National Bank Financial Estimates TSE:CCA FY2025 Earnings

Cogeco Communications Inc. (TSE:CCA - Free Report) - Stock analysts at National Bank Financial lowered their FY2025 earnings per share estimates for Cogeco Communications in a research note issued to investors on Wednesday, July 16th. National Bank Financial analyst A. Shine now expects that the company will post earnings per share of $7.82 for the year, down from their previous forecast of $8.01. 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 $7.69 EPS.

Other equities research analysts have also recently issued research reports about the company. Desjardins raised their price objective on Cogeco Communications from C$72.00 to C$74.00 in a report on Thursday, July 10th. Canaccord Genuity Group upped their price objective on Cogeco Communications from C$76.00 to C$77.00 and gave the stock a "buy" rating in a report on Friday, April 11th. Royal Bank Of Canada dropped their price objective on Cogeco Communications from C$75.00 to C$74.00 in a report on Thursday. BMO Capital Markets dropped their price objective on Cogeco Communications from C$80.00 to C$75.00 in a report on Thursday. Finally, Scotiabank dropped their price objective on Cogeco Communications from C$75.50 to C$75.00 and set a "sector perform" rating for the company in a report on Thursday. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of C$77.44.

Cogeco Communications Trading Up 0.8%

Shares of CCA stock traded up C$0.54 during mid-day trading on Friday, hitting C$66.14. 28,122 shares of the company's stock were exchanged, compared to its average volume of 82,810. Cogeco Communications has a fifty-two week low of C$59.10 and a fifty-two week high of C$75.09. The stock has a 50-day simple moving average of C$69.00 and a two-hundred day simple moving average of C$66.77. The company has a quick ratio of 0.49, a current ratio of 0.37 and a debt-to-equity ratio of 159.35. The stock has a market cap of C$2.78 billion, a price-to-earnings ratio of 8.01, a PEG ratio of 4.77 and a beta of 0.59.

Cogeco Communications Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 7th. Investors of record on Wednesday, May 7th were issued a dividend of $0.922 per share. This represents a $3.69 dividend on an annualized basis and a yield of 5.58%. The ex-dividend date of this dividend was Wednesday, April 23rd. Cogeco Communications's payout ratio is 41.40%.

Cogeco Communications Company Profile

Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides residential and business customers with internet, video, and telephony services with broadband fibre networks. The reportable segments of the company are Canadian broadband services and American broadband services.