KeyCorp Reaffirms "Sector Weight" Rating for Cable One (NYSE:CABO)

KeyCorp restated their sector weight rating on shares of Cable One (NYSE:CABO - Free Report) in a research note issued to investors on Friday morning, MarketBeat Ratings reports. KeyCorp also issued estimates for Cable One's Q2 2025 earnings at $9.84 EPS, Q1 2026 earnings at $10.91 EPS, Q2 2026 earnings at $10.89 EPS and Q3 2026 earnings at $11.30 EPS.

Several other equities research analysts also recently weighed in on CABO. JPMorgan Chase & Co. decreased their target price on Cable One from $420.00 to $325.00 and set a "neutral" rating for the company in a research report on Monday, March 3rd. Wells Fargo & Company decreased their price target on Cable One from $340.00 to $240.00 and set an "underweight" rating for the company in a report on Friday, February 28th.

Cable One Trading Down 42.0 %

CABO stock traded down $110.00 during midday trading on Friday, reaching $151.99. 1,294,777 shares of the company's stock traded hands, compared to its average volume of 116,852. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.93 and a quick ratio of 0.93. Cable One has a fifty-two week low of $150.00 and a fifty-two week high of $437.00. The business has a 50-day moving average price of $258.05 and a two-hundred day moving average price of $320.52. The company has a market capitalization of $855.40 million, a P/E ratio of 3.52 and a beta of 1.00.

Cable One (NYSE:CABO - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $12.32 EPS for the quarter, beating analysts' consensus estimates of $12.21 by $0.11. Cable One had a net margin of 15.86% and a return on equity of 10.98%. The business had revenue of $380.60 million for the quarter, compared to the consensus estimate of $386.61 million. Equities research analysts forecast that Cable One will post 32.08 EPS for the current fiscal year.

Cable One Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 7th. Shareholders of record on Tuesday, February 18th were paid a dividend of $2.95 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $11.80 dividend on an annualized basis and a yield of 7.76%. Cable One's dividend payout ratio (DPR) is presently -470.12%.

Insiders Place Their Bets

In related news, Director Wallace R. Weitz bought 1,000 shares of the business's stock in a transaction dated Tuesday, March 4th. The shares were acquired at an average price of $244.02 per share, for a total transaction of $244,020.00. Following the purchase, the director now owns 5,584 shares in the company, valued at $1,362,607.68. This trade represents a 21.82 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.90% of the stock is owned by company insiders.

Institutional Trading of Cable One

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of Cable One in the 4th quarter worth approximately $28,129,000. Charles Schwab Investment Management Inc. lifted its stake in Cable One by 8.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 86,776 shares of the company's stock worth $31,423,000 after purchasing an additional 7,055 shares during the last quarter. Kingsview Wealth Management LLC boosted its holdings in Cable One by 5.8% in the fourth quarter. Kingsview Wealth Management LLC now owns 23,660 shares of the company's stock worth $8,568,000 after purchasing an additional 1,297 shares during the period. Proficio Capital Partners LLC acquired a new position in Cable One in the fourth quarter worth $10,491,000. Finally, Bank of New York Mellon Corp increased its stake in Cable One by 3.7% during the fourth quarter. Bank of New York Mellon Corp now owns 73,013 shares of the company's stock valued at $26,439,000 after purchasing an additional 2,627 shares during the last quarter. 89.92% of the stock is owned by institutional investors.

About Cable One

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.