T-Mobile US, Inc. (NASDAQ:TMUS) Stock Has Consensus Price Target of $238.25 According to Brokerages

T-Mobile US, Inc. (NASDAQ:TMUS) has earned a consensus rating of “Moderate Buy” from the twenty-eight ratings firms that are covering the firm, MarketBeat reports. Six research analysts have rated the stock with a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $238.25.

TMUS has been the topic of several analyst reports. Scotiabank upped their price target on shares of T-Mobile US from $212.00 to $214.00 and gave the stock a “sector outperform” rating in a research report on Thursday, October 29th. JPMorgan Chase & Co. cut their target price on shares of T-Mobile US from $260.00 to $235.00 and set an “overweight” rating for the company in a research note on Thursday, October 29th. The Goldman Sachs Group reduced their price target on T-Mobile US from $230.00 to $211.00 and set a “buy” rating for the company in a report on Friday, September 25th. Citigroup lowered their price target on T-Mobile US from $225.00 to $165.00 and set a “neutral” rating on the stock in a research report on Thursday, October 29th. Finally, Royal Bank Of Canada dropped their price objective on T-Mobile US from $240.00 to $230.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th.

T-Mobile US Stock Performance

TMUS opened at $154.41 on Friday. T-Mobile US has a 52-week low of $143.75 and a 52-week high of $224.75. The firm has a market capitalization of $163.56 billion, a PE ratio of 14.31, a PEG ratio of 0.93 and a beta of 0.40. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.91. The business’s 50-day simple moving average is $166.10 and its 200 day simple moving average is $186.58.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, October 28th. The Wireless communications provider reported $3.22 EPS for the quarter, beating the consensus estimate of $2.89 by $0.33. The firm had revenue of $23.58 billion during the quarter, compared to analysts’ expectations of $23.15 billion. T-Mobile US had a return on equity of 21.47% and a net margin of 12.05%. The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.41 earnings per share. As a group, sell-side analysts expect that T-Mobile US will post 11.44 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 25th will be paid a dividend of $1.17 per share. The ex-dividend date is Wednesday, November 25th. This represents a $4.68 annualized dividend and a dividend yield of 3.0%. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. T-Mobile US’s dividend payout ratio is presently 39.38%.

Insider Buying and Selling at T-Mobile US

In related news, CAO Daniel James Drobac sold 772 shares of the business’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $178.33, for a total transaction of $137,670.76. Following the transaction, the chief accounting officer directly owned 35,118 shares of the company’s stock, valued at approximately $6,262,592.94. The trade was a 2.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.32% of the company’s stock.

Hedge Funds Weigh In On T-Mobile US

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. University of Texas Texas AM Investment Management Co. grew its stake in T-Mobile US by 7,413.5% during the third quarter. University of Texas Texas AM Investment Management Co. now owns 45,607 shares of the Wireless communications provider’s stock worth $7,438,000 after purchasing an additional 45,000 shares during the period. M Holdings Securities Inc. acquired a new position in T-Mobile US in the third quarter valued at approximately $331,000. Candriam S.C.A. lifted its stake in T-Mobile US by 1.5% in the third quarter. Candriam S.C.A. now owns 41,278 shares of the Wireless communications provider’s stock valued at $6,756,000 after buying an additional 600 shares during the period. StoneX Group Inc. lifted its stake in T-Mobile US by 16.5% in the third quarter. StoneX Group Inc. now owns 17,647 shares of the Wireless communications provider’s stock valued at $2,886,000 after buying an additional 2,501 shares during the period. Finally, Pictet Asset Management Holding SA boosted its holdings in shares of T-Mobile US by 39.8% during the 3rd quarter. Pictet Asset Management Holding SA now owns 411,129 shares of the Wireless communications provider’s stock worth $67,045,000 after buying an additional 117,012 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

Key Stories Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

• Positive Sentiment: A recent analysis highlighted T-Mobile’s earnings growth, revenue beat, raised guidance, share repurchases and dividend increase, arguing the company’s fundamentals and valuation remain attractive despite slower postpaid subscriber additions. Article: T-Mobile: Headwinds Continue To Overshadow Strong Growth And The 3 Percent Yield
• Positive Sentiment: T-Mobile reported substantial cybersecurity improvements, including sharp reductions in successful SIM-swap attacks and phishing-related credential compromises. Better security could help protect customer trust and reduce operational risk. Article: T-Mobile Opens Up on Its Cybersecurity Transformation in New Report
• Neutral Sentiment: The company is launching holiday device discounts and promotions across its brands, including phone and home-internet offers. These may support customer acquisition, though discounting could also pressure margins. Article: T-Mobile Brings More to the Holiday Mix
• Negative Sentiment: Bloomberg reported that Deutsche Telekom’s plans to combine with its U.S. arm have hit a snag, casting doubt on a major potential transaction. The uncertainty may weigh on expectations for a deal-related catalyst. Article: Deutsche Telekom Said to Hit Brakes on T-Mobile Merger
• Negative Sentiment: Reports that SpaceX may acquire or integrate with Boost Mobile raise the prospect of a new satellite-and-cellular competitor. Boost’s reliance on network leases, including from T-Mobile, creates execution hurdles, but the possibility is adding competitive pressure to telecom shares. Article: SpaceX Starlink’s Telecom Ground Game Takes Shape

T-Mobile US Company Profile

T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States, Puerto Rico and the U.S. Virgin Islands. Its offerings include postpaid and prepaid wireless plans, connected devices, broadband internet and other communications services.

The company operates a nationwide wireless network, including 5G services, and sells smartphones, tablets, connected devices and related accessories through retail stores, online channels and third-party distributors.