National Bank Financial Predicts TSE:CCA FY2025 Earnings

Cogeco Communications Inc. (TSE:CCA) – Investment analysts at National Bank Financial reduced their FY2025 earnings estimates for Cogeco Communications in a research report issued to clients and investors on Thursday, April 10th. National Bank Financial analyst A. Shine now expects that the company will earn $8.11 per share for the year, down from their prior estimate 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.

Other analysts have also issued reports about the stock. Scotiabank cut their target price on shares of Cogeco Communications from C$75.50 to C$75.00 and set a “sector perform” rating for the company in a research note on Friday, April 11th. CIBC reduced their price target on shares of Cogeco Communications from C$73.00 to C$71.00 in a research report on Wednesday, January 15th. Canaccord Genuity Group lifted their target price on shares of Cogeco Communications from C$76.00 to C$77.00 and gave the company a “buy” rating in a research note on Friday, April 11th. Finally, Royal Bank of Canada lifted their price target on Cogeco Communications from C$77.00 to C$78.00 and gave the company a “sector perform” rating in a report on Wednesday, April 9th. Three research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$76.10.

Cogeco Communications Stock Performance

Shares of TSE CCA opened at C$65.22 on Monday. Cogeco Communications has a 12-month low of C$50.82 and a 12-month high of C$75.09. 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$2.74 billion, a PE ratio of 7.89, a P/E/G ratio of 4.77 and a beta of 0.59. The stock has a 50 day simple moving average of C$66.18 and a 200-day simple moving average of C$67.40.

Cogeco Communications Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 7th. Shareholders of record on Wednesday, May 7th will be paid a $0.922 dividend. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a $3.69 dividend on an annualized basis and a yield of 5.65%. Cogeco Communications’s payout ratio is 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.