Latest news with #ShenandoahTelecommunicationsCompany
Associated Press
02-07-2025
- Business
- Associated Press
Glo Fiber Launches Lightning-Fast Fiber Internet in Hillsboro, Ohio
EDINBURG, Va., July 02, 2025 (GLOBE NEWSWIRE) -- Glo Fiber, powered by Shenandoah Telecommunications Company ('Shentel') (Nasdaq: SHEN), has launched their 100% fiber optic broadband service in initial neighborhoods in Hillsboro, Ohio. Construction began earlier this year and is expected to be completed in early 2026, providing over 3,000 homes and businesses with a reliable, future-proof option for high-speed internet service. As construction continues, residents will receive advance notice via mail, and they can check availability or sign up for service at 'The City of Hillsboro is a growing community that recognizes the benefits of strong infrastructure, including broadband,' said Justin Harsha, Mayor of Hillsboro. 'Fiber broadband provides value to businesses, students, homeowners and more. The City of Hillsboro is very pleased that Glo Fiber has chosen to invest here.' Glo Fiber provides super-fast, symmetrical upload and download speeds of up to 5 gigabits per second (Gbps). Fiber-to-the-home technology and Shentel's 17,200-mile regional fiber network enable Glo Fiber to deliver high speeds, low latency, and unparalleled internet reliability. The company has earned a reputation for providing superior local customer service across its markets, including the growing list of communities in Ohio, Pennsylvania, Virginia, West Virginia, Maryland, and Delaware. In addition to high-speed internet, Glo Fiber offers phone service, video service, and Whole Home Wi-Fi for a seamless connection anywhere in your home or business. 'We are thrilled to bring Glo Fiber's high-speed, reliable fiber-to-the-home service to the residents and businesses of Hillsboro,' said Chris Kyle, VP of Industry Affairs & Regulatory at Shentel. 'Access to fiber-based internet is a game-changer — it empowers local businesses with the connectivity they need to thrive, supports remote work and education, and enhances everyday digital experiences for families. We look forward to delivering the speed, reliability, and customer-focused service that Hillsboro deserves.' Glo Fiber takes great pride in several key differentiators compared to their competitors: To learn more about Glo Fiber, please visit for residential service and for commercial service. About Glo Fiber Glo Fiber provides next-generation fiber-to-the-home (FTTH) multi-gigabit broadband internet access, live streaming TV, and digital phone service powered by Shentel (Nasdaq: SHEN). With services now available to approximately 363,000 homes and businesses, Glo Fiber offers reliable, symmetrical broadband service using state-of-the-art technology, including XGS-PON 10 Gbps networks. About Shenandoah Telecommunications Shenandoah Telecommunications Company (Shentel) provides broadband services through its high speed, state-of-the-art fiber optic and cable networks to residential and commercial customers in eight contiguous states in the eastern United States. Shentel's services include: broadband internet, video, voice, high-speed Ethernet, dark fiber leasing, and managed network services. The Company owns an extensive regional network with over 17,200 route miles of fiber. For more information, please visit Media Contact: Jennifer McDowell, Shentel [email protected] 540-984-5055 A photo accompanying this announcement is available at
Yahoo
05-05-2025
- Business
- Yahoo
Why Shenandoah Telecommunications Company (SHEN) is Among the Best Small Cap Stocks to Buy with the Biggest Upside Potential
We recently published a list of . In this article, we are going to take a look at where Shenandoah Telecommunications Company (NASDAQ:SHEN) stands against other top small cap stocks to buy with biggest upside potential. On April 24, Jill Carey Hall, BofA Securities head of U.S. small/mid-cap strategy, appeared on 'Closing Bell' to talk about the impact of tariffs on small caps. She also discussed the outlook for the category, saying that the earnings backdrop is essential. When we look back a year ago, investors were excited about small caps, as the earnings were recovering and the market was coming out of the 2023 earnings recession. Everyone expected that these stocks would see double-digit earnings growth by mid-last year, outpacing large caps. That got pushed out for over a year, and now the sector has sold off a lot. While we have gotten some potential good news on tariffs, there is still a lot of uncertainty, and we are in a backdrop where earnings revisions have still been negative. She opined that she would feel more comfortable if we were in a backdrop where there was confidence in earnings recovery because last earnings season, the commentary was a lot more negative from small-cap companies than large-cap companies. So far, this earnings season is still early for small caps, but guidance in both large and small has been weak. READ ALSO: and . Hall said that the sector would see a much better picture if earnings revisions turned around with higher confidence, and not only the tariffs were better than expected but also the economic backdrop was better. However, we are also in a place where economists think the Fed will stay on hold this year, and the Russell has been very sensitive to Fed expectations. Her outlook for small caps thus points towards a more credit-sensitive environment highly tethered to Fed expectations, with no anticipation of a rate cut this year. She also highlighted that looking at corporate commentary as small-cap reporting kicks off is important. Not all small caps are created equal, even when some people consider them to be so. Hall opined that this is definitely a year where you want to be selective in