Zacks Research Issues Positive Forecast for TDS Earnings

Telephone and Data Systems, Inc. (NYSE:TDS) – Research analysts at Zacks Research raised their Q3 2026 earnings per share (EPS) estimates for shares of Telephone and Data Systems in a report released on Wednesday, January 22nd. Zacks Research analyst R. Department now forecasts that the Wireless communications provider will post earnings per share of ($0.07) for the quarter, up from their prior estimate of ($0.10). The consensus estimate for Telephone and Data Systems’ current full-year earnings is ($0.31) per share. Zacks Research also issued estimates for Telephone and Data Systems’ Q4 2026 earnings at ($0.14) EPS and FY2026 earnings at ($0.19) EPS.

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

Telephone and Data Systems Stock Down 0.9 %

Telephone and Data Systems stock opened at $35.59 on Monday. The business’s 50-day moving average price is $34.12 and its 200 day moving average price is $27.56. The company has a quick ratio of 1.44, a current ratio of 1.59 and a debt-to-equity ratio of 0.85. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of -6.59 and a beta of 0.81. Telephone and Data Systems has a 52 week low of $13.69 and a 52 week high of $36.53.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TDS. Silver Point Capital L.P. acquired a new stake in Telephone and Data Systems during the 3rd quarter worth approximately $29,062,000. Millennium Management LLC raised its stake in shares of Telephone and Data Systems by 34.0% in the second quarter. Millennium Management LLC now owns 1,950,298 shares of the Wireless communications provider’s stock valued at $40,430,000 after acquiring an additional 495,189 shares in the last quarter. Point72 Asset Management L.P. purchased a new position in Telephone and Data Systems in the second quarter valued at $7,680,000. Bank of Montreal Can boosted its holdings in Telephone and Data Systems by 935.4% in the second quarter. Bank of Montreal Can now owns 197,754 shares of the Wireless communications provider’s stock valued at $4,135,000 after purchasing an additional 178,654 shares during the period. Finally, Loomis Sayles & Co. L P grew its stake in Telephone and Data Systems by 35.3% during the 3rd quarter. Loomis Sayles & Co. L P now owns 523,150 shares of the Wireless communications provider’s stock worth $12,163,000 after purchasing an additional 136,419 shares in the last quarter. Hedge funds and other institutional investors own 80.00% of the company’s stock.

Telephone and Data Systems Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 16th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.45%. The ex-dividend date of this dividend was Monday, December 16th. Telephone and Data Systems’s dividend payout ratio (DPR) is -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.