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 twelve months. 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 brokerages have issued 12-month target prices for Cable One's shares. Their CABO share price targets range from $350.00 to $881.00. On average, they predict the company's share price to reach $590.83 in the next year. This suggests a possible upside of 66.9% 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 the year. Since then, CABO shares have decreased by 36.4% and is now trading at $354.00. View the best growth stocks for 2024 here .

Are investors shorting Cable One?

Cable One saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 1,110,000 shares, an increase of 26.6% from the May 15th total of 876,800 shares. Based on an average daily volume of 123,000 shares, the days-to-cover ratio is currently 9.0 days. Approximately 24.9% of the shares of the company are sold short. 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) issued its quarterly earnings results on Thursday, May, 2nd. The company reported $8.11 earnings per share for the quarter, missing the consensus estimate of $10.78 by $2.67. The firm had revenue of $404.30 million for the quarter, compared to analyst estimates 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 business's quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter last year, the firm posted $9.62 EPS.

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

Cable One declared a quarterly dividend on Thursday, May 16th. Stockholders 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 3.33%. The ex-dividend date of this dividend 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 3.38%. 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 ETFs hold Cable One's stock?

ETFs with the largest weight of Cable One (NYSE:CABO) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE) , Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU) , iShares U.S. Telecommunications ETF (IYZ) , Hypatia Women CEO ETF (WCEO) , First Trust Small Cap Value AlphaDEX Fund (FYT) , Invesco Russell 1000 Equal Weight ETF (EQAL) and Small Cap US Equity Select ETF (RNSC) . AdvisorShares Dorsey Wright Short ETF (DWSH) .

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 a number of retail and institutional investors. Top institutional shareholders 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 .

NYSE:CABO

Cable One (CABO) Stock Price, News & Analysis

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Free CABO Stock Alerts

$354.00

+5.35 (+1.53%)

(As of 06/28/2024 ET)

Compare

Today's Range: $348.75
▼
$359.23
50-Day Range: $338.14
▼
$407.69
52-Week Range: $332.94
▼
$749.00

Volume: 915,364 shs
Average Volume: 79,689 shs
Market Capitalization: $1.99 billion

P/E Ratio: 8.11
Dividend Yield: 3.33%
Price Target: $590.83

Cable One MarketRank™ Stock Analysis

Analyst Rating: Hold
2.17 Rating Score
Upside/Downside: 66.9% Upside
$590.83 Price Target
Short Interest: Bearish
24.44% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: -0.68
Upright™ Environmental Score
News Sentiment: N/A
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.

4.62 out of 5 stars

Consumer Discretionary Sector

27th out of 268 stocks

Cable & Other Pay Television Services Industry

2nd out of 17 stocks

3.1

Analyst's Opinion

Consensus Rating
Cable One has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 3 buy ratings, 1 hold rating, and 2 sell ratings.
Amount of Analyst Coverage
Cable One has only been the subject of 3 research reports in the past 90 days.
Read more about Cable One's stock forecast and price target.

2.0

Short Interest

Percentage of Shares Shorted
24.44% of the float of Cable One has been sold short.
Short Interest Ratio / Days to Cover
Cable One has a short interest ratio ("days to cover") of 8.9.
Change versus previous month
Short interest in Cable One has recently decreased by 1.80%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Yield
Cable One pays a meaningful dividend of 3.38%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cable One does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cable One is 27.02%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Cable One will have a dividend payout ratio of 30.09% next year. This indicates that Cable One will be able to sustain or increase its dividend.
Read more about Cable One's dividend.

3.1

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Cable One has received a 30.65% net impact score from Upright. The largest positive contribution comes from its "Knowledge infrastructure" impact, which is mostly driven by its "Fixed consumer internet provision", "Fiber optics internet provision", and "Broadcasting of reality television shows" products. See details.
Environmental Sustainability
The Environmental Impact score for Cable One is -0.68.

