MarketBeat | Real-Time Financial News and Analysis

Open Main Menu Open Sidebar

Cablevision Systems Company Profile (NYSE:CVC)

Consensus Ratings for Cablevision Systems (NYSE:CVC) (?)
Ratings Breakdown: 2 Sell Rating(s), 11 Hold Rating(s), 2 Buy Rating(s)
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $32.43 (7.01% downside)

Analysts' Ratings History for Cablevision Systems (NYSE:CVC)
Show:
DateFirmActionRatingPrice TargetActions
6/4/2016Jefferies GroupReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/27/2016Telsey Advisory GroupReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/11/2015JPMorgan Chase & Co.UpgradeNeutral -> Overweight$29.86 -> $35.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/10/2015SunTrustInitiated CoverageNeutral$35.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/19/2015Morgan StanleyUpgradeUnderweight -> Equal Weight$22.00 -> $35.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/13/2015Moffett NathansonUpgradeNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/18/2015Credit SuisseUpgradeUnderperform -> Neutral$20.00 -> $34.90View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/18/2015Raymond JamesDowngradeOutperform -> UnderperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/17/2015Deutsche BankReiterated RatingHold$21.00 -> $34.90View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/17/2015Canaccord GenuityReiterated RatingHold$22.00 -> $35.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/10/2015Citigroup Inc.Reiterated RatingSell$21.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/8/2015Pivotal ResearchDowngradeBuy -> Hold$33.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/14/2015MacquarieLower Price TargetNeutral$25.00 -> $24.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/9/2015Brean CapitalReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/10/2015FBN SecuritiesInitiated CoverageOutperformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/16/2015WunderlichBoost Price TargetHold$21.00 -> $26.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/29/2015Goldman SachsInitiated CoverageNeutral$23.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/20/2015BarclaysBoost Price TargetUnderweight$14.00 -> $15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
8/8/2014Evercore ISIBoost Price Target$7.00 -> $9.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 6/30/2014 forward)
Earnings History for Cablevision Systems (NYSE:CVC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/5/2016        
5/5/2016Q116$0.19$0.34$1.64 billion$1.64 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/25/2016Q415$0.15$0.12$1.64 billion$1.63 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2015Q315$0.23$0.08$1.64 billion$1.61 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/7/2015Q215$0.25$0.27$1.65 billion$1.65 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/4/2015Q115$0.17$0.20$1.60 billion$1,000.00 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/25/2015Q414$0.19$0.20$1.63 billion$1.63 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2014Q314$0.18$0.27$1.61 billion$1.63 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/5/2014Q214$0.17$0.34$1.60 billion$1.63 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/8/2014Q1$0.03$0.33$1.56 billion$1.58 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/26/2014Q413$0.08$0.18$1.57 billion$1.58 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/8/2013Q313$0.11$1.10$1.57 million$1.57 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/2/2013Q2 2013$0.05$0.11$1.58 billion$1.57 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/9/2013Q1 2013$0.06($0.06)$1.64 billion$1.52 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/28/2013Q4 2012$0.09($0.32)$1.70 billion$1.70 billionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2012Q312$0.16($0.01)$1.69 billion$1.69 billionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/7/2012$0.19$0.24ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/3/2012$0.20$0.21ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/28/2012$0.23$0.22ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/28/2011$0.31$0.14ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/9/2011$0.39$0.31ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/5/2011$0.42$0.33ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/16/2011$0.41$0.38ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)
Earnings Estimates for Cablevision Systems (NYSE:CVC)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.12$0.12$0.12
Q2 20161$0.20$0.20$0.20
Q3 20161$0.20$0.20$0.20
Q4 20161$0.25$0.25$0.25
(Data provided by Zacks Investment Research)
Current Dividend Information for Cablevision Systems (NYSE:CVC)
Annual Dividend:$0.60
Dividend Yield:1.72%
Payout Ratio:76.92%
Dividend Growth:-9.10% (3 Year Average)

