TSE:CGO Cogeco (CGO) Stock Price, News & Analysis → Don’t Miss Out on the AI Gold Rush That’s Just Getting Started (From Banyan Hill Publishing) (Ad) Free CGO Stock Alerts C$54.16 +0.48 (+0.89%) (As of 04/23/2024 ET) Add Compare Share Share Today's RangeC$53.50▼C$54.2150-Day RangeC$53.19▼C$59.9352-Week RangeC$44.62▼C$62.49Volume13,638 shsAverage Volume22,025 shsMarket CapitalizationC$435.45 millionP/E Ratio13.37Dividend Yield6.31%Price TargetC$82.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsHeadlines Get Cogeco alerts: Email Address Cogeco MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside51.4% UpsideC$82.00 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.60 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.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 5.95%, 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 84.44%. 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 0.40. 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.MarketBeat Follows1 people have added Cogeco to their MarketBeat watchlist in the last 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cogeco insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.11% of the stock of Cogeco is held by insiders.Percentage Held by InstitutionsOnly 33.70% 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 13.37, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Cogeco is 13.37, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 486.27.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 0.89. 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 Ad Traders Agencytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.Click here now for the full details of this stock that’s set to rocket in the AI revolution… 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 HeadlinesApril 16, 2024 | finance.yahoo.comCogeco Second Quarter 2024 Earnings: EPS: CA$2.32 (vs CA$2.17 in 2Q 2023)April 16, 2024 | americanbankingnews.comCogeco (TSE:CGO) Given New C$106.00 Price Target at TD SecuritiesApril 23, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...April 13, 2024 | seekingalpha.comCogeco Inc. (CGECF) Q2 2024 Earnings Call TranscriptApril 11, 2024 | finance.yahoo.comCogeco Releases its Financial Results for the Second Quarter of Fiscal 2024March 16, 2024 | theglobeandmail.comClosing Bell: Cogeco Inc Sv flat on Friday (CGO)March 11, 2024 | ca.finance.yahoo.comStocks in play: Cogeco Communications Inc.March 11, 2024 | msn.comCogeco names Frédéric Perron its new president and CEO; Philippe Jetté to retireApril 23, 2024 | Stansberry Research (Ad)Global crypto currency reset (41 major banks signed up)Behind closed doors, at least 41 major US banks have signed up to a strange new crypto project...March 11, 2024 | finance.yahoo.comCogeco Inc. and Cogeco Communications Inc. Announce Frédéric Perron appointed as President and CEO; Philippe Jetté to RetireFebruary 23, 2024 | finance.yahoo.comCogeco Inc. (TSE:CGO) most popular amongst individual investors who own 56% of the shares, institutions hold 25%February 18, 2024 | seekingalpha.comCGO:CA Cogeco Inc.January 30, 2024 | morningstar.comCogeco Inc Shs Subord.votingJanuary 22, 2024 | wsj.comCogeco Communications Inc.January 22, 2024 | finance.yahoo.comCogeco Inc. Announces Voting Results on the Election of Directors Held During its Annual Shareholders' MeetingJanuary 11, 2024 | baystreet.caCogeco’s Profit Declines 18% In Latest QuarterJanuary 11, 2024 | theglobeandmail.comCogeco’s first-quarter profit down from year earlier, revenue also edged lowerDecember 26, 2023 | finance.yahoo.comInvestors in Cogeco (TSE:CGO) have unfortunately lost 23% over the last three yearsDecember 13, 2023 | msn.comRogers (TSE:RCI.B) Plans to Sell Its Entire Stake in CogecoDecember 12, 2023 | ca.investing.comRogers Communications sells all its Cogeco stockDecember 11, 2023 | reuters.comCanada's Rogers offloads Cogeco stake for $611 mln to CDPQDecember 11, 2023 | msn.comRogers selling all its Cogeco shares to Caisse de dépôt et placement du QuébecDecember 11, 2023 | finance.yahoo.comCanadian Investment Regulatory Organization Trading Halt - CGODecember 11, 2023 | finance.yahoo.comCDPQ Purchases All Shares in Cogeco