Cable One (CABO) Expected to Announce Quarterly Earnings on Thursday

Cable One (NYSE:CABO - Get Free Report) is expected to be issuing its quarterly earnings data after the market closes on Thursday, February 27th. Analysts expect the company to announce earnings of $9.91 per share and revenue of $390.25 million for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.

Cable One Trading Down 1.0 %

NYSE CABO traded down $2.72 during trading on Friday, hitting $278.04. 148,054 shares of the company's stock traded hands, compared to its average volume of 118,256. The firm has a market cap of $1.56 billion, a P/E ratio of 6.43 and a beta of 0.89. The stock has a fifty day moving average of $329.40 and a two-hundred day moving average of $354.12. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.93 and a quick ratio of 0.93. Cable One has a 12-month low of $271.18 and a 12-month high of $479.79.

Cable One Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Tuesday, February 18th will be given a dividend of $2.95 per share. The ex-dividend date is Tuesday, February 18th. This represents a $11.80 annualized dividend and a yield of 4.24%. Cable One's payout ratio is 27.29%.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. reduced their target price on shares of Cable One from $480.00 to $470.00 and set a "neutral" rating on the stock in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Cable One currently has an average rating of "Hold" and an average price target of $554.40.

Cable One Company Profile

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.