NYSE:CBBCincinnati Bell Stock Price, Forecast & News

Cincinnati Bell's stock was trading at $14.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CBB stock has decreased by 0.8% and is now trading at $14.6850. View which stocks have been mosted impacted by Coronavirus.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cincinnati Bell in the last year. There are currently 1 sell rating and 4 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 Wednesday, May 13th 2020. View our earnings forecast for Cincinnati Bell.

Cincinnati Bell Inc. (NYSE:CBB) released its quarterly earnings results on Thursday, February, 13th. The utilities provider reported ($0.46) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.11) by $0.35. The utilities provider had revenue of $390.40 million for the quarter, compared to analyst estimates of $388.57 million. Cincinnati Bell's quarterly revenue was down 2.2% on a year-over-year basis. During the same period last year, the business posted ($0.55) EPS. View Cincinnati Bell's earnings history.

Cincinnati Bell's stock 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.

5 brokerages have issued 1 year price targets for Cincinnati Bell's shares. Their forecasts range from $8.00 to $13.00. On average, they anticipate Cincinnati Bell's share price to reach $10.50 in the next year. This suggests that the stock has a possible downside of 28.5%. View analysts' price targets for Cincinnati Bell.

Media coverage about CBB stock has been trending very negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cincinnati Bell earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave press coverage about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutCincinnati Bell.

Cincinnati Bell saw a drop in short interest in March. As of March 13th, there was short interest totaling 4,585,200 shares, a drop of 24.0% from the February 27th total of 6,030,000 shares. Based on an average daily trading volume, of 975,900 shares, the days-to-cover ratio is presently 4.7 days. Approximately 9.6% 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), IDT (IDT) and Frontier Communications (FTR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cincinnati Bell investors own include Energy Transfer LP Unit (ET), Freeport-McMoRan (FCX), FireEye (FEYE), TerraForm Power (TERP), Bank of America (BAC), Ford Motor (F), Macquarie Infrastructure (MIC), Rite Aid (RAD), Verizon Communications (VZ) and BGC Partners (BGCP).

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 retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.09%). Company insiders that own Cincinnati Bell stock include Andrew R Kaiser, Christopher J Wilson, Jeremy R Sussman, Leigh R Fox, Martin Yudkovitz, Phillip R Cox and Theodore H Torbeck. View institutional ownership trends for Cincinnati Bell.

CBB stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. Company insiders that have bought Cincinnati Bell stock in the last two years include Andrew R Kaiser, Christopher J Wilson, Jeremy R Sussman, Leigh R Fox, 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 $14.69.

Cincinnati Bell has a market capitalization of $742.53 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. View additional information about Cincinnati Bell.

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]