

Shenandoah Telecommunications Company to Sell its Towers for $310 Million

February 22, 2024 | finance.yahoo.com

Shenandoah Telecommunications Company (NASDAQ:SHEN) Q4 2023 Earnings Call Transcript

February 21, 2024 | finance.yahoo.com

Q4 2023 Shenandoah Telecommunications Co Earnings Call

February 21, 2024 | finance.yahoo.com

Glo Fiber Business and CoreSite to Expand Network Connectivity to Washington, D.C.

February 21, 2024 | prnewswire.com

Glo Fiber Business and CoreSite to Expand Network Connectivity to Washington, D.C.

February 21, 2024 | seekingalpha.com

Shenandoah Telecommunications Company 2023 Q4 - Results - Earnings Call Presentation

February 21, 2024 | marketwatch.com

Shentel Swings to 4Q Profit, Posts Higher Revenue on Fiber Growth

February 21, 2024 | marketwatch.com

Shentel Stock Pops 8% on Fiber Growth, Potential Deals

February 21, 2024 | finance.yahoo.com

Shenandoah Telecommunications (SHEN) Surpasses Q4 Earnings and Revenue Estimates

February 21, 2024 | finance.yahoo.com

Shenandoah Telecommunications Co (SHEN) Reports Growth in 2023 Earnings

February 21, 2024 | finance.yahoo.com

Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2023 Results

February 21, 2024 | globenewswire.com

Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2023 Results

See More Headlines

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Company Calendar

Last Earnings: 2/21/2024
Today: 4/18/2024
Next Earnings (Estimated): 4/26/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Utilities
Industry: Telephone communication, except radio
Sub-Industry: Wireless Telecommunication Services
Current Symbol: NASDAQ:SHEN
CUSIP: 82312B10
CIK: 354963
Web: www.shentel.com
Phone: (540) 984-4141
Fax: 540-984-8192
Employees: 845
Year Founded: 1902

Price Target and Rating

Average Stock Price Target: $25.00
High Stock Price Target: $26.00
Low Stock Price Target: $24.00
Potential Upside/Downside: +73.4%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.16
Trailing P/E Ratio: 90.13
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $8.04 million
Net Margins: 2.80%
Pretax Margin: 3.83%
Return on Equity: 1.24%
Return on Assets: 0.75%

Debt

Debt-to-Equity Ratio: 0.45
Current Ratio: 1.79
Quick Ratio: 1.79

Sales & Book Value

Annual Sales: $287.38 million
Price / Sales: 2.53
Cash Flow: $1.45 per share
Price / Cash Flow: 9.93
Book Value: $12.98 per share
Price / Book: 1.11

Miscellaneous

Outstanding Shares: 50,450,000
Free Float: 48,242,000
Market Cap: $727.49 million
Optionable: Optionable
Beta: 0.52

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Key Executives

Mr. Christopher E. French (Age 66)
Chairman, President & CEO
Comp: $1.56M
Mr. James J. Volk CPA (Age 60)
Senior VP of Finance & CFO
Comp: $762.07k
Mr. Edward H. McKay (Age 51)
Executive VP & COO
Comp: $825.57k
Ms. Elaine M. Cheng (Age 50)
Senior VP & Chief Information Officer
Comp: $549.37k
Mr. Richard W. Mason Jr. (Age 50)
Senior Vice President of Engineering & Operations
Comp: $551k
Mr. Dennis A. Romps (Age 56)
VP & Chief Accounting Officer
Mr. Derek C. Rieger (Age 42)
General Counsel, VP of Legal & Corporate Secretary
Ms. Dara Leslie (Age 56)
Senior Vice President of Sales & Marketing
Ms. Heather K. Tormey (Age 49)
VP & Chief Human Resources Officer
Comp: $487.65k
Ms. Ann E. Flowers (Age 67)
Associate General Counsel
Comp: $254.98k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SHEN Stock Analysis - Frequently Asked Questions

