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Wednesday, February 1, 2023

United States Cellular Corporation (NYSE: USM): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for United States Cellular Corporation (USM) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$1.14, or -4.98%, to $21.74. The United States Cellular Corporation has recorded 4,568 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that TDS and UScellular to Present at Citi’s 2023 Communications, Media & Entertainment Conference.

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Stocks Info

USM belongs to the Communication Services sector of the NYSE while operating in the Telecom Services industry. At the end of the last regular session, the stock closed at $22.88 and fluctuated between $23.03 as its day high and $22.44 as its day low. The current market capitalization of United States Cellular Corporation is $1.95B. A total of 0.54 million shares were traded on the day, compared to an average of 263.13K shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, USM has seen 0 BUY and 1 SELL insider trades, representing the acquisition of 0 and the disposition of 1,834 shares. Over the last 12 months, there were 10 BUYs and 9 SELLs from insiders. Insiders purchased 78,254 shares during that period but sold 64,095.

In the most recent transaction, JOSEFOWICZ GREGORY P sold 1,834 shares of USM for 19.61 per share on Dec 09. After the transaction, the Director now owns 18,981 company shares. In a previous transaction on Aug 16, Drake Deirdre sold 8,574 shares at 30.55 per share. USM shares that EVP-Chief People Officer owns now total 0.

Among the insiders who sold shares, Drake Deirdre disposed of 49 shares on Aug 11 at a per-share price of $30.70. This resulted in the EVP-Chief People Officer holding 8,574 shares of USM after the transaction. In another insider transaction, Drake Deirdre sold 7,364 shares at $30.68 per share on Aug 10. Company shares held by the EVP-Chief People Officer now total 8,623.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. USM’s most recent ex-dividend date was 6/7/2013 when it declared a $0.0575 quarterly dividend that was paid in cash on 6/25/2013.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for USM in the last 3 months, the mean price target is $32.00 with high estimates of $37.00 and low estimates of $24.00. In terms of 52-week highs and lows, USM has a high of $32.71 and a low of $19.22.

As of this writing, USM has an earnings estimate of $0.22 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.29 per share and a lower estimate of $0.12. The company reported an EPS of $0.57 in the last quarter, which was 18.70% higher than expectations of $0.48.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 7 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for USM is Overweight with a score of 3.00. A total of 2 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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