National Bank Financial Weighs in on TSE:CCA FY2025 Earnings

Cogeco Communications Inc. (TSE:CCA) – National Bank Financial cut their FY2025 earnings estimates for Cogeco Communications in a research report issued on Thursday, April 10th. National Bank Financial analyst A. Shine now anticipates that the company will post earnings of $8.11 per share for the year, down from their previous forecast of $8.20. 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 $7.95 EPS.

Several other research analysts have also commented on the company. Scotiabank cut their price objective on Cogeco Communications from C$75.50 to C$75.00 and set a “sector perform” rating on the stock in a research report on Friday. CIBC dropped their target price on Cogeco Communications from C$73.00 to C$71.00 in a report on Wednesday, January 15th. Royal Bank of Canada upped their price target on Cogeco Communications from C$77.00 to C$78.00 and gave the stock a “sector perform” rating in a report on Wednesday, April 9th. Finally, Canaccord Genuity Group increased their price objective on shares of Cogeco Communications from C$76.00 to C$77.00 and gave the company a “buy” rating in a research report on Friday. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Cogeco Communications currently has an average rating of “Moderate Buy” and an average target price of C$76.10.

Cogeco Communications Stock Performance

Shares of CCA stock opened at C$64.83 on Monday. The company has a current ratio of 0.37, a quick ratio of 0.49 and a debt-to-equity ratio of 159.35. The company has a market cap of C$2.72 billion, a PE ratio of 7.85, a P/E/G ratio of 4.77 and a beta of 0.59. The company’s fifty day simple moving average is C$66.14 and its 200-day simple moving average is C$67.41. Cogeco Communications has a 52 week low of C$50.82 and a 52 week high of C$75.09.

Cogeco Communications Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Stockholders of record on Wednesday, May 7th will be paid a dividend of $0.922 per share. This represents a $3.69 annualized dividend and a dividend yield of 5.69%. The ex-dividend date of this dividend is Wednesday, April 23rd. Cogeco Communications’s dividend payout ratio (DPR) is currently 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.