USM stock icon

United States Cellular
USM

$52.97
1.57%
 

About: us Cellular is a regional wireless carrier that serves about 4.5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. us Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers. The firm has agreed to sell its wireless operations and 30% of its wireless spectrum licenses to T-Mobile, a transaction that it expects to close in mid-2025.

Employees: 4,300

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
0
News positive %
of 23 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

429% more call options, than puts

Call options by funds: $76.2M | Put options by funds: $14.4M

100% more funds holding in top 10

Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]

0.3% less ownership

Funds ownership: 29.4% [Q4 2023] → 29.1% (-0.3%) [Q1 2024]

13% less capital invested

Capital invested by funds: $635M [Q4 2023] → $552M (-$82.8M) [Q1 2024]

15% less funds holding

Funds holding: 137 [Q4 2023] → 116 (-21) [Q1 2024]

17% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 46

66% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 32

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$51
4%
downside
Avg. target
$65
23%
upside
High target
$75
42%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Wells Fargo
Eric Luebchow
42%upside
$75
Overweight
Upgraded
30 May 2024
JP Morgan
Sebastiano Petti
30%upside
$69
Overweight
Maintained
29 May 2024
JP Morgan
Sebastiano Petti
4%downside
$51
Overweight
Maintained
13 May 2024

Financial journalist opinion

Based on 23 articles about USM published over the past 30 days