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TDS

Telephone and Data Systems, Inc.

TDS

NYSE·Communication Services·Telecommunications Services·Mkt cap $3.9B

$35.76

-3.59%

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Our plain-language verdict, the thesis, risk factors, and what is changing about the business.

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52-Week Range

$34.94 - $49.12

P/E

20.48

Fwd P/E

27.38

Beta

0.30

Div Yield

28.07%

Avg Vol

1.0M

Shares Out

106.3M

Mkt Cap

$3.9B

Price action

Price chart

Up 4.3% over the trailing year

1W
1M
3M
6M
YTD
1Y
5Y
MAX

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Strong presence in rural and underserved markets where larger competitors have limited infrastructure investment
  • Integrated multi-service platform combining wireless, broadband, video, and voice services for bundled customer offerings
  • Specialized IoT and business automation solutions providing higher-margin revenue streams and enterprise customer relationships
  • Established customer base of 6.2 million total connections providing stable recurring revenue and customer loyalty

Bear Case

2 risks

  • Low volatility (beta 0.3).
  • Significant premium - growth priced in

Growth

Revenue decline expected

Expansion of IoT solutions and private cellular network offerings to enterprise and government customers

Value

Significant premium - growth priced in

Momentum

Weak

-17.4% over 3m

Quality

Strong

Strong fundamentals

Dividend

High yield

28.07% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Apr 30, 2026

Q2 26 RECAP

MAY 8, 2026

Reported EPS of $1.11 vs -$0.44 consensus (+354.5% surprise). Revenue of $309.4M vs $313.3M expected (-1.2%).

EPS beat +354.5%
Revenue miss

EPS surprise · last 4Q

1 of 1 beats

Q2 26

+354.5%

Next: Apr 30, 2026

Revenue trend · last 8Q

-5%

-9%

-4%

-75%

-73%

-73%

Q2 24

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

$1.2B

$1.2B

$1.2B

$1.2B

$1.2B

$308.5M

$330.7M

$309.4M

Margins · last 8Q

Gross

Operating

Profit

47.0%

Wall Street consensus

2 analysts · 50% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

1

50%

Hold

1

50%

Sell

0%

Median Price Target

Latest: Raymond James · May 11, 2026

vs Industry

How TDS stacks vs Telecommunications Services

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.