TSE:CCA FY2025 EPS Estimate Cut by National Bank Financial

Cogeco Communications Inc. (TSE:CCA) – Research analysts at National Bank Financial cut their FY2025 EPS estimates for Cogeco Communications in a note issued to investors on Thursday, March 27th. National Bank Financial analyst A. Shine now anticipates that the company will earn $8.20 per share for the year, down from their prior forecast of $8.21. The consensus estimate for Cogeco Communications’ current full-year earnings is $8.49 per share.

Other analysts also recently issued reports about the stock. CIBC reduced their target price on shares of Cogeco Communications from C$73.00 to C$71.00 in a research report on Wednesday, January 15th. Scotiabank cut their price target on Cogeco Communications from C$77.50 to C$75.50 in a research note on Wednesday, January 15th. Three equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$76.17.

Cogeco Communications Stock Down 1.2 %

CCA stock opened at C$68.40 on Monday. The company has a market capitalization of C$2.87 billion, a price-to-earnings ratio of 8.28, a price-to-earnings-growth ratio of 4.77 and a beta of 0.59. The company has a debt-to-equity ratio of 159.35, a quick ratio of 0.49 and a current ratio of 0.37. The business’s 50 day moving average price is C$64.84 and its two-hundred day moving average price is C$67.36. Cogeco Communications has a fifty-two week low of C$50.82 and a fifty-two week high of C$75.09.

Cogeco Communications Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, February 10th were given a $0.922 dividend. This represents a $3.69 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date was Monday, January 27th. Cogeco Communications’s dividend payout ratio (DPR) is presently 41.40%.

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.