T-Mobile US (NASDAQ:TMUS) Announces Earnings Results, Beats Expectations By $0.17 EPS

T-Mobile US (NASDAQ:TMUS) posted its earnings results on Thursday. The Wireless communications provider reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17, Briefing.com reports. T-Mobile US had a net margin of 11.15% and a return on equity of 13.45%. The company had revenue of $19.59 billion during the quarter, compared to analysts’ expectations of $19.81 billion. During the same quarter in the prior year, the company posted $1.58 earnings per share. T-Mobile US’s revenue for the quarter was down .2% compared to the same quarter last year.

T-Mobile US Stock Down 0.1 %

TMUS stock opened at $163.96 on Friday. The firm has a market cap of $194.60 billion, a PE ratio of 22.31, a P/E/G ratio of 0.68 and a beta of 0.49. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. The firm’s fifty day moving average is $162.51 and its 200 day moving average is $156.98. T-Mobile US has a one year low of $124.92 and a one year high of $168.64.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be given a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.59%. T-Mobile US’s dividend payout ratio is presently 35.37%.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction dated Monday, January 29th. The shares were sold at an average price of $161.85, for a total value of $31,546,183.50. Following the sale, the director now owns 689,930,831 shares in the company, valued at $111,665,304,997.35. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, insider Callie R. Field sold 5,844 shares of the firm’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $168.44, for a total value of $984,363.36. Following the transaction, the insider now directly owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Telekom Ag Deutsche sold 194,910 shares of the firm’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $161.85, for a total transaction of $31,546,183.50. Following the completion of the transaction, the director now directly owns 689,930,831 shares in the company, valued at $111,665,304,997.35. The disclosure for this sale can be found here. Insiders have sold a total of 6,180,319 shares of company stock worth $1,002,629,987 over the last 90 days. 0.70% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of research analyst reports. Morgan Stanley raised their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a report on Monday, January 29th. Wells Fargo & Company raised their price target on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Monday, January 22nd. TD Cowen decreased their price target on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a report on Friday. Royal Bank of Canada raised their price target on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $186.33.

T-Mobile US Company Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.