T-Mobile US (TMUS) Projected to Post Quarterly Earnings on Wednesday

T-Mobile US (NASDAQ:TMUS) is expected to release its earnings data before the market opens on Wednesday, January 29th. Analysts expect T-Mobile US to post earnings of $2.15 per share and revenue of $21,372,409.14 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. T-Mobile US’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the company posted $1.82 earnings per share. On average, analysts expect T-Mobile US to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

T-Mobile US Stock Performance

TMUS opened at $219.49 on Wednesday. The stock has a market capitalization of $254.72 billion, a price-to-earnings ratio of 25.03, a PEG ratio of 1.09 and a beta of 0.56. The company has a fifty day moving average of $228.55 and a 200 day moving average of $210.98. T-Mobile US has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.60%. T-Mobile US’s payout ratio is 40.14%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the completion of the transaction, the director now directly owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. This represents a 7.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the transaction, the director now owns 5,021 shares of the company’s stock, valued at $1,241,140.99. This represents a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 164,200 shares of company stock worth $37,407,303. Company insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wells Fargo & Company cut shares of T-Mobile US from an “overweight” rating to an “equal weight” rating and dropped their price objective for the stock from $240.00 to $220.00 in a research note on Monday, January 6th. Evercore ISI lifted their price objective on shares of T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. JPMorgan Chase & Co. raised their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. TD Cowen raised their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Finally, UBS Group raised their target price on shares of T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus target price of $245.74.

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.