Q1 Earnings Forecast for TSE:CCA Issued By Desjardins

Cogeco Communications Inc. (TSE:CCA) – Desjardins issued their Q1 2025 earnings per share (EPS) estimates for shares of Cogeco Communications in a research note issued on Sunday, November 3rd. Desjardins analyst J. Dubreuil expects that the company will post earnings per share of $2.19 for the quarter. Desjardins currently has a “Hold” rating and a $69.00 target price on the stock. The consensus estimate for Cogeco Communications’ current full-year earnings is $8.49 per share. Desjardins also issued estimates for Cogeco Communications’ Q2 2025 earnings at $2.05 EPS, Q3 2025 earnings at $2.33 EPS and Q4 2025 earnings at $2.46 EPS.

Other equities analysts have also recently issued reports about the stock. Royal Bank of Canada raised their target price on shares of Cogeco Communications from C$76.00 to C$79.00 in a research note on Thursday, October 10th. Scotiabank increased their price target on shares of Cogeco Communications from C$73.50 to C$77.50 in a research note on Monday. BMO Capital Markets boosted their price objective on shares of Cogeco Communications from C$70.00 to C$80.00 in a research note on Monday. National Bank Financial raised shares of Cogeco Communications from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 19th. Finally, Bank of America upgraded Cogeco Communications from an “underperform” rating to a “buy” rating and lifted their price target for the stock from C$60.00 to C$65.00 in a report on Wednesday, July 17th. Five analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Cogeco Communications currently has a consensus rating of “Moderate Buy” and an average target price of C$75.50.

Cogeco Communications Stock Up 0.2 %

CCA stock opened at C$70.88 on Tuesday. The company has a market cap of C$2.13 billion, a price-to-earnings ratio of 9.04, a P/E/G ratio of 4.77 and a beta of 0.59. Cogeco Communications has a twelve month low of C$50.78 and a twelve month high of C$72.40. The business has a 50 day moving average price of C$68.27 and a two-hundred day moving average price of C$60.73. The company has a quick ratio of 0.49, a current ratio of 0.41 and a debt-to-equity ratio of 142.88.

Cogeco Communications Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 28th. Shareholders of record on Thursday, November 14th will be given a dividend of $0.922 per share. The ex-dividend date of this dividend is Thursday, November 14th. This is an increase from Cogeco Communications’s previous quarterly dividend of $0.85. This represents a $3.69 annualized dividend and a yield of 5.20%. Cogeco Communications’s dividend payout ratio (DPR) is 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.