Consolidated Communications (CNSL) Stock Price, News & Analysis

Company Overview

Consolidated Communications Holdings, Inc., together with its subsidiaries, provides broadband and business communication solutions for consumer, commercial, and carrier channels in the United States. It offers high-speed broadband Internet access, SIP trunking, and voice over Internet protocol (VoIP) phone services; commercial data connectivity services in various markets, including Ethernet services, private line data services, software defined wide area network, and multi-protocol label switching services; networking services; cloud-based services; and data center and disaster recovery solutions. The company also provides voice services, such as local phone and long-distance services; and high-speed fiber data transmission services to regional and national interexchange; and wireless carriers, including Ethernet, cellular backhaul, dark fiber, and colocation services. In addition, it sells business equipment, as well as offers related hardware and maintenance support, video, and other miscellaneous services. Further, the company offers video services comprising high-definition television, digital video recorders (DVR), and/or a whole home DVR; and in-demand streaming TV services that provide endless entertainment options. Additionally, it provides network access services that include interstate and intrastate switched access, network special access, and end user access; and telephone directory publishing, video advertising, billing and support, and other miscellaneous services. The company was founded in 1894 and is headquartered in Mattoon, Illinois.

Key Stats

• Today's Range: $4.66 to $4.69
• 50-Day Range: $4.60 to $4.70
• 52-Week Range: $4.18 to $4.72
• Volume: 4.24 million shs
• Average Volume: 607,921 shs
• Market Capitalization: $552.06 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Consolidated Communications Stock Analysis - MarketRank™

Consolidated Communications scored higher than 6% of companies evaluated by MarketBeat, and ranked 90th out of 91 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Consolidated Communications.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Consolidated Communications is -2.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Consolidated Communications is -2.27, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Consolidated Communications has a P/B Ratio of 1.34. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.44% of the float of Consolidated Communications has been sold short.

Short Interest Ratio / Days to Cover

Consolidated Communications has a short interest ratio ("days to cover") of 9.1.

Change versus previous month

Short interest in Consolidated Communications has recently increased by 4.81%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Consolidated Communications does not currently pay a dividend.

Dividend Growth

Consolidated Communications does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.44% of the float of Consolidated Communications has been sold short.

Short Interest Ratio / Days to Cover

Consolidated Communications has a short interest ratio ("days to cover") of 9.1.

Change versus previous month

Short interest in Consolidated Communications has recently increased by 4.81%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.92

News Sentiment

Consolidated Communications has a news sentiment score of 0.92. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Consolidated Communications this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added Consolidated Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Consolidated Communications insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.50% of the stock of Consolidated Communications is held by insiders.

Percentage Held by Institutions

79.98% of the stock of Consolidated Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CNSL Stock Analysis - Frequently Asked Questions

How have CNSL shares performed this year?

Consolidated Communications' stock was trading at $4.35 at the beginning of the year. Since then, CNSL shares have increased by 7.1% and is now trading at $4.66.
View the best growth stocks for 2024 here.

How were Consolidated Communications' earnings last quarter?

Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) released its quarterly earnings results on Thursday, October, 28th. The utilities provider reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.14. The utilities provider earned $318.58 million during the quarter. Consolidated Communications had a negative trailing twelve-month return on equity of 34.09% and a negative net margin of 17.15%.

Who are Consolidated Communications' major shareholders?

Consolidated Communications' top institutional shareholders include State Street Corp (2.49%), Private Advisor Group LLC (1.90%), Geode Capital Management LLC (1.51%) and Charles Schwab Investment Management Inc. (1.35%).
View institutional ownership trends.

How do I buy shares of Consolidated Communications?

Shares of CNSL 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.

What other stocks do shareholders of Consolidated Communications own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Consolidated Communications investors own include Waste Connections (WCN), American Water Works (AWK), DiamondRock Hospitality (DRH), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

• Last Earnings: 10/28/2021
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Utilities
• Industry: Telephone communication, except radio
• Sub-Industry: Integrated Telecommunication Services
• Current Symbol: NASDAQ:CNSL
• CUSIP: 20903410
• CIK: 1304421
• Web: www.consolidated.com
• Phone: (217) 235-3311
• Fax: 217-258-7883
• Employees: 3,180
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($2.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-250,510,000.00
• Net Margins: -17.15%
• Pretax Margin: -21.42%
• Return on Equity: -34.09%
• Return on Assets: -3.06%

Debt

• Debt-to-Equity Ratio: 10.13
• Current Ratio: 0.76
• Quick Ratio: 0.76

Sales & Book Value

• Annual Sales: $1.09 billion
• Price / Sales: 0.51
• Cash Flow: $1.99 per share
• Price / Cash Flow: 2.34
• Book Value: $3.49 per share
• Price / Book: 1.34

Miscellaneous

• Outstanding Shares: 118,468,000
• Free Float: 115,506,000
• Market Cap: $552.06 million
• Optionable: Optionable
• Beta: 0.98