Pulling SEC filings + quote and writing the call…

SHENANDOAH TELECOMMUNICATIONS CO/VA/
Next earnings Jul 29, 2026 · consensus $-0.25 EPS, $94.7M rev
Last earnings +3.6% on 2026-05-01
Heavy fiber capex burning cash, debt up 54% to $628M, FY25 swung to a $32.9M loss — wait for FCF inflection.
Shentel is mid-transformation into a pure-play regional fiber broadband operator across eight eastern states with ~19,000 route miles, and the FY2025 numbers show the cost of that pivot rather than the payoff. Revenue grew a respectable 9.1% to $358M, but operating income was -$23.2M, net income swung to -$32.9M (from +$194M in FY2024, which was inflated by non-operating items given the operating line was already negative), and diluted EPS was -$0.71. Operating margin of -6.5% and ROE of -3.7% confirm the core business is not yet earning its cost of capital.
Sources: SEC EDGAR (CIK 0000354963, latest 10-Q filed 2026-05-01) · EODHD · analysis by claude-code · as of 6/25/2026, 2:58:53 PM.
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The risks, catalysts, 12-month price target and the cited SEC figures behind this rating — with Pro.
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| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $245M | $249M | $269M | $328M | $358M |
| Gross profit | — | — | — | — | — |
| Operating income | -$2.43M | -$17.5M | $142K | -$28.6M | -$23.2M |
| Net income | $999M | -$8.38M | $8.04M | $194M | -$32.9M |
| Diluted EPS | $19.92 | -$0.17 | $0.16 | $3.54 | -$0.71 |
| Net margin | 407.3% | -3.4% | 3.0% | 59.1% | -9.2% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Executive officer change disclosed under Item 5.02; leadership transition continues.
Q1 2026 10-Q filed; first full quarter under new CEO McKay and ABS capital stack.
Q1 2026 10-Q filed; first full quarter under new CEO McKay and ABS capital stack.
Annual meeting voting results plus Reg FD disclosure; routine governance update.
2026 proxy: director slate, exec comp, and post-CEO-transition governance.
FY25: rev +9% to $358M, net loss $32.9M; LT debt +54% on $567M ABS refi.
FY25: rev +9% to $358M, net loss $32.9M; LT debt +54% on $567M ABS refi.
FY25: rev +9% to $358M, net loss $32.9M; LT debt +54% on $567M ABS refi.
Officer change disclosed under 5.02, part of broader leadership transition.
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
1049 tracked peers · median
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
| 2026-06-01 | SCHULTZ LEIGH ANN Director | Award | 41.80 @ $15.95 | $666.67 |
| 2026-06-01 | Rhymes Michael Anthony Director | Award | 31.35 @ $15.95 | $500.00 |
| 2026-06-01 | QUAGLIO KENNETH L Director | Award | 26.12 @ $15.95 | $416.67 |
| 2026-06-01 | Koontz Richard L Jr Director | Award | 31.35 @ $15.95 | $500.00 |
| 2026-06-01 | Beckett Thomas Director | Award | 25.08 @ $15.95 | $400.00 |
| 2026-06-01 | BARNES VICTOR CHRISTOPHER Director | Award | 51.20 @ $15.95 | $816.67 |
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.