Dividend History for Cablevision Systems (NYSE:CVC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
8/10/2015quarterly$0.152.27%8/19/20158/21/20159/10/2015Tweet This Announcement  Share This Announcement on StockTwits
5/4/2015quarterly$0.152.95%5/20/20155/22/20156/12/2015Tweet This Announcement  Share This Announcement on StockTwits
2/25/2015quarterly$0.153.18%3/12/20153/16/20154/3/2015Tweet This Announcement  Share This Announcement on StockTwits
11/7/2014quarterly$0.153.17%11/19/201411/21/201412/12/2014Tweet This Announcement  Share This Announcement on StockTwits
7/29/2014quarterly$0.153.07%8/13/20148/15/20149/5/2014Tweet This Announcement  Share This Announcement on StockTwits
5/8/2014quarterly$0.153.57%5/21/20145/23/20146/13/2014Tweet This Announcement  Share This Announcement on StockTwits
2/27/2014quarterly$0.153.45%3/12/20143/14/20144/3/2014Tweet This Announcement  Share This Announcement on StockTwits
11/11/2013quarterly$0.153.91%11/20/201311/22/201312/13/2013Tweet This Announcement  Share This Announcement on StockTwits
7/30/2013quarterly$0.153.21%8/13/20138/15/20139/5/2013Tweet This Announcement  Share This Announcement on StockTwits
5/9/2013quarterly$0.153.79%5/22/20135/24/20136/14/2013Tweet This Announcement  Share This Announcement on StockTwits
3/1/2013quarterly$0.154.36%3/13/20133/15/20134/3/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)
Insider Trading History for Cablevision Systems (NYSE:CVC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
5/11/2016Leonard TowDirectorSell1,403$34.53$48,445.59View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/9/2016Thomas V ReifenheiserDirectorSell1,405$34.50$48,472.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/10/2015Charles F DolanInsiderBuy1,000,000$29.68$29,680,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/12/2015Marianne Dolan WeberinsiderSell4,000$31.24$124,960.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/22/2015Victoria MinkSVPSell5,000$24.97$124,850.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/12/2015John R RyanDirectorSell3,190$17.99$57,388.10View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/11/2015Thomas V ReifenheiserDirectorSell2,245$17.71$39,758.95View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/27/2015Frank BiondiDirectorSell4,000$18.84$75,360.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/12/2014Edward C AtwoodDirectorSell2,000$19.07$38,140.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/11/2014Victoria MinkSVPSell32,900$19.15$630,035.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/5/2014Kevin WatsonVPSell45,000$18.91$850,950.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
9/5/2014Victoria MinkSVPSell32,900$19.00$625,100.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/28/2014David EllenEVPSell60,695$18.23$1,106,469.85View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/27/2014Patrick Francis DolanInsiderSell4,115$18.30$75,304.50View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/8/2014Brian SweeneyPresidentSell7,500$17.94$134,550.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
8/8/2014James Lawrence DolanInsiderSell1,097,500$18.20$19,974,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/30/2014Gregg G SeibertCFOSell83,394$17.44$1,454,391.36View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/20/2014John RyanDirectorSell4,000$17.13$68,520.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/13/2014Marianne Dolan WeberInsiderSell1,400$17.47$24,458.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/10/2014Vincent TeseDirectorSell4,000$17.36$69,440.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/4/2014Kevin WatsonVPSell55,900$17.91$1,001,169.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/20/2013Vincent TeseDirectorSell4,000$15.45$61,800.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)
Latest Headlines for Cablevision Systems (NYSE:CVC)
DateHeadline
06/29/16 03:27 PMAltice To Commence Cost-Cutting At Cablevision - Benzinga
06/29/16 03:27 PMCablevision Systems Corporation (NYSE:CVC) Company Rating and Target Watch - Telanagana Press
06/29/16 11:39 AMAltice To Commence Cost-Cutting At Cablevision - Altice NV, which completed its acquisition of Cablevision Systems Corporation (NYSE: CVC), is aggressively cutting costs to make the deal work, according to a report on the Wall Street Journal. Altice plans to save $900 million in costs at Cablevision, including slashing programming costs as channel contracts come up for renewal. The closure of Cablevision acquisition, which represents an enterprise value of $17.7 billion, came six months after its $9.1 billion acquisition, including debt, of Suddenlink. The Journal said, "[I]nvestors questioned the effectiveness of Altice's strategy ...Full story available on Benzinga.com
06/29/16 09:32 AMWith Cablevision deal done, Altice begins planning cuts
06/28/16 06:53 PMAltice’s Big U.S. Cable Ambitions Begin With Austerity -
06/28/16 03:26 PMTop Stock Pick for Quarter: Cablevision Systems Corporation (NYSE:CVC) - Engelwood Daily
06/28/16 10:22 AM[$$] Altice Completes Acquisition Of Cablevision -
06/27/16 03:28 PMCablevision Systems Corporation (NYSE:CVC) Accounts Payable Stands AT $483.113 - RealistInvestor.com
06/27/16 08:07 AMWhat’s Next for Altice after Cablevision Acquisition? -
06/27/16 07:59 AMNext Weeks Broker Price Targets For Cablevision Systems Corporation (NYSE:CVC) - Fiscal Standard
