Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Eve Howard was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • May 05
Cogent Communications Holdings, Inc. Approves Regular Quarterly Dividend for the Second Quarter 2026, Payable on June 2, 2026 On May 1, 2026, Cogent Communications Holdings, Inc.'s Board approved a regular quarterly dividend of $0.02 per share payable on June 2, 2026 to shareholders of record on May 18, 2026. Annuncio • Apr 15
Cogent Communications Holdings, Inc. to Report Q1, 2026 Results on May 04, 2026 Cogent Communications Holdings, Inc. announced that they will report Q1, 2026 results at 7:00 AM, US Eastern Standard Time on May 04, 2026 Annuncio • Mar 23
Cogent Communications Holdings, Inc., Annual General Meeting, May 01, 2026 Cogent Communications Holdings, Inc., Annual General Meeting, May 01, 2026. Location: 2450 n street nw, washington, d.c. 20037, United States Annuncio • Feb 20
Cogent Communications Holdings, Inc. Approves Regular Quarterly Dividend for the First Quarter 2026, Payable on March 20, 2026 Cogent Communications Holdings, Inc. announced that on February 18, 2026, Cogent's Board approved a regular quarterly dividend for the First Quarter 2026 of $0.02 per share payable on March 20, 2026 to shareholders of record on March 6, 2026. Annuncio • Jan 29
Cogent Communications Holdings, Inc. to Report Q4, 2025 Results on Feb 20, 2026 Cogent Communications Holdings, Inc. announced that they will report Q4, 2025 results at 7:00 AM, Eastern Standard Time on Feb 20, 2026 Annuncio • Dec 17
Dilan Investment Llc acquired 11-story, 71,797-square-foot office at 1420 K St. NW from Cogent Communications Holdings, Inc. (NasdaqGS:CCOI) for $13.2 million. Dilan Investment Llc acquired 11-story, 71,797-square-foot office at 1420 K St. NW from Cogent Communications Holdings, Inc. (NasdaqGS:CCOI) for $13.2 million on December 15, 2025.
Dilan Investment Llc completed the acquisition of 11-story, 71,797-square-foot office at 1420 K St. NW from Cogent Communications Holdings, Inc. (NasdaqGS:CCOI) on December 15, 2025. Annuncio • Nov 07
Cogent Communications Holdings, Inc. Approves Regular Quarterly Dividend for the Fourth Quarter of 2025, Payable on December 8, 2025 Cogent Communications Holdings, Inc. announced on November 5, 2025, its Board approved a regular quarterly dividend of $0.02 per share for the fourth quarter of 2025, payable on December 8, 2025 to shareholders of record on November 21, 2025. Annuncio • Oct 21
Cogent Communications Holdings, Inc. to Report Q3, 2025 Results on Nov 06, 2025 Cogent Communications Holdings, Inc. announced that they will report Q3, 2025 results at 7:00 AM, US Eastern Standard Time on Nov 06, 2025 Annuncio • Aug 07
Cogent Communications Holdings, Inc. Approves Regular Quarterly Dividend for the Third Quarter 2025, Payable on September 5, 2025 On August 6, 2025, Cogent Communications Holdings, Inc.'s Board approved a regular quarterly dividend of $1.015 per share payable on September 5, 2025 to shareholders of record on August 21, 2025. This third quarter 2025 regular dividend represents an increase of $0.005 per share, or 0.5%, from the second quarter 2025 regular dividend per share and an annual increase of 3.0% from the third quarter 2024 dividend per share. Annuncio • Jul 16
Cogent Communications Holdings, Inc. to Report Q2, 2025 Results on Aug 07, 2025 Cogent Communications Holdings, Inc. announced that they will report Q2, 2025 results at 7:00 AM, US Eastern Standard Time on Aug 07, 2025 Annuncio • May 08
Cogent Communications Holdings, Inc. Approves Regular Quarterly Dividend for the Second Quarter 2025, Payable on June 6, 2025 On May 7, 2025, Cogent Communications Holdings, Inc.'s Board approved a regular quarterly dividend of $1.01 per share payable on June 6, 2025 to shareholders of record on May 22, 2025. This second quarter 2025 regular dividend represents an increase of $0.005 per share, or 0.5%, from the first quarter 2025 regular dividend per share and an annual increase of 3.6% from the second quarter 2024 dividend per share. Annuncio • Apr 22
Cogent Communications Holdings, Inc. to Report Q1, 2025 Results on May 08, 2025 Cogent Communications Holdings, Inc. announced that they will report Q1, 2025 results at 7:00 AM, US Eastern Standard Time on May 08, 2025 Annuncio • Mar 17
Cogent Communications Holdings, Inc., Annual General Meeting, May 07, 2025 Cogent Communications Holdings, Inc., Annual General Meeting, May 07, 2025. Location: at 2450 n street, nw, washington,d.c. 20037, United States Annuncio • Feb 27
