National Bank Financial Estimates TSE:CCA Q1 Earnings

Cogeco Communications Inc. (TSE:CCA) – Stock analysts at National Bank Financial issued their Q1 2025 earnings estimates for Cogeco Communications in a report released on Thursday, December 12th. National Bank Financial analyst A. Shine forecasts that the company will earn $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 equities research analysts have also commented on CCA. Canaccord Genuity Group upgraded Cogeco Communications from a “hold” rating to a “buy” rating and boosted their price objective for the stock from C$65.00 to C$77.00 in a research note on Monday, November 4th. National Bankshares raised Cogeco Communications from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from C$64.00 to C$80.00 in a research note on Friday, September 20th. BMO Capital Markets raised their price objective on Cogeco Communications from C$70.00 to C$80.00 in a report on Monday, November 4th. Royal Bank of Canada increased their target price on shares of Cogeco Communications from C$76.00 to C$79.00 in a research report on Thursday, October 10th. Finally, Scotiabank boosted their price target on shares of Cogeco Communications from C$73.50 to C$77.50 in a research report on Monday, November 4th. Five equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$75.50.

Cogeco Communications Stock Down 0.6 %

CCA stock opened at C$70.13 on Monday. The stock has a market capitalization of C$2.10 billion, a P/E ratio of 8.95, a P/E/G ratio of 4.77 and a beta of 0.59. Cogeco Communications has a 52 week low of C$50.82 and a 52 week high of C$75.09. The firm has a 50-day simple moving average of C$70.27 and a 200-day simple moving average of 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.

Insider Activity

In other Cogeco Communications news, Director Jacques Royer sold 657 shares of Cogeco Communications stock in a transaction dated Wednesday, November 20th. The shares were 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 in the company, valued at C$68.86. This trade represents a 99.85 % decrease in their ownership of the stock. Also, Director Robin Anne Bienenstock purchased 2,156 shares of Cogeco Communications stock in a transaction dated Friday, November 29th. The stock was bought at an average cost of C$69.66 per share, for a total transaction of C$150,189.33. Corporate insiders own 0.46% of the company’s stock.

Cogeco Communications Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 28th. Shareholders of record on Thursday, November 28th were issued a $0.922 dividend. This represents a $3.69 annualized dividend and a yield of 5.26%. This is a positive change from Cogeco Communications’s previous quarterly dividend of $0.85. The ex-dividend date was Thursday, November 14th. Cogeco Communications’s payout ratio is presently 43.62%.

Cogeco Communications Company Profile

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.