National Bank Financial Weighs in on TSE:CCA Q1 Earnings

Cogeco Communications Inc. (TSE:CCA) – Research analysts at National Bank Financial issued their Q1 2025 EPS estimates for shares of Cogeco Communications in a report released on Thursday, December 12th. National Bank Financial analyst A. Shine expects that the company will post earnings of $2.13 per share for the quarter. 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 $8.11 EPS.

A number of other analysts also recently issued reports on the company. Scotiabank raised their target price on Cogeco Communications from C$73.50 to C$77.50 in a research report on Monday, November 4th. National Bankshares raised shares of Cogeco Communications from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from C$64.00 to C$80.00 in a research report on Friday, September 20th. BMO Capital Markets raised their price objective on shares of Cogeco Communications from C$70.00 to C$80.00 in a report on Monday, November 4th. Canaccord Genuity Group upgraded shares of Cogeco Communications from a “hold” rating to a “buy” rating and lifted their price objective for the company from C$65.00 to C$77.00 in a research note on Monday, November 4th. Finally, TD Securities increased their target price on Cogeco Communications from C$85.00 to C$89.00 in a research report on Monday, November 4th. Five research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Cogeco Communications has an average rating of “Moderate Buy” and an average target price of C$75.50.

Cogeco Communications Stock Performance

Shares of CCA opened at C$68.59 on Monday. The company has a market capitalization of C$2.06 billion, a price-to-earnings ratio of 8.75, a PEG ratio of 4.77 and a beta of 0.59. The stock has a 50 day moving average of C$70.27 and a 200 day moving average of C$63.41. 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.

Cogeco Communications Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 28th. Stockholders of record on Thursday, November 28th were issued a dividend of $0.922 per share. This is a positive change from Cogeco Communications’s previous quarterly dividend of $0.85. The ex-dividend date of this dividend was Thursday, November 14th. This represents a $3.69 annualized dividend and a dividend yield of 5.38%. Cogeco Communications’s payout ratio is presently 43.62%.

Insider Transactions at Cogeco Communications

In other news, Director Jacques Royer sold 657 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of C$68.86, for a total value of C$45,241.02. Following the completion of 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. Also, Director Robin Anne Bienenstock acquired 2,156 shares of the firm’s stock in a transaction that occurred on Friday, November 29th. The shares were purchased at an average cost of C$69.66 per share, for a total transaction of C$150,189.33. 0.46% of the stock is owned by insiders.

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.