NYSE:CABO

Cable One (CABO) Stock Price, News & Analysis

$378.45
-17.53 (-4.43%)
(As of 05/3/2024 ET)
Today's Range
$369.13
$408.42
50-Day Range
$378.13
$467.97
52-Week Range
$369.13
$749.00
Volume
162,639 shs
Average Volume
175,238 shs
Market Capitalization
$2.13 billion
P/E Ratio
8.67
Dividend Yield
3.12%
Price Target
$590.83

Cable One MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
56.1% Upside
$590.83 Price Target
Short Interest
Bearish
17.89% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.68
Upright™ Environmental Score
News Sentiment
-0.21mentions of Cable One in the last 14 days
Based on 22 Articles This Week
Insider Trading
Selling Shares
$93,840 Sold Last Quarter
Proj. Earnings Growth
3.64%
From $43.36 to $44.94 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.38 out of 5 stars

Consumer Discretionary Sector

199th out of 1,620 stocks

Cable & Other Pay Television Services Industry

13th out of 108 stocks

CABO stock logo

About Cable One Stock (NYSE:CABO)

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. In addition, the company offers Sparklight TV, an IPTV video service that allows customers to stream its video channels from the cloud through an app on supported devices, such as the Amazon Firestick, Apple TV, and Android-based smart televisions. Further, it provides data, voice, and video products to business customers, including small to mid-markets, enterprises, and wholesale and carrier customers. The company serves residential and business customers, comprising data, video, and voice services. Cable One, Inc. was incorporated in 1980 and is headquartered in Phoenix, Arizona.

CABO Stock Price History

CABO Stock News Headlines

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Q1 2024 Cable One Inc Earnings Call
Cable One: Q1 Earnings Snapshot
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For over 22 years, Wall Street elites have kept this little-known "income hack" from everyday investors… 6 simple clicks have set up HUGE payouts for "in-the-know" investors… Delivering them passive income 365 days a year.
Cable One Reports First Quarter 2024 Results
Cable One earnings: here's what Wall Street expects
Cable One Q1 2024 Earnings Preview
Cable One (CABO) Q1 Earnings: What To Expect
Cable One (CABO) Set to Announce Quarterly Earnings on Thursday
Duolingo Joins S&P MidCap 400
See More Headlines
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Company Calendar

Ex-Dividend for 3/8 Dividend
2/16/2024
Dividend Payable
3/08/2024
Last Earnings
5/02/2024
Today
5/04/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Fax
N/A
Employees
2,993
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$590.83
High Stock Price Target
$881.00
Low Stock Price Target
$350.00
Potential Upside/Downside
+56.1%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$267.44 million
Pretax Margin
24.52%

Debt

Sales & Book Value

Annual Sales
$1.68 billion
Cash Flow
$107.51 per share
Book Value
$333.49 per share

Miscellaneous

Free Float
5,580,000
Market Cap
$2.13 billion
Optionable
Not Optionable
Beta
0.80
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CABO Stock Analysis - Frequently Asked Questions

Should I buy or sell Cable One stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cable One in the last year. There are currently 2 sell ratings, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CABO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CABO, but not buy additional shares or sell existing shares.
View CABO analyst ratings
or view top-rated stocks.

What is Cable One's stock price target for 2024?

6 brokers have issued 12 month price objectives for Cable One's shares. Their CABO share price targets range from $350.00 to $881.00. On average, they expect the company's share price to reach $590.83 in the next twelve months. This suggests a possible upside of 56.1% from the stock's current price.
View analysts price targets for CABO
or view top-rated stocks among Wall Street analysts.

How have CABO shares performed in 2024?

Cable One's stock was trading at $556.59 at the beginning of 2024. Since then, CABO stock has decreased by 32.0% and is now trading at $378.45.
View the best growth stocks for 2024 here
.

Are investors shorting Cable One?

Cable One saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 499,000 shares, an increase of 7.4% from the March 15th total of 464,500 shares. Based on an average daily volume of 88,500 shares, the short-interest ratio is currently 5.6 days. Approximately 11.4% of the shares of the company are short sold.
View Cable One's Short Interest
.

When is Cable One's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our CABO earnings forecast
.

How were Cable One's earnings last quarter?

Cable One, Inc. (NYSE:CABO) announced its earnings results on Thursday, May, 2nd. The company reported $8.11 EPS for the quarter, missing analysts' consensus estimates of $10.78 by $2.67. The business earned $404.30 million during the quarter, compared to analysts' expectations of $408.79 million. Cable One had a net margin of 15.50% and a trailing twelve-month return on equity of 12.96%. The company's quarterly revenue was down 4.2% on a year-over-year basis. During the same period in the prior year, the company posted $9.62 earnings per share.

How often does Cable One pay dividends? What is the dividend yield for Cable One?

Cable One announced a quarterly dividend on Tuesday, February 6th. Stockholders of record on Tuesday, February 20th will be given a dividend of $2.95 per share on Friday, March 8th. This represents a $11.80 annualized dividend and a dividend yield of 3.12%. The ex-dividend date is Friday, February 16th.
Read our dividend analysis for CABO
.

Is Cable One a good dividend stock?

Cable One (NYSE:CABO) pays an annual dividend of $11.80 per share and currently has a dividend yield of 2.98%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 27.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CABO will have a dividend payout ratio of 26.26% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CABO.

What other stocks do shareholders of Cable One own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cable One investors own include Booking (BKNG), International Business Machines (IBM), NVIDIA (NVDA), Walmart (WMT), Exxon Mobil (XOM), Boeing (BA), Baidu (BIDU), 3M (MMM), Woodward (WWD) and Applied Materials (AMAT).

Who are Cable One's major shareholders?

Cable One's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Raymond James & Associates (1.13%), Principal Financial Group Inc. (1.02%), Markel Group Inc. (0.86%), DAVENPORT & Co LLC (0.79%), Speece Thorson Capital Group Inc. (0.40%) and Nordea Investment Management AB (0.37%). Insiders that own company stock include Brad D Brian, Christopher D Boone, Christopher D Boone, Eric Michael Lardy, James A Obermeyer, James A Obermeyer, Julia M Laulis, Julia M Laulis, Peter N Witty, Steven Scott Cochran, Thomas O Might, Thomas O Might and Thomas Sinnickson Gayner.
View institutional ownership trends
.

How do I buy shares of Cable One?

Shares of CABO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CABO) was last updated on 5/4/2024 by MarketBeat.com Staff

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