small caps, focusing on stocks with strong margins amid tariff uncertainty. She favored high-quality domestic stocks, steering clear of tariff and refinancing risks and focusing on stocks with positive revisions in this broad backdrop of negative revisions. There are groups of stocks that are more sensitive to tariffs, just as there are groups that are more global and domestic. Similarly, some groups are more levered with higher refinancing risks within small caps if the rate stays higher and credit spreads stay elevated. Therefore, she reasoned that she would stick with higher-quality stocks that are more profitable and have strong operating margins. Stocks with these characteristics have been some of the top performers within the industry amid tariff risks. From a sector perspective, if investors want to be more defensive, utilities screen well across the work, both in small and large caps. There will thus be opportunities in the segment, according to Hall, but one needs to be selective. She also expressed positive sentiments for mid-caps, which have been one of the best performers in the sector this year. They have seen much better revision trends, cleaner balance sheets, and fewer risks from potential earnings hits from tariffs than small caps because the latter have thinner margins and could see a greater hit. We sifted through stock screeners, financial media reports, and ETFs to compile a list of 30 small cap stocks and chose the top 11 with the biggest analyst upside potential as of May 2, 2025. We also included the number of hedge fund holders as of Q4 2024, which we sourced from Insider Monkey's database. The list is presented in ascending order of stocks' upside potential. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 363.5% since May 2014, beating its benchmark by 208 percentage points (). A technician setting up a tower to improve the city's broadband coverage. Market Cap: $630.31 million Analyst Upside: 133.39% Number of Hedge Fund Holders: 14 Shenandoah Telecommunications Company (NASDAQ:SHEN) provides regulated and unregulated telecommunication services to end-user customers and other telecommunication providers. Its services include broadband Internet, voice, video, high-speed Ethernet, managed network services, and dark fiber leasing. It has an elaborate regional network comprising more than 16,800 route miles of fiber. Analyst Hamed Khorsand from BWS Financial revisited Shenandoah Telecommunications Company (NASDAQ:SHEN) on May 1, giving it a Buy rating and setting a $26.00 price target. The analyst said that the company holds potential for financial improvement and growth, as it has undergone consistent expansion in its Glo Fiber customer base. Subscriber numbers for the service reached around 71,000 and are anticipated to exceed 75,500 by the end of fiscal Q2. This positive growth trajectory highlights the potential for future growth and a solid market presence, ranking it tenth on our list of the best small-cap stocks to buy with the highest upside potential. Khorsand also said that Shenandoah Telecommunications Company (NASDAQ:SHEN) is on the path to generating free cash flow with continuous network expansion, with homes passed reaching 600,000 and penetration rate surpassing 20% in Glo Fiber areas. Although the company has exposure to debt because of network expansion, its adjusted EBITDA is growing faster than expected, which reflects operational efficiency and financial resilience. These factors thus support the analyst's buy rating. Overall, SHEN ranks 10th on our list of top small cap stocks to buy with biggest upside potential. While we acknowledge the potential for SHEN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SHEN but trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
16-02-2025
- Business
- Yahoo
Shenandoah Telecommunications Insiders Added US$1.35m Of Stock To Their Holdings
It is usually uneventful when a single insider buys stock. However, When quite a few insiders buy shares, as it happened in Shenandoah Telecommunications Company's (NASDAQ:SHEN) case, it's fantastic news for shareholders. While insider transactions are not the most important thing when it comes to long-term investing, logic dictates you should pay some attention to whether insiders are buying or selling shares. Check out our latest analysis for Shenandoah Telecommunications The Chairman Christopher French made the biggest insider purchase in the last 12 months. That single transaction was for US$276k worth of shares at a price of US$14.96 each. That means that even when the share price was higher than US$11.90 (the recent price), an insider wanted to purchase shares. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels. In the last twelve months Shenandoah Telecommunications insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. For a common shareholder, it is worth checking how many shares are held by company insiders. I reckon it's a good sign if insiders own a significant number of shares in the company. Insiders own 4.3% of Shenandoah Telecommunications shares, worth about US$28m. This level of insider ownership is good but just short of being particularly stand-out. It certainly does suggest a reasonable degree of alignment. It doesn't really mean much that no insider has traded Shenandoah Telecommunications shares in the last quarter. But insiders have shown more of an appetite for the stock, over the last year. Insiders own shares in Shenandoah Telecommunications and we see no evidence to suggest they are worried about the future. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 1 warning sign that you should run your eye over to get a better picture of Shenandoah Telecommunications. But note: Shenandoah Telecommunications may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
