TSE:CCA FY2025 EPS Reduced by National Bank Financial

Cogeco Communications Inc. (TSE:CCA) – Equities research analysts at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for Cogeco Communications in a report released on Wednesday, July 16th. National Bank Financial analyst A. Shine now forecasts that the company will earn $7.82 per share for the year, down from their prior forecast of $8.01. 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 $7.69 EPS.

Other research analysts have also recently issued research reports about the company. Scotiabank reduced their target price on Cogeco Communications from C$75.50 to C$75.00 and set a “sector perform” rating on the stock in a research note on Thursday. Royal Bank Of Canada cut their price target on shares of Cogeco Communications from C$75.00 to C$74.00 in a research report on Thursday. National Bankshares set a C$85.00 price target on shares of Cogeco Communications and gave the company an “outperform” rating in a research report on Friday, June 6th. BMO Capital Markets cut their price target on shares of Cogeco Communications from C$80.00 to C$75.00 in a research report on Thursday. Finally, Desjardins upped their price target on shares of Cogeco Communications from C$72.00 to C$74.00 in a research report on Thursday, July 10th. Two equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$77.44.

Cogeco Communications Stock Down 1.3%

CCA opened at C$65.60 on Friday. The stock has a market cap of C$2.76 billion, a PE ratio of 7.94, a P/E/G ratio of 4.77 and a beta of 0.59. The company has a quick ratio of 0.49, a current ratio of 0.37 and a debt-to-equity ratio of 159.35. Cogeco Communications has a 52 week low of C$59.10 and a 52 week high of C$75.09. The business’s fifty day simple moving average is C$69.00 and its 200 day simple moving average is C$66.79.

Cogeco Communications Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 7th. Stockholders of record on Wednesday, May 7th were issued a dividend of $0.922 per share. The ex-dividend date of this dividend was Wednesday, April 23rd. This represents a $3.69 dividend on an annualized basis and a dividend yield of 5.62%. Cogeco Communications’s dividend payout ratio is currently 41.40%.

Cogeco Communications Company Profile

Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides residential and business customers with internet, video, and telephony services with broadband fibre networks. The reportable segments of the company are Canadian broadband services and American broadband services.