NASDAQ:CCOI - Cogent Communications Stock Price, Price Target & More

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$54.30 +0.20 (+0.37 %)
(As of 07/18/2018 06:52 AM ET)
Previous Close$54.10
Today's Range$53.85 - $54.85
52-Week Range$35.75 - $57.65
Volume153,400 shs
Average Volume218,524 shs
Market Capitalization$2.50 billion
P/E Ratio142.89
Dividend Yield3.84%
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


Debt-to-Equity Ratio-7.33
Current Ratio4.13
Quick Ratio4.13


Trailing P/E Ratio142.89
Forward P/E Ratio74.38
P/E Growth7.45

Sales & Book Value

Annual Sales$485.17 million
Price / Sales5.18
Cash Flow$2.0607 per share
Price / Cash26.35
Book Value($2.23) per share
Price / Book-24.35


EPS (Most Recent Fiscal Year)$0.38
Net Income$5.87 million
Net Margins1.72%
Return on Equity-22.60%
Return on Assets2.74%


Outstanding Shares46,290,000
Market Cap$2,504.39

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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 announced a quarterly dividend on Friday, May 4th. Shareholders of record on Thursday, May 17th will be given a dividend of $0.52 per share on Friday, June 1st. This represents a $2.08 annualized dividend and a dividend yield of 3.83%. The ex-dividend date of this dividend is Wednesday, May 16th. This is a boost from Cogent Communications's previous quarterly dividend of $0.50. View Cogent Communications' Dividend History.

How were Cogent Communications' earnings last quarter?

Cogent Communications Holdings Inc (NASDAQ:CCOI) issued its quarterly earnings results on Thursday, May, 3rd. The technology company reported $0.15 EPS for the quarter, meeting the Zacks' consensus estimate of $0.15. The technology company had revenue of $128.70 million for the quarter, compared to the consensus estimate of $127.88 million. Cogent Communications had a negative return on equity of 22.60% and a net margin of 1.72%. The firm's revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.09 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 Wednesday, August, 1st 2018. View Earnings Estimates for Cogent Communications.

What price target have analysts set for CCOI?

14 analysts have issued 12-month price targets for Cogent Communications' shares. Their predictions range from $29.00 to $57.00. On average, they expect Cogent Communications' share price to reach $45.10 in the next year. This suggests that the stock has a possible downside of 16.9%. View Analyst Ratings for Cogent Communications.

What is the consensus analysts' recommendation for Cogent Communications?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cogent Communications in the last year. There are currently 4 sell ratings, 8 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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 & Network Operations (Age 62)

Has Cogent Communications been receiving favorable news coverage?

News stories about CCOI stock have trended somewhat positive this week, Accern reports. The research group identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Cogent Communications earned a media sentiment score of 0.22 on Accern's scale. They also gave media coverage about the technology company an impact score of 46.10 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are Cogent Communications' major shareholders?

Cogent Communications' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.07%), Xact Kapitalforvaltning AB (0.02%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Cogent Communications stock include 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 Bank of Montreal Can and Fox Run Management L.L.C.. Company insiders that have sold Cogent Communications company stock in the last year include 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 purchased by a variety of institutional investors in the last quarter, including Xact Kapitalforvaltning AB. 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 $54.30.

How big of a company is Cogent Communications?

Cogent Communications has a market capitalization of $2.50 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.

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:  347 (Vote Outperform)
Underperform Votes:  352 (Vote Underperform)
Total Votes:  699
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 7/18/2018 by Staff

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