The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

TDS

Concerning the House

Telephone and Data Systems, Inc., a telecommunications company, provides communications services to residential, commercial, and wholesale customers in the United States. It operates through two segments: TDS Telecom and Array. The company offers internet connections and all-home Wi-Fi services, fiber internet, security, and support services; advanced home TV entertainment combined with a digital video recording (DVR) services; TDS TV+, an integrated cloud TV platform that combines linear and on-demand programming, mobile device interfaces, personalized recommendations, and network-based DVR; digital television; local and long-distance telephone service, voice over internet protocol, and enhanced services; wireless services to customers; broadband, IP-based services, and hosted voice and video collaboration services to small- and medium-sized businesses; carrying data and voice traffic services; wholesale services; and communication services in underserved areas. The company is also leases tower spaces to tenants; provides ancillary services. The company sells and distributes its products through third-party direct sales, retail stores, sales agents, and an online platform to sell services and products. Telephone and Data Systems, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

United States · www.tdsinc.com

The Long Run

FY 2010–2025 · 16 years

LineLatestCAGRTrend
Revenue$1.23B-9.0%
Operating income-$191.26M-5.3%
Net income-$6.24M-3.2%
Cash from ops$589.89M-5.7%
Quotation

$35.04

+1.87 (+5.6%)

52w hi$47.50
52w lo$32.98
Vol584.28K
As ofAug 13
The Verdict

Sell

Our score -0.97

Short-0.83
Medium-1.20
Long-0.79

computed 2026-08-13

By the Numbers

Telephone and Data Systems, Inc.

Communication Services · Telecom Services

Market cap$4.03B
Enterprise value$4.18B
Trailing P/E8.76x
Forward P/E4309.96x
EV / EBITDA12.96x
P / S (ttm)3.21x
Profit margin33.2%
Return on equity11.8%
Revenue growth+3.6%
Earnings growth
Debt / equity23.12
Risk Metrics
Beta vs SPX0.73
Corr SPX0.33
Annual vol36.1%
Annual ret+32.6%
Sharpe0.90
Max DD-30.7%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.15
Sector-0.02
Technical-0.53
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-13

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$33.43$35.21$33.33$35.04584.28K
Aug 12$33.33$33.78$33.00$33.17820.00K
Aug 11$33.61$33.94$32.87$33.331.00M
Aug 10$33.00$33.75$32.56$33.701.51M
Aug 7$35.22$35.27$31.51$32.983.33M