Cable ONE (CABO) received a Hold rating from TD Cowen analyst Gregory Williams, with a price target of $444.00. The company's shares closed at $124.58. Williams has a 45.81% success rate on recommended stocks and an average return of -2.2%. The analyst consensus rating for Cable ONE is Hold, with an average price target of $230.20. Corporate insider sentiment is positive, with 34 insiders buying their shares over the past quarter.
Cable One (CABO) has received a Hold rating from TD Cowen analyst Gregory Williams, with a price target of $444.00. The company's shares closed at $124.58 on July 2, 2025. Williams has a 45.81% success rate on recommended stocks and an average return of -2.2%. The analyst consensus rating for Cable One is Hold, with an average price target of $230.20. Corporate insider sentiment is positive, with 34 insiders buying their shares over the past quarter.
According to Wall Street analysts, the consensus is that investors should maintain their existing positions in Cable One shares. Six analysts have issued target prices for Cable One's stock, ranging from $350.00 to $881.00, with an average prediction of $590.83 for the next year. This suggests a potential upside of 65.8% from the stock's current price [1].
Cable One's stock has experienced a significant decline in 2024, decreasing by 36.0% since the beginning of the year. The stock was trading at $556.59 at the start of 2024 and is now at $356.39. Despite the recent downturn, the company reported earnings per share of $8.11 for the quarter ending May 2, 2024, missing the consensus estimate by $2.67. The company's revenue for the quarter was down 4.2% compared to the same period last year [1].
The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1, 2024. Investors should keep an eye on the earnings report for any updates on the company's financial performance.
Cable One pays a quarterly dividend of $2.95 per share, representing an annualized dividend of $11.80 and a dividend yield of 3.31%. The company's dividend payout ratio is 27.02%, indicating a healthy and sustainable dividend [1].
Cable One's stock is held by various ETFs, including the Roundhill IO Digital Infrastructure ETF (BYTE), iShares U.S. Telecommunications ETF (IYZ), and Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU). The company's major institutional shareholders include Vanguard Group Inc., Burgundy Asset Management Ltd., and Canada Pension Plan Investment Board [1].
Investors interested in buying Cable One shares can do so through any online brokerage account, such as Charles Schwab, E*TRADE, Fidelity, or Vanguard Brokerage Services.
References:
[1] https://www.marketbeat.com/stocks/NYSE/CABO/
[2] https://finance.yahoo.com/news/coreweave-initiated-texas-instruments-upgraded-134045582.html
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