Consolidated Communications - CNSL Stock Forecast, Price & News

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

2 equities research analysts have issued 1-year target prices for Consolidated Communications' stock. Their CNSL share price forecasts range from $4.00 to $7.00. On average, they predict the company's share price to reach $5.50 in the next twelve months. This suggests a possible upside of 20.9% 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 $7.48 at the start of the year. Since then, CNSL stock has decreased by 39.2% and is now trading at $4.55.
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Consolidated Communications saw a decrease in short interest during the month of November. As of November 15th, there was short interest totaling 1,910,000 shares, a decrease of 23.9% from the October 31st total of 2,510,000 shares. Based on an average daily volume of 306,800 shares, the short-interest ratio is presently 6.2 days. Approximately 2.6% of the company's stock are sold short.
View Consolidated Communications' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 2nd 2023.
View our CNSL earnings forecast.

Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) released its quarterly earnings results on Thursday, October, 28th. The utilities provider reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.14. The utilities provider had revenue of $318.58 million for the quarter. Consolidated Communications had a net margin of 15.70% and a trailing twelve-month return on equity of 1.96%.

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (10.12%), Vanguard Group Inc. (5.26%), Dimensional Fund Advisors LP (3.91%), State Street Corp (2.41%), Private Management Group Inc. (1.68%) and Renaissance Technologies LLC (1.39%).
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 $4.55.

Consolidated Communications (NASDAQ:CNSL) has a market capitalization of $525.07 million and generates $1.28 billion in revenue each year. The utilities provider earns $-107,080,000.00 in net income (profit) each year or $1.35 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.