USM Stock Summary and Trading Ideas (United States Cellular | NYSE:USM)

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.

United States Cellular trades on the NYSE stock market under the symbol USM.

As of July 26, 2024, USM stock price was flat at $52.20 with 363,473 million shares trading.

USM has a beta of -0.29, meaning it tends to be less sensitive to market movements. USM has a correlation of 0.00 to the broad based SPY ETF.

USM has a market cap of $4.48 billion. This is considered a Mid Cap stock.

Last quarter United States Cellular reported $950 million in Revenue and $.20 earnings per share. This fell short of revenue expectation by $-8 million and missed earnings estimates by -$.07.

In the last 3 years, USM stock traded as high as $60.14 and as low as $13.79.

The top ETF exchange traded funds that USM belongs to (by Net Assets): VTI, VB, AVUV, DFAT, VBR.

USM has outperformed the market in the last year with a return of +178.4%, while the SPY ETF gained +21.0%. In the last 3 month period, USM beat the market returning +41.9%, while SPY returned +7.5%. However, in the most recent 2 weeks USM has underperformed the stock market by returning -8.4%, while SPY returned -2.8%.

USM support price is $50.95 and resistance is $53.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that USM stock will trade within this expected range on the day.