Zacks Research Has Bullish Forecast for TDS Q3 Earnings

Telephone and Data Systems, Inc. (NYSE:TDS) – Analysts at Zacks Research upped their Q3 2026 earnings estimates for shares of Telephone and Data Systems in a report issued on Wednesday, January 22nd. Zacks Research analyst R. Department now expects that the Wireless communications provider will post earnings per share of ($0.07) for the quarter, up from their previous 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.

Telephone and Data Systems (NYSE:TDS) last announced its quarterly earnings data on Friday, November 1st. The Wireless communications provider reported $0.01 earnings per share for the quarter, topping the consensus estimate of ($0.18) by $0.19. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.24 billion. Telephone and Data Systems had a positive return on equity of 1.12% and a negative net margin of 10.72%. Telephone and Data Systems’s revenue for the quarter was down 4.2% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.16) EPS.

TDS has been the topic of a number of other reports. Raymond James upgraded Telephone and Data Systems from a “market perform” rating to an “outperform” rating and set a $51.00 price target on the stock in a research report on Thursday, November 7th. JPMorgan Chase & Co. lifted their price objective on Telephone and Data Systems from $39.00 to $40.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th.

Telephone and Data Systems Price Performance

Shares of Telephone and Data Systems stock opened at $35.99 on Monday. Telephone and Data Systems has a twelve month low of $13.69 and a twelve month high of $36.53. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.44 and a current ratio of 1.59. The firm’s 50-day simple moving average is $34.12 and its 200-day simple moving average is $27.51. The firm has a market cap of $4.07 billion, a P/E ratio of -6.66 and a beta of 0.81.

Hedge Funds Weigh In On Telephone and Data Systems

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Quarry LP bought a new position in shares of Telephone and Data Systems in the second quarter valued at $40,000. Independence Bank of Kentucky acquired a new stake in Telephone and Data Systems in the 4th quarter worth about $41,000. Versant Capital Management Inc boosted its stake in shares of Telephone and Data Systems by 14.5% in the fourth quarter. Versant Capital Management Inc now owns 2,395 shares of the Wireless communications provider’s stock valued at $82,000 after buying an additional 303 shares during the period. CWM LLC grew its holdings in shares of Telephone and Data Systems by 26.8% during the 3rd 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 boosted its position in shares of Telephone and Data Systems by 10.2% during the 3rd quarter. GAMMA Investing LLC now owns 5,302 shares of the Wireless communications provider’s stock worth $123,000 after acquiring an additional 490 shares in the last quarter. 80.00% of the stock is owned by institutional investors and hedge funds.

Telephone and Data Systems Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a dividend of $0.04 per share. The ex-dividend date was Monday, December 16th. This represents a $0.16 annualized dividend and a yield of 0.44%. Telephone and Data Systems’s dividend payout ratio (DPR) is currently -2.96%.

Telephone and Data Systems Company Profile

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.