NYSE:CBBCincinnati Bell Stock Price, Forecast & News

Cincinnati Bell's stock was trading at $14.80 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CBB stock has increased by 0.7% and is now trading at $14.90. View which stocks have been most impacted by Coronavirus.

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." View analyst ratings for Cincinnati Bell.

Cincinnati Bell is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Cincinnati Bell.

Cincinnati Bell Inc. (NYSE:CBB) posted its quarterly earnings results on Tuesday, May, 5th. The utilities provider reported $0.20 earnings per share for the quarter, beating the consensus estimate of ($0.12) by $0.32. The utilities provider earned $380 million during the quarter. 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 closing bell 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 12 month price targets for Cincinnati Bell's stock. Their forecasts range from $13.00 to $15.50. On average, they anticipate Cincinnati Bell's stock price to reach $14.67 in the next twelve months. This suggests that the stock has a possible downside of 1.6%. View analysts' price targets for Cincinnati Bell.

Headlines about CBB stock have trended neutral recently, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cincinnati Bell earned a news impact score of 0.4 on InfoTrie's scale. They also assigned media coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent news 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 in the month of June. As of June 15th, there was short interest totaling 5,400,000 shares, an increase of 8.0% from the May 31st total of 5,000,000 shares. Based on an average daily trading volume, of 895,500 shares, the days-to-cover ratio is presently 6.0 days. Currently, 11.0% of the company's stock are sold short. View Cincinnati Bell's Current Options Chain.

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). View all competitors.

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."

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 $14.90.

Cincinnati Bell has a market capitalization of $753.34 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]