Zacks Research Has Positive Outlook for TDS Q3 Earnings

Telephone and Data Systems, Inc. (NYSE:TDS) – Analysts at Zacks Research increased their Q3 2026 earnings per share estimates for Telephone and Data Systems in a research report issued 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 forecast 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.

Other equities research analysts have also issued research reports about the stock. Raymond James upgraded shares of Telephone and Data Systems from a “market perform” rating to an “outperform” rating and set a $51.00 price objective for the company in a research note on Thursday, November 7th. JPMorgan Chase & Co. lifted their price target on Telephone and Data Systems from $39.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday, November 4th.

Telephone and Data Systems Stock Up 0.7 %

TDS opened at $35.78 on Monday. Telephone and Data Systems has a fifty-two week low of $13.69 and a fifty-two week high of $36.53. The firm has a market capitalization of $4.04 billion, a P/E ratio of -6.63 and a beta of 0.81. The company’s 50-day moving average is $34.21 and its 200 day moving average is $27.66. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.59 and a quick ratio of 1.44.

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

Telephone and Data Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.45%. The ex-dividend date was Monday, December 16th. Telephone and Data Systems’s dividend payout ratio is -2.96%.

Hedge Funds Weigh In On Telephone and Data Systems

Several institutional investors have recently bought and sold shares of TDS. Quarry LP bought a new stake in shares of Telephone and Data Systems in the second quarter valued at $40,000. Independence Bank of Kentucky purchased a new stake in Telephone and Data Systems during the fourth quarter valued at about $41,000. Versant Capital Management Inc boosted its position in 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 worth $82,000 after purchasing an additional 303 shares during the period. CWM LLC increased its stake in shares of Telephone and Data Systems by 26.8% in the third quarter. CWM LLC now owns 4,995 shares of the Wireless communications provider’s stock worth $116,000 after purchasing an additional 1,056 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Telephone and Data Systems by 10.2% in the third quarter. GAMMA Investing LLC now owns 5,302 shares of the Wireless communications provider’s stock valued at $123,000 after purchasing an additional 490 shares during the period. Hedge funds and other institutional investors own 80.00% of the company’s stock.

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.