Cogeco Communications Inc. (TSE:CCA) – Stock analysts at Desjardins dropped their Q4 2021 EPS estimates for shares of Cogeco Communications in a research note issued on Wednesday, October 13th. Desjardins analyst J. Dubreuil now forecasts that the company will post earnings per share of $1.98 for the quarter, down from their prior estimate of $2.01.
Cogeco Communications (TSE:CCA) last announced its earnings results on Wednesday, July 14th. The company reported C$2.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of C$2.15 by C($0.14). The company had revenue of C$624.31 million for the quarter, compared to analyst estimates of C$630.75 million.
Shares of CCA stock opened at C$108.31 on Thursday. Cogeco Communications has a 1 year low of C$89.90 and a 1 year high of C$123.07. The firm’s fifty day simple moving average is C$114.93 and its 200 day simple moving average is C$117.05. The firm has a market capitalization of C$5.10 billion and a P/E ratio of 13.13. The company has a current ratio of 0.82, a quick ratio of 0.55 and a debt-to-equity ratio of 113.55.
The business also recently declared a quarterly dividend, which was paid on Wednesday, August 11th. Stockholders of record on Wednesday, August 11th were paid a $0.64 dividend. The ex-dividend date of this dividend was Tuesday, July 27th. This represents a $2.56 dividend on an annualized basis and a dividend yield of 2.36%. Cogeco Communications’s dividend payout ratio (DPR) is presently 30.31%.
Cogeco Communications Company Profile
Cogeco Communications Inc operates as a communications corporation in North America. It operates in two segments, Canadian Broadband Services and American Broadband Services. The company offers Internet, video, and telephony services to residential and business customers through its two-way broadband fiber networks.
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