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NYSE:CABO

Cable One (CABO) Stock Price, News & Analysis

$368.89
+15.76 (+4.46%)
(As of 05/28/2024 ET)
Today's Range
$354.04
$369.29
50-Day Range
$338.14
$445.19
52-Week Range
$332.94
$749.00
Volume
147,380 shs
Average Volume
108,347 shs
Market Capitalization
$2.07 billion
P/E Ratio
8.45
Dividend Yield
3.20%
Price Target
$590.83

Cable One MarketRank™ Stock Analysis

Analyst Rating
Hold
2.17 Rating Score
Upside/​Downside
60.3% Upside
$590.83 Price Target
Short Interest
Bearish
19.66% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.68
Upright™ Environmental Score
News Sentiment
1.34mentions of Cable One in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$369,980 Bought Last Quarter
Proj. Earnings Growth
20.98%
From $32.41 to $39.21 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.92 out of 5 stars

Consumer Discretionary Sector

4th out of 273 stocks

Cable & Other Pay Television Services Industry

2nd out of 17 stocks

CABO stock logo

About Cable One Stock (NYSE:CABO)

Cable One, Inc., together with its subsidiaries, provides data, video, and voice services in the United States. The company offers residential data services, a service to enhance Wi-Fi signal throughout the home. It also provides various residential video services from basic video service to digital services with access to hundreds of channels; and provides a cloud-based DVR feature that does not require the use of a set-top boxes. In addition, the company offers Sparklight TV, an IPTV video service that allows customers to stream its video channels from the cloud through an app on supported devices, such as the Amazon Firestick, Apple TV, and Android-based smart televisions. Further, it provides data, voice, and video products to business customers, including small to mid-markets, enterprises, and wholesale and carrier customers. The company serves residential and business customers, comprising data, video, and voice services. Cable One, Inc. was incorporated in 1980 and is headquartered in Phoenix, Arizona.

CABO Stock Price History

CABO Stock News Headlines

Cable One Inc (CABO)
Cable One declares $2.95 dividend
Cable One Declares Quarterly Dividend
Q1 2024 Cable One Inc Earnings Call
Cable One: Q1 Earnings Snapshot
Cable One Reports First Quarter 2024 Results
Cable One earnings: here's what Wall Street expects
Cable One Q1 2024 Earnings Preview
Cable One (CABO) Q1 Earnings: What To Expect
See More Headlines
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Company Calendar

Ex-Dividend for 3/8 Dividend
2/16/2024
Dividend Payable
3/08/2024
Last Earnings
5/02/2024
Ex-Dividend for 6/14 Dividend
5/24/2024
Today
5/28/2024
Dividend Payable
6/14/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Cable & other pay television services
Sub-Industry
N/A
Fax
N/A
Employees
2,993
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$590.83
High Stock Price Target
$881.00
Low Stock Price Target
$350.00
Potential Upside/Downside
+60.2%
Consensus Rating
Hold
Rating Score (0-4)
2.17
Research Coverage
6 Analysts

Profitability

Net Income
$267.44 million
Pretax Margin
23.61%

Debt

Sales & Book Value

Annual Sales
$1.66 billion
Cash Flow
$117.48 per share
Book Value
$333.49 per share

Miscellaneous

Free Float
5,580,000
Market Cap
$2.07 billion
Optionable
Not Optionable
Beta
0.80
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CABO Stock Analysis - Frequently Asked Questions

Should I buy or sell Cable One stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cable One in the last year. There are currently 2 sell ratings, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CABO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CABO, but not buy additional shares or sell existing shares.
View CABO analyst ratings
or view top-rated stocks.

What is Cable One's stock price target for 2024?

6 brokers have issued 1-year price targets for Cable One's shares. Their CABO share price targets range from $350.00 to $881.00. On average, they expect the company's stock price to reach $590.83 in the next twelve months. This suggests a possible upside of 60.3% from the stock's current price.
View analysts price targets for CABO
or view top-rated stocks among Wall Street analysts.

How have CABO shares performed in 2024?

Cable One's stock was trading at $556.59 at the beginning of 2024. Since then, CABO stock has decreased by 33.8% and is now trading at $368.62.
View the best growth stocks for 2024 here
.

Are investors shorting Cable One?

Cable One saw a increase in short interest in April. As of April 30th, there was short interest totaling 844,800 shares, an increase of 8.1% from the April 15th total of 781,700 shares. Based on an average trading volume of 123,000 shares, the short-interest ratio is presently 6.9 days. Approximately 18.9% of the company's shares are short sold.
View Cable One's Short Interest
.

When is Cable One's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our CABO earnings forecast
.

How were Cable One's earnings last quarter?

Cable One, Inc. (NYSE:CABO) posted its quarterly earnings data on Thursday, May, 2nd. The company reported $8.11 EPS for the quarter, missing analysts' consensus estimates of $10.78 by $2.67. The firm had revenue of $404.30 million for the quarter, compared to analysts' expectations of $408.79 million. Cable One had a net margin of 15.50% and a trailing twelve-month return on equity of 12.76%. The firm's revenue was down 4.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $9.62 EPS.

How often does Cable One pay dividends? What is the dividend yield for Cable One?

Cable One announced a quarterly dividend on Thursday, May 16th. Investors of record on Tuesday, May 28th will be paid a dividend of $2.95 per share on Friday, June 14th. This represents a $11.80 annualized dividend and a dividend yield of 3.20%. The ex-dividend date is Friday, May 24th.
Read our dividend analysis for CABO
.

Is Cable One a good dividend stock?

Cable One (NYSE:CABO) pays an annual dividend of $11.80 per share and currently has a dividend yield of 3.34%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 27.02%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CABO will have a dividend payout ratio of 30.09% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CABO.

What other stocks do shareholders of Cable One own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cable One investors own include Booking (BKNG), International Business Machines (IBM), NVIDIA (NVDA), Walmart (WMT), Exxon Mobil (XOM), Boeing (BA), Baidu (BIDU), 3M (MMM), Woodward (WWD) and Applied Materials (AMAT).

Who are Cable One's major shareholders?

Cable One's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (8.72%), Burgundy Asset Management Ltd. (3.63%), Canada Pension Plan Investment Board (2.86%), Janus Henderson Group PLC (1.34%), Private Management Group Inc. (1.18%) and Raymond James & Associates (1.13%). Insiders that own company stock include Brad D Brian, Christopher D Boone, Christopher D Boone, Eric Michael Lardy, James A Obermeyer, James A Obermeyer, Julia M Laulis, Julia M Laulis, Peter N Witty, Steven Scott Cochran, Thomas O Might, Thomas O Might, Thomas Sinnickson Gayner and Wallace R Weitz.
View institutional ownership trends
.

How do I buy shares of Cable One?

Shares of CABO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CABO) was last updated on 5/28/2024 by MarketBeat.com Staff

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