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Cablevision Systems Corp. (NYSE:CVC)‘s stock had its “hold” rating restated by research analysts at JPMorgan Chase & Co. in a report released on Friday, American Banking News reports. They currently have a $17.00 price target on the stock, up from their previous price target of $15.00. JPMorgan Chase & Co.’s price objective points to a potential upside of 1.07% from the company’s current price.

Shares of Cablevision Systems Corp. (NYSE:CVC) opened at 16.87 on Friday. Cablevision Systems Corp. has a 52-week low of $13.88 and a 52-week high of $20.16. The stock has a 50-day moving average of $16. and a 200-day moving average of $16.52. The company has a market cap of $4.515 billion and a P/E ratio of 7.86.

Cablevision Systems Corp. (NYSE:CVC) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.03 by $0.30. The company had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter in the prior year, the company posted ($0.06) earnings per share. The company’s quarterly revenue was up 3.4% on a year-over-year basis. On average, analysts predict that Cablevision Systems Corp. will post $0.65 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, June 13th. Shareholders of record on Friday, May 23rd will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 3.57%. The ex-dividend date is Wednesday, May 21st.

A number of other firms have also recently commented on CVC. Analysts at Northland Securities raised their price target on shares of Cablevision Systems Corp. to $20.00 in a research note on Tuesday, March 4th. They now have a “market perform” rating on the stock. Analysts at National Alliance Securities raised their price target on shares of Cablevision Systems Corp. from $22.03 to $25.05 in a research note on Thursday, February 27th. They now have a “buy” rating on the stock. Four research analysts have rated the stock with a sell rating, eleven have given a hold rating and five have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $18.28.

Cablevision Systems Corporation (NYSE:CVC), through its wholly owned subsidiary CSC Holdings, LLC (CSC Holdings, and collectively with Cablevision) and their subsidiaries operates in the United States based on the number of video customers.

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