T-Mobile US (NASDAQ:TMUS) Releases Quarterly Earnings Results, Beats Expectations By $0.42 EPS

T-Mobile US (NASDAQ:TMUS) posted its quarterly earnings data on Wednesday. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42, Zacks reports. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%.

T-Mobile US Stock Performance

Shares of TMUS opened at $240.36 on Thursday. T-Mobile US has a 52-week low of $158.84 and a 52-week high of $248.15. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The firm has a market cap of $278.94 billion, a price-to-earnings ratio of 27.40, a PEG ratio of 1.08 and a beta of 0.56. The business’s 50 day moving average is $226.37 and its two-hundred day moving average is $212.82.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.46%. T-Mobile US’s dividend payout ratio is presently 40.14%.

Insider Buying and Selling

In other news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the sale, the director now owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Andre Almeida purchased 3,808 shares of the stock in a transaction dated Monday, December 9th. The shares were acquired at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the acquisition, the director now directly owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 144,200 shares of company stock worth $32,736,303. Insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the topic of several analyst reports. Oppenheimer lifted their target price on shares of T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. lifted their price objective on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Royal Bank of Canada downgraded T-Mobile US from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from $255.00 to $240.00 in a research note on Monday, January 6th. Raymond James lowered shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. Finally, BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $247.05.

About T-Mobile US

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.