Research Analysts Issue Forecasts for TSE:CCA Q1 Earnings

Cogeco Communications Inc. (TSE:CCA) – Analysts at National Bank Financial issued their Q1 2025 earnings per share estimates for shares of Cogeco Communications in a research report issued 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 research analysts also recently issued reports on the stock. BMO Capital Markets upped their price target on shares of Cogeco Communications from C$70.00 to C$80.00 in a research report on Monday, November 4th. National Bankshares upgraded shares of Cogeco Communications from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$64.00 to C$80.00 in a research report on Friday, September 20th. TD Securities increased their price target on shares of Cogeco Communications from C$85.00 to C$89.00 in a research note on Monday, November 4th. Canaccord Genuity Group upgraded shares of 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 report on Monday, November 4th. Finally, Royal Bank of Canada upped their price objective on Cogeco Communications from C$76.00 to C$79.00 in a report on Thursday, October 10th. Five investment 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 company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of C$75.50.

Cogeco Communications Price Performance

Shares of CCA stock opened at C$66.80 on Monday. Cogeco Communications has a 52 week low of C$50.82 and a 52 week high of C$75.09. The stock has a market capitalization of C$2.00 billion, a PE ratio of 8.53, a PEG ratio of 4.77 and a beta of 0.59. The company has a debt-to-equity ratio of 142.88, a quick ratio of 0.49 and a current ratio of 0.41. The stock’s fifty day moving average is C$70.20 and its 200-day moving average is C$63.50.

Cogeco Communications Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, November 28th. Investors of record on Thursday, November 28th were paid a dividend of $0.922 per share. The ex-dividend date of this dividend was Thursday, November 14th. This is a boost from Cogeco Communications’s previous quarterly dividend of $0.85. This represents a $3.69 dividend on an annualized basis and a dividend yield of 5.52%. Cogeco Communications’s payout ratio is 43.62%.

Insider Activity at Cogeco Communications

In other news, Director Robin Anne Bienenstock acquired 2,156 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The stock was purchased at an average price of C$69.66 per share, for a total transaction of C$150,189.33. Also, Director Jacques Royer sold 657 shares of the stock in a transaction on Wednesday, November 20th. The stock was 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 owns 1 shares in the company, valued at approximately C$68.86. This trade represents a 99.85 % decrease in their ownership of the stock. 0.46% of the stock is currently owned by corporate insiders.

About Cogeco Communications

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.