T-Mobile US (NASDAQ:TMUS) Announces Earnings Results

T-Mobile US (NASDAQ:TMUS) issued its quarterly earnings data on Thursday. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.17, Briefing.com reports. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. During the same quarter last year, the company earned $1.58 earnings per share. T-Mobile US’s revenue for the quarter was down .2% on a year-over-year basis.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS traded down $0.09 during midday trading on Friday, hitting $163.96. The company’s stock had a trading volume of 7,968,973 shares, compared to its average volume of 4,564,574. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US has a 1-year low of $124.92 and a 1-year high of $168.64. The firm’s fifty day moving average price is $162.44 and its 200-day moving average price is $156.81. The firm has a market cap of $194.60 billion, a P/E ratio of 23.64, a P/E/G ratio of 0.68 and a beta of 0.49.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.59%. T-Mobile US’s dividend payout ratio (DPR) is 37.52%.

Insider Buying and Selling

In other T-Mobile US news, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $161.40, for a total value of $31,458,474.00. Following the completion of the transaction, the director now directly owns 689,541,011 shares in the company, valued at $111,291,919,175.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other T-Mobile US news, CEO G Michael Sievert sold 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $161.05, for a total value of $6,442,000.00. Following the sale, the chief executive officer now owns 496,036 shares in the company, valued at $79,886,597.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Telekom Ag Deutsche sold 194,910 shares of the business’s stock in a transaction that occurred on Wednesday, January 31st. The stock was sold at an average price of $161.40, for a total value of $31,458,474.00. Following the transaction, the director now owns 689,541,011 shares of the company’s stock, valued at $111,291,919,175.40. The disclosure for this sale can be found here. Insiders have sold a total of 5,800,979 shares of company stock worth $940,632,554 over the last quarter. 0.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

TMUS has been the subject of a number of recent analyst reports. Citigroup raised their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a report on Monday, March 25th. Tigress Financial raised their target price 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. Morgan Stanley boosted their price target on T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a research note on Monday, January 29th. Oppenheimer restated an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a report on Wednesday, April 3rd. Finally, TD Cowen cut their target price on T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research report on Friday. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US presently has an average rating of “Buy” and a consensus price target of $186.33.

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.