Shenandoah Telecommunications Company, together with its subsidiaries, provides a range of broadband communication services and cell tower colocation space in the Mid-Atlantic portion of the United States. Its Broadband segment offers broadband, video, and voice services to residential and commercial customers in Virginia, West Virginia, Maryland, Pennsylvania, and Kentucky, via hybrid fiber coaxial cable under the Shentel brand, fiber optic services under the Glo Fiber brand, and fixed wireless network services under the Beam brand name. This segment leases fiber and provides Ethernet and wavelength fiber optic services. In addition, the company offers voice and digital subscriber line telephone services. The company's Tower segment owns 220 cell towers and leases colocation space on the towers. Shenandoah Telecommunications Company was founded in 1902 and is based in Edinburg, Virginia.
Company profile
Ticker
SHEN
Exchange
Website
CEO
Mr. Christopher E. French
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Shenandoah Cable Television, LLC • Shenandoah Mobile, LLC • Shenandoah Personal Communications, LLC • Shenandoah Telephone Company • Shentel Management Company ...
IRS number
541162807
SHEN stock data
Latest filings (excl ownership)
10-Q
2024 Q3
Quarterly report
7 Nov 24
8-K
Shenandoah Telecommunications Company Reports Third Quarter 2024 Results
7 Nov 24
8-K
Departure of Directors or Certain Officers
22 Aug 24
10-Q
2024 Q2
Quarterly report
7 Aug 24
8-K
Shenandoah Telecommunications Company Reports Second Quarter 2024 Results
7 Aug 24
8-K
Shenandoah Telecommunications Company Names Michael A. Rhymes to Board of Directors
31 Jul 24
8-K/A
Financial Statements and Exhibits
11 Jun 24
8-K
Amendments to Articles of Incorporation or Bylaws
31 May 24
S-8
Registration of securities for employees
3 May 24
10-Q
2024 Q1
Quarterly report
3 May 24
Transcripts
SHEN
Earnings call transcript
2024 Q3
7 Nov 24
SHEN
Earnings call transcript
2024 Q2
7 Aug 24
SHEN
Earnings call transcript
2024 Q1
3 May 24
SHEN
Earnings call transcript
2023 Q4
21 Feb 24
SHEN
Earnings call transcript
2023 Q3
3 Nov 23
SHEN
Earnings call transcript
2023 Q2
2 Aug 23
SHEN
Earnings call transcript
2023 Q2
2 Aug 23
SHEN
Earnings call transcript
2023 Q1
28 Apr 23
SHEN
Earnings call transcript
2022 Q4
22 Feb 23
SHEN
Earnings call transcript
2022 Q3
6 Nov 22
Latest ownership filings
4
Glenn E Lytle Jr
12 Nov 24
SC 13G/A
BlackRock, Inc.
8 Nov 24
4
LEIGH ANN SCHULTZ
1 Nov 24
4
Michael Anthony Rhymes
1 Nov 24
4
KENNETH L QUAGLIO
1 Nov 24
4
Richard L Koontz Jr
1 Nov 24
4
Tracy Fitzsimmons
1 Nov 24
4
Thomas Beckett
1 Nov 24
4
VICTOR CHRISTOPHER BARNES
1 Nov 24
SC 13G/A
BlackRock, Inc.
23 Oct 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 43.10 mm | 43.10 mm | 43.10 mm | 43.10 mm | 43.10 mm | 43.10 mm |
Cash burn (monthly) | 226.67 k | (no burn) | 2.28 mm | 1.66 mm | (no burn) | (no burn) |
Cash used (since last report) | 327.36 k | n/a | 3.30 mm | 2.39 mm | n/a | n/a |
Cash remaining | 42.77 mm | n/a | 39.80 mm | 40.71 mm | n/a | n/a |
Runway (months of cash) | 188.7 | n/a | 17.4 | 24.6 | n/a | n/a |
Institutional ownership, Q2 2024
72.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 143 |
Opened positions | 25 |
Closed positions | 22 |
Increased positions | 50 |
Reduced positions | 49 |
13F shares | Current |
---|---|
Total value | 572.20 bn |
Total shares | 39.66 mm |
Total puts | 900.00 |
Total calls | 3.00 k |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
BLK BlackRock | 7.49 mm | $122.25 bn |
Vanguard | 5.59 mm | $91.32 bn |
GCM Investments GP | 4.10 mm | $68.52 mm |
GCM Grosvenor | 4.10 mm | $66.96 bn |
Dimensional Fund Advisors | 2.58 mm | $42.07 bn |
ECP ControlCo | 2.45 mm | $40.05 bn |
STT State Street | 1.83 mm | $29.89 bn |
Geode Capital Management | 1.16 mm | $19.02 bn |
Broad Run Investment Management | 949.80 k | $15.51 bn |
DAVENPORT & Co | 941.70 k | $15.38 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Nov 24 | Glenn E Lytle Jr | Common Stock | Buy | Acquire P | No | No | 13.0707 | 380 | 4.97 k | 1,780 |
1 Nov 24 | Victor Christopher Barnes | Common Stock | Grant | Acquire A | No | No | 13.84 | 74.061 | 1.03 k | 10,699.832 |
1 Nov 24 | Thomas Beckett | Common Stock | Grant | Acquire A | No | No | 13.84 | 28.902 | 400.00 | 17,836.747 |
1 Nov 24 | Tracy Fitzsimmons | Common Stock | Grant | Acquire A | No | No | 13.84 | 75.265 | 1.04 k | 39,327.616 |
1 Nov 24 | Richard L Koontz Jr | Common Stock | Grant | Acquire A | No | No | 13.84 | 36.127 | 500.00 | 52,805.438 |
Press releases
Shenandoah Telecommunications Company Reports Third Quarter 2024 Results
7 Nov 24
Shenandoah Telecommunications Company to Hold its Third Quarter 2024 Earnings Call at 8:00 a.m. on Thursday, November 7, 2024.
24 Oct 24
Shenandoah Telecommunications Company Announces 2024 Annual Dividend
23 Oct 24
Glo Fiber Brings Lightning Fast Fiber Optic Internet to Frederick County, Maryland
10 Sep 24
Glo Fiber Broadband is Coming to Steubenville, Ohio
27 Aug 24