Shenandoah Telecommunications Co (SHEN)

From the record

Shenandoah Telecommunications Co's filings since 2017 show 4 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2017-03-20); an auditor change (8-K item 4.01, the latest 2022-03-03); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2018-03-01) (its current reports).

From the record

Shenandoah Telecommunications Co's 10 filed years say what it did: revenue went from $535 million in fiscal 2016 to $358 million in fiscal 2025, down 4.4% a year; it rose in 8 of 9 years; the deepest fall was 69% from fiscal 2017 to fiscal 2018; net income was positive in 7 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Shenandoah Telecommunications Co's diluted share count grew about 3.2% a year, and dividends and buybacks returned about 6% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 6 purchases of their own stock on the open market in the year to 2026-11-09, buying about $94 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Shenandoah Telecommunications Co lost about 4 cents for every dollar of shareholders' money. Leverage: it owed about 54 cents per dollar of assets, and net share issuance: its share count grew 2.6% over the year (the filed statements).

From the record

Shenandoah Telecommunications Co's standing among 19 graded names in its industry family: revenue of $358 million in fiscal 2025 ranks in the bottom 42% by size; a net margin of -9.2% ranks in the bottom 18%; revenue growth of 12.9% a year over the last 3 filed years ranks in the top 39% (its annual reports).

From the record

Shenandoah Telecommunications Co's leadership, from its insiders' filings and its current reports: the chief executive on the record is Mckay, Edward H (President & CEO, as filed), filing under that title since 2026-02-05, 9 months (bottom 15% of its family); the 21 officers and directors filing in the last fifteen months have been on the record a median of 7.4 years (top 32%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 21 people in charge now (top 42%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Shenandoah Telecommunications Co's room to grow, from the newest filed statements (fiscal 2025): cash of $27 million against debt of $628 million leaves -31.5% of its assets as net cash, bottom 23% of its family; cash from operations less capital spending is -72.1% of revenue (bottom 3%) (its annual report).

From the record

Shenandoah Telecommunications Co's growth drivers, from the filed years to fiscal 2025: revenue grew 12.9% a year over the last three filed years against -4.4% over all 10, speeding up (top 8% of its family); the newest year grew 9.1% (top 29%); capital spending grew 23.8% a year (top 3%) (its annual reports). Shenandoah Telecommunications Co reported 5 product lines in fiscal 2025: Residential and SMB Incumbent Broadband at $170 million (47%), Residential and SMB Glo Fiber Expansion Markets at $83 million (23%), Commercial Fiber at $79 million (22%), and 2 more; 4 of 5 grew against the year before (its annual report).

From the record

Shenandoah Telecommunications Co's newest year against its own record: revenue of $358 million in fiscal 2025 came in 5% below the $377 million its prior three years' pace pointed to (bottom 26% of its family); net income of $33 million against a prior three-year average of $64 million (bottom 9%); a net margin of -9.2% against 19.6% before (bottom 9%) (its annual reports).