consolidated communications (nasdaq: cnsl) is a leading broadband and business communications provider serving consumers, businesses of all sizes, and wireless companies and carriers, across a 23-state service area. leveraging its advanced fiber optic network spanning 45,850 fiber route miles, consolidated communications offers a wide range of communications solutions, including: data, voice, video, managed services, cloud computing and wireless backhaul. headquartered in mattoon, ill.,
Company profile
Ticker
CNSL
Exchange
Website
CEO
Charles Udell
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Consolidated Communications Illinois Holdings, Inc.
SEC CIK
Corporate docs
Subsidiaries
Berkshire Cable Corp. • Berkshire Cellular, Inc. • Berkshire New York Access, Inc. • Berkshire Telephone Corporation • C&E Communications, Ltd. • Chautauqua & Erie Communications, Inc. • Chautauqua and Erie Telephone Corporation • Clio Parent, LLC • Consolidated Communications of Comerco Company • Consolidated Communications Enterprise Services, Inc. ...
IRS number
20636095
CNSL stock data
Latest filings (excl ownership)
DEF 14A
Definitive proxy
18 Apr 24
8-K
Entry into a Material Definitive Agreement
26 Mar 24
10-K
2023 FY
Annual report
5 Mar 24
8-K
Consolidated Communications Announces Fourth Quarter and Full Year 2023 Financial Results
5 Mar 24
SC 13E3/A
Going private transaction (amended)
1 Feb 24
8-K
Submission of Matters to a Vote of Security Holders
1 Feb 24
SC 13E3/A
Going private transaction (amended)
24 Jan 24
DEFA14A
Additional proxy soliciting materials
24 Jan 24
DEFA14A
Additional proxy soliciting materials
23 Jan 24
DEFA14A
Additional proxy soliciting materials
22 Jan 24
Transcripts
CNSL
Earnings call transcript
2023 Q2
8 Aug 23
CNSL
Earnings call transcript
2023 Q1
2 May 23
CNSL
Earnings call transcript
2022 Q4
28 Feb 23
CNSL
Earnings call transcript
2022 Q3
1 Nov 22
CNSL
Earnings call transcript
2022 Q2
7 Aug 22
CNSL
Earnings call transcript
2022 Q2
2 Aug 22
CNSL
Earnings call transcript
2022 Q1
8 May 22
CNSL
Earnings call transcript
2021 Q4
3 Mar 22
CNSL
Earnings call transcript
2021 Q3
28 Oct 21
CNSL
Earnings call transcript
2021 Q2
29 Jul 21
Latest ownership filings
SC 13D/A
Searchlight III CVL, L.P.
27 Mar 24
4
Change in insider ownership
11 Mar 24
4
Fred Graffam
11 Mar 24
4
ROGER H/CA MOORE
11 Mar 24
4
C Robert Udell JR
11 Mar 24
4
Solis Michel Marissa
11 Mar 24
4
Maribeth S Rahe
11 Mar 24
4
THOMAS A GERKE
11 Mar 24
4
David G Fuller
11 Mar 24
4
ROBERT J CURREY
11 Mar 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 89.62 mm | 89.62 mm | 89.62 mm | 89.62 mm | 89.62 mm | 89.62 mm |
Cash burn (monthly) | 37.65 mm | 31.04 mm | 22.65 mm | 24.47 mm | (no burn) | (no burn) |
Cash used (since last report) | 259.66 mm | 214.03 mm | 156.17 mm | 168.77 mm | n/a | n/a |
Cash remaining | -170.05 mm | -124.41 mm | -66.56 mm | -79.16 mm | n/a | n/a |
Runway (months of cash) | -4.5 | -4.0 | -2.9 | -3.2 | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 153 |
Opened positions | 20 |
Closed positions | 23 |
Increased positions | 37 |
Reduced positions | 54 |
13F shares | Current |
---|---|
Total value | 325.28 bn |
Total shares | 132.04 mm |
Total puts | 57.55 k |
Total calls | 45.50 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Searchlight Capital Partners | 39.39 mm | $134.73 bn |
Searchlight III CVL | 39.34 mm | $108.58 mm |
BLK Blackrock | 11.33 mm | $38.74 bn |
Vanguard | 6.27 mm | $21.44 bn |
Dimensional Fund Advisors | 3.83 mm | $13.10 bn |
Anchorage Capital Group, L.L.C. | 3.81 mm | $13.04 bn |
Wildcat Capital Management | 3.00 mm | $10.27 bn |
STT State Street | 2.83 mm | $9.67 bn |
Charles Schwab Investment Management | 2.30 mm | $7.87 bn |
Private Advisor | 1.98 mm | $6.77 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
7 Mar 24 | Thomas A Gerke | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 31,627 | 0.00 | 173,679 |
7 Mar 24 | David G Fuller | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 31,627 | 0.00 | 109,746 |
7 Mar 24 | Robert J Currey | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 31,627 | 0.00 | 223,378 |
7 Mar 24 | Maribeth S Rahe | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 31,627 | 0.00 | 203,319 |
7 Mar 24 | Solis Michel Marissa | Common Stock, par value $0.01 per share | Grant | Acquire A | No | No | 0 | 31,627 | 0.00 | 87,658 |
News
Crude Oil Down 1%; Dave Shares Jump After Q4 Results
5 Mar 24
Consolidated Communications Holdings Reports Decline In Q4 Earnings Across Key Segments, Adjusted EBITDA Drops 14.7%
5 Mar 24
Consolidated Comms Hldgs Q4 Adj EPS $(0.26) Beats $(0.36) Estimate, Sales $275.18M Miss $276.94M Estimate
5 Mar 24
Earnings Scheduled For March 5, 2024
5 Mar 24
Consolidated Comms Hldgs's Earnings Outlook
4 Mar 24
Press releases
Consolidated Communications Releases 2023 Environmental, Social and Governance Report
19 Apr 24
Consolidated Communications to Release First Quarter 2024 Earnings on May 7
16 Apr 24
MYBUNDLE SELECTED BY CONSOLIDATED COMMUNICATIONS TO PROVIDE CUSTOMERS WITH MORE TV CHOICES; CONTINUING THEIR STREAMING FUTURE WITH NEW PARTNERSHIP
20 Mar 24
Consolidated Communications Announces Fourth Quarter and Full Year 2023 Financial Results
5 Mar 24
Consolidated Communications to Release Fourth Quarter 2023 Earnings on March 5
14 Feb 24