Shenandoah Telecommunications (NASDAQ:SHEN) Cut to “Sell” at Wall Street Zen

Posted by George Bondi on Nov 3rd, 2026

Wall Street Zen cut shares of Shenandoah Telecommunications (NASDAQ:SHEN – Free Report) from a hold rating to a sell rating in a report released on Saturday morning,Wall Street Zen reports.

Several other brokerages have also recently weighed in on SHEN. Weiss Ratings reiterated a “sell (d-)” rating on shares of Shenandoah Telecommunications in a research note on Thursday. BWS Financial reissued a “buy” rating and issued a $26.00 price objective on shares of Shenandoah Telecommunications in a report on Thursday, July 30th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $27.50.

View Our Latest Analysis on Shenandoah Telecommunications

Shenandoah Telecommunications Stock Performance

SHEN opened at $9.92 on Friday. The stock has a fifty day moving average of $11.31 and a 200-day moving average of $13.40. Shenandoah Telecommunications has a fifty-two week low of $9.13 and a fifty-two week high of $17.34. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.71 and a quick ratio of 0.85.

Shenandoah Telecommunications (NASDAQ:SHEN – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The utilities provider reported ($0.19) EPS for the quarter, beating the consensus estimate of ($0.23) by $0.04. Shenandoah Telecommunications had a negative net margin of 10.68% and a negative return on equity of 4.58%. The business had revenue of $93.93 million for the quarter, compared to the consensus estimate of $94.10 million. On average, research analysts forecast that Shenandoah Telecommunications will post -0.85 EPS for the current year.

Shenandoah Telecommunications Increases Dividend

The business also recently disclosed an annual dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Monday, November 2nd will be paid a dividend of $0.12 per share. This is a boost from Shenandoah Telecommunications’s previous annual dividend of $0.11. The ex-dividend date is Monday, November 2nd. This represents a yield of 121.0%. Shenandoah Telecommunications’s dividend payout ratio is -14.29%.

Institutional Trading of Shenandoah Telecommunications

A number of institutional investors have recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Shenandoah Telecommunications during the second quarter worth about $106,907,000. Gamco Investors INC. ET AL raised its position in shares of Shenandoah Telecommunications by 2.6% in the 1st quarter. Gamco Investors INC. ET AL now owns 270,000 shares of the utilities provider’s stock valued at $4,163,000 after buying an additional 6,874 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Shenandoah Telecommunications in the 2nd quarter valued at approximately $4,041,000. Empowered Funds LLC acquired a new position in shares of Shenandoah Telecommunications in the 2nd quarter valued at approximately $3,974,000. Finally, Principal Financial Group Inc. lifted its holdings in shares of Shenandoah Telecommunications by 2.0% during the 1st quarter. Principal Financial Group Inc. now owns 221,700 shares of the utilities provider’s stock worth $3,419,000 after acquiring an additional 4,340 shares during the period. 61.96% of the stock is currently owned by institutional investors.

About Shenandoah Telecommunications

(Get Free Report)

Shenandoah Telecommunications Company, also known as Shentel, is a telecommunications provider headquartered in Edinburg, Virginia. The company delivers broadband communications services to residential and commercial customers, with a focus on high-speed internet, fiber-optic connectivity, video and voice services.

Shentel operates its Glo Fiber network in selected communities and provides broadband services through its legacy cable and fiber networks. Its service territory primarily includes markets in Virginia, West Virginia, Maryland and Pennsylvania.