Cogeco Communications (CCA) Stock Price, News & Analysis C$57.37 -0.51 (-0.88%) (As of 02:08 PM ET) Add Compare Share Share Today's RangeC$57.24▼C$58.2850-Day RangeC$50.88▼C$63.7052-Week RangeC$50.78▼C$82.03Volume43,262 shsAverage Volume109,939 shsMarket CapitalizationC$1.65 billionP/E Ratio6.62Dividend Yield5.96%Price TargetC$71.03 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesInsider Trades Cogeco Communications MarketRank™ Stock AnalysisAnalyst RatingHold2.11 Rating ScoreUpside/Downside22.6% UpsideC$71.03 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.21Based on 14 Articles This WeekInsider TradingSelling SharesC$18,289 Sold Last QuarterProj. 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.2.60 out of 5 stars 3.1 Analyst's Opinion Consensus RatingCogeco Communications has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 2 buy ratings, 6 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of C$71.03, Cogeco Communications has a forecasted upside of 22.6% from its current price of C$57.94.Amount of Analyst CoverageCogeco Communications has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CCA. Previous Next 2.5 Dividend Strength Dividend LeadershipCogeco Communications is a leading dividend payer. It pays a dividend yield of 5.92%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCogeco Communications does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Cogeco Communications is 39.45%. 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 CCA. Previous Next 2.9 News and Social Media Coverage News SentimentCogeco Communications has a news sentiment score of 0.21. 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 0.34 average news sentiment score of Communication Services companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Cogeco Communications this week, compared to 1 article on an average week.Search Interest5 people have searched for CCA on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.MarketBeat Follows3 people have added Cogeco Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cogeco Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$18,289.00 in company stock.Percentage Held by Insiders37.57% of the stock of Cogeco Communications is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 24.39% of the stock of Cogeco Communications is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cogeco Communications is 6.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.27.Price to Earnings Ratio vs. SectorThe P/E ratio of Cogeco Communications is 6.68, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 332.94.Price to Earnings Growth RatioCogeco Communications has a PEG Ratio of 4.77. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioCogeco Communications has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cogeco Communications Stock (TSE:CCA)Cogeco Communications Inc. operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks. It also provides Internet packages comprising best-in-class managed Wi-Fi and with home Wi-Fi solutions; voice services; and other advanced network connectivity services, such as dedicated fibre, session initiation protocol (SIP) or primary rate interface (PRI) trunking solutions, hosted private branch exchange (HPBX) solutions, and managed business Wi-Fi (MBW) through its long-distance fibre optic systems, advanced hybrid fibre-coaxial (HFC) telecommunications distribution networks, point-to-point fibre networks, and fibre-to-the-home (FTTH) network technologies. In addition, the company offers e-mail solutions and Internet security suite to Internet customers with automatic updates to protect their desktop and mobile devices; and self-installation devices on a rental basis. Further, it provides cable operator services under the Cogeco Connexion name in Québec and Ontario, Canada; and in the United States under the Breezeline brand. The company was formerly known as Cogeco Cable Inc. and changed its name to Cogeco Communications Inc. in January 2016. Cogeco Communications Inc. was founded in 1957 and is headquartered in Montreal, Canada. Cogeco