Cable One - CABO Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cable One in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CABO shares.
View CABO analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued twelve-month price targets for Cable One's stock. Their CABO share price forecasts range from $850.00 to $1,800.00. On average, they expect the company's share price to reach $1,420.00 in the next twelve months. This suggests a possible upside of 71.6% from the stock's current price.
View analysts price targets for CABO or view top-rated stocks among Wall Street analysts.

Cable One's stock was trading at $711.86 at the beginning of the year. Since then, CABO shares have increased by 16.3% and is now trading at $827.57.
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Cable One saw a decline in short interest in January. As of January 15th, there was short interest totaling 242,600 shares, a decline of 6.2% from the December 31st total of 258,600 shares. Based on an average daily trading volume, of 101,400 shares, the days-to-cover ratio is currently 2.4 days. Approximately 5.3% of the company's shares are short sold.
View Cable One's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 23rd 2023.
View our CABO earnings forecast.

Cable One, Inc. (NYSE:CABO) released its quarterly earnings results on Thursday, November, 4th. The company reported $8.33 earnings per share for the quarter, missing analysts' consensus estimates of $12.60 by $4.27. The firm had revenue of $430.24 million for the quarter, compared to analyst estimates of $424.87 million. Cable One had a trailing twelve-month return on equity of 20.32% and a net margin of 21.96%. The business's quarterly revenue was up 26.9% compared to the same quarter last year. During the same quarter last year, the firm earned $10.96 EPS.

Cable One announced a quarterly dividend on Friday, November 18th. Shareholders of record on Tuesday, November 29th will be paid a dividend of $2.85 per share on Friday, December 16th. This represents a $11.40 annualized dividend and a yield of 1.38%. The ex-dividend date of this dividend is Monday, November 28th.
Read our dividend analysis for CABO.

Cable One (NYSE:CABO) pays an annual dividend of $11.40 per share and currently has a dividend yield of 1.39%. The company has been increasing its dividend for 6 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 18.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CABO will have a dividend payout ratio of 20.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CABO.

Based on aggregate information from My MarketBeat watchlists, some companies that other Cable One investors own include Booking (BKNG), International Business Machines (IBM), NVIDIA (NVDA), Walmart (WMT), Exxon Mobil (XOM), Boeing (BA), Baidu (BIDU), 3M (MMM), Woodward (WWD) and Applied Materials (AMAT).

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

Cable One's stock is owned by a number of retail and institutional investors. Top institutional investors include Rothschild & Co Wealth Management UK Ltd (4.57%), International Assets Investment Management LLC (2.44%), International Assets Investment Management LLC (2.44%), Copeland Capital Management LLC (1.31%), Boston Trust Walden Corp (1.22%) and River Road Asset Management LLC (1.02%). Insiders that own company stock include Brad D Brian, Charles B Mcdonald, Christopher D Boone, Christopher D Boone, Eric Michael Lardy, James A Obermeyer, James A Obermeyer, Julia M Laulis, Julia M Laulis, Katharine Weymouth, Kenneth E Johnson, Michael E Bowker, Peter N Witty, Steven Scott Cochran, Thomas O Might, Thomas O Might and Thomas Sinnickson Gayner.
View institutional ownership trends.

Shares of CABO 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 CABO stock can currently be purchased for approximately $827.57.

Cable One (NYSE:CABO) has a market capitalization of $4.81 billion and generates $1.61 billion in revenue each year. The company earns $291.82 million in net income (profit) each year or $60.03 on an earnings per share basis.

The company employs 3,628 workers across the globe.

Cable One's mailing address is 210 E. EARLL DRIVE, PHOENIX AZ, 85012. The official website for the company is www.cableone.net. The company can be reached via phone at (602) 364-6000 or via email at investor_relations@cableone.biz.