T-Mobile US (NASDAQ:TMUS – Free Report) had its target price upped by Scotiabank from $212.00 to $214.00 in a report released on Thursday morning,Benzinga reports. Scotiabank currently has a sector outperform rating on the Wireless communications provider’s stock.
TMUS has been the topic of a number of other reports. Weiss Ratings restated a “hold (c)” rating on shares of T-Mobile US in a research note on Friday, September 11th. KeyCorp lowered their target price on shares of T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a report on Thursday. Moffett Nathanson upped their price target on T-Mobile US from $242.00 to $246.00 and gave the company a “buy” rating in a research report on Tuesday, September 22nd. UBS Group decreased their price target on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating on the stock in a report on Friday, July 24th. Finally, The Goldman Sachs Group lowered their target price on shares of T-Mobile US from $230.00 to $211.00 and set a “buy” rating on the stock in a research note on Friday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $238.25.
Get Our Latest Stock Analysis on TMUS
T-Mobile US Trading Up 6.2%
T-Mobile US (NASDAQ:TMUS – Get Free Report) last released its earnings results on Wednesday, October 28th. The Wireless communications provider reported $3.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.89 by $0.33. T-Mobile US had a net margin of 12.05% and a return on equity of 21.47%. The firm had revenue of $23.58 billion for the quarter, compared to analysts’ expectations of $23.15 billion. During the same period in the previous year, the company earned $2.41 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Equities research analysts predict that T-Mobile US will post 11.36 EPS for the current year.
T-Mobile US Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $1.17 per share. This represents a $4.68 annualized dividend and a dividend yield of 3.0%. This is a positive change from T-Mobile US’s previous quarterly dividend of $1.02. The ex-dividend date of this dividend is Wednesday, November 25th. T-Mobile US’s payout ratio is currently 39.38%.
Insider Buying and Selling
In other T-Mobile US news, CAO Daniel James Drobac sold 772 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $178.33, for a total transaction of $137,670.76. Following the completion of the transaction, the chief accounting officer owned 35,118 shares of the company’s stock, valued at $6,262,592.94. This represents a 2.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.32% of the stock is owned by insiders.
Institutional Investors Weigh In On T-Mobile US
Large investors have recently made changes to their positions in the business. First National Bank of Mount Dora Trust Investment Services boosted its holdings in T-Mobile US by 34.8% in the first quarter. First National Bank of Mount Dora Trust Investment Services now owns 59,958 shares of the Wireless communications provider’s stock valued at $12,593,000 after acquiring an additional 15,495 shares in the last quarter. Perpetual Ltd raised its holdings in T-Mobile US by 140.1% in the 3rd quarter. Perpetual Ltd now owns 11,168 shares of the Wireless communications provider’s stock worth $1,821,000 after purchasing an additional 6,517 shares in the last quarter. Liontrust Investment Partners LLP raised its holdings in T-Mobile US by 46.0% in the 1st quarter. Liontrust Investment Partners LLP now owns 57,402 shares of the Wireless communications provider’s stock worth $12,056,000 after purchasing an additional 18,075 shares in the last quarter. Plato Investment Management Ltd bought a new position in T-Mobile US in the 2nd quarter worth $5,870,000. Finally, Paralel Advisors LLC purchased a new stake in shares of T-Mobile US in the 2nd quarter worth about $1,846,000. 42.49% of the stock is currently owned by institutional investors.
Key Headlines Impacting T-Mobile US
Here are the key news stories impacting T-Mobile US this week:
- Positive Sentiment: Strong Q3 performance and raised guidance: T-Mobile reported $3.22 in quarterly EPS, above expectations, while net income increased approximately 27%. Growth in service revenue, premium-plan adoption, account additions and average revenue per account helped drive the beat. Management raised its 2026 earnings, EBITDA and free-cash-flow outlook, providing a positive catalyst for TMUS. TMUS Q3 Earnings Beat Estimates on Strong Service Revenue Growth
- Positive Sentiment: SpaceX may face a costly challenge: Estimates that SpaceX could need an additional $120 billion to $130 billion to build a nationwide wireless rival support the competitive position of established carriers, including T-Mobile. This reduces near-term fears that SpaceX can quickly replicate TMUS’s network and customer scale. SpaceX’s $28 Billion Spectrum Deals May Not Be Enough
- Neutral Sentiment: Analyst views remain mixed: JPMorgan, KeyCorp, Deutsche Bank and Citi reduced their price targets, while maintaining ratings ranging from neutral to overweight. Scotiabank raised its target modestly and TD Cowen retained a buy rating, indicating substantial long-term upside but less near-term consensus confidence.
- Negative Sentiment: Customer and spending risks: Postpaid account churn rose to 1.09% from 0.97%, and free-cash-flow growth partly reflected lower capital spending that is expected to increase in the fourth quarter. High debt, intense competition and rising costs could constrain future shareholder returns. T-Mobile Profit Up 27% as Account Churn Rises
- Negative Sentiment: Merger uncertainty and SpaceX strategy: Reports that Deutsche Telekom has put a potential $300 billion transaction on hold remove a possible strategic catalyst. Separately, T-Mobile’s CEO said there is no room for an MVNO partnership with SpaceX, leaving the company exposed if SpaceX proceeds with a direct terrestrial wireless offering. Historic T-Mobile Deutsche Telekom Merger Put on Ice
T-Mobile US Company Profile
T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States, Puerto Rico and the U.S. Virgin Islands. Its offerings include postpaid and prepaid wireless plans, connected devices, broadband internet and other communications services.
The company operates a nationwide wireless network, including 5G services, and sells smartphones, tablets, connected devices and related accessories through retail stores, online channels and third-party distributors.
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