FY2025 EPS Estimates for TSE:CCA Decreased by Analyst

Cogeco Communications Inc. (TSE:CCA - Free Report) - Equities researchers at National Bank Financial dropped their FY2025 earnings per share estimates for Cogeco Communications in a research report issued to clients and investors on Thursday, March 27th. National Bank Financial analyst A. Shine now forecasts that the company will earn $8.20 per share for the year, down from their prior estimate of $8.21. The consensus estimate for Cogeco Communications' current full-year earnings is $8.49 per share.

Several other brokerages have also recently issued reports on CCA. Scotiabank dropped their target price on shares of Cogeco Communications from C$77.50 to C$75.50 in a report on Wednesday, January 15th. CIBC lowered their price target on Cogeco Communications from C$73.00 to C$71.00 in a report on Wednesday, January 15th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Cogeco Communications has an average rating of "Moderate Buy" and an average price target of C$76.17.

Cogeco Communications Trading Up 0.0 %

Shares of CCA traded up C$0.03 during trading hours on Monday, reaching C$69.12. 64,344 shares of the company traded hands, compared to its average volume of 108,699. The firm has a market cap of C$2.91 billion, a price-to-earnings ratio of 8.37, a PEG ratio of 4.77 and a beta of 0.59. Cogeco Communications has a 12-month low of C$50.82 and a 12-month high of C$75.09. The stock's fifty day moving average price is C$65.48 and its 200 day moving average price is C$67.49. The company has a current ratio of 0.37, a quick ratio of 0.49 and a debt-to-equity ratio of 159.35.

Cogeco Communications Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 10th. Stockholders of record on Monday, February 10th were given a dividend of $0.922 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $3.69 annualized dividend and a dividend yield of 5.34%. Cogeco Communications's dividend payout ratio is presently 41.40%.

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.