Telephone & Data Systems (TDS) Given Daily Media Sentiment Rating of 0.56
Media stories about Telephone & Data Systems (NYSE:TDS) have been trending very positive on Friday, Alpha One Sentiment Analysis reports. Alpha One, a division of Accern, scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Telephone & Data Systems earned a news sentiment score of 0.56 on Alpha One’s scale. Alpha One also gave media stories about the Wireless communications provider an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an effect on the stock’s share price in the next few days.
A number of brokerages recently weighed in on TDS. Zacks Investment Research cut shares of Telephone & Data Systems from a “hold” rating to a “sell” rating in a research report on Wednesday, March 8th. Raymond James Financial, Inc. reaffirmed a “market perform” rating on shares of Telephone & Data Systems in a research report on Monday, February 27th. Finally, Drexel Hamilton cut shares of Telephone & Data Systems from a “buy” rating to a “hold” rating in a research report on Friday, February 24th.
Telephone & Data Systems (NYSE:TDS) traded down 0.26% during trading on Friday, reaching $27.10. 438,241 shares of the company’s stock were exchanged. The company’s 50-day moving average is $26.15 and its 200-day moving average is $27.82. Telephone & Data Systems has a 1-year low of $24.12 and a 1-year high of $32.97. The company has a market capitalization of $2.99 billion, a PE ratio of 69.49 and a beta of 1.19.
Telephone & Data Systems (NYSE:TDS) last released its quarterly earnings results on Friday, February 24th. The Wireless communications provider reported ($0.05) EPS for the quarter, meeting the Zacks’ consensus estimate of ($0.05). The firm had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.36 billion. Telephone & Data Systems had a net margin of 0.94% and a return on equity of 0.76%. The company’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.01) earnings per share. Equities research analysts expect that Telephone & Data Systems will post $0.28 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, March 31st. Shareholders of record on Friday, March 17th were paid a $0.155 dividend. The ex-dividend date of this dividend was Wednesday, March 15th. This is an increase from Telephone & Data Systems’s previous quarterly dividend of $0.15. This represents a $0.62 dividend on an annualized basis and a dividend yield of 2.28%. Telephone & Data Systems’s payout ratio is currently 140.48%.
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Telephone & Data Systems Company Profile
Telephone and Data Systems, Inc is a diversified telecommunications company. The Company is engaged in conducting its Wireless operations through its subsidiary, United States Cellular Corporation (U.S. Cellular), as well as providing its wireline services, cable services, and hosted and managed services (HMS), through its subsidiary, TDS Telecommunications Corporation (TDS Telecom).
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