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Optimum Communications, Inc. (OPTU)

Communication Services | Telecom Services | Long Island City, United States | NYSE
0.96 USD +0.08 (8.972%) ⇧ (Oct. 15, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take ↕ | Oct. 10, 2026, 7:25 a.m. EDT

The investment case for Optimum Communications is effectively broken by a catastrophic multi-year decline and deteriorating fundamentals. Over the last eight years, the stock has lost over 90% of its value, with six consecutive years of negative annual returns, signaling a deep structural failure in the business model rather than a temporary market dislocation. Financially, the company is hemorrhaging cash with negative free cash flow, a massive debt load relative to its tiny market cap, and negative book value. The recent news of a $2.88 billion GAAP loss driven by impairments confirms that the core assets are being written down, destroying shareholder equity. While the tender offer provides some liquidity, it does not solve the underlying solvency issues. With no dividend to provide income and a balance sheet that appears fragile, there is no margin of safety here. The options market correctly reflects this pessimism, with heavy betting on further downside. This is a value trap where the low price is justified by the severe impairment of the underlying business.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.154879
AutoETS0.154880
MSTL0.175916
AutoTheta0.379498

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 35%
H-stat 1.26
Ljung-Box p 0.000
Jarque-Bera p 0.392
Excess Kurtosis -0.36
Attribute Value
Sector Communication Services
Ex Dividend Date 2018-06-06
Last Dividend Date 2018-06-06
Revenue per Share 18.056
Market Cap 365,525,856
Forward P/E -0.79
Beta 1.17
Profit Margins -58.15%
Previous Name Altice USA, Inc.
Website https://www.optimum.com

As of Oct. 10, 2026, 7:25 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive put volume and open interest at strikes below the current price ($0.50, $1.00) across nearly all expirations. Call activity is negligible and concentrated at-the-money or out-of-the-money, indicating a lack of bullish conviction. The skew suggests traders expect continued volatility and potential further declines rather than a recovery.


Dividend Data

Dividend History
Date Dividend Yield %
2018-06-07 2.035 11.536282
Additional Data
dividendYield 0.0
exDividendDate 2018-06-07
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
lastDividendValue 2.035
lastDividendDate 2018-06-07

