What the Delay in T-Mobile's $60B Shareholder Return Means for Investors: Expert Opinions from Analysts
Portfolio Pulse from Anusuya Lahiri
Analysts from Raymond James and Citi have maintained their buy ratings on T-Mobile US (NASDAQ:TMUS) but adjusted their price targets due to changes in the company's shareholder return plans. T-Mobile's $60 billion total shareholder return will come later than expected, in early 2026 instead of by year-end 2025. The company plans to return $19 billion between 4Q23 and year-end 2024, which is less than previously modeled. The return will now include a nearly 2% dividend yield.
September 08, 2023 | 6:06 pm
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NEUTRAL IMPACT
T-Mobile's delayed $60 billion total shareholder return and lower than expected return of $19 billion between 4Q23 and year-end 2024 may impact the company's stock. However, the initiation of a nearly 2% dividend yield could attract investors.
The delay in T-Mobile's total shareholder return and the lower than expected return between 4Q23 and year-end 2024 could potentially negatively impact the company's stock. However, the initiation of a nearly 2% dividend yield could attract investors, potentially offsetting any negative impact. Analysts have maintained their buy ratings on the company, indicating continued confidence in its performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100