Stocks · Communication Services · Telecommunications Services
Shenandoah Telecommunications Company SHEN
$10.86 -2.60% Close, Oct 2, 2026 · NASDAQ · Market cap $601.3M
Expensive vs sector
Next earnings report: Nov 4, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Net debt is 6.1× EBITDA, a high level of leverage.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- Revenue over the last four quarters was $275.4M, down 21.2% from a year earlier.
PromtFinance scores
Each score is a percentile within the Communication Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 4%
- Revenue growth, 3-year CAGRTop 26%
- Revenue growth accelerationTop 34%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalBottom 24%
- Gross marginBottom 30%
- Operating marginBottom 15%
- Accruals (lower is better)Bottom 46%
- Net debt / EBITDA (lower is better)Bottom 17%
- Interest coverBottom 23%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldBottom 29%
- Free-cash-flow yieldBottom 4%
- EBITDA / enterprise valueTop 41%
- Sales / enterprise valueBottom 17%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 46%
- 6-month returnBottom 14%
- 1-year return vs S&P 500Bottom 40%
- Distance from 52-week highBottom 39%
- Trend checklist (0–4)Bottom 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 35%
- Consecutive EPS beatsBottom 47%
- Share of analysts rating BuyBottom 45%
- Upside to consensus price targetTop 7%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 45%
- Maximum drawdown, 3 yearsBottom 46%
- Beta vs S&P 500 (lower is better)Top 11%
- Net debt / EBITDA (lower is better)Bottom 17%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -22.0% | -21.2% | ↑ |
| Gross margin | 51.8% | 40.5% | ↓ |
| Operating margin | -7.1% | -7.8% | ↓ |
| FCF margin | -71.9% | -82.4% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -21.2% | -22.0% | ↑ | Bottom 4% |
| Gross margin | 40.5% | 51.8% | ↓ | Bottom 30% |
| Operating margin | -7.8% | -7.1% | ↓ | Bottom 15% |
| Net margin | -15.2% | -8.4% | ↓ | — |
| Free-cash-flow margin | -82.4% | -71.9% | ↓ | — |
| Return on invested capital | -0.9% | — | Bottom 24% | |
| Revenue growth, 3-year CAGR | 12.9% | — | Top 26% |
Quality of earnings and balance sheet
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -7.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 3.9%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -15.4 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.06×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- -0.6×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 0.00%
- Shareholder yield
- 0.00%
- Share count change, 1 year
- +1.2%
- Share count change, 3-year CAGR
- +3.2%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 29, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 4 of 8
- Average EPS surprise, last 4
- +17.3%
- Average 2-day reaction, last 8
- -3.4%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $29.00
- Target vs current price
- +167.0%
- Analysts with a rating
- 8
- Share rating Buy or Strong Buy
- 50%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 29, 2026 | +39.3% | +7.3% | +13.2% | +3.7% | — |
| May 1, 2026 | -29.2% | +3.6% | +3.2% | +1.4% | -24.7% |
| Feb 26, 2026 | +50.0% | +3.0% | +15.3% | +9.0% | +19.0% |
| Oct 29, 2025 | +9.1% | +1.5% | -10.4% | -14.8% | -13.6% |
| Jul 31, 2025 | +5.0% | -0.8% | -12.4% | -9.3% | -13.7% |
| Apr 30, 2025 | -35.7% | -14.4% | -9.9% | -3.4% | +16.5% |
| Feb 20, 2025 | -175.0% | -10.2% | -10.6% | +6.2% | -1.0% |
