Research Analysts Offer Predictions for TSE:CCA Q1 Earnings

Cogeco Communications Inc. (TSE:CCA - Free Report) - Investment analysts at National Bank Financial issued their Q1 2025 earnings estimates for Cogeco Communications in a research note issued on Thursday, December 12th. National Bank Financial analyst A. Shine anticipates that the company will post earnings of $2.13 per share for the quarter. National Bank Financial has a "Strong-Buy" rating on the stock. The consensus estimate for Cogeco Communications' current full-year earnings is $8.49 per share. National Bank Financial also issued estimates for Cogeco Communications' FY2026 earnings at $8.11 EPS.

Several other research analysts have also commented on CCA. National Bankshares raised Cogeco Communications from a "sector perform" rating to an "outperform" rating and boosted their price objective for the stock from C$64.00 to C$80.00 in a report on Friday, September 20th. BMO Capital Markets upped their target price on shares of Cogeco Communications from C$70.00 to C$80.00 in a research report on Monday, November 4th. TD Securities raised their price target on Cogeco Communications from C$85.00 to C$89.00 in a research report on Monday, November 4th. Scotiabank upped their price objective on Cogeco Communications from C$73.50 to C$77.50 in a report on Monday, November 4th. Finally, Royal Bank of Canada raised their price objective on Cogeco Communications from C$76.00 to C$79.00 in a report on Thursday, October 10th. Five investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of C$75.50.

Cogeco Communications Price Performance

Shares of CCA stock traded down C$1.54 on Monday, reaching C$68.59. The company's stock had a trading volume of 44,111 shares, compared to its average volume of 74,266. Cogeco Communications has a 12-month low of C$50.82 and a 12-month high of C$75.09. The stock's 50 day simple moving average is C$70.27 and its 200-day simple moving average is C$63.41. The company has a quick ratio of 0.49, a current ratio of 0.41 and a debt-to-equity ratio of 142.88. The company has a market capitalization of C$2.06 billion, a P/E ratio of 8.75, a PEG ratio of 4.77 and a beta of 0.59.

Insider Transactions at Cogeco Communications

In related news, Director Robin Anne Bienenstock acquired 2,156 shares of Cogeco Communications stock in a transaction on Friday, November 29th. The shares were acquired at an average cost of C$69.66 per share, with a total value of C$150,189.33. Also, Director Jacques Royer sold 657 shares of the firm's stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of C$68.86, for a total transaction of C$45,241.02. Following the completion of the sale, the director now directly owns 1 shares of the company's stock, valued at approximately C$68.86. This represents a 99.85 % decrease in their ownership of the stock. Company insiders own 0.46% of the company's stock.

Cogeco Communications Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 28th. Stockholders of record on Thursday, November 28th were paid a dividend of $0.922 per share. This represents a $3.69 dividend on an annualized basis and a dividend yield of 5.38%. The ex-dividend date was Thursday, November 14th. This is a positive change from Cogeco Communications's previous quarterly dividend of $0.85. Cogeco Communications's dividend payout ratio is 43.62%.

About Cogeco Communications

Cogeco Communications Inc operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks.