Headquartered in Edinburg, VA Fiscal year ends December NASDAQ: SHEN shentel.com
Shenandoah Telecommunications Company (Shentel) provides broadband services through high-speed fiber optic and cable networks to residential and commercial customers in eight contiguous states in the eastern United States. The company's services include broadband internet, video, voice, high-speed Ethernet, dedicated internet access, dark fiber leasing, and managed network services. Shentel owns an extensive regional network with over 20,000 route miles of fiber. The company operates through four segments: Residential & SMB in Incumbent Broadband Markets (hybrid fiber coaxial cable and FTTH in legacy markets), Glo Fiber Expansion Markets (FTTH in greenfield expansion markets), Commercial Fiber (enterprise-grade fiber services), and RLEC & Other (rural local exchange carrier operations). The company is in a multi-year transition to a fiber-first business model, with its Glo Fiber brand serving as the primary growth vehicle through greenfield FTTH deployments across the eastern U.S. Updated
East West Bancorp is handing shareholders the most cash today, $109.6 million at 80 cents a share, landing November 17. Dorchester Minerals follows with $43.3 million, and its 88.23 cents per unit is the richest per-share payment of the five.
Fiber is now 52% of Shentel's revenue, and the capex bill to get there just went up: 2026 spending guidance rose to $255-$275 million as subsidy reimbursements slip into 2027. The loss per share still beat expectations, with full-year revenue and adjusted EBITDA targets held intact.
Shenandoah Telecommunications Company (Shentel) provides broadband services through high-speed fiber optic and cable networks to residential and commercial customers in eight contiguous states in the eastern United States.
The Wall Street consensus 12-month price target for SHEN is $27.50.