Reading the tape
NASDAQ: SHEN
Shenandoah Telecommunications Company
Communication Services · Telecommunications Services
Market Cap
$869.89M
52w High
$17.35
52w Low
$9.67
P/E
-23.84
Volume
622.39K
Outstanding Shares
55.30M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 41.2%Revenue (TTM): -18.84%FCF (TTM): -7.47%P/E: 0th pct
What changed
The stock rose 41.2% over the last year. Revenue declined 18.84% over the trailing twelve months. Operating margin moved from -8.72% to -10.34%. Free cash flow declined 7.47% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly weakening underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at -10.34%. A decisive move in revenue — currently down 18.84% — would be the clearest signal to resolve the ambiguity.
Company profile
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.
CEOEdward H. McKay
SectorCommunication Services
IndustryTelecommunications Services
Employees1,089
IPO dateApr 26, 1999
Valuation
Forward P/E—
EV/EBITDA10.69
Enterprise value$1.23B
Stock splits
Jan 5, 2016↑ Forward
Every 1 shares became 2
Aug 20, 2007↑ Forward
Every 1 shares became 3
Feb 23, 2004↑ Forward
Every 1 shares became 2
Profitability & growth
Revenue growth-100%
Gross margin37.95%▼55.93%vs FY2024
Operating margin-10.34%▲29.25%vs FY2024
ROE-4.47%▼121.58%vs FY2024
Analyst consensus
RatingBuy
Target price$29.00▲84.36%
4
Buy
4
Hold
0
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 1, 2026
Q2 FY26 · EPS est -$0.24 · Revenue est $91.34M
View
Dividends
$0.11/shareAnnual3yr growth streakAt RiskSHEN pays a dividend with a 0.7% dividend yield, 3 consecutive years of growth, covered -42.9× by free cash flow.
Dividend Yield
0.7%
Annual Div / Share
$0.11
5yr CAGR
-20.2%
Dividend has been cut
Payout Ratio
—
At Risk
Dividend Growth Rate
3yr CAGR
+11.2%
5yr CAGR
-20.2%
10yr CAGR
-7.51%
Dividend Safety
0/10At Risk
Dividend History
Annual dividends paid per share
YearAnnual DivYoY
2025$0.11+10.0%
2024$0.10+11.1%
2023$0.09+12.5%
2022$0.08-99.6%
2021$18.82+5435.3%
2020$0.34+17.2%
2019$0.29+7.4%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$7/yr
$1/mo
In 5 yrs
$7/yr
$1/mo
In 10 yrs
$7/yr
$1/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$7/yr $1/mo | $7/yr $1/mo | $7/yr $1/mo |
Analysis
Dividend Strengths
No strong strength signal stands out from the latest period pair.
Risks to Watch
Dividend exceeds free cash flow
Free cash flow covers only -42.92× the dividend. The company is paying out more than it generates in cash, which is unsustainable without borrowing or asset sales.
Dividend has been reduced
The 5-year dividend CAGR of -20.2% is negative, indicating the payout has been cut over this period.