Cogeco Communications (CCA) Stock Price, News & Analysis

Company Overview

Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides residential and business customers with internet, video, and telephony services with broadband fibre networks. The reportable segments of the company are Canadian broadband services and American broadband services. In internet services, the company offers internet packages with download speeds of up to 120mbps. In video services, the company provides digital tier services, pay-per-view channels, video on-demand services, and 4k television, and telephony services include using internet protocol to transport digitized voice signals.

Key Stats

• Today's Range: C$61.57 to C$62.92
• 50-Day Range: C$62.39 to C$72.86
• 52-Week Range: C$59.10 to C$75.09
• Volume: 113,103 shs
• Average Volume: 83,823 shs
• Market Capitalization: C$2.63 billion
• P/E Ratio: 7.58
• Dividend Yield: 5.46%
• Price Target: C$77.44
• Consensus Rating: Moderate Buy

Cogeco Communications Stock Analysis - MarketRank™

Cogeco Communications scored higher than 61% 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: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Cogeco Communications has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Cogeco Communications has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Cogeco Communications is 7.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Cogeco Communications is 7.58, which means that it is trading at a less expensive P/E ratio than the Communication Services sector average P/E ratio of about 21.32.

Price to Earnings Growth Ratio

Cogeco Communications has a PEG Ratio of 4.77. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Cogeco Communications has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CCA.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Cogeco Communications is a leading dividend payer. It pays a dividend yield of 5.49%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Cogeco Communications is 41.40%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

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

Short Interest

There is no current short interest data available for CCA.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: 0.87

News Sentiment

Cogeco Communications has a news sentiment score of 0.87. 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 0.43 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 2 articles on an average week.

Search Interest

6 people have searched for CCA on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

MarketBeat Follows

2 people have added Cogeco Communications to their MarketBeat watchlist in the last 30 days.

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 Insiders

Only 0.46% of the stock of Cogeco Communications is held by insiders.

Percentage Held by Institutions

43.42% of the stock of Cogeco Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

CCA Stock Analysis - Frequently Asked Questions

How have CCA shares performed this year?

Cogeco Communications' stock was trading at C$67.35 on January 1st, 2025. Since then, CCA shares have decreased by 7.0% and is now trading at C$62.61.

How were Cogeco Communications' earnings last quarter?

Cogeco Communications Inc. (TSE:CCA) announced its quarterly earnings data on Thursday, October, 31st. The company reported $2.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.79 by $0.56. Cogeco Communications had a net margin of 11.68% and a trailing twelve-month return on equity of 11.56%.
Read the conference call transcript.

How do I buy shares of Cogeco Communications?

Shares of CCA stock 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.

What other stocks do shareholders of Cogeco Communications own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Cogeco Communications investors own include Constellation Software (CSU), Intact Financial (IFC), AutoCanada (ACQ), AbbVie (ABBV), Alimentation Couche-Tard (ATD.B), Toronto-Dominion Bank (TD) and Enbridge (ENB).

Company Calendar

• Last Earnings: 10/31/2024
• Ex-Dividend for 5/7 Dividend: 4/23/2025
• Record date for 5/7 Dividend: 5/07/2025
• Dividend Payable: 5/07/2025
• Ex-Dividend for 8/12 Dividend: 7/29/2025
• Today: 8/01/2025
• Record date for 8/12 Dividend: 8/12/2025
• Dividend Payable: 8/12/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Communication Services
• Industry: Telecom Services
• Sub-Industry: Financial Services
• Current Symbol: TSE:CCA
• CIK: N/A
• Web: corpo.cogeco.com
• Phone: +1-514-7644700
• Fax: N/A
• Employees: 4,070
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Cogeco Communications: C$77.44
• High Price Target: C$89.00
• Low Price Target: C$71.00
• Potential Upside/Downside: +23.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Trailing Twelve Months): C$8.26
• Trailing P/E Ratio: 7.58
• Forward P/E Ratio: 7.37
• P/E Growth: 4.77
• Net Income: C$346.48 million
• Net Margins: 11.68%
• Pretax Margin: N/A
• Return on Equity: 11.56%
• Return on Assets: 4.96%

Debt

• Debt-to-Equity Ratio: 159.35
• Current Ratio: 0.37
• Quick Ratio: 0.49

Sales & Book Value

• Annual Sales: C$2.97 billion
• Price / Sales: 0.89
• Cash Flow: C$6.76 per share
• Price / Cash Flow: 9.26
• Book Value: C$86.17 per share
• Price / Book: 0.73

Miscellaneous

• Outstanding Shares: 42,029,454
• Free Float: N/A
• Market Cap: C$2.63 billion
• Optionable: Not Optionable
• Beta: 0.59