United States Cellular Corporation (USM)

NYSE: USM · Real-Time Price · USD
63.27
+1.11 (1.79%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.79%
Market Cap 5.44B
Revenue (ttm) 3.80B
Net Income (ttm) -30.00M
Shares Out 85.98M
EPS (ttm) -0.35
PE Ratio n/a
Forward PE 67.19
Dividend n/a
Ex-Dividend Date n/a
Volume 144,805
Open 62.72
Previous Close 62.16
Day's Range 62.28 - 64.49
52-Week Range 32.01 - 68.31
Beta 0.47
Analysts Buy
Price Target 80.00 (+26.44%)
Earnings Date Nov 1, 2024

About USM

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides wireless devices, such as handsets, tablets, mobile hotspots, home phones, and routers, as well as wireless essentials, including cases, screen protectors, chargers, and memory cards; and consumer electronics comprising audio, home automation, and networking products. In addition, it sells wireless devices to agents and other third-party distr... [Read more]

IPO Date May 4, 1988
Employees 4,300
Stock Exchange NYSE
Ticker Symbol USM
Full Company Profile

Financial Performance

In 2023, United States Cellular's revenue was $3.91 billion, a decrease of -6.31% compared to the previous year's $4.17 billion. Earnings were $54.00 million, an increase of 80.00%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for USM stock is "Buy." The 12-month stock price forecast is $80.0, which is an increase of 26.44% from the latest price.

Price Target
$80.0
(26.44% upside)
Analyst Consensus: Buy
Stock Forecasts

News

TDS and UScellular to attend upcoming conferences

CHICAGO , Nov. 20, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be attending the following conferences. Wells Fargo 8th Ann...

Other symbols: TDS
20 hours ago - PRNewsWire

US Cellular to sell some spectrum licenses to AT&T for $1 bln

United States Cellular said on Thursday it has agreed to sell a portion of spectrum licenses used to transmit mobile phone signals and high-speed data services to AT&T in a $1.02 billion deal.

Other symbols: T
13 days ago - Reuters

UScellular announces sale of select spectrum assets to AT&T for $1.018 billion

CHICAGO , Nov. 7, 2024 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) today has announced that it has entered into an agreement with AT&T (NYSE: T) to sell a portion of the Company's r...

Other symbols: T
13 days ago - PRNewsWire

United States Cellular Q3 Earnings: 2 Very Different Paths

US Cellular's Q3 earnings were disappointing with misses on both EPS and Revenue. If the sale to T-Mobile is approved, US Cellular shareholders are likely to see significant upside from the sale price...

18 days ago - Seeking Alpha

United States Cellular Corporation (USM) Q3 2024 Earnings Call Transcript

United States Cellular Corporation (NYSE:USM) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Colleen Thompson - Vice President, Corporate Relations Vicki Villacrez...

19 days ago - Seeking Alpha

UScellular reports third quarter 2024 results

CHICAGO, Nov. 1, 2024 /PRNewswire/ -- As previously announced, UScellular will hold a teleconference on November 1, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page ...

19 days ago - PRNewsWire

TDS and UScellular to release third quarter operating results and host conference call on November 1, 2024

CHICAGO , Oct. 25, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their third quarter operating results confere...

Other symbols: TDS
26 days ago - PRNewsWire

Overlooked Stock: USM

U.S. Cellular (USM) shares popped to 16-year highs after a agreeing to a deal to sell spectrum licenses to Verizon (VZ). George Tsilis dives into the cellular phone space and how this deal is tied to ...

4 weeks ago - Schwab Network

US Cellular to sell select spectrum assets to Verizon for $1 bln

United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon in a $1 billion deal.

Other symbols: VZ
4 weeks ago - Reuters

UScellular announces sale of select spectrum assets for $1.0 billion

CHICAGO , Oct. 18, 2024 /PRNewswire/ -- United States Cellular Corporation (NYSE: USM) has entered into an agreement with Verizon Communications Inc. (NYSE, Nasdaq: VZ) to sell a portion of the Compan...