and Cogeco Communications Held by RogersNovember 28, 2023 | morningstar.comCogeco Inc Shs Subord.voting CGONovember 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 DividendSee 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 2/7 Dividend1/23/2024Dividend Payable2/07/2024Last Earnings4/11/2024Today4/23/2024Ex-Dividend for 5/9 Dividend4/24/2024Dividend Payable5/09/2024Next Earnings (Estimated)7/11/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorCommunication Services Industry Telecom Services Sub-IndustryN/A 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$82.00 High Stock Price TargetC$106.00 Low Stock Price TargetC$58.00 Potential Upside/Downside+51.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$4.05 Trailing P/E Ratio13.37 Forward P/E Ratio5.31 P/E Growth-0.28Net IncomeC$63.09 million Net Margins2.06% Pretax MarginN/A Return on Equity9.44% Return on Assets5.13% Debt Debt-to-Equity Ratio137.99 Current Ratio0.63 Quick Ratio0.51 Sales & Book Value Annual SalesC$3.07 billion Price / Sales0.14 Cash FlowC$21.71 per share Price / Cash Flow2.49 Book ValueC$60.77 per share Price / Book0.89Miscellaneous Outstanding Shares8,040,000Free FloatN/AMarket CapC$435.45 million OptionableNot Optionable Beta0.26 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Frederic Perron B.Com.President, CEO & DirectorMr. Patrice Ouimet B.Com.C.A., CPA, FCPA, Senior VP & CFOMr. Frank H. M. van der Post B.S. (Age 63)M.S., President of Breezeline Comp: $1.2MMr. Tim DinesenSenior VP & CTOTroy CrandallHead of Investor RelationsMs. Valery Zamuner CA (Age 49)CFA, ICD.D, LLB, M.B.A., Senior VP, Secretary and Chief Corporate Affairs & Legal Officer Mr. Francois-Philippe Lessard C.F.A.Vice President of Corporate DevelopmentMs. Linda GillespieSenior VP & Chief Human Resources OfficerMs. Caroline Paquet (Age 52)President of Cogeco Media Inc. Ms. Julie Latreille C.F.A.VP & TreasurerMore ExecutivesKey CompetitorsCogeco CommunicationsTSE:CCACineplexTSE:CGXWildBrainTSE:WILDBragg Gaming GroupTSE:BRAGYellow PagesTSE:YView 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 shares. Their CGO share price targets range from C$58.00 to C$106.00. On average, they expect the company's stock price to reach C$82.00 in the next twelve months. This suggests a possible upside of 51.4% 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 2024? Cogeco's stock was trading at C$57.17 at the start of the year. Since then, CGO stock has decreased by 5.3% and is now trading at C$54.16. View the best growth stocks for 2024 here. When is Cogeco's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, July 11th 2024. View our CGO earnings forecast. How were Cogeco's earnings last quarter? Cogeco Inc. (TSE:CGO) announced its quarterly earnings results on Thursday, April, 11th. The company reported $2.33 earnings per share for the quarter. The firm earned $751.91 million during the quarter. Cogeco had a net margin of 2.06% and a trailing twelve-month return on equity of 9.44%. How often does Cogeco pay dividends? What is the dividend yield for Cogeco? Cogeco announced a quarterly dividend on Friday, April 12th. Shareholders of record on Thursday, April 25th will be given a dividend of 0.854 per share on Thursday, May 9th. This represents a $3.42 dividend on an annualized basis and a yield of 6.31%. The ex-dividend date is Wednesday, April 24th. 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 5.95%. CGO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 84.44%. 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), Wheaton Precious Metals (WPM), 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 4/23/2024 by MarketBeat.com Staff From Our PartnersSHOCKING Crypto Leak…Crypto 101 Mediatop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsYour Money is Not SafeAmerican AlternativeDon’t Miss Out on the AI Gold Rush That’s Just Getting StartedBanyan Hill PublishingMan Who Predicted 2008: “This Will be Worse.”AltimetryEmergency: Biden's $20 Trillion Mistake Could Cost YOU!GoldenCrest MetalsBiden out June 13; Kamala won’t replace him?Paradigm Press 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. 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