Headlines about Consolidated Communications (NASDAQ:CNSL) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Consolidated Communications earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 44.9473356927113 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s rankings:
- Consolidated Communications (CNSL) Cut to Sell at ValuEngine (americanbankingnews.com)
- Over 125 People Turn Out for Unit 40 Board Meeting in Support of Teacher Contract (thexradio.com)
- Back on the table: Offer to lease wing of nursing home (news-gazette.com)
- NH Business Review names Franklin ‘Best of Business 2018’ (laconiadailysun.com)
Shares of NASDAQ:CNSL opened at $10.96 on Monday. The firm has a market cap of $775.72, a PE ratio of 42.15, a P/E/G ratio of 98.74 and a beta of 0.75. The company has a debt-to-equity ratio of 4.03, a current ratio of 0.83 and a quick ratio of 0.83. Consolidated Communications has a 52-week low of $10.72 and a 52-week high of $24.80.
The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 1st. Stockholders of record on Sunday, April 15th will be issued a dividend of $0.3874 per share. The ex-dividend date is Thursday, April 12th. This is an increase from Consolidated Communications’s previous quarterly dividend of $0.39. This represents a $1.55 annualized dividend and a dividend yield of 14.14%. Consolidated Communications’s dividend payout ratio is 596.15%.
Several equities research analysts have weighed in on CNSL shares. Zacks Investment Research upgraded Consolidated Communications from a “sell” rating to a “hold” rating in a research note on Monday, February 26th. Guggenheim started coverage on Consolidated Communications in a research note on Tuesday, March 13th. They set a “neutral” rating and a $11.00 target price for the company. TheStreet upgraded Consolidated Communications from a “d+” rating to a “c” rating in a research note on Thursday, March 1st. ValuEngine downgraded shares of Consolidated Communications from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Finally, BidaskClub downgraded shares of Consolidated Communications from a “sell” rating to a “strong sell” rating in a report on Wednesday, March 21st. Two investment analysts have rated the stock with a sell rating, five have given a hold rating, one has issued a buy rating and two have given a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $17.50.
COPYRIGHT VIOLATION NOTICE: “Consolidated Communications (CNSL) Getting Somewhat Favorable Press Coverage, Study Finds” was originally published by WKRB News and is the sole property of of WKRB News. If you are accessing this story on another website, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this story can be accessed at https://www.wkrb13.com/2018/04/02/consolidated-communications-cnsl-getting-somewhat-favorable-press-coverage-study-finds.html.
About Consolidated Communications
Consolidated Communications Holdings, Inc, through its subsidiaries, provides various integrated communications services to business and residential customers in the United States. It offers a range of communication services and products that include local and long-distance, high-speed broadband Internet access, video, voice over Internet protocol, private line, custom calling features, security, cloud, data center, managed and IT, and directory publishing services, as well as engages in equipment sales activities.
Receive News & Ratings for Consolidated Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consolidated Communications and related companies with MarketBeat.com's FREE daily email newsletter.