National Bank Financial Weighs in on TSE:CCA FY2025 Earnings

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 research report issued to clients and investors on Thursday, March 27th. National Bank Financial analyst A. Shine now forecasts that the company will post earnings per share of $8.20 for the year, down from their previous estimate of $8.21. The consensus estimate for Cogeco Communications’ current full-year earnings is $8.49 per share.

A number of other research analysts have also recently issued reports on CCA. CIBC decreased their price target on shares of Cogeco Communications from C$73.00 to C$71.00 in a report on Wednesday, January 15th. Scotiabank reduced their target price on Cogeco Communications from C$77.50 to C$75.50 in a research note on Wednesday, January 15th. Three investment 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. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$76.17.

Cogeco Communications Stock Performance

Shares of Cogeco Communications stock opened at C$69.50 on Monday. The firm has a market capitalization of C$2.92 billion, a P/E ratio of 8.41, a PEG ratio of 4.77 and a beta of 0.59. Cogeco Communications has a 52 week low of C$50.82 and a 52 week high of C$75.09. The company has a quick ratio of 0.49, a current ratio of 0.37 and a debt-to-equity ratio of 159.35. The company has a 50 day moving average price of C$65.17 and a 200 day moving average price of C$67.43.

Cogeco Communications Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, February 10th. Stockholders of record on Monday, February 10th were paid 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 5.31%. Cogeco Communications’s payout ratio is 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.