Cogent Communications Holdings, Inc. (NASDAQ:CCOI – Free Report) – Investment analysts at Zacks Research boosted their Q3 2025 earnings estimates for shares of Cogent Communications in a research report issued to clients and investors on Monday, March 24th. Zacks Research analyst R. Department now forecasts that the technology company will post earnings of ($0.70) per share for the quarter, up from their previous forecast of ($0.72). The consensus estimate for Cogent Communications’ current full-year earnings is ($4.55) per share. Zacks Research also issued estimates for Cogent Communications’ Q4 2025 earnings at ($0.70) EPS, FY2025 earnings at ($3.34) EPS, Q1 2026 earnings at ($0.59) EPS, Q2 2026 earnings at ($0.72) EPS, Q3 2026 earnings at ($0.42) EPS, Q4 2026 earnings at ($0.38) EPS, FY2026 earnings at ($2.11) EPS and FY2027 earnings at ($0.02) EPS.
Separately, StockNews.com upgraded Cogent Communications to a “sell” rating in a research report on Monday, March 3rd. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $80.25.
Cogent Communications Trading Up 0.1 %
CCOI stock opened at $61.57 on Thursday. Cogent Communications has a 1-year low of $50.80 and a 1-year high of $86.76. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 5.87. The business’s 50 day moving average is $74.21 and its 200-day moving average is $76.53. The firm has a market cap of $3.02 billion, a P/E ratio of 78.94 and a beta of 0.45.
Cogent Communications (NASDAQ:CCOI – Get Free Report) last posted its earnings results on Thursday, February 27th. The technology company reported ($0.91) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.22) by $0.31. Cogent Communications had a net margin of 3.73% and a negative return on equity of 36.31%. The business had revenue of $252.29 million for the quarter, compared to analysts’ expectations of $258.49 million.
Institutional Investors Weigh In On Cogent Communications
Several institutional investors have recently modified their holdings of the business. California State Teachers Retirement System grew its holdings in Cogent Communications by 3.9% during the fourth quarter. California State Teachers Retirement System now owns 43,368 shares of the technology company’s stock valued at $3,342,000 after purchasing an additional 1,636 shares during the period. Capstone Triton Financial Group LLC increased its position in shares of Cogent Communications by 11.3% in the 4th quarter. Capstone Triton Financial Group LLC now owns 11,580 shares of the technology company’s stock valued at $892,000 after buying an additional 1,179 shares in the last quarter. Ulysses Management LLC raised its stake in Cogent Communications by 9.6% during the 4th quarter. Ulysses Management LLC now owns 372,166 shares of the technology company’s stock worth $28,683,000 after buying an additional 32,596 shares during the period. Turtle Creek Asset Management Inc. bought a new position in Cogent Communications during the fourth quarter worth about $9,649,000. Finally, Tyro Capital Management LLC grew its stake in Cogent Communications by 20.1% in the fourth quarter. Tyro Capital Management LLC now owns 420,825 shares of the technology company’s stock valued at $32,433,000 after acquiring an additional 70,521 shares during the period. Institutional investors and hedge funds own 92.45% of the company’s stock.
Insider Buying and Selling
In other Cogent Communications news, CFO Thaddeus Gerard Weed sold 4,900 shares of the stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $72.06, for a total value of $353,094.00. Following the transaction, the chief financial officer now directly owns 103,000 shares in the company, valued at approximately $7,422,180. This trade represents a 4.54 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Sheryl Lynn Kennedy sold 1,425 shares of the business’s stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $72.96, for a total value of $103,968.00. Following the sale, the director now owns 10,147 shares of the company’s stock, valued at approximately $740,325.12. The trade was a 12.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 11,681 shares of company stock worth $840,878 in the last 90 days. Corporate insiders own 11.40% of the company’s stock.
Cogent Communications Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Thursday, March 13th were issued a $1.005 dividend. This represents a $4.02 dividend on an annualized basis and a dividend yield of 6.53%. This is a boost from Cogent Communications’s previous quarterly dividend of $1.00. The ex-dividend date was Thursday, March 13th. Cogent Communications’s payout ratio is currently -93.49%.
Cogent Communications Company Profile
Cogent Communications Holdings, Inc, through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Oceania, South America, and Africa. The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers.
Recommended Stories
- Five stocks we like better than Cogent Communications
- How to Invest in the Best Canadian Stocks
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
- What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- JPMorgan: The ‘NVIDIA of Banking’ Poised for More Gains?
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Buy the Chewy Stock Reversal? Here’s Why Now Is the Time
Receive News & Ratings for Cogent Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cogent Communications and related companies with MarketBeat.com's FREE daily email newsletter.