Cogent Communications Holdings, Inc. Approves Regular Quarterly Dividend for the First Quarter 2025, Payable on March 28, 2025 On February 26, 2025, Cogent Communications Holdings, Inc. Board approved a regular quarterly dividend of $1.005 per share payable on March 28, 2025 to shareholders of record on March 13, 2025. This first quarter 2025 regular dividend represents an increase of $0.01 per share, or 1.0%, from the fourth quarter 2024 regular dividend of $0.995 per share and an annual increase of 4.1% from the first quarter 2024 dividend of $0.965 per share. Annuncio • Feb 05
Cogent Communications Holdings, Inc. to Report Q4, 2024 Results on Feb 27, 2025 Cogent Communications Holdings, Inc. announced that they will report Q4, 2024 results at 7:00 AM, US Eastern Standard Time on Feb 27, 2025 Declared Dividend • Nov 11
Third quarter dividend of US$0.99 announced Shareholders will receive a dividend of US$0.99. Ex-date: 22nd November 2024 Payment date: 6th December 2024 Dividend yield will be 4.8%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (468% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 420% to bring the payout ratio under control. EPS is expected to grow by 29% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Nov 08
Third quarter 2024 earnings released: US$1.33 loss per share (vs US$1.20 loss in 3Q 2023) Third quarter 2024 results: US$1.33 loss per share (further deteriorated from US$1.20 loss in 3Q 2023). Revenue: US$257.2m (down 1.4% from 3Q 2023). Net loss: US$63.1m (loss widened 11% from 3Q 2023). Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Nov 07
Cogent Communications Holdings, Inc. Approves Quarterly Dividend, Payable on December 6, 2024 On November 6, 2024, Cogent Communications Holdings, Inc.'s Board approved a regular quarterly dividend of $0.995 per share payable on December 6, 2024 to shareholders of record on November 22, 2024. This fourth quarter 2024 regular dividend represents an increase of $0.01 per share, or 1.0%, from the third quarter 2024 regular dividend of $0.985 per share and an annual increase of 4.2% from the fourth quarter 2023 dividend of $0.955 per share. Annuncio • Oct 22
Cogent Communications Holdings, Inc. to Report Q3, 2024 Results on Nov 07, 2024 Cogent Communications Holdings, Inc. announced that they will report Q3, 2024 results at 7:00 AM, US Eastern Standard Time on Nov 07, 2024 Recent Insider Transactions • Sep 12
Founder recently sold €4.2m worth of stock On the 10th of September, David Schaeffer sold around 65k shares on-market at roughly €65.08 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by €36m. Recent Insider Transactions • Aug 29
Founder recently sold €3.9m worth of stock On the 27th of August, David Schaeffer sold around 60k shares on-market at roughly €65.22 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. David has been a net seller over the last 12 months, reducing personal holdings by €35m. Declared Dividend • Aug 11
Second quarter dividend of US$0.98 announced Shareholders will receive a dividend of US$0.98. Ex-date: 22nd August 2024 Payment date: 6th September 2024 Dividend yield will be 5.6%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not covered by earnings (398% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 343% to bring the payout ratio under control. EPS is expected to grow by 11% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Aug 09
Second quarter 2024 earnings released: US$0.68 loss per share (vs US$23.84 profit in 2Q 2023) Second quarter 2024 results: US$0.68 loss per share (down from US$23.84 profit in 2Q 2023). Revenue: US$260.4m (up 14% from 2Q 2023). Net loss: US$32.3m (down 103% from profit in 2Q 2023). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annuncio • Aug 08
Cogent Communications Holdings, Inc. Approves Regular Quarterly Dividend for the Third Quarter of 2024, Payable on September 6, 2024 On August 7, 2024, the Board of Cogent Communications Holdings, Inc. approved a regular quarterly dividend of $0.985 per share payable on September 6, 2024 to shareholders of record on August 22, 2024. This third quarter 2024 regular dividend represents an increase of $0.01 per share, or 1.0%, from the second quarter 2024 regular dividend of $0.975 per share and an annual increase of 4.2% from the third quarter 2023 dividend of $0.945 per share. Annuncio • Jul 17
