NYSE:CBB - Cincinnati Bell Stock Price, Price Target & More

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

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 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) issued its quarterly earnings data on Wednesday, May, 9th. The utilities provider reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.15) by $0.04. The utilities provider had revenue of $296 million for the quarter, compared to the consensus estimate of $296.69 million. Cincinnati Bell had a negative net margin of 2.77% and a negative return on equity of 0.61%. The company's revenue was up 6.5% compared to the same quarter last year. During the same period last year, the business earned ($0.01) earnings per share. View Cincinnati Bell's Earnings History.

Cincinnati Bell is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Cincinnati Bell.

3 brokerages have issued 12 month price targets for Cincinnati Bell's shares. Their predictions range from $16.00 to $18.00. On average, they expect Cincinnati Bell's stock price to reach $17.00 in the next year. This suggests a possible upside of 31.3% from the stock's current price. View Analyst Ratings for Cincinnati Bell.

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

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

Press coverage about CBB stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cincinnati Bell earned a media sentiment score of 0.07 on Accern's scale. They also assigned news coverage about the utilities provider an impact score of 45.33 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Cincinnati Bell's stock is owned by a number of of retail and institutional investors. Top institutional investors include Municipal Employees Retirement System of Michigan (0.03%). 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 Municipal Employees Retirement System of Michigan. 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 $12.95.

Cincinnati Bell has a market capitalization of $574.48 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]