TSE:CCA Q3 EPS Estimate Lowered by National Bank Financial

Cogeco Communications Inc. (TSE:CCA - Free Report) - Equities researchers at National Bank Financial reduced their Q3 2025 EPS estimates for shares of Cogeco Communications in a research note issued on Monday, June 2nd. National Bank Financial analyst A. Shine now forecasts that the company will post earnings of $1.94 per share for the quarter, down from their previous forecast of $2.19. The consensus estimate for Cogeco Communications' current full-year earnings is $8.49 per share. National Bank Financial also issued estimates for Cogeco Communications' FY2025 earnings at $8.01 EPS and FY2026 earnings at $7.92 EPS.

Several other equities analysts have also recently issued reports on the company. Scotiabank set a C$75.00 price target on Cogeco Communications and gave the company a "sector perform" rating in a research report on Thursday, April 17th. Canaccord Genuity Group lifted their target price on Cogeco Communications from C$76.00 to C$77.00 and gave the company a "buy" rating in a research note on Friday, April 11th. Finally, Royal Bank of Canada upped their price target on Cogeco Communications from C$77.00 to C$78.00 and gave the stock a "sector perform" rating in a research note on Wednesday, April 9th. Three analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of C$76.10.

Cogeco Communications Stock Performance

Shares of Cogeco Communications stock traded up C$0.06 on Wednesday, hitting C$68.64. The stock had a trading volume of 22,864 shares, compared to its average volume of 89,577. The stock has a market cap of C$2.88 billion, a price-to-earnings ratio of 8.31, a P/E/G ratio of 4.77 and a beta of 0.59. Cogeco Communications has a 52-week low of C$50.82 and a 52-week high of C$75.09. The company's 50 day moving average price is C$67.04 and its 200 day moving average price is C$66.66. The company has a current ratio of 0.37, a quick ratio of 0.49 and a debt-to-equity ratio of 159.35.

Cogeco Communications Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Wednesday, May 7th were issued a $0.922 dividend. The ex-dividend date of this dividend was Wednesday, April 23rd. This represents a $3.69 dividend on an annualized basis and a yield of 5.37%. Cogeco Communications's dividend payout ratio is currently 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.