Cable One (CABO) to Release Earnings on Thursday

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

Cable One Stock Up 1.8 %

CABO stock opened at $282.04 on Tuesday. Cable One has a twelve month low of $271.18 and a twelve month high of $475.00. The company has a current ratio of 0.93, a quick ratio of 0.93 and a debt-to-equity ratio of 1.84. The company has a market capitalization of $1.59 billion, a P/E ratio of 6.52 and a beta of 0.90. The firm has a 50 day simple moving average of $327.70 and a 200-day simple moving average of $352.67.

Cable One Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 7th. Shareholders of record on Tuesday, February 18th will be issued a $2.95 dividend. This represents a $11.80 dividend on an annualized basis and a yield of 4.18%. The ex-dividend date of this dividend is Tuesday, February 18th. Cable One’s dividend payout ratio is presently 27.29%.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. decreased their price objective on shares of Cable One from $480.00 to $470.00 and set a “neutral” rating for the company in a report on Tuesday, November 12th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus 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.