NYSE:CABOCable One Stock Price, Forecast & News

$1,851.12

+10.13 (+0.55 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$1,830.31

Now: $1,851.12▼

$1,875.00

50-Day Range

$1,635.18

MA: $1,802.60▼

$1,960.00

52-Week Range

$1,031.39

Now: $1,851.12▼

$2,044.41

Volume62,540 shs

Average Volume42,520 shs

Market Capitalization$10.61 billion

P/E Ratio50.85

Dividend Yield0.49%

Beta0.48

Cable One, Inc. owns and operates cable systems that provide data, video, and voice services. The company offers residential data services, including WiFi ONE, a Wi-Fi solution to enhance Wi-Fi signal throughout the home. It also provides residential video services, such as local networks; local community programming that includes governmental and public access; and other channels, which comprise weather, shopping, and religious channels, as well as digital video services, including national and regional cable networks, music channels, and an interactive electronic programming guide with parental controls. In addition, the company offers premium channels; and advanced video services, such as whole-home DVRs and high-definition set-top boxes, as well as TV Everywhere product, which enables its video customers to stream various channels and shows to mobile devices and computers. Further, it provides residential voice and international calling by the minute services. Additionally, the company offers data, voice, and video products to business customers that include small to mid-markets, enterprises, and wholesale and carrier customers; and digital advertising products, including Website construction, targeted display, and short- and long-form video production. As of February 27, 2019, it served approximately 800,000 residential and business customers in 21 Western, Midwestern, and Southern United States. Cable One, Inc. was incorporated in 1980 and is headquartered in Phoenix, Arizona.

Beat the Market (BTM) Rank^™

2.0 Analyst's Opinion

Consensus Rating
Cable One has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $1,667.50, Cable One has a potential downside of 9.9% from its current price of $1,851.12.
Amount of Analyst Coverage
Cable One has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.4 Community Rank

Outperform Votes
Cable One has received 268 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cable One has received 293 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cable One has received 52.23% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cable One and other stocks. Vote “Outperform” if you believe CABO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CABO will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Cable One is a leading dividend payer. It pays a dividend yield of 0.49%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Cable One has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Cable One is 26.91 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cable One will have a dividend payout ratio of 20.90 % next year. This indicates that Cable One will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cable One insiders have sold 5,407.74% more of their company's stock than they have bought. Specifically, they have bought $186,294.00 in company stock and sold $10,260,592.00 in company stock.
Percentage Held by Insiders
Only 1.30% of the stock of Cable One is held by insiders.
Percentage Held by Institutions
82.52% of the stock of Cable One is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Cable One are expected to grow by 6.01% in the coming year, from $40.63 to $43.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cable One is 50.85, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cable One is 50.85, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.66.
Price to Book Value per Share Ratio
Cable One has a P/B Ratio of 13.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.87 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Cable & other pay television services

Sub-IndustryN/A

SectorConsumer Discretionary

Current SymbolNYSE:CABO

Previous Symbol

CUSIPN/A

CIK1632127

Webwww.cableone.net

Phone602-364-6000

Debt

Debt-to-Equity Ratio2.23

Current Ratio1.72

Quick Ratio1.72

Price-To-Earnings

Trailing P/E Ratio50.85

Forward P/E Ratio45.56

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.17 billion

Price / Sales9.08

Cash Flow$74.88 per share

Price / Cash Flow24.72

Book Value$141.53 per share

Price / Book13.08

Profitability

EPS (Most Recent Fiscal Year)$33.44

Net Income$178.58 million

Net Margins17.28%

Return on Equity25.96%

Return on Assets7.13%

Miscellaneous

Employees2,751

Outstanding Shares5,729,000

Market Cap$10.61 billion

Next Earnings Date8/5/2020 (Estimated)

OptionableNot Optionable

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Cable One (NYSE:CABO) Frequently Asked Questions

How has Cable One's stock been impacted by COVID-19 (Coronavirus)?

Cable One's stock was trading at $1,491.61 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CABO stock has increased by 24.1% and is now trading at $1,851.12. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cable One?

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." View analyst ratings for Cable One.

When is Cable One's next earnings date?

Cable One is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Cable One.

How were Cable One's earnings last quarter?