4 weeks ago - PRNewsWire

US Cellular And Telephone And Data Systems: Preferreds Are Still Discounted

Telephone And Data Systems preferred stock offers an 8% yield on cost for 76 cents on the dollar. The stocks are still discounted against pending asset sales, savings from a right-sized dividend, and ...

2 months ago - Seeking Alpha

TDS Telecom and UScellular participating in upcoming September conferences

CHICAGO , Aug. 26, 2024 /PRNewswire/ -- TDS Telecom, a wholly-owned subsidiary of Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE:USM), will each be attending...

Other symbols: TDS
3 months ago - PRNewsWire

UScellular leverages latest Ericsson router technology to elevate 5G infrastructure in rural America

Ericsson and UScellular are collaborating to enhance 5G transport infrastructure and reliable 5G networks in rural communities across the U.S. Local economies will receive a boost by the enablement of...

Other symbols: ERIC
3 months ago - PRNewsWire

UScellular reports second quarter 2024 results

2024 guidance reaffirmed CHICAGO , Aug. 2, 2024 /PRNewswire/ -- As previously announced, UScellular will hold a teleconference on August 2, 2024, at 9:00 a.m. CDT. Listen to the call live via the Even...

3 months ago - PRNewsWire

TDS and UScellular to release second quarter operating results and host conference call on August 2, 2024

CHICAGO , July 26, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their second quarter operating results confer...

Other symbols: TDS
4 months ago - PRNewsWire

Six US Senators Send Letter Objecting to $4.4 Billion T-Mobile-US Cellular Deal

The deal would add about 4.5 million customers to T-Mobile and expand the company's wireless network to more rural areas.

Other symbols: TMUS
4 months ago - CNET

Warren sounds alarm on T-Mobile, U.S. Cellular deal with Justice Department, FCC

Six senators are asking the Justice Department and the Federal Communications Commission to consider challenging a deal that would allow T-Mobile to use part U.S. Cellular's wireless spectrum. New let...

Other symbols: TMUS
4 months ago - CNBC

T-Mobile's Game-Changing $4.4 Billion Deal With U.S. Cellular Sets New Record Highs - T-Mobile US (NASDAQ:TMUS)

T-Mobile Us Inc TMUS is boosting its network by acquiring United States Cellular Corp USM wireless operations and much of its spectrum assets for $4.4 billion. This aims to improve T-Mobile's coverage...

Other symbols: TMUS
6 months ago - Benzinga

T-Mobile to Acquire UScellular Wireless Operations and Deliver Exceptional Value, a Superior 5G Experience and Unparalleled Benefits to Millions of Customers

BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile (NASDAQ: TMUS) and UScellular (NYSE: USM) today announced that T-Mobile has agreed to acquire substantially all of UScellular's wireless operations. This inc...

Other symbols: TMUS
6 months ago - Business Wire

T-Mobile Scoops Up US Cellular Assets for $2.4 Billion

T-Mobile US Inc., the second-largest mobile carrier in the US, has agreed to buy US Cellular Corp.'s wireless operations and some of its spectrum assets for about $2.4 billion. Bloomberg's Lynn Doan r...

Other symbols: TMUS
6 months ago - Bloomberg Markets and Finance

T-Mobile to buy almost all of U.S. Cellular in deal worth $4.4 billion

T-Mobile is buying U.S. Cellular's wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry. T-Mobile would get more than 4 million new ...

Other symbols: TMUS
6 months ago - New York Post

T-Mobile keeps getting bigger: Now it's buying U.S. Cellular to beef up service in rural areas

The announcement comes one month after T-Mobile's deal to scoop up Mint Mobile was approved and four years after it merged with Sprint.

Other symbols: TMUS
6 months ago - Fast Company

T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal — what it means for customers

T-Mobile will use U.S. Cellular's wireless operations to improve coverage in rural areas. Here's how the news impacts current customers.

Other symbols: TMUS
6 months ago - The Street

US Cellular Surges as T-Mobile To Pay $4.4B for Most of Carrier's Operations

Telecommunications giant T-Mobile (TMUS) announced Tuesday that it would acquire "substantially all" of U.S. Cellular's (USM) wireless operations in a deal valued at $4.4 billion.

Other symbols: TMUS
6 months ago - Investopedia