OTCMKTS:CGEAF

Cogeco Communications - CGEAF Stock Forecast, Price & News

$45.35

0.00 (0.00%)

(As of 03/27/2023 12:00 AM ET)

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Today's Range: $45.35
▼
$45.35
50-Day Range: $44.15
▼
$58.53
52-Week Range: $44.15
▼
$91.08

Volume: N/A
Average Volume: 884 shs
Market Capitalization: N/A

P/E Ratio: 10.32
Dividend Yield: 2.76%
Price Target: $96.71

Cogeco Communications MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 113.3% Upside
$96.71 Price Target
Short Interest: Bearish
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.67 out of 5 stars

3.2

Analyst's Opinion

Consensus Rating
Cogeco 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/Downside
According to analysts' consensus price target of $96.71, Cogeco Communications has a forecasted upside of 113.3% from its current price of $45.35.
Amount of Analyst Coverage
Cogeco Communications has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Cogeco Communications has a short interest ratio ("days to cover") of 340.5, which indicates bearish sentiment.
Change versus previous month
Short interest in Cogeco Communications has recently increased by 30.33%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
Cogeco Communications pays a meaningful dividend of 1.99%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cogeco Communications does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cogeco Communications is 28.44%. This payout ratio is at a healthy, sustainable level, below 75%.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CGEAF.

0.6

News and Social Media Coverage

News Sentiment
Cogeco Communications has a news sentiment score of -1.00. 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 lower news sentiment than the 0.56 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Cogeco Communications this week, compared to 0 articles on an average week.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cogeco Communications insiders have not sold or bought any company stock.
Percentage Held by Institutions
41.92% of the stock of Cogeco Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cogeco Communications is 10.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.16.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cogeco Communications is 10.32, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 227.85.

See Top Rated MarketRank™ Stocks Here

About Cogeco Communications (OTCMKTS:CGEAF) Stock

Cogeco 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.

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CGEAF Stock News Headlines

February 9, 2023 | finance.yahoo.com

Breezeline Launches Innovative Streaming Video Service for Local Businesses

January 26, 2023 | finance.yahoo.com

Breezeline Introduces Cloud-Based, Integrated Streaming TV Experience in Cleveland and Columbus, Ohio

March 27, 2023 | Tradewins (Ad)

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January 25, 2023 | finance.yahoo.com

Cogeco publishes Its Second Climate Action Plan and TCFD Report

January 24, 2023 | finance.yahoo.com

Breezeline Puts Focus on Internet Reliability and Speed With New Multi-Media Campaign

January 18, 2023 | finance.yahoo.com

For a Fourth Consecutive Year, Cogeco Communications Ranks Among the World's 100 Most Sustainable Corporations According to Corporate Knights

January 16, 2023 | markets.businessinsider.com

RBC Capital Reaffirms Their Hold Rating on Cogeco Communications (CGEAF)

January 16, 2023 | markets.businessinsider.com

National Bank Reaffirms Their Hold Rating on Cogeco Communications (CGEAF)

March 27, 2023 | Tradewins (Ad)

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January 15, 2023 | marketwatch.com

Cogeco Shares Fall on Lowered 2023 Revenue, Earnings Growth Expectations

January 14, 2023 | msn.com

Cogeco Communications reports Q1 earnings; revises FY23 guidance

January 13, 2023 | seekingalpha.com

Cogeco Communications Inc. (CGEAF) Q1 2023 Earnings Call Transcript

January 13, 2023 | finance.yahoo.com

CANADA STOCKS-TSX poised for weekly gains buoyed by gold miners, materials

January 12, 2023 | finance.yahoo.com

Cogeco Communications Releases its Financial Results for the First Quarter of Fiscal 2023

January 11, 2023 | finance.yahoo.com

Reminder: Cogeco Inc. and Cogeco Communications Inc. Annual Shareholders' Meeting for 2022, and the Release of their Financial Results for the First Quarter of Fiscal 2023 and Related Conference Call