Communications Inc. operates as a subsidiary of Cogeco Inc.Read More CCA Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CCA Stock News HeadlinesDecember 8, 2023 | americanbankingnews.comCogeco Communications (TSE:CCA) PT Lowered to C$70.00December 8, 2023 | americanbankingnews.comCogeco Communications Inc. (TSE:CCA) Receives Consensus Rating of "Hold" from AnalystsDecember 11, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.December 8, 2023 | americanbankingnews.comNational Bank Financial Comments on Cogeco Communications Inc.'s Q1 2024 Earnings (TSE:CCA)December 7, 2023 | americanbankingnews.comCogeco Communications Inc. (TSE:CCA) Forecasted to Post FY2024 Earnings of $7.45 Per ShareDecember 6, 2023 | markets.businessinsider.comCanadian Market Up Marginally After BoC Interest Rate DecisionDecember 5, 2023 | americanbankingnews.comCogeco Communications (TSE:CCA) Price Target Increased to C$92.00 by Analysts at TD SecuritiesNovember 30, 2023 | finance.yahoo.com3800 MHz spectrum auction: Cogeco acquires 99 licenses in Québec and OntarioDecember 11, 2023 | Autonomix (Ad)How to Invest Early In the Next Potential Breakthrough Nerve-Sensing TechnologyAutonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 21, 2023 | morningstar.comCogeco Communications Inc CCANovember 17, 2023 | benzinga.comBreezeline Employees Volunteer to Clean Up Parks and Beaches in Eight StatesNovember 16, 2023 | msn.comCanadian Investors: 2 Oversold Canadian Stocks to Buy NowNovember 9, 2023 | finance.yahoo.comCogeco Communications Inc. (TSE:CCA) Will Pay A CA$0.85 Dividend In Four DaysNovember 6, 2023 | finance.yahoo.comCogeco Communications' (TSE:CCA) Shareholders Will Receive A Bigger Dividend Than Last YearNovember 2, 2023 | msn.comCogeco reports decline in profit despite record quarterly internet customer additionsOctober 11, 2023 | benzinga.comBreezeline Supports Ronald McDonald House in Columbus, Ohio with $50,000 DonationSeptember 27, 2023 | finance.yahoo.comCogeco's Third Annual 1Cogeco Community Involvement Day Supports 17 Communities Across North AmericaSeptember 15, 2023 | finance.yahoo.comCogeco announces the appointment of Valéry Zamuner as Senior Vice-President and Chief Corporate Affairs and Legal OfficerSeptember 7, 2023 | theglobeandmail.comClosing Bell: Cogeco Communications Inc flat on Wednesday (CCA)September 5, 2023 | finance.yahoo.comHow Did Cogeco Communications Inc.'s (TSE:CCA) 13% ROE Fare Against The Industry?August 24, 2023 | theglobeandmail.comCogeco Communications: Top 10 Undervalued Communication Services Sector Stocks on TSX (CCA)August 9, 2023 | finance.yahoo.comInvestors in Cogeco Communications (TSE:CCA) have unfortunately lost 30% over the last three yearsJuly 24, 2023 | seekingalpha.comCogeco Communications: An Undervalued Infrastructure Stock Offering A Growing YieldJuly 13, 2023 | ca.finance.yahoo.comCogeco reports loss in third quarter, Cogeco Communications earns $95.9 millionJuly 10, 2023 | markets.businessinsider.comTSX Ends Slightly DownJuly 6, 2023 | benzinga.comBreezeline Transforms Its Legacy Fleet with Electric PowerJuly 6, 2023 | finance.yahoo.comCCA.TO - Cogeco Communications Inc.See More Headlines Receive CCA 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 Company Calendar Ex-Dividend for 11/29 Dividend11/14/2023Dividend Payable11/29/2023Today12/11/2023Next Earnings (Estimated)1/11/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Telecom Services Sub-IndustryN/A SectorCommunication Services Current SymbolTSE:CCA CUSIPN/A CIKN/A Webcorpo.cogeco.com Phone+1-514-7644700FaxN/AEmployees3,854Year FoundedN/APrice Target and Rating Average Stock Price TargetC$71.03 High Stock Price TargetC$92.00 Low Stock Price TargetC$63.00 Potential Upside/Downside+22.7%Consensus RatingHold Rating Score (0-4)2.11 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)C$8.67 Trailing P/E Ratio6.68 Forward P/E Ratio7.24 P/E Growth4.77Net IncomeC$392.27 million Net Margins13.14% Pretax MarginN/A Return on Equity12.62% Return on Assets5.25% Debt Debt-to-Equity Ratio146.79 Current Ratio1.09 Quick Ratio0.49 Sales & Book