United States Cellular Corporation (USM)

NYSE: USM · IEX Real-Time Price · USD
55.46
+4.74 (9.35%)
May 31, 2024, 4:00 PM EDT - Market closed
9.35%
Market Cap 4.71B
Revenue (ttm) 3.87B
Net Income (ttm) 60.00M
Shares Out 85.00M
EPS (ttm) 0.67
PE Ratio 82.78
Forward PE 69.07
Dividend n/a
Ex-Dividend Date n/a
Volume 890,784
Open 50.72
Previous Close 50.72
Day's Range 50.31 - 56.97
52-Week Range 13.79 - 56.97
Beta 0.45
Analysts Buy
Price Target 60.67 (+9.39%)
Earnings Date May 3, 2024

About USM

United States Cellular Corporation provides wireless telecommunications services in the United States. The company offers wireless services, including voice, messaging, and data services. It also provides wireless devices, such as handsets, tablets, mobile hotspots, home phones, and routers, as well as wireless essentials, including cases, screen protectors, chargers, and memory cards; and consumer electronics comprising audio, home automation, and networking products. In addition, it sells wireless devices to agents and other third-party distr... [Read more]

IPO Date May 4, 1988
Employees 4,300
Stock Exchange NYSE
Ticker Symbol USM
Full Company Profile

Financial Performance

In 2023, USM's revenue was $3.91 billion, a decrease of -6.31% compared to the previous year's $4.17 billion. Earnings were $54.00 million, an increase of 80.00%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for USM stock is "Buy." The 12-month stock price forecast is $60.67, which is an increase of 9.39% from the latest price.

Price Target
$60.67
(9.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

T-Mobile's Game-Changing $4.4 Billion Deal With U.S. Cellular Sets New Record Highs - T-Mobile US (NASDAQ:TMUS)

T-Mobile Us Inc TMUS is boosting its network by acquiring United States Cellular Corp USM wireless operations and much of its spectrum assets for $4.4 billion. This aims to improve T-Mobile's coverage...

Other symbols: TMUS
1 day ago - Benzinga

T-Mobile to Acquire UScellular Wireless Operations and Deliver Exceptional Value, a Superior 5G Experience and Unparalleled Benefits to Millions of Customers

BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile (NASDAQ: TMUS) and UScellular (NYSE: USM) today announced that T-Mobile has agreed to acquire substantially all of UScellular's wireless operations. This inc...

Other symbols: TMUS
3 days ago - Business Wire

T-Mobile Scoops Up US Cellular Assets for $2.4 Billion

T-Mobile US Inc., the second-largest mobile carrier in the US, has agreed to buy US Cellular Corp.'s wireless operations and some of its spectrum assets for about $2.4 billion. Bloomberg's Lynn Doan r...

Other symbols: TMUS
3 days ago - Bloomberg Markets and Finance

T-Mobile to buy almost all of U.S. Cellular in deal worth $4.4 billion

T-Mobile is buying U.S. Cellular's wireless operations and certain spectrum assets in a deal valued at $4.4 billion, and further consolidating the industry. T-Mobile would get more than 4 million new ...

Other symbols: TMUS
3 days ago - New York Post

T-Mobile keeps getting bigger: Now it's buying U.S. Cellular to beef up service in rural areas

The announcement comes one month after T-Mobile's deal to scoop up Mint Mobile was approved and four years after it merged with Sprint.

Other symbols: TMUS
3 days ago - Fast Company

T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal — what it means for customers

T-Mobile will use U.S. Cellular's wireless operations to improve coverage in rural areas. Here's how the news impacts current customers.

Other symbols: TMUS
3 days ago - The Street

US Cellular Surges as T-Mobile To Pay $4.4B for Most of Carrier's Operations

Telecommunications giant T-Mobile (TMUS) announced Tuesday that it would acquire "substantially all" of U.S. Cellular's (USM) wireless operations in a deal valued at $4.4 billion.

Other symbols: TMUS
3 days ago - Investopedia

T-Mobile Buying Most Of U.S. Cellular In $4.4 Billion Deal—Its Latest Expansion

T-Mobile will buy most of U.S. Cellular's operations in a deal valued at $4.4 billion, both companies announced Tuesday, the latest billion-dollar transaction by the wireless carrier as it expands cov...

Other symbols: TMUS
3 days ago - Forbes

T-Mobile announces a $4.4 billion deal with U.S. Cellular

T-Mobile U.S. Inc (NASDAQ: TSUM) is in focus today after announcing plans of buying most of U.S. Cellular for about $4.4 billion. Details of T-Mobile's agreement with $USM The all-cash agreement will ...

