Shenandoah Telecommunications Company (Shentel) provides a broad range of diversified communications services through its high speed, state-of-the-art wireless, cable and fiber optic and fixed wireless networks to customers in the Mid-Atlantic United States. The Company's services include: broadband internet, video, and digital voice; fiber optic Ethernet, wavelength and leasing; telephone voice and digital subscriber line; tower colocation leasing; and wireless voice and data. Shentel is the exclusive personal communications service ('PCS') Affiliate of Sprint in a multi-state area covering large portions of central and western Virginia, south-central Pennsylvania, West Virginia, and portions of Maryland, and Kentucky.

Company profile
Ticker
SHEN
Exchange
Website
CEO
Christopher French
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Shenandoah Cable Television, LLC • Shenandoah Mobile, LLC • Shenandoah Personal Communications, LLC • Shenandoah Telephone Company • Shentel Management Company ...
IRS number
541162807
SHEN stock data
Press releases
Glo Fiber Announces Plans to Expand its High-Speed Fiber-Optic Network into York County, PA
16 Aug 22
Shenandoah Telecommunications Company to Hold its Second Quarter 2022 Earnings Call at 8:30 a.m. on Wednesday, August 3, 2022
27 Jul 22
Shentel Awarded Grant to bring its Glo Fiber High-Speed Network to Frederick County, Maryland
13 Jul 22
Glo Fiber Enterprise to Offer Comprehensive Telecommunications Services to Massanutten Resort
7 Jul 22
DARA LESLIE APPOINTED AS SENIOR VICE PRESIDENT OF SALES AND MARKETING FOR SHENTEL
20 Jun 22
Calendar
3 Aug 22
18 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 33.34M | 33.34M | 33.34M | 33.34M | 33.34M | 33.34M |
Cash burn (monthly) | 6.88M | 17.95M | 1.24M | 905.58K | (no burn) | 30.45M |
Cash used (since last report) | 11.34M | 29.58M | 2.05M | 1.49M | n/a | 50.16M |
Cash remaining | 22M | 3.76M | 31.29M | 31.84M | n/a | -16.82M |
Runway (months of cash) | 3.2 | 0.2 | 25.2 | 35.2 | n/a | -0.6 |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Aug 22 | Victor Christopher Barnes | COMMON | Grant | Acquire A | No | No | 22.3 | 45.964 | 1.02K | 45.964 |
1 Aug 22 | Thomas Beckett | Common Stock | Grant | Acquire A | No | No | 22.3 | 17.937 | 400 | 4,883.481 |
1 Aug 22 | Tracy Fitzsimmons | Common Stock | Grant | Acquire A | No | No | 22.3 | 46.712 | 1.04K | 23,866.607 |
1 Aug 22 | Richard L Koontz Jr | Common Stock | Grant | Acquire A | No | No | 22.3 | 22.422 | 500 | 32,919.501 |
1 Aug 22 | Kenneth L Quaglio | Common Stock | Grant | Acquire A | No | No | 22.3 | 28.027 | 625 | 7,888.002 |
Institutional ownership, Q2 2022
54.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 147 |
Opened positions | 18 |
Closed positions | 25 |
Increased positions | 51 |
Reduced positions | 50 |
13F shares | Current |
---|---|
Total value | 601.37M |
Total shares | 27.09M |
Total puts | 23K |
Total calls | 10.2K |
Total put/call ratio | 2.3 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 8.04M | $178.47M |
Vanguard | 5.26M | $116.79M |
Dimensional Fund Advisors | 1.89M | $42.05M |
STT State Street | 1.86M | $41.23M |
Geode Capital Management | 887.47K | $19.7M |
DAVENPORT & Co | 807.58K | $17.93M |
Renaissance Technologies | 689.09K | $15.3M |
Broad Run Investment Management | 667.73K | $14.82M |
Charles Schwab Investment Management | 540.98K | $12.01M |
NTRS Northern Trust | 517.6K | $11.49M |
Financial report summary
?Competition
Lumen • Frontier Communications Parent • Verizon Communications • AT&T • DISH Network • Dish Network • SBA Communications • Crown Castle • Netflix • ComcastManagement Discussion
- Revenue increased approximately $5.3 million, or 8.8%, during the three months ended June 30, 2022 compared with the three months ended June 30, 2021, driven by growth of $5.2 million, or 9.2%, in the Broadband segment and $0.1 million, or 1.9%, in the Tower segment. Refer to the discussion of the results of operations for the Broadband and Tower segments, included within this MD&A, for additional information.
- Operating expenses increased approximately $10.8 million, or 18.6%, for the three months ended June 30, 2022 compared with the three months ended June 30, 2021, driven primarily by a $4.1 million impairment expense for Beam fixed wireless in our Broadband segment, $5.2 million of incremental Broadband operating expenses incurred primarily to support the expansion of Glo Fiber branded services, and $1.3 million of incremental Corporate operating expenses primarily driven by stock-based compensation grants.
