Consolidated Communications Holdings, Inc., together with its subsidiaries, provides telecommunications services to business and residential customers in the United States. It offers high-speed broadband Internet access and voice over Internet protocol (VoIP) phone services; commercial data connectivity services in select markets, including a portfolio of Ethernet services, software defined wide area network, multi-protocol label switching, and private line services; and wholesale services to regional and national interexchange and wireless carriers, including cellular backhaul, dark fiber, and other fiber transport solutions, as well as cloud-based services. The company also provides voice services that include local phone and long-distance service packages for business customers; and sells business equipment and provides related hardware and maintenance support, video, and other miscellaneous services. In addition, it offers video services, which consist of high-definition television, digital video recorders (DVR), and/or a whole home DVR; other in-demand streaming content, including ATT TV, fuboTV, Philo, and HBO NOW; and voice services, such as local phone service packages and long-distance calling plans, including unlimited flat-rate calling plans. Further, the company engages in telephone directory publishing, video advertising, billing and support services, and other miscellaneous activities, as well as network access services, including interstate and intrastate switched access, network special access, and end user access. As of December 31, 2020, it had approximately 780,000 voice connections, 792,000 data connections, and 76,000 video connections. The company serves customers in consumer, commercial, and carrier channels. Consolidated Communications Holdings, Inc. was founded in 1894 and is headquartered in Mattoon, Illinois.
IPO Year: 2005
Exchange: NASDAQ
Website: consolidated.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/7/2022 | $5.00 | Neutral → Sell | Citigroup |
| 3/8/2022 | $4.00 → $5.00 | Sell → Neutral | Citigroup |
| 3/4/2022 | $9.00 → $6.00 | Overweight → Equal-Weight | Wells Fargo |
| 3/4/2022 | $8.00 → $4.00 | Neutral → Sell | Citigroup |
| 10/29/2021 | Sell → Neutral | Citigroup | |
| 10/29/2021 | $8.00 | Sell → Neutral | Citigroup |
| 10/19/2021 | $8.00 | Neutral → Sell | Citigroup |
| 10/19/2021 | Neutral → Sell | Citigroup | |
| 8/2/2021 | Sell → Neutral | Citigroup |
Stoll's history of success affirms the company's commitment to growing commercial and carrier fiber solutions Consolidated Communications (NASDAQ:CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, today announced Dan Stoll as president of the Company's commercial and carrier business. Stoll will oversee Consolidated's commercial and carrier go-to-market strategy including: sales, delivery, customer support, and related development and expansion of the Company's fiber network. Michael Smith, who previously served as president of the commercial and carrier business, is retiring from the Company after 30 successful years of service. This press release features multimedia. View t
Fred Graffam named Executive Vice President and Chief Financial Officer Consolidated Communications (NASDAQ:CNSL), a leading Fiber-to-the-Premise (FttP) broadband provider, today announced the appointment of Fred Graffam as executive vice president and chief financial officer effective Dec. 1, 2022. After a distinguished career within the telecommunications industry, Steve Childers will transition from chief financial officer to an advisory role until Dec. 31, 2022 to ensure a smooth transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221129005252/en/Fred Graffam, Chief Financial Officer, Consolidated Communications. (Pho
Consolidated Communications (NASDAQ:CNSL) (the "Company") will release its third quarter 2024 financial results on Tuesday, Nov. 5 before the market opens. The Company's third quarter 2024 earnings press release will be available on its investor relations website at https://ir.consolidated.com/. In light of the pending acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, Consolidated will not host an earnings conference call. About Consolidated Communications Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) is dedicated to moving people, businesses and communities forward by delivering the most rel
Consolidated Connects grants benefit more than 1,800 students at 12 schools Consolidated Communications (NASDAQ:CNSL) a leading broadband and business communications provider, awarded $50,000 in educational grants, supporting more than 1,800 students at 12 schools in 2024 through its Consolidated Connects Educational Grant Program. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240930629909/en/Consolidated Communications awarded $50,000 to support 1,800 students at 12 schools through its Consolidated Connects Educational Grant Program in 2024. Canaan School District in Canaan, Vt. (pictured above) received a grant from Consolida
Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated"), a top 10 fiber provider in the U.S., today reported results for second quarter 2024. Second Quarter 2024 Results Revenue totaled $268.7 million Overall consumer revenue was $112.7 million Consumer fiber broadband revenue was $45.4 million Total consumer broadband net adds were 3,6701 Consumer broadband revenue was $81.4 million Commercial data services revenue was $54.6 million Carrier data-transport revenue was $30.3 million Net loss was ($66.7 million). Adjusted EBITDA was $84.2 million Total committed capital expenditures were $102.7 million Cost of services and pro
Consolidated Communications (NASDAQ:CNSL) (the "Company") will release its second quarter 2024 financial results on Tuesday, Aug. 6 before the market opens. The Company's second quarter 2024 earnings press release will be available on its investor relations website at https://ir.consolidated.com/. In light of the pending acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, Consolidated will not host an earnings conference call. About Consolidated Communications Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) is dedicated to moving people, businesses and communities forward by delivering the mo
New ranking recognizes Consolidated's Fidium service for fast speeds, 100% fiber connection and competitive pricing Consolidated Communications (NASDAQ:CNSL), announced that Fidium Fiber, the company's all fiber internet brand, has won CNET's Best Internet Providers of 2024. Since 2021, Consolidated has been expanding its multi-gigabit fiber network, bringing the life-changing benefits of fiber internet to hundreds of communities. Consolidated's fiber services, including Fidium Fiber service, are available to more than 1.25 million homes and businesses in the company's 20-plus state service area. "This recognition is a credit to the teams who have been working tirelessly to bring the
Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated"), a top 10 fiber provider in the U.S., today reported results for first quarter 2024. First Quarter 2024 Results Revenue totaled $274.7 million Overall consumer revenue was $114.8 million Consumer fiber broadband revenue was $41.6 million Total consumer broadband net adds were 6,338 Consumer broadband revenue was $79.9 million Commercial data services revenue was $54.7 million Carrier data-transport revenue was $31.0 million Net loss was ($47.2 million). Adjusted EBITDA was $88.4 million Total committed capital expenditures were $83.7 million Cost of services and product
Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated") announced that it has completed the sale of its Washington assets, effective May 1, 2024, to Palisade Infrastructure. The divestiture aligns with the Company's ongoing strategic asset review and focus on its fiber expansion plans in core broadband regions. Consolidated's Washington operations include approximately 9,950 data connections and 8,500 access lines, and contributed approximately $20 million of revenue in fiscal 2023. Lazard served as the exclusive financial advisor to Consolidated on the transaction. About Consolidated Communications Consolidated Communications Holdings, Inc. (NASDA
Consolidated Communications (NASDAQ:CNSL), a leading fiber provider, today published its 2023 Environmental, Social and Governance (ESG) Report. The report details Consolidated's ongoing efforts to enhance sustainable and responsible business and operational practices throughout 2023. "We are building a more sustainable business that continues to enrich the communities we serve through ongoing fiber expansion, community investments and continuing to run an ethical, transparent business," said Bob Udell, president and chief executive office of Consolidated. "As a fiber-first company, our ESG goals are aligned with our company mission and values. I'm proud of the work Consolidated employees
Consolidated Communications (NASDAQ:CNSL) (the "Company") will release its first quarter 2024 financial results on Tuesday, May 7 before the market opens. In light of the pending acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, Consolidated will not host an earnings conference call. The Company's first quarter 2024 earnings press release will be available on its investor relations website at https://ir.consolidated.com/. About Consolidated Communications Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) is dedicated to moving people, businesses and communities forward by delivering the most
Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated"), a top 10 fiber provider in the U.S., today reported results for the fourth quarter and full year 2023. Fourth Quarter 2023 Results Revenue totaled $275.2 million Overall consumer revenue was $113.9 million Consumer fiber revenue was $37.9 million Total consumer broadband net adds were 6,998 Consumer broadband revenue was $76.5 million Commercial data services revenue was $54.5 million Carrier data-transport revenue was $31.7 million Net loss was ($58.6 million). Adjusted EBITDA was $86.7 million Total committed capital expenditures were $91.5 million Cost of services a
4 - Consolidated Communications Holdings, Inc. (0001304421) (Issuer)
4 - Consolidated Communications Holdings, Inc. (0001304421) (Issuer)
4 - Consolidated Communications Holdings, Inc. (0001304421) (Issuer)
4 - Consolidated Communications Holdings, Inc. (0001304421) (Issuer)
4 - Consolidated Communications Holdings, Inc. (0001304421) (Issuer)
4 - Consolidated Communications Holdings, Inc. (0001304421) (Issuer)
4 - Consolidated Communications Holdings, Inc. (0001304421) (Issuer)
4 - Consolidated Communications Holdings, Inc. (0001304421) (Issuer)
4 - Consolidated Communications Holdings, Inc. (0001304421) (Issuer)
4 - Consolidated Communications Holdings, Inc. (0001304421) (Issuer)
8-K - Consolidated Communications Holdings, Inc. (0001304421) (Filer)
8-K - Consolidated Communications Holdings, Inc. (0001304421) (Filer)
10-Q - Consolidated Communications Holdings, Inc. (0001304421) (Filer)
8-K - Consolidated Communications Holdings, Inc. (0001304421) (Filer)
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8-K - Consolidated Communications Holdings, Inc. (0001304421) (Filer)
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10-Q - Consolidated Communications Holdings, Inc. (0001304421) (Filer)
8-K - Consolidated Communications Holdings, Inc. (0001304421) (Filer)
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Consolidated Communications (NASDAQ:CNSL) (the "Company") will release its third quarter 2024 financial results on Tuesday, Nov. 5 before the market opens. The Company's third quarter 2024 earnings press release will be available on its investor relations website at https://ir.consolidated.com/. In light of the pending acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, Consolidated will not host an earnings conference call. About Consolidated Communications Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) is dedicated to moving people, businesses and communities forward by delivering the most rel
Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated"), a top 10 fiber provider in the U.S., today reported results for second quarter 2024. Second Quarter 2024 Results Revenue totaled $268.7 million Overall consumer revenue was $112.7 million Consumer fiber broadband revenue was $45.4 million Total consumer broadband net adds were 3,6701 Consumer broadband revenue was $81.4 million Commercial data services revenue was $54.6 million Carrier data-transport revenue was $30.3 million Net loss was ($66.7 million). Adjusted EBITDA was $84.2 million Total committed capital expenditures were $102.7 million Cost of services and pro
Consolidated Communications (NASDAQ:CNSL) (the "Company") will release its second quarter 2024 financial results on Tuesday, Aug. 6 before the market opens. The Company's second quarter 2024 earnings press release will be available on its investor relations website at https://ir.consolidated.com/. In light of the pending acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, Consolidated will not host an earnings conference call. About Consolidated Communications Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) is dedicated to moving people, businesses and communities forward by delivering the mo
Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated"), a top 10 fiber provider in the U.S., today reported results for first quarter 2024. First Quarter 2024 Results Revenue totaled $274.7 million Overall consumer revenue was $114.8 million Consumer fiber broadband revenue was $41.6 million Total consumer broadband net adds were 6,338 Consumer broadband revenue was $79.9 million Commercial data services revenue was $54.7 million Carrier data-transport revenue was $31.0 million Net loss was ($47.2 million). Adjusted EBITDA was $88.4 million Total committed capital expenditures were $83.7 million Cost of services and product
Consolidated Communications (NASDAQ:CNSL) (the "Company") will release its first quarter 2024 financial results on Tuesday, May 7 before the market opens. In light of the pending acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, Consolidated will not host an earnings conference call. The Company's first quarter 2024 earnings press release will be available on its investor relations website at https://ir.consolidated.com/. About Consolidated Communications Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) is dedicated to moving people, businesses and communities forward by delivering the most
Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated"), a top 10 fiber provider in the U.S., today reported results for the fourth quarter and full year 2023. Fourth Quarter 2023 Results Revenue totaled $275.2 million Overall consumer revenue was $113.9 million Consumer fiber revenue was $37.9 million Total consumer broadband net adds were 6,998 Consumer broadband revenue was $76.5 million Commercial data services revenue was $54.5 million Carrier data-transport revenue was $31.7 million Net loss was ($58.6 million). Adjusted EBITDA was $86.7 million Total committed capital expenditures were $91.5 million Cost of services a
Consolidated Communications (NASDAQ:CNSL) (the "Company") will release its fourth quarter 2023 financial results on Tuesday, March 5 before the market opens. In light of the pending acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, Consolidated will not host an earnings conference call. The Company's fourth quarter 2023 earnings press release will be available on its investor relations website at https://ir.consolidated.com/. About Consolidated Communications Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) is dedicated to moving people, businesses and communities forward by delivering the m
Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated"), a top 10 fiber provider in the U.S., today reported results for the third quarter of 2023. Third Quarter 2023 Results Revenue totaled $283.7 million Overall consumer revenue was $115.2 million Consumer fiber revenue was $34.0 million Total consumer broadband net adds were 9,392 Consumer broadband revenue was $75.1 million Commercial data services revenue was $53.9 million Carrier data-transport revenue was $31.4 million Other products and services revenue was $10.0 million Net loss was ($69.2 million). Adjusted EBITDA was $80.2 million Total committed capital expenditu
Consolidated Communications Shareholders to Receive $4.70 Per Share in Cash, Representing 70% Premium for Shareholders Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) ("Consolidated Communications" or the "Company"), a top 10 fiber provider in the United States, today announced that it has entered into a definitive agreement (the "Agreement") to be acquired by affiliates of Searchlight Capital Partners, L.P. ("Searchlight") and British Columbia Investment Management Corporation ("BCI") in an all-cash transaction with an enterprise value of approximately $3.1 billion, including the assumption of debt. Searchlight, in the aggregate, is currently the beneficial owner of approximat
Added 18,651 fiber net adds, an increase from 9,643 fiber net adds a year ago Grew consumer fiber broadband revenue 58%1 and increased ARPU 5.1% Upgraded 57,438 locations to fiber Gigabit+ speeds; FttP coverage to approach approximately 50% of addressable market by year end Entered agreement to sell non-core Washington assets for gross proceeds of $73 million Announced business simplification and cost cutting initiatives that are expected to generate annualized cost savings of more than $30 million Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated"), a top 10 fiber provider in the U.S., today reported results for the second quarter of 2
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Citigroup downgraded Consolidated Comms from Neutral to Sell and set a new price target of $5.00
Citigroup upgraded Consolidated Comms Hldgs from Sell to Neutral and set a new price target of $5.00 from $4.00 previously
Wells Fargo downgraded Consolidated Comms Hldgs from Overweight to Equal-Weight and set a new price target of $6.00 from $9.00 previously
Citigroup downgraded Consolidated Comms Hldgs from Neutral to Sell and set a new price target of $4.00 from $8.00 previously
Citigroup upgraded Consolidated Comms Hldgs from Sell to Neutral
Citigroup upgraded Consolidated Comms from Sell to Neutral and set a new price target of $8.00
Citigroup downgraded Consolidated Comms from Neutral to Sell and set a new price target of $8.00
Citigroup downgraded Consolidated Comms Hldgs from Neutral to Sell
Citigroup upgraded Consolidated Comms from Sell to Neutral
Citigroup downgraded Consolidated Comms from Neutral to Sell and set a new price target of $8.00 from $7.50 previously
Consolidated Comms Hldgs (NASDAQ:CNSL) reported quarterly losses of $(0.27) per share which beat the analyst consensus estimate of $(0.43) by 37.21 percent. The company reported quarterly sales of $274.675 million which beat the analyst consensus estimate of $274.596 million by 0.03 percent. This is a 0.53 percent decrease over sales of $276.126 million the same period last year.