Should I buy or sell Shenandoah Telecommunications stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Shenandoah Telecommunications in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SHEN shares.
View SHEN analyst ratings or view top-rated stocks.
What is Shenandoah Telecommunications' stock price target for 2024?: 2 brokers have issued 12-month price objectives for Shenandoah Telecommunications' stock. Their SHEN share price targets range from $24.00 to $26.00. On average, they predict the company's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 73.0% from the stock's current price.
View analysts price targets for SHEN or view top-rated stocks among Wall Street analysts.
How have SHEN shares performed in 2024?: Shenandoah Telecommunications' stock was trading at $21.62 on January 1st, 2024. Since then, SHEN shares have decreased by 33.2% and is now trading at $14.45.
View the best growth stocks for 2024 here.
When is Shenandoah Telecommunications' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, April 26th 2024.
View our SHEN earnings forecast.
How were Shenandoah Telecommunications' earnings last quarter?: Shenandoah Telecommunications (NASDAQ:SHEN) posted its quarterly earnings data on Wednesday, February, 21st. The utilities provider reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.01) by $0.06. The utilities provider had revenue of $72.51 million for the quarter, compared to the consensus estimate of $71.85 million. Shenandoah Telecommunications had a trailing twelve-month return on equity of 1.24% and a net margin of 2.80%. During the same quarter in the previous year, the firm earned ($0.04) EPS.
How often does Shenandoah Telecommunications pay dividends? What is the dividend yield for Shenandoah Telecommunications?: Shenandoah Telecommunications announced an annual dividend on Tuesday, October 24th. Stockholders of record on Tuesday, November 7th will be given a dividend of $0.09 per share on Friday, December 1st. This represents a dividend yield of 0.36%. The ex-dividend date of this dividend is Monday, November 6th. This is a boost from the stock's previous annual dividend of $0.08.
Read our dividend analysis for SHEN.

Is Shenandoah Telecommunications a good dividend stock?: Shenandoah Telecommunications (NASDAQ:SHEN) pays an annual dividend of $0.09 per share and currently has a dividend yield of 0.61%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 56.25%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for SHEN.
What ETFs hold Shenandoah Telecommunications' stock?: ETFs with the largest weight of Shenandoah Telecommunications (NASDAQ:SHEN) stock in their portfolio include Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) and Roundhill IO Digital Infrastructure ETF (BYTE).SPDR S&P Telecom ETF (XTL).
What is Chris French's approval rating as Shenandoah Telecommunications' CEO?: 58 employees have rated Shenandoah Telecommunications Chief Executive Officer Chris French on Glassdoor.com. Chris French has an approval rating of 82% among the company's employees.
What other stocks do shareholders of Shenandoah Telecommunications own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Shenandoah Telecommunications investors own include Verizon Communications (VZ), AbbVie (ABBV), American International Group (AIG), Cisco Systems (CSCO), AT&T (T), Bristol-Myers Squibb (BMY), Dollar General (DG), Merck & Co., Inc. (MRK), Pfizer (PFE) and Target (TGT).
Who are Shenandoah Telecommunications' major shareholders?: Shenandoah Telecommunications' stock is owned by a number of institutional and retail investors. Top institutional shareholders include GAMMA Investing LLC (0.00%). Insiders that own company stock include Christopher E French, David L Heimbach, Derek Rieger, Heather K Tormey, Thomas A Whitaker and William L Pirtle.
View institutional ownership trends.
How do I buy shares of Shenandoah Telecommunications?: Shares of SHEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SHEN) was last updated on 4/18/2024 by MarketBeat.com Staff

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Shenandoah Telecommunications (SHEN) Stock Price, News & Analysis

Shenandoah Telecommunications MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Shenandoah Telecommunications Stock (NASDAQ:SHEN)

SHEN Stock Price History

SHEN Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

SHEN Stock Analysis - Frequently Asked Questions

Overall MarketRank^™