we’re shentel. we may be new to you, but we’ve been in business since 1902. back then, we were a small phone company serving our neighbors in virginia’s northern shenandoah valley. today we bring advanced broadband services, digital tv, high-speed internet and phone services to more of our neighbors in virginia, west virginia, and maryland. we specialize in providing advanced services to rural and underserved markets, because we believe they deserve the same level of service that you would expect from a larger metropolitan area.
![Shenandoah Telecommunications logo](/files/LOGO/354963-SHEN.png)
Company profile
Ticker
SHEN
Exchange
Website
CEO
Christopher French
Employees
Incorporated
Location
Fiscal year end
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)
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
8-K
Shenandoah Telecommunications Company Reports First Quarter 2024 Results
3 May 24
8-K
Departure of Directors or Certain Officers
1 May 24
DEFA14A
Additional proxy soliciting materials
5 Apr 24
8-K/A
Financial Statements and Exhibits
4 Apr 24
8-K
Shenandoah Telecommunications Company Completes Acquisition of Horizon Telcom
1 Apr 24
8-K
Shenandoah Telecommunications Company Completes Sale of its Towers
29 Mar 24
Transcripts
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
SHEN
Earnings call transcript
2022 Q2
5 Aug 22
SHEN
Earnings call transcript
2022 Q1
29 Apr 22
Latest ownership filings
4
CHRISTOPHER E FRENCH
23 Jul 24
4
KENNETH L QUAGLIO
1 Jul 24
4
Richard L Koontz Jr
1 Jul 24
4
Tracy Fitzsimmons
1 Jul 24
4
Thomas Beckett
1 Jul 24
4
VICTOR CHRISTOPHER BARNES
1 Jul 24
4
CHRISTOPHER E FRENCH
14 Jun 24
4
CHRISTOPHER E FRENCH
10 Jun 24
4
JAMES J VOLK
10 Jun 24
4
KENNETH L QUAGLIO
3 Jun 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
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) | 389.74 mm | 389.74 mm | 389.74 mm | 389.74 mm | 389.74 mm | 389.74 mm |
Cash burn (monthly) | (no burn) | (no burn) | 1.71 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | 6.59 mm | n/a | n/a | n/a |
Cash remaining | n/a | n/a | 383.14 mm | n/a | n/a | n/a |
Runway (months of cash) | n/a | n/a | 224.7 | n/a | n/a | n/a |
Institutional ownership, Q1 2024
4.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 50 |
Opened positions | 8 |
Closed positions | 64 |
Increased positions | 14 |
Reduced positions | 19 |
13F shares | Current |
---|---|
Total value | 39.40 bn |
Total shares | 2.54 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
DAVENPORT & Co | 932.83 k | $16.20 bn |
BK Bank Of New York Mellon | 452.90 k | $7.87 bn |
PFG Principal Financial Group Inc - Registered Shares | 260.82 k | $4.53 bn |
Adviser Investments | 119.47 k | $2.08 bn |
Swiss National Bank | 94.07 k | $1.63 bn |
CWM | 70.27 k | $1.22 mm |
New York State Teachers Retirement System | 68.64 k | $1.19 mm |
Texas Permanent School Fund | 43.99 k | $764.12 mm |
Acorn Financial Advisory Services | 41.69 k | $724.09 mm |
Janney Montgomery Scott | 30.76 k | $534.00 k |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 Jul 24 | French Christopher E | Common Stock | Other | Acquire J | No | No | 0 | 15,144 | 0.00 | 339,894 |
23 Jul 24 | French Christopher E | Common Stock | Other | Dispose J | Yes | No | 0 | 15,144 | 0.00 | 69,485 |
1 Jul 24 | Victor Christopher Barnes | Common Stock | Grant | Acquire A | No | No | 16.33 | 62.768 | 1.02 k | 10,437.192 |
1 Jul 24 | Thomas Beckett | Common Stock | Grant | Acquire A | No | No | 16.33 | 24.495 | 400.00 | 17,734.253 |
1 Jul 24 | Tracy Fitzsimmons | Common Stock | Grant | Acquire A | No | No | 16.33 | 63.789 | 1.04 k | 39,060.705 |
1 Jul 24 | Richard L Koontz Jr | Common Stock | Grant | Acquire A | No | No | 16.33 | 30.619 | 500.00 | 50,977.321 |
Press releases
Shenandoah Telecommunications Company to Hold its Second Quarter 2024 Earnings Call at 8:30 a.m. on Wednesday, August 7, 2024
22 Jul 24
100% fiber-optic network will bring multi-gigabit speeds to Greenfield, Ohio
9 Jul 24
Glo Fiber Announces Expansion of its Fiber Network to Spring Township, Pennsylvania
30 May 24
Shenandoah Telecommunications Company Reports First Quarter 2024 Results
3 May 24