Cogeco Communications Inc. (TSE:CCA – Get Rating) – Funding analysts at Nationwide Financial institution Monetary issued their Q1 2023 EPS estimates for shares of Cogeco Communications in a analysis word issued on Tuesday, January tenth. Nationwide Financial institution Monetary analyst A. Shine anticipates that the corporate will put up earnings per share of $2.28 for the quarter. The consensus estimate for Cogeco Communications’ present full-year earnings is $10.03 per share. Nationwide Financial institution Monetary additionally issued estimates for Cogeco Communications’ FY2024 earnings at $10.20 EPS.
Cogeco Communications (TSE:CCA – Get Rating) final posted its quarterly earnings outcomes on Thursday, October twenty seventh. The corporate reported C$2.28 EPS for the quarter, beating the consensus estimate of C$2.15 by C$0.13. The enterprise had income of C$725.45 million in the course of the quarter, in comparison with analyst estimates of C$729.90 million.
A number of different analysis analysts have additionally commented on CCA. CIBC decreased their value goal on shares of Cogeco Communications from C$100.00 to C$76.00 in a report on Wednesday, October twenty sixth. Nationwide Bankshares decreased their value goal on shares of Cogeco Communications from C$100.00 to C$96.00 in a report on Monday, October thirty first. Canaccord Genuity Group lifted their value goal on shares of Cogeco Communications from C$70.00 to C$72.00 in a analysis report on Monday, October thirty first. Scotiabank minimize their value goal on shares of Cogeco Communications from C$92.50 to C$90.00 in a analysis report on Monday, November twenty first. Lastly, Desjardins upgraded shares of Cogeco Communications from a “maintain” score to a “purchase” score in a analysis report on Sunday, October thirtieth. 4 equities analysis analysts have rated the inventory with a maintain score and two have given a purchase score to the corporate’s inventory. Based mostly on knowledge from MarketBeat, the corporate has a mean score of “Maintain” and a consensus value goal of C$96.00.
Cogeco Communications Buying and selling Up 2.3 %
TSE CCA opened at C$81.53 on Thursday. Cogeco Communications has a one 12 months low of C$62.35 and a one 12 months excessive of C$114.66. The corporate has a 50-day easy transferring common of C$75.06 and a 200-day easy transferring common of C$77.44. The corporate has a debt-to-equity ratio of 146.81, a fast ratio of 0.49 and a present ratio of 0.54. The agency has a market capitalization of C$3.72 billion and a PE ratio of 8.97.
Cogeco Communications Will increase Dividend
The enterprise additionally just lately declared a quarterly dividend, which was paid on Thursday, November twenty fourth. Shareholders of document on Thursday, November twenty fourth got a dividend of $0.776 per share. This represents a $3.10 dividend on an annualized foundation and a dividend yield of three.81%. This is a rise from Cogeco Communications’s earlier quarterly dividend of $0.71. The ex-dividend date was Wednesday, November ninth. Cogeco Communications’s payout ratio is 31.02%.
Insiders Place Their Bets
In associated information, Director Robin Anne Bienenstock bought 1,581 shares of the corporate’s inventory in a transaction on Monday, November 14th. The shares had been purchased at a mean price of C$73.30 per share, for a complete transaction of C$115,887.30. Following the transaction, the director now owns 2,471 shares of the corporate’s inventory, valued at C$181,124.30. In associated information, Director Jacques Royer offered 433 shares of the enterprise’s inventory in a transaction that occurred on Tuesday, November eighth. The shares had been offered at a mean value of C$69.76, for a complete worth of C$30,206.08. Following the sale, the director now instantly owns 524 shares within the firm, valued at roughly C$36,554.24. Additionally, Director Robin Anne Bienenstock purchased 1,581 shares of the corporate’s inventory in a transaction that occurred on Monday, November 14th. The inventory was acquired at a mean value of C$73.30 per share, for a complete transaction of C$115,887.30. Following the completion of the acquisition, the director now instantly owns 2,471 shares within the firm, valued at C$181,124.30.
Cogeco Communications Firm Profile
Cogeco Communications Inc operates as a communications company in North America. It operates in two segments, Canadian Broadband Companies and American Broadband Companies. The corporate provides Web, video, and telephony providers to residential and enterprise clients via its two-way broadband fiber networks.
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