TSE:CCA FY2025 EPS Decreased by National Bank Financial

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

Several other analysts have also weighed in on the company. CIBC reduced their price objective on Cogeco Communications from C$73.00 to C$71.00 in a research note on Wednesday, January 15th. Scotiabank reduced their price target on Cogeco Communications from C$77.50 to C$75.50 in a research report on Wednesday, January 15th. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of C$76.17.

Cogeco Communications Trading Down 1.2 %

Shares of TSE:CCA opened at C$68.40 on Monday. The company has a debt-to-equity ratio of 159.35, a current ratio of 0.37 and a quick ratio of 0.49. Cogeco Communications has a 1 year low of C$50.82 and a 1 year high of C$75.09. The company has a market capitalization of C$2.87 billion, a P/E ratio of 8.28, a P/E/G ratio of 4.77 and a beta of 0.59. The business’s 50 day simple moving average is C$64.84 and its 200 day simple moving average is C$67.36.

Cogeco Communications Announces Dividend

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

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.