NYSE:CBB - Cincinnati Bell Stock Price, News, & Analysis

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

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 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.

Cincinnati Bell Inc. (NYSE:CBB) issued its quarterly earnings results on Thursday, November, 8th. The utilities provider reported ($0.16) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.17) by $0.01. The utilities provider earned $386.70 million during the quarter, compared to analyst estimates of $390.20 million. The firm's revenue for the quarter was up 51.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.04 EPS. View Cincinnati Bell's Earnings History.

Cincinnati Bell is scheduled to release their next quarterly earnings announcement on Thursday, February 21st 2019. View Earnings Estimates for Cincinnati Bell.

Cincinnati Bell issued an update on its FY 2018 earnings guidance on Thursday, November, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.375-1.46 billion, compared to the consensus revenue estimate of $1.38 billion.

3 brokerages have issued 12 month target prices for Cincinnati Bell's stock. Their forecasts range from $15.00 to $18.00. On average, they anticipate Cincinnati Bell's share price to reach $16.3333 in the next twelve months. This suggests a possible upside of 35.5% 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.

News headlines about CBB stock have been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cincinnati Bell earned a coverage optimism score of 1.2 on InfoTrie's scale. They also gave news headlines about the utilities provider a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.

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

Cincinnati Bell's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.39%), Credit Suisse AG (5.87%), Brookfield Asset Management Inc. (4.76%), Dimensional Fund Advisors LP (3.50%), FMR LLC (1.65%) and William Blair Investment Management LLC (1.59%). Company insiders that own Cincinnati Bell stock include Andrew R Kaiser, Christopher J Wilson, Leigh R Fox, 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 Diamond Hill Capital Management Inc., William Blair Investment Management LLC, S. Muoio & CO. LLC, Teton Advisors Inc. and Strs Ohio. 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., Credit Suisse AG, Brookfield Asset Management Inc., JPMorgan Chase & Co., JPMorgan Chase & Co., Dimensional Fund Advisors LP, Bank of New York Mellon Corp and Campbell & CO Investment Adviser LLC. 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 $12.05.

Cincinnati Bell has a market capitalization of $623.06 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.

The official website for Cincinnati Bell is http://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]