NASDAQ:CNSL Consolidated Communications (CNSL) Stock Forecast, Price & News $3.58 -0.02 (-0.56%) (As of 06/6/2023 ET) Add Compare Share Share Today's Range$3.54▼$3.6750-Day Range$2.25▼$3.8952-Week Range$2.10▼$8.49Volume337,821 shsAverage Volume607,885 shsMarket Capitalization$417.61 millionP/E Ratio2.36Dividend YieldN/APrice Target$4.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Consolidated Communications MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside30.4% Upside$4.67 Price TargetShort InterestHealthy3.27% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.47 out of 5 starsUtilities Sector34th out of 87 stocksTelephone Communication, Except Radio Industry10th out of 27 stocks 3.0 Analyst's Opinion Consensus RatingConsolidated Communications has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.67, Consolidated Communications has a forecasted upside of 30.4% from its current price of $3.58.Amount of Analyst CoverageConsolidated Communications has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.27% of the float of Consolidated Communications has been sold short.Short Interest Ratio / Days to CoverConsolidated Communications has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Consolidated Communications has recently decreased by 5.18%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldConsolidated Communications does not currently pay a dividend.Dividend GrowthConsolidated Communications does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNSL. Previous Next 2.8 News and Social Media Coverage News SentimentConsolidated Communications has a news sentiment score of 1.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Utilities companies.News Coverage This WeekMarketBeat has tracked 1 news article for Consolidated Communications this week, compared to 2 articles on an average week.Search Interest10 people have searched for CNSL on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Consolidated Communications to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Consolidated Communications insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.70% of the stock of Consolidated Communications is held by insiders.Percentage Held by Institutions80.20% of the stock of Consolidated Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Consolidated Communications is 2.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Consolidated Communications is 2.36, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 99.21.Price to Book Value per Share RatioConsolidated Communications has a P/B Ratio of 0.58. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Consolidated Communications (NASDAQ:CNSL) StockConsolidated Communications Holdings, Inc. engages in the provision of business and broadband communications services. It provides integrated communication services in consumer, commercial, and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas, and Wisconsin. The firm offers communication solutions including high-speed Internet, data, digital television, phone, managed and cloud services, and wireless backhaul over a fiber optic network. The company was founded by Iverson A. Lumpkin on August 10, 1894 and is headquartered in Mattoon, IL.Read More Receive CNSL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Consolidated Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address CNSL Stock News HeadlinesMay 31, 2023 | americanbankingnews.comShort Interest in Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) Drops By 5.2%May 30, 2023 | finance.yahoo.comWith 46% ownership, Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) has piqued the interest of institutional investorsJune 7, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 24, 2023 | finance.yahoo.comCNSL - Consolidated Communications Holdings, Inc.May 15, 2023 | finance.yahoo.comTop Communications Stocks for May 2023May 3, 2023 | finance.yahoo.comSoVT CUD Set to Become First to Reach Universal Broadband Coverage by Year-End With Fidium Fiber ExpansionMay 3, 2023 | finance.yahoo.comConsolidated Communications Holdings First Quarter 2023 Earnings: US$0.42 loss per share (vs US$1.12 loss in 1Q 2022)May 2, 2023 | finance.yahoo.comConsolidated Communications Reports Record Consumer Fiber Broadband Net Adds and Announces First Quarter 2023 Financial ResultsJune 7, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 1, 2023 | americanbankingnews.comConsolidated Communications (CNSL) Set to Announce Earnings on TuesdayApril 19, 2023 | finance.yahoo.comConsolidated Communications Celebrates Employees for Commitment