TSE:CGO

Cogeco - CGO Stock Forecast, Price & News

C$55.10

-0.55 (-0.99%)

(As of 09/30/2022 12:00 AM ET)

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Today's Range: C$55.00
▼
C$56.17
50-Day Range: C$55.10
▼
C$71.80
52-Week Range: C$54.44
▼
C$91.17

Volume: 10,703 shs
Average Volume: 15,433 shs
Market Capitalization: C$870.41 million

P/E Ratio: 6.03
Dividend Yield: 4.49%
Price Target: C$102.00

About Cogeco (TSE:CGO) Stock

Cogeco Inc., through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Communications and Other. The Communications segment provides a range of Internet, video, and telephony services through its two-way broadband fiber networks primarily to residential customers, as well as to small and medium sized businesses under the Cogeco Connexion name in Quebec and Ontario; and Atlantic Broadband brand in the United States. The Other segment owns and operates 23 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, Internet, video, and telephony service customers. The company was incorporated in 1957 and is headquartered in Montreal, Canada.

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CGO Stock News Headlines

September 28, 2022 | ca.finance.yahoo.com

NATIONAL DAY FOR TRUTH AND RECONCILIATION PROGRAMMING ON COGECO'S YOURTV CHANNELS ACROSS ONTARIO

September 23, 2022 | americanbankingnews.com

Cogeco (TSE:CGO) Sets New 52-Week Low at $60.30

September 23, 2022 | finance.yahoo.com

Cogeco Inc. (TSE:CGO) stock most popular amongst public companies who own 38%, while individual investors hold 27%

September 20, 2022 | theglobeandmail.com

Cogeco: Top 10 Undervalued Telecommunication Services Industry Stocks on TSE (CGO)

September 16, 2022 | msn.com

Got $4,000? 4 Cheap Stocks to Buy Right Now

September 7, 2022 | wsj.com

Cogeco Inc.

September 2, 2022 | reuters.com

CGO.TO - Cogeco Inc. | Stock Price & Latest News | Reuters

September 2, 2022 | nz.finance.yahoo.com

Cogeco Communications Inc.'s (TSE:CCA) last week's 6.3% decline must have disappointed private companies who have a significant stake

September 2, 2022 | finance.yahoo.com

The past three years for Cogeco (TSE:CGO) investors has not been profitable

August 22, 2022 | nasdaq.com

TSX Ends Notably Lower For 2nd Straight Session

July 15, 2022 | seekingalpha.com

Cogeco GAAP EPS of C$2.37, revenue of C$754.8M; reaffirms FY23 guidance

July 13, 2022 | finance.yahoo.com

Cogeco Releases its Financial Results for the Third Quarter of Fiscal 2022

July 13, 2022 | nasdaq.com

Canadian Market Plunges After Sharp Rate Hike, But Recovers Well To Trim Losses

June 21, 2022 | finance.yahoo.com

Louis Audet named Officer of the Ordre national du Québec for 2021

June 3, 2022 | ca.finance.yahoo.com

Stocks in play: Cogeco Inc

June 2, 2022 | ca.investing.com

TSX Midday Stock Market Movers, Thursday June 2

April 14, 2022 | ca.investing.com

TSX Midday Stock Market Movers, Thursday April 14

April 14, 2022 | theglobeandmail.com

Cogeco’s second-quarter profit rises 7.8% to $118.8-million on revenue boost

April 13, 2022 | ca.finance.yahoo.com

Cogeco Q2 profit increases 7.8 per cent to $118.8 million on revenue boost

April 13, 2022 | finance.yahoo.com

Cogeco Releases its Financial Results for the Second Quarter of Fiscal 2022

March 1, 2022 | finance.yahoo.com

Cogeco Unveils Its New ESG and Sustainability Report for Sustainable and Inclusive Growth

January 25, 2022 | finance.yahoo.com

Cogeco Announces the Appointment of Linda Gillespie as Senior Vice President and Chief Human Resources Officer

January 20, 2022 | finance.yahoo.com

Cogeco and Its Employees Give Near Half A Million Dollars Back to the Community as Part of the 2021 United Way/Centraide Campaign

January 19, 2022 | ca.finance.yahoo.com

For a Third Consecutive Year, Cogeco Ranks Among the World's 100 Most Sustainable Corporations According to Corporate Knights

January 14, 2022 | finance.yahoo.com

Cogeco Inc. Announces Voting Results on the Election of Directors Held During its Annual And Special Shareholders' Meeting

