T-Mobile US (TMUS) Scheduled to Post Quarterly Earnings on Wednesday

T-Mobile US (NASDAQ:TMUS) will be announcing its earnings results before the market opens on Wednesday, July 31st. Analysts expect the company to announce earnings of $2.26 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $176.87 on Tuesday. T-Mobile US has a one year low of $131.47 and a one year high of $185.42. The company has a market cap of $207.27 billion, a P/E ratio of 24.06, a P/E/G ratio of 0.72 and a beta of 0.51. The firm’s fifty day moving average price is $176.36 and its two-hundred day moving average price is $167.50. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be given a $0.65 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.47%. T-Mobile US’s payout ratio is presently 35.37%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $177.59, for a total transaction of $532,770.00. Following the completion of the sale, the insider now owns 122,687 shares of the company’s stock, valued at approximately $21,787,984.33. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the stock in a transaction that occurred on Monday, July 1st. The shares were sold at an average price of $177.59, for a total transaction of $532,770.00. Following the completion of the sale, the insider now owns 122,687 shares of the company’s stock, valued at approximately $21,787,984.33. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jon Freier sold 20,000 shares of the stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $164.38, for a total transaction of $3,287,600.00. Following the sale, the insider now directly owns 172,628 shares of the company’s stock, valued at approximately $28,376,590.64. The disclosure for this sale can be found here. In the last 90 days, insiders sold 4,389,128 shares of company stock valued at $746,536,027. 0.67% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on TMUS. Citigroup boosted their target price on shares of T-Mobile US from $184.00 to $210.00 and gave the company a “buy” rating in a research report on Friday, July 19th. StockNews.com cut shares of T-Mobile US from a “buy” rating to a “hold” rating in a research report on Tuesday, July 16th. Bank of America upped their price objective on shares of T-Mobile US from $175.00 to $195.00 and gave the stock a “buy” rating in a research report on Monday, June 10th. Benchmark reaffirmed a “buy” rating and set a $200.00 price objective on shares of T-Mobile US in a research report on Wednesday, May 29th. Finally, KeyCorp upped their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. One analyst has rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US has a consensus rating of “Buy” and a consensus target price of $194.07.

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.