Cogent Communications Holdings, Inc. to Report Q2, 2024 Results on Aug 08, 2024 Cogent Communications Holdings, Inc. announced that they will report Q2, 2024 results at 7:00 AM, US Eastern Standard Time on Aug 08, 2024 Valuation Update With 7 Day Price Move • Jul 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €59.50, the stock trades at a trailing P/E ratio of 2.6x. Average forward P/E is 13x in the Telecom industry in Germany. Total returns to shareholders of 8.6% over the past three years. Annuncio • Jul 03
Cogent Communications Holdings, Inc.(NasdaqGS:CCOI) dropped from Russell 2000 Value-Defensive Index Cogent Communications Holdings, Inc.(NasdaqGS:CCOI) dropped from Russell 2000 Value-Defensive Index Recent Insider Transactions • Jun 13
Lead Independent Director recently bought €491k worth of stock On the 11th of June, Marc Montagner bought around 10k shares on-market at roughly €49.05 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €30m more in shares than they bought in the last 12 months. Declared Dividend • May 20
First quarter dividend of US$0.97 announced Shareholders will receive a dividend of US$0.97. Ex-date: 22nd May 2024 Payment date: 7th June 2024 Dividend yield will be 6.9%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (15% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 21% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 97% over the next 3 years. Since a fall of 83% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Recent Insider Transactions • May 16
Founder recently sold €2.8m worth of stock On the 13th of May, David Schaeffer sold around 50k shares on-market at roughly €55.07 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €5.3m. David has been a net seller over the last 12 months, reducing personal holdings by €29m. Annuncio • May 10
Cogent Communications Increases Its Regular Quarterly Dividend on Its Common Stock, Payable on June 7, 2024 On May 8, 2024, Cogent's Board approved a regular quarterly dividend of $0.975 per share payable on June 7, 2024 to shareholders of record on May 23, 2024. This second quarter 2024 regular dividend represents an increase of $0.01 per share, or 1.0%, from the first quarter 2024 regular dividend of $0.965 per share and an annual increase of 4.3% from the second quarter 2023 dividend of $0.935 per share. Reported Earnings • May 09
First quarter 2024 earnings released: US$1.38 loss per share (vs US$0.13 profit in 1Q 2023) First quarter 2024 results: US$1.38 loss per share (down from US$0.13 profit in 1Q 2023). Revenue: US$532.3m (up 256% from 1Q 2023). Net loss: US$130.6m (down US$136.8m from profit in 1Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annuncio • Apr 20
Cogent Communications Holdings, Inc. to Report Q1, 2024 Results on May 09, 2024 Cogent Communications Holdings, Inc. announced that they will report Q1, 2024 results at 7:00 AM, US Eastern Standard Time on May 09, 2024 Annuncio • Mar 26
Cogent Communications Holdings, Inc., Annual General Meeting, May 08, 2024 Cogent Communications Holdings, Inc., Annual General Meeting, May 08, 2024, at 09:00 Eastern Standard Time. Location: at the Company’s offices at 2450 N Street, NW, Washington, D.C. Washington District Of Columbia United States Agenda: To consider and elect nine directors to hold office until the next annual meeting of stockholders or until their respective successors have been elected or appointed; To vote on the ratification of the appointment by the Audit Committee of Ernst & Young LLP as the independent registered public accountants for the Company for the fiscal year ending December 31, 2024; To hold an advisory vote to approve named executive officer compensation; To transact such other business as may properly come before the Annual Meeting and any adjournment or postponement thereof. Recent Insider Transactions • Mar 09
Founder recently sold €587k worth of stock On the 6th of March, David Schaeffer sold around 9k shares on-market at roughly €66.55 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €1.3m. David has been a net seller over the last 12 months, reducing personal holdings by €20m. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.96 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 09 April 2024. Payout ratio is a comfortable 14% but the company is not cash flow positive. Trailing yield: 5.4%. Within top quartile of German dividend payers (5.1%). Higher than average of industry peers (3.2%). Declared Dividend • Mar 04
Fourth quarter dividend of US$0.96 announced Shareholders will receive a dividend of US$0.96. Ex-date: 14th March 2024 Payment date: 9th April 2024 Dividend yield will be 5.0%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by earnings (14% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 99% over the next 3 years. Since a fall of 84% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk. Reported Earnings • Mar 01
