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. Since then, CBB stock has increased by 1.8% and is now trading at $15.07.
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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) issued its quarterly earnings results on Thursday, August, 6th. The utilities provider reported ($0.27) EPS for the quarter, beating the Zacks' consensus estimate of ($0.35) by $0.08.
View Cincinnati Bell's earnings history.

Cincinnati Bell shares reverse split 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 equities research analysts have issued 1 year target prices for Cincinnati Bell's stock. Their forecasts range from $13.00 to $15.50. On average, they expect Cincinnati Bell's stock price to reach $14.67 in the next twelve months. This suggests that the stock has a possible downside of 2.7%.
View analysts' price targets for Cincinnati Bell.

News headlines about CBB stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cincinnati Bell earned a news impact score of 2.4 on InfoTrie's scale. They also assigned headlines about the utilities provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future.
View the latest news about Cincinnati Bell.

Cincinnati Bell saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 4,310,000 shares, an increase of 26.0% from the April 15th total of 3,420,000 shares. Based on an average daily volume of 909,500 shares, the short-interest ratio is currently 4.7 days. Approximately 9.0% of the shares of the stock are sold short.
View Cincinnati Bell's Short Interest.

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 Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Energy Transfer LP Unit (ET), TerraForm Power (TERP), Verizon Communications (VZ), Ashford Hospitality Trust (AHT), Ford Motor (F), Freeport-McMoRan (FCX), Gilead Sciences (GILD) and Uniti Group (UNIT).

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

Cincinnati Bell's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (6.13%), Goldman Sachs Group Inc. (2.66%), Brookfield Asset Management Inc. (2.47%), Barclays PLC (1.93%), Ramius Advisors LLC (1.21%) and Balyasny Asset Management LLC (1.14%). 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.
View institutional ownership trends for Cincinnati Bell.

CBB stock was sold by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Barclays PLC, Vanguard Group Inc., Prudential Financial Inc., State of Tennessee Treasury Department, Meitav Dash Investments Ltd., Ancora Advisors LLC, and Principal Financial Group Inc..
View insider buying and selling activity for Cincinnati Bell.

CBB stock was acquired by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Goldman Sachs Group Inc., Ramius Advisors LLC, Man Group plc, Swiss National Bank, SG Americas Securities LLC, Mackay Shields LLC, and Skandinaviska Enskilda Banken AB publ . 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.
View insider buying and selling activity for Cincinnati Bell.

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 $15.07.

Cincinnati Bell has a market capitalization of $763.76 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]