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

Telephone and Data Systems (NYSE:TDS) is expected to be posting its quarterly earnings results before the market opens on Friday, February 21st. Analysts expect Telephone and Data Systems to post earnings of ($0.32) per share and revenue of $1.23 billion for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Telephone and Data Systems Stock Performance

Shares of TDS stock opened at $39.48 on Thursday. Telephone and Data Systems has a 12 month low of $13.69 and a 12 month high of $41.21. 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 firm has a market capitalization of $4.46 billion, a P/E ratio of -7.31 and a beta of 0.80. The company’s fifty day moving average price is $35.44 and its two-hundred day moving average price is $29.53.

Telephone and Data Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.41%. The ex-dividend date was Monday, December 16th. Telephone and Data Systems’s payout ratio is -2.96%.

Wall Street Analysts Forecast Growth

TDS has been the subject of several research analyst reports. JPMorgan Chase & Co. boosted their price objective on Telephone and Data Systems from $39.00 to $40.00 and gave the company an “overweight” rating in a report on Monday, November 4th. Raymond James upgraded 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.

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.