Stocks Telecommunications SHEN
NASDAQ · TelecommunicationsShenandoah Telecommunications Co (SHEN)
Shenandoah Telecommunications Co brought in $371.1M of revenue over the twelve months to September 30, 2026, up 5.5% from a year earlier. It posted a net loss of $38M. In fiscal 2025 capital spending exceeded operating cash flow by $257.9M. At September 30, 2026 it held $18.6M in cash against $759.9M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 28, 2026.
Key facts about Shenandoah Telecommunications Co
- Net worth
- Shenandoah Telecommunications Co has a market value (market cap) of $558.2M at the latest share price, and shareholders' equity of $850.7M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $357.9M (+9.1% year on year), with a net loss of $32.9M. Over the 12 months to September 30, 2026: revenue $371.1M, net loss $38M.
- Cash flow
- In fiscal 2025 operations brought in $101M of cash; after $358.9M of capital spending, free cash flow was -$257.9M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 28, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Shenandoah Telecommunications Co's next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
- Dividend
- Shenandoah Telecommunications Co declared dividends of $0.11 per share in fiscal 2025, a yield of 1.05% at the current price.
What Shenandoah Telecommunications Co does
Shenandoah Telecommunications Co is registered with the SEC under industry code SIC 4813 (Telephone Communications (No Radiotelephone)). Its shares trade on NASDAQ under the ticker SHEN.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $357.9M | -$32.9M | -$0.71 | -$257.9M |
| 2024 | $328.1M | $193.8M | $3.54 | -$256.5M |
| 2023 | $269.1M | $8M | $0.16 | -$141.3M |
| 2022 | $248.9M | -$8.4M | -$0.17 | -$114.1M |
| 2021 | $245.2M | $998.8M | $19.92 | -$411M |
| 2020 | $220.8M | $125.7M | $2.51 | $182.4M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where SHEN ranks in Telecommunications
Dividends
Shenandoah Telecommunications Co declared $0.11 per share in fiscal 2025. At the current price that is a yield of 1.05%. It paid out $6.4M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.11 | $6.4M | n/a |
| 2024 | $0.10 | $5.8M | 3% |
| 2023 | $0.09 | $4.5M | 56% |
| 2022 | $0.08 | $4M | n/a |
| 2021 | $18.82 | $940.3M | 94% |
| 2020 | $0.34 | $16.4M | 13% |
Latest SEC filings
What Shenandoah Telecommunications Co has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 6, 2026Passive stake (5% or more) SCHEDULE 13G
- October 28, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 4.6% to $93.9M versus the same quarter last year; diluted EPS -$0.19 versus -$0.20.
- October 28, 2026
- October 22, 2026
- October 8, 2026Passive stake (5% or more) SCHEDULE 13G
- October 5, 2026Passive stake changed SCHEDULE 13G/A
- August 14, 2026Passive stake changed SCHEDULE 13G/A
- July 29, 2026Quarterly report (amended) 10-Q/A · period to June 30, 2026Revenue rose 5.5% to $93.5M versus the same quarter last year; diluted EPS -$0.17 versus -$0.19.
- July 29, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 5.5% to $93.5M versus the same quarter last year; diluted EPS -$0.17 versus -$0.19.
