Q2 EPS Forecast for Cogeco Communications Reduced by Analyst

Cogeco Communications Inc. (TSE:CCA) – Research analysts at Desjardins lowered their Q2 2025 earnings estimates for shares of Cogeco Communications in a report released on Wednesday, January 15th. Desjardins analyst J. Dubreuil now anticipates that the company will post earnings per share of $1.59 for the quarter, down from their previous forecast of $2.05. The consensus estimate for Cogeco Communications’ current full-year earnings is $8.49 per share. Desjardins also issued estimates for Cogeco Communications’ Q3 2025 earnings at $1.94 EPS, Q4 2025 earnings at $2.13 EPS, FY2025 earnings at $8.03 EPS and FY2026 earnings at $7.43 EPS.

Several other analysts have also weighed in on CCA. Canaccord Genuity Group raised Cogeco Communications from a “hold” rating to a “buy” rating and raised their price objective for the company from C$65.00 to C$77.00 in a research note on Monday, November 4th. TD Securities raised their price target on shares of Cogeco Communications from C$85.00 to C$89.00 in a research note on Monday, November 4th. CIBC reduced their price target on shares of Cogeco Communications from C$73.00 to C$71.00 in a research note on Wednesday, January 15th. Scotiabank reduced their price target on shares of Cogeco Communications from C$77.50 to C$75.50 in a research note on Wednesday, January 15th. Finally, BMO Capital Markets raised their price target on shares of Cogeco Communications from C$70.00 to C$80.00 in a research note on Monday, November 4th. Three research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$76.17.

Cogeco Communications Trading Down 1.0 %

Shares of CCA opened at C$61.26 on Monday. The company has a debt-to-equity ratio of 142.88, a quick ratio of 0.49 and a current ratio of 0.41. Cogeco Communications has a 52-week low of C$50.82 and a 52-week high of C$75.09. The firm has a market cap of C$1.84 billion, a price-to-earnings ratio of 7.81, a PEG ratio of 4.77 and a beta of 0.59. The business’s fifty day moving average is C$68.29 and its 200-day moving average is C$65.74.

Cogeco Communications (TSE:CCA) last announced its quarterly earnings data on Thursday, October 31st. The company reported C$2.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$1.79 by C$0.56. Cogeco Communications had a net margin of 11.44% and a return on equity of 10.52%. During the same period in the previous year, the business earned $2.19 EPS.

Insider Buying and Selling

In related news, Director Jacques Royer sold 657 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of C$68.86, for a total value of C$45,241.02. Following the sale, the director now owns 1 shares of the company’s stock, valued at C$68.86. The trade was a 99.85 % decrease in their ownership of the stock. Also, Director Robin Anne Bienenstock acquired 2,156 shares of Cogeco Communications stock in a transaction that occurred on Friday, November 29th. The stock was acquired at an average cost of C$69.66 per share, for a total transaction of C$150,189.33. 0.46% of the stock is currently owned by insiders.

Cogeco Communications Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Monday, February 10th will be paid a $0.922 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a $3.69 annualized dividend and a dividend yield of 6.02%. 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.