Full year 2023 earnings released: EPS: US$26.88 (vs US$0.11 in FY 2022) Full year 2023 results: EPS: US$26.88 (up from US$0.11 in FY 2022). Revenue: US$940.9m (up 61% from FY 2022). Net income: US$1.27b (up US$1.27b from FY 2022). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 29
Cogent Communications Holdings, Inc. Approves Regular Quarterly Dividend, Payable on April 9, 2024 On February 28, 2024, Cogent’s Board approved a regular quarterly dividend of $0.965 per share payable on April 9, 2024 to shareholders of record on March 15, 2024. This first quarter 2024 regular dividend represents an increase of $0.01 per share, or 1.0%, from the fourth quarter 2023 regular dividend of $0.955 per share and an annual increase of 4.3% from the first quarter 2023 dividend of $0.925 per share. Annuncio • Feb 08
Cogent Communications Holdings, Inc. to Report Q4, 2023 Results on Feb 29, 2024 Cogent Communications Holdings, Inc. announced that they will report Q4, 2023 results at 7:00 AM, US Eastern Standard Time on Feb 29, 2024 Recent Insider Transactions • Dec 04
Founder recently sold €2.4m worth of stock On the 1st of December, David Schaeffer sold around 40k shares on-market at roughly €59.94 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €2.8m. David has been a net seller over the last 12 months, reducing personal holdings by €18m. Recent Insider Transactions • Nov 16
Lead Independent Director recently sold €640k worth of stock On the 14th of November, Marc Montagner sold around 11k shares on-market at roughly €60.66 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.8m. Insiders have been net sellers, collectively disposing of €18m more than they bought in the last 12 months. Upcoming Dividend • Nov 15
Upcoming dividend of US$0.95 per share at 5.7% yield Eligible shareholders must have bought the stock before 22 November 2023. Payment date: 08 December 2023. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 5.7%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.1%). Annuncio • Nov 10
Cogent Communications Holdings, Inc. Declares Quarter Dividend, Payable on December 8, 2023 Cogent Communications Holdings, Inc. declared a regular quarterly dividend of $0.955 per share payable on December 8, 2023 to shareholders of record on November 24, 2023. This fourth quarter 2023 regular dividend represents an increase of $0.01 per share, or 1.1%, from the third quarter 2023 regular dividend of $0.945 per share and an annual increase of 4.4% from the fourth quarter 2022 dividend of $0.915 per share. Reported Earnings • Nov 10
Third quarter 2023 earnings released: US$1.20 loss per share (vs US$0.17 loss in 3Q 2022) Third quarter 2023 results: US$1.20 loss per share (further deteriorated from US$0.17 loss in 3Q 2022). Revenue: US$275.4m (up 89% from 3Q 2022). Net loss: US$56.7m (loss widened US$48.7m from 3Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 140% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 18
Cogent Communications Holdings, Inc. to Report Q3, 2023 Results on Nov 09, 2023 Cogent Communications Holdings, Inc. announced that they will report Q3, 2023 results at 7:00 AM, US Eastern Standard Time on Nov 09, 2023 Recent Insider Transactions • Sep 06
CFO & Treasurer recently sold €314k worth of stock On the 5th of September, Thaddeus Weed sold around 5k shares on-market at roughly €64.81 per share. This transaction amounted to 8.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €4.3m. Thaddeus has been a net seller over the last 12 months, reducing personal holdings by €2.3m. Annuncio • Aug 31
Cogent Communications Holdings, Inc. Announces Departure of Greg O’Connor as Vice President and Chief Operating Officer Cogent Communications Holdings, Inc. announced the departure of Mr. Greg O’Connor, Vice President and Chief Operating Officer with effect from August 28, 2023. Mr. O’Connor’s various duties will be redistributed to several senior personnel throughout the operational segment of the business. Upcoming Dividend • Aug 16
Upcoming dividend of US$0.94 per share at 5.3% yield Eligible shareholders must have bought the stock before 23 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 15% but the company is paying out more than the cash it is generating. Trailing yield: 5.3%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.2%). Recent Insider Transactions • Aug 15