0.0

News and Social Media Coverage

Search Interest
Only 2 people have searched for CABO on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added Cable One to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cable One insiders have bought more of their company's stock than they have sold. Specifically, they have bought $369,980.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 0.70% of the stock of Cable One is held by insiders.
Percentage Held by Institutions
89.92% of the stock of Cable One is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Read more about Cable One's insider trading history.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Cable One are expected to grow by 20.98% in the coming year, from $32.41 to $39.21 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Cable One is 8.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.05.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cable One is 8.11, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.61.
Price to Book Value per Share Ratio
Cable One has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
Read more about Cable One's valuation and earnings.

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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

30 days | 90 days | 365 days | Advanced Chart

CABO Stock News Headlines

May 23, 2024 | benzinga.com

Wallace R Weitz Boosts Confidence With $369K Purchase Of Cable One Stock

May 23, 2024 | finance.yahoo.com

Director Wallace Weitz Purchases Shares of Cable One Inc (CABO)

June 30, 2024 | InvestorPlace (Ad)

Where AI is REALLY Going Next

May 18, 2024 | investing.com

Cable One Inc (CABO)

May 16, 2024 | msn.com

Cable One declares $2.95 dividend

May 16, 2024 | businesswire.com

Cable One Declares Quarterly Dividend

May 6, 2024 | finance.yahoo.com

Cable One, Inc. (NYSE:CABO) Q1 2024 Earnings Call Transcript

May 6, 2024 | finance.yahoo.com

Cable One (CABO) Impacted by Challenging Market Environment

June 30, 2024 | InvestorPlace (Ad)

Where AI is REALLY Going Next

May 4, 2024 | finance.yahoo.com

Cable One, Inc. Just Missed Earnings - But Analysts Have Updated Their Models

May 4, 2024 | finance.yahoo.com

Q1 2024 Cable One Inc Earnings Call

May 3, 2024 | seekingalpha.com

Cable One, Inc. 2024 Q1 - Results - Earnings Call Presentation

May 3, 2024 | msn.com

CABO Stock Earnings: Cable One Misses EPS, Misses Revenue for Q1 2024

May 2, 2024 | chron.com

Cable One: Q1 Earnings Snapshot

May 2, 2024 | finance.yahoo.com

Cable One (NYSE:CABO) Misses Q1 Sales Targets, Stock Drops

May 2, 2024 | finance.yahoo.com

Cable One Inc (CABO) Q1 2024 Earnings: Misses Revenue and Net Income Estimates

May 2, 2024 | businesswire.com

Cable One Reports First Quarter 2024 Results

May 2, 2024 | markets.businessinsider.com

Cable One earnings: here's what Wall Street expects

May 1, 2024 | msn.com

Cable One Q1 2024 Earnings Preview

May 1, 2024 | msn.com

Book That Trip! Cheap Destinations Americans Can Travel to Right Now, International Destinations Included!

May 1, 2024 | yahoo.com

Cabo Fish Taco closes downtown Roanoke location due to staffing, several issues

May 1, 2024 | msn.com

Cable One-Mega Broadband M&A, a long-short equity strategy opportunity - Steamboat Capital Partners 1Q letter

May 1, 2024 | finance.yahoo.com

Cable One (CABO) Q1 Earnings: What To Expect

April 29, 2024 | prnewswire.com

Mega Broadband Investments Announces CEO Leadership Transition

April 26, 2024 | msn.com

I visited the island that's been called the 'Hawaii of Europe.' Here's why it's a must-see hidden gem.

April 22, 2024 | finance.yahoo.com

Is Cable One, Inc. (NYSE:CABO) Expensive For A Reason? A Look At Its Intrinsic Value

April 18, 2024 | businesswire.com

Cable One to Host Conference Call to Discuss First Quarter 2024 Results

See More Headlines

Company Calendar

Last Earnings: 5/02/2024
Ex-Dividend for 6/14 Dividend: 5/24/2024
Dividend Payable: 6/14/2024
Today: 6/30/2024
Next Earnings (Estimated): 8/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Consumer Discretionary
Industry: Cable & other pay television services
Sub-Industry: N/A
Current Symbol: NYSE:CABO
CUSIP: N/A
CIK: 1632127
Web: www.cableone.net
Phone: (602) 364-6000
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: +66.9%
Consensus Rating: Hold
Rating Score (0-4): 2.17
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $43.67
Trailing P/E Ratio: 8.11
Forward P/E Ratio: 10.92
P/E Growth: N/A
Net Income: $267.44 million
Net Margins: 15.50%
Pretax Margin: 23.61%
Return on Equity: 12.76%
Return on Assets: 3.42%

