Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) Updates On Dividend Release Date

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On 2016-05-06, Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) confirmed the dividend disbursement of $0.387 a share to shareholders as on record 2016-07-15. The firm will release dividend on 2016-08-01 while ex-dividend date is reported to be 2016-07-13.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) paid a total of $0.387 per share in dividends. This figure stood at $0.387 a share in the same period a year ago indicating a deviation of 0%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $24 on the stock. This figure is the average of recommendations offered by 2 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $26 and $22, respectively.

Taking the mathematical rating formula, the price for Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) stands at 3. Earnings Review Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-11-03. For the period ending on 2016-09-30, experts are expecting EPS of $0.15.

Coming to the quarter ending on 2015-12-31, Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) recorded EPS of $0.18. The reported numbers came lower than the analysts’ estimates of $0.17, demonstrating a miss of $0.01 as against reported figures.

Shares of the Consolidated Communications Holdings, Inc. (NASDAQ:CNSL) traded in the range of $25.22 to $25.83 and closed the last trading session at $25.72 on a volume of ((Volume:238}}.

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