TSE:CCA FY2025 EPS Raised by National Bank Financial

Cogeco Communications Inc. (TSE:CCA) – Analysts at National Bank Financial raised their FY2025 earnings per share estimates for Cogeco Communications in a report released on Tuesday, January 14th. National Bank Financial analyst A. Shine now expects that the company will post earnings per share of $8.21 for the year, up from their previous estimate of $8.20. 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 $8.10 EPS.

CCA has been the subject of a number of other research reports. Canaccord Genuity Group raised shares of Cogeco Communications from a “hold” rating to a “buy” rating and boosted their price objective for the company from C$65.00 to C$77.00 in a research report on Monday, November 4th. National Bankshares raised Cogeco Communications from a “sector perform” rating to an “outperform” rating and lifted their price objective for the company from C$64.00 to C$80.00 in a research report on Friday, September 20th. CIBC lowered their price target on shares of Cogeco Communications from C$73.00 to C$71.00 in a report on Wednesday. Royal Bank of Canada raised their price objective on shares of Cogeco Communications from C$76.00 to C$79.00 in a research report on Thursday, October 10th. Finally, Scotiabank cut their price target on Cogeco Communications from C$77.50 to C$75.50 in a research note on Wednesday. Three research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$76.17.

Cogeco Communications Stock Performance

Shares of TSE CCA opened at C$62.44 on Friday. The company has a current ratio of 0.41, a quick ratio of 0.49 and a debt-to-equity ratio of 142.88. Cogeco Communications has a 12-month low of C$50.82 and a 12-month high of C$75.09. The firm has a market capitalization of C$1.87 billion, a price-to-earnings ratio of 7.96, a price-to-earnings-growth ratio of 4.77 and a beta of 0.59. The firm has a 50 day moving average of C$68.68 and a 200 day moving average of C$65.61.

Insider Buying and Selling at Cogeco Communications

In other Cogeco Communications news, Director Robin Anne Bienenstock purchased 2,156 shares of Cogeco Communications stock in a transaction that occurred on Friday, November 29th. The shares were bought 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 business’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of C$68.86, for a total value of C$45,241.02. Following the transaction, the director now directly owns 1 shares in the company, valued at approximately C$68.86. This represents a 99.85 % decrease in their position. Insiders own 0.46% of the company’s stock.

Cogeco Communications Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 28th. Shareholders of record on Thursday, November 28th were paid a $0.922 dividend. The ex-dividend date was Thursday, November 14th. This represents a $3.69 annualized dividend and a yield of 5.91%. This is a boost from Cogeco Communications’s previous quarterly dividend of $0.85. Cogeco Communications’s payout ratio is presently 43.62%.

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.