T-Mobile US, Inc. (TMUS) To Go Ex-Dividend on August 28th

T-Mobile US, Inc. (NASDAQ:TMUS) declared a quarterly dividend on Monday, June 15th. Shareholders of record on Friday, August 28th will be given a dividend of 1.02 per share by the Wireless communications provider on Thursday, September 10th. This represents a c) annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th.

T-Mobile US has a payout ratio of 35.9% meaning its dividend is sufficiently covered by earnings. Research analysts expect T-Mobile US to earn $13.15 per share next year, which means the company should continue to be able to cover its $4.08 annual dividend with an expected future payout ratio of 31.0%.

T-Mobile US Stock Performance

T-Mobile US stock opened at $184.36 on Wednesday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. The stock has a fifty day moving average price of $190.41 and a two-hundred day moving average price of $199.36. T-Mobile US has a 52-week low of $174.02 and a 52-week high of $261.56. The firm has a market capitalization of $199.52 billion, a P/E ratio of 19.61, a P/E/G ratio of 1.10 and a beta of 0.31.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The firm had revenue of $23.11 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same period in the prior year, the company posted $2.58 earnings per share. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. As a group, analysts anticipate that T-Mobile US will post 10.65 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on TMUS shares. KeyCorp upgraded T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 target price for the company in a research note on Monday, April 13th. Weiss Ratings lowered T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday. Scotiabank lowered their target price on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a research note on Wednesday, April 29th. JPMorgan Chase & Co. restated a “buy” rating on shares of T-Mobile US in a research note on Tuesday, May 19th. Finally, Barclays restated a “buy” rating on shares of T-Mobile US in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and an average price target of $260.48.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.