VP of Network Planning & CTO recently sold €550k worth of stock On the 11th of August, David Kapp sold around 9k shares on-market at roughly €61.11 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €4.3m. Insiders have been net sellers, collectively disposing of €9.8m more than they bought in the last 12 months. Annuncio • Aug 11
Cogent Communications Holdings, Inc. Approves Regular Third Quarterly Dividend, Payable on September 8, 2023 On August 2, 2023, Cogent's Board approved a regular quarterly dividend of $0.945 per share payable on September 8, 2023 to shareholders of record on August 24, 2023. This third quarter 2023 regular dividend represents an increase of $0.01 per share, or 1.1%, from the second quarter 2023 regular dividend of $0.935 per share and an annual increase of 4.4% from the third quarter 2022 dividend of $0.905 per share. New Risk • Aug 10
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 58% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings are forecast to decline by an average of 58% per year for the foreseeable future. High level of non-cash earnings (137% accrual ratio). Minor Risks Dividend is not well covered by cash flows (169% cash payout ratio). Significant insider selling over the past 3 months (€5.3m sold). Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: US$23.84 (vs US$0.24 in 2Q 2022) Second quarter 2023 results: EPS: US$23.84 (up from US$0.24 in 2Q 2022). Revenue: US$239.8m (up 65% from 2Q 2022). Net income: US$1.12b (up US$1.11b from 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: US$23.84 (vs US$0.24 in 2Q 2022) Second quarter 2023 results: EPS: US$23.84 (up from US$0.24 in 2Q 2022). Revenue: US$239.8m (up 65% from 2Q 2022). Net income: US$1.12b (up US$1.11b from 2Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jun 23
Independent Director recently sold €252k worth of stock On the 14th of June, Steven Brooks sold around 4k shares on-market at roughly €59.90 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €4.3m. Insiders have been net sellers, collectively disposing of €9.2m more than they bought in the last 12 months. Recent Insider Transactions • Jun 02
Independent Director recently sold €65k worth of stock On the 30th of May, Sheryl Kennedy sold around 1k shares on-market at roughly €58.89 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €2.1m. Insiders have been net sellers, collectively disposing of €4.2m more than they bought in the last 12 months. Recent Insider Transactions • May 11
CFO & Treasurer recently sold €593k worth of stock On the 9th of May, Thaddeus Weed sold around 10k shares on-market at roughly €59.29 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Thaddeus has been a net seller over the last 12 months, reducing personal holdings by €1.9m. Upcoming Dividend • May 10
Upcoming dividend of US$0.94 per share at 5.8% yield Eligible shareholders must have bought the stock before 17 May 2023. Payment date: 02 June 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.3%). Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$0.13 (vs US$0.024 in 1Q 2022) First quarter 2023 results: EPS: US$0.13 (up from US$0.024 in 1Q 2022). Revenue: US$153.6m (up 5.6% from 1Q 2022). Net income: US$6.15m (up 441% from 1Q 2022). Profit margin: 4.0% (up from 0.8% in 1Q 2022). Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Mar 14
Independent Director recently sold €57k worth of stock On the 13th of March, Lewis Ferguson sold around 990 shares on-market at roughly €57.33 per share. This transaction amounted to 6.3% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €294k. Insiders have been net sellers, collectively disposing of €1.6m more than they bought in the last 12 months. Recent Insider Transactions • Mar 07
CFO and Senior VP – Audit & Operations recently sold €294k worth of stock On the 3rd of March, Thaddeus Weed sold around 5k shares on-market at roughly €60.66 per share. This transaction amounted to 6.2% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Thaddeus has been a net seller over the last 12 months, reducing personal holdings by €1.3m. Upcoming Dividend • Mar 02
Upcoming dividend of US$0.93 per share at 5.7% yield Eligible shareholders must have bought the stock before 09 March 2023. Payment date: 24 March 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.7%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.3%). Reported Earnings • Feb 24
