Shenandoah Telecommunications Company (SHEN)

NASDAQ: SHEN · IEX Real-Time Price · USD
15.83
-0.37 (-2.28%)
Oct 7, 2022 4:00 PM EDT - Market closed
-2.28%
Market Cap 792.71M
Revenue (ttm) 255.28M
Net Income (ttm) 890.06M
Shares Out 50.08M
EPS (ttm) 0.09
PE Ratio 175.89
Forward PE 45.05
Dividend $0.07 (0.44%)
Ex-Dividend Date n/a
Volume 153,317
Open 16.11
Previous Close 16.20
Day's Range 15.63 - 16.28
52-Week Range 15.64 - 32.13
Beta 0.31
Analysts Sell
Price Target 19.38 (+22.4%)
Earnings Date Oct 26, 2022

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. Its Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky, via hybrid fiber coaxial cable under the Shentel brand, fiber optic services under the Glo Fiber brand, and fixed wireless network services under the Beam brand name. This ... [Read more...]

Industry Wireless Telecommunication Services
Founded 1902
CEO Christopher French
Employees 860
Stock Exchange NASDAQ
Ticker Symbol SHEN
Full Company Profile

Financial Performance

In 2021, SHEN's revenue was $245.24 million, an increase of 11.08% compared to the previous year's $220.78 million. Earnings were $998.83 million, an increase of 694.79%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for SHEN stock is "Sell." The 12-month stock price forecast is 19.38, which is an increase of 22.43% from the latest price.

Price Target
$19.38
(22.43% upside)
Analyst Consensus: Sell
Stock Forecasts

News

Glo Fiber Announces Expansion of its Fiber Network in Hanover County and Ashland, VA

Expansion will bring internet speeds up to 2 Gbps to the Greater Richmond Region EDINBURG, Va., Sept. 29, 2022 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Na...

1 week ago - PRNewsWire

Glo Fiber Announces Plans to Expand its High-Speed Fiber-Optic Network into York County, PA

Expansion will bring internet speeds up to 2 Gbps to a growing list of communities in Pennsylvania EDINBURG, Va. , Aug. 16, 2022 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Compa...

1 month ago - PRNewsWire

Shenandoah Telecommunications (SHEN) Reports Break-Even Earnings for Q2

Shenandoah Telecom (SHEN) delivered earnings and revenue surprises of -100% and 2.76%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Shenandoah Telecommunications Company Reports Second Quarter 2022 Results

EDINBURG, Va., Aug. 03, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced second quarter 2022 financial and operating results.

2 months ago - GlobeNewsWire

Shenandoah Telecommunications Company to Hold its Second Quarter 2022 Earnings Call at 8:30 a.m. on Wednesday, August...

EDINBURG, Va., July 27, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its second quarter 2022 financial results before the market opens on Wednesday...

2 months ago - GlobeNewsWire

Shentel Awarded Grant to bring its Glo Fiber High-Speed Network to Frederick County, Maryland

Expansion will bring internet speeds up to 2 Gbps to one of the fastest growing counties in Maryland EDINBURG, Va. , July 13, 2022 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Com...

2 months ago - PRNewsWire

Glo Fiber Enterprise to Offer Comprehensive Telecommunications Services to Massanutten Resort

New Partnership brings Voice and Internet Services to Year-Round Destination in Virginia EDINBURG, Va. , July 7, 2022 /PRNewswire/ -- Glo Fiber Enterprise, powered by Shenandoah Telecommunications Compa...

3 months ago - PRNewsWire

DARA LESLIE APPOINTED AS SENIOR VICE PRESIDENT OF SALES AND MARKETING FOR SHENTEL

Cable industry veteran will guide revenue strategy for the company EDINBURG, Va. , June 20, 2022 /PRNewswire/ -- Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN) today welcomed Dara Lesl...

3 months ago - PRNewsWire

Shentel Expanding its Glo Fiber High-Speed Network to Delaware

Expansion will bring internet speeds up to 2 Gbps to Sussex County, Delaware EDINBURG, Va. , June 16, 2022 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq...

3 months ago - PRNewsWire

Shentel Expanding its Glo Fiber High-Speed Network in South Central Pennsylvania

Expansion will bring internet speeds up to 2 Gbps to Waynesboro, Shippensburg, and Greencastle EDINBURG, Va. , May 25, 2022 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("...

