Headlines about Cable One (NYSE:CABO) have been trending somewhat positive recently, according to Accern. The research group rates the sentiment of press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cable One earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.6399650260221 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

Several equities research analysts have recently commented on CABO shares. BidaskClub upgraded shares of Cable One from a “hold” rating to a “buy” rating in a research note on Friday, October 13th. Zacks Investment Research upgraded shares of Cable One from a “sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Wells Fargo & Co reiterated a “market perform” rating and set a $700.00 price objective (down from $761.00) on shares of Cable One in a research note on Monday, November 13th. JPMorgan Chase & Co. downgraded shares of Cable One from a “neutral” rating to an “underweight” rating in a research note on Monday, November 13th. Finally, SunTrust Banks reiterated a “buy” rating and set a $815.00 price objective on shares of Cable One in a research note on Friday, November 10th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $705.00.

Cable One (NYSE:CABO) traded up $0.53 during trading hours on Wednesday, hitting $709.41. 43,158 shares of the stock traded hands, compared to its average volume of 36,774. Cable One has a 1-year low of $564.26 and a 1-year high of $788.00. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 2.21. The firm has a market capitalization of $4,060.00 and a P/E ratio of 34.64.

Cable One (NYSE:CABO) last posted its earnings results on Wednesday, November 8th. The company reported $5.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.20 by $0.28. The company had revenue of $253.85 million during the quarter, compared to the consensus estimate of $255.68 million. Cable One had a net margin of 12.95% and a return on equity of 23.97%. The firm’s quarterly revenue was up 23.5% on a year-over-year basis. During the same period in the previous year, the firm posted $3.63 earnings per share. research analysts forecast that Cable One will post 22.14 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 8th. Investors of record on Tuesday, November 21st were given a dividend of $1.75 per share. The ex-dividend date was Monday, November 20th. This represents a $7.00 dividend on an annualized basis and a yield of 0.99%. Cable One’s dividend payout ratio is presently 34.18%.

In other Cable One news, insider Thomas O. Might sold 6,288 shares of Cable One stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $681.20, for a total value of $4,283,385.60. Following the completion of the transaction, the insider now owns 37,702 shares of the company’s stock, valued at $25,682,602.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Thomas O. Might sold 2,793 shares of Cable One stock in a transaction on Friday, December 15th. The shares were sold at an average price of $676.44, for a total transaction of $1,889,296.92. Following the completion of the transaction, the chairman now directly owns 37,702 shares of the company’s stock, valued at approximately $25,503,140.88. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.

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About Cable One

Cable One, Inc is a provider of data, video and voice services. The Company offers products, including Residential Video Services, Residential Data Services, Residential Voice Services, Business Services and Advertising. As of May 1, 2017, the Company provided data, video and voice services in 21 Western, Midwestern and Southern states.

Insider Buying and Selling by Quarter for Cable One (NYSE:CABO)

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