Cogeco Communications (CGEAF) Stock Price, News & Analysis

Company Overview

Cogeco Communications Inc. is a Canadian telecommunications and media company offering a diversified portfolio of broadband, video and telephony services. Through its broadband segment, the company provides high-speed Internet access and digital television packages to residential and business customers. Cogeco Communications also delivers voice-over-IP (VoIP) telephony solutions, business data services and managed network services tailored to meet the needs of small, medium and enterprise clients.

Founded in 1957 by Henri Audet as a cable television operator in Trois-Rivières, Quebec, Cogeco Communications has expanded over six decades into one of Canada’s leading regional carriers. The company is a wholly owned subsidiary of Cogeco Inc., a family-controlled holding company. Over the years, Cogeco Communications has invested in network infrastructure upgrades, rolling out fibre-to-the-home (FTTH) in key markets and deploying multi-gigabit data centres under the Cogeco Peer 1 brand to support the growing demand for cloud-based applications and digital transformation.

Cogeco Communications serves markets across Ontario and Quebec in Canada, as well as select regions in the United States through its Atlantic Broadband division. In Canada, the company’s fibre-optic and hybrid fibre-coaxial networks deliver symmetrical upload and download speeds to residential neighbourhoods and commercial districts. In the U.S., Atlantic Broadband operates in communities along the East Coast and Gulf Coast, providing broadband Internet, digital TV and telephony along with business-class Ethernet, private line and dark fibre connectivity.

The company is led by Chief Executive Officer Louis Audet, supported by an experienced executive team with expertise in network operations, technology innovation and customer service. Under their stewardship, Cogeco Communications continues to enhance its network footprint, expand product offerings and pursue strategic partnerships to drive subscriber growth and support digital ecosystems for households and enterprises alike.

Key Stats

• Today's Range: $47.69 to $47.85
• 50-Day Range: $47.26 to $53.20
• 52-Week Range: $40.68 to $53.20
• Volume: 12,300 shs
• Average Volume: 8,300 shs
• Market Capitalization: N/A
• P/E Ratio: 10.89
• Dividend Yield: 2.61%
• Price Target: N/A
• Consensus Rating: Hold

Cogeco Communications Stock Analysis - MarketRank™

Cogeco Communications scored higher than 21% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Cogeco Communications.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cogeco Communications is 10.89, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.49.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cogeco Communications is 10.89, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 21.65.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Cogeco Communications has a short interest ratio ("days to cover") of 444.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Cogeco Communications has recently decreased by 2.59%, indicating that investor sentiment is improving.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Cogeco Communications pays a meaningful dividend of 1.99%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Cogeco Communications does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Cogeco Communications is 28.44%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Cogeco Communications has a short interest ratio ("days to cover") of 444.2, which indicates bearish sentiment.

Change versus previous month

Short interest in Cogeco Communications has recently decreased by 2.59%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.80

News Sentiment

Cogeco Communications has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.36 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Cogeco Communications this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Cogeco Communications insiders have not sold or bought any company stock.

Percentage Held by Institutions

41.92% of the stock of Cogeco Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CGEAF Stock Analysis - Frequently Asked Questions

How have CGEAF shares performed this year?

Cogeco Communications' stock was trading at $46.82 at the start of the year. Since then, CGEAF stock has increased by 2.2% and is now trading at $47.85.

How do I buy shares of Cogeco Communications?

Shares of CGEAF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Communication Services
• Industry: Telecom Services
• Sub-Industry: Financial Services
• Current Symbol: OTCMKTS:CGEAF
• CIK: N/A
• Web: corpo.cogeco.com
• Phone: (514) 764-4600
• Fax: N/A
• Employees: 4,070
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 10.89
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• 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: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A