Cogent Communications Stock Forecast, Price & News

-0.67 (-0.87 %)
(As of 07/26/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume95,523 shs
Average Volume286,223 shs
Market Capitalization$3.63 billion
P/E Ratio224.68
Dividend Yield4.05%
30 days | 90 days | 365 days | Advanced Chart
Receive CCOI News and Ratings via Email

Sign-up to receive the latest news and ratings for Cogent Communications and its competitors with MarketBeat's FREE daily newsletter.

Cogent Communications logo

About Cogent Communications

Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers. It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network. In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network. Further, it operates data centers that allow its customers to collocate their equipment and access the network. The company operates 54 data centers and provides facilities to 2,914 buildings and on-net services to 1,792 to multi-tenant office buildings. It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations. Cogent Communications Holdings, Inc. was founded in 1999 and is headquartered in Washington, the District of Columbia.


See More Headlines

Industry, Sector and Symbol

Sales & Book Value





Social Links


Overall MarketRank

2.05 out of 5 stars

Computer And Technology Sector

161st out of 3,290 stocks

Communication Services, Not Elsewhere Classified Industry

1st out of 70 stocks

Analyst Opinion: 2.4Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.3 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles

Cogent Communications (NASDAQ:CCOI) Frequently Asked Questions

Is Cogent Communications a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cogent Communications in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Cogent Communications stock.
View analyst ratings for Cogent Communications
or view top-rated stocks.

What stocks does MarketBeat like better than Cogent Communications?

Wall Street analysts have given Cogent Communications a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cogent Communications wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Cogent Communications' next earnings date?

Cogent Communications is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Cogent Communications

How can I listen to Cogent Communications' earnings call?

Cogent Communications will be holding an earnings conference call on Thursday, August 5th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "4381464".

How were Cogent Communications' earnings last quarter?

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) released its earnings results on Wednesday, April, 28th. The technology company reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.23. The technology company earned $146.78 million during the quarter, compared to analyst estimates of $144.17 million. Cogent Communications had a net margin of 2.76% and a negative trailing twelve-month return on equity of 17.03%. The business's revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.20 EPS.
View Cogent Communications' earnings history

How has Cogent Communications' stock been impacted by COVID-19?

Cogent Communications' stock was trading at $84.09 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CCOI stock has decreased by 9.2% and is now trading at $76.39.
View which stocks have been most impacted by COVID-19

How often does Cogent Communications pay dividends? What is the dividend yield for Cogent Communications?

Cogent Communications announced a quarterly dividend on Wednesday, April 28th. Shareholders of record on Friday, May 14th will be paid a dividend of $0.78 per share on Friday, May 28th. This represents a $3.12 annualized dividend and a dividend yield of 4.08%. The ex-dividend date of this dividend is Thursday, May 13th. This is an increase from Cogent Communications's previous quarterly dividend of $0.76.
View Cogent Communications' dividend history

Is Cogent Communications a good dividend stock?

Cogent Communications pays an annual dividend of $3.12 per share and currently has a dividend yield of 4.05%. CCOI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Cogent Communications has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Cogent Communications is 410.53%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Cogent Communications will have a dividend payout ratio of 245.67% in the coming year. This indicates that Cogent Communications may not be able to sustain their current dividend.
View Cogent Communications' dividend history.

What price target have analysts set for CCOI?

6 Wall Street analysts have issued twelve-month target prices for Cogent Communications' stock. Their forecasts range from $75.00 to $93.00. On average, they expect Cogent Communications' share price to reach $85.83 in the next twelve months. This suggests a possible upside of 12.4% from the stock's current price.
View analysts' price targets for Cogent Communications
or view top-rated stocks among Wall Street analysts.

Who are Cogent Communications' key executives?

