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

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$49.07 -0.93 (-1.86 %)
(As of 02/22/2019 01:50 AM ET)
Previous Close$50.00
Today's Range$48.05 - $50.22
52-Week Range$41.11 - $57.65
Volume503,155 shs
Average Volume269,737 shs
Market Capitalization$2.28 billion
P/E Ratio129.13
Dividend Yield4.48%
Beta0.63
Cogent 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

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$485.17 million
Cash Flow$2.0037 per share
Book Value($2.23) per share

Profitability

Net Income$5.87 million

Miscellaneous

Employees928
Market Cap$2.28 billion
Next Earnings DateN/A
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, October 31st. Investors of record on Friday, November 16th will be given a dividend of $0.56 per share on Friday, November 30th. This represents a $2.24 dividend on an annualized basis and a yield of 4.56%. The ex-dividend date of this dividend is Thursday, November 15th. This is a boost from Cogent Communications's previous quarterly dividend of $0.54. View Cogent Communications' Dividend History.

How were Cogent Communications' earnings last quarter?

Cogent Communications Holdings Inc (NASDAQ:CCOI) announced its quarterly earnings data on Thursday, February, 21st. The technology company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.02. The technology company had revenue of $132.05 million for the quarter, compared to analysts' expectations of $132.63 million. Cogent Communications had a negative return on equity of 24.22% and a net margin of 2.99%. The company's quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.14) EPS. View Cogent Communications' Earnings History.

What price target have analysts set for CCOI?

8 brokerages have issued 12 month price objectives for Cogent Communications' stock. Their forecasts range from $42.00 to $57.00. On average, they anticipate Cogent Communications' stock price to reach $49.6667 in the next twelve months. This suggests a possible upside of 1.2% from the stock's current price. 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?

News articles about CCOI stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cogent Communications earned a daily sentiment score of 2.3 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the company's share price in the near future.

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 many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.77%), First Trust Advisors LP (3.72%), Dimensional Fund Advisors LP (2.98%), Brown Advisory Inc. (2.43%), Frontier Capital Management Co. LLC (1.92%) and Bank of New York Mellon Corp (1.74%). 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, Brown Advisory Inc., First Trust Advisors LP, Frontier Capital Management Co. LLC, Skylands Capital LLC, SG Americas Securities LLC, Bank of New York Mellon Corp and United Services Automobile Association. 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 major investors are buying Cogent Communications stock?

CCOI stock was purchased by a variety of institutional investors in the last quarter, including WINTON GROUP Ltd, BlackRock Inc., Millennium Management LLC, State of New Jersey Common Pension Fund D, Hsbc Holdings PLC, Copeland Capital Management LLC, Martingale Asset Management L P and Bessemer Group Inc.. 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 $49.07.

How big of a company is Cogent Communications?

Cogent Communications has a market capitalization of $2.28 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:  2.4 out of 5 (star star)
Outperform Votes:  381 (Vote Outperform)
Underperform Votes:  401 (Vote Underperform)
Total Votes:  782
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 2/22/2019 by MarketBeat.com Staff

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