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CGO Company Calendar

Last Earnings: 7/13/2022
Ex-Dividend for 8/10 Dividend: 7/26/2022
Dividend Payable: 8/10/2022
Today: 10/01/2022
Next Earnings (Confirmed): 10/27/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Telecom Services
Sub-Industry: N/A
Sector: Business Services
Current Symbol: TSE:CGO
CUSIP: N/A
CIK: N/A
Web: corpo.cogeco.com
Phone: +1-514-7644700
Fax: N/A
Employees: 4,400
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$102.00
High Stock Price Forecast: C$120.00
Low Stock Price Forecast: C$84.00
Forecasted Upside/Downside: +85.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 6.03
Forward P/E Ratio: 5.79
P/E Growth: -0.3
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 146.86
Current Ratio: 0.58
Quick Ratio: 0.54

Sales & Book Value

Annual Sales: C$2.90 billion
Price / Sales: 0.30
Cash Flow: C$23.85 per share
Price / Cash Flow: 2.31
Book Value: C$56.45 per share
Price / Book: 0.98

Miscellaneous

Outstanding Shares: 15,797,000
Free Float: N/A
Market Cap: C$870.41 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Philippe Jette Eng. (Age 57)
P.Eng, Pres, CEO & Director
Comp: $2.18M

Mr. Patrice Ouimet B.Com.
C.A., CA, CPA, FCPA, Sr. VP & CFO

Mr. Frederic Perron B.Com.
Pres of Cogeco Connexion

Mr. Frank H. M. van der Post B.S. (Age 61)
M.S., Pres of Atlantic Broadband
Comp: $1.38M

Dr. Zouheir Mansourati M.Sc.
Ph.D., Sr. VP & CTO

Mr. Christian Jolivet L.L.B.
L.L.M., LLB, LLM, Sr. VP of Corp. Affairs, Chief Legal Officer & Sec.

Ms. Marie-Helene Labrie M.Sc.
Sr. VP and Chief Public Affairs, Communications & Strategy Officer

Mr. Francois-Philippe Lessard C.A.
CPA, VP of Corp. Devel.

Ms. Linda Gillespie
Sr. VP & Chief HR Officer

Ms. Elizabeth Alves C.A.
CPA, CFE, CIA, VP of Enterprise Strategy & Sustainability

Key Competitors

View All Competitors

CGO Stock - Frequently Asked Questions

Should I buy or sell Cogeco stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cogeco in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CGO shares.
View CGO analyst ratings or view top-rated stocks.
What is Cogeco's stock price forecast for 2022?: 2 brokerages have issued twelve-month target prices for Cogeco's shares. Their CGO share price forecasts range from C$84.00 to C$120.00. On average, they anticipate the company's stock price to reach C$102.00 in the next year. This suggests a possible upside of 85.1% 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 2022?: Cogeco's stock was trading at C$81.23 on January 1st, 2022. Since then, CGO stock has decreased by 32.2% and is now trading at C$55.10.
View the best growth stocks for 2022 here.
When is Cogeco's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our CGO earnings forecast.
How were Cogeco's earnings last quarter?: Cogeco Inc. (TSE:CGO) posted its quarterly earnings data on Wednesday, July, 13th. The company reported $2.37 earnings per share for the quarter. The company earned $754.78 million during the quarter.
How often does Cogeco pay dividends? What is the dividend yield for Cogeco?: Cogeco announced a quarterly dividend on Thursday, July 14th. Stockholders of record on Wednesday, July 27th will be given a dividend of 0.625 per share on Wednesday, August 10th. This represents a $2.50 annualized dividend and a yield of 4.54%. The ex-dividend date is Tuesday, July 26th. This is an increase from the stock's previous quarterly dividend of C$0.55.
Read our dividend analysis for CGO.

Is Cogeco a good dividend stock?: Cogeco (TSE:CGO) pays an annual dividend of C$2.42 per share and currently has a dividend yield of 4.49%. CGO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 26.48%. This payout ratio is at a healthy, sustainable level, below 75%.
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).
What is Cogeco's stock symbol?: Cogeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol "CGO."
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.
What is Cogeco's stock price today?: One share of CGO stock can currently be purchased for approximately C$55.10.
How much money does Cogeco make?: Cogeco (TSE:CGO) has a market capitalization of C$870.41 million and generates C$2.90 billion in revenue each year.
How many employees does Cogeco have?: The company employs 4,400 workers across the globe.
How can I contact Cogeco?: Cogeco's 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:CGO) was last updated on 10/1/2022 by MarketBeat.com Staff

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