Cogeco Stock Price, News & Analysis (TSE:CGO) C$46.71 +0.31 (+0.67%) (As of 03:36 PM ET) Add Compare Share Share Today's RangeC$46.43▼C$46.8450-Day RangeC$44.95▼C$50.4152-Week RangeC$44.62▼C$68.47Volume10,541 shsAverage Volume27,760 shsMarket CapitalizationC$654.41 millionP/E Ratio10.36Dividend Yield7.32%Price TargetC$79.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Cogeco MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside69.5% UpsideC$79.00 Price TargetShort InterestN/ADividend 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.2.41 out of 5 stars 3.3 Analyst's Opinion Consensus RatingCogeco has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$79.00, Cogeco has a forecasted upside of 69.5% from its current price of C$46.60.Amount of Analyst CoverageCogeco has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CGO. Previous Next 1.7 Dividend Strength Dividend LeadershipCogeco is a leading dividend payer. It pays a dividend yield of 7.30%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCogeco does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Cogeco is 75.83%. Payout ratios above 75% are not desirable because they may not be sustainable. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CGO. Previous Next 2.4 News and Social Media Coverage News SentimentCogeco has a news sentiment score of 0.34. 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 news sentiment score is similar to the average news sentiment of Communication Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Cogeco this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for CGO on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows2 people have added Cogeco to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cogeco insiders have not sold or bought any company stock.Percentage Held by Insiders43.80% of the stock of Cogeco is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 21.64% of the stock of Cogeco is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cogeco is 10.33, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Cogeco is 10.33, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 366.24.Price to Earnings Growth RatioDue to a projected decrease in earnings for Cogeco, their PEG ratio cannot be calculated.Price to Book Value per Share RatioCogeco has a P/B Ratio of 0.78. 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 Stock (TSE:CGO)Cogeco Inc., through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Canadian Telecommunications and American Telecommunications. It provides a range of Internet, video, and phone services through advanced fibre optic and two-way telecommunications distribution networks primarily to residential customers, as well as business services under the Cogeco Connexion name in Quebec and Ontario; and Breezeline brand in the United States. The company also provides advanced network connectivity services, such as dedicated fibre, session initiation protocol, primary rate interface, trunking solutions, and hosted private branch exchange solutions, as well as managed business Wi-Fi. In addition, it owns and operates 21 radio stations with complementary radio formats and coverage serving a range of audiences primarily across the province of Québec; and Cogeco News, a news agency. It serves primary service units, including Internet, video, and telephony service customers. The company was incorporated in 1957 and is headquartered in Montreal, Canada. Cogeco Inc. is a subsidiary of Gestion Audem Inc.Read More CGO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CGO Stock News HeadlinesNovember 28, 2023 | morningstar.comCogeco Inc Shs Subord.voting CGONovember 22, 2023 | americanbankingnews.comCogeco (TSE:CGO) Shares Pass Below 200 Day Moving Average of $50.92November 30, 2023 | Tomorrow Investor (Ad)Why Microsoft Just Placed A Huge Bet On NuclearEven with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.November 15, 2023 | theglobeandmail.comCogeco: Top 10 Undervalued Communication Services Sector Stocks on TSX (CGO)November 9, 2023 | finance.yahoo.comRead This Before Considering Cogeco Inc. (TSE:CGO) For Its Upcoming CA$0.85 DividendNovember 1, 2023 | finance.yahoo.comCogeco Releases its Financial Results for the Fourth Quarter of Fiscal 2023October 12, 2023 | finance.yahoo.comDid Cogeco Inc. (TSE:CGO) Use Debt To Deliver Its ROE Of 11%?September 28, 2023 | finance.yahoo.comCogeco and Cogeco Communications Schedule the Release of Their Financial Results for the Fourth Quarter of Fiscal 2023 and Related Conference CallNovember 30, 2023 | Tomorrow Investor (Ad)Why Microsoft Just Placed A Huge Bet On NuclearEven with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.August 30, 2023 | finance.yahoo.comCalculating The Intrinsic Value Of Cogeco Inc. (TSE:CGO)August 23, 2023 | msn.com3 Magnificent Stocks to Buy That Are Near 52-Week LowsAugust 10, 2023 | finance.yahoo.comIndividual investors own 34% of Cogeco Inc. (TSE:CGO) shares but public companies control 39% of the companyJuly 22, 2023 | theglobeandmail.comCogeco: Stocks Undervalued by Analyst Consensus on TSX (CGO)July 21, 2023 | finance.yahoo.comRead This Before Considering Cogeco Inc. (TSE:CGO) For Its Upcoming CA$0.73 DividendJuly 19, 2023 | finance.yahoo.comInvestors in Cogeco (TSE:CGO) have unfortunately lost 30% over the last three yearsJuly 13, 