Cable One Stock Forecast, Price & News

Cable One's stock was trading at $1,491.61 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CABO shares have increased by 18.4% and is now trading at $1,765.80.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cable One in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
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Cable One is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Cable One.

Cable One Inc (NYSE:CABO) released its earnings results on Thursday, August, 6th. The company reported $10.63 earnings per share for the quarter, topping the consensus estimate of $8.82 by $1.81. The company earned $328.30 million during the quarter, compared to analyst estimates of $323.15 million. Cable One had a net margin of 18.78% and a return on equity of 24.87%. Cable One's revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $6.35 earnings per share.
View Cable One's earnings history.

Cable One announced a quarterly dividend on Tuesday, August 4th. Stockholders of record on Tuesday, August 18th will be given a dividend of $2.50 per share on Friday, September 4th. This represents a $10.00 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date of this dividend is Monday, August 17th. This is a boost from Cable One's previous quarterly dividend of $2.25.
View Cable One's dividend history.

6 brokerages have issued 1-year target prices for Cable One's shares. Their forecasts range from $1,450.00 to $2,105.00. On average, they expect Cable One's stock price to reach $1,800.83 in the next twelve months. This suggests a possible upside of 2.0% from the stock's current price.
View analysts' price targets for Cable One.

Cable One saw a drop in short interest in August. As of August 14th, there was short interest totaling 109,600 shares, a drop of 14.0% from the July 30th total of 127,400 shares. Based on an average trading volume of 43,900 shares, the days-to-cover ratio is presently 2.5 days. Currently, 2.3% of the company's stock are short sold.
View Cable One's Short Interest.

Some companies that are related to Cable One include Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), Roku (ROKU), Rogers Communications (RCI), DISH Network (DISH), Altice USA (ATUS), Liberty Global (LBTYB), Liberty Global (LBTYA), Liberty Global (LBTYK), Discovery Communications (DISCA), Discovery Inc Series C (DISCK), Viacom (VIAB), Shaw Communications (SJR), Qurate Retail Inc Series B (QRTEB) and ITV PLC/ADR (ITVPY).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Cable One investors own include Booking (BKNG), IBM (IBM), 3M (MMM), NVIDIA (NVDA), Woodward, Inc.Common Stock (WWD), Exxon Mobil (XOM), Applied Materials (AMAT), Advanced Micro Devices (AMD), Boeing (BA) and Baidu (BIDU).

Cable One trades on the New York Stock Exchange (NYSE) under the ticker symbol "CABO."

Cable One's stock is owned by many different retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.38%), Rothschild & Co Wealth Management UK Ltd (2.80%), Neuberger Berman Group LLC (2.28%), FMR LLC (1.99%), William Blair Investment Management LLC (1.99%) and Bank of New York Mellon Corp (1.35%). Company insiders that own Cable One stock include Charles B Mcdonald, Deborah J Kissire, Donald Graham, Eric Michael Lardy, Julia M Laulis, Katharine Weymouth, Kenneth E Johnson, Michael E Bowker, Peter N Witty, Steven Scott Cochran and Thomas O Might.
View institutional ownership trends for Cable One.

CABO stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, William Blair Investment Management LLC, Prudential Financial Inc., Bank of America Corp DE, New York State Common Retirement Fund, Hutchinson Capital Management CA, First Trust Advisors LP, and AQR Capital Management LLC. Company insiders that have sold Cable One company stock in the last year include Charles B Mcdonald, Eric Michael Lardy, Julia M Laulis, Katharine Weymouth, Michael E Bowker, and Peter N Witty.
View insider buying and selling activity for Cable One.

CABO stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Vanguard Group Inc., Sumitomo Mitsui Trust Holdings Inc., Baird Financial Group Inc., Nordea Investment Management AB, Swiss National Bank, Federated Hermes Inc., and Neuberger Berman Group LLC. Company insiders that have bought Cable One stock in the last two years include Deborah J Kissire, Kenneth E Johnson, and Steven Scott Cochran.
View insider buying and selling activity for Cable One.

Shares of CABO 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 CABO stock can currently be purchased for approximately $1,765.80.

Cable One has a market capitalization of $10.63 billion and generates $1.17 billion in revenue each year. The company earns $178.58 million in net income (profit) each year or $33.44 on an earnings per share basis. Cable One employs 2,751 workers across the globe.

The official website for Cable One is www.cableone.net.

Cable One's mailing address is 210 E. EARLL DRIVE, PHOENIX AZ, 85012. The company can be reached via phone at 602-364-6000 or via email at [email protected]