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

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$45.61 +0.23 (+0.51 %)
(As of 12/19/2018 07:15 AM ET)
Previous Close$45.38
Today's Range$45.58 - $47.87
52-Week Range$35.75 - $57.65
Volume469,960 shs
Average Volume257,931 shs
Market Capitalization$2.11 billion
P/E Ratio120.03
Dividend Yield4.94%
Beta0.55
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

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

Debt

Debt-to-Equity RatioN/A
Current Ratio4.96
Quick Ratio4.96

Price-To-Earnings

Trailing P/E Ratio120.03
Forward P/E Ratio69.11
P/E Growth8.59

Sales & Book Value

Annual Sales$485.17 million
Price / Sales4.37
Cash Flow$2.0629 per share
Price / Cash Flow22.11
Book Value($2.23) per share
Price / Book-20.45

Profitability

EPS (Most Recent Fiscal Year)$0.38
Net Income$5.87 million
Net Margins2.99%
Return on Equity-24.22%
Return on Assets3.69%

Miscellaneous

Employees928
Outstanding Shares46,470,000
Market Cap$2.11 billion
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 announced a quarterly dividend on Wednesday, October 31st. Investors of record on Friday, November 16th will be paid a dividend of $0.56 per share on Friday, November 30th. This represents a $2.24 annualized dividend and a yield of 4.91%. The ex-dividend date is Thursday, November 15th. This is an increase 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) issued its earnings results on Thursday, November, 1st. The technology company reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.17 by $0.01. The technology company earned $130 million during the quarter, compared to the consensus estimate of $132.09 million. Cogent Communications had a net margin of 2.99% and a negative return on equity of 24.22%. The firm's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.08 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 28th 2019. View Earnings Estimates for Cogent Communications.

What price target have analysts set for CCOI?

8 Wall Street analysts have issued twelve-month price objectives for Cogent Communications' shares. Their forecasts range from $42.00 to $57.00. On average, they expect Cogent Communications' stock price to reach $49.6667 in the next twelve months. This suggests a possible upside of 8.9% 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 coverage about CCOI stock has trended neutral recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring 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 nearest to five being the most favorable. Cogent Communications earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the near term.

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 many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.32%), Vanguard Group Inc. (9.60%), Vanguard Group Inc (9.60%), Renaissance Technologies LLC (7.26%), First Trust Advisors LP (4.36%) and Brown Advisory Inc. (4.04%). 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 institutional investors are selling Cogent Communications stock?

CCOI stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Frontier Capital Management Co. LLC, Great West Life Assurance Co. Can, FMR LLC, Personal Capital Advisors Corp, Jennison Associates LLC, Skylands Capital LLC and American National Insurance Co. TX. 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 institutional investors are buying Cogent Communications stock?

CCOI stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, BlackRock Inc., First Trust Advisors LP, Federated Investors Inc. PA, Moody National Bank Trust Division, Matarin Capital Management LLC, Russell Investments Group Ltd. and Man Group plc. 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 $45.61.

How big of a company is Cogent Communications?

Cogent Communications has a market capitalization of $2.11 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:  378 (Vote Outperform)
Underperform Votes:  390 (Vote Underperform)
Total Votes:  768
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 12/19/2018 by MarketBeat.com Staff

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