Consolidated Communications

Dividend Yield: 8.10%

Consolidated Communications (NASDAQ: CNSL) shares currently have a dividend yield of 8.10%.

Consolidated Communications Holdings, Inc., together with its subsidiaries, provides telecommunications services to residential and business customers in Illinois, Texas, Pennsylvania, California, Kansas, and Missouri. The company has a P/E ratio of 25.37.

The average volume for Consolidated Communications has been 185,500 shares per day over the past 30 days. Consolidated Communications has a market cap of $763.3 million and is part of the telecommunications industry. Shares are up 19.6% year to date as of the close of trading on Friday.

TheStreet Ratings rates Consolidated Communications as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, notable return on equity, solid stock price performance, compelling growth in net income and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Highlights from the ratings report include:
  • Net operating cash flow has significantly increased by 176.14% to $56.39 million when compared to the same quarter last year.
  • The company's current return on equity greatly increased when compared to its ROE from the same quarter one year prior. This is a signal of significant strength within the corporation.
  • Compared to where it was trading one year ago, CNSL is up 35.92% to its most recent closing price of 19.03. Looking ahead, although the push and pull of a bull or bear market could certainly alter the outcome, our view is that this stock's positive fundamentals give it good potential for further appreciation.
  • The net income increased by 1311.8% when compared to the same quarter one year prior, rising from -$0.97 million to $11.69 million.
  • Since the same quarter one year prior, revenues slightly dropped by 0.2%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.

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