COGECO Inc., through its subsidiaries, provides video, Internet, and telephony services to residential and business customers primarily in the United States and Canada. It operates in two segments, Communications and Other. The company also offers colocation, network connectivity, hosting, cloud, and a portfolio of managed services. In addition, it owns and operates 17 data centres; 13 radio stations; and Cogeco News, a news agency. The company provides its services under the Cogeco Connexion name in Quebec and Ontario; and Atlantic Broadband name in the United States. As of August 31, 2016, it provided video services to 982,955 customers, Internet services to 987,365 customers, and telephony services to 537,430 customers. COGECO Inc. was founded in 1957 and is headquartered in Montreal, Canada.
Industry, Sector and Symbol:
- Sector: Services
- Industry: CATV Systems
- Sub-Industry: N/A
- Symbol: TSE:CGO
- CUSIP: N/A
- Web: corpo.cogeco.com/
Capitalization:- Market Cap: C$1.31 billion
- Outstanding Shares: 16,538,000
Average Prices:- 50 Day Moving Avg: C$73.68
- 200 Day Moving Avg: C$66.77
- 52 Week Range: C$47.55 - C$79.26
P/E:- Trailing P/E Ratio: 11.35
- P/E Growth: 2.22
Sales & Book Value:- Annual Revenue: C$2.34 billion
- Price / Sales: 0.56
- Book Value: C$34.46 per share
- Price / Book: 2.29
Dividend:
Profitability:- EBIDTA: C$1.04 billion
- Net Margins: 13.69%
- Return on Equity: 21.54%
- Return on Assets: 5.99%
Misc:- Average Volume: 11,229 shs.
- Short Ratio: 1.12
Frequently Asked Questions for Cogeco (TSE:CGO)
What is Cogeco's stock symbol?
Cogeco trades on the Tornton Stock Exchange (TSX) under the ticker symbol "CGO."
How often does Cogeco pay dividends? What is the dividend yield for Cogeco?
Cogeco announced a quarterly dividend on Monday, July 17th. Investors of record on Thursday, July 27th will be given a dividend of 0.34 per share on Thursday, August 10th. This represents a $1.36 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date is Tuesday, July 25th. This is a boost from Cogeco's previous quarterly dividend of $0.20. View Cogeco's Dividend History.
How were Cogeco's earnings last quarter?
Cogeco Inc. (TSE:CGO) issued its quarterly earnings results on Tuesday, July, 14th. The company reported $1.10 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.39 by $0.29. The firm earned $557.79 million during the quarter. Cogeco had a net margin of 13.69% and a return on equity of 21.54%. View Cogeco's Earnings History.
When will Cogeco make its next earnings announcement?
Where is Cogeco's stock going? Where will Cogeco's stock price be in 2017?
4 analysts have issued 12 month price targets for Cogeco's stock. Their forecasts range from C$60.00 to C$95.00. On average, they expect Cogeco's stock price to reach C$73.75 in the next year. View Analyst Ratings for Cogeco.
Who are some of Cogeco's key competitors?
Some companies that are related to Cogeco include Enercare (ECI), Great Canadian Gaming Corp (GC), Hudson's Bay Co (HBC), North West Company (NWC), First Majestic Silver Corp. (FR), Golfsmith International Holdings (GOLF), Morneau Shepell (MSI), MTY Food Group (MTY), Exchange Income (EIF), Dalata Hotel Group Plc (DAL), Student Transportation (STB), Trevali Mining Corp (TV), AGT Food and Ingredients (AGT), Cargojet (CJT), Wajax Corp (WJX), K Bro Linen (KBL), Aimia (AIM) and Information Services Corp (ISV).
Who are Cogeco's key executives?
Cogeco's management team includes the folowing people:
- Jan E. Peeters, Independent Chairman of the Board
- Louis Audet, President, Chief Executive Officer, Director
- Patrice Ouimet, Chief Financial Officer, Senior Vice President
- Richard Lachance, President and Chief Executive Officer of Cogeco Diffusion Inc.
- Luc Noiseux, Senior Vice President, Chief Technology and Strategy Officer
- Christian Jolivet, Vice President - Corporate Affairs, Chief Legal Officer, Secretary
- Rene Guimond, Vice President - Public Affairs and Communications
- Diane Nyisztor, Vice President - Corporate Human Resources
- Elisabetta Bigsby, Independent Director
- Pierre L. Comtois, Independent Director
How do I buy Cogeco stock?
