Cogeco Communications Inc. (TSE:CCA - Free Report) - Stock analysts at Scotiabank dropped their FY2025 earnings per share (EPS) estimates for Cogeco Communications in a research report issued on Tuesday, July 15th. Scotiabank analyst M. Yaghi now anticipates that the company will post earnings per share of $8.01 for the year, down from their prior estimate of $8.35. Scotiabank has a "Sector Perform" rating and a $75.00 price objective on the stock. The consensus estimate for Cogeco Communications' current full-year earnings is $8.49 per share. Scotiabank also issued estimates for Cogeco Communications' FY2026 earnings at $7.83 EPS.
A number of other research firms also recently commented on CCA. National Bankshares set a C$85.00 target price on Cogeco Communications and gave the company an "outperform" rating in a report on Friday, June 6th. Royal Bank Of Canada lowered their target price on Cogeco Communications from C$75.00 to C$74.00 in a report on Thursday. Canaccord Genuity Group upped their target price on Cogeco Communications from C$76.00 to C$77.00 and gave the company a "buy" rating in a report on Friday, April 11th. BMO Capital Markets lowered their target price on Cogeco Communications from C$80.00 to C$75.00 in a report on Thursday. Finally, Desjardins upped their target price on Cogeco Communications from C$72.00 to C$74.00 in a report on Thursday, July 10th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of C$77.44.
Check Out Our Latest Stock Report on CCA
Cogeco Communications Price Performance
Cogeco Communications stock traded up C$0.54 during midday trading on Friday, reaching C$66.14. The company's stock had a trading volume of 28,122 shares, 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 company has a debt-to-equity ratio of 159.35, a quick ratio of 0.49 and a current ratio of 0.37. The stock's 50 day simple moving average is C$69.00 and its 200 day simple moving average is C$66.77. The firm has a market capitalization of C$2.78 billion, a PE ratio of 8.01, a P/E/G ratio of 4.77 and a beta of 0.59.
Cogeco Communications Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Wednesday, May 7th were issued a $0.922 dividend. The ex-dividend date was Wednesday, April 23rd. This represents a $3.69 dividend on an annualized basis and a dividend yield of 5.58%. Cogeco Communications's dividend payout ratio (DPR) is 41.40%.
About Cogeco Communications
(
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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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