Turkcell Iletisim Hizmetleri AS (NYSE:TKC – Get Free Report) reached a new 52-week low during trading on Thursday . The stock traded as low as $4.82 and last traded at $4.9280, with a volume of 4955868 shares changing hands. The stock had previously closed at $5.19.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings restated a “hold (c)” rating on shares of Turkcell Iletisim Hizmetleri AS in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Turkcell Iletisim Hizmetleri AS has a consensus rating of “Hold”.
View Our Latest Stock Analysis on Turkcell Iletisim Hizmetleri AS
Turkcell Iletisim Hizmetleri AS Stock Up 0.1%
Turkcell Iletisim Hizmetleri AS (NYSE:TKC – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The Wireless communications provider reported $0.13 earnings per share for the quarter. Turkcell Iletisim Hizmetleri AS had a return on equity of 6.52% and a net margin of 7.13%.The business had revenue of $1.58 billion for the quarter. As a group, analysts expect that Turkcell Iletisim Hizmetleri AS will post 0.53 earnings per share for the current fiscal year.
Turkcell Iletisim Hizmetleri AS Dividend Announcement
The business also recently disclosed an annual dividend, which will be paid on Thursday, December 17th. Shareholders of record on Thursday, December 10th will be issued a $0.2168 dividend. The ex-dividend date is Thursday, December 10th. This represents a yield of 425.0%. Turkcell Iletisim Hizmetleri AS’s dividend payout ratio (DPR) is 14.29%.
Hedge Funds Weigh In On Turkcell Iletisim Hizmetleri AS
Hedge funds have recently bought and sold shares of the business. TD Waterhouse Canada Inc. boosted its position in shares of Turkcell Iletisim Hizmetleri AS by 87.5% in the second quarter. TD Waterhouse Canada Inc. now owns 7,500 shares of the Wireless communications provider’s stock worth $44,000 after purchasing an additional 3,500 shares during the period. Greenspring Advisors LLC purchased a new stake in Turkcell Iletisim Hizmetleri AS during the fourth quarter valued at approximately $63,000. SmartHarvest Portfolios LLC purchased a new stake in shares of Turkcell Iletisim Hizmetleri AS in the first quarter valued at $81,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in Turkcell Iletisim Hizmetleri AS by 45.1% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 14,861 shares of the Wireless communications provider’s stock worth $90,000 after purchasing an additional 4,622 shares during the last quarter. Finally, Sei Investments Co. grew its position in Turkcell Iletisim Hizmetleri AS by 34.7% in the 1st quarter. Sei Investments Co. now owns 15,808 shares of the Wireless communications provider’s stock valued at $95,000 after acquiring an additional 4,068 shares during the last quarter.
Turkcell Iletisim Hizmetleri AS Company Profile
Turkcell İletişim Hizmetleri A.Ş. is a telecommunications and technology company headquartered in Istanbul, Türkiye. Founded in 1994, the company operates one of Türkiye’s major mobile communications networks and provides wireless voice, messaging and data services to individual and business customers.
In addition to mobile connectivity, Turkcell offers fixed broadband, fiber internet, pay television and other digital services. Its portfolio includes cloud and data-center services, cybersecurity, digital communication and content platforms, and technology solutions for corporate and government customers.
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