T-Mobile US (NASDAQ:TMUS) Releases Quarterly Earnings Results, Beats Expectations By $0.42 EPS

T-Mobile US (NASDAQ:TMUS) issued its earnings results on Wednesday. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42, Zacks reports. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%.

T-Mobile US Trading Up 8.8 %

T-Mobile US stock traded up $19.40 during midday trading on Wednesday, hitting $240.54. 3,229,488 shares of the stock were exchanged, compared to its average volume of 3,676,439. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The stock’s 50-day simple moving average is $226.37 and its 200 day simple moving average is $212.66. T-Mobile US has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The stock has a market capitalization of $279.14 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.08 and a beta of 0.56.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.46%. T-Mobile US’s payout ratio is 40.14%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on TMUS shares. Daiwa America upgraded T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Sanford C. Bernstein initiated coverage on shares of T-Mobile US in a report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective for the company. JPMorgan Chase & Co. boosted their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Raymond James cut T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, October 25th. Finally, Tigress Financial boosted their price objective on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $245.74.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now directly owns 5,021 shares in the company, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the transaction, the chief executive officer now directly owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. This trade represents a 5.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 144,200 shares of company stock worth $32,736,303 in the last ninety days. 0.67% of the stock is owned by insiders.

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.