Debt

Debt-to-Equity Ratio: 1.86
Current Ratio: 1.86
Quick Ratio: 1.86

Sales & Book Value

Annual Sales: $1.68 billion
Price / Sales: 1.19
Cash Flow: $114.19 per share
Price / Cash Flow: 3.10
Book Value: $333.49 per share
Price / Book: 1.06

Miscellaneous

Outstanding Shares: 5,620,000
Free Float: 5,580,000
Market Cap: $1.99 billion
Optionable: Not Optionable
Beta: 0.85

Key Executives

Ms. Julia M. Laulis (Age 61)
Chairwoman, President & CEO
Comp: $1.77M
Mr. Todd M. Koetje (Age 47)
Chief Financial Officer
Comp: $562.11k
Mr. Kenneth E. Johnson (Age 60)
Chief Operating Officer
Comp: $488.44k
Mr. Michael E. Bowker (Age 55)
Chief Growth Officer
Comp: $839.22k
Mr. Eric M. Lardy (Age 50)
Vice President of Integrations & Executive Liaison
Comp: $484.07k
Mr. Peter N. Witty (Age 56)
Chief Legal & Administrative Officer
Comp: $690.33k
Ms. Megan M. Detz (Age 47)
Chief People Officer
Comp: $565.25k
Mr. Matthew Armstrong (Age 41)
Senior Vice President of Residential Services
Mr. Christopher D. Boone (Age 41)
Senior Vice President of Business Services & Emerging Markets
Ms. Juli A. Blanda
VP & Head of West Division

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 twelve months. 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 brokerages have issued 12-month target prices for Cable One's shares. Their CABO share price targets range from $350.00 to $881.00. On average, they predict the company's share price to reach $590.83 in the next year. This suggests a possible upside of 66.9% 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 the year. Since then, CABO shares have decreased by 36.4% and is now trading at $354.00.
View the best growth stocks for 2024 here.
Are investors shorting Cable One?: Cable One saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 1,110,000 shares, an increase of 26.6% from the May 15th total of 876,800 shares. Based on an average daily volume of 123,000 shares, the days-to-cover ratio is currently 9.0 days. Approximately 24.9% of the shares of the company are sold short.
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) issued its quarterly earnings results on Thursday, May, 2nd. The company reported $8.11 earnings per share for the quarter, missing the consensus estimate of $10.78 by $2.67. The firm had revenue of $404.30 million for the quarter, compared to analyst estimates 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 business's quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter last year, the firm posted $9.62 EPS.

How often does Cable One pay dividends? What is the dividend yield for Cable One?: Cable One declared a quarterly dividend on Thursday, May 16th. Stockholders 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 3.33%. The ex-dividend date of this dividend 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 3.38%. 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 ETFs hold Cable One's stock?: ETFs with the largest weight of Cable One (NYSE:CABO) stock in their portfolio include Roundhill IO Digital Infrastructure ETF (BYTE), Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU), iShares U.S. Telecommunications ETF (IYZ), Hypatia Women CEO ETF (WCEO), First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco Russell 1000 Equal Weight ETF (EQAL) and Small Cap US Equity Select ETF (RNSC).AdvisorShares Dorsey Wright Short ETF (DWSH).
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 a number of retail and institutional investors. Top institutional shareholders 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 6/30/2024 by MarketBeat.com Staff

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Cable One (CABO) Stock Price, News & Analysis

Cable One MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Consensus Rating

Amount of Analyst Coverage

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Dividend Yield

Dividend Growth

Dividend Coverage

Dividend Sustainability

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

Search Interest

MarketBeat Follows

Company Ownership

Insider Buying vs. Insider Selling

Percentage Held by Insiders

Percentage Held by Institutions

Earnings and Valuation

Earnings Growth

Price to Earnings Ratio vs. the Market

Price to Earnings Ratio vs. Sector

Price to Book Value per Share Ratio

About Cable One Stock (NYSE:CABO)

CABO Stock Price History

CABO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

CABO Stock Analysis - Frequently Asked Questions

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

Overall MarketRank^™