NYSE:CBB - Cincinnati Bell Stock Price, Price Target & More

Cincinnati Bell trades on the New York Stock Exchange (NYSE) under the ticker symbol "CBB."

Cincinnati Bell shares reverse split before market open on Wednesday, October 5th 2016. The 1-5 reverse split was announced on Tuesday, August 2nd 2016. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, October 4th 2016. An investor that had 100 shares of Cincinnati Bell stock prior to the reverse split would have 20 shares after the split.

Cincinnati Bell Inc. (NYSE:CBB) posted its quarterly earnings results on Wednesday, May, 9th. The utilities provider reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.15) by $0.04. The utilities provider earned $296 million during the quarter, compared to analyst estimates of $296.69 million. Cincinnati Bell had a negative net margin of 2.77% and a negative return on equity of 0.61%. The business's revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.01) earnings per share. View Cincinnati Bell's Earnings History.

Cincinnati Bell is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Cincinnati Bell.

3 brokers have issued 1-year price targets for Cincinnati Bell's stock. Their forecasts range from $16.00 to $18.00. On average, they expect Cincinnati Bell's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 19.3% from the stock's current price. View Analyst Ratings for Cincinnati Bell.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cincinnati Bell in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Cincinnati Bell include TalkTalk Telecom Group (TKTCY), GTT Communications (GTT), Shenandoah Telecommunications (SHEN), CHORUS Ltd/S (CHRYY), SMARTONE TELECO/S (STTFY), Liberty Braves Group Series C (BATRK), Spirent Communications (SPMYY), Consolidated Communications (CNSL), ATN International (ATNI), Atento (ATTO), Frontier Communications (FTR), Loop Industries (LOOP), pdvWireless (PDVW), LICT (LICT) and Fusion Telecommunications International (FSNN).

News articles about CBB stock have been trending very positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cincinnati Bell earned a daily sentiment score of 0.55 on Accern's scale. They also assigned news coverage about the utilities provider an impact score of 46.23 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near term.

Shares of CBB 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, Scottrade, Fidelity and Charles Schwab.

One share of CBB stock can currently be purchased for approximately $14.25.

Cincinnati Bell has a market capitalization of $629.60 million and generates $1.29 billion in revenue each year. The utilities provider earns $35.10 million in net income (profit) each year or ($0.08) on an earnings per share basis. Cincinnati Bell employs 3,500 workers across the globe.

Cincinnati Bell's mailing address is 221 EAST FOURTH STREET, CINCINNATI OH, 45201. The utilities provider can be reached via phone at 513-397-9900 or via email at [email protected]