January 9, 2023 | technews.tmcnet.com

BCE Q4 2022 results and 2023 guidance to be announced February 2

January 3, 2023 | finance.yahoo.com

Cogeco Communications Inc. (CGEAF)

November 30, 2022 | finance.yahoo.com

Breezeline Continues Fiber Expansion in New Hampshire With Launch of FTTH and "Stream TV" in Durham

November 24, 2022 | ca.finance.yahoo.com

Cogeco Communications Announces Amendment to Its Normal Course Issuer Bid

November 11, 2022 | finance.yahoo.com

Breezeline Spreads Joy to Children in Need Through National Corporate Sponsorship of Toys for Tots® Program

November 10, 2022 | finance.yahoo.com

Breezeline Launches Cloud-Based "Hosted Voice Essential" Phone Service Designed for Small Businesses

October 29, 2022 | seekingalpha.com

Cogeco Communications, Inc. (CGEAF) Q4 2022 Earnings Call Transcript

September 24, 2022 | finance.yahoo.com

Breezeline Employees Plant Trees in Eight States in Support of the Environment and Local Communities

September 15, 2022 | finance.yahoo.com

Cogeco and Cogeco Communications Schedule the Release of their Financial Results for the Fourth Quarter of Fiscal 2022 and Related Conference Call

August 4, 2022 | theglobeandmail.com

Cogeco Communications Inc stock shrank on Tuesday.

August 4, 2022 | finance.yahoo.com

Cogeco Accelerates the Expansion of its High-Speed Internet Network in Ontario in Collaboration with the Ontario Government

July 28, 2022 | theglobeandmail.com

Cogeco Communications Inc stock eased on Tuesday.

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CGEAF Company Calendar

Today: 3/27/2023
Next Earnings (Estimated): 4/11/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Telecom Services
Sub-Industry: N/A
Sector: Business Services
Current Symbol: OTCMKTS:CGEAF
CUSIP: N/A
CIK: N/A
Web: corpo.cogeco.com
Phone: (514) 764-4600
Fax: N/A
Employees: 3,854
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $96.71
High Stock Price Forecast: $135.00
Low Stock Price Forecast: $72.00
Forecasted Upside/Downside: +113.3%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 10.32
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Philippe Jetté
President, Chief Executive Officer & Director

Patrice Ouimet
Chief Financial Officer & Senior Vice President

Zouheir Mansourati
Chief Technology Officer & Senior Vice President

Linda C. Gillespie
Chief Human Resources Officer & Senior VP

Caroline Paquet
President-Cogeco Media

Key Competitors

View All Competitors

CGEAF Stock - Frequently Asked Questions

Should I buy or sell Cogeco Communications stock right now?: 6 Wall Street equities research 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 equities research 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 brokers have issued twelve-month price targets for Cogeco Communications' shares. Their CGEAF share price forecasts range from $72.00 to $135.00. On average, they anticipate the company's share price to reach $96.71 in the next twelve months. This suggests a possible upside of 113.3% 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 at the beginning of the year. Since then, CGEAF stock has decreased by 17.0% and is now trading at $45.35.
View the best growth stocks for 2023 here.
Are investors shorting Cogeco Communications?: Cogeco Communications saw a increase in short interest in March. As of March 15th, there was short interest totaling 272,400 shares, an increase of 30.3% from the February 28th total of 209,000 shares. Based on an average daily trading volume, of 800 shares, the days-to-cover ratio is presently 340.5 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, April 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 $45.35.
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 3/27/2023 by MarketBeat.com Staff

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Cogeco Communications - CGEAF Stock Forecast, Price & News

Cogeco Communications MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Company Ownership

Earnings and Valuation

About Cogeco Communications (OTCMKTS:CGEAF) Stock

CGEAF Stock News Headlines

CGEAF Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CGEAF Stock - Frequently Asked Questions

Overall MarketRank^™