Q2 EPS Estimates for Cogeco Communications Cut by Desjardins

Cogeco Communications Inc. (TSE:CCA) – Stock analysts at Desjardins dropped their Q2 2025 earnings per share (EPS) estimates for shares of Cogeco Communications in a research note issued on Wednesday, January 15th. Desjardins analyst J. Dubreuil now expects 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.

A number of other research firms also recently issued reports on CCA. CIBC lowered their target price on Cogeco Communications from C$73.00 to C$71.00 in a research report on Wednesday, January 15th. Canaccord Genuity Group raised Cogeco Communications from a “hold” rating to a “buy” rating and lifted their target price for the company from C$65.00 to C$77.00 in a research report on Monday, November 4th. TD Securities lifted their target price on Cogeco Communications from C$85.00 to C$89.00 in a research report on Monday, November 4th. Scotiabank lowered their target price on Cogeco Communications from C$77.50 to C$75.50 in a research report on Wednesday, January 15th. Finally, BMO Capital Markets lifted their target price on Cogeco Communications from C$70.00 to C$80.00 in a research report on Monday, November 4th. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of C$76.17.

Cogeco Communications Price Performance

TSE: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. The stock’s 50-day simple moving average is C$68.29 and its 200 day simple moving average is C$65.74. The company has a market cap of C$1.84 billion, a P/E ratio of 7.81, a P/E/G ratio of 4.77 and a beta of 0.59. Cogeco Communications has a 52-week low of C$50.82 and a 52-week high of C$75.09.

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

Insider Transactions at Cogeco Communications

In related news, Director Jacques Royer sold 657 shares of the firm’s stock in a transaction dated Wednesday, November 20th. The shares were sold at an average price of C$68.86, for a total transaction of C$45,241.02. Following the transaction, the director now directly owns 1 shares of the company’s stock, valued at approximately C$68.86. This trade represents a 99.85 % decrease in their ownership of the stock. Also, Director Robin Anne Bienenstock acquired 2,156 shares of the business’s stock in a transaction on Friday, November 29th. The stock was acquired at an average cost of C$69.66 per share, with a total value of C$150,189.33. Corporate insiders own 0.46% of the company’s stock.

Cogeco Communications Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Monday, February 10th will be issued a dividend of $0.922 per share. This represents a $3.69 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date is Monday, January 27th. Cogeco Communications’s dividend payout ratio is presently 43.62%.

Cogeco Communications Company Profile

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.