Full year 2022 earnings released: EPS: US$0.11 (vs US$1.04 in FY 2021) Full year 2022 results: EPS: US$0.11 (down from US$1.04 in FY 2021). Revenue: US$599.6m (up 5.0% from FY 2021). Net income: US$5.15m (down 89% from FY 2021). Profit margin: 0.9% (down from 8.4% in FY 2021). Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Annuncio • Feb 02
Cogent Communications Holdings, Inc. to Report Q4, 2022 Results on Feb 23, 2023 Cogent Communications Holdings, Inc. announced that they will report Q4, 2022 results at 7:00 AM, US Eastern Standard Time on Feb 23, 2023 Recent Insider Transactions • Nov 22
Insider recently sold €268k worth of stock On the 16th of November, Raymond Kummer sold around 5k shares on-market at roughly €55.76 per share. This transaction amounted to 8.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Recent Insider Transactions • Nov 16
Lead Independent Director recently bought €546k worth of stock On the 9th of November, Marc Montagner bought around 10k shares on-market at roughly €54.61 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €899k more in shares than they bought in the last 12 months. Upcoming Dividend • Nov 10
Upcoming dividend of US$0.92 per share Eligible shareholders must have bought the stock before 17 November 2022. Payment date: 02 December 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.7%. Within top quartile of German dividend payers (5.0%). Higher than average of industry peers (3.4%). Reported Earnings • Nov 05
Third quarter 2022 earnings released: US$0.17 loss per share (vs US$0.29 profit in 3Q 2021) Third quarter 2022 results: US$0.17 loss per share (down from US$0.29 profit in 3Q 2021). Revenue: US$150.0m (up 12% from 3Q 2021). Net loss: US$8.01m (down 160% from profit in 3Q 2021). Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 1% per year. Annuncio • Nov 04
Cogent Communications Holdings, Inc. Approves Regular Quarterly Dividend Payable on December 2, 2022 On November 2, 2022, Cogent Communications Holdings, Inc.'s Board approved a regular quarterly dividend of $0.915 per share payable on December 2, 2022 to shareholders of record on November 18, 2022. This fourth quarter 2022 regular dividend represents an increase of $0.01 per share, or 1.1%, from the third quarter 2022 regular dividend of $0.905 per share and an annual increase of 10.2% from the fourth quarter 2021 dividend of $0.830 per share. Annuncio • Oct 13
Cogent Communications Holdings, Inc. to Report Q3, 2022 Results on Nov 03, 2022 Cogent Communications Holdings, Inc. announced that they will report Q3, 2022 results at 7:00 AM, US Eastern Standard Time on Nov 03, 2022 Recent Insider Transactions • Sep 13
CFO and Senior VP – Audit & Operations recently sold €253k worth of stock On the 9th of September, Thaddeus Weed sold around 5k shares on-market at roughly €52.14 per share. This transaction amounted to 8.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Thaddeus has been a net seller over the last 12 months, reducing personal holdings by €526k. Annuncio • Sep 09
Cogent Communications Holdings, Inc. (NasdaqGS:CCOI) entered into a definitive agreement to acquire T-Mobile's Wireline Business from T-Mobile USA, Inc. for $1. Cogent Communications Holdings, Inc. (NasdaqGS:CCOI) entered into a definitive agreement to acquire T-Mobile's Wireline Business from T-Mobile USA, Inc. for $1 on September 6, 2022. The consideration is subject to customary adjustments. As part of the agreement, in addition to the fiber network and related assets and customers, Cogent will acquire certain liabilities associated with the business. In addition, at the closing of the acquisition, the parties will enter into a separate agreement pursuant to which Cogent will offer IP transit services to T-Mobile for 54 months following the closing date and T-Mobile will pay Cogent $700 million for such services, with $350 million due in equal payments over the first 12 months after closing and $350 million due in equal payments over the remaining 42 months. In 2021, the Wireline Business reported a total revenues of $560 million. The transaction is subject to receipt of regulatory approvals and other customary closing conditions and is expected to close in the second half of 2023. Morgan Stanley & Co. LLC served as exclusive financial advisor to Cogent, and David S. Dantzic, David Raab, Patrick Shannon, Christopher Clark, Matthew Brill and Marc A. Granger of Latham & Watkins LLP acted as legal advisor. Houlihan Lokey served as the exclusive financial advisor to T-Mobile and T-Mobile was represented by Joseph Alexander, Nancy Victory, Marc Samuel and Jason Juall from DLA Piper. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$0.24 (vs US$0.054 loss in 2Q 2021) Second quarter 2022 results: EPS: US$0.24 (up from US$0.054 loss in 2Q 2021). Revenue: US$148.5m (down 8.2% from 2Q 2021). Net income: US$11.2m (up US$13.7m from 2Q 2021). Profit margin: 7.5% (up from net loss in 2Q 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 8.5%, compared to a 1.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Aug 05
