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

$58.86
-0.12 (-0.20 %)
(As of 06/19/2019 10:55 AM ET)
Today's Range
$58.77
Now: $58.86
$59.27
50-Day Range
$54.94
MA: $57.94
$61.33
52-Week Range
$42.40
Now: $58.86
$61.43
Volume887 shs
Average Volume226,716 shs
Market Capitalization$2.73 billion
P/E Ratio93.46
Dividend Yield4.09%
Beta0.57
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. Read More…

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$2.4074 per share
Book Value($3.21) per share

Profitability

Net Income$28.67 million

Miscellaneous

Employees974
Market Cap$2.73 billion
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable

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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, May 1st. Investors of record on Friday, May 17th will be paid a dividend of $0.60 per share on Friday, May 31st. This represents a $2.40 annualized dividend and a yield of 4.08%. The ex-dividend date is Thursday, May 16th. This is a positive change from Cogent Communications's previous quarterly dividend of $0.58. View Cogent Communications' Dividend History.

How were Cogent Communications' earnings last quarter?

Cogent Communications Holdings Inc (NASDAQ:CCOI) posted its earnings results on Thursday, May, 2nd. The technology company reported $0.20 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.19 by $0.01. The technology company earned $134.20 million during the quarter, compared to analyst estimates of $135.21 million. Cogent Communications had a net margin of 5.92% and a negative return on equity of 22.47%. Cogent Communications's revenue was up 4.3% compared to the same quarter last year. During the same period last year, the business earned $0.15 EPS. 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, August 1st 2019. View Earnings Estimates for Cogent Communications.

What price target have analysts set for CCOI?

10 equities research analysts have issued twelve-month price targets for Cogent Communications' stock. Their predictions range from $42.00 to $68.00. On average, they anticipate Cogent Communications' share price to reach $51.8333 in the next year. This suggests that the stock has a possible downside of 12.0%. View Analyst Price Targets for Cogent Communications.

What is the consensus analysts' recommendation for Cogent Communications?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cogent Communications in the last year. There are currently 1 sell rating, 7 hold ratings and 2 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?

News stories about CCOI stock have trended somewhat positive this week, InfoTrie reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cogent Communications earned a daily sentiment score of 1.8 on InfoTrie's scale. They also gave headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for Cogent Communications.

Are investors shorting Cogent Communications?

Cogent Communications saw a decline in short interest in the month of May. As of May 15th, there was short interest totalling 2,394,700 shares, a decline of 9.9% from the April 15th total of 2,658,700 shares. Based on an average daily volume of 250,500 shares, the short-interest ratio is presently 9.6 days. Currently, 5.8% of the shares of the company are sold short. View Cogent Communications' Current Options Chain.

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. (14.50%), First Trust Advisors LP (3.85%), FMR LLC (3.21%), Frontier Capital Management Co. LLC (1.81%), TimesSquare Capital Management LLC (1.51%) and Copeland Capital Management LLC (1.15%). 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 major investors are selling Cogent Communications stock?

CCOI stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, BlackRock Inc., Fort Washington Investment Advisors Inc. OH, Frontier Capital Management Co. LLC, MERIAN GLOBAL INVESTORS UK Ltd, Great Lakes Advisors LLC, Emerald Advisers LLC and Adams Diversified Equity Fund Inc.. 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, 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 FMR LLC, TimesSquare Capital Management LLC, JPMorgan Chase & Co., Copeland Capital Management LLC, SG Americas Securities LLC, First Trust Advisors LP, Tuttle Tactical Management and Rational Advisors LLC. 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 $58.88.

How big of a company is Cogent Communications?

Cogent Communications has a market capitalization of $2.73 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.View Additional Information About Cogent Communications.

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:  402 (Thanks for Voting!)
Underperform Votes:  421 (Thanks for Voting!)
Total Votes:  823
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 6/19/2019 by MarketBeat.com Staff

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