4 months ago - PRNewsWire

Shentel to Expand its Glo Fiber High-Speed Fiber-Optic Network to Rockingham County, VA

Expansion will bring internet speeds up to 2 Gbps to six rural communities in the county EDINBURG, Va. , May 11, 2022 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shente...

4 months ago - PRNewsWire

Shenandoah Telecommunications (SHEN) Reports Q1 Loss, Tops Revenue Estimates

Shenandoah Telecom (SHEN) delivered earnings and revenue surprises of -125% and 2.71%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Shenandoah Telecommunications Company Reports First Quarter 2022 Results

EDINBURG, Va., April 28, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced first quarter 2022 financial and operating results.

5 months ago - GlobeNewsWire

Glo Fiber Announces Plans to Expand its High-Speed Fiber-Optic Network to York County, VA

Expansion will bring internet speeds of up to 2 Gbps to Northern York County EDINBURG, Va. , April 26, 2022 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasda...

5 months ago - PRNewsWire

Shenandoah Telecommunications Company to Hold its First Quarter 2022 Earnings Call at 8:00 a.m. on Friday, April 29, ...

EDINBURG, Va., April 21, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its first quarter 2022 financial results after the market closes on Thursday,...

5 months ago - GlobeNewsWire

Glo Fiber Announces Plans to Expand its High-Speed Fiber-Optic Network to Lancaster County, PA

Expansion will bring internet speeds of up to 2 Gbps to Lancaster Township, Mountville Borough, East Hempfield Township, West Lampeter, and Manheim Township EDINBURG, Va. , April 5, 2022 /PRNewswire/ --...

6 months ago - PRNewsWire

Shenandoah Telecommunications to Participate at the New Street Research & BCG Fiber to the Future – Global Infrastruc...

EDINBURG, Va., March 28, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (NASDAQ:  SHEN ) today announced that Ed McKay, Executive Vice President & Chief Operating Officer, wi...

6 months ago - GlobeNewsWire

Glo Fiber Expands into Salisbury, Maryland

EDINBURG, Va., March 8, 2022 /PRNewswire/ -- Glo Fiber, powered by Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), announced an agreement with the City of Salisbury to deploy next gene...

6 months ago - PRNewsWire

Shenandoah Telecommunications to Present at the Raymond James 43rd Annual Institutional Investors Conference

EDINBURG, Va., March 01, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (NASDAQ:  SHEN ) today announced that Jim Volk, Chief Financial Officer, and Ed McKay, Chief Operating...

7 months ago - GlobeNewsWire

Shenandoah Telecommunications (SHEN) Q4 Earnings Surpass Estimates

Shenandoah Telecom (SHEN) delivered earnings and revenue surprises of 50% and 0.13%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

7 months ago - Zacks Investment Research

Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2021 Results

EDINBURG, Va., Feb. 28, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”) (Nasdaq: SHEN) announced fourth quarter and full year 2021 financial and operating results.

7 months ago - GlobeNewsWire

Shenandoah Telecommunications Company Names Victor C. Barnes to Board of Directors

EDINBURG, Va., Feb. 23, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) announced the appointment of Victor C. Barnes to its board of directors and to its Audit Co...

7 months ago - GlobeNewsWire

Shenandoah Telecommunications (SHEN) Reports Next Week: Wall Street Expects Earnings Growth

Shenandoah Telecom (SHEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

7 months ago - Zacks Investment Research

Shenandoah Telecommunications Company to Hold its Fourth Quarter 2021 Earnings Call at 8:00 a.m. on Tuesday, March 1,...

EDINBURG, Va., Feb. 15, 2022 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (Shentel) (NASDAQ:SHEN) will release its fourth quarter 2021 financial results after the market closes on Monday, F...

7 months ago - GlobeNewsWire

SHENTEL BUSINESS ANNOUNCES REBRANDING, CHANGES NAME TO GLO FIBER ENTERPRISE

EDINBURG, Va., Jan. 25, 2022 /PRNewswire/ -- Shenandoah Telecommunications Company ("Shentel") (Nasdaq: SHEN), a leading internet provider serving the Mid-Atlantic region, unveiled a complete rebranding...

8 months ago - PRNewsWire