06/26/16 08:33 AMStock Performance Focus on: Cablevision Systems Corporation (NYSE:CVC) - Press Telegraph
06/25/16 07:22 AMCablevision Systems Corporation versus Dish Network Corp. Head to Head Compare - CML News
06/25/16 07:22 AMAltice Completes the Acquisition of Cablevision - Market Realist
06/24/16 03:36 PMDiscovery Capital Management LLC Decreased Stake in Cablevision Sys Corp (NYSE:CVC) by $29.27 Million as ... - Press Telegraph
06/23/16 08:35 AMEquity Research and Technical Review on Cablevision Systems Corporation (NYSE:CVC) - Press Telegraph
06/22/16 03:38 PMIs Comcast Mulling to Partially Acquire Icontrol Networks? (revised) - Nasdaq
06/22/16 03:38 PMAltice Completes Takeover of Cablevision Systems (CVC) - StreetInsider.com
06/21/16 03:19 PMCombes Lands Altice CEO Job as Cablevision Deal Looms
06/21/16 03:19 PMAltice completes $17.7B deal to buy Cablevision
06/21/16 12:04 PMAltice may seek more U.S. growth after Cablevision deal -
06/21/16 10:51 AMCABLEVISION SYSTEMS CORP /NY Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisitio -
06/21/16 10:43 AMAltice Closes Cablevision Acquisition Deal -
06/21/16 09:30 AM[$$] Altice Closes Buy of Cablevision -
06/21/16 09:18 AMAltice says seeks more U.S. growth after Cablevision deal - June 21 (Reuters) - Altice could target more U.S. growth through acquisitions, a top executive said, after the European telecoms group completed a $17.7 billion deal to buy Cablevision Systems, its...
06/21/16 09:18 AM[$$] New Altice US CEO moves to integration mode - [at Financial Times] - Altice, the acquisition-hungry telecoms group, has closed its $17.7bn deal for New York-based Cablevision and appointed a new chief executive as it looks to integrate a frenzy of purchases across the globe. ...
06/21/16 08:46 AMAltice CEO: Going to be focused on the top line -
06/21/16 08:29 AMAltice completes acquisition of Cablevision Systems Corporation - [at noodls] - 77edb0f1-dfee-4fdd-997f-dc7dbf28270f.pdf ALTICE COMPLETES ACQUISITION OF CABLEVISION SYSTEMS CORPORATION Cablevision and Suddenlink Form #4 U.S. Cable Operator Altice USA Company Names U.S. Senior Leadership ...
06/21/16 08:13 AMCablevision Rating Downgraded by Moody's Prior to Altice Buy - Nasdaq
06/21/16 08:13 AMFitch Downgrades Cablevision's IDR to 'B+'; Outlook Negative - Reuters
06/20/16 04:56 PM[$$] New Altice chief appointed as Cablevision merger bedded - [at Financial Times] - Altice has appointed a new chief executive as part of a wider management reshuffle as the European telecoms group controlled by billionaire Patrick Drahi looks to integrate its vastly expanded global footprint. ...
06/20/16 09:47 AMCablevision Systems Corporation (NYSE:CVC) Analyst Price Targets For The Coming Week - Fiscal Standard
06/18/16 08:04 AMMoody's Downgrades Cablevision Systems (CVC) Two Notches to 'B1' - StreetInsider.com
06/18/16 08:04 AMOverview of Analyst's Recommendations: Cablevision Systems Corporation (NYSE:CVC) , Tyco International plc ... - Street Updates
06/17/16 10:00 AMNew York State Regulators Approve Altice's Acquisition Of Cablevision
06/17/16 10:00 AMMoody's Downgrades Cablevision Systems (CVC) Two Notches to 'B1'
06/17/16 10:00 AMCablevision Systems Corporation (NYSE:CVC) Short Ratio At 3.090
06/17/16 09:05 AMWorld Wrestling (WWE) Gains on Major Partnership in China -
06/16/16 08:46 PMKeep an eye on Analyst Actions: Cablevision Systems Corporation (NYSE:CVC) , Scorpio Bulkers Inc. (NYSE:SALT) - Street Updates
06/16/16 02:58 PMMoody's downgrades Cablevision on concerns about its high leverage -
06/16/16 02:43 PMCSC Holdings, LLC -- Moody's downgrades Cablevision to B1; outlook stable - [at Moody's] - Action concludes review for downgrade related to Altice acquisition. New York, June 16, 2016-- Moody's Investors Services has downgraded the Corporate Family Rating of Cablevision Systems Corporation two ...
06/16/16 07:53 AMYum! Brands, Inc. (NYSE:YUM) & Cablevision Systems (NYSE:CVC) Stocks on the Move - Wall Street 24
06/16/16 07:53 AMNew York State Regulators Clear Altice Purchase of Cablevision - Wall Street Journal
06/15/16 04:06 PM[$$] New York State Regulators Clear Altice Purchase of Cablevision -
06/15/16 03:35 PMRevenue Estimates Spotlight: Cablevision Systems Corporation (NYSE:CVC) - News Oracle
06/15/16 03:35 PMTwo Movers inside Analysts Radar: Walgreens Boots Alliance, Inc. (NASDAQ:WBA) , Cablevision Systems Corporation ... - Street Updates
06/15/16 03:35 PMAltice wins final regulatory approval to acquire Cablevision - Reuters
06/15/16 01:21 PMAltice wins final regulatory approval to acquire Cablevision - June 15 (Reuters) - New York state regulators on Wednesday approved European telecom group Altice NV's acquisition of Cablevision Systems Corp, a $17.7 billion deal that would create the...
06/15/16 01:21 PMUPDATE 1-Altice wins final regulatory approval to acquire Cablevision - June 15 (Reuters) - New York state regulators on Wednesday approved European telecom group Altice NV's acquisition of Cablevision Systems Corp, a $17.7 billion deal that would create the...
06/15/16 08:17 AMStock's Earnings Analysis: Cablevision Systems Corporation (NYSE:CVC), State Street Corporation (NYSE:STT) - Beacon Chronicle
06/15/16 08:17 AMEarnings Overview: Cablevision Systems Corporation (NYSE:CVC), State Street Corporation (NYSE:STT) - Beacon Chronicle
About Cablevision Systems

