Cable One - CABO Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cable One in the last year. There are currently 1 sell rating, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CABO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CABO, but not buy additional shares or sell existing shares.
View CABO analyst ratings or view top-rated stocks.

6 Wall Street analysts have issued 12 month target prices for Cable One's shares. Their CABO share price forecasts range from $680.00 to $1,600.00. On average, they anticipate the company's stock price to reach $1,105.71 in the next twelve months. This suggests a possible upside of 60.5% 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 on January 1st, 2023. Since then, CABO stock has decreased by 3.2% and is now trading at $688.92.
View the best growth stocks for 2023 here.

Cable One saw a increase in short interest during the month of February. As of February 28th, there was short interest totaling 308,600 shares, an increase of 17.8% from the February 13th total of 262,000 shares. Based on an average trading volume of 66,900 shares, the short-interest ratio is currently 4.6 days. Approximately 6.8% of the company's stock are sold short.
View Cable One's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our CABO earnings forecast.

Cable One, Inc. (NYSE:CABO) announced its quarterly earnings data on Thursday, February, 23rd. The company reported $8.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $12.56 by $3.62. The firm had revenue of $425.52 million for the quarter, compared to the consensus estimate of $422.84 million. Cable One had a net margin of 13.72% and a trailing twelve-month return on equity of 19.71%.

Cable One announced a quarterly dividend on Tuesday, February 7th. Shareholders of record on Tuesday, February 21st will be paid a dividend of $2.85 per share on Friday, March 10th. This represents a $11.40 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend is Friday, February 17th.
Read our dividend analysis for CABO.

ETFs with the largest weight of Cable One (NYSE:CABO) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE), iShares U.S. Telecommunications ETF (IYZ), Fidelity Sustainable U.S. Equity ETF (FSST), First Trust Mid Cap US Equity Select ETF (RNMC), Syntax Stratified MidCap ETF (SMDY), Vanguard Small Cap Growth Index Fund (VBK), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC) and Invesco Russell 1000 Equal Weight ETF (EQAL).

Cable One (NYSE:CABO) pays an annual dividend of $11.40 per share and currently has a dividend yield of 1.70%. 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 31.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CABO will have a dividend payout ratio of 17.83% 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%), Neuberger Berman Group LLC (2.69%), Principal Financial Group Inc. (2.62%), International Assets Investment Management LLC (2.44%), International Assets Investment Management LLC (2.44%) and Burgundy Asset Management Ltd. (1.89%). 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.
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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 $688.92.

Cable One (NYSE:CABO) has a market capitalization of $3.95 billion and generates $1.71 billion in revenue each year. The company earns $234.12 million in net income (profit) each year or $36.11 on an earnings per share basis.

The company employs 3,132 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.