Cogent Communications Holdings, Inc. Increases Regular Quarterly Dividend for the Third Quarter of 2022, Payable on August 31, 2022 On August 4, 2022, Cogent Communications Holdings, Inc.'s Board approved a regular quarterly dividend of $0.905 per share payable on August 31, 2022 to shareholders of record on August 18, 2022. This third quarter 2022 regular dividend represents an increase of $0.025 per share, or 2.8%, from the second quarter 2022 regular dividend of $0.880 per share and an annual increase of 12.4% from the third quarter 2021 dividend of $0.805 per share. Annuncio • Jul 15
Cogent Communications Holdings, Inc. to Report Q2, 2022 Results on Aug 04, 2022 Cogent Communications Holdings, Inc. announced that they will report Q2, 2022 results at 4:00 PM, US Eastern Standard Time on Aug 04, 2022 Annuncio • Jun 29
Cogent Communications Holdings, Inc. Appoints Ms. Eve Howard to Serve as Director, Effective July 1, 2022 On June 24, 2022, the board of directors of Cogent Communications Holdings, Inc. appointed Ms. Eve Howard to serve as a director of the company, effective July 1, 2022. Eve Howard, age 59, is an attorney and partner at Hogan Lovells, specializing in capital markets, financing and other corporate strategic transactions for more than 30 years in private practice. Ms. Howard regularly provides advice to senior management teams and corporate boards of directors on their corporate and finance activities, environmental, social and governance policies and practices, and securities matters. She has served as the global head of the capital markets practice of Hogan Lovells since July 2020, and prior to that served on the global executive management committee of the firm from 2016-2020. In her management role, Ms. Howard worked closely with teams throughout the Americas, Europe and Asia to expand the business, set policies, manage risk and streamline operations. Ms. Howard is a graduate of Duke Law School, where she currently serves on the Board of Visitors, and Dartmouth College. Ms. Howard serves on the Board of Reading Partners DC, a nonprofit aimed at building literacy skills in qualifying Washington, D.C. public elementary schools. As a result of her appointment to the Board, Ms. Howard will be entitled to participate in the Company's non-employee director compensation program. Pursuant to this program, for 2022, as compensation for director services, each director will annually receive $375,000 in the Company's common stock, to be provided on a quarterly basis with each quarterly installment determined by dividing $375,000 by the average closing price of the Company's common stock for the prior quarter and dividing the resulting number of shares by 4. Each director also receives $1,000 cash per in-person Board meeting, and reimbursement of travel expenses. Ms. Howard's compensation for service as a non-employee director will be prorated to reflect the time she serves on the Board during 2022. Recent Insider Transactions • Jun 01
Independent Director recently sold €54k worth of stock On the 31st of May, Lewis Ferguson sold around 950 shares on-market at roughly €56.60 per share. In the last 3 months, there was an even bigger sale from another insider worth €138k. Insiders have been net sellers, collectively disposing of €1.9m more than they bought in the last 12 months. Annuncio • May 27
Cogent Communications Group, Inc. Announces Board Change Cogent Communications Holdings, Inc. announced the appointment of Thaddeus Gerard Weed as a director of Cogent Communications Group, Inc. pursaunt to written consent of the directors dated 10 May 2022 and the resignation of Sean Robert Wallace as a director of Cogent Communications Group, Inc. with effect from 6 May 2022. Reported Earnings • May 01
First quarter 2022 earnings released: EPS: US$0.024 (vs US$0.41 in 1Q 2021) First quarter 2022 results: EPS: US$0.024 (down from US$0.41 in 1Q 2021). Revenue: US$149.2m (up 4.8% from 1Q 2021). Net income: US$1.14m (down 94% from 1Q 2021). Profit margin: 0.8% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 7.5%, compared to a 2.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Annuncio • Apr 08
