T-Mobile US (TMUS) to Release Quarterly Earnings on Thursday

T-Mobile US (NASDAQ:TMUS) will be releasing its earnings data after the market closes on Thursday, April 25th. Analysts expect T-Mobile US to post earnings of $1.93 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.23). The business had revenue of $20.48 billion during the quarter, compared to analysts’ expectations of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The business’s revenue was up 1.0% on a year-over-year basis. During the same period in the previous 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 Stock Performance

Shares of NASDAQ TMUS opened at $163.25 on Wednesday. The stock has a market cap of $193.76 billion, a price-to-earnings ratio of 23.56, a P/E/G ratio of 0.66 and a beta of 0.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. T-Mobile US has a 1-year low of $124.92 and a 1-year high of $168.64. The stock’s 50-day moving average is $162.33 and its 200 day moving average is $156.71.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.59%. T-Mobile US’s payout ratio is 37.52%.

Insider Activity at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the sale, the insider now directly owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the transaction, the insider now owns 125,687 shares in the company, valued at approximately $20,514,632.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Callie R. Field sold 5,844 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $168.44, for a total transaction of $984,363.36. Following the completion of the sale, the insider now directly owns 102,555 shares of the company’s stock, valued at approximately $17,274,364.20. The disclosure for this sale can be found here. Insiders sold a total of 5,995,889 shares of company stock worth $972,451,611 over the last 90 days. Company insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on TMUS shares. Raymond James lifted their price target on T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research report on Friday, January 26th. Morgan Stanley lifted their price objective on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Tigress Financial lifted their price objective on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Royal Bank of Canada restated an “outperform” rating and issued a $184.00 price target on shares of T-Mobile US in a research note on Wednesday, March 20th. Finally, Benchmark restated a “buy” rating and issued a $200.00 price target on shares of T-Mobile US in a research note on Friday, January 26th. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $185.93.

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.