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USCommunication Services

Telephone and Data Systems Inc (TDS)

US · Communication Services · Telecom Services

$36.07-2.70%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$309.3M
Revenue YoY
-73.9%
Net profit
$298.4M
Profit YoY
+2386.4%
EPS
$2.24
EPS estimate
$0.12
Net margin
96.5%

EPS came in at 2.24 against a street estimate of 0.12 — a beat of 1766.7%.

Key statistics

Market cap
$4.31B
P/E
9.5
Forward P/E
39.1
P/B
1.06
Book value
$33.82
EPS (TTM)
$3.95
Dividend yield
0.42%
52-week high
$49.07
52-week low
$31.51
50-day MA
$34.63
200-day MA
$40.43
Beta
0.34

Analyst view

Analysts rate Telephone and Data Systems Inc a buy (2 buy, 0 hold, 0 sell out of 2) with an average price target of $47.50.

From the latest earnings call · 2026-08-07

CONFIDENT TDS Telecom accelerated fiber builds to record pace (66K addresses Q2; guidance raised to 250–300K FY26). Array monetized 70% spectrum, grew tower tenancy. Both units advance strategic priorities with improved financial flexibility post-transactions. Q2 2026 Not disclosed by geography; focus on EA-CAM (22 states) and service areas for TDS Telecom; Array nationwide tower portfolio. Analysts probed satellite/fiber competition (management emphasized first-to-fiber advantage, strong EA-CAM demand), buyback timing and C-band sale process (TDS blocked by offer, C-band sale pending market conditions), and EBITDA inflection (fiber growth, cost transformation, address acceleration). Management confident in fiber strategy and disciplined on asset sales. 2026-08-07…

Full summary in the app.

Shareholding

Insiders
8.67%
Institutions
101.27%

Largest institutional holders

FundStake
BlackRock Inc12.96%
Third Point, LLC5.73%
Dimensional Fund Advisors, Inc.5.51%
Vanguard Portfolio Management, LLC5.43%
Carronade Capital Management LP4.62%
American Century Companies Inc4.10%
Vanguard Capital Management, LLC3.74%
Oaktree Capital Management LLC3.73%

Recent filings & reports

DocumentDate
Company announcement · Q3 2026
TELEPHONE AND DATA SYSTEMS, INC. – FORM 8-K SUMMARY HEADLINE NUMBERS • Report Date: September 1, 2026 • Company: Telephone and Data Systems, Inc. (T
2026-09-02
Quarterly report · Q2 2026
TELEPHONE AND DATA SYSTEMS, INC. — FORM 10-Q SUMMARY For Quarter Ended June 30, 2026 --- HEADLINE NUMBERS • Total Operating Revenues (6 months): $6
2026-08-07
Results announced · Q3 2026
TDS Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Q2 2026 Total Operating Revenues: $309.3 million vs. $298.5 million in Q2 2025 (+4%) • Q2 2026 Net I
2026-08-07
Acquisition completed · Q2 2026
SUMMARY FOR RETAIL INVESTORS: TELEPHONE AND DATA SYSTEMS, INC. (TDS) HEADLINE NUMBERS • Spectrum Asset Sale Completed: Array Digital Infrastructure,
2026-06-01
Shareholder vote results · Q2 2026
TELEPHONE AND DATA SYSTEMS, INC. (TDS) – FORM 8-K SUMMARY HEADLINE NUMBERS • Annual shareholder meeting held May 21, 2026 • Eight directors elected
2026-05-26
Quarterly report · Q1 2026
TELEPHONE AND DATA SYSTEMS, INC. - Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Net income attributable to TDS shareholders: $144.6 million (Q1 2026) vs.
2026-05-08
Proxy statement · Q2 2026
TDS PROXY STATEMENT SUMMARY --- EXECUTIVE COMPENSATION • CEO Walter C. D. Carlson's total 2025 compensation: The document references compensation t
2026-04-08
Annual report FY2025
TELEPHONE AND DATA SYSTEMS, INC. — 10-K SUMMARY HEADLINE NUMBERS • Annual report for fiscal year ended December 31, 2025 • TDS owns 82.0% of Array D
2026-02-24

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.04 / share
ex-date Sep 15, 2026 · pay Sep 30, 2026
2026-09-15
Dividend$0.04 / share
ex-date Jun 16, 2026 · pay Jun 30, 2026
2026-06-16
Dividend$0.04 / share
ex-date Mar 16, 2026 · pay Mar 31, 2026
2026-03-16
Dividend$0.04 / share
ex-date Dec 15, 2025 · pay Dec 30, 2025
2025-12-15
Dividend$0.04 / share
ex-date Sep 15, 2025 · pay Sep 30, 2025
2025-09-15

Deals & corporate news

AnnouncementDate
Special dividend of $11.00 per share declared following asset sale
Array Digital Infrastructure (formerly US Cellular), a subsidiary of Telephone and Data Systems (TDS), completed the sale of spectrum assets to Verizon for $1.0 billion in cash on June 1, 20
2026-06-01
Proposal submitted to acquire remaining shares of Array Digital Infrastructure
On May 8, 2026, Telephone and Data Systems, Inc. (TDS) announced a proposal to acquire all remaining shares of Array Digital Infrastructure, Inc. (Array) that it does not already own through
2026-05-08

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Data updated 2026-09-18.