U.S. stocks traded lower toward the end of trading, with the Dow Jones falling around 350 points on Tuesday. The Dow traded down 0.91% to 38,633.24 while the NASDAQ fell 1.85% to 15,906.92. The S&P 500 also fell, dropping, 1.05% to 5,076.98. Check This Out: Jim Cramer: This Semiconductor Company Is 'Too Late To Auto,' But Super Micro Is 'Too Hot' Leading and Lagging Sectors Energy shares rose by 1.3% on Tuesday. In trading on Tuesday, information technology shares fell by 2.2%. Top Headline Consolidated Communications Holdings Inc (NASDAQ:CNSL) posted a narrower-than-expected loss for its fourth quarter. The company reported a fourth-quarter fiscal 2023 revenue decline
Consolidated Communications Holdings Inc (NASDAQ:CNSL) reported a fourth-quarter fiscal 2023 revenue decline of 7.0% year-on-year to $275.2 million, missing the analyst consensus of $276.9 million. Adjusted EPS loss of $(0.26) beat the analyst consensus loss of $(0.36). Revenue from the Consumer segment declined 1.2% Y/Y to $ 113.85 million as growth in Broadband was offset by a decline in Voice and Video services. Due to Data and Voice services decline, Commercial segment revenue decreased 5.4% Y/Y to $96.21 million. Carrier segment revenue declined 7.8% Y/Y to $34.82 million due to Data and Voice services decline. Adjusted EBITDA declined 14.7% Y/Y to $86.7 million. The marg
Consolidated Comms Hldgs (NASDAQ:CNSL) reported quarterly adjusted losses of $(0.26) per share which beat the analyst consensus estimate of $(0.36) by 27.78 percent. This is a 62.5 percent decrease over losses of $(0.16) per share from the same period last year. The company reported quarterly sales of $275.18 million which missed the analyst consensus estimate of $276.94 million by 0.64 percent. This is a 7.03 percent decrease over sales of $295.98 million the same period last year.
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Consolidated Comms Hldgs (NASDAQ:CNSL) is set to give its latest quarterly earnings report on Tuesday, 2024-03-05. Here's what investors need to know before the announcement. Analysts estimate that Consolidated Comms Hldgs will report an earnings per share (EPS) of $-0.36. Consolidated Comms Hldgs bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company beat EPS by $0.06, which was follo
Mails Letter to Shareholders Reiterating that Shareholders Should Vote "FOR" the Value Maximizing Transaction TODAYConsolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated"), filed an investor presentation with the U.S. Securities and Exchange Commission ("SEC") on January 10, 2024 in connection with the Company's upcoming special meeting of shareholders (the "Special Meeting") on January 31, 2024. The presentation is available on the Company's investor relations website at https://ir.consolidated.com/.The Company urges its shareholders to vote "FOR" the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. ("Searchlight") and
Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated"), has mailed a letter to its shareholders in connection with its upcoming special meeting of shareholders (the "Special Meeting") urging its shareholders to vote "FOR" the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. ("Searchlight") and British Columbia Investment Management Corporation ("BCI") (the "Proposed Transaction"). The Special Meeting is scheduled to be held on January 31, 2024. Shareholders of record as of December 13, 2023, are entitled to vote at the Special Meeting.The full text of the letter mailed to shareholders follows:December 27, 2023Dear Fel
Urges Shareholders to Protect Their Investments by Voting FOR the Proposed TransactionConsolidated Communications Holdings, Inc. (NASDAQ:CNSL) (the "Company" or "Consolidated"), a top 10 fiber provider in the U.S., today announced that it has filed its definitive proxy statement. The Company has also filed a letter to shareholders in connection with its upcoming special meeting of shareholders (the "Special Meeting") urging shareholders to vote "FOR" the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. ("Searchlight") and British Columbia Investment Management Corporation ("BCI") (the "Proposed Transaction"). The Special Meeting is scheduled to be held
Consolidated Comms Hldgs (NASDAQ:CNSL) reported quarterly losses of $(0.61) per share. This is a 369.23 percent decrease over losses of $(0.13) per share from the same period last year. The company reported quarterly sales of $283.65 million which beat the analyst consensus estimate of $274.23 million by 3.44 percent. This is a 4.37 percent decrease over sales of $296.62 million the same period last year.