Cogeco Communications Inc. (TSE:CCA - Free Report) - Investment analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for shares of Cogeco Communications in a report released on Thursday, December 12th. National Bank Financial analyst A. Shine forecasts that the company will post earnings of $2.13 per share for the quarter. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Cogeco Communications' current full-year earnings is $8.49 per share. National Bank Financial also issued estimates for Cogeco Communications' FY2026 earnings at $8.11 EPS.
Several other equities research analysts have also recently weighed in on CCA. Canaccord Genuity Group raised shares of Cogeco Communications from a "hold" rating to a "buy" rating and upped their price target for the stock from C$65.00 to C$77.00 in a research report on Monday, November 4th. National Bankshares raised Cogeco Communications from a "sector perform" rating to an "outperform" rating and increased their target price for the company from C$64.00 to C$80.00 in a research report on Friday, September 20th. BMO Capital Markets boosted their price target on Cogeco Communications from C$70.00 to C$80.00 in a research report on Monday, November 4th. Royal Bank of Canada raised their price objective on Cogeco Communications from C$76.00 to C$79.00 in a research report on Thursday, October 10th. Finally, TD Securities boosted their target price on shares of Cogeco Communications from C$85.00 to C$89.00 in a report on Monday, November 4th. Five analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of C$75.50.
View Our Latest Analysis on CCA
TSE:CCA opened at C$70.13 on Monday. The company has a debt-to-equity ratio of 142.88, a current ratio of 0.41 and a quick ratio of 0.49. Cogeco Communications has a 1-year low of C$50.82 and a 1-year high of C$75.09. The company has a 50-day moving average of C$70.27 and a 200 day moving average of C$63.41. The firm has a market cap of C$2.10 billion, a PE ratio of 8.95, a price-to-earnings-growth ratio of 4.77 and a beta of 0.59.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 28th. Investors of record on Thursday, November 28th were given a $0.922 dividend. This is a positive change from Cogeco Communications's previous quarterly dividend of $0.85. This represents a $3.69 annualized dividend and a dividend yield of 5.26%. The ex-dividend date of this dividend was Thursday, November 14th. Cogeco Communications's dividend payout ratio (DPR) is presently 43.62%.
In other news, Director Robin Anne Bienenstock acquired 2,156 shares of Cogeco Communications stock in a transaction dated Friday, November 29th. The stock was purchased at an average cost of C$69.66 per share, for a total transaction of C$150,189.33. Also, Director Jacques Royer sold 657 shares of the company's stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of C$68.86, for a total value of C$45,241.02. Following the completion of the sale, the director now owns 1 shares in the company, valued at approximately C$68.86. This represents a 99.85 % decrease in their position. 0.46% of the stock is owned by company insiders.
Cogeco Communications Inc operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider Cogeco Communications, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cogeco Communications wasn't on the list.
While Cogeco Communications currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.