Cablevision Systems logoCablevision Systems Corporation (Cablevision), through its subsidiary, CSC Holdings, LLC (CSC Holdings), operates cable operations business in the United States. The Company operates in three segments: Cable, Lightpath and Other. The Company's Cable segment offers Cable television service, which delivers multiple channels of video programming to subscribers who pay a monthly fee for the services they receive. The Company operates Lightpath segmeny, through its subsidiary, Cablevision Lightpath, Inc. (Lightpath), which provides Ethernet-based data, Internet, voice and video transport and managed services to the business market in the New York metropolitan area. Lightpath also provides managed information technology services to businesses, including hosted voice services, managed wireless fidelity, managed desktop and server backup, and managed collaboration services. The Other segment operations consist of the operations of Newsday, News 12 Networks and Cablevision Media Sales.

Industry, Sector and Symbol:
  • Sector: Services
  • Industry: CATV Systems
  • Sub-Industry: Cable & Satellite
  • Exchange: NYSE
  • Symbol: CVC
  • CUSIP: 12686C10
Key Metrics:
  • Previous Close: $34.87
  • 50 Day Moving Average: $34.70
  • 200 Day Moving Average: $33.03
  • P/E Ratio: N/A
  • P/E Growth: -34.45
  • Market Cap: $N/A
  • Current Quarter EPS Consensus Estimate: $0.92 EPS
Additional Links:
Cablevision Systems (NYSE:CVC) Chart for Thursday, June, 30, 2016


            As Featured by CNBC As Featured by The Wall Street Journal As Featured by MarketWatch As Featured by The Boston Globe As Featured by StockTwits As Featured by Seeking Alpha