- July 29, 2026
Insider trades
What the people running Shenandoah Telecommunications Co did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders bought $19.9K worth of shares on the open market in the last 90 days and sold none.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 6, 2026 | Quaglio Kenneth LDirector | Bought | 520 | $5K |
| November 5, 2026 | McKay Edward HPresident & CEO | Bought | 1,000 | $9.8K |
| November 5, 2026 | Lytle Glenn E JrSVP Commercial Sales | Bought | 500 | $5.1K |
| November 2, 2026 | Koontz Richard L JrDirector | Received as pay | 49 | $500 |
| November 2, 2026 | Beckett ThomasDirector | Received as pay | 39 | $400 |
| November 2, 2026 | Schultz Leigh AnnDirector | Received as pay | 66 | $666.7 |
| November 2, 2026 | Quaglio Kenneth LDirector | Received as pay | 98 | $1K |
| November 2, 2026 | Barnes Victor ChristopherDirector | Received as pay | 80 | $816.7 |
Who owns SHEN
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| ECP ControlCo, LLC13D, may seek influence with 12 related filers | 11.6% | August 12, 2025 |
| LIF Vista, LLC13D, may seek influence with 8 related filers | 7.4% | June 10, 2026 |
| Barclays PLC13G, passive | 5.76% | November 6, 2026 |
| Dimensional Fund Advisors LP13G, passive | 5.2% | October 8, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 184 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 7,089,344 | +111,628 |
| GCM Grosvenor Holdings, LLC | 4,116,050 | 0 |
| ECP ControlCo, LLC | 3,457,105 | 0 |
| Southeastern Asset Management Inc | 2,616,797 | -323,499 |
| Dimensional Fund Advisors LP | 2,613,975 | +142,761 |
| State Street Corp | 2,149,556 | +190,114 |
| Vanguard Capital Management LLC | 2,058,869 | -120,143 |
| American Century Companies Inc | 1,435,478 | +254,525 |
| Geode Capital Management, LLC | 1,298,399 | +44,447 |
| Cooper Investors Pty Ltd | 930,143 | -7,189 |
| Vanguard Portfolio Management LLC | 912,882 | +31,018 |
| Millennium Management LLC | 731,426 | -461,783 |
| Charles Schwab Investment Management Inc | 718,217 | -69,280 |
| Broad Run Investment Management, LLC | 658,567 | -219,697 |
| Cerity Partners LLC | 647,035 | +3,237 |
| Royce & Associates LP | 643,093 | +606,574 |
| Northern Trust Corp | 513,525 | +27,070 |
| Bridgeway Capital Management, LLC | 393,553 | +15,888 |
| Morgan Stanley | 333,994 | -59,627 |
| Vanguard Fiduciary Trust Co | 303,280 | -561 |
Insiders
19 insiders reported holding 1,371,280 shares in total, about $14.3M at the last price.
| Holder | Shares |
|---|---|
| French Christopher EPresident & CEO | 608,963125,387 held indirectly |
| McKay Edward HPresident & CEO | 137,007 |
| Volk James JSVP Finance & CFO | 92,671 |
| Koontz Richard L JrDirector | 71,947 |
| John W FloraDirector | 66,060 |
| Fitzsimmons TracyDirector | 63,053 |
| Beckett ThomasDirector | 61,945 |
| Mason Richard W JrSVP Engineering & Operations | 54,939 |
| Cheng ElaineSVP & Chief Info Officer | 38,523 |
| Quaglio Kenneth LDirector | 35,586 |
Questions about SHEN
What does Shenandoah Telecommunications Co do?
Shenandoah Telecommunications Co is a company in the Telecommunications sector, listed on NASDAQ as SHEN. Its shares trade on NASDAQ under the ticker SHEN.
What is Shenandoah Telecommunications Co's net worth?
Shenandoah Telecommunications Co has a market value (market cap) of $558.2M at the latest share price, and shareholders' equity of $850.7M on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Shenandoah Telecommunications Co profitable?
No. Over the twelve months to September 30, 2026 it reported a net loss of $38M on revenue of $371.1M.
How much revenue does Shenandoah Telecommunications Co make?
Over the twelve months to September 30, 2026 Shenandoah Telecommunications Co reported revenue of $371.1M. That is 5.5% more than a year earlier.
When did Shenandoah Telecommunications Co last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 28, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 9, 2026.
When is Shenandoah Telecommunications Co's next earnings report?
Shenandoah Telecommunications Co's next report is expected around February 25, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Does Shenandoah Telecommunications Co pay a dividend?
Yes. Shenandoah Telecommunications Co declared dividends of $0.11 per share in fiscal 2025, a yield of 1.05% at the current price.
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Where the numbers come from
Financial figures are the values Shenandoah Telecommunications Co tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.