Cogeco Communications (CGEAF) Stock Price, News & Analysis

Company Overview

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. It also provides Internet packages comprising best-in-class managed Wi-Fi and with home Wi-Fi solutions; voice services; and other advanced network connectivity services, such as dedicated fibre, session initiation protocol (SIP) or primary rate interface (PRI) trunking solutions, hosted private branch exchange (HPBX) solutions, and managed business Wi-Fi (MBW) through its long-distance fibre optic systems, advanced hybrid fibre-coaxial (HFC) telecommunications distribution networks, point-to-point fibre networks, and fibre-to-the-home (FTTH) network technologies. In addition, the company offers e-mail solutions and Internet security suite to Internet customers with automatic updates to protect their desktop and mobile devices; and self-installation devices on a rental basis. Further, it provides cable operator services under the Cogeco Connexion name in Québec and Ontario, Canada; and in the United States under the Breezeline brand. The company was formerly known as Cogeco Cable Inc. and changed its name to Cogeco Communications Inc. in January 2016. Cogeco Communications Inc. was founded in 1957 and is headquartered in Montreal, Canada. Cogeco Communications Inc. operates as a subsidiary of Cogeco Inc.

Key Stats

• Today's Range: $50.39 to $51.57
• 50-Day Range: $47.60 to $52.00
• 52-Week Range: $37.15 to $52.00
• Volume: 14,827 shs
• Average Volume: 8,968 shs
• Market Capitalization: N/A
• P/E Ratio: 11.46
• Dividend Yield: 2.48%
• Price Target: N/A
• Consensus Rating: N/A

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 11.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.90.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cogeco Communications is 11.46, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 320.34.

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 273.9, which indicates bearish sentiment.

Change versus previous month

Short interest in Cogeco Communications has recently decreased by 1.33%, 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 273.9, which indicates bearish sentiment.

Change versus previous month

Short interest in Cogeco Communications has recently decreased by 1.33%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.86

News Sentiment

Cogeco Communications has a news sentiment score of 0.86. 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 0.34 average news sentiment score of Communication Services companies.

News Coverage This Week

MarketBeat has tracked 4 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 $44.80 on January 1st, 2024. Since then, CGEAF shares have increased by 12.5% and is now trading at $50.39.
View the best growth stocks for 2024 here.

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.
Compare Top Brokerages Here.

Industry, Sector and Symbol

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

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 11.46
• 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