TSE:CCA

Cogeco Communications Inc. (CCA.TO) Stock Forecast, Price & News

C$101.75

+5.75 (+5.99 %)

(As of 01/15/2021 12:00 AM ET)

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Today's Range

C$100.00

Now: C$101.75▼

C$102.11

50-Day Range

C$94.01

MA: C$97.43▼

C$100.37

52-Week Range

C$87.57

Now: C$101.75▼

C$132.00

Volume402,569 shs

Average Volume151,439 shs

Market CapitalizationC$4.90 billion

P/E Ratio13.27

Dividend Yield2.42%

BetaN/A

Cogeco 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 QuÃ©bec 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. is a subsidiary of Cogeco Inc.

MarketRank^™

Overall MarketRank^™

1.41 out of 5 stars

2.4 Analyst's Opinion

Consensus Rating
Cogeco Communications Inc. (CCA.TO) has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$119.21, Cogeco Communications Inc. (CCA.TO) has a forecasted upside of 17.2% from its current price of C$101.75.
Amount of Analyst Coverage
Cogeco Communications Inc. (CCA.TO) has only been the subject of 2 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Cogeco Communications Inc. (CCA.TO) has received 377 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cogeco Communications Inc. (CCA.TO) has received 419 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cogeco Communications Inc. (CCA.TO) has received 52.64% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Cogeco Communications Inc. (CCA.TO) and other stocks. Vote “Outperform” if you believe CCA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CCA will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Yield
Cogeco Communications Inc. (CCA.TO) pays a meaningful dividend of 2.42%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cogeco Communications Inc. (CCA.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cogeco Communications Inc. (CCA.TO) is 30.25%. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Cogeco Communications Inc. (CCA.TO) 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$30,372.00 in company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cogeco Communications Inc. (CCA.TO) is 13.27, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cogeco Communications Inc. (CCA.TO) is 13.27, which means that it is trading at a more expensive P/E ratio than the Communication Services sector average P/E ratio of about 4.16.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Cogeco Communications Inc. (CCA.TO), their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Cogeco Communications Inc. (CCA.TO) has a P/B Ratio of 2.14. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Telecom Services

Sub-IndustryN/A

SectorCommunication Services

Current SymbolTSE:CCA

Previous Symbol

CUSIPN/A

CIKN/A

Webcorpo.cogeco.com

Phone+1-514-7644700

Employees3,740

Debt

Debt-to-Equity Ratio118.16

Current Ratio1.29

Quick Ratio1.21

Price-To-Earnings

Trailing P/E Ratio13.27

Forward P/E Ratio11.94

P/E Growth-3.97

Sales & Book Value

Annual SalesC$2.38 billion

Price / Sales2.05

Cash FlowC$8.02 per share

Price / Cash Flow12.68

Book ValueC$47.52 per share

Price / Book2.14

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares48,117,000

Market CapC$4.90 billion

Next Earnings DateN/A

OptionableNot Optionable

C$101.75

+5.75 (+5.99 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Cogeco Communications Inc. (CCA.TO) (TSE:CCA) Frequently Asked Questions

How has Cogeco Communications Inc. (CCA.TO)'s stock been impacted by Coronavirus (COVID-19)?

Cogeco Communications Inc. (CCA.TO)'s stock was trading at C$102.60 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CCA shares have decreased by 0.8% and is now trading at C$101.75.
View which stocks have been most impacted by COVID-19.

Is Cogeco Communications Inc. (CCA.TO) a buy right now?

4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cogeco Communications Inc. (CCA.TO) in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Cogeco Communications Inc. (CCA.TO) stock.
View analyst ratings for Cogeco Communications Inc. (CCA.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Cogeco Communications Inc. (CCA.TO)?

Wall Street analysts have given Cogeco Communications Inc. (CCA.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cogeco Communications Inc. (CCA.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

How were Cogeco Communications Inc. (CCA.TO)'s earnings last quarter?

Cogeco Communications Inc. (CCA.TO) (TSE:CCA) announced its quarterly earnings results on Tuesday, October, 27th. The company reported $1.88 earnings per share for the quarter, topping analysts' consensus estimates of $1.84 by $0.04. The business earned $605.17 million during the quarter, compared to analyst estimates of $602.30 million.
View Cogeco Communications Inc. (CCA.TO)'s earnings history.

How often does Cogeco Communications Inc. (CCA.TO) pay dividends? What is the dividend yield for Cogeco Communications Inc. (CCA.TO)?

Cogeco Communications Inc. (CCA.TO) declared a quarterly dividend on Monday, November 9th. Shareholders of record on Tuesday, November 24th will be paid a dividend of 0.64 per share on Tuesday, November 24th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date is Monday, November 9th. This is an increase from Cogeco Communications Inc. (CCA.TO)'s previous quarterly dividend of C$0.58.
View Cogeco Communications Inc. (CCA.TO)'s dividend history.

