Press coverage about Consolidated Communications Holdings (NASDAQ:CNSL) has trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing 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 coverage optimism score of 0.11 on Accern’s scale. Accern also gave media headlines about the utilities provider an impact score of 45.4222709248153 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Accern’s analysis:
- ETFs with exposure to Consolidated Communications Holdings, Inc. : August 18, 2017 (finance.yahoo.com)
- Insider Buying: Consolidated Communications Holdings, Inc. (CNSL) Director Acquires 1,000 Shares of Stock (americanbankingnews.com)
- Consolidated Communications Holdings, Inc. (CNSL) Director Timothy D. Taron Acquires 2,500 Shares (americanbankingnews.com)
- Consolidated Communications Holdings, Inc. (CNSL): Scrutinizing the Chart - Economic News (economicsandmoney.com)
- Reflections On The Current State Of Approach Resources, Inc. (AREX), Consolidated Communications Holdings, Inc … - AllStockNews (allstocknews.com)
Consolidated Communications Holdings (NASDAQ CNSL) traded up 0.21% during mid-day trading on Friday, reaching $18.68. The company had a trading volume of 424,819 shares. Consolidated Communications Holdings has a 1-year low of $17.41 and a 1-year high of $30.23. The company has a market capitalization of $1.32 billion, a PE ratio of 6226.67 and a beta of 0.91. The firm has a 50-day moving average of $19.18 and a 200 day moving average of $21.90.
Consolidated Communications Holdings (NASDAQ:CNSL) last announced its earnings results on Thursday, August 3rd. The utilities provider reported $0.16 EPS for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.03. The firm had revenue of $169.95 million during the quarter, compared to analysts’ expectations of $169.69 million. Consolidated Communications Holdings had a return on equity of 15.30% and a net margin of 0.09%. The company’s quarterly revenue was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.20 EPS. On average, analysts predict that Consolidated Communications Holdings will post $0.55 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, November 1st. Stockholders 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 dividend yield of 8.30%. The ex-dividend date of this dividend is Thursday, October 12th. Consolidated Communications Holdings’s dividend payout ratio (DPR) is 15,500.00%.
A number of analysts recently weighed in on CNSL shares. BidaskClub upgraded Consolidated Communications Holdings from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. TheStreet downgraded Consolidated Communications Holdings from a “c” rating to a “d+” rating in a research report on Thursday, August 3rd. Zacks Investment Research upgraded Consolidated Communications Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, April 26th. ValuEngine upgraded Consolidated Communications Holdings from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. Finally, Cowen and Company restated a “hold” rating and issued a $22.00 target price on shares of Consolidated Communications Holdings in a research report on Friday, July 28th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company. Consolidated Communications Holdings presently has a consensus rating of “Hold” and an average target price of $25.60.
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In related news, Director Richard Anthony Lumpkin bought 5,300 shares of the company’s stock in a transaction dated Friday, August 11th. The stock was purchased at an average price of $19.17 per share, for a total transaction of $101,601.00. Following the acquisition, the director now owns 12,667 shares in the company, valued at $242,826.39. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Timothy D. Taron bought 2,500 shares of the company’s stock in a transaction dated Wednesday, August 16th. The stock was bought at an average price of $19.10 per share, with a total value of $47,750.00. Following the acquisition, the director now owns 3,159 shares in the company, valued at approximately $60,336.90. The disclosure for this purchase can be found here. In the last quarter, insiders bought 14,800 shares of company stock valued at $283,701. Company insiders own 3.00% of the company’s stock.
Consolidated Communications Holdings Company Profile
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.
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