T-Mobile US (NASDAQ:TMUS) Posts Quarterly Earnings Results, Beats Expectations By $0.17 EPS

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

T-Mobile US Trading Down 0.1 %

NASDAQ:TMUS traded down $0.09 during trading hours on Friday, hitting $163.96. The company had a trading volume of 7,968,973 shares, compared to its average volume of 4,564,574. T-Mobile US has a 1 year low of $124.92 and a 1 year high of $168.64. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. The company has a 50-day moving average of $162.44 and a 200 day moving average of $156.81. The company 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 business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is currently 37.52%.

Insider Transactions at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 189,670 shares of the company’s stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $162.58, for a total value of $30,836,548.60. Following the completion of the sale, the director now owns 678,865,721 shares of the company’s stock, valued at $110,369,988,920.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Teresa Taylor sold 12,022 shares of the business’s stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $161.80, for a total value of $1,945,159.60. Following the sale, the director now directly owns 13,014 shares in the company, valued at approximately $2,105,665.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Telekom Ag Deutsche sold 189,670 shares of the stock in a transaction dated Monday, April 22nd. The stock was sold at an average price of $162.58, for a total transaction of $30,836,548.60. Following the transaction, the director now directly owns 678,865,721 shares of the company’s stock, valued at approximately $110,369,988,920.18. 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 in the last quarter. Company insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Wells Fargo & Company increased their price target on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, January 22nd. TD Cowen dropped their price target on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research note on Friday. Morgan Stanley boosted their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a report on Monday, January 29th. Raymond James increased their price objective on shares of T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. Finally, Oppenheimer reissued an “outperform” rating and set a $190.00 target price on shares of T-Mobile US in a research note on Wednesday, April 3rd. One investment analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, T-Mobile US currently has a consensus rating of “Buy” and an average price target of $186.33.

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.