Headlines about Consolidated Communications Holdings (NASDAQ:CNSL) have trended somewhat positive this week, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Consolidated Communications Holdings earned a daily sentiment score of 0.18 on Accern’s scale. Accern also assigned media coverage about the utilities provider an impact score of 46.0701575193088 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have impacted Accern’s rankings:
- Super Micro Computer, Inc. (NasdaqGS:SMCI) vs. Consolidated Communications Holdings, Inc. (NasdaqGS:CNSL) VC … - Evergreen Caller (evergreencaller.com)
- Consolidated Communications Holdings, Inc. (CNSL) Rating Lowered to D+ at TheStreet (americanbankingnews.com)
- Consolidated Communications Now Offers TV Streaming in the Spanish Language (telecompetitor.com)
- Consolidated Communications Reports Second Quarter 2017 Results (finance.yahoo.com)
- Edited Transcript of CNSL earnings conference call or presentation 3-Aug-17 3:00pm GMT (finance.yahoo.com)
CNSL has been the topic of several analyst reports. Citigroup Inc. upgraded Consolidated Communications Holdings from a “sell” rating to a “neutral” rating in a research note on Wednesday, June 7th. BidaskClub downgraded Consolidated Communications Holdings from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. ValuEngine upgraded Consolidated Communications Holdings from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. TheStreet downgraded Consolidated Communications Holdings from a “c” rating to a “d+” rating in a research note on Thursday. Finally, Raymond James Financial, Inc. upgraded Consolidated Communications Holdings from an “outperform” rating to a “strong-buy” rating and set a $26.00 price target on the stock in a research note on Friday, June 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, one has given a buy rating and two have assigned a strong buy rating to the stock. Consolidated Communications Holdings has a consensus rating of “Hold” and a consensus target price of $25.60.
Consolidated Communications Holdings (NASDAQ CNSL) traded up 5.48% during mid-day trading on Friday, hitting $19.63. The company had a trading volume of 789,864 shares. The stock’s 50 day moving average price is $19.74 and its 200 day moving average price is $22.42. Consolidated Communications Holdings has a 52-week low of $17.41 and a 52-week high of $30.23. The firm has a market cap of $995.89 million, a P/E ratio of 332.71 and a beta of 0.91.
Consolidated Communications Holdings (NASDAQ:CNSL) last issued its quarterly earnings data on Thursday, August 3rd. The utilities provider reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. Consolidated Communications Holdings had a return on equity of 15.30% and a net margin of 0.09%. The business had revenue of $169.95 million during the quarter, compared to analyst estimates of $169.69 million. During the same period in the prior year, the company posted $0.20 EPS. The business’s revenue for the quarter was down 9.1% compared to the same quarter last year. On average, equities research analysts predict that Consolidated Communications Holdings will post $0.52 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 1st. Investors of record on Sunday, October 15th will be issued a $0.3874 dividend. This represents a $1.55 dividend on an annualized basis and a yield of 7.89%. The ex-dividend date is Thursday, October 12th. Consolidated Communications Holdings’s dividend payout ratio (DPR) is 15,500.00%.
COPYRIGHT VIOLATION NOTICE: “Consolidated Communications Holdings (NASDAQ:CNSL) Earns News Sentiment Score of 0.18” was first reported by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of United States & international trademark and copyright legislation. The correct version of this piece of content can be read at https://stocknewstimes.com/2017/08/06/somewhat-favorable-press-coverage-somewhat-unlikely-to-affect-consolidated-communications-holdings-nasdaqcnsl-stock-price-updated.html.
About Consolidated Communications Holdings
Consolidated Communications Holdings, Inc is a holding company with operating subsidiaries that provide integrated communications services in consumer, commercial and carrier channels in California, Illinois, Iowa, Kansas, Minnesota, Missouri, North Dakota, Pennsylvania, South Dakota, Texas and Wisconsin.
Receive News & Ratings for Consolidated Communications Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consolidated Communications Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