2023 | finance.yahoo.comCogeco Releases its Financial Results for the Third Quarter of Fiscal 2023July 5, 2023 | markets.businessinsider.comTSX Snaps Six-session Winning Streak, Ends Moderately LowerMay 4, 2023 | finance.yahoo.comCogeco Inc. (CGO.TO)April 22, 2023 | msn.comTD SECURITIES Maintains Cogeco (TSX:CGO) Buy RecommendationApril 22, 2023 | msn.comCIBC CAPITAL MARKETS Downgrades Cogeco (TSX:CGO)April 21, 2023 | theglobeandmail.comClosing Bell: Cogeco Inc Sv up on Friday (CGO)April 14, 2023 | theglobeandmail.comClosing Bell: Cogeco Inc Sv down on Friday (CGO)April 12, 2023 | theglobeandmail.comRating agencies push Rogers to sell Cogeco stakeMarch 22, 2023 | finance.yahoo.comDid Cogeco Inc. (TSE:CGO) Use Debt To Deliver Its ROE Of 14%?March 20, 2023 | finance.yahoo.comCogeco and Cogeco Communications Schedule the Release of Their Financial Results for the Second Quarter of Fiscal 2023 and Related Conference CallMarch 1, 2023 | finance.yahoo.comIndividual investors own 34% of Cogeco Inc. (TSE:CGO) shares but public companies control 38% of the companyMarch 1, 2023 | finance.yahoo.comCogeco Unveils Its Annual ESG and Sustainability Report for Sustainable and Inclusive GrowthSee More Headlines Receive CGO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cogeco and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 11/29 Dividend11/14/2023Dividend Payable11/29/2023Today11/30/2023Next Earnings (Estimated)1/11/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Telecom Services Sub-IndustryN/A SectorCommunication Services Current SymbolTSE:CGO CUSIPN/A CIKN/A Webcorpo.cogeco.com Phone+1-514-7644700FaxN/AEmployees4,400Year FoundedN/APrice Target and Rating Average Stock Price TargetC$79.00 High Stock Price TargetC$105.00 Low Stock Price TargetC$53.00 Potential Upside/Downside+69.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.51 Trailing P/E Ratio10.31 Forward P/E Ratio5.54 P/E Growth-0.28Net IncomeC$70.63 million Net Margins2.29% Pretax MarginN/A Return on Equity10.44% Return on Assets5.22% Debt Debt-to-Equity Ratio148.48 Current Ratio1.10 Quick Ratio0.51 Sales & Book Value Annual SalesC$3.08 billion Price / Sales0.21 Cash FlowC$18.64 per share Price / Cash Flow2.49 Book ValueC$59.70 per share Price / Book0.78Miscellaneous Outstanding Shares14,010,000Free FloatN/AMarket CapC$651.32 million OptionableNot Optionable Beta0.35 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.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, Senior VP & CFOMr. Frederic Perron B.Com.President of Cogeco ConnexionMr. Frank H. M. van der Post B.S. (Age 62)M.S., President of Breezeline Comp: $1.51MMr. 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 DevelopmentMs. Linda GillespieSenior VP & Chief Human Resources OfficerMore ExecutivesKey CompetitorsCogeco CommunicationsTSE:CCACineplexTSE:CGXWildBrainTSE:WILDYellow PagesTSE:YTeraGoTSE:TGOView All Competitors CGO Stock Analysis - Frequently Asked Questions Should I buy or sell Cogeco stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cogeco in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CGO shares. View CGO analyst ratings or view top-rated stocks. What is Cogeco's stock price target for 2024? 2 analysts have issued 1-year price targets for Cogeco's stock. Their CGO share price targets range from C$53.00 to C$105.00. On average, they predict the company's stock price to reach C$79.00 in the next twelve months. This suggests a possible upside of 69.5% from the stock's current price. View analysts price targets for CGO or view top-rated stocks among Wall Street analysts. How have CGO shares performed in 2023? Cogeco's stock was trading at C$63.57 at the beginning of the year. Since then, CGO shares have decreased by 26.7% and is now trading at C$46.60. View the best growth stocks for 2023 here. When is Cogeco's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, January 11th 2024. View our CGO earnings forecast. How often does Cogeco pay dividends? What is the dividend yield for Cogeco? Cogeco announced a quarterly dividend on Thursday, November 2nd. Shareholders of record on Wednesday, November 15th will be given a dividend of 0.854 per share on Wednesday, November 29th. This represents a $3.42 annualized dividend and a yield of 7.33%. The ex-dividend date of this dividend is Tuesday, November 14th. This is a positive change from the stock's previous quarterly dividend of C$0.73. Read our dividend analysis for CGO. Is Cogeco a good dividend stock? Cogeco (TSE:CGO) pays an annual dividend of C$3.42 per share and currently has a dividend yield of 7.30%. CGO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 75.83%. Payout ratios above 75% are not desirable because they may not be sustainable. Read our dividend analysis for CGO. What other stocks do shareholders of Cogeco own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cogeco investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Vermilion Energy (VET), Open Text (OTEX), Rogers Communications (RCI) and Valeant Pharmaceuticals International (VRX). How do I buy shares of Cogeco? Shares of CGO 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:CGO) was last updated on 11/30/2023 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 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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