NYSE:CBBCincinnati Bell Stock Price, Forecast & News

Cincinnati Bell's stock was trading at $14.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CBB stock has increased by 1.9% and is now trading at $15.08.
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4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cincinnati Bell in the last year. There are currently 1 sell rating and 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
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Cincinnati Bell is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
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Cincinnati Bell Inc. (NYSE:CBB) released its quarterly earnings results on Thursday, August, 6th. The utilities provider reported ($0.27) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.35) by $0.08.
View Cincinnati Bell's earnings history.

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.

4 brokers have issued 1-year price objectives for Cincinnati Bell's stock. Their forecasts range from $13.00 to $15.50. On average, they expect Cincinnati Bell's share price to reach $14.67 in the next year. This suggests that the stock has a possible downside of 2.7%.
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News headlines about CBB stock have trended very positive on Saturday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cincinnati Bell earned a news sentiment score of 4.0 on InfoTrie's scale. They also assigned media stories about the utilities provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about Cincinnati Bell.

Cincinnati Bell saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 5,360,000 shares, an increase of 7.8% from the July 15th total of 4,970,000 shares. Based on an average trading volume of 716,900 shares, the short-interest ratio is presently 7.5 days. Currently, 10.9% of the company's stock are sold short.
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Some companies that are related to Cincinnati Bell include Verizon Communications (VZ), AT&T (T), Centurylink (CTL), ATN International (ATNI), Consolidated Communications (CNSL) and IDT (IDT).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Cincinnati Bell investors own include Energy Transfer LP Unit (ET), Verizon Communications (VZ), Ford Motor (F), Freeport-McMoRan (FCX), Gilead Sciences (GILD), TerraForm Power (TERP), Ashford Hospitality Trust (AHT), Bank of America (BAC), BGC Partners (BGCP) and Forum Energy Technologies (FET).

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

Cincinnati Bell's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (0.75%), Mackay Shields LLC (0.39%), Swiss National Bank (0.20%), SG Americas Securities LLC (0.19%), Russell Investments Group Ltd. (0.14%) and Comerica Bank (0.11%). Company insiders that own Cincinnati Bell stock include Andrew R Kaiser, Christopher J Wilson, Jeremy R Sussman, Martin Yudkovitz, Phillip R Cox and Theodore H Torbeck.
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CBB stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., and Texas Permanent School Fund.
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CBB stock was acquired by a variety of institutional investors in the last quarter, including Swiss National Bank, SG Americas Securities LLC, Mackay Shields LLC, Strs Ohio, Russell Investments Group Ltd., Exchange Traded Concepts LLC, Rafferty Asset Management LLC, and Arizona State Retirement System. Company insiders that have bought Cincinnati Bell stock in the last two years include Andrew R Kaiser, Christopher J Wilson, Jeremy R Sussman, and Martin Yudkovitz.
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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, Robinhood, Fidelity, and Charles Schwab.

One share of CBB stock can currently be purchased for approximately $15.08.

Cincinnati Bell has a market capitalization of $762.44 million and generates $1.54 billion in revenue each year. The utilities provider earns $-66,600,000.00 in net income (profit) each year or ($1.13) on an earnings per share basis. Cincinnati Bell employs 4,400 workers across the globe.

The official website for Cincinnati Bell is www.cincinnatibell.com.

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]