TSE:CGO

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

C$93.38

+1.18 (+1.28 %)

(As of 02/26/2021 04:30 PM ET)

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Today's Range

C$91.85

Now: C$93.38▼

C$93.65

50-Day Range

C$78.87

MA: C$90.52▼

C$97.78

52-Week Range

C$70.95

Now: C$93.38▼

C$105.99

Volume28,546 shs

Average Volume35,483 shs

Market CapitalizationC$1.49 billion

P/E Ratio10.90

Dividend Yield2.33%

BetaN/A

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 QuÃ©bec; and Cogeco News, a news agency. It serves primary service units, Internet, video, and telephony service customers. The company was founded in 1957 and is headquartered in Montreal, Canada. Cogeco Inc. is a subsidiary of Gestion Audem Inc.

Headlines

Desjardins Insurance invests $1 million to support small businesses across Canada
January 27, 2021 | finance.yahoo.com

Cogeco Reports Strong Performance For The First Quarter Of Fiscal 2021
January 15, 2021 | finance.yahoo.com

Reminder: Cogeco Inc. and Cogeco Communications Inc. Virtual Annual Shareholders' Meetings for 2020, and the Release of Their Financial Results for the First Quarter of Fiscal 2021 and Related Conference Call
January 13, 2021 | finance.yahoo.com

Cogeco Gives Back to the Community as Part of the 2020 United Way / Centraide Campaign
December 17, 2020 | finance.yahoo.com

Cogeco Announces the Departure of the President of its Radio Subsidiary, Cogeco Media
December 14, 2020 | finance.yahoo.com

Cogeco Inc. and Cogeco Communications Inc. Schedule the Release of their Financial Results for the First Quarter of Fiscal 2021 and Related Conference Call
December 3, 2020 | finance.yahoo.com

Why Cogeco (TSX:CGO) Stock Is the Perfect Investment for Your TFSA
November 2, 2020 | msn.com

Canadian All-Star Stocks: Dividend Increases - Week Of Nov 2
November 1, 2020 | seekingalpha.com

Cogeco reports fourth-quarter profit edges lower, revenue up from year ago
October 28, 2020 | msn.com

Cogeco, Inc. to Host Earnings Call
October 28, 2020 | finance.yahoo.com

Cogeco Reports Strong Performance for the Fourth Quarter of Fiscal 2020
October 28, 2020 | finance.yahoo.com

Bay Street Seen Opening On Slightly Positive Note
October 19, 2020 | nasdaq.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE

Industry Telecom Services

Sub-IndustryN/A

SectorCommunication Services

Current SymbolTSE:CGO

Previous Symbol

CUSIPN/A

CIKN/A

Webcorpo.cogeco.com

Phone+1-514-7644700

Employees3,740

Year FoundedN/A

Debt

Debt-to-Equity Ratio115.73

Current Ratio1.45

Quick Ratio1.32

Price-To-Earnings

Trailing P/E Ratio10.90

Forward P/E Ratio9.65

P/E Growth-0.44

Sales & Book Value

Annual SalesC$2.51 billion

Price / Sales0.60

Cash FlowC$27.02 per share

Price / Cash Flow3.46

Book ValueC$49.89 per share

Price / Book1.87

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares16,002,000

Market CapC$1.49 billion

Next Earnings Date4/6/2021 (Estimated)

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.66 out of 5 stars

3.5 Analyst's Opinion

Consensus Rating
Cogeco Inc. (CGO.TO) has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$118.50, Cogeco Inc. (CGO.TO) has a forecasted upside of 26.9% from its current price of C$93.38.
Amount of Analyst Coverage
Cogeco Inc. (CGO.TO) has only been the subject of 1 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Cogeco Inc. (CGO.TO) has received 209 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Cogeco Inc. (CGO.TO) has received 202 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Cogeco Inc. (CGO.TO) has received 50.85% “outperform” votes from our community.

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

1.7 Dividend Strength

Dividend Yield
Cogeco Inc. (CGO.TO) pays a meaningful dividend of 2.33%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Cogeco Inc. (CGO.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Cogeco Inc. (CGO.TO) is 25.44%. 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 Inc. (CGO.TO) insiders have not sold or bought any company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Cogeco Inc. (CGO.TO) is 10.90, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.51.
Price to Earnings Ratio vs. Sector
The P/E ratio of Cogeco Inc. (CGO.TO) is 10.90, which means that it is trading at a more expensive P/E ratio than the Communication Services sector average P/E ratio of about 4.12.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Cogeco Inc. (CGO.TO), their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Cogeco Inc. (CGO.TO) has a P/B Ratio of 1.87. 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

C$93.38

+1.18 (+1.28 %)

(As of 02/26/2021 04:30 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Cogeco Inc. (CGO.TO) (TSE:CGO) Frequently Asked Questions

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

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cogeco Inc. (CGO.TO) in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Cogeco Inc. (CGO.TO) stock.
View analyst ratings for Cogeco Inc. (CGO.TO) or view top-rated stocks.

