T-Mobile US (TMUS) Scheduled to Post Earnings on Thursday

T-Mobile US (NASDAQ:TMUS) will be posting its quarterly earnings results after the market closes on Thursday, April 25th. Analysts expect T-Mobile US to post earnings of $1.93 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). The firm had revenue of $20.48 billion for the quarter, compared to analyst estimates of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter last year, the business earned $1.18 EPS. On average, analysts expect T-Mobile US to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

T-Mobile US Trading Up 0.2 %

Shares of T-Mobile US stock opened at $160.09 on Thursday. T-Mobile US has a 12-month low of $124.92 and a 12-month high of $168.64. The company has a 50-day simple moving average of $162.28 and a 200 day simple moving average of $155.91. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $190.01 billion, a P/E ratio of 23.10, a price-to-earnings-growth ratio of 0.65 and a beta of 0.49.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s dividend payout ratio is currently 37.52%.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $162.75, for a total value of $31,721,602.50. Following the sale, the director now directly owns 690,515,561 shares in the company, valued at $112,381,407,552.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction that occurred on Wednesday, January 24th. The shares were sold at an average price of $162.75, for a total value of $31,721,602.50. Following the sale, the director now directly owns 690,515,561 shares in the company, valued at $112,381,407,552.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Teresa Taylor sold 12,022 shares of the business’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $161.80, for a total transaction of $1,945,159.60. Following the transaction, the director now owns 13,014 shares in the company, valued at $2,105,665.20. The disclosure for this sale can be found here. Insiders have sold 5,835,666 shares of company stock worth $947,456,630 over the last ninety days. Insiders own 0.70% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

A number of institutional investors have recently added to or reduced their stakes in TMUS. SkyView Investment Advisors LLC bought a new position in T-Mobile US during the first quarter worth $31,000. LM Advisors LLC bought a new position in T-Mobile US during the fourth quarter worth $33,000. KB Financial Partners LLC bought a new position in T-Mobile US during the first quarter worth $39,000. Main Street Group LTD bought a new position in T-Mobile US during the fourth quarter worth $53,000. Finally, Worth Asset Management LLC bought a new position in T-Mobile US during the first quarter worth $62,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Morgan Stanley increased their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a report on Monday, January 29th. Wells Fargo & Company raised their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Monday, January 22nd. Citigroup raised their target price on shares of T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research note on Monday, March 25th. KeyCorp reduced their target price on shares of T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a research note on Friday, January 26th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $184.00 target price on shares of T-Mobile US in a research note on Wednesday, March 20th. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $185.93.

About T-Mobile US

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.