to Volunteer ServiceApril 17, 2023 | finance.yahoo.comConsolidated Communications Holdings, Inc.'s (NASDAQ:CNSL) Shares Bounce 50% But Its Business Still Trails The IndustryApril 16, 2023 | americanbankingnews.comConsolidated Communications (NASDAQ:CNSL) Raised to Neutral at CitigroupApril 14, 2023 | marketwatch.comConsolidated Communications Announces Receipt of “Take Private” Proposal from Searchlight Capital and British Columbia Investment ManagementApril 13, 2023 | msn.comConsolidated Communications’ Buyout Offer Sends Stock SpikingApril 13, 2023 | finance.yahoo.comConsolidated Communications Announces Receipt of "Take Private" Proposal from Searchlight Capital and British Columbia Investment ManagementApril 13, 2023 | msn.comHot Stocks: PGR drops on earnings; CNSL rises on buyout offer; MRK higher on analyst upgrade; EDIT gains; HOG slidesApril 13, 2023 | markets.businessinsider.comWhy Consolidated Communications Stock Is Booming TodayApril 12, 2023 | finance.yahoo.comMaine Residents in Farmington and Blue Hill Peninsula Regions Can Now Get Multi-Gig Internet from Fidium FiberApril 11, 2023 | finance.yahoo.comConsolidated Communications Releases 2022 Environmental, Social and Governance ReportApril 3, 2023 | finance.yahoo.comConsolidated Communications to Release First Quarter 2023 Earnings on May 2March 29, 2023 | americanbankingnews.comConsolidated Communications (NASDAQ:CNSL) Downgraded to "Sell" at StockNews.comMarch 27, 2023 | msn.comFrontier Communications slides as Morgan Stanley cuts to Underweight on valuationMarch 22, 2023 | tmcnet.comConsolidated Communications to Participate at New Street Research's Second Annual Fiber to the Future ConferenceMarch 10, 2023 | finance.yahoo.comConsolidated Communications Holdings, Inc. (NASDAQ:CNSL) Q4 2022 Earnings Call TranscriptMarch 2, 2023 | finance.yahoo.comConsolidated Communications to Participate in the J.P. Morgan Global High Yield & Leveraged Finance ConferenceMarch 1, 2023 | seekingalpha.comConsolidated Communications Q4 2022 Earnings PreviewSee More Headlines CNSL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNSL Company Calendar Last Earnings10/28/2021Today6/06/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Telephone communication, except radio Sub-IndustryIntegrated Telecommunication Services SectorUtilities Current SymbolNASDAQ:CNSL CUSIP20903410 CIK1304421 Webwww.consolidated.com Phone(217) 235-3311Fax217-258-7883Employees3,200Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.67 High Stock Price Forecast$7.00 Low Stock Price Forecast$2.50 Forecasted Upside/Downside+30.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.52 Trailing P/E Ratio2.36 Forward P/E RatioN/A P/E GrowthN/ANet Income$140.09 million Net Margins18.76% Pretax Margin-10.29% Return on Equity-7.43% Return on Assets-1.22% Debt Debt-to-Equity Ratio3.21 Current Ratio1.61 Quick Ratio1.61 Sales & Book Value Annual Sales$1.19 billion Price / Sales0.35 Cash Flow$2.12 per share Price / Cash Flow1.69 Book Value$6.21 per share Price / Book0.58Miscellaneous Outstanding Shares116,650,000Free Float114,666,000Market Cap$417.61 million OptionableOptionable Beta1.25 Key ExecutivesC. Robert UdellPresident, Chief Executive Officer & DirectorGabe WaggonerExecutive Vice President-OperationsFred A. GraffamChief Financial Officer, Treasurer & Executive VPJohn Joseph LunnyChief Technology OfficerMichael W. SmithPresident-Commercial & Carrier BusinessKey CompetitorsIDTNYSE:IDTTelephone and Data SystemsNYSE:TDSShenandoah TelecommunicationsNASDAQ:SHENArtesian ResourcesNASDAQ:ARTNAGenie EnergyNYSE:GNEView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 8,251 shares on 5/22/2023Ownership: 0.248%JPMorgan Chase & Co.Bought 19,719 shares on 5/18/2023Ownership: 0.120%State Street CorpBought 20,160 shares on 5/16/2023Ownership: 2.531%Geode Capital Management LLCBought 45,179 shares on 5/16/2023Ownership: 1.277%Squarepoint Ops LLCBought 28,132 shares on 5/16/2023Ownership: 0.122%View All Institutional Transactions CNSL Stock - Frequently Asked Questions Should I buy or sell Consolidated Communications stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Communications in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CNSL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CNSL, but not buy additional shares or sell existing shares. View CNSL analyst ratings or view top-rated stocks. What is Consolidated Communications' stock price forecast for 2023? 