Cable One (NYSE: CABO) awards 5,035 restricted stock units to director
Cable One, Inc. director Mary E. Meduski was granted 5,035 restricted stock units (RSUs) as equity compensation, valued at $51.13 per share. This award, which generally vests in one year or at the 2027 annual shareholders' meeting subject to her continued board service, increases her direct holdings to 8,634 shares of Cable One common stock. The transaction is a compensation-related grant, not an open-market purchase, and is seen as a routine director equity grant that enhances alignment with the company's performance.
MAY 12·AD HOC NEWS▲
Cable One stock (US1270551013): Analysts see 63% upside potential
Six Wall Street analysts have set an average 12-month price target of $101.50 for Cable One (CABO), indicating a significant 63% upside potential from its recent trading levels. The consensus reflects confidence in the company's ability to navigate market competition and leverage broadband demand, despite subscriber declines in traditional video services. Investors are advised to monitor ongoing market dynamics and company performance against these analyst expectations.
MAY 1·Stock Titan→
Cable One (NYSE: CABO) Q1 2026 profit surges on asset sale gains
Cable One (CABO) reported a significant jump in net income for Q1 2026 to $35.8 million, up from $2.6 million in Q1 2025, primarily due to a $26.6 million gain from selling fiber-to-the-tower contract rights and lower equity investment losses. Despite this profit surge, total revenues declined by 7.3% year-over-year to $353.0 million, and Adjusted EBITDA fell to $183.3 million, reflecting pressure on core operating profitability from declining residential data and video subscribers. The company also actively managed its liabilities by repaying $90.6 million in debt and refinancing $575.0 million of convertible notes.
