TSE:CCA FY2025 EPS Reduced by National Bank Financial

Cogeco Communications Inc. (TSE:CCA) – Analysts at National Bank Financial cut their FY2025 EPS estimates for Cogeco Communications in a note issued to investors on Wednesday, July 16th. National Bank Financial analyst A. Shine now anticipates that the company will earn $7.82 per share for the year, down from their prior estimate of $8.01. 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 $7.69 EPS.

CCA has been the subject of a number of other reports. Desjardins increased their target price on shares of Cogeco Communications from C$72.00 to C$74.00 in a report on Thursday, July 10th. Royal Bank Of Canada lowered their price objective on shares of Cogeco Communications from C$75.00 to C$74.00 in a report on Thursday. BMO Capital Markets lowered their price objective on shares of Cogeco Communications from C$80.00 to C$75.00 in a report on Thursday. Scotiabank lowered their price objective on shares of Cogeco Communications from C$75.50 to C$75.00 and set a “sector perform” rating for the company in a report on Thursday. Finally, Canaccord Genuity Group raised their price objective on shares of Cogeco Communications from C$76.00 to C$77.00 and gave the stock a “buy” rating in a report on Friday, April 11th. Two investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Cogeco Communications presently has a consensus rating of “Moderate Buy” and a consensus target price of C$77.44.

Cogeco Communications Stock Performance

Cogeco Communications stock opened at C$65.60 on Friday. 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 firm has a 50-day moving average of C$69.00 and a 200-day moving average of C$66.79. The firm has a market cap of C$2.76 billion, a P/E ratio of 7.94, a P/E/G ratio of 4.77 and a beta of 0.59. Cogeco Communications has a 1-year low of C$59.10 and a 1-year high of C$75.09.

Cogeco Communications Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 7th. Shareholders of record on Wednesday, May 7th were paid a dividend of $0.922 per share. This represents a $3.69 dividend on an annualized basis and a dividend yield of 5.62%. The ex-dividend date was Wednesday, April 23rd. Cogeco Communications’s dividend payout ratio is 41.40%.

About Cogeco Communications

Cogeco Communications Inc is a communication corporation. The company is a cable operator in North America operating in Canada. It provides residential and business customers with internet, video, and telephony services with broadband fibre networks. The reportable segments of the company are Canadian broadband services and American broadband services.