NYSE:CBBCincinnati Bell Stock Price, Forecast & News

Cincinnati Bell's stock was trading at $14.80 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CBB stock has decreased by 0.4% and is now trading at $14.74. View which stocks have been most 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 Thursday, August 13th 2020. View our earnings forecast for Cincinnati Bell.

Cincinnati Bell Inc. (NYSE:CBB) announced its quarterly earnings results on Tuesday, May, 5th. The utilities provider reported $0.20 EPS for the quarter, beating the consensus estimate of ($0.12) by $0.32. The utilities provider had revenue of $380 million for the quarter. View Cincinnati Bell's earnings history.

Shares of Cincinnati Bell 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 equities research analysts have issued twelve-month price targets for Cincinnati Bell's shares. Their forecasts range from $8.00 to $15.50. On average, they expect Cincinnati Bell's stock price to reach $12.17 in the next year. This suggests that the stock has a possible downside of 17.5%. View analysts' price targets for Cincinnati Bell.

Media coverage about CBB stock has trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cincinnati Bell earned a media sentiment score of 2.4 on InfoTrie's scale. They also assigned news articles about the utilities provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutCincinnati Bell.

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

Cincinnati Bell's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.72%), State Street Corp (3.00%), Gamco Investors INC. ET AL (2.76%), CNH Partners LLC (2.35%), Pentwater Capital Management LP (1.71%) and Geode Capital Management LLC (1.40%). 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 Gamco Investors INC. ET AL, JPMorgan Chase & Co., Invesco Ltd., SG Americas Securities LLC, Public Sector Pension Investment Board, Parametric Portfolio Associates LLC, State Board of Administration of Florida Retirement System, and Los Angeles Capital Management & Equity Research Inc.. View insider buying and selling activity for Cincinnati Bell.

CBB stock was bought by a variety of institutional investors in the last quarter, including Pentwater Capital Management LP, CNH Partners LLC, IndexIQ Advisors LLC, Healthcare of Ontario Pension Plan Trust Fund, Nuveen Asset Management LLC, Mackay Shields LLC, State Street Corp, and Syntal Capital Partners LLC. 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 $14.74.

Cincinnati Bell has a market capitalization of $745.25 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]