Consolidated Communications (CNSL) Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Consolidated Communications in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street research 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.

1 analysts have issued 12-month price targets for Consolidated Communications' stock. Their CNSL share price forecasts range from $2.50 to $4.50. On average, they predict the company's stock price to reach $3.50 in the next year. This suggests a possible upside of 2.9% from the stock's current price.
View analysts price targets for CNSL or view top-rated stocks among Wall Street analysts.

Consolidated Communications' stock was trading at $3.58 on January 1st, 2023. Since then, CNSL shares have decreased by 5.0% and is now trading at $3.40.
View the best growth stocks for 2023 here.

Consolidated Communications saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 2,100,000 shares, a drop of 9.9% from the August 31st total of 2,330,000 shares. Based on an average daily trading volume, of 436,400 shares, the short-interest ratio is currently 4.8 days. Currently, 2.9% of the company's shares are short sold.
View Consolidated Communications' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our CNSL earnings forecast.

Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) issued its quarterly earnings data on Tuesday, August, 8th. The utilities provider reported ($0.30) earnings per share for the quarter. The utilities provider had revenue of $275.16 million for the quarter. Consolidated Communications had a net margin of 9.83% and a negative trailing twelve-month return on equity of 10.31%.

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 Utilities & Communication Services ETF (PSCU).

Consolidated Communications (NASDAQ:CNSL) pays an annual dividend of $1.55 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 271.93%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CNSL.

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.

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).

Consolidated Communications trades on the NASDAQ under the ticker symbol "CNSL."

Consolidated Communications' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.27%), Dimensional Fund Advisors LP (3.29%), Wildcat Capital Management LLC (2.57%), State Street Corp (2.47%), Charles Schwab Investment Management Inc. (1.84%) and Private Advisor Group LLC (1.62%).
View institutional ownership trends.

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.
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One share of CNSL stock can currently be purchased for approximately $3.40.

Consolidated Communications (NASDAQ:CNSL) has a market capitalization of $396.48 million and generates $1.14 billion in revenue each year. The utilities provider earns $140.09 million in net income (profit) each year or $0.57 on an earnings per share basis.

The company employs 3,200 workers across the globe.

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.