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

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$55.95 +0.50 (+0.90 %)
(As of 09/25/2018 04:00 PM ET)
Previous Close$55.45
Today's Range$55.25 - $56.20
52-Week Range$35.75 - $57.65
Volume206,400 shs
Average Volume259,403 shs
Market Capitalization$2.55 billion
P/E Ratio145.79
Dividend Yield3.94%
Beta0.6
Cogent Communications logoCogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access and Internet protocol communications services primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations in North America, Europe, and Asia. The company offers on-net Internet access services to bandwidth-intensive users, such as universities, other Internet service providers, telephone companies, cable television companies, Web hosting companies, content delivery network companies, and commercial content and application service providers; and to corporate customers located in multi-tenant office buildings, including law firms, financial services firms, advertising and marketing firms, and other professional services businesses. It also provides its 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 the company's network, as well as offers voice services. The company operates 53 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

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

Debt

Debt-to-Equity Ratio-6.22
Current Ratio3.96
Quick Ratio3.96

Price-To-Earnings

Trailing P/E Ratio145.79
Forward P/E Ratio84.77
P/E Growth8.36

Sales & Book Value

Annual Sales$485.17 million
Price / Sales5.36
Cash Flow$2.0963 per share
Price / Cash26.69
Book Value($2.23) per share
Price / Book-25.09

Profitability

EPS (Most Recent Fiscal Year)$0.38
Net Income$5.87 million
Net Margins2.13%
Return on Equity-22.38%
Return on Assets3.09%

Miscellaneous

Employees928
Outstanding Shares46,450,000
Market Cap$2.55 billion

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, August 1st. Stockholders of record on Friday, August 17th will be paid a dividend of $0.54 per share on Friday, August 31st. This represents a $2.16 annualized dividend and a dividend yield of 3.86%. The ex-dividend date of this dividend is Thursday, August 16th. This is a positive change from Cogent Communications's previous quarterly dividend of $0.52. View Cogent Communications' Dividend History.

How were Cogent Communications' earnings last quarter?

Cogent Communications Holdings Inc (NASDAQ:CCOI) posted its quarterly earnings data on Thursday, August, 2nd. The technology company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.04. The technology company had revenue of $129.30 million for the quarter, compared to analysts' expectations of $131.13 million. Cogent Communications had a negative return on equity of 22.38% and a net margin of 2.13%. The company's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.10 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, November, 1st 2018. View Earnings Estimates for Cogent Communications.

What price target have analysts set for CCOI?

12 brokerages have issued 1-year price targets for Cogent Communications' shares. Their forecasts range from $39.00 to $57.00. On average, they expect Cogent Communications' stock price to reach $47.25 in the next twelve months. This suggests that the stock has a possible downside of 15.5%. View Analyst Price Targets for Cogent Communications.

What is the consensus analysts' recommendation for Cogent Communications?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cogent Communications in the last year. There are currently 3 sell ratings, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cogent Communications.

Who are some of Cogent Communications' key competitors?

Who are Cogent Communications' key executives?

Cogent Communications' management team includes the folowing people:
  • Mr. David Schaeffer, Founder, Chairman, CEO & Pres (Age 62)
  • Mr. Thaddeus G. Weed, CFO & Treasurer (Age 57)
  • Mr. Robert N. Beury Jr., Chief Legal Officer, VP, Gen. Counsel & Assistant Sec. (Age 64)
  • Mr. James Bubeck, Chief Revenue Officer & VP of Global Sales (Age 52)
  • Mr. Timothy G. O'Neill, VP of Field Engineering, Construction and Network Operations (Age 62)

Who are Cogent Communications' major shareholders?

Cogent Communications' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (13.83%), Renaissance Technologies LLC (7.08%), Brown Advisory Inc. (4.53%), First Trust Advisors LP (3.98%), Jennison Associates LLC (3.17%) and Dimensional Fund Advisors LP (2.92%). Company insiders that own Cogent Communications stock include Blake Bath, Henry W Kilmer, James Bubeck, 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 major investors are selling Cogent Communications stock?

CCOI stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Jennison Associates LLC, Great West Life Assurance Co. Can, State of New Jersey Common Pension Fund D, Skylands Capital LLC, Frontier Capital Management Co. LLC, First Washington CORP and Fort Washington Investment Advisors Inc. OH. Company insiders that have sold Cogent Communications company stock in the last year include Blake Bath, Henry W Kilmer, James Bubeck, 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 major investors are buying Cogent Communications stock?

CCOI stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Advisors Asset Management Inc., PNC Financial Services Group Inc., Brown Advisory Inc., Azimuth Capital Management LLC, Engineers Gate Manager LP and Granahan Investment Management Inc. MA. 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 $55.95.

How big of a company is Cogent Communications?

Cogent Communications has a market capitalization of $2.55 billion and generates $485.17 million in revenue each year. The technology company earns $5.87 million in net income (profit) each year or $0.38 on an earnings per share basis. Cogent Communications employs 928 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:  2.5 out of 5 (star star half star)
Outperform Votes:  366 (Vote Outperform)
Underperform Votes:  374 (Vote Underperform)
Total Votes:  740
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 9/25/2018 by MarketBeat.com Staff

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