TSE:CCA Cogeco Communications (CCA) Stock Forecast, Price & News C$62.87 +1.15 (+1.86%) (As of 09/29/2023 ET) Add Compare Share Share Today's RangeC$61.50▼C$62.8950-Day RangeC$61.46▼C$67.7152-Week RangeC$60.00▼C$82.03Volume99,067 shsAverage Volume119,969 shsMarket CapitalizationC$1.81 billionP/E Ratio6.80Dividend Yield4.93%Price TargetC$80.81 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesSocial Media Cogeco Communications MarketRank™ ForecastAnalyst RatingHold2.17 Rating ScoreUpside/Downside28.5% UpsideC$80.81 Price TargetShort InterestN/ADividend StrengthModerateBased 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.2.60 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 2.17, and is based on 2 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of C$80.81, Cogeco Communications has a forecasted upside of 28.5% from its current price of C$62.87.Amount of Analyst CoverageCogeco Communications has received no research coverage in the past 90 days. 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 5.03%, 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 33.51%. 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 3.7 News and Social Media Coverage News SentimentCogeco Communications has a news sentiment score of 1.60. 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 0.33 average news sentiment score of Communication Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Cogeco Communications this week, compared to 1 article on an average week.Search Interest6 people have searched for CCA on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.MarketBeat Follows4 people have added Cogeco Communications to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 1.7 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 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 6.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Cogeco Communications is 6.80, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 454.73.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 0.96. 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 (TSE:CCA) StockCogeco Communications Inc. operates as a communications corporation in North America. It operates in two segments, Canadian Broadband Services and American Broadband Services. The company offers Internet, video, and telephony services to residential and business customers through its two-way broadband fiber networks. It provides Internet services using modems, Wi-Fi gateways, and extenders either on a rental basis or as part of the Internet service package; video services on a subscription basis; home phone services using Internet protocol (IP); local and long-distance calling services; broadband Internet services; and IP based telephony services and other network connectivity services delivered over fiber optic connection to larger businesses. The company serves the primary service units, Internet, video, and telephony service customers. It offers cable operator services under the Cogeco Connexion name in Québec and Ontario, and in the United States under the Atlantic Broadband 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 1972 and is headquartered in Montreal, Canada. Cogeco Communications Inc. operates as a subsidiary of Cogeco Inc.Read More CCA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CCA Stock News HeadlinesSeptember 27, 2023 | finance.yahoo.comCogeco's Third Annual 1Cogeco Community Involvement Day Supports 17 Communities Across North AmericaSeptember 24, 2023 | americanbankingnews.comCogeco Communications Inc. (TSE:CCA) Given Consensus Rating of "Hold" by AnalystsOctober 1, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 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 yearsOctober 1, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.July 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.June 30, 2023 | markets.businessinsider.comCanadian Market Up Sharply, Set To End On Strong NoteJune 27, 2023 | msn.com3 Canadian Telecoms With Big Dividend-Growth StreaksJune 7, 2023 | msn.comCanada shares lower at close of trade; S&P/TSX Composite down 0.36%June 7, 2023 | markets.businessinsider.comTSX Ends Moderately Lower After BoC Raises Interest RatesMay 16, 2023 | finance.yahoo.comCogeco Communications Inc. to Participate at the 2023 TD Securities Telecom & MediaApril 22, 2023 | theglobeandmail.comClosing Bell: Cogeco Communications Inc up on Friday (CCA)April 22, 2023 | msn.comCIBC CAPITAL MARKETS Downgrades Cogeco Communications (TSX:CCA)April 14, 2023 | theglobeandmail.comClosing Bell: Cogeco Communications Inc down on Friday (CCA)April 14, 2023 | theglobeandmail.comClosing Bell: Cogeco Communications Inc down on Thursday (CCA)April 13, 2023 | finance.yahoo.comCogeco Communications Releases its Financial Results for the Second Quarter of Fiscal 2023April 13, 2023 | theglobeandmail.comClosing Bell: Cogeco Communications Inc down on Wednesday (CCA)April 12, 2023 | theglobeandmail.comClosing Bell: Cogeco Communications Inc up on Tuesday (CCA)April 11, 2023 | theglobeandmail.comClosing Bell: Cogeco Communications Inc up on Monday (CCA)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 CCA Company Calendar Last Earnings7/13/2023Ex-Dividend for 8/10 Dividend7/26/2023Dividend Payable8/10/2023Today10/01/2023Next Earnings (Confirmed)11/01/2023Get 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 ForecastC$80.81 High Stock Price ForecastC$105.00 Low Stock Price ForecastC$67.50 Forecasted Upside/Downside+28.5%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$9.25 Trailing P/E Ratio6.80 Forward P/E Ratio7.34 P/E Growth4.77Net IncomeC$410.71 million Net Margins13.85% Pretax MarginN/A Return on Equity13.59% Return on Assets5.33% Debt Debt-to-Equity Ratio150.92 Current Ratio1.09 Quick Ratio0.49 Sales & Book Value Annual SalesC$2.97 billion Price / Sales0.61 Cash FlowC$6.79 per share Price / Cash Flow9.26 Book ValueC$65.62 per share Price / Book0.96Miscellaneous Outstanding Shares28,790,000Free FloatN/AMarket CapC$1.81 billion OptionableNot Optionable Beta0.47 (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Philippe Jette Eng. (Age 58)P.Eng, Pres, CEO & Director Comp: $2.37MMr. Patrice Ouimet B.Com.C.A., CA, CPA, FCPA, CFO & Sr. VPMr. Christian Jolivet L.L.B.L.L.M., LLB, LLM, Sr. VP of Corp. Affairs, Chief Legal Officer & Sec.Mr. Frank H. M. van der Post B.S. (Age 62)M.S., Pres of Breezeline Comp: $1.51MMr. Frederic Perron B.Com.Pres of Cogeco ConnexionMr. Michel BlaisVP of Network, Operations & Technology DeliveryDr. Zouheir Mansourati M.Sc.Ph.D., Sr. VP & CTOFatiha MoussadakDirector of Investor RelationsMs. Marie-Helene Labrie M.Sc.Sr. VP and Chief Public Affairs, Communications & Strategy OfficerMr. Francois-Philippe Lessard C.F.A.VP of Corp. Devel.More ExecutivesKey CompetitorsCogecoTSE:CGOCineplexTSE:CGXTeraGoTSE:TGOUniserve CommunicationsCVE:USSAdyaCVE:ADYAView All CompetitorsInsidersLouis 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)Robin Anne BienenstockBought 1,581 shares on 11/14/2022Total: C$115,887.30 ($73.30/share)Jacques RoyerSold 433 sharesTotal: C$30,206.08 ($69.76/share)Elizabeth AlvesSold 170 sharesTotal: C$11,859.20 ($69.76/share)View All Insider Transactions CCA 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 twelve months. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 forecast for 2023? 6 brokerages have issued twelve-month target prices for Cogeco Communications' stock. Their CCA share price forecasts range from C$67.50 to C$105.00. On average, they anticipate the company's stock price to reach C$80.81 in the next year. This suggests a possible upside of 28.5% 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 stock has decreased by 18.1% and is now trading at C$62.87. 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 Wednesday, November 1st 2023. View our CCA earnings forecast. How were Cogeco Communications' earnings last quarter? Cogeco Communications Inc. (TSE:CCA) posted its quarterly earnings results on Thursday, July, 13th. The company reported $2.34 EPS for the quarter, topping analysts' consensus estimates of $1.91 by $0.43. The business earned $741.79 million during the quarter, compared to analysts' expectations of $739 million. Cogeco Communications had a net margin of 13.85% and a trailing twelve-month return on equity of 13.59%. How often does Cogeco Communications pay dividends? What is the dividend yield for Cogeco Communications? Cogeco Communications announced a quarterly dividend on Friday, July 14th. Shareholders of record on Thursday, July 27th will be given a dividend of 0.776 per share on Thursday, August 10th. This represents a $3.10 dividend on an annualized basis and a dividend yield of 4.94%. The ex-dividend date is Wednesday, July 26th. Read our dividend analysis for CCA. Is Cogeco Communications a good dividend stock? Cogeco Communications (TSE:CCA) pays an annual dividend of C$3.10 per share and currently has a dividend yield of 5.03%. CCA has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 33.51%. 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). What is Cogeco Communications' stock symbol? Cogeco Communications trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CCA." 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. What is Cogeco Communications' stock price today? One share of CCA stock can currently be purchased for approximately C$62.87. How much money does Cogeco Communications make? Cogeco Communications (TSE:CCA) has a market capitalization of C$1.81 billion and generates C$2.97 billion in revenue each year. The company earns C$410.71 million in net income (profit) each year or C$9.25 on an earnings per share basis. 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 1700-5 Ville-Marie Pl, MONTREAL, QC H3B 0B3, Canada. The official website for the company is corpo.cogeco.com. The company can be reached via phone at +1-514-7644700. This page (TSE:CCA) was last updated on 10/1/2023 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. 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