| Nov 7, 2024 | -85.7% | -17.3% | -19.0% | -13.1% | -25.9% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 29, 2026 | -$0.17 | -$0.28 | +39.3% | $93.5M |
| May 1, 2026 | -$0.31 | -$0.24 | -29.2% | $92.2M |
| Feb 26, 2026 | -$0.10 | -$0.20 | +50.0% | $91.6M |
| Oct 29, 2025 | -$0.20 | -$0.22 | +9.1% | $89.8M |
| Jul 31, 2025 | -$0.19 | -$0.20 | +5.0% | $88.6M |
| Apr 30, 2025 | -$0.19 | -$0.14 | -35.7% | $87.9M |
| Feb 20, 2025 | -$0.11 | -$0.04 | -175.0% | $85.4M |
| Nov 7, 2024 | -$0.13 | -$0.07 | -85.7% | $87.6M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| EV / EBITDA | 11.2× | — | — | Top 41% |
| EV / Sales | 4.74× | — | — | Bottom 17% |
| Free-cash-flow yield | -37.74% | — | — | Bottom 4% |
| Earnings yield | -7.46% | — | — | Bottom 29% |
P/E over the past five years
Range 1.1× – 347.5× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -4.0%
- 200-day average slope (20 days)
- +0.6%
- Distance from 50-day average
- -11.2%
- Distance from 200-day average
- -19.9%
- RSI (14)
- 30.8
- Relative volume
- 0.68×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 44.2%
- Volatility vs own 5-year history
- 62th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.27
- Correlation with S&P 500
- 0.11
- Current drawdown from 1-year high
- -36.5%
- Maximum drawdown, 3 years
- -60.0%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jul 6, 2021 | Nov 17, 2025 | -83.8% | 1098 days | Not yet recovered |
| Oct 12, 2020 | Jan 29, 2021 | -18.1% | 75 days | 24 days (Mar 5, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $601.3M
- EPS, diluted (TTM)
- -$0.81
- Revenue (TTM)
- $275.4M
- Dividend yield
- 1.01%
- 52-week range
- $9.66 – $17.35
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $245.2M | $248.9M | $287.4M | $328.1M | $357.9M |
| Gross profit | $142.9M | $146.6M | $181.3M | $199.9M | $96.1M |
| Operating income | -$2.4M | -$17.5M | $9.6M | -$28.6M | -$22.1M |
| Net income | $998.8M | -$8.4M | $8.0M | $190.4M | -$39.4M |
| EPS (diluted) | $0.16 | -$0.17 | $0.16 | $3.54 | -$0.71 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $87.6M | $85.4M | $87.9M | $88.6M | $89.8M | $0 | $92.2M | $93.5M |
| Net income | -$6.9M | -$2.7M | -$9.1M | -$10.5M | -$9.4M | -$7.3M | -$17.3M | -$7.7M |
| EPS (diluted) | -$0.13 | -$0.11 | -$0.19 | -$0.19 | -$0.20 | -$0.13 | -$0.31 | -$0.17 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | -$250.9M | $74.9M | $113.8M | $62.6M | $101.0M |
| Capital expenditure | -$160.1M | -$189.0M | -$255.1M | -$319.1M | -$358.9M |
| Free cash flow | -$411.0M | -$114.1M | -$141.3M | -$256.5M | -$257.9M |
| Dividends paid | -$940.3M | -$4.0M | -$4.5M | -$5.8M | -$6.4M |
| Net share buybacks | -$1.6M | $0 | -$1.4M | -$1.7M | $0 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $23.9M
- Total assets
- $1.97B
- Total liabilities
- $1.12B
- Total debt
- $727.9M
- Net debt
- $704.0M
- Shareholders’ equity
- $859.9M
As of Jun 30, 2026 (filed Jul 29, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Nov 7, 2025 | $0.11 | Dec 1, 2025 |
| Nov 5, 2024 | $0.10 | Dec 2, 2024 |
| Nov 6, 2023 | $0.09 | Dec 1, 2023 |
| Nov 4, 2022 | $0.08 | Dec 1, 2022 |
| Nov 5, 2021 | $0.07 | Dec 1, 2021 |
| Aug 3, 2021 | $18.75 | — |
| Nov 10, 2020 | $0.34 | Dec 1, 2020 |
| Nov 13, 2019 | $0.29 | Dec 2, 2019 |
Short interest
- Shares sold short
- 3,303,165
- Days to cover
- 5.24
- Change vs previous report
- +4.7%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Jan 5, 2016
- 2-for-1
- Aug 20, 2007
- 3-for-1
- Feb 23, 2004
- 2-for-1