Cable One (CABO) Set to Announce Earnings on Thursday

Cable One (NYSE:CABO - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $9.93 per share for the quarter. Investors that wish to register for the company's conference call can do so using this link.

Cable One (NYSE:CABO - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $8.16 earnings per share for the quarter, missing the consensus estimate of $10.36 by ($2.20). Cable One had a net margin of 15.31% and a return on equity of 12.04%. The company had revenue of $394.46 million for the quarter, compared to the consensus estimate of $400.64 million. During the same quarter last year, the business posted $10.43 earnings per share. Cable One's revenue was down 7.0% on a year-over-year basis. On average, analysts expect Cable One to post $31 EPS for the current fiscal year and $40 EPS for the next fiscal year.

Cable One Stock Up 1.4 %

Shares of NYSE CABO traded up $4.67 during trading on Thursday, hitting $341.56. The stock had a trading volume of 78,741 shares, compared to its average volume of 103,011. The company has a debt-to-equity ratio of 1.87, a current ratio of 1.81 and a quick ratio of 1.81. The company has a market capitalization of $1.92 billion, a PE ratio of 7.70 and a beta of 0.84. Cable One has a 12 month low of $311.28 and a 12 month high of $618.44. The firm has a fifty day moving average of $344.08 and a two-hundred day moving average of $363.28.

Cable One Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 13th. Stockholders of record on Tuesday, August 27th were issued a $2.95 dividend. This represents a $11.80 annualized dividend and a dividend yield of 3.45%. The ex-dividend date was Tuesday, August 27th. Cable One's dividend payout ratio is presently 27.02%.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lifted their price objective on Cable One from $470.00 to $480.00 and gave the stock a "neutral" rating in a report on Tuesday, August 6th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Cable One currently has an average rating of "Hold" and a consensus target price of $533.33.

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.