Shares of Cogeco and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
What is Cogeco's stock price today?
One share of Cogeco stock can currently be purchased for approximately C$78.98.
MarketBeat Community Rating for Cogeco (TSE CGO)MarketBeat's community ratings are surveys of what our community members think about Cogeco and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Cogeco (TSE:CGO) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | C$73.75 |
Analysts' Ratings History for Cogeco (TSE:CGO)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 7/17/2017 | TD Securities | Boost Price Target | Buy | C$89.00 -> C$95.00 |  |
| 7/4/2017 | Royal Bank Of Canada | Reiterated Rating | Sector Perform | | |
| 4/11/2017 | Barclays PLC | Boost Price Target | | C$56.00 -> C$60.00 | |
| 1/13/2017 | CIBC | Boost Price Target | | C$61.00 -> C$64.00 | |
| 1/14/2016 | Canaccord Genuity | Boost Price Target | | C$80.00 -> C$81.00 | |
(Data available from 8/17/2015 forward)
Earnings History for Cogeco (TSE:CGO)Earnings History by Quarter for Cogeco (TSE CGO)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/31/2017 | | $1.34 | | | | | N/A | |
| 7/14/2015 | Q3 | $1.39 | $1.10 | | $557.79 million | View | Listen | |
| 7/9/2014 | | $1.32 | $2.04 | | $536.07 million | View | N/A | |
| 4/11/2014 | | $1.00 | $1.03 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Cogeco (TSE:CGO)Current Year EPS Consensus Estimate: $6.41 EPS
Dividend History by Quarter for Cogeco (TSE CGO)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 7/17/2017 | Quarterly | $0.34 | 1.78% | 7/25/2017 | 7/27/2017 | 8/10/2017 |
| 7/14/2015 | Quarterly | $0.20 | 1.77% | 7/24/2015 | 7/28/2015 | 8/11/2015 |
| 4/8/2015 | Quarterly | $0.20 | 1.81% | 4/20/2015 | 4/22/2015 | 5/6/2015 |
| 1/23/2015 | Quarterly | $0.26 | 1.75% | 1/23/2015 | 2/10/2015 | 2/10/2015 |
| 11/12/2014 | Quarterly | $0.26 | 1.81% | 11/12/2014 | 11/28/2014 | 11/28/2014 |
| 7/21/2014 | Quarterly | $0.22 | 1.6% | 7/21/2014 | 8/6/2014 | 8/6/2014 |
| 4/9/2014 | quarterly | $0.22 | 1.56% | 4/21/2014 | 4/23/2014 | 5/7/2014 |
| 1/13/2014 | | $0.20 | | 1/23/2014 | 1/27/2014 | 2/10/2014 |
| 1/23/2014 | Quarterly | $0.22 | 1.81% | 1/23/2014 | 2/10/2014 | 2/10/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Cogeco (TSE:CGO)Insider Trades by Quarter for Cogeco (TSE:CGO)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 8/2/2017 | Elizabeth Alves | Insider | Sell | 474 | C$75.80 | C$35,929.20 | |
| 4/13/2017 | Elizabeth Alves | Insider | Sell | 91 | C$65.10 | C$5,924.10 | |
| 2/25/2016 | Gestion Audem Inc. | Insider | Sell | 144,090 | C$51.38 | C$7,403,344.20 | |
| 2/23/2016 | Nathalie Dorval | Insider | Sell | 137 | C$53.85 | C$7,377.45 | |
| 1/20/2016 | Elizabeth Alves | Insider | Sell | 117 | C$49.01 | C$5,733.94 | |
| 1/18/2016 | James Charles Cherry | Director | Buy | 450 | C$49.40 | C$22,230.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Cogeco (TSE:CGO)
Latest Headlines for Cogeco (TSE:CGO)
| Source: |
|
| Date | Headline |
|---|
 | Edited Transcript of CGO.TO earnings conference call or presentation 14-Jul-17 3:00pm GMT
finance.yahoo.com - August 16 at 5:35 PM |
 | IGM Highs 52-Week High on Earnings - Baystreet.ca
www.baystreet.ca - August 3 at 6:41 PM |