Cable One Inc (NYSE:CABO) released its quarterly earnings data on Monday, May, 11th. The company reported $12.05 earnings per share for the quarter, beating the Zacks' consensus estimate of $9.40 by $2.65. The company earned $321.20 million during the quarter, compared to the consensus estimate of $317.20 million. Cable One had a net margin of 17.28% and a return on equity of 25.96%. The firm's revenue for the quarter was up 15.3% compared to the same quarter last year. During the same period in the previous year, the company earned $6.78 earnings per share. View Cable One's earnings history.

How often does Cable One pay dividends? What is the dividend yield for Cable One?

Cable One declared a quarterly dividend on Friday, May 15th. Investors of record on Tuesday, May 26th will be paid a dividend of $2.25 per share on Friday, June 12th. This represents a $9.00 dividend on an annualized basis and a yield of 0.49%. The ex-dividend date of this dividend is Friday, May 22nd. View Cable One's dividend history.

What price target have analysts set for CABO?

6 brokers have issued 1-year price objectives for Cable One's shares. Their forecasts range from $1,200.00 to $2,105.00. On average, they expect Cable One's share price to reach $1,667.50 in the next twelve months. This suggests that the stock has a possible downside of 9.9%. View analysts' price targets for Cable One.

Has Cable One been receiving favorable news coverage?

Press coverage about CABO stock has been trending somewhat negative recently, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cable One earned a coverage optimism score of -1.8 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutCable One.

Are investors shorting Cable One?

Cable One saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 147,100 shares, a decrease of 8.1% from the April 30th total of 160,000 shares. Based on an average daily volume of 46,100 shares, the days-to-cover ratio is currently 3.2 days. Approximately 3.3% of the shares of the company are short sold. View Cable One's Current Options Chain.

Who are some of Cable One's key competitors?

Some companies that are related to Cable One include Liberty Broadband Corp Series C (LBRDK), Liberty Broadband Corp Series A (LBRDA), Rogers Communications (RCI), DISH Network (DISH), Altice USA (ATUS), Liberty Global (LBTYB), Liberty Global (LBTYA), Roku (ROKU), Liberty Global (LBTYK), Discovery Communications (DISCA), Discovery Inc Series C (DISCK), Viacom (VIAB), Shaw Communications (SJR), ITV PLC/ADR (ITVPY) and Qurate Retail Inc Series B (QRTEB). View all competitors.

What other stocks do shareholders of Cable One own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cable One investors own include Metlife (MET), Brighthouse Financial (BHF), iShares California Muni Bond ETF (CMF), iShares 3-7 Year Treasury Bond ETF (IEI), Alphabet (GOOG), Charter Communications (CHTR), Cinemark (CNK), Electronic Arts (EA), Las Vegas Sands (LVS) and Meredith (MDP).

Who are Cable One's key executives?

Cable One's management team includes the following people:

Ms. Julia M. Laulis, Chairwoman, Pres & CEO (Age 56)
Mr. Michael E. Bowker, Chief Operating Officer (Age 50)
Mr. Charles B. McDonald, Sr. VP of Operations (Age 43)
Mr. Kevin P. Coyle, Sr. VP (Age 67)
Mr. Steven Scott Cochran, Sr. VP & CFO (Age 48)

What is Cable One's stock symbol?

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

Who are Cable One's major shareholders?

Cable One's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.51%), Wellington Management Group LLP (2.94%), Rothschild & Co Wealth Management UK Ltd (2.77%), Capital International Investors (2.56%), Invesco Ltd. (2.25%) and State Street Corp (2.15%). 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.

Which major investors are selling Cable One stock?

CABO stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Copeland Capital Management LLC, Baird Financial Group Inc., BlackRock Inc., Janus Henderson Group PLC, Advisory Research Inc., William Blair Investment Management LLC, and Capital International Investors. 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.

Which major investors are buying Cable One stock?

CABO stock was bought by a variety of institutional investors in the last quarter, including Parnassus Investments CA, Lord Abbett & CO. LLC, Massachusetts Financial Services Co. MA, Invesco Ltd., Aviva PLC, Deutsche Bank AG, BNP Paribas Arbitrage SA, and KBC Group NV. 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.

How do I buy shares of 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.

What is Cable One's stock price today?

One share of CABO stock can currently be purchased for approximately $1,851.12.

How big of a company is Cable One?

Cable One has a market capitalization of $10.61 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.

What is Cable One's official website?

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

How can I contact Cable One?

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff