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

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$57.78 +0.62 (+1.08 %)
(As of 05/26/2019 04:00 PM ET)
Previous Close$57.78
Today's Range$57.21 - $58.17
52-Week Range$42.40 - $58.72
Volume239,001 shs
Average Volume257,213 shs
Market Capitalization$2.68 billion
P/E Ratio91.71
Dividend Yield4.20%
Beta0.7
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. It also provides 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 its network, as well as offers voice services. The company operates 52 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$520.19 million
Cash Flow$2.3896 per share
Book Value($3.54) per share

Profitability

Net Income$28.67 million

Miscellaneous

Employees974
Market Cap$2.68 billion
Next Earnings Date8/1/2019 (Estimated)
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, May 1st. Investors of record on Friday, May 17th will be paid a dividend of $0.60 per share on Friday, May 31st. This represents a $2.40 annualized dividend and a yield of 4.15%. The ex-dividend date of this dividend is Thursday, May 16th. This is a boost from Cogent Communications's previous quarterly dividend of $0.58. View Cogent Communications' Dividend History.

How were Cogent Communications' earnings last quarter?

Cogent Communications Holdings Inc (NASDAQ:CCOI) issued its earnings results on Thursday, May, 2nd. The technology company reported $0.20 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.01. The technology company had revenue of $134.20 million for the quarter, compared to the consensus estimate of $135.21 million. Cogent Communications had a negative return on equity of 22.47% and a net margin of 5.92%. The firm's revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.15 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, August 1st 2019. View Earnings Estimates for Cogent Communications.

What price target have analysts set for CCOI?

9 equities research analysts have issued 1-year price targets for Cogent Communications' stock. Their forecasts range from $42.00 to $57.00. On average, they expect Cogent Communications' stock price to reach $50.00 in the next twelve months. This suggests that the stock has a possible downside of 13.5%. View Analyst Price Targets for Cogent Communications.

What is the consensus analysts' recommendation for Cogent Communications?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cogent Communications in the last year. There are currently 1 sell rating, 7 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?

Headlines about CCOI stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cogent Communications earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned media stories about the technology company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

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 institutional and retail investors. Top institutional investors include BlackRock Inc. (14.50%), Renaissance Technologies LLC (7.28%), First Trust Advisors LP (3.85%), FMR LLC (3.21%), Dimensional Fund Advisors LP (3.00%) and MIG Capital LLC (2.13%). 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 Jennison Associates LLC, Morgan Stanley, BlackRock Inc., Fort Washington Investment Advisors Inc. OH, Frontier Capital Management Co. LLC, Renaissance Technologies LLC, Hsbc Holdings PLC and MERIAN GLOBAL INVESTORS UK Ltd. 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, 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 bought by a variety of institutional investors in the last quarter, including FMR LLC, Goldman Sachs Group Inc., TimesSquare Capital Management LLC, Charles Schwab Investment Management Inc., JPMorgan Chase & Co., MIG Capital LLC, SEI Investments Co and Copeland Capital Management LLC. 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 $57.78.

How big of a company is Cogent Communications?

Cogent Communications has a market capitalization of $2.68 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.

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:  395 (Vote Outperform)
Underperform Votes:  417 (Vote Underperform)
Total Votes:  812
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 5/26/2019 by MarketBeat.com Staff

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