Cogent Communications' management team includes the following people:
  • Mr. David Schaeffer, Founder, Chairman, CEO & Pres (Age 65, Pay $234.85k)
  • Mr. Sean Robert Wallace, VP, CFO & Treasurer (Age 59, Pay $233.33k)
  • Mr. Thaddeus G. Weed, Sr. VP – Audit & Operations (Age 60, Pay $328.23k)
  • Mr. Raymond Brad Kummer, CTO & VP of Optical Transport Engineering (Age 72, Pay $297.61k)
  • Mr. James Bubeck, Chief Revenue Officer & VP of Global Sales (Age 55, Pay $378.08k)
  • Mr. Jean-Michel F.F Slagmuylder, Chief Financial Officer for European Operations (Age 58, Pay $313.58k)
  • Mr. Timothy G. O'Neill, VP of Field Engineering, Construction and Network Operations (Age 65, Pay $317.3k)
  • Mr. John B. Chang, Chief Legal Officer (Age 49)
  • Mr. Vincent Teissier, Director of Bus. Devel. (Age 53)
  • Mr. Ried R. Zulager, Sec.

What is Dave Schaeffer's approval rating as Cogent Communications' CEO?

214 employees have rated Cogent Communications CEO Dave Schaeffer on Dave Schaeffer has an approval rating of 43% among Cogent Communications' employees. This puts Dave Schaeffer in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Cogent Communications' key competitors?

What other stocks do shareholders of Cogent Communications own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cogent Communications investors own include Energy Transfer (ET), Intel (INTC), Dominion Energy (D), Pfizer (PFE), AbbVie (ABBV), Advanced Micro Devices (AMD), Enterprise Products Partners (EPD), NVIDIA (NVDA), Ford Motor (F) and Gilead Sciences (GILD).

What is Cogent Communications' stock symbol?

Cogent Communications trades on the NASDAQ under the ticker symbol "CCOI."

Who are Cogent Communications' major shareholders?

Cogent Communications' stock is owned by many different retail and institutional investors. Top institutional investors include Vaughan Nelson Investment Management L.P. (3.61%), Leith Wheeler Investment Counsel Ltd. (0.18%), State of Alaska Department of Revenue (0.06%), Access Financial Services Inc. (0.05%), 6 Meridian (0.01%) and CHICAGO TRUST Co NA (0.01%). Company insiders that own Cogent Communications stock include Blake Bath, Henry W Kilmer, James Bubeck, John B Chang, Lewis H Ferguson, Marc Montagner, Mariana Garavaglia, Mike Slessor, Raymond B Kummer, Richard Liebhaber, Sean Robert Wallace, Sheryl Lynn Kennedy, Steven D Brooks, Thaddeus Gerard Weed 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 Access Financial Services Inc., and 6 Meridian. Company insiders that have sold Cogent Communications company stock in the last year include Henry W Kilmer, James Bubeck, John B Chang, Lewis H Ferguson, Mariana Garavaglia, Raymond B Kummer, Sean Robert Wallace, Sheryl Lynn Kennedy, Steven D Brooks, and Timothy G Oneill.
View insider buying and selling activity for Cogent Communications
or view top insider-selling stocks.

Which major investors are buying Cogent Communications stock?

CCOI stock was purchased by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., CHICAGO TRUST Co NA, Leith Wheeler Investment Counsel Ltd., and State of Alaska Department of Revenue.
View insider buying and selling activity for Cogent Communications
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cogent Communications' stock price today?

One share of CCOI stock can currently be purchased for approximately $76.39.

How much money does Cogent Communications make?

Cogent Communications has a market capitalization of $3.63 billion and generates $568.10 million in revenue each year. The technology company earns $6.22 million in net income (profit) each year or $0.76 on an earnings per share basis.

How many employees does Cogent Communications have?

Cogent Communications employs 1,083 workers across the globe.

When was Cogent Communications founded?

Cogent Communications was founded in 1999.

What is Cogent Communications' official website?

The official website for Cogent Communications is

Where are Cogent Communications' headquarters?

Cogent Communications is headquartered at 2450 NORTH STREET NW, WASHINGTON DC, 20037.

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]

This page was last updated on 7/26/2021 by Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.