Cable One - CABO Stock Forecast, Price & News

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cable One in the last twelve months. There are currently 1 hold rating and 3 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.

4 Wall Street analysts have issued 1-year target prices for Cable One's stock. Their CABO share price forecasts range from $1,200.00 to $2,000.00. On average, they anticipate the company's stock price to reach $1,645.83 in the next twelve months. This suggests a possible upside of 82.3% 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 $1,763.45 at the start of the year. Since then, CABO stock has decreased by 48.8% and is now trading at $902.67.
View the best growth stocks for 2022 here.

Cable One saw a decrease in short interest in the month of September. As of September 15th, there was short interest totaling 322,100 shares, a decrease of 7.3% from the August 31st total of 347,500 shares. Based on an average daily trading volume, of 47,700 shares, the days-to-cover ratio is presently 6.8 days. Currently, 6.9% of the shares of the company are short sold.
View Cable One's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our CABO earnings forecast.

Cable One, Inc. (NYSE:CABO) released its quarterly earnings results on Thursday, August, 4th. The company reported $12.13 earnings per share for the quarter, missing the consensus estimate of $13.41 by $1.28. The company had revenue of $429.09 million for the quarter, compared to analysts' expectations of $431.46 million. Cable One had a net margin of 20.82% and a trailing twelve-month return on equity of 19.78%.

Cable One announced a quarterly dividend on Friday, August 19th. Stockholders of record on Tuesday, August 30th will be paid a dividend of $2.85 per share on Friday, September 16th. This represents a $11.40 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Monday, August 29th. This is a positive change from the stock's previous quarterly dividend of $2.75.
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 1.24%. 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 20.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CABO will have a dividend payout ratio of 19.47% 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 many different retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (6.14%), Artisan Partners Limited Partnership (3.42%), Rothschild & Co Wealth Management UK Ltd (3.10%), DF Dent & Co. Inc. (2.36%), Massachusetts Financial Services Co. MA (2.11%) and Parnassus Investments LLC (2.04%). 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.
Compare Top Brokerages Here.

One share of CABO stock can currently be purchased for approximately $902.67.

Cable One (NYSE:CABO) has a market capitalization of $5.31 billion and generates $1.61 billion in revenue each year. The company earns $291.82 million in net income (profit) each year or $56.83 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.