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 shares have decreased by 0.5% and is now trading at $14.73. 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) released its quarterly earnings results on Tuesday, May, 5th. The utilities provider reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.12) by $0.32. The utilities provider earned $380 million during the quarter. View Cincinnati Bell's earnings history.

Cincinnati Bell shares reverse split on the morning of 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.

5 brokerages have issued 1-year 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 twelve months. This suggests that the stock has a possible downside of 17.4%. View analysts' price targets for Cincinnati Bell.

Media coverage about CBB stock has been trending negative recently, according to InfoTrie. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cincinnati Bell earned a daily sentiment score of -2.0 on InfoTrie's scale. They also assigned media headlines about the utilities provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutCincinnati Bell.

Cincinnati Bell saw a increase in short interest in 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 volume of 909,500 shares, the short-interest ratio is currently 4.7 days. Approximately 9.0% 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). 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 retail and institutional investors. Top institutional shareholders 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 $14.73.

Cincinnati Bell has a market capitalization of $744.75 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]