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

Wall Street analysts have given Cogeco Inc. (CGO.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 Inc. (CGO.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Cogeco Inc. (CGO.TO)'s next earnings date?

Cogeco Inc. (CGO.TO) is scheduled to release its next quarterly earnings announcement on Tuesday, April 6th 2021.
View our earnings forecast for Cogeco Inc. (CGO.TO).

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

Cogeco Inc. (CGO.TO) (TSE:CGO) released its quarterly earnings data on Thursday, January, 14th. The company reported $2.53 earnings per share (EPS) for the quarter. The firm had revenue of $646.36 million for the quarter.
View Cogeco Inc. (CGO.TO)'s earnings history.

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

Cogeco Inc. (CGO.TO)'s stock was trading at C$87.68 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CGO shares have increased by 6.5% and is now trading at C$93.38.
View which stocks have been most impacted by COVID-19.

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

Cogeco Inc. (CGO.TO) announced a quarterly dividend on Wednesday, April 8th. Investors of record on Tuesday, April 21st will be given a dividend of 0.475 per share on Tuesday, May 5th. This represents a $1.90 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date of this dividend is Monday, April 20th. This is an increase from Cogeco Inc. (CGO.TO)'s previous quarterly dividend of C$0.34.
View Cogeco Inc. (CGO.TO)'s dividend history.

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

Cogeco Inc. (CGO.TO) pays an annual dividend of C$1.97 per share and currently has a dividend yield of 2.33%. The dividend payout ratio of Cogeco Inc. (CGO.TO) is 22.99%. This payout ratio is at a healthy, sustainable level, below 75%.
View Cogeco Inc. (CGO.TO)'s dividend history.

What price target have analysts set for CGO?

1 brokers have issued twelve-month price objectives for Cogeco Inc. (CGO.TO)'s shares. Their forecasts range from C$97.00 to C$140.00. On average, they anticipate Cogeco Inc. (CGO.TO)'s share price to reach C$118.50 in the next year. This suggests a possible upside of 26.9% from the stock's current price.
View analysts' price targets for Cogeco Inc. (CGO.TO) or view top-rated stocks among Wall Street analysts.

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

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

Mr. Louis V. Audet CM, M.B.A., Eng., MBA, C.M., Exec. Chairman (Age 70, Pay $1.55M)
Mr. Philippe Jette Eng., P.Eng, Pres, CEO & Director (Age 56, Pay $1.86M)
Mr. Patrice Ouimet B.Com., C.A., CPA, CPA, CA, Sr. VP & CFO
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)
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. Elina Tea C.F.A., VP of Corp. Devel. (Age 44)
Ms. Diane Nyisztor C.A., CPA, CPA, CA, H.R.C.C.C., Sr. VP & Chief HR Officer (Age 54)
Mr. Richard Lachance, Special Advisor & Interim Pres of Cogeco Media

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

Some companies that are related to Cogeco Inc. (CGO.TO) include Cogeco Communications (CCA), 1&1 Drillisch (DRI), Airtel Africa (AAF), Inmarsat (ISAT), Helios Towers plc (HTWS.L) (HTWS), Spirent Communications (SPT), TalkTalk Telecom Group (TALK), Radius Global Infrastructure (RADI), KCOM Group (KCOM), Tele Columbus (TC1), QSC AG (QSC.F) (QSC), Manx Telecom (MANX), Zegona Communications (ZEG), COMSovereign (COMS) and Bigblu Broadband (BBB).
View all of CGO's competitors.

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

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

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

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

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

Shares of CGO 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 Inc. (CGO.TO)'s stock price today?

One share of CGO stock can currently be purchased for approximately C$93.38.

How much money does Cogeco Inc. (CGO.TO) make?

Cogeco Inc. (CGO.TO) has a market capitalization of C$1.49 billion and generates C$2.51 billion in revenue each year.

How many employees does Cogeco Inc. (CGO.TO) have?

Cogeco Inc. (CGO.TO) employs 3,740 workers across the globe.

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

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

Where are Cogeco Inc. (CGO.TO)'s headquarters?

Cogeco Inc. (CGO.TO) is headquartered at 1700-5 Ville-Marie Pl, MONTREAL, QC H3B 0B3, Canada.

How can I contact Cogeco Inc. (CGO.TO)?

Cogeco Inc. (CGO.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 3/1/2021 by MarketBeat.com Staff

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