 | Insider Selling: Cogeco Inc. (CGO) Insider Sells 474 Shares of Stock
www.americanbankingnews.com - August 3 at 1:24 PM |
| Cogeco, Inc. :CGO-CA: Earnings Analysis: Q3, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 2 at 5:52 PM |
| Cogeco Announces Renewal of its Normal Course Issuer Bid
finance.yahoo.com - July 31 at 5:06 PM |
| Cogeco, Fairfax at 52-Week Highs - Baystreet.ca
www.baystreet.ca - July 25 at 5:06 PM |
| Baystreet.ca - Cogeco, Fairfax at 52-Week Highs - Baystreet.ca
www.baystreet.ca - July 20 at 1:43 AM |
| Cogeco Inc. (CGO) Raises Dividend to $0.34 Per Share
www.americanbankingnews.com - July 18 at 1:04 PM |
| Cogeco Inc. (CGO) Price Target Raised to C$95.00 at TD Securities
www.americanbankingnews.com - July 17 at 9:02 PM |
| Edited Transcript of CGO.TO earnings conference call or presentation 14-Jul-17 3:00pm GMT
finance.yahoo.com - July 15 at 12:14 AM |
 | Cogeco Inc.’s Q3 Earnings Beat Estimates
www.fool.ca - July 14 at 7:11 PM |
 | Cogeco Inc. Releases its Results for the Third Quarter of Fiscal 2017 - Benzinga
www.benzinga.com - July 13 at 6:13 PM |
| Cogeco Inc. Releases its Results for the Third Quarter of Fiscal 2017
finance.yahoo.com - July 13 at 6:12 PM |
| Cogeco, Inc. breached its 50 day moving average in a Bullish Manner : CGO-CA : June 23, 2017
finance.yahoo.com - June 23 at 4:52 PM |
| Cogeco, Inc. breached its 50 day moving average in a Bearish Manner : CGO-CA : June 12, 2017
finance.yahoo.com - June 13 at 12:42 PM |
 | Cogeco (CGO) Shares Cross 2% Yield Mark
www.thestreet.com - June 6 at 9:29 PM |
| Cogeco, Descartes, Cineplex Out with News, Hit 52-Week High
www.baystreet.ca - May 2 at 12:36 PM |
| Cogeco Inc. (CGO) Price Target Increased to C$60.00 by Analysts at Barclays PLC
www.americanbankingnews.com - April 14 at 4:01 PM |
| Cogeco Inc. (CGO) PT Raised to C$89.00
www.americanbankingnews.com - April 10 at 3:17 PM |
| Cogeco, Inc. breached its 50 day moving average in a Bullish Manner : CGO-CA : April 10, 2017
finance.yahoo.com - April 10 at 12:23 PM |
| Edited Transcript of CGO.TO earnings conference call or presentation 7-Apr-17 3:00pm GMT
finance.yahoo.com - April 8 at 10:39 AM |
| Royal Bank of Canada Reiterates "Sector Perform" Rating for Cogeco Inc. (CGO)
www.americanbankingnews.com - April 7 at 4:50 PM |
| Morning News Call - Canada, April 6
finance.yahoo.com - April 7 at 4:15 PM |
| Cogeco Inc. Releases Its Results for the Second Quarter of Fiscal 2017
finance.yahoo.com - April 7 at 8:56 AM |
| Cogeco Inc. (CGO) Set to Announce Earnings on Thursday
www.americanbankingnews.com - April 5 at 7:03 AM |
| Rocky Mountain, Fortress at 52-Week High
www.baystreet.ca - January 20 at 5:25 PM |
| Cogeco Inc. Announces Voting Results on the Election of Directors Held During its Annual Shareholders' Meeting
finance.yahoo.com - January 13 at 4:58 PM |
| Edited Transcript of CGO.TO earnings conference call or presentation 12-Jan-17 2:30pm GMT
finance.yahoo.com - January 12 at 9:37 PM |
| Q1 2017 COGECO Inc Earnings Release - After Market Close
biz.yahoo.com - January 11 at 4:42 PM |
| Edited Transcript of CGO.TO earnings conference call or presentation 3-Nov-16 6:00pm GMT
finance.yahoo.com - November 4 at 12:56 PM |
Cogeco (CGO) Chart for Thursday, August, 17, 2017
