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Cogent Communications Stock Price, Forecast & Analysis (NASDAQ:CCOI)

$63.05
+0.25 (+0.40 %)
(As of 11/18/2019 05:37 AM ET)
Today's Range
$62.79
Now: $63.05
$63.50
50-Day Range
$53.78
MA: $57.62
$64.66
52-Week Range
$42.40
Now: $63.05
$64.91
Volume324,500 shs
Average Volume221,765 shs
Market Capitalization$2.95 billion
P/E Ratio100.08
Dividend Yield3.95%
Beta0.56
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$2.41 per share
Book Value($4.07) per share

Profitability

Net Income$28.67 million

Miscellaneous

Employees974
Market Cap$2.95 billion
Next Earnings Date2/20/2020 (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 Thursday, November 7th. Investors of record on Friday, November 22nd will be given a dividend of $0.64 per share on Monday, December 9th. This represents a $2.56 dividend on an annualized basis and a yield of 4.06%. The ex-dividend date of this dividend is Thursday, November 21st. This is a boost from Cogent Communications's previous quarterly dividend of $0.62. 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, November, 7th. The technology company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.12. The technology company earned $136.94 million during the quarter, compared to analysts' expectations of $136.50 million. Cogent Communications had a negative return on equity of 21.84% and a net margin of 6.91%. The company's quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.18 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, February 20th 2020. View Earnings Estimates for Cogent Communications.

What price target have analysts set for CCOI?

7 brokers have issued 12 month price objectives for Cogent Communications' stock. Their forecasts range from $54.00 to $68.00. On average, they expect Cogent Communications' stock price to reach $62.20 in the next year. This suggests that the stock has a possible downside of 1.3%. View Analyst Price Targets for Cogent Communications.

What is the consensus analysts' recommendation for Cogent Communications?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cogent Communications in the last year. There are currently 6 hold ratings and 1 buy rating 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 coverage about CCOI stock has trended very negative on Monday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 -3.0 on InfoTrie's scale. They also assigned news stories about the technology company a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Cogent Communications.

Are investors shorting Cogent Communications?

Cogent Communications saw a decrease in short interest in the month of October. As of October 15th, there was short interest totalling 1,740,000 shares, a decrease of 5.9% from the September 15th total of 1,850,000 shares. Based on an average daily trading volume, of 293,500 shares, the days-to-cover ratio is presently 5.9 days. Currently, 4.2% of the company's shares are sold short. View Cogent Communications' Current Options Chain.

Who are some of Cogent Communications' key competitors?

Some companies that are related to Cogent Communications include Iridium Communications (IRDM), 8X8 (EGHT), Vonage (VG), ORBCOMM (ORBC) and Towerstream (TWER).

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 shareholders include TimesSquare Capital Management LLC (1.35%), Copeland Capital Management LLC (0.92%), Emerald Advisers LLC (0.68%), Emerald Mutual Fund Advisers Trust (0.67%), Russell Investments Group Ltd. (0.54%) and Rhumbline Advisers (0.30%). Company insiders that own Cogent Communications stock include Blake Bath, Henry W Kilmer, James Bubeck, Lewis H Ferguson, Marc Montagner, Mike Slessor, 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 First Trust Advisors LP, Copeland Capital Management LLC, TimesSquare Capital Management LLC, Skylands Capital LLC, Emerald Advisers LLC, Emerald Mutual Fund Advisers Trust, Nisa Investment Advisors LLC and Dupont Capital Management 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, Mike Slessor, Raymond B Kummer, Richard Liebhaber, Robert N Beury Jr, Thaddeus Gerard Weed and Timothy G Oneill. View Insider Buying and Selling for Cogent Communications.

Which major investors are buying Cogent Communications stock?

CCOI stock was acquired by a variety of institutional investors in the last quarter, including Tibra Equities Europe Ltd, First Quadrant L P CA, California Public Employees Retirement System, SG Americas Securities LLC, State of Alaska Department of Revenue, Great Lakes Advisors LLC, Miracle Mile Advisors LLC and Leith Wheeler Investment Counsel Ltd.. 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, Robinhood, Fidelity and Charles Schwab.

What is Cogent Communications' stock price today?

One share of CCOI stock can currently be purchased for approximately $63.05.

How big of a company is Cogent Communications?

Cogent Communications has a market capitalization of $2.95 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:  428 (Vote Outperform)
Underperform Votes:  459 (Vote Underperform)
Total Votes:  887
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 11/18/2019 by MarketBeat.com Staff

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