Consolidated Communications Holdings Inc

Consolidated Communications Holdings Inc Stock Forecast & Price Prediction

Live Consolidated Communications Holdings Inc Stock (CNSL) Price
$4.70

2

Ratings

  • Buy 0
  • Hold 2
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$4.70

P/E Ratio

-1.81

Volume Traded Today

$643,070

Dividend

$0.387

52 Week High/low

4.72/4.18

Consolidated Communications Holdings Inc Market Cap

$556.8M

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CNSL Summary

Based on ratings from 2 stock analysts, the Consolidated Communications Holdings Inc stock price is expected to decrease by 7.45% in 12 months. This is calculated by using the average 12-month stock price forecast for Consolidated Communications Holdings Inc. The lowest target is $4 and the highest is $4.7. Please note analyst price targets are not guaranteed and could be missed completely.

CNSL Analyst Ratings

About 2 Wall Street analysts have assignedCNSL 0 buy ratings, 2 hold ratings, and 0 sell ratings. This means that analysts expect Consolidated Communications Holdings Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CNSL. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CNSL stock forecast by analyst

These are the latest 20 analyst ratings of CNSL.

Analyst/Firm

Rating

Price Target

Change

Date

Michael Rollins
Citigroup

Sell

$2.5

Maintains

Mar 2, 2023
Michael Rollins
Citigroup

Sell

$4

Maintains

Oct 27, 2022
Jennifer Fritzsche
Wells Fargo

Equal-Weight

$7

Maintains

Aug 4, 2022

Citigroup

Sell


Downgrade

Jul 7, 2022
Michael Rollins
Citigroup

Neutral

$5

Upgrade

Mar 8, 2022
Jennifer Fritzsche
Wells Fargo

Equal-Weight

$6

Downgrade

Mar 4, 2022
Michael Rollins
Citigroup

Sell

$4

Downgrade

Mar 4, 2022

Citigroup

Neutral


Upgrade

Oct 29, 2021

Citigroup

Sell


Downgrade

Oct 19, 2021

Citigroup

Neutral


Upgrade

Aug 2, 2021
Michael Rollins
Citigroup

Sell

$8

Downgrade

Jun 3, 2021

Wells Fargo

Overweight

$7

Maintains

Oct 15, 2020

Guggenheim

Sell


Downgrade

Apr 26, 2019

Wells Fargo

Outperform

$8

Upgrade

Apr 26, 2019

Raymond James

Outperform


Downgrade

Feb 19, 2019

Wells Fargo

Market Perform

$11.25

Downgrade

Jan 8, 2019

Guggenheim

Neutral


Initiates

Mar 13, 2018

Drexel Hamilton

Buy


Upgrade

Jan 2, 2018
Scott Goldman
Jefferies

Hold

$19

Maintains

Nov 3, 2017

Citigroup

Neutral


Upgrade

Jun 7, 2017

CNSL Company Information

What They Do: Provides broadband and business communication solutions.

Business Model: The company generates revenue through a diverse range of services including high-speed broadband internet, voice over internet protocol (VoIP) phone services, commercial data connectivity, and cloud-based solutions. It serves both consumer and commercial markets, offering tailored solutions for various business needs, and also provides ancillary services like hardware sales and maintenance support.

Other Information: Founded in 1894 and headquartered in Mattoon, Illinois, the company has a long history in the telecommunications sector. Its extensive service offerings include fiber data transmission, video services, and disaster recovery solutions, making it a comprehensive provider in the communication industry.
CNSL
Consolidated Communications Holdings Inc (CNSL)

When did it IPO

2005

Staff Count

3,180

Country

United States

Sector/Industry

Communication Services/Telecom Services

CEO

Mr. C. Robert Udell Jr.

Market Cap

$556.8M

Consolidated Communications Holdings Inc (CNSL) Financial Data

In 2023, CNSL generated $1.11B in revenue, which was a decrease of -6.81% from the previous year. This can be seen as a signal that CNSL's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$1.30B

Revenue From 2021

$1.28B

-1.67 %
From Previous Year

Revenue From 2022

$1.19B

-7.09 %
From Previous Year

Revenue From 2023

$1.11B

-6.81 %
From Previous Year
  • Revenue TTM $1.09B
  • Operating Margin TTM -6.5%
  • Gross profit TTM $598.3M
  • Return on assets TTM -0.8%
  • Return on equity TTM -25.1%
  • Profit Margin -17.1%
  • Book Value Per Share 1.91%
  • Market capitalisation $556.8M
  • Revenue for 2021 $1.28B
  • Revenue for 2022 $1.19B
  • Revenue for 2023 $1.11B
  • EPS this year (TTM) $-2.04

Consolidated Communications Holdings Inc (CNSL) Latest News

News Image

Tue, 05 Nov 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Consolidated Communications Holdings reported Q3 2024 revenue of $271.1 million, with consumer broadband revenue at $82.4 million and 5,134 net adds in consumer broadband.

Why It Matters - Consolidated Communicationsโ€™ Q3 2024 results show strong revenue growth and positive net adds in consumer broadband, indicating potential for future profitability and market expansion.

News Image

Wed, 16 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Consolidated Communications (Nasdaq: CNSL) will announce its Q3 2024 financial results on Nov. 5 before market opening, amid a pending acquisition by Searchlight Capital and BC Investment Management.

Why It Matters - Consolidated Communications' upcoming earnings report precedes its acquisition, signaling potential changes in financial stability and future growth prospects, impacting investor sentiment and stock valuation.

News Image

Mon, 30 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Consolidated Communications (NASDAQ: CNSL) awarded $50,000 in educational grants to 12 schools, impacting over 1,800 students in 2024, through its Consolidated Connects program.

Why It Matters - Consolidated Communications' $50,000 grant boosts its community presence and brand image, potentially attracting more customers and enhancing long-term revenue growth.

News Image

Tue, 06 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Consolidated Communications reported Q2 2024 revenue of $268.7 million, with consumer revenue at $112.7 million and commercial data services at $54.6 million. Broadband net adds were 3,670.

Why It Matters - Consolidated Communications' Q2 2024 results show strong revenue growth and increased consumer broadband net adds, indicating potential for future profitability and market expansion.

News Image

Tue, 06 Aug 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Tris Pharma announced clinical data showing the safety and efficacy of Cebranopadol, a first-in-class therapy for pain treatment.

Why It Matters - Positive clinical data for Cebranopadol could indicate a breakthrough in pain management, potentially boosting Tris Pharma's stock value and attracting investor interest in innovative therapies.

News Image

Thu, 11 Jul 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - Consolidated Communications (Nasdaq: CNSL) will release Q2 2024 financial results on Aug. 6 before market open, amid its pending acquisition by Searchlight Capital and British Columbia Investment Management.

Why It Matters - The upcoming earnings release and the pending acquisition highlight potential changes in Consolidated Communications' financial health and strategy, impacting stock valuation and investor sentiment.

...

CNSL Frequently asked questions

The highest forecasted price for CNSL is $4.7 from at .

The lowest forecasted price for CNSL is $4 from Michael Rollins from Citigroup

The CNSL analyst ratings consensus are 0 buy ratings, 2 hold ratings, and 0 sell ratings.