Is Cogeco Communications Inc. (CCA.TO) a good dividend stock?

Cogeco Communications Inc. (CCA.TO) pays an annual dividend of C$2.32 per share and currently has a dividend yield of 2.42%. The dividend payout ratio of Cogeco Communications Inc. (CCA.TO) is 30.25%. This payout ratio is at a healthy, sustainable level, below 75%.
View Cogeco Communications Inc. (CCA.TO)'s dividend history.

What price target have analysts set for CCA?

4 brokerages have issued 1 year price targets for Cogeco Communications Inc. (CCA.TO)'s shares. Their forecasts range from C$114.00 to C$129.00. On average, they expect Cogeco Communications Inc. (CCA.TO)'s share price to reach C$119.21 in the next twelve months. This suggests a possible upside of 17.2% from the stock's current price.
View analysts' price targets for Cogeco Communications Inc. (CCA.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Cogeco Communications Inc. (CCA.TO)'s key competitors?

Some companies that are related to Cogeco Communications Inc. (CCA.TO) include BT Group - CLASS A (BT.A), Shaw Communications (SJR.B), Quebecor (QBR.B), Quebecor (QBR.A), Telefónica Deutschland Holding AG (O2D.F) (O2D), United Internet AG (UTDI.F) (UTDI), 1&1 Drillisch AG (DRI.F) (DRI), Airtel Africa Plc (AAF.L) (AAF), Inmarsat (ISAT), Spirent Communications plc (SPT.L) (SPT), Helios Towers plc (HTWS.L) (HTWS), Cogeco Inc. (CGO.TO) (CGO), TalkTalk Telecom Group PLC (TALK.L) (TALK), Radius Global Infrastructure (RADI) and KCOM Group (KCOM).
View all of CCA's competitors.

What other stocks do shareholders of Cogeco Communications Inc. (CCA.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cogeco Communications Inc. (CCA.TO) investors own include Intact Financial Co. (IFC.TO) (IFC), Constellation Software Inc. (CSU.TO) (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada Inc. (ACQ.TO) (ACQ), AbbVie (ABBV), Vermilion Energy Inc. (VET.TO) (VET), Open Text Co. (OTEX.TO) (OTEX), Wheaton Precious Metals Corp. (WPM.TO) (WPM), Rogers Communications (RCI) and Rogers Communications (RCI.B).

Who are Cogeco Communications Inc. (CCA.TO)'s key executives?

Cogeco Communications Inc. (CCA.TO)'s management team includes the following people:

Mr. Louis V. Audet M.B.A., Eng., MBA, C.M., Exec. Chairman (Age 70, Pay $1.55M)
Mr. Philippe Jette Eng., P.Eng, Pres, CEO & Director (Age 57, Pay $1.86M)
Mr. Patrice Ouimet B.Com., C.A., CPA, CPA, CA, CFO & Sr. VP
Mr. 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., M.S., Pres of Atlantic Broadband (Age 60, Pay $1.35M)
Mr. Michel Blais, VP of Engineering & Operations
Dr. Zouheir Mansourati M.Sc., Ph.D., Sr. VP & CTO
Ms. Marie-Helene Labrie M.Sc., Sr. VP and Chief Public Affairs, Communications & Strategy Officer
Ms. Liette Vigneault M.B.A., VP of HR & Communications
Ms. Elina Tea C.F.A., VP of Corp. Devel. (Age 44)

What is Cogeco Communications Inc. (CCA.TO)'s stock symbol?

Cogeco Communications Inc. (CCA.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CCA."

How do I buy shares of Cogeco Communications Inc. (CCA.TO)?

Shares of CCA 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.

What is Cogeco Communications Inc. (CCA.TO)'s stock price today?

One share of CCA stock can currently be purchased for approximately C$101.75.

How big of a company is Cogeco Communications Inc. (CCA.TO)?

Cogeco Communications Inc. (CCA.TO) has a market capitalization of C$4.90 billion and generates C$2.38 billion in revenue each year. Cogeco Communications Inc. (CCA.TO) employs 3,740 workers across the globe.

What is Cogeco Communications Inc. (CCA.TO)'s official website?

The official website for Cogeco Communications Inc. (CCA.TO) is corpo.cogeco.com.

How can I contact Cogeco Communications Inc. (CCA.TO)?

Cogeco Communications Inc. (CCA.TO)'s mailing address is 1700-5 Ville-Marie Pl, MONTREAL, QC H3B 0B3, Canada. The company can be reached via phone at +1-514-7644700.

This page was last updated on 1/16/2021 by MarketBeat.com Staff

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