Q1 Earnings Estimate for TSE:CCA Issued By Desjardins

Cogeco Communications Inc. (TSE:CCA) – Desjardins issued their Q1 2025 earnings estimates for Cogeco Communications in a report released on Sunday, November 3rd. Desjardins analyst J. Dubreuil expects that the company will earn $2.19 per share for the quarter. Desjardins currently has a “Hold” rating and a $69.00 target price on the stock. The consensus estimate for Cogeco Communications’ current full-year earnings is $8.49 per share. Desjardins also issued estimates for Cogeco Communications’ Q2 2025 earnings at $2.05 EPS, Q3 2025 earnings at $2.33 EPS and Q4 2025 earnings at $2.46 EPS.

Other equities research analysts have also recently issued research reports about the stock. National Bank Financial upgraded shares of Cogeco Communications from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 19th. Royal Bank of Canada raised their price objective on Cogeco Communications from C$76.00 to C$79.00 in a research report on Thursday, October 10th. Bank of America raised Cogeco Communications from an “underperform” rating to a “buy” rating and boosted their target price for the stock from C$60.00 to C$65.00 in a report on Wednesday, July 17th. National Bankshares upgraded Cogeco Communications from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$64.00 to C$80.00 in a report on Friday, September 20th. Finally, Canaccord Genuity Group upgraded shares of Cogeco Communications from a “hold” rating to a “buy” rating and upped their price target for the stock from C$65.00 to C$77.00 in a research note on Monday. Five analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of C$75.50.

Cogeco Communications Stock Performance

Shares of CCA opened at C$70.74 on Tuesday. The company has a 50-day simple moving average of C$68.15 and a two-hundred day simple moving average of C$60.63. The company has a debt-to-equity ratio of 142.88, a current ratio of 0.41 and a quick ratio of 0.49. The firm has a market capitalization of C$2.12 billion, a PE ratio of 9.02, a price-to-earnings-growth ratio of 4.77 and a beta of 0.59. Cogeco Communications has a one year low of C$50.78 and a one year high of C$72.40.

Cogeco Communications Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 28th. Stockholders of record on Thursday, November 28th will be paid a $0.922 dividend. This represents a $3.69 annualized dividend and a dividend yield of 5.21%. This is a positive change from Cogeco Communications’s previous quarterly dividend of $0.85. The ex-dividend date is Thursday, November 14th. Cogeco Communications’s dividend payout ratio is 43.62%.

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.