Cogent Communications Holdings, Inc. to Report Q1, 2022 Results on May 05, 2022 Cogent Communications Holdings, Inc. announced that they will report Q1, 2022 results at 7:00 AM, US Eastern Standard Time on May 05, 2022 Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 16% share price gain to €67.00, the stock trades at a forward P/E ratio of 74x. Average forward P/E is 18x in the Telecom industry in Germany. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €131 per share. Recent Insider Transactions • Mar 02
Independent Director recently sold €62k worth of stock On the 1st of March, Sheryl Kennedy sold around 1k shares on-market at roughly €56.02 per share. In the last 3 months, there was an even bigger sale from another insider worth €164k. Insiders have been net sellers, collectively disposing of €2.8m more than they bought in the last 12 months. Upcoming Dividend • Mar 01
Upcoming dividend of US$0.85 per share Eligible shareholders must have bought the stock before 08 March 2022. Payment date: 25 March 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.4%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (3.8%). Reported Earnings • Feb 25
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$1.04 (up from US$0.14 in FY 2020). Revenue: US$589.8m (up 6.7% from FY 2020). Net income: US$48.2m (up US$42.0m from FY 2020). Profit margin: 8.2% (up from 1.1% in FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 4.5%, compared to a 2.6% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Annuncio • Feb 25
Cogent Communications Holdings, Inc. Approves Regular Quarterly Dividend, Payable on March 25, 2022 On February 23, 2022, Cogent Communications Holdings, Inc. Board approved a regular quarterly dividend of $0.855 per common share payable on March 25, 2022 to shareholders of record on March 9, 2022. This first quarter 2022 regular dividend represents a 3.0% increase of $0.025 per share from the fourth quarter 2021 regular dividend of $0.830 per share and an annual increase of 13.2% from the First Quarter 2021 dividend of $0.755 per share. Annuncio • Feb 10
Cogent Communications Holdings, Inc. to Report Q4, 2021 Results on Feb 24, 2022 Cogent Communications Holdings, Inc. announced that they will report Q4, 2021 results at 7:00 AM, US Eastern Standard Time on Feb 24, 2022 Recent Insider Transactions • Dec 09
Independent Director recently sold €61k worth of stock On the 8th of December, Lewis Ferguson sold around 900 shares on-market at roughly €68.21 per share. In the last 3 months, there was an even bigger sale from another insider worth €110k. Insiders have been net sellers, collectively disposing of €2.5m more than they bought in the last 12 months. Recent Insider Transactions • Nov 27
Independent Director recently sold €110k worth of stock On the 23rd of November, Sheryl Kennedy sold around 2k shares on-market at roughly €68.68 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.8m more than they bought in the last 12 months. Upcoming Dividend • Nov 11
Upcoming dividend of US$0.83 per share Eligible shareholders must have bought the stock before 18 November 2021. Payment date: 03 December 2021. Trailing yield: 4.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.5%). Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS US$2.35 (vs US$0.11 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$147.9m (up 6.9% from 3Q 2020). Net income: US$108.6m (up US$113.6m from 3Q 2020). Profit margin: 73% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Recent Insider Transactions • Aug 25
Independent Director recently sold €107k worth of stock On the 24th of August, Sheryl Kennedy sold around 2k shares on-market at roughly €61.27 per share. In the last 3 months, there was an even bigger sale from another insider worth €579k. Insiders have been net sellers, collectively disposing of €2.8m more than they bought in the last 12 months. Upcoming Dividend • Aug 12
Upcoming dividend of US$0.81 per share Eligible shareholders must have bought the stock before 19 August 2021. Payment date: 03 September 2021. Trailing yield: 4.4%. Within top quartile of German dividend payers (3.1%). Higher than average of industry peers (3.3%). Recent Insider Transactions • Aug 11
Independent Director recently sold €579k worth of stock On the 9th of August, David Bath sold around 9k shares on-market at roughly €66.13 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €2.7m more than they bought in the last 12 months.