NASDAQ:CCOI - Cogent Communications Stock Price, News, & Analysis

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$52.66 +0.69 (+1.33 %)
(As of 03/26/2019 06:26 AM ET)
Previous Close$51.97
Today's Range$51.73 - $52.78
52-Week Range$41.65 - $57.65
Volume165,200 shs
Average Volume269,925 shs
Market Capitalization$2.44 billion
P/E Ratio82.49
Dividend Yield4.46%
Beta0.69
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations in North America, Europe, Asia, Australia, and Brazil. The company offers on-net Internet access and private network services to law firms, financial services firms, advertising and marketing firms, other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, content delivery network companies, and commercial content and application service providers. It also provides on-net services in carrier-neutral data centers, Cogent controlled data centers, and single-tenant office buildings. In addition, the company offers off-net services to businesses that are connected to its network primarily by means of ‘last mile' access service lines obtained from other carriers primarily in the form of metropolitan Ethernet circuits. Further, it provides Internet connectivity to customers that are not located in buildings directly connected to its network, as well as offers voice services. The company operates 52 data centers. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryAlternative Carriers
SectorComputer and Technology
Current SymbolNASDAQ:CCOI
CUSIP19239V30
Phone202-295-4200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$520.19 million
Cash Flow$2.4301 per share
Book Value($3.21) per share

Profitability

Net Income$28.67 million

Miscellaneous

Employees974
Market Cap$2.44 billion
Next Earnings Date5/2/2019 (Estimated)
OptionableOptionable

Cogent Communications (NASDAQ:CCOI) Frequently Asked Questions

What is Cogent Communications' stock symbol?

Cogent Communications trades on the NASDAQ under the ticker symbol "CCOI."

How often does Cogent Communications pay dividends? What is the dividend yield for Cogent Communications?

Cogent Communications declared a quarterly dividend on Wednesday, February 20th. Shareholders of record on Friday, March 8th will be paid a dividend of $0.58 per share on Friday, March 29th. This represents a $2.32 dividend on an annualized basis and a yield of 4.41%. The ex-dividend date is Thursday, March 7th. This is a positive change from Cogent Communications's previous quarterly dividend of $0.56. View Cogent Communications' Dividend History.

How were Cogent Communications' earnings last quarter?

Cogent Communications Holdings Inc (NASDAQ:CCOI) issued its earnings results on Thursday, February, 21st. The technology company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by $0.02. The technology company earned $132.05 million during the quarter, compared to analysts' expectations of $132.63 million. Cogent Communications had a negative return on equity of 23.57% and a net margin of 5.51%. Cogent Communications's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the business earned ($0.14) earnings per share. View Cogent Communications' Earnings History.

When is Cogent Communications' next earnings date?

Cogent Communications is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Cogent Communications.

What price target have analysts set for CCOI?

8 equities research analysts have issued 12-month price targets for Cogent Communications' shares. Their forecasts range from $42.00 to $57.00. On average, they expect Cogent Communications' stock price to reach $50.00 in the next twelve months. This suggests that the stock has a possible downside of 5.1%. View Analyst Price Targets for Cogent Communications.

What is the consensus analysts' recommendation for Cogent Communications?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cogent Communications in the last year. There are currently 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cogent Communications.

Has Cogent Communications been receiving favorable news coverage?

Media stories about CCOI stock have trended extremely negative on Tuesday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cogent Communications earned a daily sentiment score of -4.0 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next several days.

Who are some of Cogent Communications' key competitors?

What other stocks do shareholders of Cogent Communications own?

Who are Cogent Communications' key executives?

Cogent Communications' management team includes the folowing people:
  • Mr. David Schaeffer, Founder, Chairman, CEO & Pres (Age 63)
  • Mr. Thaddeus G. Weed, CFO & Treasurer (Age 58)
  • Mr. Robert N. Beury Jr., Chief Legal Officer, VP, Gen. Counsel & Assistant Sec. (Age 65)
  • Mr. James Bubeck, Chief Revenue Officer & VP of Global Sales (Age 53)
  • Mr. Timothy G. O'Neill, VP of Field Engineering, Construction and Network Operations (Age 63)

Who are Cogent Communications' major shareholders?

Cogent Communications' stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.77%), First Trust Advisors LP (3.72%), Dimensional Fund Advisors LP (2.98%), Brown Advisory Inc. (2.43%), FMR LLC (2.41%) and Frontier Capital Management Co. LLC (1.92%). Company insiders that own Cogent Communications stock include Blake Bath, Henry W Kilmer, James Bubeck, Lewis H Ferguson, Marc Montagner, Raymond B Kummer, Richard Liebhaber, Robert N Beury Jr, Steven D Brooks, Thaddeus Gerard Weed, Tim Weingarten and Timothy G Oneill. View Institutional Ownership Trends for Cogent Communications.

Which institutional investors are selling Cogent Communications stock?

CCOI stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Brown Advisory Inc., First Trust Advisors LP, FMR LLC, Frontier Capital Management Co. LLC, Skylands Capital LLC, SG Americas Securities LLC and Bank of New York Mellon Corp. Company insiders that have sold Cogent Communications company stock in the last year include Blake Bath, Henry W Kilmer, James Bubeck, Lewis H Ferguson, Marc Montagner, Raymond B Kummer, Robert N Beury Jr, Steven D Brooks, Thaddeus Gerard Weed, Tim Weingarten and Timothy G Oneill. View Insider Buying and Selling for Cogent Communications.

Which institutional investors are buying Cogent Communications stock?

CCOI stock was acquired by a variety of institutional investors in the last quarter, including Norges Bank, WINTON GROUP Ltd, BlackRock Inc., Millennium Management LLC, State of New Jersey Common Pension Fund D, Hsbc Holdings PLC, Copeland Capital Management LLC and Martingale Asset Management L P. View Insider Buying and Selling for Cogent Communications.

How do I buy shares of Cogent Communications?

Shares of CCOI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cogent Communications' stock price today?

One share of CCOI stock can currently be purchased for approximately $52.66.

How big of a company is Cogent Communications?

Cogent Communications has a market capitalization of $2.44 billion and generates $520.19 million in revenue each year. The technology company earns $28.67 million in net income (profit) each year or $0.63 on an earnings per share basis. Cogent Communications employs 974 workers across the globe.

What is Cogent Communications' official website?

The official website for Cogent Communications is http://www.cogentco.com.

How can I contact Cogent Communications?

Cogent Communications' mailing address is 2450 NORTH STREET NW, WASHINGTON DC, 20037. The technology company can be reached via phone at 202-295-4200 or via email at [email protected]


MarketBeat Community Rating for Cogent Communications (NASDAQ CCOI)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  388 (Vote Outperform)
Underperform Votes:  407 (Vote Underperform)
Total Votes:  795
MarketBeat's community ratings are surveys of what our community members think about Cogent Communications and other stocks. Vote "Outperform" if you believe CCOI will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CCOI will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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