NYSE:CBB - Cincinnati Bell Stock Price, News, Headlines & Rumors

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

Shares of Cincinnati Bell 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.

Cincinnati Bell Inc. (NYSE:CBB) posted its earnings results on Wednesday, August, 8th. The utilities provider reported ($0.19) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.12) by $0.07. The utilities provider earned $296.80 million during the quarter, compared to analyst estimates of $298.03 million. Cincinnati Bell had a negative return on equity of 0.61% and a negative net margin of 3.98%. The business's revenue for the quarter was up 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.08 EPS. View Cincinnati Bell's Earnings History.

Cincinnati Bell is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Cincinnati Bell.

3 Wall Street analysts have issued 1 year target prices for Cincinnati Bell's shares. Their predictions 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 36.5% from the stock's current price. View Analyst Price Targets for Cincinnati Bell.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cincinnati Bell in the last year. There are currently 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cincinnati Bell.

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

News headlines about CBB stock have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Cincinnati Bell earned a media and rumor sentiment score of 0.24 on Accern's scale. They also gave headlines about the utilities provider an impact score of 48.16 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Cincinnati Bell.

Cincinnati Bell's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.47%), Dimensional Fund Advisors LP (3.87%), FMR LLC (1.89%), Bank of New York Mellon Corp (1.61%), Schwab Charles Investment Management Inc. (1.12%) and Teton Advisors Inc. (0.71%). Company insiders that own Cincinnati Bell stock include Andrew R Kaiser, Christopher J Wilson, Leigh R Fox 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 Citadel Advisors LLC, California Public Employees Retirement System, Legal & General Group Plc, S. Muoio & CO. LLC, Arizona State Retirement System, Teton Advisors Inc., FMR LLC and Municipal Employees Retirement System of Michigan. View Insider Buying and Selling for Cincinnati Bell.

CBB stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Tocqueville Asset Management L.P., Millennium Management LLC, Strs Ohio, Schwab Charles Investment Management Inc., Laurion Capital Management LP, MYDA Advisors LLC and Bank of New York Mellon Corp. Company insiders that have bought Cincinnati Bell stock in the last two years include Andrew R Kaiser, Christopher J Wilson and Leigh R Fox. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of CBB stock can currently be purchased for approximately $12.45.

Cincinnati Bell has a market capitalization of $579.32 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]