Cogeco Communications (TSE:CCA – Get Free Report) released its quarterly earnings results on Wednesday. The company reported C$2.35 earnings per share for the quarter, FiscalAI reports. The firm had revenue of C$696.68 million during the quarter. Cogeco Communications had a net margin of 11.13% and a return on equity of 9.93%.
Cogeco Communications Trading Up 1.3%
Cogeco Communications stock traded up C$0.85 during mid-day trading on Wednesday, hitting C$64.35. The company’s stock had a trading volume of 132,260 shares, compared to its average volume of 183,125. The firm has a market capitalization of C$2.70 billion, a PE ratio of 8.65, a price-to-earnings-growth ratio of 4.77 and a beta of 0.93. Cogeco Communications has a 1 year low of C$60.89 and a 1 year high of C$77.40. The company has a current ratio of 0.47, a quick ratio of 0.49 and a debt-to-equity ratio of 141.57. The stock’s fifty day moving average is C$64.37 and its two-hundred day moving average is C$67.07.
Cogeco Communications Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 7th. Investors of record on Thursday, May 7th were issued a $0.987 dividend. The ex-dividend date was Thursday, April 23rd. This represents a $3.95 dividend on an annualized basis and a yield of 6.1%. Cogeco Communications’s dividend payout ratio is currently 51.32%.
Analysts Set New Price Targets
Check Out Our Latest Report on Cogeco Communications
About Cogeco Communications
Cogeco Communications Inc is a leading telecommunications provider committed to bringing people together through powerful communications and entertainment experiences. We provide world-class Internet, wireless, video and wireline phone services to 1.6 million residential and business subscribers in Canada and thirteen states in the United States. Our services are marketed under the Cogeco and oxio brands in Canada, and under the Breezeline brand in the U.S. We take pride in our strong presence in the communities we serve and in our commitment to a sustainable future.
Recommended Stories
- Five stocks we like better than Cogeco Communications
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Receive News & Ratings for Cogeco Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cogeco Communications and related companies with MarketBeat.com's FREE daily email newsletter.
