Cable One (CABO)
Runs Sparklight broadband in small-city and non-metropolitan markets.
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Sells residential data, business data, video, and voice services under Sparklight, with revenue centered on broadband rather than traditional video. Operates as one reportable segment across mostly smaller United States markets where network capacity, local competition, and broadband regulation shape the business.
Provides residential data, business data, video, and voice services through fiber-rich broadband networks under the Sparklight brand. Residential and business data drive the model, while residential video remains available but is de-emphasized as streaming alternatives pressure demand and programming costs.
Serves small-city and non-metropolitan markets across Western, Midwestern, and Southern states. The operating model favors local market focus, cost discipline, unified Sparklight branding, network capacity upgrades, and customer-experience tools.
Competition comes from telephone, fiber, wireless internet, municipal, cooperative, and over-the-top video providers. Federal, state, and local broadband rules, state net-neutrality laws, and public broadband-subsidy programs shape deployment economics.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 7, 2026 | Williams Trading | Target | Target: — | Target: $86 |
| Jul 14, 2026 | Exane BNP Paribas | Upgrade | ||
| Jul 14, 2026 | BNP Paribas | Upgrade | Target: $80 | Target: $40 |
| Feb 24, 2026 | BNP Paribas | Target | Target: — | Target: $80 |
| May 2, 2025 | Keybanc | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $166.2M · Total debt $3.05B · Total assets $4.62B · Shareholders' equity $326.4M
- Revenue
- $348.9M
- Operating income
- −$524.9M
- Net income
- −$1.16B
HistoryDividendAnnual yield
| Institutions | 98.70% | 5.60M shares | |
|---|---|---|---|
| 156 holders · as of Jun 30, 2026 | |||
| Insiders | 1.85% | 105.0K shares | |
| 14 holders · as of Aug 4, 2026 | |||
| Adds to | 100.55% | ||
5.67M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
These groups come from separate filings that can overlap, so they add to 100.55%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
D. E. Shaw & Co., Inc.Institution | 8.42% | 477,500 | as of Jun 30, 2026 |
Private Management Group IncInstitution | 8.32% | 471,990 | as of Jun 30, 2026 |
Burgundy Asset Management Ltd.Institution | 7.97% | 451,960 | filed Feb 12, 2026 |
BlackRock, Inc.Institution | 7.84% | 444,925 | as of Jun 30, 2026 |
Bank of Montreal /Can/Institution | 7.70% | 436,747 | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Mar 3, 2026 | Todd M. Koetje | officer: Chief Financial Officer | +998 | $100.16 |
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CompareAfter hours
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Cable One | $17.00 | +0.38% | $102.2M | — | 1.0 | 0.1 | −8.4% |
| Charter Communications | $117.70 | +0.36% | $16.62B | 3.2 | 2.7 | 0.3 | −1.7% |
| Comcast | $22.47 | +0.20% | $81.37B | 7.4 | 6.5 | 0.7 | −1.2% |
| T-Mobile | $162.65 | +0.17% | $177.28B | 17.3 | 12.9 | 1.9 | +7.9% |
| Verizon | $46.57 | +0.24% | $199.09B | 12.4 | 9.1 | 1.4 | −0.7% |
| AT&T | $25.13 | 0.00% | $174.53B | 8.5 | 10.4 | 1.4 | +2.3% |
| Optimum Communications | $1.13 | −0.44% | $507.3M | — | — | 0.1 | −5.8% |
| Lumen Technologies | $6.42 | +0.41% | $6.66B | — | — | 0.6 | −9.3% |
| TDS | $36.69 | +0.04% | $3.90B | 8.8 | 107.4 | 3.1 | −73.9% |
| Median | 8.6 | 9.8 | 1.0 | −1.5% |