Zacks Research Issues Positive Outlook for TDS Earnings

Telephone and Data Systems, Inc. (NYSE:TDS) – Stock analysts at Zacks Research raised their Q2 2026 earnings estimates for shares of Telephone and Data Systems in a note issued to investors on Wednesday, January 22nd. Zacks Research analyst R. Department now anticipates that the Wireless communications provider will post earnings per share of $0.06 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 posted its earnings results on Friday, November 1st. The Wireless communications provider reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.19. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.24 billion. Telephone and Data Systems had a positive return on equity of 1.12% and a negative net margin of 10.72%. The business’s revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.16) earnings per share.

TDS has been the subject of a number of other research reports. JPMorgan Chase & Co. increased their price target on shares of Telephone and Data Systems from $39.00 to $40.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Raymond James raised Telephone and Data Systems from a “market perform” rating to an “outperform” rating and set a $51.00 price target on the stock in a report on Thursday, November 7th.

Telephone and Data Systems Price Performance

Shares of NYSE TDS opened at $35.99 on Friday. The stock has a market cap of $4.07 billion, a P/E ratio of -6.66 and a beta of 0.81. Telephone and Data Systems has a twelve month low of $13.69 and a twelve month high of $36.53. The stock has a 50 day moving average of $34.02 and a two-hundred day moving average of $27.35. The company has a current ratio of 1.59, a quick ratio of 1.44 and a debt-to-equity ratio of 0.85.

Institutional Investors Weigh In On Telephone and Data Systems

Several institutional investors have recently modified their holdings of TDS. Versant Capital Management Inc boosted its stake in shares of Telephone and Data Systems by 14.5% during the fourth quarter. Versant Capital Management Inc now owns 2,395 shares of the Wireless communications provider’s stock valued at $82,000 after acquiring an additional 303 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Telephone and Data Systems by 8.3% in the 4th quarter. GAMMA Investing LLC now owns 5,742 shares of the Wireless communications provider’s stock valued at $196,000 after purchasing an additional 440 shares in the last quarter. Aigen Investment Management LP boosted its stake in shares of Telephone and Data Systems by 5.3% during the 3rd quarter. Aigen Investment Management LP now owns 13,589 shares of the Wireless communications provider’s stock worth $316,000 after purchasing an additional 685 shares during the last quarter. Quarry LP grew its holdings in shares of Telephone and Data Systems by 35.5% during the third quarter. Quarry LP now owns 2,643 shares of the Wireless communications provider’s stock worth $61,000 after buying an additional 692 shares in the last quarter. Finally, Diversified Trust Co raised its position in shares of Telephone and Data Systems by 2.5% in the third quarter. Diversified Trust Co now owns 31,770 shares of the Wireless communications provider’s stock valued at $739,000 after buying an additional 771 shares during the last quarter. Hedge funds and other institutional investors own 80.00% of the company’s stock.

Telephone and Data Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a $0.04 dividend. The ex-dividend date was Monday, December 16th. This represents a $0.16 dividend on an annualized basis and a yield of 0.44%. Telephone and Data Systems’s dividend payout ratio (DPR) is presently -2.96%.

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.