NASDAQ:CNSL - Consolidated Communications Stock Price, Forecast & News

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

Consolidated Communications Holdings Inc (NASDAQ:CNSL) released its earnings results on Thursday, February, 20th. The utilities provider reported $0.01 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.02) by $0.03. The utilities provider earned $331.04 million during the quarter. Consolidated Communications had a negative return on equity of 1.25% and a negative net margin of 1.53%. View Consolidated Communications' Earnings History.

Consolidated Communications is scheduled to release their next quarterly earnings announcement on Thursday, April 23rd 2020. View Earnings Estimates for Consolidated Communications.

3 brokerages have issued twelve-month target prices for Consolidated Communications' stock. Their forecasts range from $3.50 to $8.00. On average, they expect Consolidated Communications' stock price to reach $5.75 in the next twelve months. This suggests that the stock has a possible downside of 19.6%. View Analyst Price Targets for Consolidated Communications.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Consolidated Communications in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Consolidated Communications.

News coverage about CNSL stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Consolidated Communications earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news coverage about the utilities provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Consolidated Communications.

Consolidated Communications saw a decline in short interest in the month of January. As of January 31st, there was short interest totalling 9,560,000 shares, a decline of 9.6% from the January 15th total of 10,580,000 shares. Based on an average trading volume of 901,500 shares, the days-to-cover ratio is currently 10.6 days. Currently, 13.7% of the company's stock are short sold. View Consolidated Communications' Current Options Chain.

Some companies that are related to Consolidated Communications include AT&T (T), Verizon Communications (VZ), Centurylink (CTL), ATN International (ATNI), Cincinnati Bell (CBB), IDT (IDT) and Frontier Communications (FTR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Consolidated Communications investors own include Ford Motor (F), Energy Transfer LP Unit (ET), AT&T (T), Bank of America (BAC), Centurylink (CTL), Northern Tier Energy (NTI), Antares Pharma (ATRS), Select Income REIT (SIR), New Residential Investment (NRZ) and Frontier Communications (FTR).

Consolidated Communications' stock is owned by many different of retail and institutional investors. Top institutional investors include Acadian Asset Management LLC (3.54%), State Street Corp (3.27%), Charles Schwab Investment Management Inc. (2.39%), Geode Capital Management LLC (1.47%), Driehaus Capital Management LLC (1.27%) and Marshall Wace LLP (0.90%). Company insiders that own Consolidated Communications stock include C Robert Udell Jr and Roger H/Ca Moore. View Institutional Ownership Trends for Consolidated Communications.

CNSL stock was sold by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., AQR Capital Management LLC, Driehaus Capital Management LLC, Oxford Asset Management LLP, Connor Clark & Lunn Investment Management Ltd., Bank of America Corp DE, Arizona State Retirement System and Raymond James Financial Services Advisors Inc.. View Insider Buying and Selling for Consolidated Communications.

CNSL stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Renaissance Technologies LLC, M&G Investment Management Ltd., Charles Schwab Investment Management Inc., Marshall Wace LLP, First Quadrant L P CA, State Street Corp and Aequim Alternative Investments LP. Company insiders that have bought Consolidated Communications stock in the last two years include C Robert Udell Jr and Roger H/Ca Moore. View Insider Buying and Selling for Consolidated Communications.

Shares of CNSL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CNSL stock can currently be purchased for approximately $7.15.

Consolidated Communications has a market capitalization of $515.33 million and generates $1.34 billion in revenue each year. The utilities provider earns $-20,380,000.00 in net income (profit) each year or ($0.05) on an earnings per share basis. Consolidated Communications employs 3,600 workers across the globe.View Additional Information About Consolidated Communications.

The official website for Consolidated Communications is http://www.consolidated.com/.

Consolidated Communications' mailing address is 121 SOUTH 17TH STREET, MATTOON IL, 61938. The utilities provider can be reached via phone at 217-235-3311 or via email at [email protected]