Shenandoah Telecommunications Company (SHEN)

NASDAQ: SHEN · IEX Real-Time Price · USD
14.17
+0.13 (0.93%)
Apr 24, 2024, 4:00 PM EDT - Market closed
0.93%
Market Cap 714.83M
Revenue (ttm) 287.38M
Net Income (ttm) 8.04M
Shares Out 50.45M
EPS (ttm) 0.16
PE Ratio 88.56
Forward PE n/a
Dividend $0.09 (0.64%)
Ex-Dividend Date Nov 6, 2023
Volume 258,640
Open 13.97
Previous Close 14.04
Day's Range 13.48 - 14.33
52-Week Range 13.48 - 25.51
Beta 0.49
Analysts Hold
Price Target 22.00 (+55.26%)
Earnings Date May 3, 2024

About SHEN

Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. It operates in two segments, Broadband and Tower. The company Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky through hybrid fiber coaxial cable under the Shentel brand; and fiber optic services under the Glo Fiber brand name... [Read more]

Founded 1902
Employees 845
Stock Exchange NASDAQ
Ticker Symbol SHEN
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for SHEN stock is "Hold." The 12-month stock price forecast is $22.0, which is an increase of 55.26% from the latest price.

Price Target
$22.0
(55.26% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Shenandoah Telecommunications Company to Hold its First Quarter 2024 Earnings Call at 8:30 a.m. on Friday, May 3, 2024

EDINBURG, Va., April 24, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its first quarter 2024 financial results before the market opens on Friday,...

18 hours ago - GlobeNewsWire

Glo Fiber Announces Broadband Expansion in Ohio

100% fiber-optic network will bring multi-gigabit speeds to over 40,000 homes and businesses EDINBURG, Va. , April 18, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ...

6 days ago - PRNewsWire

Shenandoah Telecommunications Company Announces Rebranding of Horizon Telcom to Glo Fiber

EDINBURG, Va. , April 15, 2024 /PRNewswire/ -- Shenandoah Telecommunications Company ("Shentel" or the "Company") (Nasdaq: SHEN) announced the rebranding of Horizon Telcom ("Horizon") to Glo Fiber.

9 days ago - PRNewsWire

Shenandoah Telecommunications Company Completes Acquisition of Horizon Telcom

EDINBURG, Va., April 01, 2024 (GLOBE NEWSWIRE) --  Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today the completion of its acquisition of Horizon Acquis...

23 days ago - GlobeNewsWire

Shenandoah Telecommunications Company Completes Sale of its Towers

EDINBURG, Va., March 29, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced that it has completed the initial closing of the previousl...

26 days ago - GlobeNewsWire

Glo Fiber Launches Lightning Fast Fiber Optic Internet in Salisbury, Maryland

EDINBURG, Va. , March 19, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service i...

5 weeks ago - PRNewsWire

Shenandoah Telecommunications to Present at the New Street Research and BCG Fiber to the Future 2024 Conference

EDINBURG, Va., March 18, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) announced that Ed McKay, Chief Operating Officer, will participate in a panel discussion...

5 weeks ago - GlobeNewsWire

Glo Fiber Announces Expansion of its Fiber Network to Frederick County, Maryland

Expansion will bring internet speeds up to 5 Gbps to over 40,000 homes and businesses EDINBURG, Va. , March 12, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shent...

6 weeks ago - PRNewsWire

Shenandoah Telecommunications Company to Sell its Towers for $310 Million

EDINBURG, Va., March 01, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced that it has entered into a Purchase and Sale Agreement wit...

7 weeks ago - GlobeNewsWire

Glo Fiber Business and CoreSite to Expand Network Connectivity to Washington, D.C.

EDINBURG, Va. , Feb. 21, 2024 /PRNewswire/ -- Glo Fiber Business, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), is proud to announce an agreement with CoreSite to secure...

Other symbols: AMT
2 months ago - PRNewsWire

Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2023 Results

EDINBURG, Va., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2023 financial and operating results.

2 months ago - GlobeNewsWire

Glo Fiber Announces Expansion to Kingsmill in Williamsburg, VA

Fiber optic network will bring internet speeds up to 5 Gbps to the premier community EDINBURG, Va. , Feb. 13, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel...

2 months ago - PRNewsWire

Shentel's Employee Volunteer Initiative Gives Back to Local Charities

EDINBURG, Va. , Feb. 6, 2024 /PRNewswire/ -- Shenandoah Telecommunications Company (Nasdaq: SHEN), a leading provider of telecommunications services, announced today that employees volunteered more th...

2 months ago - PRNewsWire

Shenandoah Telecommunications Company to Hold its Fourth Quarter and Full Year 2023 Earnings Call at 8:30 a.m. on Wednesday, February 21, 2024

EDINBURG, Va., Feb. 02, 2024 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its fourth quarter and full year 2023 financial results before the market op...

2 months ago - GlobeNewsWire

Glo Fiber Launches Lightning Fast Fiber Optic Internet in Rockingham County, VA

EDINBURG, Va. , Jan. 16, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service is...

3 months ago - PRNewsWire

Glo Fiber Announces Expansion of its Fiber Network to Springettsbury Township, PA

Expansion will bring internet speeds up to 5 Gbps to over 7,500 homes and businesses EDINBURG, Va. , Jan. 10, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel...

3 months ago - PRNewsWire

Glo Fiber Launches Lightning Fast Fiber Optic Internet in Spring Garden, Pennsylvania

EDINBURG, Va. , Jan. 4, 2024 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service is ...

3 months ago - PRNewsWire

Top 5 Tech And Telecom Stocks That Are Set To Fly In Q4 - Charge Enterprises (NASDAQ:CRGE), Fangdd Network Group (NASDAQ:DUO)

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: DUOGPAKKRKR
4 months ago - Benzinga

Shenandoah Telecommunications Company Reports Third Quarter 2023 Results

EDINBURG, Va., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced third quarter 2023 financial and operating results.

6 months ago - GlobeNewsWire

Glo Fiber Announces Expansion of its Fiber Network to City of Lancaster, PA

Expansion will bring internet speeds up to 5 Gbps to over 20,000 homes and businesses EDINBURG, Va. , Nov. 1, 2023 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel...

6 months ago - PRNewsWire

Shenandoah Telecommunications Company to Acquire Horizon Telcom

EDINBURG, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel” or the “Company”) (Nasdaq: SHEN) announced today it has entered into a definitive agreement to acquire...

6 months ago - GlobeNewsWire

Shenandoah Telecommunications Company Announces 2023 Annual Dividend

EDINBURG, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Shenandoah Telecommunications Company (Shentel) (NASDAQ: SHEN) declared a cash dividend of $0.09 per share.

6 months ago - GlobeNewsWire

Shenandoah Telecommunications Company to Hold its Third Quarter 2023 Earnings Call at 8:30 a.m. on Friday, November 3, 2023

EDINBURG, Va., Oct. 19, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its third quarter 2023 financial results before the market opens on Friday, ...

6 months ago - GlobeNewsWire

Shentel selects Render's construction technology to more efficiently manage Glo Fiber's expansion

DENVER--(BUSINESS WIRE)-- #Broadband--Global leader in geospatial network construction technology, Render Networks, today announced that Shenandoah Telecommunications Company (Shentel) (Nasdaq: SHEN) ...

7 months ago - Business Wire

Glo Fiber Launches Lightning Fast Fiber Optic Internet in Waynesboro and Greencastle, Pennsylvania

EDINBURG, Va. , Sept. 12, 2023 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced that future-proof, 100% fiber optic broadband service i...

8 months ago - PRNewsWire