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DOW   39,807.37
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Stock market today: Asian shares are mostly higher after another set of Wall St records
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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
TSE:CGO

Cogeco (CGO) Stock Price, News & Analysis

C$56.90
-0.48 (-0.84%)
(As of 03/28/2024 ET)
Today's Range
C$56.45
C$57.46
50-Day Range
C$55.21
C$61.78
52-Week Range
C$44.62
C$62.65
Volume
15,861 shs
Average Volume
24,705 shs
Market Capitalization
C$457.48 million
P/E Ratio
14.05
Dividend Yield
6.01%
Price Target
C$75.00

Cogeco MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
31.8% Upside
C$75.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.62 out of 5 stars

CGO stock logo

About Cogeco Stock (TSE:CGO)

Cogeco Inc., through its subsidiaries, operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Canadian Telecommunications and American Telecommunications. It provides a range of Internet, video, and phone services through advanced fibre optic and two-way telecommunications distribution networks primarily to residential customers, as well as business services under the Cogeco Connexion name in Quebec and Ontario; and Breezeline brand in the United States. The company also provides advanced network connectivity services, such as dedicated fibre, session initiation protocol, primary rate interface, trunking solutions, and hosted private branch exchange solutions, as well as managed business Wi-Fi. In addition, it owns and operates 21 radio stations with complementary radio formats and coverage serving a range of audiences primarily across the province of Québec; and Cogeco News, a news agency. It serves primary service units, including Internet, video, and telephony service customers. The company was incorporated in 1957 and is headquartered in Montreal, Canada. Cogeco Inc. is a subsidiary of Gestion Audem Inc.

CGO Stock Price History

CGO Stock News Headlines

Closing Bell: Cogeco Inc Sv flat on Friday (CGO)
Stocks in play: Cogeco Communications Inc.
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
CGO:CA Cogeco Inc.
Cogeco Inc Shs Subord.voting
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Cogeco Communications Inc.
Cogeco’s Profit Declines 18% In Latest Quarter
Rogers Communications sells all its Cogeco stock
Cogeco Inc Shs Subord.voting CGO
See More Headlines
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Company Calendar

Last Earnings
1/10/2024
Ex-Dividend for 2/7 Dividend
1/23/2024
Dividend Payable
2/07/2024
Today
3/29/2024
Next Earnings (Confirmed)
4/11/2024

Industry, Sector and Symbol

Industry
Telecom Services
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
4,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$75.00
High Stock Price Target
C$92.00
Low Stock Price Target
C$58.00
Potential Upside/Downside
+31.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
C$63.09 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$3.07 billion
Cash Flow
C$22.81 per share
Book Value
C$60.77 per share

Miscellaneous

Free Float
N/A
Market Cap
C$457.48 million
Optionable
Not Optionable
Beta
0.26
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Key Executives

  • Mr. Philippe Jette Eng. (Age 59)
    P.Eng, President, CEO & Director
    Comp: $2.17M
  • Mr. Patrice Ouimet B.Com.
    C.A., CPA, FCPA, Senior VP & CFO
  • Mr. Frederic Perron B.Com.
    President of Cogeco Connexion
  • Mr. Frank H. M. van der Post B.S. (Age 63)
    M.S., President of Breezeline
    Comp: $1.2M
  • Mr. Tim Dinesen
    Senior VP & CTO
  • Troy Crandall
    Head of Investor Relations
  • Ms. Valery Zamuner CA (Age 49)
    CFA, ICD.D, LLB, M.B.A., Senior VP, Secretary and Chief Corporate Affairs & Legal Officer
  • Mr. Francois-Philippe Lessard C.F.A.
    Vice President of Corporate Development
  • Ms. Linda Gillespie
    Senior VP & Chief Human Resources Officer
  • Ms. Caroline Paquet (Age 52)
    President of Cogeco Media Inc.

CGO Stock Analysis - Frequently Asked Questions

Should I buy or sell Cogeco stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cogeco in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CGO shares.
View CGO analyst ratings
or view top-rated stocks.

What is Cogeco's stock price target for 2024?

2 brokers have issued 12-month price objectives for Cogeco's shares. Their CGO share price targets range from C$58.00 to C$92.00. On average, they anticipate the company's share price to reach C$75.00 in the next year. This suggests a possible upside of 31.8% from the stock's current price.
View analysts price targets for CGO
or view top-rated stocks among Wall Street analysts.

How have CGO shares performed in 2024?

Cogeco's stock was trading at C$57.17 at the beginning of the year. Since then, CGO shares have decreased by 0.5% and is now trading at C$56.90.
View the best growth stocks for 2024 here
.

When is Cogeco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 11th 2024.
View our CGO earnings forecast
.

How were Cogeco's earnings last quarter?

Cogeco Inc. (TSE:CGO) issued its quarterly earnings results on Wednesday, January, 10th. The company reported $2.57 EPS for the quarter. The company earned $776.17 million during the quarter. Cogeco had a net margin of 2.06% and a trailing twelve-month return on equity of 9.44%.

How often does Cogeco pay dividends? What is the dividend yield for Cogeco?

Cogeco announced a quarterly dividend on Thursday, January 11th. Investors of record on Wednesday, January 24th will be paid a dividend of 0.854 per share on Wednesday, February 7th. This represents a $3.42 dividend on an annualized basis and a yield of 6.00%. The ex-dividend date is Tuesday, January 23rd.
Read our dividend analysis for CGO
.

Is Cogeco a good dividend stock?

Cogeco (TSE:CGO) pays an annual dividend of C$3.42 per share and currently has a dividend yield of 6.14%. CGO has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 84.44%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for CGO.

What other stocks do shareholders of Cogeco own?
How do I buy shares of Cogeco?

Shares of CGO 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.
Compare Top Brokerages Here.

This page (TSE:CGO) was last updated on 3/29/2024 by MarketBeat.com Staff

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