Info Dump

Attribute Value
52 Week Change -0.6008333
Address1 1 Court Square West
All Time High 38.3
All Time Low 0.583
Ask 0.0
Ask Size 200
Audit Risk 10
Average Analyst Rating 3.5 - Hold
Average Daily Volume10 Day 1,712,590
Average Daily Volume3 Month 2,483,387
Average Volume 2,483,387
Average Volume10Days 1,712,590
Beta 1.174
Bid 0.0
Bid Size 300
Board Risk 10
Book Value -14.136
City Long Island City
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 0.9583
Current Ratio 0.319
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 0.9618
Day Low 0.87
Display Name Optimum Communications
Dividend Yield 0.0
Earnings Call Timestamp End 1,786,019,400
Earnings Call Timestamp Start 1,786,019,400
Earnings Timestamp 1,786,019,400
Earnings Timestamp End 1,793,881,800
Earnings Timestamp Start 1,793,881,800
Ebitda 3,023,642,880
Ebitda Margins 0.36081
Enterprise To Ebitda 8.735
Enterprise To Revenue 3.152
Enterprise Value 26,410,792,960
Eps Current Year -2.1
Eps Forward -1.21
Eps Trailing Twelve Months -10.55
Esg Populated 0
Ex Dividend Date 1,528,329,600
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 0.95784
Fifty Day Average Change 0.00045996904
Fifty Day Average Change Percent 0.0004802149
Fifty Two Week Change Percent -60.08333
Fifty Two Week High 2.45
Fifty Two Week High Change -1.4917
Fifty Two Week High Change Percent -0.60885715
Fifty Two Week Low 0.583
Fifty Two Week Low Change 0.3753
Fifty Two Week Low Change Percent 0.6437393
Fifty Two Week Range 0.583 - 2.45
Financial Currency USD
First Trade Date Milliseconds 1,498,138,200,000
Float Shares 277,642,261
Forward Eps -1.21
Forward P E -0.7919834
Free Cashflow -168,709,872
Full Exchange Name NYSE
Full Time Employees 9,500
Fullday Change 0.07889998
Fullday Change Percent 8.972024
Fullday Price 0.9583
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,790,812,800
Gross Margins 0.69896007
Gross Profits 5,857,310,208
Has Pre Post Market Data 1
Held Percent Insiders 0.11324
Held Percent Institutions 0.75238
Implied Shares Outstanding 381,431,560
Industry Telecom Services
Industry Disp Telecom Services
Industry Key telecom-services
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,528,329,600
Last Dividend Value 2.035
Last Fiscal Year End 1,767,139,200
Long Business Summary Optimum Communications, Inc., together with its subsidiaries, provides broadband communications and video services under the Optimum brand in the United States, Canada, Puerto Rico, and the Virgin Islands. It provides broadband, video, telephony, and mobile services to residential and business customers. The company's video services include delivery of broadcast stations and cable networks; over the top services; video-on-demand, high-definition channels, digital video recorder, and pay-per-view services; and video programming services. It also provides voice over Internet protocol telephone services; local, regional, and long-distance calling services; and mobile services, such as data, talk, and text. In addition, the company offers Ethernet, data transport, IP-based virtual private networks, Internet access, and telephony services; hosted telephony services, managed Wi-Fi, managed desktop and server backup, and collaboration services comprising audio and web conferencing; fiber-to-the-tower services to wireless carriers; data services, including wide area networking and dedicated data access, and advanced services comprising wireless mesh networks; and enterprise class telephone services that include traditional multi-line phone service. Further, it provides hosted private branch exchange, technical support, network solutions, security and network access and equipment for SMB customers, and international calling and toll-free numbers services. Additionally, the company offers audience-based and multiscreen advertising solutions; news programming services; and data analytics, as well as operates news channels under the News 12 Networks names. Optimum Communications, Inc. was formerly known as Altice USA, Inc. and change its name to Optimum Communications, Inc. in November 2025. The company was incorporated in 2015 and is headquartered in Long Island City, New York.
Market us_market
Market Cap 365,525,856
Market State PRE
Max Age 86,400
Message Board Id finmb_25933
Most Recent Quarter 1,782,777,600
Name Change Date 2,026-10-16
Net Income To Common -4,879,761,920
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 389,060,190
Number Of Analyst Opinions 10
Open 0.8855
Operating Cashflow 1,027,417,984
Operating Margins 0.09093001
Overall Risk 10
Payout Ratio 0.0
Peg Ratio 1.06
Phone 516 803 2300
Prev Name Altice USA, Inc.
Previous Close 0.8794
Price Eps Current Year -0.45633334
Price Hint 4
Price To Book -0.067791454
Price To Sales Trailing12 Months 0.04361856
Profit Margins -0.58149
Quick Ratio 0.265
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key hold
Recommendation Mean 3.46154
Region US
Regular Market Change 0.0789
Regular Market Change Percent 8.97202
Regular Market Day High 0.9618
Regular Market Day Low 0.87
Regular Market Day Range 0.87 - 0.9618
Regular Market Open 0.8855
Regular Market Previous Close 0.8794
Regular Market Price 0.9583
Regular Market Time 1,792,094,403
Regular Market Volume 1,856,923
Return On Assets 0.028080001
Revenue Growth -0.058
Revenue Per Share 18.056
Sand P52 Week Change 0.16207206
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Share Holder Rights Risk 9
Shares Outstanding 272,565,547
Shares Percent Shares Out 0.0696
Shares Short 26,530,043
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 28,253,573
Short Name Optimum Communications, Inc.
Short Percent Of Float 0.3568
Short Ratio 12.76
Source Interval 15
State NY
Symbol OPTU
Target High Price 2.0
Target Low Price 0.5
Target Mean Price 1.05
Target Median Price 0.95
Total Cash 1,296,269,952
Total Cash Per Share 3.302
Total Debt 26,783,623,168
Total Revenue 8,380,052,992
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -10.55
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.23912
Two Hundred Day Average Change -0.28082
Two Hundred Day Average Change Percent -0.22662859
Type Disp Equity
Volume 1,856,923
Website https://www.optimum.com
Zip 11,101