Other symbols: TMUS
3 days ago - Invezz

T-Mobile is buying most of US Cellular for $4.4 Billion

Telecoms giant T-Mobile is buying US Cellular's wireless operations for $4.4 billion. The regional carrier has been up for sale since last year and mostly services rural customers.

Other symbols: TMUS
3 days ago - Business Insider

T-Mobile Is Buying US Cellular's Wireless Unit in $4.4 Billion Deal

Fresh off its purchase of Mint Mobile, T-Mobile has gone shopping again.

Other symbols: TMUS
3 days ago - CNET

T-Mobile to acquire most of US Cellular's assets in $4.4B deal

T-Mobile announced on Tuesday that it agreed to acquire “substantially all" of U.S. Cellular's wireless operations in a deal valued at $4.4 billion, including debt.

Other symbols: TMUS
3 days ago - Fox Business

T-Mobile to Buy Most of U.S. Cellular's Wireless Operations for $4.4 Billion

T-Mobile announces the purchase of U.S. Cellular's wireless operations and about 30% of the company's spectrum assets across several spectrum bands for $4.4 billion.

Other symbols: TMUS
3 days ago - Barrons

T-Mobile to acquire most of US Cellular in $4.4 billion deal

T-Mobile plans to acquire most of U.S. Cellular, in a deal worth $4.4 billion.

Other symbols: TMUS
3 days ago - CNBC Television

T-Mobile to buy US Cellular's wireless operations in deal valued at $4.4 billion

T-Mobile will buy substantially all of regional carrier United States Cellular's wireless operations in a deal valued at $4.4 billion, the telecom giant said on Tuesday.

Other symbols: TMUS
3 days ago - Reuters

T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal

Shares of U.S. Cellular jumped after T-Mobile announced Tuesday that it plans to acquire most of U.S. Cellular in a deal worth $4.4 billion. T-Mobile said it will use U.S. Cellular wireless spectrum t...

Other symbols: TMUS
3 days ago - CNBC

U.S. Cellular to sell wireless operations and some spectrum assets to T-Mobile in a deal valued at $4.4 billion

U.S. Cellular Corp. USM, -0.81%, and its parent Telephone and Data Systems Inc. TDS, -0.37%, announced an agreement Tuesday in which U.S. Cellular's wireless operations and certain spectrum assets wil...

Other symbols: TMUS
3 days ago - Market Watch

T-Mobile to Buy Most of U.S. Cellular in $4.4 Billion Deal

The agreement, which includes up to $2 billion of assumed debt, would give T-Mobile more than four million new customers.

Other symbols: TMUS
3 days ago - WSJ

UScellular and TDS Announce Sale of Wireless Operations and Select Spectrum Assets to T-Mobile for Approximately $4.4 Billion in Cash and Assumed Debt

T-Mobile, after acquiring UScellular's wireless operations and customers, will use its greater resources to deliver benefits to UScellular customers, including lower prices, more robust plans, superio...

Other symbols: TDS
3 days ago - PRNewsWire

TDS Board Announces Unanimous Support for Sale of UScellular's Wireless Operations and Select Spectrum Assets to T-Mobile

TDS believes transaction delivers significant value to UScellular customers and shareholders TDS announces second quarter 2024 dividends TDS and UScellular to hold conference call at 8:30 a.m. Central...

Other symbols: TDS
3 days ago - PRNewsWire

TDS AND USCELLULAR TO WEBCAST ANNUAL MEETINGS OF SHAREHOLDERS

CHICAGO , May 10, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. [NYSE: TDS] and United States Cellular Corporation [NYSE: USM] announce the following webcasts: UScellular's Annual Meeting of S...

Other symbols: TDS
21 days ago - PRNewsWire

WSJ: T-Mobile & Verizon in talks to carve up U.S. Cellular

Walter Piecyk, LightShed Partners, joins 'Squawk Box' to discuss news that T-Mobile and Verizon are in talks to carve up regional carrier U.S. Cellular, who stands to benefit from the deal, state of t...

Other symbols: TMUSVZ
21 days ago - CNBC Television

U.S. Cellular Stock Pops on Possible Sale to Verizon, T-Mobile

The Journal reported on Thursday that Verizon and T-Mobile are looking to split the purchase of U.S. Cellular.

Other symbols: TMUSVZ
22 days ago - Barrons

T-Mobile, Verizon in talks to buy parts of US Cellular, WSJ reports

T-Mobile and Verizon Communications are in talks to buy parts of United States Cellular in separate transactions, the Wall Street Journal reported on Thursday.

Other symbols: TMUSVZ
22 days ago - Reuters