2 equities research analysts have issued 1 year price objectives for Consolidated Communications' stock. Their CNSL share price forecasts range from $2.50 to $7.00. On average, they expect the company's share price to reach $4.67 in the next twelve months. This suggests a possible upside of 30.4% from the stock's current price. View analysts price targets for CNSL or view top-rated stocks among Wall Street analysts. How have CNSL shares performed in 2023? Consolidated Communications' stock was trading at $3.58 on January 1st, 2023. Since then, CNSL stock has increased by 0.0% and is now trading at $3.58. View the best growth stocks for 2023 here. Are investors shorting Consolidated Communications? Consolidated Communications saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,380,000 shares, a decline of 5.2% from the April 30th total of 2,510,000 shares. Based on an average daily volume of 813,300 shares, the days-to-cover ratio is currently 2.9 days. Currently, 3.3% of the shares of the stock are short sold. View Consolidated Communications' Short Interest. When is Consolidated Communications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023. View our CNSL earnings forecast. How were Consolidated Communications' earnings last quarter? Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) posted its quarterly earnings results on Thursday, October, 28th. The utilities provider reported $0.18 EPS for the quarter, topping analysts' consensus estimates of $0.04 by $0.14. The utilities provider earned $318.58 million during the quarter. Consolidated Communications had a net margin of 18.76% and a negative trailing twelve-month return on equity of 7.43%. What ETFs hold Consolidated Communications' stock? ETFs with the largest weight of Consolidated Communications (NASDAQ:CNSL) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), Syntax Stratified SmallCap ETF (SSLY), Inspire Small/Mid Cap ETF (ISMD), Invesco S&P SmallCap 600 Revenue ETF (RWJ) and Fidelity MSCI Communication Services Index ETF (FCOM).Vanguard Communication Services ETF (VOX). What is Bob Currey's approval rating as Consolidated Communications' CEO? 69 employees have rated Consolidated Communications Chief Executive Officer Bob Currey on Glassdoor.com. Bob Currey has an approval rating of 33% among the company's employees. This puts Bob Currey in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 62.0% of employees surveyed would recommend working at Consolidated Communications to a friend. What other stocks do shareholders of Consolidated Communications own? Based on aggregate information from My MarketBeat watchlists, some companies that other Consolidated Communications investors own include Energy Transfer (ET), AT&T (T), Ford Motor (F), Bank of America (BAC), Lumen Technologies (LUMN), Northern Tier Energy (NTi), NVIDIA (NVDA), Antares Pharma (ATRS), Enterprise Products Partners (EPD) and Alliance Resource Partners (ARLP). What is Consolidated Communications' stock symbol? Consolidated Communications trades on the NASDAQ under the ticker symbol "CNSL." Who are Consolidated Communications' major shareholders? Consolidated Communications' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.46%), Dimensional Fund Advisors LP (3.58%), State Street Corp (2.53%), Charles Schwab Investment Management Inc. (1.76%), Geode Capital Management LLC (1.28%) and Renaissance Technologies LLC (1.26%). View institutional ownership trends. How do I buy shares of Consolidated Communications? Shares of CNSL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Consolidated Communications' stock price today? One share of CNSL stock can currently be purchased for approximately $3.58. How much money does Consolidated Communications make? Consolidated Communications (NASDAQ:CNSL) has a market capitalization of $417.61 million and generates $1.19 billion in revenue each year. The utilities provider earns $140.09 million in net income (profit) each year or $1.52 on an earnings per share basis. How many employees does Consolidated Communications have? The company employs 3,200 workers across the globe. How can I contact Consolidated Communications? Consolidated Communications' mailing address is 121 SOUTH 17TH STREET, MATTOON IL, 61938. The official website for the company is www.consolidated.com. The utilities provider can be reached via phone at (217) 235-3311, via email at investor@consolidated.com, or via fax at 217-258-7883. This page (NASDAQ:CNSL) was last updated on 6/7/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Consolidated Communications Holdings, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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