Zacks Research Issues Optimistic Forecast for TDS Earnings

Telephone and Data Systems, Inc. (NYSE:TDS) – Zacks Research boosted their Q2 2026 earnings per share (EPS) estimates for Telephone and Data Systems in a report released on Wednesday, January 22nd. Zacks Research analyst R. Department now anticipates that the Wireless communications provider will earn $0.06 per share for the quarter, up from their previous forecast of $0.03. The consensus estimate for Telephone and Data Systems’ current full-year earnings is ($0.31) per share.

Telephone and Data Systems (NYSE:TDS) last announced its quarterly earnings results on Friday, November 1st. The Wireless communications provider reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.19. Telephone and Data Systems had a negative net margin of 10.72% and a positive return on equity of 1.12%. The firm had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.24 billion. During the same quarter in the previous year, the firm posted ($0.16) earnings per share. The business’s revenue was down 4.2% on a year-over-year basis.

TDS has been the subject of several other reports. Raymond James raised Telephone and Data Systems from a “market perform” rating to an “outperform” rating and set a $51.00 price objective for the company in a research report on Thursday, November 7th. JPMorgan Chase & Co. upped their price target on 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 Stock Down 1.3 %

Shares of NYSE TDS opened at $35.95 on Friday. The company has a fifty day moving average price of $33.92 and a 200 day moving average price of $27.29. 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 1-year low of $13.69 and a 1-year high of $36.53.

Institutional Trading of Telephone and Data Systems

A number of hedge funds and other institutional investors have recently modified their holdings of TDS. Invesco LLC acquired a new position in Telephone and Data Systems during the fourth quarter valued at approximately $230,000. KBC Group NV boosted its holdings in shares of Telephone and Data Systems by 70.6% in the 4th quarter. KBC Group NV now owns 4,853 shares of the Wireless communications provider’s stock valued at $166,000 after buying an additional 2,008 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Telephone and Data Systems by 235.7% in the fourth quarter. Blue Trust Inc. now owns 6,871 shares of the Wireless communications provider’s stock valued at $234,000 after buying an additional 4,824 shares in the last quarter. First Citizens Bank & Trust Co. acquired a new position in Telephone and Data Systems during the fourth quarter worth $203,000. Finally, Crossmark Global Holdings Inc. acquired a new position in Telephone and Data Systems during the fourth quarter worth $246,000. Institutional investors and hedge funds own 80.00% of the company’s stock.

Telephone and Data Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a dividend of $0.04 per share. The ex-dividend date was Monday, December 16th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.45%. Telephone and Data Systems’s dividend payout ratio 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.