Value Annual SalesC$2.98 billion Price / Sales0.56 Cash FlowC$6.25 per share Price / Cash Flow9.26 Book ValueC$66.79 per share Price / Book0.87Miscellaneous Outstanding Shares28,790,000Free FloatN/AMarket CapC$1.67 billion OptionableNot Optionable Beta0.50 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Philippe Jette Eng. (Age 58)P.Eng, President, CEO & Director Comp: $2.37MMr. Patrice Ouimet B.Com.C.A., CPA, FCPA, CFO & Senior VPMr. Frank H. M. van der Post B.S. (Age 62)M.S., President of Breezeline Comp: $1.51MMr. Frederic Perron B.Com.President of Cogeco ConnexionMr. Michel BlaisVice President of Network, Operations & Technology DeliveryMr. Tim DinesenSenior VP & CTOTroy CrandallHead of Investor RelationsMs. Valery Zamuner CA (Age 48)CFA, ICD.D, LLB, M.B.A., Senior VP and Chief Corporate Affairs & Legal Officer Ms. Marie-Helene Labrie M.Sc.Senior VP and Chief Public Affairs, Communications & Strategy OfficerMr. Francois-Philippe Lessard C.F.A.Vice President of Corporate DevelopmentMore ExecutivesKey CompetitorsCogecoTSE:CGOCineplexTSE:CGXTeraGoTSE:TGOUniserve CommunicationsCVE:USSAdyaCVE:ADYAView All CompetitorsInsidersJacques RoyerSold 357 sharesTotal: C$18,289.11 ($51.23/share)Louis AudetSold 40,414 sharesTotal: C$2.64 M ($65.39/share)Mary-Ann BellBought 150 shares on 1/26/2023Total: C$10,219.50 ($68.13/share)View All Insider Transactions CCA Stock Analysis - Frequently Asked Questions Should I buy or sell Cogeco Communications stock right now? 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cogeco Communications in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CCA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CCA, but not buy additional shares or sell existing shares. View CCA analyst ratings or view top-rated stocks. What is Cogeco Communications' stock price target for 2024? 9 analysts have issued twelve-month price objectives for Cogeco Communications' shares. Their CCA share price targets range from C$63.00 to C$92.00. On average, they predict the company's share price to reach C$71.03 in the next year. This suggests a possible upside of 22.6% from the stock's current price. View analysts price targets for CCA or view top-rated stocks among Wall Street analysts. How have CCA shares performed in 2023? Cogeco Communications' stock was trading at C$76.79 on January 1st, 2023. Since then, CCA shares have decreased by 24.5% and is now trading at C$57.94. View the best growth stocks for 2023 here. When is Cogeco Communications' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, January 11th 2024. View our CCA earnings forecast. How often does Cogeco Communications pay dividends? What is the dividend yield for Cogeco Communications? Cogeco Communications declared a quarterly dividend on Thursday, November 2nd. Shareholders of record on Wednesday, November 15th will be paid a dividend of 0.854 per share on Wednesday, November 29th. This represents a $3.42 dividend on an annualized basis and a dividend yield of 5.90%. The ex-dividend date is Tuesday, November 14th. This is a boost from the stock's previous quarterly dividend of C$0.78. Read our dividend analysis for CCA. Is Cogeco Communications a good dividend stock? Cogeco Communications (TSE:CCA) pays an annual dividend of C$3.42 per share and currently has a dividend yield of 5.92%. CCA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 39.45%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for CCA. What other stocks do shareholders of Cogeco Communications own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cogeco Communications investors own include Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), AbbVie (ABBV), Vermilion Energy (VET), Open Text (OTEX), Rogers Communications (RCI) and Rogers Communications (RCI.B). How do I buy shares of Cogeco Communications? Shares of CCA stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. This page (TSE:CCA) was last updated on 12/11/2023 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. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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