OTCMKTS:CGEAF Cogeco Communications (CGEAF) Stock Forecast, Price & News $47.83 +0.50 (+1.06%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$47.83▼$47.8350-Day Range$45.35▼$49.9052-Week Range$44.15▼$79.55Volume251 shsAverage Volume781 shsMarket CapitalizationN/AP/E Ratio10.88Dividend Yield2.61%Price Target$87.00 ProfileProfileAnalyst RatingsChartCompetitorsHeadlinesShort InterestProfileAnalyst RatingsChartCompetitorsHeadlinesShort Interest Cogeco Communications MarketRank™ ForecastAnalyst RatingHold2.33 Rating ScoreUpside/Downside81.9% Upside$87.00 Price TargetShort InterestBearishDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.07 out of 5 stars 3.2 Analyst's Opinion Consensus RatingCogeco Communications has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $87.00, Cogeco Communications has a forecasted upside of 81.9% from its current price of $47.83.Amount of Analyst CoverageCogeco Communications has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares ShortedShort Interest Ratio / Days to CoverCogeco Communications has a short interest ratio ("days to cover") of 2254, which indicates bearish sentiment.Change versus previous monthShort interest in Cogeco Communications has recently decreased by 23.55%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldCogeco Communications pays a meaningful dividend of 1.99%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCogeco Communications does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Cogeco Communications is 28.44%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CGEAF. Previous Next 2.1 News and Social Media Coverage News SentimentCogeco Communications has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.47 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Cogeco Communications this week, compared to 1 article on an average week. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cogeco Communications insiders have not sold or bought any company stock.Percentage Held by Institutions41.92% of the stock of Cogeco Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cogeco Communications is 10.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Cogeco Communications is 10.88, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 286.30. Previous Next See Top Rated MarketRank™ Stocks Here About Cogeco Communications (OTCMKTS:CGEAF) StockCogeco Communications, Inc. operates as holding company, which engages communications and media sectors. It operates through the Canadian Broadband Services and American Broadband Services segments. The Canadian Broadband Services segment activities are carried out by Cogeco Connexion in the provinces of Québec and Ontario. The American Broadband Services segment activities are carried out by Breeezeline in 13 states: Delaware, Florida, Maine, Maryland, Massachusetts, New Hampshire, New York, Ohio, Pennsylvania, South Carolina, Virginia and West Virginia.The company was founded by Henri Audet in 1972 and is headquartered in Montreal, Canada.Read More Receive CGEAF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cogeco Communications and its competitors with MarketBeat's FREE daily newsletter. Email Address CGEAF Stock News HeadlinesMay 27, 2023 | ca.finance.yahoo.com3 TSX Stocks With Unbeatable Passive Income and Bargain PricesMay 22, 2023 | americanbankingnews.comCogeco Communications Inc. (OTCMKTS:CGEAF) Given Average Recommendation of "Hold" by BrokeragesJune 2, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>April 25, 2023 | americanbankingnews.comCogeco Communications Inc. (OTCMKTS:CGEAF) Receives $83.57 Average Target Price from BrokeragesApril 20, 2023 | americanbankingnews.comBMO Capital Markets Trims Cogeco Communications (OTCMKTS:CGEAF) Target Price to C$75.00April 20, 2023 | americanbankingnews.comCogeco Communications (OTCMKTS:CGEAF) PT Lowered to C$93.00 at Royal Bank of CanadaApril 20, 2023 | americanbankingnews.comCogeco Communications (OTCMKTS:CGEAF) PT Lowered to C$105.00April 19, 2023 | americanbankingnews.comCogeco Communications (OTCMKTS:CGEAF) Price Target Cut to C$93.00June 2, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>April 19, 2023 | americanbankingnews.comNational Bank Financial Lowers Cogeco Communications (OTCMKTS:CGEAF) Price Target to C$75.00April 17, 2023 | markets.businessinsider.comScotiabank Reaffirms Their Hold Rating on Cogeco Communications (CGEAF)April 17, 2023 | markets.businessinsider.comAnalysts Offer Insights on Services Companies: Cinemark Holdings (CNK), Cogeco Communications (OtherCGEAF) and AMN Healthcare Services (AMN)April 16, 2023 | americanbankingnews.comCIBC Trims Cogeco Communications (OTCMKTS:CGEAF) Target Price to C$75.00April 14, 2023 | markets.businessinsider.comAnalysts Conflicted on These Services Names: Cogeco Communications (OtherCGEAF), First Advantage (FA) and Warner Bros (WBD)April 8, 2023 | theglobeandmail.comClosing Bell: Cogeco Communications Inc up on Thursday (CCA)April 2, 2023 | americanbankingnews.comCogeco Communications Inc. (OTCMKTS:CGEAF) Receives Consensus Recommendation of "Hold" from AnalystsApril 1, 2023 | americanbankingnews.comCogeco Communications Inc. (OTCMKTS:CGEAF) Sees Significant Growth in Short InterestFebruary 9, 2023 | finance.yahoo.comBreezeline Launches Innovative Streaming Video Service for Local BusinessesJanuary 26, 2023 | finance.yahoo.comBreezeline Introduces Cloud-Based, Integrated Streaming TV Experience in Cleveland and Columbus, OhioJanuary 25, 2023 | finance.yahoo.comCogeco publishes Its Second Climate Action Plan and TCFD ReportJanuary 24, 2023 | finance.yahoo.comBreezeline Puts Focus on Internet Reliability and Speed With New Multi-Media CampaignJanuary 18, 2023 | finance.yahoo.comFor a Fourth Consecutive Year, Cogeco Communications Ranks Among the World's 100 Most Sustainable Corporations According to Corporate KnightsJanuary 16, 2023 | markets.businessinsider.comRBC Capital Reaffirms Their Hold Rating on Cogeco Communications (CGEAF)January 16, 2023 | markets.businessinsider.comNational Bank Reaffirms Their Hold Rating on Cogeco Communications (CGEAF)January 15, 2023 | marketwatch.comCogeco Shares Fall on Lowered 2023 Revenue, Earnings Growth ExpectationsJanuary 14, 2023 | msn.comCogeco Communications reports Q1 earnings; revises FY23 guidanceJanuary 13, 2023 | seekingalpha.comCogeco Communications Inc. (CGEAF) Q1 2023 Earnings Call TranscriptSee More Headlines CGEAF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CGEAF Company Calendar Today6/02/2023Next Earnings (Estimated)7/11/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeOTCMKTS Industry Telecom Services Sub-IndustryN/A SectorBusiness Services Current SymbolOTCMKTS:CGEAF CUSIPN/A CIKN/A Webcorpo.cogeco.com Phone(514) 764-4600FaxN/AEmployees3,854Year FoundedN/APrice Target and Rating Average Stock Price Forecast$87.00 High Stock Price Forecast$111.00 Low Stock Price Forecast$72.00 Forecasted Upside/Downside+81.9%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio10.88 Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A Key ExecutivesPhilippe JettéPresident, Chief Executive Officer & DirectorPatrice OuimetChief Financial Officer & Senior Vice PresidentZouheir MansouratiChief Technology Officer & Senior Vice PresidentLinda C. GillespieChief Human Resources Officer & Senior VPCaroline PaquetPresident-Cogeco MediaKey CompetitorsAltice EuropeOTCMKTS:ALTCYAltice EuropeOTCMKTS:ALLVFAxiata Group BerhadOTCMKTS:AXXTFBezeq The Israel TelecommunicationOTCMKTS:BZQIYBezeq The Israel TelecommunicationOTCMKTS:BZQIFView All Competitors CGEAF Stock - Frequently Asked Questions Should I buy or sell Cogeco Communications stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cogeco Communications in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CGEAF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CGEAF, but not buy additional shares or sell existing shares. View CGEAF analyst ratings or view top-rated stocks. What is Cogeco Communications' stock price forecast for 2023? 6 equities research analysts have issued 1-year price targets for Cogeco Communications' shares. Their CGEAF share price forecasts range from $72.00 to $111.00. On average, they expect the company's stock price to reach $87.00 in the next year. This suggests a possible upside of 81.9% from the stock's current price. View analysts price targets for CGEAF or view top-rated stocks among Wall Street analysts. How have CGEAF shares performed in 2023? Cogeco Communications' stock was trading at $54.64 on January 1st, 2023. Since then, CGEAF stock has decreased by 12.5% and is now trading at $47.8251. View the best growth stocks for 2023 here. Are investors shorting Cogeco Communications? Cogeco Communications saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 676,200 shares, a drop of 23.6% from the April 30th total of 884,500 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is currently 2,254.0 days. View Cogeco Communications' Short Interest. When is Cogeco Communications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 11th 2023. View our CGEAF earnings forecast. Is Cogeco Communications a good dividend stock? Cogeco Communications (OTCMKTS:CGEAF) pays an annual dividend of $1.25 per share and currently has a dividend yield of 1.99%. The dividend payout ratio is 28.44%. This payout ratio is at a healthy, sustainable level, below 75%. What is Cogeco Communications' stock symbol? Cogeco Communications trades on the OTCMKTS under the ticker symbol "CGEAF." How do I buy shares of Cogeco Communications? Shares of CGEAF stock 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 Cogeco Communications' stock price today? One share of CGEAF stock can currently be purchased for approximately $47.83. How many employees does Cogeco Communications have? The company employs 3,854 workers across the globe. How can I contact Cogeco Communications? Cogeco Communications' mailing address is 1 Place Ville Marie, Montréal, QC H3B. The official website for the company is corpo.cogeco.com. The company can be reached via phone at (514) 764-4600. This page (OTCMKTS:CGEAF) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cogeco Communications Inc. 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