Cable One (NYSE:CABO - Get Free Report) is anticipated to announce its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $9.91 per share and revenue of $386.61 million for the quarter.
Cable One Stock Performance
Shares of CABO stock traded up $1.33 during midday trading on Tuesday, hitting $272.18. 12,458 shares of the company were exchanged, compared to its average volume of 111,424. The firm has a market capitalization of $1.53 billion, a P/E ratio of 6.29 and a beta of 1.07. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.93 and a current ratio of 0.93. Cable One has a 52 week low of $225.94 and a 52 week high of $437.00. The firm's 50 day moving average price is $261.14 and its two-hundred day moving average price is $323.68.
Cable One Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Tuesday, February 18th were issued a dividend of $2.95 per share. This represents a $11.80 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date was Tuesday, February 18th. Cable One's dividend payout ratio is currently 229.57%.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on CABO shares. Wells Fargo & Company dropped their price objective on Cable One from $340.00 to $240.00 and set an "underweight" rating for the company in a report on Friday, February 28th. JPMorgan Chase & Co. cut their price objective on shares of Cable One from $420.00 to $325.00 and set a "neutral" rating for the company in a research report on Monday, March 3rd. Finally, KeyCorp decreased their target price on shares of Cable One from $825.00 to $650.00 and set an "overweight" rating on the stock in a report on Friday, February 28th.
Get Our Latest Research Report on CABO
Insider Transactions at Cable One
In related news, Director Wallace R. Weitz purchased 1,000 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was purchased at an average cost of $244.02 per share, with a total value of $244,020.00. Following the completion of the purchase, the director now owns 5,584 shares in the company, valued at approximately $1,362,607.68. This trade represents a 21.82 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.90% of the company's stock.
About Cable One
(
Get Free Report)
Cable One, Inc, together with its subsidiaries, provides data, video, and voice services in the United States. The company offers residential data services, a service to enhance Wi-Fi signal throughout the home. It also provides various residential video services from basic video service to digital services with access to hundreds of channels; and provides a cloud-based DVR feature that does not require the use of a set-top boxes.
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