FY2025 EPS Estimates for TSE:CCA Decreased by Analyst

Cogeco Communications Inc. (TSE:CCA - Free Report) - Analysts at National Bank Financial decreased their FY2025 earnings per share (EPS) estimates for Cogeco Communications in a research note issued on Wednesday, July 16th. National Bank Financial analyst A. Shine now forecasts that the company will earn $7.82 per share for the year, down from their prior estimate 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.

Several other equities research analysts have also issued reports on the stock. Scotiabank lowered their target price on shares of Cogeco Communications from C$75.50 to C$75.00 and set a "sector perform" rating on the stock in a research note on Thursday. Canaccord Genuity Group raised their price target on shares of Cogeco Communications from C$76.00 to C$77.00 and gave the stock a "buy" rating in a report on Friday, April 11th. BMO Capital Markets cut their price target on shares of Cogeco Communications from C$80.00 to C$75.00 in a report on Thursday. Royal Bank Of Canada lowered their price objective on shares of Cogeco Communications from C$75.00 to C$74.00 in a research report on Thursday. Finally, National Bankshares set a C$85.00 price target on shares of Cogeco Communications and gave the company an "outperform" rating in a research report on Friday, June 6th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$77.44.

Cogeco Communications Stock Up 0.8%

Shares of CCA stock traded up C$0.55 during trading hours on Friday, reaching C$66.99. 17,696 shares of the company's stock were exchanged, compared to its average volume of 82,422. Cogeco Communications has a fifty-two week low of C$59.10 and a fifty-two week high of C$75.09. The company has a current ratio of 0.37, a quick ratio of 0.49 and a debt-to-equity ratio of 159.35. The company has a market cap of C$2.82 billion, a price-to-earnings ratio of 8.11, a P/E/G ratio of 4.77 and a beta of 0.59. The stock's 50 day moving average is C$69.07 and its 200-day moving average is C$66.80.

Cogeco Communications Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Wednesday, May 7th were paid a $0.922 dividend. The ex-dividend date was Wednesday, April 23rd. This represents a $3.69 dividend on an annualized basis and a yield of 5.51%. Cogeco Communications's dividend payout ratio is presently 41.40%.

About Cogeco Communications

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.

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