- Other income (expense), net decreased $1.9 million primarily due to lower income from investments.
Content analysis
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H.S. sophomore Avg
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New words:
accommodate, achieved, assistance, ASU, burden, certainty, Committee, complement, comprised, conformity, construction, costly, criteria, defend, Department, deploying, development, DHCD, download, drew, effort, enacted, entity, environment, ERP, established, experience, exploration, FASB, force, Frederick, functional, functionality, hierarchy, Housing, Human, impose, incumbent, issuable, key, Level, matter, MD, ongoing, outcome, partnering, permanently, placement, predicted, preliminary, reevaluation, refund, regular, Reimbursable, resource, retention, sheet, streamlining, supervision, task, Technology, Telecommunication, thoughtfully, Topic, treated, turnover, unadjusted, underserved, unfavorable, unserved, upgraded, upload, VA, VATI, wide
Removed:
alternative, applicable, billed, consistent, identification, incur, light, performed, rollout, terminate, transition
Financial reports
Current reports
8-K
Shenandoah Telecommunications Company Reports Second Quarter 2022 Results
3 Aug 22
8-K
Shenandoah Telecommunications Company Reports First Quarter 2022 Results
28 Apr 22
8-K
Amendments to Articles of Incorporation or Bylaws
22 Apr 22
8-K
Changes in Registrant's Certifying Accountant
3 Mar 22
8-K
Shenandoah Telecommunications Company Reports Fourth Quarter and Full Year 2021 Results
28 Feb 22
8-K
Departure of Directors or Certain Officers
28 Feb 22
8-K
Departure of Directors or Certain Officers
25 Jan 22
8-K
Shenandoah Telecommunications Company Reports Third Quarter 2021 Results
28 Oct 21
8-K
Departure of Directors or Certain Officers
23 Aug 21
8-K
Departure of Directors or Certain Officers
30 Jul 21
Registration and prospectus
Proxies
DEFA14A
Additional proxy soliciting materials
4 Mar 22
DEFA14A
Additional proxy soliciting materials
4 Mar 21
DEFA14A
Additional proxy soliciting materials
31 Mar 20
DEFA14A
Additional proxy soliciting materials
27 Feb 20
DEFA14A
Additional proxy soliciting materials
7 Mar 19
DEF 14A
Definitive proxy
14 Mar 18
Ownership
4/A
SHENANDOAH TELECOMMUNICATIONS / HEATHER K BANKS ownership change
5 Aug 22
4/A
SHENANDOAH TELECOMMUNICATIONS / JAMES J VOLK ownership change
5 Aug 22
4/A
SHENANDOAH TELECOMMUNICATIONS / RICHARD W MASON JR ownership change
5 Aug 22
4/A
SHENANDOAH TELECOMMUNICATIONS / ELAINE CHENG ownership change
5 Aug 22
4/A
SHENANDOAH TELECOMMUNICATIONS / Edward H McKay ownership change
5 Aug 22
4
SHENANDOAH TELECOMMUNICATIONS / KENNETH L QUAGLIO ownership change
1 Aug 22
4
SHENANDOAH TELECOMMUNICATIONS / Richard L Koontz Jr ownership change
1 Aug 22
4
SHENANDOAH TELECOMMUNICATIONS / Tracy Fitzsimmons ownership change
1 Aug 22
4
SHENANDOAH TELECOMMUNICATIONS / Thomas Beckett ownership change
1 Aug 22
4
SHENANDOAH TELECOMMUNICATIONS / VICTOR CHRISTOPHER BARNES ownership change
1 Aug 22
Transcripts
2022 Q2
Earnings call transcript
5 Aug 22
2022 Q1
Earnings call transcript
29 Apr 22
2021 Q4
Earnings call transcript
1 Mar 22
2021 Q3
Earnings call transcript
29 Oct 21
2021 Q2
Earnings call transcript
31 Jul 21
2021 Q1
Earnings call transcript
30 Apr 21
2020 Q4
Earnings call transcript
28 Feb 21
2020 Q3
Earnings call transcript
8 Nov 20
2020 Q2
Earnings call transcript
2 Aug 20
2020 Q1
Earnings call transcript
3 May 20
Reddit threads
Daily Discussion Thread - August 3rd, 2022
3 Aug 22
Daily Discussion Thread - August 2nd, 2022
2 Aug 22
Daily Discussion Thread - August 1st, 2022
1 Aug 22
Too good to be true?
19 Jul 22
$SHEN Shenandoah Telecommunications looks like a good one but not sure
28 Jun 22
Daily Discussion Thread - April 28th, 2022
28 Apr 22
Daily Discussion Thread - April 27th, 2022
27 Apr 22
Daily Discussion Thread - April 26th, 2022
26 Apr 22
Held calls thru ex-divi date. $30k vanished overnight. Like giving an infant power tools.
22 Mar 22
Daily Discussion Thread - February 28th, 2022
28 Feb 22